Common use of Operating Budgets Clause in Contracts

Operating Budgets. An operating budget for the Property, not including capital expenditures, for the year immediately preceding the current year.

Appears in 11 contracts

Sources: Purchase and Sale Agreement (Midlantic Office Trust, Inc.), Purchase and Sale Agreement (Midlantic Office Trust, Inc.), Purchase and Sale Agreement (Midlantic Office Trust, Inc.)

Operating Budgets. An operating budget for the Property, not including projected capital expenditures, for the current year and immediately preceding the current year.

Appears in 1 contract

Sources: Purchase and Sale Contract (Behringer Harvard Short Term Opportunity Fund I Lp)