Building Cost definition

Building Cost shall have the meaning assigned in Section 18.2.
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Building Cost means the cost of erecting, building, acquiring, altering, remodeling, improving or extending of treat- ment works.
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Building Cost means the total cost of the structural project, exclusive of land, architectural fees, equipment and off- site improvements. In cases involving more than one structure (a complex), it will be understood to mean the total cost of all the buildings within the complex.
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Examples of Building Cost in a sentence

  • Tenant's proportionate share of Building Costs shall equal the product of the rentable floor area of the Premises multiplied by the difference of (i) Building Costs per rentable square foot less (ii) the Building Cost Base set forth in Item 7 of the Basic Lease Provisions.

  • Tenant’s proportionate share of Building Costs shall equal the product of the rentable floor area of the Premises multiplied by the difference of (i) Building Costs per rentable square foot less (ii) the Building Cost Base set forth in Item 7 of the Basic Lease Provisions.

  • If such audit discloses liability for a refund in excess of five percent (5%) of Tenant's Proportionate Share of Basic Operating Building Cost previously reported; the cost of such audit shall be borne by Landlord; otherwise the cost of such audit shall be paid by Tenant.

  • Commencing November 1, 2007, Tenant shall pay, in addition to Tenant's regular monthly rent, one-twelfth (1/12th) of Tenant's pro-rata share of any estimated Comparison Year Building Cost increase over the Base Year Building Costs.

  • Tenant's repair obligations shall not include repairs requiring a capital expenditure or replacements of capital items which shall be Landlord's obligation, subject to reimbursement by Tenant as a Building Cost, unless such capital repairs, replacements or expenditures are caused or required by Tenant's particular use of the Premises or alterations or improvements undertaken by Tenant during the Term of this Lease.

  • Landlord shall install and maintain landscaping around the Building pursuant to a landscape plan to be agreed upon by Landlord and Tenant, which shall have a Base Building Cost component of $275,000.

  • The Basic Operating Building Cost Adjustment and/or Basic Operating Office Cost Adjustment shall be appropriately adjusted on the basis of such audit.

  • Tenant will be responsible for installation and expense of all signage as a direct cost to Tenant and not part of the Total Building Cost as defined herein.

  • Building Cost Distribution: · The Landlord has provided a complete Building Cost Breakdown in the format provided in Tenant’s Request for Proposal for this Project (the “RFP”).

  • During the last month of each Expense Year during the Term, or as soon thereafter as practicable, Landlord shall give Tenant written notice of Estimated Basic Operating Building Cost for the ensuing Expense Year.


More Definitions of Building Cost

Building Cost when used herein shall mean the sum of (i) all costs and expenses incurred by the Company to renovate the Property and construct any improvements thereon, including, but not limited to all soft costs incurred in connection therewith, such as costs of financing, professional fees, security and building expenses incurred during the construction period; and (ii) Eight Million Two Hundred Fifty Thousand Dollars and No Cents ($8,250,000.00).
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Building Cost means the cost for building environmental infrastructure facilities. This definition excludes administration, legal, fiscal and engineering costs, and costs associated with the planning and design of the project.
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Building Cost means the final total (or, until this is determined, the most recent professionally prepared estimate approved by the Client or, where no such estimate is approved, a fair and reasonable estimate) of all amounts payable to the Contractor under the Building Contract excluding:
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Building Cost. Hard Building Costs plus Soft Building Costs.
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Related to Building Cost

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Building Operating Expenses means the portion of "Operating Expenses," as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • Rentable Area when applied to the Premises, is that area equal to the usable area of the Premises, plus an equitable allocation of Rentable Area within the Building that is not then utilized or expected to be utilized as usable area, including that portion of the Building devoted to corridors, equipment rooms, restrooms, elevator lobby, atrium and mailroom.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Office Building (Premises), means a building or premises or part thereof whose sole or principal use is for an office or for office purposes or clerical work. "Office purposes" includes the purpose of administration, clerical work, handling money, telephone, telegraph and computer operation; and "clerical work" includes writing, book-keeping, sorting papers typing, filing, duplicating, punching cards or tapes, machines calculations, drawing of matter for publication and editorial preparation of matter for publication.

  • Tenant’s Share means the percentage set forth in Section 6 of the Summary.

  • the Building means any building of which the Property forms part.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Base Building shall include the structural portions of the Building, the public restrooms and the Building mechanical, electrical and plumbing systems and equipment located in the internal core of the Building on the floor or floors on which the Premises are located. Tenant shall promptly provide Landlord with copies of any notices it receives regarding an alleged violation of Law. Tenant shall comply with the rules and regulations of the Building attached as Exhibit E and such other reasonable rules and regulations adopted by Landlord from time to time, including rules and regulations for the performance of Alterations (defined in Section 9).

  • Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Common Area Operating Expenses are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Industrial Center, including, but not limited to, the following:

  • Equipment Cost means, for any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • Building Code means the regulations made under Section 34 of the Act.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Building Contractor means the building contractor or developer appointed or to be appointed by the Grant Recipient in respect of a Firm Scheme; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England;