GRR definition

GRR means gross revenues royalty, a form of royalty based on the total revenue stream from the sale of production from the property, which can sometimes include deductions.

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GRR means gross revenue royalty, a form of royalty interest entitling the holder thereof to a share of the total revenue stream from the sale of production from a property, which may or may not include deductions. GRR may also be referred to as a "gross value royalty", or GVR, a "gross proceeds royalty", or GPR, or a "gross overriding royalty", or "GORR".

GRR means gross revenue royalty.

Examples of GRR in a sentence

• This Certificate is one of a duly authorized issue of Certificates designated as Certificates of the series specified on the face hereof (herein called the “Certificates”) and representing an interest in the Class of Certificates specified on the face hereof equal to the quotient expressed as a percentage obtained by dividing the Denomination of this Certificate specified on the face hereof, by the aggregate initial Certificate Balance of the Class G-RR Certificates.

• The Upper-Tier REMIC will hold the Lower-Tier Regular Interests and will issue the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-BP, Class X-A, Class X-BP, Class X-B, Class A-S, Class B, Class C, Class D, Class X-D, Class E-RR, Class F-RR, Class G-RR and Class H-RR Certificates, representing the “regular interests” in the Upper-Tier REMIC created hereunder.

• Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Class G-RR Pass-Through Rate specified above on the Certificate Balance of this Certificate immediately prior to each Distribution Date.

• Subject to the terms of the Pooling and Servicing Agreement, the Class G-RR Certificates will be issued in fully registered, certificated form in minimum denominations of $100,000, and in integral multiples of $1 in excess thereof, with one Certificate of each such Class evidencing an additional amount equal to the remainder of the initial Certificate Balance of such Class.

• CITIBANK, N.A., not in its individual capacity but solely as Certificate Administrator By: Authorized Signatory Dated: August 8, 2019 This is one of the Class G-RR Certificates referred to in the Pooling and Servicing Agreement.

• The Regular Certificates consist of the Class A-1 Certificates, the Class A-2 Certificates, the Class A-3 Certificates, the Class A-4 Certificates, the Class X-A Certificates, the Class A-S Certificates, the Class B Certificates, the Class X-B Certificates, the Class C Certificates, the Class D Certificates, the Class E-RR Certificates, the Class F-RR Certificates, the Class G-RR Certificates, the Class J-RR Certificates and, if issued, the Class VRR Certificates.

• CITIBANK, N.A., not in its individual capacity but solely as Certificate Administrator By: Authorized Signatory Dated: ____________, 2025 This is one of the Class G-RR Certificates referred to in the Pooling and Servicing Agreement.

• Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-AB, Class X-A, Class A-S, Class C, Class X-B, Class X-D, Class X-F, Class D, Class E, Class F, Class G-RR, Class J-RR, Class R and Class VRR Certificates (together with the Class B Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

• Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-4, Class A-5, Class A-AB, Class X-A, Class A-S, Class B, Class C, Class X-B, Class X-D, Class X-F, Class D, Class E, Class F, Class G-RR, Class J-RR, Class R and Class VRR Certificates (together with the Class A-2 Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

• Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-4, Class A-5, Class A-AB, Class X-A, Class A-S, Class B, Class C, Class X-B, Class X-D, Class X-F, Class D, Class E, Class F, Class G-RR, Class J-RR, Class R and Class VRR Certificates (together with the Class A-3 Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

More Definitions of GRR

GRR has the meaning given to it in the preamble to this Agreement.

GRR means graded riprap.

GRR means Ground Round Restaurants, Inc., a company organized under the laws of New York.

GRR means a geotechnical risk register as described in paragraph 2.9.6 of Part 1 (Certification Procedure) of Schedule 9 (Certification and Review Procedure);