Total Operating Revenue definition

Total Operating Revenue means the subject company’s total operating revenue based on its regularly prepared and publicly available statements of operations prepared in accordance with GAAP; provided, with respect to Delta, Total Operating Revenue shall exclude the portion of revenue associated with refinery sales to third parties net of exchange.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Total Operating Revenue means, subject to Section 4(b)(v)(B) below, the subject company’s total operating revenue for the applicable periods based on its regularly prepared and publicly available statements of operations prepared in accordance with GAAP.

Total Operating Revenue means the amounts Pinnacle receives from Northwest pursuant to Section 5.02 or Section 5.14 (including penalties accounted for as a reduction to revenue) of this Agreement, plus any revenues Pinnacle receives as a result of performing ground handling services for Mesaba or other airlines (as and if approved by Northwest), plus any payments Pinnacle receives from a governmental entity intended to reimburse Pinnacle for lost revenue, an inability to cover incurred operating expenses, or as a reimbursement or offset to incurred expenses.

Examples of Total Operating Revenue in a sentence

With respect to each calendar year effective 2008, if the Margin is greater than MMR but less than or equal to (MMR + 0.05), Northwest shall receive from Pinnacle an amount determined as follows: Pnw = (Rev - [Total Operating Cost/(1 - MMR)]) / 2 where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.12 (a), and Total Operating Cost excludes items 1-10 in Section 5.12(a) above.
With respect to each calendar year effective 2008, if the Margin is greater than (MMR + 0.05), Northwest shall receive from Pinnacle an amount determined as follows: Pnw = (Rev - [Total Operating Cost/(0.975 - MMR)]) where, Pnw is the amount payable to Northwest, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.12 (a), and Total Operating Cost excludes items 1-10 in Section 5.12(a) above.
Notwithstanding the foregoing, under no circumstance will the performance incentive fee plus the Management Fee exceed 5% of Total Operating Revenue for the applicable period.
TRS Lessee and Property Owner shall be jointly and severally responsible for paying the Management Fee to Asset Manager, but as between themselves TRS Lessee shall bear responsibility for the portion of the Management Fee relating to Total Operating Revenue and Property Owner shall bear responsibility for the portion of the Management Fee related to Total Campground Revenue.
With respect to each calendar year effective 2008, if the Margin is greater than ***, Delta shall receive from Pinnacle an amount determined as follows: PDL = (Rev – [Total Operating Cost *** where, PDL is the amount payable to Delta, Rev is Total Operating Revenue for Regional Airline Services for the applicable calendar year excluding the items listed in Section 5.12(a), and Total Operating Cost excludes items i-x in Section 5.12(a) above.

More Definitions of Total Operating Revenue

Total Operating Revenue means the amounts received by Pinnacle from Delta pursuant to Section 5.02 or Section 5.14 (including penalties accounted for as a reduction to revenue) of this Agreement, plus any revenues Pinnacle receives as a result of performing ground handling services for airlines other than an Affiliate of Pinnacle (as and if approved by Delta), plus any payments Pinnacle receives from a governmental entity intended to reimburse Pinnacle for lost revenue, an inability to cover incurred operating expenses, or as a reimbursement or offset to incurred expenses.

Total Operating Revenue means, for Delta and each member of the Industry Group, the applicable company's total operating revenue for a calendar year based on its regularly prepared and publically available statements of operations prepared in accordance with accounting principles generally accepted in the United States of America.

Total Operating Revenue means the total operating revenue of the Company as defined in the Cash Flow Report.

Total Operating Revenue has the meaning ascribed to such term in the Uniform System and relates to the Hotel.

Total Operating Revenue means, subject to Section 4(b)(v)(B), the subject company’s total operating revenue for the applicable periods based on its regularly prepared and publicly available statements of operations

Total Operating Revenue means, for Delta and each member of the Industry Group, the applicable company’s total operating revenue for a calendar year based on its regularly prepared and publicly available statements of operations prepared in accordance with accounting principles generally accepted in the United States of America; provided, with respect to Delta, Total Operating Revenue shall exclude the portion of revenue associated with refinery sales to third parties net of exchange.

Total Operating Revenue means the amounts Pinnacle receives from Northwest pursuant to SECTION 5.02 or SECTION 5.15 (including penalties accounted for as a reduction to revenue) of this Agreement, plus any revenues Pinnacle receives as a result of performing ground handling services for Mesaba or other airlines (as and if approved by Northwest), plus any payments Pinnacle receives from a governmental entity intended to reimburse Pinnacle for lost revenue, an inability to cover incurred operating expenses, or as a reimbursement or offset to incurred expenses. "TRAFFIC REFERRAL" shall have the meaning ascribed to such term in SECTION 4.07(E). "TRAFFIC MANIFEST" shall have the meaning ascribed to such term in Section 4.09(A). "VOTING POWER" means, as of the date of determination, the voting power in the general election of directors, managers or trustees, as applicable.