Monthly Expenses definition
Examples of Monthly Expenses in a sentence
Manager shall make disbursements to Owner from the Property Account as and when and in such amounts as may be requested by Owner, provided that there are sufficient funds to meet Monthly Expenses with provision for adequate reserves and working capital, etc.
Each Party will keep, and will cause its Affiliates to keep, books and accounts of record in connection with its obligations under this Agreement (including those necessary for determining the Gross Revenue for each Location) in sufficient detail to permit accurate determination of all figures necessary for verification of Monthly Expenses, Capital Expenses, and Royalty payments to be paid pursuant to this Agreement.
The actual out-of pocket expenses of Consultant will be calculated at the effective date of the termination of this Agreement and the excess of (a) the Monthly Expenses funded through such date (as set forth in the Plan) over (b) such actual expense of Consultant to such date shall be reimbursed by Consultant to the Company promptly following the determination thereof.
Term: 5 years Option: One five year option Base Monthly Rental: Year 1 $ 12,416.00 Year 2 – 5 CPI Adjustment Other Monthly Expenses: (Estimated) Common Area Maintenance (CAM) $ 621.00 Taxes $ 976.00 Insurance $ 177.00 Water Prorata Other TOTAL MONTHLY RENTAL AND OTHER EXPENSES (Est.) $ 14,190.00 Security Deposit: $ 14,190.00 Signage: ALL EXTERIOR SIGNAGE MUST BE APPROVED IN WRITING BY LESSOR PRIOR TO INSTALLATION.
Manager shall make disbursements to Owner from the Property Account as and when and in 19 such amounts as may be requested by Owner, provided that there are sufficient funds to meet Monthly Expenses with provision for 20 adequate reserves and working capital, etc.
Provided that no Event of Default shall occur and be continuing, funds on deposit in the Rent Account shall continue to be transferred to the Borrower Hotel Account during the period commencing on the date of the First Amendment and ending on August 31, 2009 to pay Monthly Expenses for the calendar month of August, 2009 and any such amounts that are not used to pay Monthly Expenses for the calendar month of August, 2009 shall be deposited into the Rent Account on September 1, 2009.
Expense Category In-Direct Expenses Direct Service Expenses Total Monthly Expenses Contract to Date Expenses Personnel: (In- Direct) Personnel: (Direct) In-Direct Funds - All personnel costs for staff that are not involved in Direct Service to youth, individuals and/or families must be clearly identified as “In-Direct” personnel costs.
Manager shall pay all obligations 16 and expenditures necessarily and properly incurred on behalf of the Owner in the management and operation of the Property, including 17 but not limited to insurance premiums, real estate taxes, mortgage payments, supplies, repairs, maintenance, advertising costs and 18 professional fees ("Monthly Expenses").
As consideration for Manager providing Sellers the management services described herein, Sellers agree to pay to Manager a monthly fee (“Management Fee”) equal to the sum of (x) Manager’s costs incurred in providing the management services (including, without limitation, Manager’s own out-of-pocket expenses and any of Sellers’ costs that are borne by Manager pursuant to Section 2(d) above) (“Manager’s Aggregate Monthly Expenses”) plus (y) thirty percent (30%) of Manager’s Aggregate Monthly Expenses.
For the period commencing on the Extension Date and ending on the Extended Termination Date, Tenant shall pay all additional rent payable under the Lease, including Tenant's Monthly Expenses and Taxes Payment in accordance with the terms of the Lease, as amended hereby.