Excess Expenses definition

Excess Expenses means the total dollar increases, if any, over the Base Expenses paid or incurred by Landlord in the respective calendar year.

Excess Expenses means:

Excess Expenses means the total amount of Property Taxes and Operating Expenses due and payable with respect to the Property during any calendar year of the Term minus the product obtained by multiplying the expense stop specified in the Basic Terms by the number of rentable square feet in the Building.

Examples of Excess Expenses in a sentence

• Covered Excess Expenses must be incurred within 90 days from the date of accident.

• You will receive a claim form which must be filed with the Company within 90 days after the accident.Covered Excess Expenses incurred within two years from the accident will be considered.

• The Eligible Excess Expenses in respect of the benefit items (i) to (vi) above include the Eligible Expenses incurred exceeding the respective benefit limits as stated in the Benefit Schedule (which means the Eligible Expenses incurred less the respective benefit limits as stated in the Benefit Schedule).

• For the Eligible Excess Expenses incurred within the same Policy Year concerning different Disabilities, the SMM benefit limits shall be counted anew for each Disability in the same Policy Year, except where the Insured Person receives a Medical Service involving more than one (1) Disability, then the Eligible Excess Expenses incurred for all Disabilities involved in the same Medical Service shall be subject to one (1) benefit limit for SMM benefit.

• The Eligible Excess Expenses in respect of the benefit items (vii) to (ix) above include the Eligible Expenses incurred on days exceeding the respective limits on the number of days as stated in the Benefit Schedule for the benefit items payable under Sections 3(a), 3(c) or 3(e) of Part 6 of the Terms and Conditions subject to the respective “per day” limits of this supplementary medical benefit as stated in the Benefit Schedule.

More Definitions of Excess Expenses

Excess Expenses has the meaning set forth in Section 9.1.

Excess Expenses means, with respect to any Tax and Expense Year, the amount, if any, by which Expenses for such Tax and Expense Year exceed the amount of Expenses for the Base Year specified in the Basic Lease Information.

Excess Expenses. As defined in Schedule 10.2(e)(17).

Excess Expenses means as of any date of determination, any Expenses due and owing that are in excess of the aggregate Expenses Cap, that remain unreimbursed after application of the applicable Expenses Cap in any calendar year will be reimbursable, subject to the applicable Expenses Cap, to the applicable parties in subsequent years. Any Excess Expenses will be reimbursable to the Servicer, the Securities Administrator, the Custodian, the Collateral Administrator, the Seller, the Issuer, the Trustee and the Guarantor to the extent of funds available on each Distribution Date.

Excess Expenses. Landlord shall promptly refund to Tenant an amount equal to the lesser of (i) the amount of such Excess Expenses, or Tenant’s Proportionate Share thereof (from and after the Multi-Tenant Occupancy Date), and (ii) the actual amount paid by Tenant on account of all Operating Expenses or other Installment Expenses.

Excess Expenses has the meaning set forth in Section 7 hereof.

Excess Expenses means the amount by which the annual Operating Expenses incurred by Landlord during each successive Escalation Year exceed the Operating Expenses incurred during the Base Year.