Definition of Premium Centers Net Operating Income


Premium Centers Net Operating Income means, with respect to any Fiscal Quarter of the Borrower, the sum of (i) the Net Operating Income of all Premium Centers owned by Borrower or a Wholly-Owned Subsidiary and (ii) the Borrower's Share of the Net Operating Income of all Premium Centers owned by Affiliates of Borrower that are not Wholly-Owned Subsidiaries.
Sample 1 Sample 2