Extraordinary Expense shall have the meaning set forth in Section 5.1.11(e) hereof.

Extraordinary Expense means an extraordinary operating expense or capital expense not set forth in the Approved Annual Budget or allotted for in the Recurring Replacement Reserve Sub-Account.

Extraordinary Expense means an operating expense or capital expenditure with respect to the Property that (i) is not set forth on the Annual Budget and (ii) is not subject to payment by withdrawals from the Replacement Reserve. Borrower shall deliver promptly to Lender a reasonably detailed explanation of such proposed Extraordinary Expense for the approval of Lender (such approval not to be unreasonably withheld or delayed).

Examples of Extraordinary Expense in a sentence

Without creating a default or an Event of Default hereunder, the Authority may contest in good faith the necessity for any Extraordinary Service or Extraordinary Expense and the reasonableness of any fee, charge or expense.
The two budgeted line items will be known as Start-up (SU) and Extraordinary Expense (EE).
Without creating a default or an Event of Default, however, the City may contest in good faith the necessity for any Extraordinary Service and Extraordinary Expense and the reasonableness of any fee, charge or expense.
The Extraordinary Expense Fund is expected to be used to pay fees and expenses incurred by the City in complying with tax and securities laws related to the Bonds, and therefore, amounts held therein are not pledged or committed in a manner that provides a reasonable assurance that such funds would be available for payment of the principal of or interest on the Bonds if the City encounters financial difficulty.
Settlement Class Members can claim (i) up to $150 for Ordinary Expense Reimbursements (Question 8, below); (ii) Lost Time of up to 3.5 hours (Question 8, below); (iii) up to $5,000 in Extraordinary Expense Reimbursements (Question 8, below).

More Definitions of Extraordinary Expense

Extraordinary Expense has the meaning set forth in Section 6.6.4.

Extraordinary Expense means an extraordinary operating expense or extraordinary capital expenditure not set forth in the Annual Budget.

Extraordinary Expense. As defined in the Indenture.

Extraordinary Expense means, with respect to any Fiscal Year, any operating expense in excess of $250,000 or capital expenditure in excess of $250,000 that was not set forth in the Approved Annual Budget for such Fiscal Year.

Extraordinary Expense means (a) a material extraordinary operating expense or capital expense not set forth in the Approved Annual Budget or allotted for in the Recurring Replacement Reserve Sub-Account and (b) the excess of Operating Expenses over those set forth in the Approved Annual Budget for Interest Accrual Periods prior to the Interest Accrual Period in which such determination is being made resulting from revenues which have increased over those set forth in the Approved Annual Budget for which, with respect to items set forth in this clause (b) no Lender approval is required.

Extraordinary Expense means an expense over $500 for any particular service

Extraordinary Expense shall have the meaning set forth in the Mortgage Loan Agreement.