Project Revenue Sample Clauses

The PROJECT REVENUE clause defines how income generated from a specific project will be handled and distributed among the involved parties. It typically outlines the sources of revenue, the method for calculating total project income, and the allocation or sharing percentages for each party. For example, it may specify that all sales, licensing fees, or other earnings directly attributable to the project are included, and detail how these funds are divided after deducting agreed-upon expenses. The core function of this clause is to ensure transparency and fairness in the distribution of project earnings, thereby preventing disputes over financial entitlements.
Project Revenue. Deposit all Project Revenue in the Revenue Account for application solely for the purposes and in the order and manner provided in the Depositary Agreement.
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Project Revenue. Collection and appropriation of revenue by the Licensee 24.1.1 With effect from the COD till the Transfer Date, the Licensee shall have the sole and exclusive right to demand, collect, revise and appropriate revenue from the users in accordance with Good Industry Practice and more particularly in terms set out under this Agreement. 24.1.2 The Licensee shall be free to decide on the sale price for the finished products from the Project subject to applicable laws. 24.1.3 The Licensee shall be and remain solely liable and responsible for the collection of revenue in accordance with this Agreement. On and from the COD and during the Operations Period, the Licensee or its agents or servants shall charge, collect and appropriate the revenues in respect of the Project.
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Project Revenue. On and from the COD and during the Operations Period, the Licensee or its agents or servants shall charge, collect and appropriate the revenues in respect of the Project.
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Project Revenue. Collection and appropriation of revenue by the Licensee 24.1.1 With effect from the COD till the Transfer Date, the Licensee shall have the sole and exclusive right to demand, collect, revise and appropriate revenue from the users in accordance with Good Industry Practice and more particularly in terms set out under this Agreement. 24.1.2 The Licensee shall be free to decide on the sale price for the finished products from the Project subject to applicable laws. 24.1.3 The Licensee shall be and remain solely liable and responsible for the collection of revenue in accordance with this Agreement.
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Project Revenue. As per § 680.106(m) of the Final Nevi Federal Rule, Consultant may use revenue generated from the operation of charging stations for debt service, a reasonable return on investment, and/or costs for operation, maintenance, and site improvement.
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Project Revenue. All net operating revenue of the Project shall be applied 29 toward the Project Debt Service until the Project Debt Service has been fully paid. It is 30 understood that the net operating revenue of the Project is not anticipated to fully pay the 31 Project Debt Service, and the Parties agree that the Town shall pay 51% 50% of any 32 portion of the Project Debt Service that is not covered by the net operating revenue of the 33 Project, and the County shall pay the remaining 49% 50% of any portion of the Project 34 Debt Service that is not covered by the net operating revenue of the Project. “Net
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Project Revenue 
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Related to Project Revenue

  • Gross Revenue The Gross Revenue shall be inclusive of installation charges, late fees, sale proceeds of handsets (or any other terminal equipment etc.), revenue on account of interest, dividend, value added services, supplementary services, access or interconnection charges, roaming charges, revenue from permissible sharing of infrastructure and any other miscellaneous revenue, without any set-off for related item of expense, etc.

  • Gross Revenues All revenues, receipts, and income of any kind derived directly or indirectly by Lessee from or in connection with the Hotel (including rentals or other payments from tenants, lessees, licensees or concessionaires but not including their gross receipts) whether on a cash basis or credit, paid or collected, determined in accordance with generally accepted accounting principles, excluding, however: (i) funds furnished by Lessor, (ii) federal, state and municipal excise, sales, and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes and paid over to federal, state or municipal governments, (iii) the amount of all credits, rebates or refunds to customers, guests or patrons, and all service charges, finance charges, interest and discounts attributable to charge accounts and credit cards, to the extent the same are paid to Lessee by its customers, guests or patrons, or to the extent the same are paid for by Lessee to, or charged to Lessee by, credit card companies, (iv) gratuities or service charges actually paid to employees, (v) proceeds of insurance and condemnation, (vi) proceeds from sales other than sales in the ordinary course of business, (vii) all loan proceeds from financing or refinancings of the Hotel or interests therein or components thereof, (viii) judgments and awards, except any portion thereof arising from normal business operations of the Hotel, and (ix) items constituting “allowances” under the Uniform System.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Project Cost Overruns In the event that the Recipient determines that the moneys granted pursuant to Section II hereof, together with the Local Subdivision Contribution, are insufficient to pay in full the costs of the Project, the Recipient may make a request for supplemental assistance to its District Committee. The Recipient must demonstrate that such funding is necessary for the completion of the Project and the cost overrun was the result of circumstances beyond the Recipient's control, that it could not have been avoided with the exercise of due care, and that such circumstances could not have been anticipated at the time of the Recipient's initial application. Should the District Committee approve such request the action shall be recorded in the District Committee's official meeting minutes and provided to the OPWC Director for the execution of an amendment to this Agreement.

  • Gross Receipts The entire amount of all receipts, determined on a cash basis, from (a) tenant rentals collected pursuant to tenant leases of apartment units, for each month during the term hereof; provided that there shall be excluded from tenant rentals any tenant security deposits (except as provided below); (b) cleaning, tenant security and damage deposits forfeited by tenants in such period; (c) laundry and vending machines income; (d) any and all other receipts from the operation of the Project received and relating to the period in question; (e) proceeds from rental interruption insurance, but not any other insurance proceeds or proceeds from third-party damage claims, and (f) any other sums and charges collected in connection with termination of the tenant leases. Gross Receipts also does not include the proceeds of (i) any sale, exchange, refinancing, condemnation, or other disposition of all or any part of the Project, (ii) any loans to Owner whether or not secured by all or any part of the Project, (iii) any capital expenditures or funds deposited to cover costs of operations made by Owner, and (iv) any insurance policy (other than rental interruption insurance or proceeds from third-party damage claims).