G&A Expense definition
Examples of G&A Expense in a sentence
Beginning in the second Forecasted Year and all Forecasted Years thereafter in the COS Calculation, the Escalation Factor will be applied to the following inputs in the forecasted data: Compression Expense, Fixed O&M, Variable O&M, G&A Expense, Taxes, and Capital Expenditures.
In no event will the adjustment result in a decrease of the Compression Fee or G&A Expense from the last effective amount.
In each COS Calculation, for the first Forecasted Year, the Compression Expense, Fixed O&M, Variable O&M, G&A Expense, and Taxes shall be adjusted upward or downward in proportion to the Inflation Factor.
On or before the Effective Date of the Plan, ESI will assume and assign the G&A Expense Reimbursement Agreement, dated as of May 11, 2004, between Extended Stay, Inc.
In the event that the Partnership Group makes any acquisitions of assets or businesses or the business of the Partnership Group otherwise expands during the first three years following the date of this Agreement, then the G&A Expenses Limit shall be appropriately increased in order to account for adjustments in the nature and extent of the general and administrative services by DEFS to the Partnership Group, with any such increase in the G&A Expense Limit subject to the approval of the Conflicts Committee.
The Restricted Persons will not permit their monthly aggregate general and administrative expenses to exceed the Permitted G&A Expense Amount.
Exhibit E (Methodology for Determining Allocated G&A Expense) attached to the Fifth Amendment is hereby made Exhibit E to the Credit Agreement for all purposes.
In the event that Owner makes any acquisitions of assets or businesses or the business of Owner otherwise expands following the date of this Agreement, then the G&A Expenses Limit shall be appropriately increased by amending Schedule A to this Agreement in order to account for adjustments in the nature and extent of the general and administrative services by Service Provider to Owner, with any such increase in the G&A Expense Limit subject to the approval of the Conflicts Committee.
Notwithstanding anything to the contrary contained herein (or in any other agreement between the Advisor or its Affiliates and the Company or the Company’s affiliates), the total of all G&A Expenses payable in connection with the Advisor’s services under this Agreement shall be comparable to the respective market rates and, in any event, shall not exceed, in any fiscal year of the Company, the Advisor G&A Expense Limit.
Amounts on deposit in the Corporate G&A Expense Reserve Account are referred to as the “Approved Corporate Expense Reserve Funds”.