Operation Expenses. 1. Chemicals Expense ISSUE: San Gabriel’s estimate for Chemicals Expense was $877,600, based on recorded 2010 costs escalated by non-labor inflation factor, and increased by the costs of replacement resin used in the treatment process at three facility sites. XXX’s estimate of $893,700 was based on the same methodology, but corrected an accounting error identified in San Gabriel’s application. The City also recognized an error associated with the cost of a carbon change-out at Plant F10 that led the City to recommend an adjusted Test Year chemicals expense of $674,700. RESOLUTION: In response to testimony by witnesses for DRA and the City, San Gabriel agrees to revise its estimate of Test Year Chemicals Expense to $690,600. The revised estimate removes the double counting of a carbon change-out cost at Plant F10 and corrects the recorded amount for 2010 Materials and Supplies subaccount. XXX accepts the corrected estimate. Issue SGV Direct SGV Rebuttal DRA Report Difference Settlement Chemicals $877,600 $690,600 $893,700 -$203,100 $690,600 REFERENCES: Exhibit SG-1, Table 5B; Exhibit SG-6 (XxXxxxxxx), pp. 19-20; Exhibit DRA-1 (Xxxxxx), p. 3-6 to 3-7; Exhibit SG-19-C (XxXxxxxxx), p. 4-5; Exhibit SG-9 (Xxxxx), p. 6; Exhibit SG-22 (Xxxxx), p 1; Exhibit CF-1 (Ramas), pp. 21-24.
Operation Expenses a. Lessee's Pro Rata Share of Operation Expenses relating to the 1605 Xxxxx Building shall mean 100%. The Expansion Premises have been measured in accordance with the BOMA standard: single tenant industrial – to the drip line. Lessor and Lessee agree that the approximate 7,500 rentable square foot second floor space to be constructed by Lessor pursuant to the Work Letter ("2nd Floor") but shall be subject to re-measurement by Lessor upon Substantial Completion of Lessor's Work in accordance with such BOMA standard. If the rentable square feet of the 2nd floor upon such re-measurement is more or less than 7,500 rentable square feet, Lessor and Lessee shall amend the Lease to reflect the rentable square feet of the Expansion Premises and the resulting change to Lessee's pro rata share of Park Expenses.
Operation Expenses. Any other necessary sub-accounts shall be used. All Costs and Expenses, regardless of classification, shall be recovered as per Article 11 of the Agreement.
Operation Expenses. Tenant shall, during the entire term hereof, pay to Landlord Tenant's percentage share of the amount by which all Operating Expenses paid or incurred by Landlord in any Lease Year exceed Base Operating Expenses. The amount of all sums payable hereunder shall be paid by Tenant to Landlord in the manner set forth in paragraph 7 below.
Operation Expenses. 1996 Base Year Expense Stop.
Operation Expenses. 3 9. Taxes ............................................... 5 10. Utilities ........................................... 6
Operation Expenses. Section 1. Except as is expressly provided in this Lease, it is agreed that this Lease is a “net, net, net” lease and that all costs, expenses and obligations of every kind and nature whatsoever relating to the Leased Premises, including all costs with respect to the ownership, maintenance and operation thereof, which may arise or become due during the Term shall be Tenant’s responsibility and obligation. It is the purpose and intent of Landlord and Tenant that the fixed annual Minimum Rent provided for pursuant to the terms of this Lease be absolutely net to Landlord and that all costs and expenses and obligations of every kind and nature whatsoever relating to the Leased Premises (other than Landlord’s Taxes) be Tenant’s obligation. Nothing in this Lease shall be construed to mean that Tenant has any obligation to pay or perform any obligation undertaken by Landlord in connection with any debt of Landlord secured by the Leased Premises.
Operation Expenses a. As of the Effective Date, the same process as detailed above will be followed for all supplier/vendor invoices that are due solely and directly to the operation of the Arkansas Plant for the term of this Agreement. Some of these bills include, but are not limited to, electricity, water, gas, etc.
Operation Expenses. Upon the Closing, all administrative and operating costs, expenses, liabilities and fees incurred by the Company shall be borne by the Company.
Operation Expenses. REFERRAL AGENT shall be responsible for all expenses, without limitation, in conjunction with the operation of its office and its business including the computation and payment of all sales commissions earned by its sub-agents and sales representatives, if any, as a result of their sales. REFERRAL AGENT specifically acknowledges that KGFA shall not be liable in any manner for any payments due from REFERRAL AGENT to any person for any reason. Further, REFERRAL AGENT shall be responsible for managing the activities of any such agents or sales representatives and for any action by any such agents or representatives taken in conjunction with the sales of KGFA programs.
