System Revenues Clause Samples

The 'System Revenues' clause defines what constitutes revenue generated by a particular system, project, or technology under the agreement. It typically outlines the sources of income included, such as sales, licensing fees, or service charges, and may specify how these revenues are calculated or reported. This clause is essential for determining financial entitlements, such as royalty payments or profit-sharing, and ensures all parties have a clear and consistent understanding of what income is subject to contractual obligations.
System Revenues. Revenues generated directly from the --------------- operation of the System during the three (3) month period concluding with the last day of the last calendar month prior to the month during which the Closing occurs shall have been not less than Six Hundred Twelve Thousand Five Hundred Dollars ($612,500.00).
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System Revenues. Each of Motivate and the City acknowledges and agrees that, with the exception of Other Sponsorship Funds (which belong 100% to Motivate), all Title Sponsorship Funds, Secondary Sponsorship Funds, Subscriber Fees and Usage Fees generated within, or arising out of the System are Public Funds and shall be accurately reported to the other Party as System Revenues in accordance with the reporting requirements set forth herein.
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System Revenues. Operator and the City acknowledge and agree that, beginning on the Effective Date, Operator shall retain all Subscriber Fees and Usage Fees, including any Deferred Revenue (for which Operator may invoice the City on the Effective Date). Operator shall accurately report all Subscriber Fees and Usage Fees generated within or arising out of the System in accordance with the reporting requirements set forth herein. Operator may also invoice the City on a monthly basis for fifty percent (50%) of the cost of membership, ride, and other fees agreed upon by the parties generated by users under the new System that are solely composed of outstanding credits from user purchases for the system operated under the Original Program Agreement.
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Related to System Revenues

  • 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.

  • 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 Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

  • 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).

  • Revenue Metering The Connecting Transmission Owner’s revenue metering will be located on the generator side of the 115kV breaker at the ▇▇▇▇▇ Solar Collector Substation and will consist of: • three (3) combination current/voltage transformer (“CT/VT”) units (manufacturer and model ABB/▇▇▇▇▇▇▇ KXM-550, GE Grid Solutions KOTEF ▇▇▇.▇▇, or other equivalent specified by Connecting Transmission Owner); and • one (1) revenue meter. The ratios of the CTs and VTs will be provided by Connecting Transmission Owner upon its review of the Interconnection Customer’s design documents. (Note: Connecting Transmission Owner’s revenue metering CTs and VTs cannot be used to feed the Interconnection Customer’s check meter.) SERVICE AGREEMENT NO. 2556