Operating Services definition

Operating Services has the meaning specified in Exhibit A.
Operating Services has the meaning set forth in Section 2.01(b) hereof.

Examples of Operating Services in a sentence

  • Calpine Mid-Atlantic Operating, LLC Calpine Operating Services Company, Inc.

  • Computation of or adjustment to Operating Services and/or Real Estate Taxes pursuant to this paragraph or to rent pursuant to Paragraph 3 shall be computed based on a three hundred sixty-five (365) day year.

  • The Operating Services are adjusted to the greater of actual occupancy or 95% occupancy for the base year to fairly establish the Base Year Costs at an equitable standard for comparison purposes.

  • It is important to note that if adjustment to 95% occupancy is necessary, not all Operating Services are adjusted.

  • Calpine Mid-Atlantic Operating, LLC ANNEX IV Name of Guarantor Calpine Operating Services Company, Inc.


More Definitions of Operating Services

Operating Services include, but are not limited to, the charges incurred by Lessor for: building operation salaries, benefits, management fee (not to exceed 5%) of gross income for the building, insurance, electricity, janitorial, supplies, telephone, HVAC, repair and maintenance, window washing, water and sewer, security, landscaping, disposal, elevator, and any other service or supplies reasonably necessary to the maintenance and operation of the premises. Operating Services shall also include the amortization cost of capital investment items and of the installation thereof, which are primarily for the purpose of safety, saving energy or reducing operating costs, or which may be required by governmental authority, (all such costs shall be amortized over the reasonable life of the capital investment item, with the reasonable life and amortization schedule being determined in accordance with generally accepted accounting principles). Notwithstanding anything to the contrary contained herein, Operating Services shall not include any of the following:
Operating Services have the meaning set forth in Section 3.1. Owner shall have the meaning set forth in the first paragraph. Owner Group shall have the meaning set forth in Section 15.2. Owner Indemnified Parties shall have the meaning set forth in Section 15.1.
Operating Services include, but are not limited to, the charges incurred by Lessor for: building operation salaries, benefits, management fee (not to exceed 5% of gross income for the building), insurance, electricity, janitorial, supplies, telephone, HVAC, repair and maintenance, window washing, water and sewer, security, landscaping, disposal, elevator, and any other service or supplies reasonably necessary to the use and operation of the premises. Operating Services shall also include the amortization cost of capital investment items and of the installation thereof, which are primarily for the purpose of safety, saving energy or reducing operating costs, or which may be required by governmental authority, (all such costs shall be amortized over the reasonable life of the capital investment item, with the reasonable life and amortization schedule being determined in accordance with generally accepted accounting principles). Notwithstanding anything to the contrary contained herein, Operating Services shall not include and Lessee shall in no event have any obligation to perform or to pay directly, or to reimburse Lessor for, all or any portion of the following repairs, maintenance, improvements, replacements, premiums, claims, losses, fees, charges, costs and expenses (collectively, “costs”):
Operating Services shall have the meaning set forth in Article 3 of this Agreement.
Operating Services is defined in Section 2.2.
Operating Services is defined in Section 3.1(a).