Examples of Controllable Expenses in a sentence
At a whole of business unit level Controllable Expenses are $0.40 million (0.4%) below forecast.
In other words, Controllable Expenses for the first Expense Year of the initial Lease Term after the Base Year shall not exceed one hundred five percent (105%) of the Controllable Expenses for the Base Year.
It is further understood that Taxes are paid separately by Tenant as set forth in Section 3.3, and are not Controllable Expenses.
At a whole of business unit level Controllable Expenses are $2.46 million (2.4%) below forecast.
This KPI was chosen as an objective measure of the Company’s financial performance.• Controllable Expenses – controllable expenses is a measure of the Company’s maintenance of CAPEX and OPEX within budget.