Rental Revenue means, with respect to any Borrower for any period, the gross revenues of such Borrower from leases to the public of such Borrower’s furniture inventory and lease equipment, including without limitation, all customer deposits, advance lease payments, waiver fees, late fees, delivery fees, nonsufficient funds fees, reinstatement fees, but excluding all retail sales proceeds and sales taxes.
Rental Revenue means, for any period, the gross revenues of Borrower from leases to the public of Borrower’s furniture inventory, computers, electronics, appliances and lease equipment including, without limitation, all customer deposits, advance lease payments, waiver fees, late fees, delivery fees, nonsufficient fund fees and reinstatement fees, but excluding all retail sales proceeds, goods and services tax, harmonized sales tax or provincial sales taxes.
Rental Revenue means the total contract amount stated in the retail contract less any taxes and fees imposed by
Examples of Rental Revenue in a sentence
Gross Potential Rental Revenue (“GPR”) is based upon the 2019 restricted rents published by Florida Housing.
The weighting of the lease term was computed using Total Rental Revenue.
In addition to IDB financing, the Agency also issued Tax-Exempt PILOT Revenue Bonds, Taxable Rental Revenue Bonds, Taxable Installment Purchase Bonds and Taxable Lease Revenue Bonds in connection with the construction of the new Yankee Stadium and Citi Field (the “Stadia Projects”).
Guarantors are to provide the standard FHFC Operating Deficit Guarantee to be released upon achievement of an average 1.15 DSC on the First Mortgage (MMRB Program Loan), 90% Occupancy and 90% of Gross Potential Rental Revenue, all for twelve (12) consecutive months certified by an independent Certified Public Accountant (“CPA”).
July 1, 2016, shall be payment of 100% of the Net Rental Revenue from the Leased Premises through June 30, 2016.
More Definitions of Rental Revenue
Rental Revenue means all cash amounts collected by the Borrowers relating to the Real Property Assets (which shall include (i) rental income characterized for accounting purposes as interest on or repayments of loans for tenant improvements but excluding any notes payable for past due rent and any rent for any Real Property Asset for any time it is operated by any Credit Party or Affiliate as a Short Term Operator and (ii) accrued rental reasonably acceptable to the Administrative Agent for assets transitioned in the most recently completed twelve (12) month period provided that with respect to any ground leased Real Property Asset, all such cash amounts collected shall be net of any rental payments required to be paid by the Borrowers under any such ground lease) for the period in question (and if none specified, then for the most recently completed four fiscal quarter period, as determined under GAAP (excluding any straight lining of rent), but excluding (a) nonrecurring income and non-property related income and any notes payable (as determined by Administrative Agent in its reasonable discretion) and income from tenants and/or residents that is classified as “bad debt” under generally accepted accounting principles, (b) other revenue for such period not to exceed ten percent (10%) of the amounts included in clause (a) above for laundry, vending, parking and other occupancy payments (but excluding late fees and interest income) based upon collections for such period; and (c) amounts during any such restoration under Section 6.19.
Rental Revenue means *
Rental Revenue means the total contract amount stated in the retail contract less any taxes and fees imposed by A.R.S. Title 42, Chapter 5, Article 1, A.R.S. Title 48, Chapter 26, Article 2, and selected non-vehicle related charges, including boxes, packing blankets, straps, and tow bars.
Rental Revenue means all monthly rent paid by tenants under any Lease, together with amounts of any tenant security deposits applied in lieu of those monthly rent payments pursuant to any Lease. Notwithstanding the foregoing, initial Property Management Fees with respect to any Property may be lower than 10%; the Property Details for a particular Property will describe any deviation from the fees listed in this Schedule. On an annual basis, the Property Manager has the right to revisit the terms of its functions and the fee listed above to ensure that the terms and fee are competitive with the market for similar services being offered by third-party providers. Roofstock (the “Asset Manager”) will act as asset manager with respect to the Properties pursuant to the Management Agreement. The Asset Manager will manage the Property Manager and will have the right to direct the Property Manager with respect to certain decisions regarding the Properties. The initial fees that will be paid to the Asset Manager (the “Asset Management Fees”) are summarized in Schedule 2 below. Notwithstanding the foregoing, initial Asset Management Fees with respect to any Property may vary; the Property Details for a particular Property will describe any deviation from the fees listed in Schedule 2. Prospective investors should review the Property Details for a Property for any modifications of the initial Asset Management Fees for such Property. Schedule 2 – Initial Asset Management Fees • For any Property, an amount equal to the product of (a) the Rental Revenue for such Property and (b) the Base Rate for such Property, accruing each calendar month.
Rental Revenue means all revenue realized from the rental of all Participating Units;
Rental Revenue means group revenue that is derived from the owning or leasing of property which is let or sub-let to tenants, plus dividends received from another REIT where the investment in that REIT is not consolidated in the group accounts;
Rental Revenue means rental income generated from residential properties purchased and held long- term for rent.