EXCESS FF&E definition
EXCESS FF&E shall have the meaning given such term in paragraph (b) of Schedule 22.2. -------------
EXCESS FF&E means furniture, fixtures or equipment that any Tenant or Other Tenant is required to lease from a Person other than a Landlord or the landlord under an Other Lease, as the case may be, and receives a rental credit in respect of such lease, pursuant to the terms of any Lease or Other Lease.
EXCESS FF&E shall have the meaning set forth in SECTION 11.2. 1.31 "EXCESS OWNER RETURN" shall have the meaning set forth in SECTION 6.1. 1.32 "EXPENSES" shall mean any and all expenses paid or incurred by Operator in connection with the operation of the Hotel which may be included in determining Net Income, as determined in accordance with the Uniform System of Accounts on the accrual basis in accordance with generally accepted accounting principles consistently applied, except that Expenses shall not include: income taxes, depreciation and amortization, or interest expenses. Without limiting the generality of the foregoing, Expenses shall include the following: (a) the Base Management Fee, (b) the Marketing and Licensing Fee, (c) out-of-pocket expenses incurred specifically for, on account of or in connection with the operation of the Hotel, including reasonable travel expenses of employees and executives of any of the Sonesta Group, consistent
More Definitions of EXCESS FF&E
EXCESS FF&E means any FF&E acquired by Debtor in its own name for use in connection with the Facilites.