Amenity expenses definition
Amenity expenses means the costs of owning,
Amenity expenses means costs of operating, maintaining and repairing the Amenities; provided, however, that Amenity Expenses shall exclude (i) capital expenditures of any type, and (ii) costs of electricity, janitorial service, and insurance). If, during any portion of the Base Year or any Expense Year, the Building is not 100% occupied (or a service provided by Landlord to Tenant is not provided by Landlord to a tenant that provides such service itself, or any tenant of the Building is entitled to free rent, rent abatement or the like), Expenses for such year shall be determined as if the Building had been 100% occupied (and all services provided by Landlord to Tenant had been provided by Landlord to all tenants, and no tenant of the Building had been entitled to free rent, rent abatement or the like) during such portion of such year. Notwithstanding any contrary provision hereof, Expenses for the Base Year shall exclude (a) any market-wide cost increases resulting from extraordinary circumstances, including Force Majeure (defined in Section 25.2), boycotts, strikes, conservation surcharges, embargoes or shortages, and (b) at Landlord’s option, the cost of any repair or replacement that Landlord reasonably expects will not recur on an annual or more frequent basis.
Amenity expenses means all costs, whether direct or 1227 indirect, of owning, operating, managing, maintaining, and 1228 insuring privately-owned recreational amenities that are made 1229 available to parcel owners pursuant to a recreational covenant. 1230 The term includes maintenance expenses; cleaning fees; trash 1231 collection expenses; utility charges; cable service charges; 1232 legal fees; management fees; reserve funding expenses; the cost 1233 of repairs, replacement, and refurbishments; payroll and payroll 1234 costs; insurance; working capital; ad valorem or other taxes, 1235 excluding income taxes; and costs, expenses, levies, and charges 1236 of any nature that may be levied or imposed against, or in 1237 connection with, the privately-owned recreational amenities made 1238 available to parcel owners pursuant to a recreational covenant. 1239 Amenity expenses are not homeowners' association assessments as 1240 defined in s. 720.301. 1241 (3) "Amenity fees" means any amounts, other than amenity 1242 expenses, that are levied against a parcel owner for membership 1243 to or use of privately-owned recreational amenities in 1244 accordance with a recreational covenant. Amenity fees may be 1245 comprised, in part, of profit or other components to be paid to 1246 a private amenities owner as set forth in a recreational 1247 covenant, which are not otherwise categorized as amenity 1248 expenses in this part. Amenity fees are not homeowners' 1249 association assessments as defined in s. 720.301. 1250 (4) "Private amenities owner" means the record title owner