Base Costs means costs other than the amount of any additional liability.
Base Costs means all capital and operating costs associated with Developing, delivering, and owning the project and related services over a pre-determined period of time.
Examples of Base Costs in a sentence
The Contractor's compensation will be a maximum mark-up of five percent (5%) of the Subcontractors Base Costs for his overhead and profit.
Base Cost is defined as the total of labor, material and equipment rentals as described in subparagraphs 12.4.3.1, 12.4.3.2 and 12.4.3.3. The actual net cost in money to the Owner for the change in the Work shall be computed as follows: .1 If the Contractor performs the change in the Work without use of Subcontractors or sub- subcontractors, his compensation will be the Base Costs as described above, plus a maximum mark-up of 15% for overhead and profit.
The Contractor’s compensation will be a mark-up of ten percent (10%) of the Sub-subcontractor Base Costs.
If the Base Costs exceed $10,000, his compensation shall be the Base Cost, plus a mark-up of 20% on Base Costs less than or equal to $10,000, and a mark-up of 15% on Base Costs above $10,000.
Subcontractor overhead and profit: If the work is performed by a Subcontractor, his compensation shall be the Base Costs as described above plus a mark-up as described in Paragraph 5.a. above for overhead and profit.
More Definitions of Base Costs
Base Costs means the costs of the Staffing Requirements as agreed to by the Manager and CDS on no less than an annual basis which, for the initial purposes hereof, shall be the lesser of (i) all estimated employment expenses related to personnel employed by the Manager for Real Estate Assets in accordance with the Annual Business Plan and Budget, including salaries, wages, payroll taxes and the costs of employee benefit plans, or (ii) the actual employment expenses related to personnel employed by the Manager that are dedicated to providing services to CDS Entities hereunder; provided, that, Base Costs shall not include (i) the personnel or other expenses of CHCI’s homebuilding division or any of its Affiliates (other than Manager) (ii) the personnel or other expenses of CHCI’s services division or any of its Affiliates (other than Manager) including CDS Capital Management, L.C., or (iii) any interest, dividend or principal obligations of CHCI and its Affiliates as of the Effective Date, unless expressly set forth in the Annual Business Plan and Budget approved by the Manager and CDS..
Base Costs means Tenant's Share of Capped Operating Expenses for calendar year 2008, as determined pursuant to final reconciliation of actual Capped Operating Expenses for such calendar year; and "Cap Amount" means, for any calendar year, the maximum amount required to be paid by Tenant as Tenant's Share of Capped Operating Expenses pursuant to the provisions of Section 4.2(c) of this Lease. If the Base Rent Commencement Date shall occur in calendar year 2008 on a date that is other than January 1, 2008, then and in such event, and for purposes of Section 4.2(c) of this Lease, "Base Costs" shall mean Tenant's Share of Capped Operating Expenses for calendar year 2008, determined as aforesaid, assuming the Base Rent Commencement Date had occurred on January 1, 2008. For calendar year 2009, Tenant shall not be required to pay that portion, if any, of the actual Tenant's Share of Capped Operating Expenses for such calendar year which exceeds 105.00% of the Base Costs amount (105.00% of the Base Costs amount being the Cap Amount applicable for the calendar year 2009). For each calendar year subsequent to the calendar year 2009, Tenant shall not be required to pay that portion, if any, of the actual Tenant's Share of Capped Operating Expenses for such calendar year which exceeds 105.00% of the Cap Amount applicable for the immediately preceding calendar year. Notwithstanding the foregoing, to the extent the actual Tenant's Share of Capped Operating Expenses for any calendar year exceeds the Cap Amount applicable for such calendar year (an "Excess"), such Excess shall be recoverable by Landlord from Tenant to the extent the actual Tenant's Share of Capped Operating Expenses for any one or more calendar years is less than the Cap Amount applicable for any such one or more calendar years. The amount of any Excess recoverable by Landlord pursuant to Section 4.2(c) of this Lease shall be payable to Landlord within 30 days following determination from time to time, based on final reconciliation of actual Capped Operating Costs for any calendar year, that Landlord is entitled to recovery of any portion of such Excess.
Base Costs means costs other than the amount of any additional liability (CPD, para 2.2).
Base Costs means Tenant’s Percentage of Operating Expenses and Taxes, respectively, incurred and paid by Landlord during calendar year 2016 (the “Base Year”).
Base Costs means the amount of Direct Costs incurred by Landlord in the calendar year 2015. Tenant shall pay, as Additional Rent, Tenant’s Proportionate Share of any increase in Direct Costs in any subsequent year which exceeds Base Costs.
Base Costs for any period shall mean the sum of (i) Unit costs and expenses, other than the costs of abandoning Unit Xxxxx and Unit Facilities, anticipated to be incurred for such period that would be allocated as “charges” for purposes of either Section 4(a)(2) of the Contractors’ Agreement or Section 4(a)(2) of the Tract No. 2 Agreement if the Program were not implemented, as calculated in the manner described in Exhibit B attached hereto, and (ii) any Unit costs or expenses actually incurred during such period by reason of extraordinary events that materially impact Unit operations, including but not limited to (by way of example) a significant change in land use for a non-Unit development project such as an amusement park, an act of God such as a major earthquake, an extraordinary and material expense such as the replacement of all or most of the Unit pipelines, or an extraordinary and material change in environmental or land use regulation, which costs or expenses are allocated as “charges” for purposes of either Section 4(a)(2) of the Contractors’ Agreement or Section 4(a)(2) of the Tract No. 2 Agreement, but only to the extent such costs or expenses would have been incurred if the Program had not been implemented.