Operating Expense Fund definition

Operating Expense Fund means the Fund so designated and established by Article V hereof.

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Operating Expense Fund means the fund by that name established pursuant to Section 502(a).

Operating Expense Fund means the fund of that name established by Article V hereof.

Examples of Operating Expense Fund in a sentence

In connection with its management and administration of the Premises, in the event that Tenant receives any fees, donations, or funds of any kind other than use fees collected pursuant to Section 5.4 hereof, such funds shall be deposited into the Operating Expense Fund, or into a restricted account approved by County, if the funds are restricted to a specific use or if otherwise deemed appropriate by County in its sole discretion.
Upon a sale or other disposition of the Telecom System, any then remaining balances in the Revenue Fund, Operating Expense Fund and Lease Payment Fund shall become part of the Net Sales Proceeds and shall be distributed as provided therefor.
The Trust shall pay each Trustee from the Creditor Trust Operating Expense Fund reasonable compensation, as set forth in the Managing Trustee Compensation Disclosure, attached hereto as Exhibit A, in the case of the Managing Trustee, or, as provided in Exhibit B in the case of the Delaware Trustee (in each case as such exhibits may be amended from time to time by the applicable Trustee with the consent of the Plan Oversight Committee).
The Managing Trustee shall deposit Creditor Trust Recoveries and the Creditor Trust Operating Expense Fund funded on the Effective Date into a subaccount of the General Operating Account called the "Unsecured Creditor Distribution Fund".

More Definitions of Operating Expense Fund

Operating Expense Fund means the fund of that name that may be designated and established pursuant to Section 5.01(d) of Article V hereof.

Operating Expense Fund means the Fund so designated and established by Article III

Operating Expense Fund shall have the meaning set forth in Section 7.6 hereof. “Operating Expenses” shall mean the total of all expenditures, computed in accordance with GAAP, of whatever kind relating to the operation, maintenance and management of the Property that are incurred on a regular monthly or other periodic basis, including without limitation, utilities, ordinary repairs and maintenance, insurance premiums, license fees, Property taxes and assessments, advertising and marketing expenses, franchise fees, management fees, payroll and related taxes, computer processing charges, operational equipment or other lease payments as approved by Lender, and other similar costs, but excluding depreciation, Debt Service, Capital Expenditures and contributions to the Reserve Funds.

Operating Expense Fund means the fund so designated and established by Article V of the Bond Resolution. “Outstanding,” or “outstanding” means, when used with reference to Bonds of any Series, as of any particular date all