Management Expenses definition

Management Expenses means the costs, charges and expenses necessarily and reasonably incurred or to be incurred for the management and maintenance of the Land and the Building and the Common Areas and Facilities therein to be borne by the Owners including the remuneration of the Manager as provided in this Deed;

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Management Expenses means expenses incurred in the administration of an insurer which are not commission payable and, in the case of general insurance business, are not incurred in claims paid, claims outstanding, expenses for settling claims and expenses for settling claims outstanding;

Management Expenses means expenses, costs and charges necessarily and reasonably incurred in the management of the Development provided in this Deed which, except for the purpose of Clause 4.3 of Section IV of this Deed, shall include the Manager’s Remuneration;

Examples of Management Expenses in a sentence

• The minimum limits of liability shall be: Each Occurrence $5,000,000 Annual Aggregate $5,000,000 Event Management Expenses $5,000,000 Such Cyber Liability coverage must be provided on an Occurrence Form or, if on a Claims Made Form, the retroactive date must be no later than the first date of services provided.

• The parties have agreed to enter into this Deed to define the rights and obligations of the Owners, regulate the management of the Land and apportion the Management Expenses.

• Public Relations and Crisis Management Expenses must be incurred no later than twelve (12) months following the reporting of such Claim or breach event to the Underwriters and, with respect to clauses 1.

• For the avoidance of doubt, the Manager shall not use the Special Fund or any part or parts thereof for the payment of any outstanding Management Expenses arising from or in connection with the day-to-day management of the Building.

• Every Owner shall promptly pay and discharge all existing and future Government rent, taxes, rates, assessments and other outgoings payable in respect of his Unit and make contributions towards the Management Expenses as provided in this Deed and every Owner shall indemnify the other Owners and the Manager against all liability therefor.

More Definitions of Management Expenses

Management Expenses means the Management Expenses more particularly described in Clause 10.1;

Management Expenses means collectively the Estate Management Expenses, the Residential Management Expenses and (upon execution of a Sub-Deed in respect of the Commercial Development) the Commercial Management Expenses.

Management Expenses means the management fee payable by an Oil Major Company to the Issuer pursuant to the relevant Energy Purchase Agreement;

Management Expenses. All expenses, costs and charges necessarily and reasonably incurred in the management of the Lot and the Development or any portion thereof in accordance with the terms of this Deed.

Management Expenses. The costs, charges and expenses necessarily and reasonably incurred in the management and maintenance of the Land and the Estate as more particularly provided in Clause 6.4.1 hereof.

Management Expenses means the aggregate out-of-pocket property management expenses in connection with the Building, which shall be settled by the management fees (as referred to in Clauses 4.7(a)(iv) and 4.7(b)) (other than, for the avoidance of doubt, Capital Expenditure which shall be dealt with in accordance with the provisions in Clause 4.6). For the avoidance of doubt, this shall include only the costs of building management site staff for daily operation in the Building, insurance costs (other than Property Insurance (as defined in Clause 4.7(a)(ii))), other out-of- pocket repair and maintenance costs exclusively for the Building, but shall exclude any expenses or fees incurred by KWHK in any sub-contracting or delegating arrangement for any of the services specified in this Agreement.

Management Expenses means a Segregated Fund’s management fees, operating and other administration expenses, including those of any Secondary Fund, and all taxes other than income taxes but excluding Trading Expenses. Management fees are net of any fees or expenses waived.