SPACE COSTS definition

SPACE COSTS means the identifiable and direct out-of-pocket, third party operating costs and expenses actually and reasonably incurred by Portola in operating the Exclusive Space and Lab Space for the Term, including rent, property tax, insurance, landlord operating costs, utilities, building service contracts and janitorial services (calculated on a pro rata basis to reflect the portion of the square footage of the Exclusive Space and the Lab Space relative to the total square footage of the Master Premises) listed on EXHIBIT D hereto. The monthly amount of the rent portion of the Space Costs may not exceed $[***] during the period from December 1, 2003 through [***] without the prior written consent of Cytokinetics.

Related to SPACE COSTS

  • Service Costs has the meaning ascribed thereto in Section 3.01.

  • Notice Costs means all costs, fees, and expenses related to providing Notice of the Settlement to Company stockholders.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Operating Costs means the incremental operating expenses incurred on account of the Project implementation, management and monitoring including rent for buildings; office, vehicles, office equipment and other operation and maintenance costs; water and electricity utilities, telephone, office supplies, bank charges, additional staff costs, travel and supervision costs, per diem, but excluding the salaries of officials and public servants of the Project Implementing Entity or the Recipient’s civil service.

  • Basic Costs means all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C attached hereto.