Gross Rental Income definition

Gross Rental Income means the total of all charges paid by all tenants of the Project, less the cost of all utilities paid by the Partnership.

Gross Rental Income as used in this Agreement means gross income billed by Owner or by Management/Consultant related to the Property in any month, but excluding (i) capital gains, (ii) payments in the nature of indemnification or compensation for loss, damage or liability sustained, (iii) all purchase discounts, (iv) any expense reimbursement from tenants, (v) any sums which, under normal accounting practice, are attributable to capital, and (vi) all other receipts of whatever kind and nature. Such Management Fee is intended to compensate the manager for: (i) its general and overhead expense, (ii) all compensation and expenses of personnel employed by Management/Consultant which are not reimbursable as expense under Section 4.4, and (iii) all other expenses incurred by Management/Consultant which are not reimbursable under Section 4.4. Management/Consultant will not be entitled to any leasing commissions.

Gross Rental Income means contracted rent under the master lease agreements in relation to the Enlarged Portfolio which comprises base rent and variable rent (where applicable).

Examples of Gross Rental Income in a sentence

• ASSETS AND LIABILITIES (cont.)Schedule of Real Estate Owned (If additional properties are owned, use continuation sheet.) Property Address (enter S if sold, PS if pending sale or R if rental being held for income) Type of Property Present Market Value Amount of Mortgages & Liens Gross Rental Income Mortgage PaymentsInsurance, Maintenance, Taxes & Misc.

• They are rarely taken fully into account through economic signals in markets, or in day to day decisions by business and citizens, nor indeed reflected adequately in the accounts of society.

• ASSETS AND LIABILITIES (cont’d)Schedule of Real Estate Owned (If additional properties are owned, use continuation sheet.) Property Address (enter S if sold, PS if pending sale or R if rental being held for income) Type of Property Present Market Value Amount of Mortgages & Liens Gross Rental Income Mortgage PaymentsInsurance,Maintenance, Taxes & Misc.

• Property Address (enter S if sold, PS if pending sale or R if rental being held for income) Type of Property Present Market Value Amount of Mortgages & Liens Gross Rental Income Mortgage PaymentsInsurance, Maintenance, Taxes & Misc.

• The auditor recalculated the amounts of gross rental income for the Relevant Period presented on the Statement of Gross Rental Income based on the information set out in the Summary of Tenancy Agreements and the formula stated in the Statement of Gross Rental Income.

More Definitions of Gross Rental Income

Gross Rental Income means the actual sum of the Net Effective Rental Rates of all tenants in possession at each of the Properties, as of the date of determination.

Gross Rental Income means at any time the gross rents, service charges and other monies reserved by or arising out of the Occupational Leases and to which the Borrower is entitled and all other monies derived by the Borrower from any third parties relating to the use and/or occupation of the Property including without limitation any loss of rent insurance payments;

Gross Rental Income means cash rental income for a period including the respective accrued rent free periods for that period;

Gross Rental Income means rental income and management fee due from the

Gross Rental Income means contracted rent under the master lease agreement in relation to the Enlarged Portfolio which comprises base rent and variable rent (where applicable).

Gross Rental Income means all sums payable by any tenant of the Property or any tenant of any Unit within the Property, to the Company for the duration of any tenancy inclusive of ground rent and service charge;

Gross Rental Income means all funds received by the Manager from Tenants or the Manager’s agents on a monthly basis for the rental of the Unit but does not include any damage deposit or security deposit retained by the Manager upon securing a new Tenant in the Unit;