Net Operating Income Definition Example with 5 Variations
This page contains an example definition of Net Operating Income, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Net Operating Income. Shall mean the "Gross Income" generated by the Project less Adjusted Operating Expenses, adjusted to reflect a ninety-five (95%) percent occupancy on a per Mortgaged Property basis for of the Project
Found in
AMERCO contract
Variations
Net Operating Income. Shall shall mean the "Gross Income" generated by the Project less Adjusted Operating Expenses, adjusted down by Holder in its reasonable discretion to reflect a ninety-five (95%) percent occupancy on a per Mortgaged Property basis for of the Project Project.
Net Operating Income. Shall shall mean the "Gross Income" generated by the Project less Adjusted Operating Expenses, adjusted down by Senior Holder in its reasonable discretion to reflect a ninety-five (95%) percent occupancy on a per Mortgaged Property basis for of the Project
Found in
AMERCO contract
Net Operating Income. Shall shall mean the "Gross Income" Gross Income generated by the Project less Adjusted Operating Expenses, adjusted to reflect a ninety-five (95%) percent occupancy on a per Mortgaged Property basis for of the Project
Found in
AMERCO contract
Net Operating Income. Shall shall mean the "Gross Income" generated by the Project Property less Adjusted Operating Expenses, adjusted down by Holder in its reasonable discretion to reflect a ninety-five (95%) percent occupancy on a per Mortgaged Property basis for of the Project Property.
Found in
AMERCO contract
Net Operating Income. Shall shall mean the "Gross Income" generated by the Project Property less Adjusted Operating Expenses, adjusted to reflect a ninety-five (95%) percent occupancy on a per Mortgaged Property basis for of the Project Property
Found in
AMERCO contract
