Project Profits definition

Project Profits are defined as any revenue generated from a specific Project (including but not limited to Ticket Sales, Distribution Deals, DVD and Video Sales, Merchandising, or if the Project is otherwise licensed, marketed, or sold) less costs expended on the Project, or any other debts or obligations which may apply.
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Project Profits means the difference between (a) Gross Revenues, and (b) the sum of (x) the Hebron Expenses, (y) the Option Expenses, and (z) the Project Expenses.
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Project Profits means the aggregate of the Project NPAT and the Net Adjustments.
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Examples of Project Profits in a sentence

  • All Project Profits shall be distributed at the sole discretion of Project Owner except for profit generated by use of Company’s non- exclusive rights to Project as defined herein (Section “3.

  • All Project Profits shall be distributed at the sole discretion of Project Owner except for profit generated by use of Company’s non-exclusive rights to Project as defined herein (Section “3.

  • Any and all taxes incurred as a result of Budget Dollars or Project Profits are the sole responsibility of the Project Owner.

Related to Project Profits

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Development Project means a project for the development of land within a