Facilities Management Fee definition

Facilities Management Fee means the annual costs and expenses (including depreciation of capital expenditures, amortized on a straight line basis over a period equal to the useful life of such improvements as determined by Landlord in accordance with its customary accounting principles consistently applied) incurred by Landlord in connection with the ownership, operation, maintenance, and repair of the Building, including the areas of the Premises that Landlord is responsible to repair and maintain, and the Common Areas, as determined by Landlord in accordance with its customary accounting principles consistently applied, such costs including, without limitation, all costs related to:
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Related to Facilities Management Fee

  • Base Management Fee means the base management fee, calculated quarterly in arrears, in an aggregate amount equal to the sum of (i) 25% per Quarter of the Fee Amount, plus (ii) 0.3125% of the Total Capitalization Value Increase for the preceding Quarter;

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Collateral Management Fee The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.

  • Risk Management Fee means a value expressed in percentage per year, which forms the risk premium for the Issuer. The Initial Risk Management Fee for the First Trade Date is specified in § 1 of the Product and Underlying Data. The Calculation Agent adjusts the Risk Management Fee on each Adjustment Date acting in accordance with relevant market practice and in good faith to the current market circumstances so that the ratio of the Risk Management Fee to the relevant market parameters (especially volatility of the Underlying, liquidity of the Underlying, hedging costs and lending costs (if any)) remains substantially unchanged. The adjusted Risk Management Fee is valid during the period of the respective Adjustment Date (excluding) to the immediately following Adjustment Date (including). The Calculation Agent shall after its specification notify the valid Risk Management Fee in each case pursuant to § 6 of the General Conditions.