Uncontrollable Expenses definition

Uncontrollable Expenses means the following expenses with respect to the Company, Subsidiary or Property: taxes and insurance; licenses; utilities; unanticipated material repairs that are essential to preserve or protect the Property; debt service; and costs due to a change in law.

Uncontrollable Expenses shall have the meaning set forth in Section 5.1.11(d) hereof.

Uncontrollable Expenses means Taxes, insurance premiums, utility costs, costs incurred in complying with any law enacted after the Commencement Date, wages and salaries affected by the minimum wage and other costs beyond the reasonable control of Landlord to the extent generally recognized by landlords of comparable buildings as operating expenses the amount of which is not within the reasonable control of landlords.

Examples of Uncontrollable Expenses in a sentence

• If Manager suspects that the cash flow from the Project will not, at any time, be sufficient to cover any Project related expenses, Manager shall promptly notify Owner, and Manager and Owner shall mutually determine the order in which the obligations of the Project will be satisfied; provided, however, that Manager and Owner agree that available cash flow will in any event first be applied to Uncontrollable Expenses that are then due and payable.

• Tenant shall pay the full amount of Tenant’s Proportionate Share of increases in Uncontrollable Expenses.

• The Cap on Controllable Expenses, as provided for in this Section 4.L, will not limit or otherwise affect Tenant’s obligation to pay Tenant’s Share of Uncontrollable Expenses (as defined below) or any other component of Rent under this Lease.

• Notwithstanding anything in this Lease to the contrary, Tenant will be responsible for Tenant's Proportionate Share of Real Estate Taxes, insurance premiums, utilities, janitorial services, snow removal, landscaping, charges assessed against the Building pursuant to any covenants or owner's association and capital improvements ("Uncontrollable Expenses"), without regard to the level of increase in any or all of the above in any year or other period of time.

• Tenant's obligation to pay all other Building Operating Expenses which are not Uncontrollable Expenses (herein "Controllable Expenses") shall be limited to a five percent (5%) per annum increase over the amount of the Controllable Expenses for the immediately preceding calendar year, beginning with the actual Controllable Expenses for the year ending December 31, 2001.

More Definitions of Uncontrollable Expenses

Uncontrollable Expenses means the following expenditures: (i) taxes, (ii) costs of insurance with no material change in coverage, (iii) homeowners association fees and expenses, (iv) the costs of compliance with any final court orders, judgments or other judicial or governmental proceedings with respect to Front Yard or the Subsidiaries, and (v) costs and expenses (including attorneys’ fees) related to any securities actions, derivative actions, proxy contests and any other legal actions arising outside the ordinary course of business.

Uncontrollable Expenses means the following expenditures: (i) taxes, (ii) utility charges, (iii) costs of insurance, (iv) payments due under any loan to the Company and/or the Operating Company, including any fees, costs or other charges and including establishing any required reserves (or payment of any other scheduled payment under any such loan, including without limitation, the entire amount of the loan at maturity) and (v) payments under non-Affiliate Contracts binding on the Company and/or the Operating Company.

Uncontrollable Expenses means expenses relating to the cost of utilities, insurance, real estate taxes and special assessments, permitted capital improvements and snow and ice removal.

Uncontrollable Expenses means Taxes, security, valet parking costs, utility costs and charges (including trash removal costs), and insurance premiums.

Uncontrollable Expenses as used herein means expenses for the cost of utility consumption (not delivery and installation), insurance, real estate taxes and assessments, and other expenses not directly controllable by Landlord such as, but not limited to, increases in the minimum wage or collective bargaining/union wages that affect the cost of service contracts. During any period that the average occupancy rate for the entire Project shall be less than ninety percent (90%), then, for purposes of calculating the Additional Rent payable by Tenant pursuant to this Article 4 for each calendar year, the Operating Expenses for such calendar year that fluctuate depending on the level of occupancy of the Project shall, subject to Section 4.1 of this Lease, be increased by the amount of additional costs and expenses that Landlord reasonably estimates would have been incurred if the average occupancy rate for the entire Project had been ninety percent (90%). Expenses under this Section 4.4 shall be calculated in good faith by appropriately adjusting the cost of those components of Operating Expenses that are impacted by changes in the occupancy of the Project.

Uncontrollable Expenses means insurance costs, utility charges, Taxes, and snow removal costs. “Controllable Expenses” means Expenses other than Uncontrollable Expenses.

Uncontrollable Expenses means: (a) insurance premiums, (b) utility costs, (c) labor costs controlled by union or collective bargaining agreements or other industry-wide cost increases which are beyond the reasonable control of Borrower, (d) those costs required by applicable legal requirements, including property taxes, (e) leasing fees, brokerage commissions and other costs which vary based on the amount of space leased during the relevant period, including legal fees, (f) unanticipated elevator repair costs, (g) costs associated with an emergency or other circumstance where prompt action is necessary to alleviate conditions that require an immediate expenditure of funds in order to avoid, or lessen or reduce the likelihood of, personal injury or material damage to any real or personal property and (h) snow removal and other costs which vary based on weather or other factors beyond Borrower’s control.