Operating Expense Budget definition

Operating Expense Budget means the operating expense forecast as further described in Section 5D. of this Agreement.
Operating Expense Budget. The Operating Expense Budget shall identify for the following calendar year the expected Operating Expenses including Direct Costs, Management Fee, and Major Maintenance.
Operating Expense Budget means lease operating expenses as set forth in the Initial Engineering Report or such other lease operating expenses as agreed to in writing by Required Lenders after the Closing Date.

Examples of Operating Expense Budget in a sentence

  • To compensate Landlord for costs associated with managing and monitoring this Agreement, Tenant shall pay Landlord the amount set forth as the Operating Expense Budget in the last year that the Commission was in possession of the Coliseum Property (“State Expense Budget”).

  • The Real Estate Tax box in the Annual Operating Expense Budget should include the anticipated real estate tax before abatement.To show tax exemptions, simply leave the Real Estate Taxes box in the operating expense budget empty and enter an explanation into the comments section provided for this section.Other - Enter the other income amount and source for each of the applicable years for applicable sources.

  • At least ninety (90) days prior to the start of each fiscal year, Provider shall prepare and submit to the Board for its review and approval a proposed Operating Expense Budget and a proposed Capital Expenditure Budget for the Veterans Cemetery.

  • Adopt the Resolution approving The Pennsylvania Turnpike Commission’s Annual Operating Expense Budget for the 2012-2013 fiscal year in the amount of $326,679,000.00; b.

  • Report on the status of ACERA’s total Operating Expense Budget Summary for October 2015.

  • The Real Estate Tax box in the Annual Operating Expense Budget should include the anticipated real estate tax before abatement.

  • A 15-day public comment period on the proposed draft FY 2022 Administrative and Operating Expense Budget will be held from Thursday, April 15 through Thursday, April29.

  • Changes shall be incorporated and reflected in the Operating Expense Budget as set forth in Section 6.1.

  • This decision does not have material budgetary implications for the Operating Expense Budget.

  • Santos, P.E., Director of Public WorksDATE: January 06, 2022SUBJECT: Appropriation Order in the amount of $214,240 for the purpose of funding the Hyannis Youth and Community Center Enterprise Fund’s Fiscal Year 2022 Operating Expense Budget BACKGROUND: In Fiscal Year 2021 the facility was operating in a limited capacity due to the public health emergency.


More Definitions of Operating Expense Budget

Operating Expense Budget means the budget of Operating Expenses for an Airport Fiscal Year adopted in conjunction with the Airport Operating Budget, all as provided in subdivision (13) of subsection (i) of this section.
Operating Expense Budget means the estimated Operating Expenses for the Base Year prepared by Landlord and attached hereto as EXHIBIT G. Tenant acknowledges that the Operating Expense Budget is merely an estimate and that actual Operating Expenses may exceed or be less than the Operating Expense Budget for the Base Year.
Operating Expense Budget shall have the meaning set forth in Section 5.2(c) hereof. “Operating Fee” shall have the meaning set forth in Section 3.2 hereof.
Operating Expense Budget means the annual operating expense budget, in a form substantially similar to the form attached hereto as Exhibit D, approved by GREC prior to each full calendar year during the Operational Period.

Related to Operating Expense Budget

  • Operating Expenses shall include all costs to the Lessor of operating and maintaining the Premises, and shall include, without limitation, real estate and personal property taxes and assessments, management fee(s), heating, air conditioning, HVAC, electricity, water, waste disposal, sewage, operating materials and supplies, service agreements and charges, lawn care, snow removal, restriping, repairs, repaving, cleaning and custodial, security, insurance, the cost of contesting the validity or applicability of any governmental acts which may affect operating expenses, and all other direct operating costs of operating and maintaining the Premises and related parking areas, unless expressly excluded from operating expenses.

  • 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.

  • 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.

  • Total Operating Expenses means all costs and expenses paid or incurred by the Company, as determined under generally accepted accounting principles, that are in any way related to the operation of the Company or to Company business, including advisory fees, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and tax incurred in connection with the issuance, distribution, transfer, registration and Listing of the Shares, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines, (vi) Acquisition Fees and Acquisition Expenses, (vii) real estate commissions on the Sale of Properties, (viii) Financing Coordination Fees and (ix) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgage loans or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair and improvement of property).

  • 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.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

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

  • Approved Budget means an annual budget-

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Marketing Expenses means the sum of Selling Expenses, Marketing Management Expenses, Market and Consumer Research Expenses, Advertising Expenses, Trade Promotion Expenses, and Consumer Promotion Expenses, each of which is specified below, in each case to the extent directly and reasonably attributable to the sale, promotion or marketing of the applicable ZIOPHARM Products in the countries where such ZIOPHARM Product has been launched.