Owner Expenses. Except as otherwise expressly provided herein, the Owner shall bear all of the expenses of operating and financing the Facility and rendering resident services not assumed by the Manager, and without limiting the generality of the foregoing, it is specifically agreed that the following expenses of the Facility shall not be borne by the Manager:
Owner Expenses. Except as otherwise expressly provided in this Agreement, the Owner shall bear all of the expenses of operating and financing the Facility and rendering resident services not expressly assumed by the Manager, including, without limitation the following:
Owner Expenses. Owner shall be responsible for all out-of-pocket expenses related to the upkeep, maintenance, repair or restoration of the Property.
Owner Expenses. There are certain expenses associated with owning and managing a rental property which you are responsible for covering:
Owner Expenses. Company agrees to secure prior approval from Owner for all expenditures in excess of $150.00 for any one item purchased, or repaired with the exception of monthly or recurring operating charges and/or emergency repair in excess of the maximum if, in the opinion of the Company, such repairs are necessary to protect the Premises from damage or to maintain services for the rental guest during occupancy. Except as specifically limited by this Agreement, Owner authorizes Company to incur such expenses on Owner's behalf as Company reasonably deems necessary to bring Premises to rental condition, or to maintain such rental condition, according to the standards set by the Company. The Company reserves the right to require a minimum balance (non-interest bearing) be left in the Owner's account to cover future expenditures.
Owner Expenses. Subject to the other terms of this Agreement, Owner shall be responsible for the payment of all costs and expenses incurred in the ordinary course of business in the operation of each Theatre and directly attributable to such Theatre, including: (a) incurred under the Global Contracts and allocated to the Theatres in accordance with Section 1.2(d); (b) that are employment expenses with respect to Theatre-Level Employees; (c) that are service or engagement fees payable to service providers with respect to services performed exclusively at or for the benefit of a Theatre (“Theatre-Level Services”); (d) incurred to procure supplies used at a Theatre or permits and licenses used to operate a Theatre (“Theatre-Level Supplies”); (e) arising from real property transferred to Owner pursuant to the ATA, including property taxes or rental with respect to such real property (“Real Property Expenses”); and (f) expenses expressly identified in this Agreement as an Owner Expense; in each case of the foregoing, whether such costs or expenses are incurred directly by Owner or incurred by AMC in connection with the provision of the Services hereunder, including those expenses described on Schedule IV hereto (collectively the “Owner Expenses”); provided, that, the Owner Expenses shall not include any AMC Overhead Costs, and amounts payable or incurred under any Contracts related to the Reserved Operations shall be excluded from Owner Expenses (together with AMC Overhead Costs, the “Excluded Amounts”). Owner Expenses shall not be subject to any mark up by AMC. Upon Owner’s request and to the extent available or retrievable, AMC will promptly provide Owner with the original third-party invoice for a specific Owner Expense.
