Unit expense definition
Unit expense means any and all cost, expense, or indebtedness incurred by the unit in the establishment of its organization or incurred in the conduct and management of its affairs or the operations conducted by it.
Unit expense includes and means any and all cost and expense in the conduct and management of its affairs or the operations carried on by it.
Unit expense means all cost, expense, or indebtedness incurred by Unit Operator pursuant to this agreement and the Unit Operating Agreement for or on account of Unit Operations.
Examples of Unit expense in a sentence
Unit expense assumptions for the prospective AC calculations were developed consistently with the general approach described in Section II.D. Commission assumptions were consistent with the scales used for the historical AC calculations.
The Board agrees to furnish 100% of single standard health insurance at School Unit expense to employees working at least 30 hours per week.
Executive's entire base salary will be accounted for as an INN Unit expense.
More Definitions of Unit expense
Unit expense means any amount (with the exception of Common Charges) that is required by the Condominium Documents to be paid by a Unit Owner either directly or to the Board or another Unit Owner.