Examples of Total Operating Revenues in a sentence
Revenues are defined in the Hotel Trust Agreement as the Total Operating Revenues, including any insurance proceeds, condemnation proceeds, performance bonds and guaranties and all interest, profits or other income derived from the investment of amounts in any fund or account established pursuant to the Hotel Trust Agreement (except any subaccounts of the Construction Fund that are otherwise pledged and the Rebate Fund).
Provide a footnote describing what is included on this line.Total Operating RevenuesThe electronic report will calculate Total Operating Revenues.
In the event of a casualty or condemnation for temporary use resulting in the payment of business interruption insurance (with respect to such casualty) or a condemnation award (with respect to such condemnation for temporary use), the amount of such proceeds shall be considered a part of Total Operating Revenues for the purpose of computing Manager's Management Fee.
If preparing a paper report, subtract Total Operating Expenses from Total Operating Revenues and enter the result.Nonoperating Revenues:Investment EarningsReport all interest earned on bank deposits and other forms of investment.
All interest earned or accrued on amounts invested from the Reserve shall be added to the Reserve (but shall not be credited against Owner's obligations to fund the Reserve), and shall not constitute Total Operating Revenues or be included therein.