Controllable Operating Costs definition

Controllable Operating Costs shall be defined as any Operating Costs, expressly excluding: premiums for Landlord’s insurance, snow plowing and removal, permitted capital expenditures, water, sewer, electric, gas, oil, steam and other utility or regulatory charges, security costs, costs of union labor contracts (or contracts tied to union labor rates), and costs of compliance with new laws.

Controllable Operating Costs means all Operating Costs, except for utility costs and charges, insurance premiums, Taxes, the costs of janitorial services and costs of compliance resulting from changes in applicable laws, rules, regulations and ordinances occurring subsequent to the Effective Date of this Lease, as to all of which there shall not be any annual limit on increases.

Controllable Operating Costs means all Direct Costs except Tax Costs, utility charges, insurance costs, trash collection costs, costs of services provided under a union contract, payments under CC&R's or to an owners' association, capital expenditures that are permitted herein, and costs associated with repairs due to casualty.

Examples of Controllable Operating Costs in a sentence

• Graphs 3 and 4 below show the real and nominal values of Controllable Operating Costs per Unit Distributed and per Customer.

• The Controllable Operating Expense Cap is cumulative, and, further, shall be determined on an aggregate basis and not on an individual expense item basis, and, further, shall be applied to the lesser of the prior year’s actual Controllable Operating Costs or the capped amount of such prior year expenses.

• Notwithstanding any provision of this paragraph or any other provision of this Lease: (aa) Operating Costs arising from Landlord’s overhead, management and administration of the Building and the Project shall not exceed three percent (3%) of gross rents for the Building, and shall not include personnel costs above the level of Building Manager; and (bb) in no event shall Tenant be required to pay Controllable Operating Costs in excess of the Controllable Operating Expense Cap.

• Graphs 5 and 6 below show the real and nominal values of Controllable Operating Costs per Unit Distributed and per Customer.

• Like the State in its petition, the court cited to outdated language for subsection ( l).Before proceeding to the merits of the mother’s due process claim, we address the State’s assertion that the issue was not properly developed for appeal.

More Definitions of Controllable Operating Costs

Controllable Operating Costs means wages, salaries and other compensation and benefits paid to Landlord’s non-union employees engaged in the operation, management, maintenance or security of the Project, any management fee paid to any affiliate of Landlord and any rental paid for any management office of the Project.

Controllable Operating Costs means all Operating Costs other than costs related to Taxes (as defined below) insurance, collectively bargained union wages, electricity and other utilities (herein, “Non-Controllable Operating Costs”). There shall be no cap on Non-Controllable Operating Costs. Assume, for example, Controllable Operating Cost Share Rent for the first fiscal year of $100.00. In the second fiscal year, Controllable Operating Cost Share Rent would be the lesser of (i) Tenant’s Proportionate Share of Controllable Operating Costs for the second fiscal year, or (ii) $104.00 ($100.00 plus 4%, which would be the Cap Amount). In the third year, Controllable Operating Cost Share Rent would be the lesser of (i) Tenant’s Proportionate Share of Controllable Operating Costs for the third fiscal year, or (ii) $108.16 ($104.00 plus 4%, which becomes the Cap Amount for the following year).

Controllable Operating Costs means all Operating Costs other than taxes, utilities, insurance, and any other cost or expense beyond Landlord’s reasonable control.

Controllable Operating Costs means all Operating Costs other than costs related to utilities, Taxes, insurance, weather, Tenant's operations in the Building after Business Hours and wear and tear on the Building due to such after-hours use (herein, collectively, "Non-Controllable Operating Costs").

Controllable Operating Costs means all Operating Costs except (i) wages and salaries included in Operating Costs to the extent of increases in minimum wage required by federal or state law or to the extent of increases required by a collective bargaining agreement, (ii) the cost of utilities, (iii) the cost of insurance, (iv) taxes and assessments and governmental charges, and (v) to the extent properly included in the Operating Costs, the cost of any capital improvements as required under this Lease.

Controllable Operating Costs means all Operating Costs other than Taxes, insurance premiums, Association assessments, security, if any, contracted for by Landlord, utilities and trash removal.

Controllable Operating Costs means the actual Operating Costs except for removal of snow and ice, electricity and other utilities, water and sewage charges, insurance premiums, and real estate taxes and assessments. If the average occupancy rate for the Building during any calendar year, including the Base Year, is less than ninety-five percent (95%), then annual Operating Costs for such calendar year shall be deemed to include all additional expenses, as reasonably estimated by Landlord, that would have been incurred during such calendar year if such average occupancy rate had been ninety-five percent (95%). For any item of work or service that would constitute an item of Basic Cost but that Landlord does not provide to any particular tenant, either because (i) such item or work or service is not desired or required by such tenant, or (ii) such tenant obtains or provides such item of work or service at its own expense, then, in either case, an adjustment shall be made in computing Operating Costs equal to the amount that would have been reasonably incurred by Landlord had Landlord provided such item of work or service for such particular tenant.