Assessed Revenue definition

Assessed Revenue means revenue earned by the licensee’s Interconnector for Relevant Year t and calculated in accordance with Part A of special condition 5 (Assessed Revenue) of this licence “Availability Incentive Adjustment At Cap" (AICt) means the adjustment to the Cap Level determined in accordance with Part B of special condition 4 (Interconnector Availability Incentive) of this licence “Availability Incentive Adjustment At Floor” (AIFt) means the adjustment to the Floor Level determined in accordance with Part C of special condition 4 of this licence “Cap Level”(CLt) means the level of Assessed Revenue for any Relevant Year that:(a) is determined in accordance with the formula in paragraph 4(a) of special condition 2 (Cap Level and Floor Level) of this licence; and
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Assessed Revenue means revenue earned by the licensee for Relevant Year t and
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Assessed Revenue means revenue earned by the licensee’s Interconnector for Relevant Year t and calculated in accordance with Part A of special condition 5 (Assessed Revenue) of this licence“Availability Incentive Adjustment At Cap" (AICt)means the adjustment to the Cap Level determined in accordance with Part B of special condition 4 (Interconnector Availability Incentive) of this licence“Availability Incentive Adjustment At Floor” (AIFt)means the adjustment to the Floor Level determined in accordance with Part C of special condition 4 of this licence“Cap Level”(CLt)means the level of Assessed Revenue for any Relevant Year that:(a) is determined in accordance with the formula in paragraph 4(a) of special condition 2 (Cap Level and Floor Level) of this licence; and (b) above which, at the end of each Relevant Assessment Period, the difference between the Cap Level and the Assessed Revenue is paid to the GB System Operator“Cap Start Date”means the Regime Start Date or such earlier date as may be specified in writing by the Authority“End Of Period Cap And Floor Adjustment” (CFAap)means the licensee’s Interconnector Revenue adjustment component calculated in accordance with paragraph 4 of special condition 3 (Cap and Floor Assessment) of this licence“Exceptional Event”means: (a) an event or circumstance that results in or causes the Actual Availability of licensee’s Interconnector to fall below the Minimum Availability Target in any Relevant Year; and(b) in the Authority’s opinion, the event or circumstance: i. constitutes a Force Majeure event under the special conditions of this licence;ii. has been appropriately mitigated and managed by the licensee including responding to the event in line with Good Industry Practice; andiii. the Authority is satisfied that the licensee has met the requirements of Part A of special condition 4of this licence
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Examples of Assessed Revenue in a sentence

  • Without prejudice to any part of this condition, the Authority may, where it considers the information reported by the licensee in its Annual Cap and Floor RIGs Submission with respect to any component of the Assessed Revenue to be insufficient, request such information to be supplemented with any additional information or supporting evidence that the Authority considers appropriate.

  • Thus Shyam can sell his ancestral house in India to a person resident in India.(iii) As per the provisions of the Regulations, a person can acquire bonus shares on foreign securities held in accordance with the provisions of the Act made there under.

  • Assessment of the licensee’s Assessed Revenue against the Cap Level and Floor Level (subject to these levels coming into force under paragraph 5 of special condition 2 of this licence) will occur at the end of every Relevant Assessment Period over the course of the Regime Duration.

  • The purpose of this special condition is to calculate the licensee’s Assessed Revenue, which is assessed against the Cap Level and Floor Level in accordance with special condition 3 (Cap and Floor Assessment) for each Relevant Assessment Period of the Regime Duration.

  • The licensee’s Assessed Revenue is assessed against the Cap Level as adjusted by theAICt term for each Relevant Year over the Regime Duration in accordance with special condition 3 (Cap and Floor Assessment).

  • The following is a list of “Joint Ventures” known to the UCF Finance Corporation.

  • The WPApap term is a revenue adjustment component that provides for the adjustment (whether upwards or downwards) of the licensee’s Interconnector Revenue outside of the five-yearly assessment of the licensee’s Assessed Revenue against the Cap Level and Floor Level set out in special condition 3 (Cap and Floor Assessment) of this licence.

