Room Revenues definition

Room Revenues means gross revenue from the rental of guest rooms, whether to individuals, groups or transients, but excluding the following:

Room Revenues shall have the meaning given such term ------------- in Section 12.1. ------------

Room Revenues means all revenues from the rental of guest rooms at the Casino, together with any sales or other taxes thereon.

Examples of Room Revenues in a sentence

• Second, the EMS members did not experience such remarkable changes in their policy settings than the CEEC.

• In addition, the entire amount of any Award made for such Condemnation allocable to the Term of this Lease, whether paid by way of damages, rent or otherwise, shall be paid to Lessee and, except for any portion thereof utilized for restoration, shall be deemed to be Room Revenues for the purpose of calculating the Percentage Rent payable hereunder during such temporary taking.

• If any Lessor's Audit discloses a deficiency in the determination or reporting of Room Revenue which, as finally agreed or determined, exceeds 3%, Lessee shall pay the costs of the portion of Lessor's Audit allocable to the determination of Room Revenues (the "Revenue Audit").

• Room Revenues: Reflects intercompany room revenues earned, which were historically eliminated in consolidation.

• Within twenty (20) days after the close of each Accounting Period, Manager shall deliver an interim accounting (the “Accounting Period Statement”) to Tenant and Landlord showing for each Hotel, Gross Revenues, Gross Room Revenues, occupancy percentage and average daily rate, Deductions, Operating Profit, and applications and distributions thereof for the preceding Accounting Period.

More Definitions of Room Revenues

Room Revenues means all revenues from the rental of guest rooms at the Property, together with any sales or other Taxes thereon.

Room Revenues means all revenues, receipts, and income of any kind derived directly or indirectly by Tenant from or in connection with the rental of guest rooms or suites, whether to individuals, groups or transients, at the Project, whether on a cash basis or credit, paid or collected, determined in accordance with generally accepted accounting principles, excluding the following:

Room Revenues means Net Rooms Department Revenue (as defined in the Uniform System of Accounts for the Lodging Industry).

Room Revenues means Gross Revenues determined in a manner consistent with GAAP and the Uniform System of Accounts, from the rental of guest rooms whether to individuals, groups or transients, at the Hotel, including, but not limited to (a) the fair market value of goods or services which have been provided in exchange for rooms under bartering or trade arrangements, (b) the fair market value of rooms provided under frequent traveler programs, gift certificate programs or any other similar programs, (c) the fair market value of any other allowances or commissions deducted from room rates, including, but not limited to, discounts and travel agent commissions (items (a)-(c) being allocated to the respective revenues categories in accordance with the Uniform System of Accounts), and (d) other Gross Revenues received from cancellation of room reservations, retained deposits, and other income derived from reservation changes. Room Revenues shall not include: (a) all sales taxes or any other taxes imposed on the rental of such guest rooms, and (b) any fees collected for amenities including, but not limited to, telephone, laundry, movies or concessions and (c) the value of rooms provided to employees of Landlord, Tenant, the franchisor under the Franchise Agreement or guests on a complimentary basis ("Complimentary Rooms"); provided, however, to the extent the Complimentary Rooms exceed two (2%) percent of the aggregate room rentals for a Fiscal Year, the fair market value of such excess shall not be excluded from Room Revenues, and such amounts shall be added to Gross Revenues for the last Fiscal Quarter of the preceding Fiscal Year. All credits, rebates, refunds and credit card chargebacks, except to the extent that such Room Revenues were originally collected prior to the Commencement Date, shall be deducted from Room Revenues.

Room Revenues. Gross revenue from the rental of guest rooms (including, ------------- but not limited to, bedrooms suites, banquet rooms, meeting rooms and other similar rooms), whether to individuals, groups or transients, but excluding the following:

Room Revenues means, with respect to any period and for any Portfolio Hotel, gross revenue of the Lessee of the relevant Portfolio Hotel from the rental of guest rooms, whether to individuals, groups or transients, at the relevant Portfolio Hotel, excluding the following: (A) the amount of all credits, rebates or refunds to customers, guests or patrons; (B) all sales taxes or any other taxes imposed in the rental of such guests rooms; and (C)

Room Revenues means all revenues from the rental of guest rooms of the Real Property (but excluding any items included in the definition of Other Revenues), together with any sales or other taxes thereon collected by Seller.