Estimated Net Revenues definition

Estimated Net Revenues means, for any Calendar Year (or such other Year as may be specified by the Authority), the estimated Revenues for such Calendar Year less the estimated Operation and Maintenance Costs for such Calendar Year.
Estimated Net Revenues means, for any Fiscal Year, the estimated Revenues for such Fiscal Year less the es- timated Operation and Maintenance Expenses for such Fiscal Year, based upon estimates prepared by the Chief Fi- nancial Officer. In computing Estimated Net Revenues for a given Fiscal Year, historical Revenues may be adjusted by the Chief Financial Officer to include not more than the Revenues estimated to be available in such Fiscal Year from: (a) any fee increase that has been or will be in effect prior to the delivery of a Series of Bonds or the execution of a Contract in connection with which an estimate is made; and (b) to the extent that the same are to be occupied and used during such Fiscal Year, any additions, improvements or extensions to the Student Housing System to be purchased, acquired or constructed in whole or in part during such Fiscal Year with the proceeds of a Series of Bonds, pursuant to a Contract or from other sources using the schedule of rates and charges for such facilities to be used upon completion of construction of such facilities. Such calculations shall exclude any Revenues derived from over–occupancy, if any, in relation to designed capacity of existing facilities of the Student Housing System and shall assume for all purposes a future utilization or occupancy rate equal to the average utilization or occupancy rate of the portion of the Student Housing System consisting of student housing over the most recent past three (3) Fiscal Years. In such calculations the historical Operation and Maintenance Expenses shall also be adjusted by the Chief Financial Officer to reflect any anticipated increases or decreases in Operation and Maintenance Expenses, whether as a result of the purchase, acquisition or construction of a Project or otherwise.
Estimated Net Revenues means, for any Fiscal Year, the estimated Revenues for such Fiscal Year less any estimated transfers from the Revenue Fund to pay Operation and Maintenance Costs. In computing Estimated Net Revenues, historical Revenues may be adjusted to include not more than the Revenues estimated to be available to the Issuer in such Fiscal Year from: (1) any rate increase that was put into effect prior to the delivery of a Series of Bonds in connection with which an estimate is made; (2) any customers connected to the System during or subsequent to the Fiscal Year for which the Estimated Net Revenues are being computed; (3) any

Examples of Estimated Net Revenues in a sentence

  • Estimated Price Spreads between PJM and New York City The Estimated Net Revenues were affected by several key assumptions that we discuss in this section.

  • Depending on mode, commodity and route this benefit can vary between UAH70 and UAH210 per tonne.Table 7: Estimated Net Revenues from Transit Cargo (UAH/tonne) Rail Total per tonne 140 140 161 99 70 Other non-bulk cargoesTo UZ 189 189To ports 38 38To private operators 0 0To Government 41 Total per tonne 189 189 38 79The total net value of transit cargo depends on its volume, of course; and on the shares of the three identified cargo types and the five modes.

  • The Estimated Net Revenues will be the sum of the Net Revenues as calculated in (A) above, less any Direct Payments, plus 80% of the estimated additional Net Revenues as calculated in (B) above.

  • Operating Cap.) without Interest……………….…….……… US$ - 3.3 MioEstimated Net Revenuesafter Processing of Stockpiled Ore of 120,000 tons US$ 43.2 MioWith a gold price of US$ 1,000/oz the Estimated Net Revenues before taxes and without deduction of interest for the capital after Processing of Stockpiled Ore of 120,000 tons are projected at US$ 43.2 Mio.

  • The Estimated Net Revenues will be the sum of the Net Revenues as calculated in (A) above, plus 75% of the estimated additional Net Revenues as calculated in (B) above.

  • If a Written Certificate is delivered pursuant to Section 2.04(c)(1)(B), such Written Certificate shall set forth the Estimated Net Revenues for the Fiscal Year during which the Cross-over Date occurs and each succeeding Fiscal Year to and including the second Fiscal Year succeeding such Cross-over Date, instead of the Fiscal years specified in Section 2.04(c)(1)(B).

