Common use of Definition of Operating Expenses Clause in Contracts

Definition of Operating Expenses. Operating Expenses" shall mean and include all expenses incurred and payable in connection with the ownership, operation, maintenance, repair and management of the Premises and the improvements thereon and, without restricting the generality of the foregoing, shall include:

Appears in 3 contracts

Samples: Lease Agreement (Milinx Business Group Inc), Lease Agreement (Milinx Business Group Inc), Lease Agreement (Milinx Business Group Inc)

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Definition of Operating Expenses. The term “Operating Expenses" ” as used herein shall mean all reasonable expenses, costs and include all expenses incurred disbursements (but not specific costs especially billed to and payable paid by specific tenants) of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the ownership, operation, maintenance, repair ownership and management operation of the Premises Project, which under generally accepted accounting principles and the improvements thereon andpractices, without restricting the generality would be regarded as maintenance and operating expenses of the foregoingProject including but not limited to, shall includethe following:

Appears in 1 contract

Samples: Lease Agreement (Alliance Bankshares Corp)

Definition of Operating Expenses. The term "Operating Expenses" shall mean (i) all of Landlord's direct costs and include all expenses incurred and payable in connection with the ownership, of operation, maintenance, repair and management maintenance of the Premises and the improvements thereon andPremises, without restricting the generality of the foregoing, shall include:as determined by Landlord

Appears in 1 contract

Samples: Sublease (Marvell Technology Group LTD)

Definition of Operating Expenses. For purposes of this Agreement, “Operating Expenses" shall be deemed to mean the aggregate annual operating, general and include all administrative expenses incurred determined in accordance with generally accepted accounting principles (including the Management Fee), except the expenses of raising capital, interest payments, taxes, non-cash expenditures (including, but not limited to, depreciation, amortization and payable in connection with the ownership, operation, maintenance, repair and management of the Premises bad debt reserves) and the improvements thereon andcosts related directly to asset acquisition, without restricting the generality of the foregoing, shall include:operation and disposition.

Appears in 1 contract

Samples: Reit Management Agreement (Foundation Capital Resources Inc)

Definition of Operating Expenses. Operating Expenses" shall mean be -------------------------------- ------------------ computed on the accrual basis and include shall consist of all expenses incurred reasonable, arm's length (except as expressly provided below) expenses, costs and payable disbursements of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the ownership, operation, maintenance, repair management and management operation of the Premises and Building or the improvements thereon andProperty, including, without restricting limitation, except as specified herein, the generality of the foregoing, shall includefollowing:

Appears in 1 contract

Samples: Lease Agreement (Peritus Software Services Inc)

Definition of Operating Expenses. Operating Expenses" Expenses shall mean and include all expenses costs reasonably incurred by Landlord to ensure, pay taxes with respect to, manage, operate and payable maintain and make all necessary repairs to the Premises, including, without limitation, Tenant's pro rata share (as set forth in connection with the ownership, operation, maintenance, repair and management Section 1.8) of the Premises and the improvements thereon and, without restricting the generality of the foregoing, shall include:Shared Operating Expenses described in Section 6.

Appears in 1 contract

Samples: Consent to Sublease (Extricity Inc)

Definition of Operating Expenses. The term "Operating Expenses" shall mean and include as used in this License, means all reasonable expenses incurred by Licensor with respect to the maintenance and payable in connection with the ownership, operation, maintenance, repair and management operation of the Premises and the improvements thereon andBuilding, without restricting the generality as determined by generally accepted accounting principles consistently applied, as set forth below (an estimate of the foregoing, shall include:which is attached as Exhibit [ ]):

Appears in 1 contract

Samples: Office Space License Agreement (Red Cat Holdings, Inc.)

Definition of Operating Expenses. The term "Operating Expenses" as used herein shall mean all reasonable and include all expenses incurred necessary expenses, costs and payable disbursements (but not: (x) specific costs billed to specific tenants; or (y) replacement of capital investment items, except as set forth in Section 4.I.vii, below) which Landlord incurs in connection with the ownership, operation, maintenance, repair and management maintenance of the Premises Property and the improvements thereon andperformance of Landlord's obligations under this Lease, in each case, determined in accordance with sound accounting principles consistently applied, without restricting duplication, including the generality of the foregoing, shall includefollowing costs:

Appears in 1 contract

Samples: Lease (NightHawk Biosciences, Inc.)

Definition of Operating Expenses. For purposes of this Agreement, -------------------------------- "Operating Expenses" shall be deemed to mean the aggregate annual operating, general and include all administrative expenses incurred determined in accordance with generally accepted accounting principles (including the Management Fee), except the expenses of raising capital, interest payments, taxes, non-cash expenditures (including, but not limited to, depreciation, amortization and payable in connection with the ownership, operation, maintenance, repair and management of the Premises bad debt reserves) and the improvements thereon andcosts related directly to asset acquisition, without restricting the generality of the foregoing, shall include:operation and disposition.

Appears in 1 contract

Samples: Reit Management Agreement (Foundation Capital Resources Inc)

Definition of Operating Expenses. The term “Operating Expenses" shall mean mean: A All reasonable, actual operating expenses of any kind or nature which are necessary, ordinary or customarily incurred with respect to the operation and include all expenses incurred and payable in connection with the ownership, operation, maintenance, repair and management maintenance of the Premises Building as determined in accordance with generally accepted accounting principles and the improvements thereon and, without restricting the generality of the foregoing, shall include, but not be limited to:

Appears in 1 contract

Samples: Commercial Lease (Aegis Identity Software, Inc.)

Definition of Operating Expenses. Operating Expenses" shall mean and include all expenses incurred and the total amounts paid or payable by Landlord in connection with the ownership, operation, maintenance, repair repair, replacement and management operation of the Premises Building and the improvements thereon andCommon Areas, without restricting the generality of the foregoing, shall includeincluding but not limited to:

Appears in 1 contract

Samples: Industrial Lease Agreement (Mohawk Industries Inc)

Definition of Operating Expenses. Operating Expenses" shall mean only the total costs and include all expenses paid for or incurred and payable by Landlord for the Premises which in connection accordance with the ownership, operation, maintenance, repair reasonable accounting and management practices consistently applied, including, without limitations for (1) Real Estate Taxes; (2) Insurance Premiums; (3) the cost of utilities consumed in the Premises and the improvements thereon and, without restricting the generality of the foregoing, shall include:if paid for by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Consolidated Capital of North America Inc)

Definition of Operating Expenses. For purposes of this Agreement, "Operating Expenses" shall be deemed to mean the aggregate annual operating, general and include all administrative expenses incurred determined in accordance with generally accepted accounting principles (including the Management Fee), except the expenses of raising capital, interest payments, taxes, non-cash expenditures (including, but not limited to, depreciation, amortization and payable in connection with the ownership, operation, maintenance, repair and management of the Premises bad debt reserves) and the improvements thereon andcosts related directly to asset acquisition, without restricting the generality of the foregoing, shall include:operation and disposition.

Appears in 1 contract

Samples: Reit Management Agreement (Foundation Capital Resources Inc)

Definition of Operating Expenses. The term "Operating Expenses" as used herein shall mean all reasonable and include all expenses incurred necessary expenses, costs and payable disbursements (but not: (x) specific costs billed to specific tenants; or (y) replacement of capital investment items, except as set forth in Section 4.I.vii, below) which Landlord incurs in connection with the ownership, operation, maintenance, repair and management maintenance of the Premises Complex and the improvements thereon andperformance of Landlord’s obligations under this Lease, in each case, determined in accordance with sound accounting principles consistently applied, without restricting duplication, including the generality of the foregoing, shall includefollowing costs:

Appears in 1 contract

Samples: Lease (Heat Biologics, Inc.)

