Rental Revenues definition
Examples of Rental Revenues in a sentence
Terminal Revenue Percentage shall be an amount equal to the Terminal proportionate share of the sum of Signatory Airlines’ Terminal Rental Revenues and Landing Fee Revenues prior to calculating Revenue Sharing.
Airfield Revenue Percentage shall be an amount equal to the Airfield proportionate share of the sum of Signatory Airlines’ Terminal Rental Revenues and Landing Fee Revenues prior to calculating Revenue Sharing.
Owner understands that TPI shall collect from the Owner the sales tax applicable to such administrative fees and agrees that TPI shall withhold same from the Gross Rental Revenues.
Owner hereby expressly authorizes TPI to deduct forty percent (40%) of the Gross Rental Revenues and retain such as TPI’s compensation for the performance of rental services hereunder.
Monthly Gross Rental Revenues shall exclude any real estate-related ad valorem taxes (which term specifically excludes personal property taxes and taxes on income derived from the Facilities) payable for such period (or the pro rata share thereof applicable to such period) by Milestone and paid by Milestone and not Approved Carriers on the Sites or the Facilities.