Owner’s Expenses definition

Owner’s Expenses means any and all expenses paid for by Owner from Owner’s own funds on a cash basis and not from the Bank Accounts (unless otherwise expressly allowed herein), which shall not be a Property Expense.
Sample 1Sample 2
Owner’s Expenses has the meaning set forth in Section 9.3.
Sample 1Sample 2
Owner’s Expenses means the expenses incurred by the HOA on behalf of a Rental Program Unit owner for repair, replacement and maintenance of a Rental Program Unit plus any cash advances made from the Rental Program on the Rental Program Unit owner’s behalf.
Sample 1

Examples of Owner’s Expenses in a sentence

  • The term “Rental Program Reserve Fund” shall mean the funds remaining at the end of the year after payment of all Rental Program Expenses, distributions to all Rental Program Unit Owners, and payment of Owner’s Expenses for all Rental Program Units.

  • Except as provided below, the cost of all such repairs and maintenance shall be part of Owner’s Expenses, and the HOA shall account for any such deductions on Owner’s monthly statement.


More Definitions of Owner’s Expenses

Owner’s Expenses has the meaning set forth in Section 9.1. “Party” means each of SCI, FG Manager, and the Company. “Project Manager” has the meaning set forth in Section 2.7.
Sample 1
Owner’s Expenses shall be as defined in Section A.4.3;
Sample 1

Related to Owner’s Expenses

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • 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.

  • Property Expenses means the costs (including, but not limited to, payroll, taxes, assessments, insurance, utilities, landscaping and other similar charges) of operating and maintaining any Eligible Property or Property which secures Other Recourse Debt that are the responsibility of the Borrower or the applicable Material Subsidiary that are not paid directly by any Tenant, but excluding depreciation, amortization, interest costs and maintenance capital expenditures.

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • 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.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Service Costs has the meaning ascribed thereto in Section 3.01.