Controllable Costs definition

Controllable Costs means for any period, all costs and expenses incurred and paid by Jazz other than Pass- Through Costs;

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Controllable Costs means the Capital Costs of constructing Alberta Clipper Canada, excluding the Non-Controllable Costs.

Controllable Costs shall include only the following Operating Expenses:

Examples of Controllable Costs in a sentence

• Notwithstanding the foregoing, ▇▇▇▇▇▇▇▇ agrees that, commencing with the second full calendar year of the Term of this Lease, Tenant will not be required to pay, on account of Landlord’s Controllable Costs (as hereinafter defined) for any calendar year, more than one hundred five percent (105%) of the Landlord’s Controllable Costs for the immediately preceding calendar year.

• For the calendar year 2020, the term "Controllable CAM Cap" shall mean 5% over the annualized Controllable Costs for the calendar year 2019 and thereafter, the term "Controllable CAM Cap" shall mean 5% over the Controllable CAM Cap for the preceding calendar year.

• The term "Controllable Costs" means all Common Expenses except the cost of Real Property Taxes, insurance, wages, salaries and other compensation and benefits paid to Landlord's employees, agents or contractors engaged in the operation, management, maintenance or security of the Project to the extent such wages, salaries and other compensation are for union personnel, utilities, utility surcharges and assessments, refuse removal, and snow removal.

• In no event shall the portion of Tenant's Share of Common Expenses attributable to Controllable Costs exceed the Controllable CAM Cap (as such terms are hereinafter defined).

• The foregoing 5% cap on Tenant’s payments shall be cumulative, such that any amount not paid by Tenant during any year due to the operation of the cap, shall be carried forward to subsequent years and, in any subsequent year in which ▇▇▇▇▇▇▇▇’s Controllable Costs are less than 105% of those of the preceding year, the amount carried forward shall be added and paid by Tenant.

More Definitions of Controllable Costs

Controllable Costs means all Operating Expenses which can increase or decrease at the independent and sole discretion of Landlord, as opposed to increases or decreases which are industry-wide or are caused by third parties or over which Landlord has no independent control. By way of illustration but not limitation, Operating Expenses over which Landlord has no independent and sole discretion include any Operating Expenses paid to a public utility, insurer and taxing authority for utilities, insurance, real property taxes, and costs of operating, maintaining and repairing the Building, Common Areas and Parking Facilities at the level of a Qualified Building (as defined in Paragraph 55) as required by this Lease, as contrasted with the cost of operating, maintaining and repairing the Building, Common Areas and Parking Facilities at a level below that of a Qualified Building. If the parties disagree upon whether a specific Operating Expense is a Controllable Cost, such disagreement shall be submitted to arbitration in accordance with the provisions of the American Arbitration Association. Landlord agrees that approximately every two (2) years Landlord shall rebid the janitorial, security, landscape and parking service contracts for the Building.

Controllable Costs means all Operating Costs other than the costs of Real Estate Taxes, all insurance related costs, all utility and waste collection related costs, costs resulting from acts of God, and all costs incurred in complying with changes in the law that were enacted after the Commencement Date. In addition, the Cap Amount shall exclude increases in Controllable Costs resulting from any increases in governmentally mandated minimum hourly wage rates in effect as of the Date of this Lease.

Controllable Costs means all Basic Costs otherwise allowable under the provisions of the Lease, except those expenses for ad valorem real estate taxes and insurance premiums to the extent such insurance premiums are reasonably competitive. Notwithstanding anything to the contrary contained elsewhere herein, it is expressly agreed that Tenant shall not be required to pay Tenant’s Proportionate Share of Excess Basic Costs attributable to the Base Year.

Controllable Costs means all of Landlord’s Operating Costs for the Operating Year in question minus Uncontrollable Costs.

Controllable Costs means Operating Expenses that Landlord can reasonably control, including, without limitation as trash removal, elevator maintenance and service contracts, and excluding the cost of security systems, taxes, insurance premiums, utilities and snow and ice removal.

Controllable Costs means all Additional Rent except insurance costs, utility costs, and the Tax Cost. Controllable Costs shall not exceed $0.15 per sq. ft. per month for the first twelve (12) months of occupancy.

Controllable Costs means costs incurred by Landlord for landscape, maintenance, janitorial, security and other services provided to the Building or Project by third party service providers.