Amortized Costs definition

Amortized Costs means all reasonable costs to Tenant of subleasing the Premises, including without limitation, all reasonable attorneys’ fees, any free rent or other economic inducements that are customarily given in the leasing market that includes the Premises, reasonable brokerage commissions, the cost of reasonable improvements made to the Premises for the benefit of such subtenant, and reasonable marketing costs, all as actually paid by Tenant in connection with the proposed sublease, which reasonable costs shall be amortized on a monthly straight line basis over the agreed upon term of the proposed sublease, and the monthly amortized amount of such reasonable costs shall constitute the “Amortized Costs” for purposes of determining the amount to be paid to Landlord under the Section.
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Amortized Costs means that part of the Base Charges attributable to all Charges for Transition Services, as amortized over the first *** Contract Years of the Initial Term, as such are set forth in Section 8.1 of the SOW.
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Examples of Amortized Costs in a sentence

  • Together with Tenant’s notice and/or request for Landlord’s consent to such assignment or sublet, Tenant shall deliver to Landlord a schedule of anticipated Profits and a schedule of anticipated Amortized Costs.

  • In such event, the amount of the Potentially Amortized Costs shall not be deducted from the amounts payable by Tenant under Section 2.03 of the Work Letter.

  • Thereafter, during any extension or renewal of the Lease Term, the cost of these items are to be amortized over their useful life, and only the annual amortized portion of these costs shall be "Annual Amortized Costs" passed through as an Annual Operating Expense.

  • In such event, the amount of the Potentially Amortized Costs shall not be added to the Tenant Improvement Allowance.

  • Subject to the Minimal Allocation Rule, in the case of Indirect Costs, Amortized Costs, or Depreciated Costs, an Allocation may be used to divide such Indirect Costs, Amortized Costs, or Depreciated Costs among more than one Expense Category.

  • If Tenant exercises its right to terminate this Lease, upon delivery of Tenant's notice to terminate, Tenant shall pay to Landlord one hundred forty-four thousand nine hundred dollars ($144,900) as a termination fee and any unamortized Amortized Costs (as defined in paragraph 52(g)).

  • New Monthly Base Rental Rate = $150,000 month divided by 47,158 = $3.18 per month; New Monthly Amortized Costs = $100,000 divided by 60 divided by 47,158 per month = $0.35 per month.

  • The "Amortized Costs" shall be equal to the sum of the following costs payable or incurred by Landlord in connection with any new 795203.05/WLA ▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ 377397-00003/4-3-19/mjh/ejw GoPro, Inc.

  • If Tenant elects not to have the Potentially Amortized Costs amortized as set forth in this Paragraph 32, or fails to provide notice of its election within such five (5) Business Day period, Tenant shall be deemed to have waived its right to have such Potentially Amortized Costs amortized as set forth in this Paragraph 32.

  • Together with Tenant's notice and/or request for Landlord's consent to such assignment or sublet, Tenant shall deliver to Landlord a schedule of anticipated Profits and a schedule of anticipated Amortized Costs.

Related to Amortized Costs

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Maintenance Charges means the proportionate amount of Common Expenses payable monthly by the Allottee to the Maintenance Agency;

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.