Common use of Expenses of the Owner Clause in Contracts

Expenses of the Owner. All operating and maintenance expenses, including expense of advertising and annual audit, shall constitute deductions from gross annual rentals in addition to the fee specified in paragraph 5. Where Broker is acting as Owner’s General Contractor for purposes other than ordinary maintenance due to ordinary wear and tear, the Broker shall be paid a supervision fee of 10% .

Expenses of the Owner. All operating and maintenance expenses, including expense of advertising and annual audit, shall constitute deductions from gross annual rentals in addition to the fee specified in paragraph 5. Where Broker Xxxxxx is acting as Owner’s General Contractor for purposes other than ordinary maintenance due to ordinary wear and tear, the Broker shall be paid a supervision fee of 10% .

Expenses of the Owner. All operating and maintenance expenses, including expense of advertising and annual audit, shall constitute deductions from gross annual rentals in addition to the fee specified in paragraph 5. Where Broker is acting as Owner’s General Contractor for purposes other than ordinary maintenance due to ordinary wear and tear, the Broker shall be paid a supervision fee of 10% .