Total ROA Base Costs definition

Total ROA Base Costs for a Project Entity means the actual total development costs incurred with respect to such Project Entity, including the fees and expenses described in Sections 3.9.1 and 3.9.2 for such Project Entity and the value of the services described in Section 3.9.3 for such Facility, and including all other soft costs and all pre-opening costs and all operating deficits incurred with respect to such Project Entity prior to the achievement of stabilized occupancy and break-even operations.

Examples of Total ROA Base Costs in a sentence

  • Total ROA Base Costs" for a Project Entity means the actual total development costs incurred with respect to such Project Entity, including the fees and expenses described in Sections 3.9.1 and 3.9.2 for such Project Entity and the value of the services described in Section 3.9.3 for such Facility, and including all other soft costs and all pre-opening costs and all operating deficits incurred with respect to such Project Entity prior to the achievement of stabilized occupancy and break-even operations.