Income and Expenses. Net Proceeds shall be calculated by deducting from the Gross Revenue (as defined below) realized (or deemed to be realized), such costs and expenses attributable to Exploration, Development, Mining, the marketing of Products and other Operations as would be deductible under generally accepted accounting principles and practices consistently applied, including without limitation:
Income and Expenses. Except as set forth in this Section 5.6 “Taxes, Prorations and Closing Costs,” all items of income and expense, including rents and other charges under the Assigned Contracts, in each case, for the period prior to the Closing, will be for the account of Seller or TOPIII, and all items of income and expense, including rents and other charges under the Assigned Contracts, for the period on and after the Closing will be for the account of Purchaser, all as determined by the accrual method of accounting. If either Party actually receives any rents or other charges under the Assigned Contracts that are, in whole or in part, designated as payments for the period credited to the other Party under this Section 5.6(b) “Income and Expenses,” the recipient will, within a reasonable period of time, remit such amounts to the other Party.
Income and Expenses. All other income and expenses of the Property, including, but not limited to such things as restaurant and snack bar income and expenses and the like.
Income and Expenses. All income and expenses of the Real Property and Improvements. All rents prepaid for a portion of the term on or after the Closing, shall be paid by credit to Buyer at the Closing. All other income and expense items subject to proration pertaining to the period prior to the Closing Date will be allocated to and paid by Seller and all income and expense items subject to proration pertaining to the period starting on the Closing Date will be allocated to and paid by Buyer. Seller is responsible for lease commissions due Seller's employees and locater fees for leases under which the tenant moves into a unit prior to the Closing Date. All non-refundable and fully earned application fees which are not prepaid security deposits shall be retained by Seller. Any income receivable in connection with any service contract will be prorated, but no lump sum or up front payments paid to Seller with respect to any service contract will be prorated. Except as provided in subsection (vi) below, Rent will be prorated based on the Rent Roll provided by Seller at the Closing as provided in subsection 8(b)(i), including collected and uncollected rent for the month of Closing. No later than three (3) business days prior to the Closing Date, Buyer and Seller shall mutually approve and provide to the Title Company a schedule of prorations in as complete and accurate a form as possible. No later than sixty (60) days after the Closing, Seller and Buyer shall make appropriate post-Closing adjustments to the prorations of income and expenses but in no event will any readjustment be made after the 180th day after the Closing Date, other than a readjustment of ad valorem taxes and assessments.
Income and Expenses. Net Profits shall be calculated by deducting from the gross revenues received (or deemed to be received) from the sale (or deemed sale) of minerals, the costs and expenses reasonably incurred in the processing, production, sale and transportation of minerals, including without limitation:
Income and Expenses. All rents, income, utilities and all other operating expenses with respect to the Property, if any, for the month in which the Closing occurs shall be prorated as of the date of Closing. If Closing shall occur before any rents and other income from the Property have actually been paid for the month in which the Closing occurs, only the rents and income actually received by Seller will be prorated at Closing. Subsequent to Closing, if any such rents and income are actually received by Xxxxx, immediately upon its receipt of such rents and income, Buyer shall pay to Seller Seller’s proportionate share thereof for such month.
Income and Expenses. (1) The income of the CARICOM Development Fund shall be -
Income and Expenses. Categorized according to Monthly Income and Expense Statement (Form 65) Income and Expenses can be entered using quick entry screen or via the estate detail screens. Calculates Surplus Income (OSB Directive 11R) Track monthly cash flow by period. Monthly Income Pay cheque calculator, and small business calculator from gross to net business income based on the CCRA form T2124 Create budget sheets receipts schedule for the estate. Monthly Income/Expense overview.
Income and Expenses a. The Operator will be responsible for collecting all Operating Income for the Premises, and the Operator will be responsible for paying out of such Operating Income all Operating Expenses. Such Operating Expenses will include, but are not limited to, the following:
