Maximum Controlled Expenses definition

Maximum Controlled Expenses means: (a) for calendar year 2000, the full amount of the actual expenses for Controlled Expenses as determined in accordance with the foregoing provisions; (b) for calendar year 2001 and each calendar year thereafter, the prior calendar year's Maximum Controlled Expenses multiplied by 1.
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Maximum Controlled Expenses. (as hereinafter defined). "Controlled Expenses" shall mean all Operating Expenses except those attributable to Real Property Taxes and Assessments, costs of insurance, including, without limitation, liability insurance, casualty insurance, worker's compensation insurance, and business interruption insurance, costs of utilities, and costs of compliance with any laws, rules or regulations. "Maximum Controlled Expenses" shall mean: (a) for calendar year 2000, the full amount of the actual expenses for Controlled Expenses as determined in accordance with the foregoing provisions; (b) for calendar year 2001 and each calendar year thereafter, the prior calendar year's Maximum Controlled Expenses multiplied by 1.
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Maximum Controlled Expenses. (as hereinafter defined). "Controlled Expenses" shall mean all Operating Costs except those attributable to utilities, if any, not separately billed to Tenant or another tenant in the Building, Taxes, costs of insurance, including, without limitation, liability insurance, business interruption insurance, casualty insurance and worker's compensation insurance, and costs of compliance with any laws, rules or regulations. If Landlord is managing the Building Complex itself the management fees included within Operating Expenses shall be a Controlled Expense. "Maximum Controlled Expenses" shall mean: (a) for calendar year 2000, the full amount of the actual expenses for Controlled Expenses as determined in accordance with the foregoing provisions; (b) for calendar year 2001 and each calendar year thereafter, the prior calendar year's Maximum Controlled Expenses multiplied by 1.
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Examples of Maximum Controlled Expenses in a sentence

  • Notwithstanding anything to the contrary set forth in this Section 6, for the purposes of calculating Tenant's Percentage of Operating Expenses, "Controlled Expenses" (as hereinafter defined) shall not exceed the "Maximum Controlled Expenses" (as hereinafter defined).


More Definitions of Maximum Controlled Expenses

Maximum Controlled Expenses means: (a) for calendar year 2012, the full amount of the actual expenses for Controlled Expenses as determined in accordance with the foregoing provisions; (b) for calendar year 2013 and each calendar year thereafter, the prior calendar year’s Maximum Controlled Expenses multiplied by 1.05.” The foregoing shall apply to both of the Existing Premises and the Expansion Premises as of the Expansion Date. 9. Sections 38.18, 38.19, 38.20, 38.21, and 38.22 of the Lease are hereby deleted in their entirety.
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Maximum Controlled Expenses. (as hereinafter defined). "Controlled Expenses" shall mean all Operating Costs except those attributable to utilities, if any, not separately billed to Tenant or another tenant in the Building, Taxes, costs of insurance, including, without limitation, liability insurance, business interruption insurance, casualty insurance and worker's compensation insurance, and costs of compliance with any laws, rules or regulations. If Landlord is managing the Building Complex itself the management fees included within Operating Expenses shall be a Controlled Expense.
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Related to Maximum Controlled Expenses

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Company Expenses has the meaning set forth in Section 5.09 of the Holdings LLC Agreement.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.