Facility Revenues definition

Facility Revenues. Means, with respect to the Facility, all revenues (determined in accordance with generally accepted accounting principles applied on a consistent basis, except as provided below) whether or not directly or indirectly received or receivable from or by reason of the operation of the Facility, including, without limitation, all resident or client revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or provided (including, without limitation, personal care and nursing when provided by an employee of Tenant), space or facilities subleased or goods sold at or from the Facility, or any other use of the Leased Property, including, without limitation, subleases, licenses or any other arrangements with third parties relating to the possession or use of any portion of the Facility; provided, however, that Facility Revenues shall not include:
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Facility Revenues means for the applicable period of time the sum of “Revenues” as defined in and under each of the Affiliated Agreements and this Agreement.
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Facility Revenues means all revenues received by the YMCA that are generated from activities and services performed at the Facility and the operation of the Facility, including but not limited to membership fees regardless of whether paid by an individual or organization; activity fees; joining fees; rentals; concessions; program fees; donations; grants; City funding allocations designated to the Facility under Section
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Examples of Facility Revenues in a sentence

  • Students are automatically classified as full-time during any given semester if they are taking 12 credits.

  • For the purposes hereof, the fair market value of the Retirement Community shall mean the dollar amount resulting by multiplying the excess of Total Facility Revenues over Property Expenses during the thirteen (13) full Accounting Periods immediately preceding the Accounting Period in which the calculation is made by ten (10).

  • We use a standardized imputed management fee equal to 5% of the revenues our tenants or borrowers generate at each individual facility (Facility Revenues) which we believe represents typical management fees for our senior housing and long-term care portfolios.

  • The Minimum Aggregate Return was met on or about June 1, 1994; accordingly, Net Facility Revenues are now shared equally.

  • In the case of any underpayment of Percentage Rent arising out of variation in Total Facility Revenues from Fiscal Quarter to Fiscal Quarter, the Accrual Date shall be the payment due date for the final installment of Percentage Rent for such preceding Fiscal Year.

  • Manager must pay all Lottery Gaming Facility Revenues daily to the Executive Director as provided by applicable regulation.

  • Manager’s obligation to make the daily payments of all Lottery Gaming Facility Revenues required above is a general obligation of Manager and is absolute and unconditional irrespective of any defense or any rights of setoff, recoupment, or counterclaim Manager may otherwise have against the Commission, the Kansas Lottery, or any agency of the State of Kansas.

  • In addition, on or before seventy-five (75) days after the end of each Fiscal Year, commencing with the first full Fiscal Year after the Base Year, Tenant shall deliver or shall cause Operator to deliver, to Landlord a statement setting forth the Total Facility Revenues for such preceding Fiscal Year together with a certificate of an officer of the Tenant, or Operator's chief accounting officer during the term of the Operating Agreement, certifying that such year-end statement is true and correct.

  • For each Fiscal Year commencing with the first Accounting Period after the Base Year, Tenant shall pay percentage rent ("Percentage Rent") with respect to such Fiscal Year, in an amount equal to ten percent (10%) of the Excess Facility Revenues for such Fiscal Year (or portion thereof).

  • The Executive Director, in consultation with Manager, will develop a process so that Manager may audit and reconcile Lottery Gaming Facility Revenues after the daily payments are made.


More Definitions of Facility Revenues

Facility Revenues has the meaning set forth in Section 5(c)(ii) hereof.
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Facility Revenues means all revenues to Tenant from the facilities leased pursuant to the Continuing Leases, provided that for purposes of calculating Facility Revenues, any entrance fee amortization and net entrance fee cash with respect to The Colonnades and Bedford Court shall be excluded.
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Facility Revenues means any and all income, receipts and revenues of any nature in any form derived by the Operator or the Corporation from the operation of the Project, including any and all amounts now or hereafter due to the Operator or the Corporation or their successors or assigns under the ICE Contract and any and all amounts now or hereafter due pursuant to any extensions, modifications, renewals or substitutions for that contract, or any other contract or agreement hereafter entered into by the Operator for the housing of prisoners or detainees at the Project and any extensions, modifications, renewals or substitutions of such contracts or agreements .
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Facility Revenues means all gross revenues and receipts derived from the operation of the Project, including, without limitation, all revenues and receipts from room rents, food, and beverage sales and other miscellaneous revenues arising from the operation of the Project.
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Facility Revenues means the User Fee and any and all other income, receipts and revenues of any nature in any form derived by Borrower from the Detention Facility, including but not limited to amounts due or to become due from the INS as a result of performance of the INS Contract (which shall be assigned to the Trustee pursuant to the Assignment of Claims) or amounts due or to become due from any other party contracting with Operator as a result of performance of any Agency Contract, to the extent Borrower is entitled to receive or to receive the benefit of such income, receipts and revenues pursuant to the Use Agreement.
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Facility Revenues means, without duplication, all revenues, interest, payments, cash and other proceeds from whatever source received by or on behalf of the Restricted Persons.
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Related to Facility Revenues

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • TIF Revenues means incremental ad valorem taxes generated on the Redevelopment Project Property by the Project which are to be allocated to and paid to the Authority pursuant to the Act.

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Anticipated total county revenue availability means the sum of the:

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Net Revenues means the difference between:

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • System Revenues means all rates, rents, fees, charges,

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Gross Revenue means:

  • Anticipated county property tax revenue availability means the

  • Available Revenues means all monies on deposit from time to time (including investment earnings thereon) in (a) the PILOTS Account; and (b) subject to annual appropriation, the EATS Account that have been appropriated to the repayment of TIF Notes, excluding (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the City which is the subject of a suit or other claim communicated to the City which suit or claim challenges the collection of such sum.

  • Availability Reserves means, without duplication of any other Reserves or items that are otherwise addressed or excluded through eligibility criteria, such reserves as the Agent from time to time determines in its discretion as being appropriate (a) to reflect the impediments to the Agent’s ability to realize upon the Collateral, (b) to reflect claims and liabilities that the Agent determines may need to be satisfied in connection with the realization upon the Collateral, (c) to reflect criteria, events, conditions, contingencies or risks which the Agent believes in good faith could adversely affect any component of the Borrowing Base, or the assets, business, financial performance or financial condition of any Loan Party, or (d) to reflect that a Default or an Event of Default then exists. Without limiting the generality of the foregoing, Availability Reserves may include, in the Agent’s discretion, (but are not limited to) reserves based on: (i) rent; (ii) customs duties, and other costs to release Inventory which is being imported into the United States; (iii) outstanding Taxes and other governmental charges, including, without limitation, ad valorem, real estate, personal property, sales, claims of the PBGC and other Taxes which may have priority over the interests of the Agent in the Collateral; (iv) salaries, wages and benefits due to employees of any Borrower, (v) Customer Credit Liabilities, (vi) customer deposits, (viii) reserves for reasonably anticipated changes in the Appraised Value of Eligible Inventory between appraisals, (viii) warehousemen’s or bailee’s charges and other Permitted Encumbrances which may have priority over the interests of the Agent in the Collateral, (ix) amounts due to vendors on account of consigned goods, (x) Cash Management Reserves, (xi) Bank Products Reserves and (xii) royalties payable in respect of licensed merchandise.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Project Revenue means all net rents, proceeds, revenue and other income derived by the City by virtue of any lease, sale, conveyance or other disposition of any part of the Project, plus all sums received by the City as a result of damage to or destruction or condemnation of the Project, but shall not mean any part of the Tax Revenue.

  • Consolidated Revenues means, for any period, the consolidated net revenue of the Company and the Restricted Entities for such period determined in accordance with GAAP.

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”