Gross Profits means the gross profits calculated under section 4;
Gross Asset Value means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:
Adjusted gross receipts means the gross receipts from casino gaming less winnings paid to winners.
Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load
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.