  • The CFAap term is a component that provides for the adjustment (whether upwards or downwards) of the licensee’s Interconnector Revenue as a consequence of the assessment of the licensee’s Assessed Revenue against the Cap Level and Floor Level for each Relevant Assessment Period.

  • The CFAap term is a component that provides for the adjustment (whether upwards or downwards) of the Interconnector Revenue as a consequence of the assessment of the licensee’s Assessed Revenue against the Cap Level and Floor Level for each Relevant Assessment Period.

  • The licensee’s Assessed Revenue is assessed against the Cap Level as adjusted by the AICt term for each Relevant Year over the Regime Duration in accordance with special condition 3 (Cap and Floor Assessment).

Related to Assessed Revenue

  • Gross Revenue means:

  • Estimated revenue means the amount of revenue estimated to be received from all sources during the budget year in each fund for which a budget is being prepared.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Anticipated county property tax revenue availability means the

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Assessed value means 1 of the following:

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • System Revenues means all rates, rents, fees, charges,

  • Consolidated Revenues means, with reference to any period, total revenues of the Company and its Subsidiaries calculated in accordance with GAAP on a consolidated basis as of such date.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Net Revenues means the difference between:

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • TIF Revenues means incremental ad valorem taxes generated by the Project which are allocated to and paid to the Authority pursuant to the Act.

  • Gross Operating Revenues means, for any period of time for any Hotel Property, without duplication, all income and proceeds of sales of every kind (whether in cash or on credit and computed on an accrual basis) received by the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property or the applicable Operating Lessee or Manager for the use, occupancy or enjoyment of such Hotel Property or the sale of any goods, services or other items sold on or provided from such Hotel Property in the ordinary course of operation of such Hotel Property, including, without limitation, all income received from tenants, transient guests, lessees, licensees and concessionaires and other services to guests at such Hotel Property, and the proceeds from business interruption insurance, but excluding the following: (i) any excise, sales or use taxes or similar governmental charges collected directly from patrons or guests, or as a part of the sales price of any goods, services or displays, such as gross receipts, admission, cabaret or similar or equivalent taxes; (ii) receipts from condemnation awards or sales in lieu of or under threat of condemnation; (iii) proceeds of insurance (other than business interruption insurance); (iv) other allowances and deductions as provided by the Uniform System in determining the sum contemplated by this definition, by whatever name, it may be called; (v) proceeds of sales, whether dispositions of capital assets, FF&E or equipment (other than sales of Inventory in the ordinary course of business); (vi) gross receipts received by tenants, lessees (other than Operating Lessees), licensees or concessionaires of the owner (or, if such Hotel Property is ground leased, the ground lessee) of such Hotel Property; (vii) consideration received at such Hotel Property for hotel accommodations, goods and services to be provided at other hotels although arranged by, for or on behalf of, and paid over to, the applicable Manager; (viii) tips, service charges and gratuities collected for the benefit of employees; (ix) proceeds of any financing; (x) working capital provided by the Parent Guarantor or any Subsidiary of the Parent Guarantor or the applicable Operating Lessee; (xi) amounts collected from guests or patrons of such Hotel Property on behalf of tenants of such Hotel Property and other third parties; (xii) the value of any goods or services in excess of actual amounts paid (in cash or services) provided by the applicable Manager on a complimentary or discounted basis; and (xiii) other income or proceeds resulting other than from the use or occupancy of such Hotel Property, or any part thereof, or other than from the sale of goods, services or other items sold on or provided from such Hotel Property in the ordinary course of business. Gross Operating Revenues shall be reduced by credits or refunds to guests at such Hotel Property.

  • Consolidated Cash Taxes means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the aggregate of all taxes, as determined in accordance with GAAP, to the extent the same are paid in cash during such period.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Captured assessed value means the amount in any 1 year by which the current assessed value of the development area, including the assessed value of property for which specific local taxes are paid in lieu of property taxes as determined in subdivision (w), exceeds the initial assessed value. The state tax commission shall prescribe the method for calculating captured assessed value.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;