Annual Operating Statement definition

Annual Operating Statement shall have the meaning set forth in Section 4.0l.B.
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Annual Operating Statement shall have the meaning set forth in Section 9.01.
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Annual Operating Statement has the meaning ascribed to such term in Section 4.01.B.
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Examples of Annual Operating Statement in a sentence

  • If Owner does not make such an audit, then such Annual Operating Statement shall be deemed to be conclusively accepted by Owner as being correct, except in the event of manifest error or fraud, misrepresentation, misconduct or negligence by Manager or its agents, employees, representatives or contractors or other third parties.

  • Additional adjustments to all payments will be made on an annual basis based upon the Aggregate Annual Operating Statement for the Year and any audit conducted pursuant to Section 4.02 of the Management Agreements.

  • If Owner desires to audit, examine or review the Annual Operating Statement, Owner shall notify Manager in writing within sixty (60) days after receipt of such Annual Operating Statement of its intention to audit and begin such audit no sooner than ten (10) days after Manager’s receipt of such notice.

  • If Owner does not make such an audit, then such Annual Operating Statement shall be deemed to be conclusively accepted by Owner as being correct, and Owner shall have no right thereafter, except in the event of fraud by Manager, to question or examine the same.

  • If Owner raises no objections within thirty (30) days after receipt of the Annual Operating Statement, the Annual Operating Statement shall be deemed to have been accepted by Owner.


More Definitions of Annual Operating Statement

Annual Operating Statement has the meaning set forth in Section 8.2(D).
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Annual Operating Statement shall have the meaning given such term in Section 17.2(c).
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Annual Operating Statement has the meaning ascribed to such term in Section 4.01.B. “Arbitration Award” has the meaning ascribed to such term in Section 11.17.
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Annual Operating Statement means a statement in reasonable detail setting forth the Operating Payment for such Operating Year, based on the actual Operating Expenses incurred for such Operating Year.
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Annual Operating Statement shall have the meaning ascribed to such term in Section 4.01.C. “Apartments” shall have the meaning ascribed to such term in the Condominium Declaration.
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Annual Operating Statement shall have the meaning set forth in Section 9.01. Base Management Fee shall have the meaning set forth in Section 6.01 A.
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Annual Operating Statement as defined in Section 3.06(h). “Applicable In-Water Area” as defined in Section 2.05(a). “Approved NFP Occupant” as defined in Section 12.14.
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