Examples of Agreed Expenses in a sentence
The Agreed Expenses shall equal to amount obtained by, using the applicable month from 2002, (x) subtracting the 2002 applicable month’s kilowatt hours or gallons, as applicable, used from the current month’s kilowatt hours or gallons used, (y) dividing the difference by the current month’s kilowatt hours or gallons used, and (z) multiplying that fraction by the total bxxx for the current month that exceeds the total Operating Expenses of the Building for the base year (the “Additional Costs”).
All Expenses up to the amount of the Agreed Expenses incurred during each week of the Sale (i.e., Sunday through Saturday) shall be paid by Merchant as provided for herein, subject to reimbursement by Agent immediately following the weekly Sale reconciliation pursuant to Section 3.6. Agent and/or Merchant may review or audit the Expenses at any time.