Operating Expense Account definition

Operating Expense Account shall have the meaning set forth in Section 8.4 hereof.
Operating Expense Account has the meaning provided in Section 2.13(c).
Operating Expense Account shall have the meaning described in Section 3.5.2 of the Agreement.

Examples of Operating Expense Account in a sentence

  • KSM shall use the funds in the Operating Expense Account to pay the Operating Expenses of the Course.

  • The balance (the actual payment of the monthly required Operating Expenses, less County's Maximum Monthly Contribution) remains the sole financial responsibility of the Tenant Tenant shall notify the County in writing at , of the necessity to replenish the Operating Expense Account and County agrees to fund the required replenishment of the Operating Expense Account within 30 days of receipt of Xxxxxx’s request.

  • KSM shall use the funds in the Operating Expense Account to pay the Operating Expenses of the Golf Courses.

  • On a regular basis, but no less frequently than on a monthly basis on the first day of each month of the term hereof, Tenant shall pay to, or deposit into the Operating Expense Account, an amount no less than Tenant's Share of actual Operating Expenses incurred, with a minimum balance of 1.5 times the Tenant's Estimated Monthly Contribution to be maintained by Tenant in the Operating Expense Account at all times.

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More Definitions of Operating Expense Account

Operating Expense Account means the Operating Expense Account in the Revenue Fund created and established pursuant to Section 5.6 of this Indenture.
Operating Expense Account shall have the meaning set forth in the Cash Management Agreement.
Operating Expense Account means an account with a Depository controlled by Parking Company and designated solely for payment of Project Operating Expenses.
Operating Expense Account means the account within the Revenue Fund so defined in
Operating Expense Account has the meaning ascribed to such term in Section 4.1(1).
Operating Expense Account has the meaning set forth in Section 7 hereof. (oo) "Other Charges" has the meaning set forth in Section 5 hereof. (pp) "Policies" has the meaning set forth in Section 4(d) hereof. (qq) "Premises" means those certain parcels of real property comprising the Mortgaged Property, as more particularly described on Exhibits A to the Mortgages, and with respect to the Premises related to the Facility, the Premises shall also include, without limitation, any and all property comprising the psychiatric hospital and behavioral health center operated by or on behalf of Sierra, Borrower or their respective affiliates, as the case may be. (rr) "Remedial Work" has the meaning set forth in Section 37 hereof.
Operating Expense Account has the meaning specified in Section 5.01(l)(vi).