Current operating expenses definition

Current operating expenses or "current expenses" means the lawful expenditures of a subdivision, except those for permanent improvements and for payments of debt charges of the subdivision.
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Current operating expenses or "current expenses" means 79
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Current operating expenses means operating expenses incurred with respect to 1996 or any subsequent calendar year (hereinafter referred to as the "Current Year");
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Examples of Current operating expenses in a sentence

  • Current operating expenses reflected on the Net Asset Statement pursuant to Section 2.b hereof and current operating expenses incurred in the ordinary course of business in connection with operating the Target Offices from and after December 1, 1999, including accrued payroll and payroll taxes, telecommunication costs, and lease payments for the Target Office in Pittsburgh, Pennsylvania.

  • The Mission of the Agency is: The purpose of this fund is to: Provide general support for the Agency Provide support for the following programs or projects of the Agency: Current operating expenses Operating shortfall Capital expansion Capital improvements Building maintenance Other: All contributions to the fund represent an irrevocable gift to the Foundation, are not refundable, and are under the exclusive legal control of the Foundation.

  • Current operating expenses for the Property are estimated to be approximately $4.50 per rentable square foot per annum, excluding Tenant’s utilities and janitorial expenses.

  • Current operating expenses reflected on the Net Asset Statement pursuant to Section 2.b hereof and current operating expenses incurred in the ordinary course of business in connection with operating the Target Office from and after December 1, 1999, including accrued payroll and payroll taxes, telecommunication costs, and lease payments for the Target Office.

  • The Mission of the Agency is: The purpose of this fund is to: Provide general support for the Agency Provide support for the following programs or projects of the Agency: Current operating expenses Operating shortfall Capital expansion Capital improvements Building maintenance Other: Please indicate the amount of the initial contribution and how it is being paid.


More Definitions of Current operating expenses

Current operating expenses for a given calendar year shall mean the amount of Operating Expenses (as defined below) for that calendar year divided by the greater of (i) ninety-five percent (95%) of the number of square feet of Rentable Floor Area of the Building, or (ii) the total number of square feet of Rentable Floor Area occupied in the Building for that calendar year on an average annualized basis; provided, however, if the amount is calculated under (i) above, the Operating Expenses actually incurred with respect to that calendar year shall be adjusted to reflect the amount of Operating Expenses which would have been incurred if the Building were ninety-five percent (95%) occupied throughout that calendar year.
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Current operating expenses with respect to each of Sky Brasil and DTV Brasil, its current operating expenses (including without limitation amounts payable as of the Signing Date under Sky Brasil Programming Agreements or DTV Brasil Programming Agreements, as applicable) that are paid consistent with past practice in the ordinary course, but no more than 90 days after the date payment is first due. ▇▇▇▇▇▇▇: ▇▇▇▇▇▇▇ Investments, LLC, a Cayman Islands limited liability company.
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Current operating expenses or "current expenses" means 76
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Current operating expenses or "current expenses" means 96
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Related to Current operating expenses

  • Gross Operating Expenses shall include (i) all costs and expenses of operating the Hotel included within the meaning of the term “Total Costs and Expenses” contained in the Uniform System and, (ii) without duplication, the following: all salaries and employee expense and payroll taxes (including salaries, wages, bonuses and other compensation of all employees of the Hotel, and benefits including life, medical and disability insurance and retirement benefits), expenditures described in Section 9.1, operational supplies, utilities, insurance to be provided by Lessee under the terms of this Lease, governmental fees and assessments, common area maintenance costs and other common area fees and assessments, food, beverages, laundry service expense, the cost of Inventories, license fees, advertising, marketing, reservation systems and any and all other operating expenses as are reasonably necessary for the proper and efficient operation of the Hotel and the Leased Property incurred by Lessee in accordance with the provisions hereof (excluding, however, (i) federal, state and municipal excise, sales and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes paid over to federal, state or municipal governments, (ii) the cost of insurance to be provided under Article 13, (iii) expenditures by Lessor pursuant to Article 13 and (iv) payments on any Mortgage or other mortgage or security instrument on the Hotel); all determined in accordance with generally accepted accounting principles. No part of Lessee’s central office overhead or general or administrative expense (as opposed to that of the Hotel), and no operating expenses paid or payable by tenants under Space Leases, shall be deemed to be a part of Gross Operating Expenses, as herein provided. Reasonable out-of-pocket expenses of Lessee incurred for the account of or in connection with the Hotel operations, including but not limited to postage, telephone charges and reasonable travel expenses of employees, officers and other representatives and consultants of Lessee and its Affiliates, shall be deemed to be a part of Gross Operating Expenses and such Persons shall be afforded reasonable accommodations, food, beverages, laundry, valet and other such services by and at the Hotel without charge to such Persons or Lessee.

  • Base Operating Expenses means the Operating Expenses for the Base Year.

  • Common Area Operating Expenses are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Industrial Center, including, but not limited to, the following: (i) The operation, repair and maintenance, in neat, clean, good order and condition, of the following:

  • Approved Operating Expenses means for each Budget Year during the Term the following operating expenses reasonably and actually incurred from the operation and maintenance of Property to the extent that such operating expenses are consistent with the Annual Budget and the Annual Audited Financial Statements:

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.