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Definition of Operating Expenses. Operating Expenses" ,” as used herein, shall mean all expenses, costs and include all expenses disbursements of every kind and nature relating to or incurred and payable or paid during any Operating Period in connection with the ownership, operation, maintenance, repair and management maintenance of the Premises Project, including, but not limited to, wages and salaries of all employees directly engaged in the improvements thereon andoperation, without restricting the generality maintenance or security of the foregoing, shall include:Project (but in no event more than one on-site full

Appears in 1 contract

Samples: Lease Agreement (ADS Tactical, Inc.)

Definition of Operating Expenses. Operating Expenses" shall mean and include ” are all expenses costs incurred and payable in connection with by Landlord relating to the ownership, operation, maintenance, repair and management ownership and/or operation of the Industrial Center, Building, and Premises including, but not limited to, the following (and excluding the improvements thereon anditems set forth in Paragraph 4.2(g), without restricting the generality of the foregoing, shall include:below):

Appears in 1 contract

Samples: Industrial Lease (Aviragen Therapeutics, Inc.)

Definition of Operating Expenses. The term “Operating Expenses" ” as used in this Lease shall mean and include all costs and expenses incurred necessary to operate, repair, replace and payable maintain the Building and “Common Facilities” (as defined herein) in connection with a manner deemed reasonable and appropriate by the ownership, operation, maintenance, repair and management of the Premises and the improvements thereon andLandlord for a first-class development. Operating Expenses shall include, without restricting limitation, the generality of the foregoing, shall includefollowing:

Appears in 1 contract

Samples: Office Lease (Maxim Pharmaceuticals Inc)

Definition of Operating Expenses. As used in this Sublease, the term "Operating Expenses" shall mean consist of all costs and include all expenses incurred and payable in connection with the ownership, operation, maintenance, repair and management operation of the Premises Property, including the following: (a) Real Property Taxes (as defined in Section 11.2 of this Sublease); (b) water and sewer charges and the improvements thereon andcosts of electricity, without restricting the generality of the foregoing, shall include:HVAC and other utilities;

Appears in 1 contract

Samples: Sublease Agreement (Cohu Inc)

Definition of Operating Expenses. The term “Operating Expenses" shall mean and include all expenses incurred and payable costs of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the ownership, operation, maintenance, repair and management of the Premises and the improvements thereon and, without restricting the generality of the foregoing, shall include:and/or

Appears in 1 contract

Samples: Full Service Lease (Cyan Inc)

Definition of Operating Expenses. The term "Operating Expenses" shall mean and include includes all expenses incurred and payable in connection by Lessor with respect to the ownership, operation, maintenance, repair servicing, repairing and management operation of the Premises and the improvements thereon andBuilding, as reasonably determined by Lessor including, without restricting limitation, the generality of the foregoing, shall includefollowing:

Appears in 1 contract

Samples: Office Lease (Amen Properties Inc)

Definition of Operating Expenses. Operating Expenses" shall mean and include means all expenses and charges incurred by Landlord in the operation and payable in connection with the ownership, operation, maintenance, repair and management maintenance of the Premises Building, Property and Common Areas (as defined in Section 10), as a first-class facility, including without limitation the improvements thereon and, without restricting the generality following costs by way of the foregoing, shall includeillustration:

Appears in 1 contract

Samples: Lease (Vsource Inc)

Definition of Operating Expenses. For the purposes of this Section -------------------------------- 2.04 the term "Operating Expenses" shall mean all reasonable and include all customary expenses incurred and payable in connection with by Landlord for the ownershipadministration, operation, maintenance, repair and management maintenance of the Premises Building, including but not limited to (1) personal property taxes; (2) the costs of all utilities and the improvements thereon andother services required, without restricting the generality of the foregoingby this Lease or otherwise, shall include:to be furnished by Landlord to the

Appears in 1 contract

Samples: Lease (Impac Medical Systems Inc)

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