Renovation Expenses definition

Renovation Expenses means the costs and expenses incurred to renovate a Property prior to becoming a Stabilized Property or incurred to renovate a Carry-Over Property after the termination of the tenancy of the related initial Tenant. For the avoidance of doubt, Renovation Expenses do not include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
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Renovation Expenses means, the costs and expenses incurred to renovate a Property so that such Property satisfies clauses (i) and (ii) of the definition of “Completion Requirements”. For the avoidance of doubt, Renovation Expenses do not include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
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Renovation Expenses means, the costs and expenses incurred to renovate a Property so that (i) all renovation work required for such Property to satisfy the Renovation Standards has been completed in a good and workmanlike manner and in accordance with all applicable Legal 25BUSINESS.30586915.9 Requirements, in each case, in all material respects, and (ii) such Property satisfies the Renovation Standards in all material respects and is in a good, safe and habitable condition. For the avoidance of doubt, Renovation Expenses include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
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Examples of Renovation Expenses in a sentence

  • Prior to the advance of any Loan related to any Non-Stabilized Property, the Loan Parties shall provide to the Administrative Agent and the Diligence Agent a budget and schedule (the “Proposed Scheduled Renovation Work”) describing the Renovation Expenses necessary in the Borrowers’ good faith determination to cause such Non-Stabilized Properties to be renovated, improved, repaired and completed so as to satisfy the Renovation Standards.

  • In the absorption situation, a specialist group is created within the organisation to cope with and “soak up” i.e. handle the disturbances whilst the main organisational activity continues (Broadbent and Laughlin, 2013, page 214).

  • Table A5: Renovation Expenses and Rental Supply DurationThis table reports the results from regressions in which the dependent variables are landlords’ initial contract duration in Column (1), an indicator of landlord renewal at contract expiration in Column (2), and rental spread in Column (3).

  • Any amounts remaining in the Renovation Fund after completion of all renovations and payment of Renovation Expenses shall be used to pre-fund the ObligorReorganized Debtor’s obligations to fund a capitalexpenditure reserve pursuant to the Loan Modification Documents.

  • Where there has been a PR Tender, the Relevant Procurement Team will adhere to the relevant Standstill Period.

  • Renovation Expenses included civil work likes tiling, plaster, POP, Fixing of marbles, replacement of existing windows frames, replacing of existing hardware wherever required.

  • Lewis, District Clerk of the Board APPROVED: October 22, 2020 Bill Lindsay, Interim General Manager Chris Deppe, President of the BoardBoard of Directors Meeting October 22, 2020‌Item 2 Community Center Renovation Expenses 2015 - 2020YearNameDetailAmount2015Gregory Paul WallaceSeismic Study13,931.042015GPAA - Gilda Puente PetersADA Study3,850.002016Glass Associates, Inc.Architectural Services10,100.002017Glass Associates, Inc.

  • Any amounts remaining in the Renovation Fund after completion of all renovations and payment of Renovation Expenses shall be used to pre-fund the Reorganized Debtor’s (in the case of the Equity Sale Transaction) or the Buyer’s (in the case of the Asset Sale Transaction) obligations to fund a capital expenditure reserve pursuant to the Loan Modification Documents.

  • A schedule entitled “Summary of East Hampton Renovation Expenses Ben Krupinski Builder” which was provided to the auditor by petitioner’s representatives indicated that petitioner incurred $1,304,296.86 in expenses in renovating the summer home and adjoining cottage during the period March 1990 through April 1991.

  • Some Additional Benefits for Disappearance and Exposure, Rehabilitation and Home Renovation Expenses are also provided.


More Definitions of Renovation Expenses

Renovation Expenses means the total amount spent by COMPANY for the Renovations of the Center and Mall Property and shall include, but not be limited to, all payments made for planning, surveys, drawings, reviews, consultants, engineering, labor, materials, fees and other soft costs as well as construction to the Center or any part of it, or the Mall Property. Renovation Expenses shall be documented by COMPANY by submission of sworn owner's and contractor statements, lien waivers, paid invoices and/or proof of payment by COMPANY of such expenses and shall be provided on or before ninety (90) days after the completion of the Renovations.
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Renovation Expenses means, the costs and expenses incurred to renovate a Property so that (i) all renovation work required for such Property to satisfy the Renovation Standards has been completed in a good and workmanlike manner and in accordance with all applicable Legal BUSINESS.30586915.9 Requirements, in each case, in all material respects, and (ii) such Property satisfies the Renovation Standards in all material respects and is in a good, safe and habitable condition. For the avoidance of doubt, Renovation Expenses include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
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Renovation Expenses means, the costs and expenses incurred to renovate a Property so that (i) all renovation work required for such Property to satisfy the Renovation Standards has been
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Renovation Expenses means expenses incurred in connection with the design, development, engineering, construction, installation, equipping and commencement of operations of the Hooters Renovation in accordance with the Renovation Disbursement Budget, excluding, however (a) any such expenses paid on or prior to the Issue Date, (b) any Debt Financing Costs and (c) any Issuance Fees and Expenses.
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Related to Renovation Expenses

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Disposition Expenses means reasonable out-of-pocket expenses incurred by the Servicer in connection with the sale at auction or other disposition of a Leased Vehicle by the Servicer.

  • Litigation Expense means any expenses reasonably incurred in connection with investigating, defending or asserting any claim, action, suit or proceeding incident to any matter indemnified against under this Agreement, including, without limitation, court filing fees, court costs, arbitration fees or costs, witness fees, and fees and disbursements of legal counsel, investigators, expert witnesses, accountants and other professionals.

  • Preservation Expenses Expenditures made by the Servicer in connection with a foreclosed Home Equity Loan prior to the liquidation thereof, including, without limitation, expenditures for real estate property taxes, hazard insurance premiums, property restoration or preservation.

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Exploration Expenditures means the sum of:

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Property Protection Expenses Any costs and expenses incurred by the Master Servicer, the Special Servicer or the Trustee pursuant to Section 3.04, 3.07, 3.10(f), 3.10(g) or 3.17(b) or indicated herein as being a cost or expense of the Lower-Tier REMIC to be advanced by the Master Servicer or the Trustee, as applicable.

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Distribution Expenses means the reasonable costs, excluding overhead, incurred by ZIOPHARM that are directly and reasonably allocable to the distribution of a ZIOPHARM Product with respect to a particular country where such ZIOPHARM Product has been launched, excluding any costs included as a deduction in calculating Net Sales.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Transaction Expenses means any fees or expenses incurred or paid by the Investors, Holdings, the Borrower or any of its (or their) Subsidiaries in connection with the Transactions (including expenses in connection with hedging transactions), this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Company Expenses has the meaning provided in Section 8.3.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk's office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replacements and office automation and information technology equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Final Transaction Expenses has the meaning set forth in Section 3.2(b).

  • Unpaid Transaction Expenses has the meaning specified in Section 2.4(c).

  • Reimbursable Expenses means, for any Shared-Loss Quarter, the amount of actual, reasonable and necessary out-of-pocket expenses (other than Capitalized Expenditures), paid to third parties (other than Affiliates of the Assuming Institution) by or on behalf of the Assuming Institution, as limited by Sections 3.2(c) and (d) of Article III of this Commercial Shared-Loss Agreement, to:

  • Qualified rehabilitation expenditures means capital