Basic Operating Costs definition

Basic Operating Costs shall have the meaning given to such term in Section 6.
Basic Operating Costs means all direct and, to the extent provided in Section 6(e)(1), indirect costs and expenses incurred in each calendar year of operating, maintaining, repairing, managing and, to the extent specifically provided below, owning the Complex, including, without limitation, the following:
Basic Operating Costs means all commercially reasonable and customary expenses and costs of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the management, maintenance, preservation and operation of the Building and the Project (determined in accordance with generally accepted accounting principles, consistently applied) including but not limited to the following:

Examples of Basic Operating Costs in a sentence

  • In addition to the Base Rent required to be paid hereunder, Tenant shall pay as Additional Rent, Basic Operating Costs in the manner set forth below.

  • Such insurance shall be maintained at the expense of Landlord (as a part of the Basic Operating Costs), and payments for losses thereunder shall be made solely to Landlord or the mortgagees of Landlord as their interests shall appear.

  • Additionally, CTAP has facilitated 315 hires through direct referrals between employment candidates and employers.

  • Repairs and maintenance by Landlord pursuant to this Section 12 are included in Basic Operating Costs, except to the extent excluded by Section 6(e).

  • Basic Operating Costs shall not include specific costs incurred for the account of, separately billed to and paid by specific tenants.


More Definitions of Basic Operating Costs

Basic Operating Costs shall have the meaning given in Section 3.5.
Basic Operating Costs means the building operating costs for the calendar year 1998. Landlord shall determine the basic operating costs and ----- shall notify Tenant in writing of the amount thereof. Tenant's percentage share of the increasing costs shall be determined by dividing the total number of square feet then currently leased by Tenant by the total gross leasable square feet of the buildings comprising of approximately 61,693 square feet. -------------------
Basic Operating Costs means the operating expenses of the Building and all expenditures by Landlord reasonably necessary to maintain the Building, parking, and related facilities, and such additional facilities in subsequent years as may be reasonably determined by Landlord to be necessary in accordance with sound and reasonable practices for facilities of a like kind and character. All operating expenses shall be determined on an accrual basis in accordance with generally accepted accounting principles which shall be consistently applied. Such operating expenses shall include all expenses, costs and disbursements of every kind and character which Landlord shall pay or become obligated to pay because of or in connection with the ownership, operation, and maintenance of the Building (unless otherwise excluded herein), including, but not limited to, the following:
Basic Operating Costs means all costs and expenses incurred in each calendar year of operating, maintaining, repairing, managing and owning Landlord’s Premises, including, without limitation, the following:
Basic Operating Costs. MEANS ALL DIRECT AND, TO THE EXTENT PROVIDED IN SECTION 6(d)(1), INDIRECT COSTS AND EXPENSES INCURRED IN EACH CALENDAR YEAR OF OPERATING, MAINTAINING, REPAIRING, MANAGING AND, TO THE EXTENT SPECIFICALLY PROVIDED BELOW, OWNING THE COMPLEX, INCLUDING, WITHOUT LIMITATION, THE FOLLOWING:
Basic Operating Costs means all reasonable costs and expenses incurred in each calendar year for operating, maintaining, repairing, managing the Building save and except those costs and expenses which Landlord is to be reimbursed by tenants of the Building. Basic Operating Costs include, but are not limited to, the following:
Basic Operating Costs means the operating expenses of the Facility and all expenditures by Landlord to maintain the Facility, including, without limitation, parking and related facilities and such additional facilities in subsequent years as may be determined by Landlord to be necessary in accordance with sound and reasonable practices for facilities of like kind and character, together with a management fee of four percent (4%) of such costs. All operating expenses shall be determined on an accrual basis in accordance with generally accepted accounting principles which shall be consistently applied. Such operating expenses shall include all expenses, costs, and disbursements of every kind and nature which Landlord shall pay, or become ultimately to pay, in connection with the ownership, operation and maintenance of the Facility.