  • Estimated Net Revenues Available for Debt Service for the fiscal year ending December 31, 2016 include additional revenues expected as a result of approved sewer rate increases effective May 1, 2015 and January 1, 2016, but do not include additional revenues expected as a result of the approved January 1, 2017 sewer rate increase.

  • If a Written Certificate of the Issuer is delivered pursuant to Section 2.04(c)(1)(B), such Written Certificate of the Issuer shall set forth the Estimated Net Revenues for the Fiscal Year during which the Cross-over Date occurs and each succeeding Fiscal Year to and including the second Fiscal Year succeeding such Cross-over Date, instead of the Fiscal years specified in Section 2.04(c)(1)(B).

  • The Estimated Net Revenues will be the sum of the Net Revenues as calculated in (a) above, plus eighty percent (80%) of the estimated additional Net Revenues as calculated in (b) above.

  • Estimated Net Revenues are after realisation costs (logistics and treatment charges/payability).


More Definitions of Estimated Net Revenues

Estimated Net Revenues means, for any Year, the estimated Revenues for such Year less the estimated Operation and Maintenance Costs for such Year. In estimating Revenues, the Issuer or the Qualified Independent Engineer, as the case may be, shall base such estimation on the actual Revenues for the most recent Fiscal Year, plus (a) the additional Revenues from any increase in
Estimated Net Revenues means, for any Year, the estimated Net Revenues for such Year. Event of Default
Estimated Net Revenues means, for any Fiscal Year, the estimated Revenues for such Fiscal Year, less the estimated Operation and Maintenance Costs for such Fiscal Year, based upon estimates set forth in a Written Certificate of the Issuer. In computing Estimated Net Revenues, historical Revenues may be adjusted to include not more than the Revenues estimated to be available to the Issuer in such Fiscal Year from: (1) any rate increase authorized prior to the delivery of a Series of Bonds in connection with which an estimate is made; (2) any customers expected to be connected to the System during or subsequent to the Fiscal Year for which the Estimated Net Revenues are being computed; (3) any new contracts entered into by the Issuer for the provision of sewer services; and (4) any improvements or extensions to the System to be acquired or constructed in whole or in part with the proceeds of a Series of Bonds or from other sources. Historical Operation and Maintenance Costs shall also be adjusted to reflect any anticipated increases or decreases in Operation and Maintenance Costs, whether as a result of the acquisition or construction of the Project or otherwise.

Related to Estimated Net Revenues

  • Net Revenues means the difference between:

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

  • 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.

  • 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.

  • Gross Revenue means:

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • 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.

  • 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.

  • 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.

  • 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.

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • 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.

  • Gross Profits means the gross profits calculated under section 4;

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

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

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

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

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of Foamex, the net income of Foamex and its Subsidiaries after provision for income taxes for such fiscal period, as determined in accordance with GAAP on a consolidated basis (excluding the Joint Ventures and the China Joint Venture) and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain (or loss) arising from any write-up (or write-down) in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by Foamex or any of its Subsidiaries in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person (other than Foamex Canada and the Mexican Subsidiaries and their respective Subsidiaries) in which Foamex or any of its Subsidiaries has an ownership interest unless (and only to the extent) such earnings shall actually have been received by Foamex or any of its Domestic Subsidiaries in the form of cash distributions; (e) earnings of any Person to which assets of Foamex or any of its Subsidiaries shall have been sold, transferred or disposed of, or into which Foamex or any of its Subsidiaries shall have been merged, or which has been a party with Foamex or any of its Subsidiaries to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain or loss arising from the acquisition of debt or equity securities of Foamex or any of its Subsidiaries or from cancellation or forgiveness of Debt; and (g) gain or loss arising from extraordinary items, as determined in accordance with GAAP.