Annual Expenses definition

Annual Expenses. Note: See
Annual Expenses. The yearly total of payments of cash or incurrence of a liability for the purpose of acquiring assets, or services or settling losses. Assets: A probable future economic benefit obtained or controlled by a particular entity as a result of past transactions or events. These economic resources can be tangible or intangible. Assets might be financial in nature (like cash and accounts receivable) or nonfinancial (like buildings and equipment). Audit: A systematic collection of the sufficient, competent evidential matter needed to attest to the fairness of management’s assertions in the financial statements or to evaluate whether management has efficiently and effectively carried out its responsibilities. The auditor obtains this evidential matter through inspection, observation, inquiries, and confirmations with third parties. Refer to Compliance Audit, Corrective Action Plan, Financial Audit, Performance Audit, and Single Audit. Balance Sheet: A financial statement that discloses the assets, liabilities, and equities of an entity at a specified date in conformity with generally accepted accounting principles (GAAP). Also, referred to as the Statement of Financial Position or Statement of Net Assets (not to be confused with Statement of Net Position, see below).
Annual Expenses means, for any Lease Year, all reasonable and necessary direct, out-of-pocket expenses and disbursements which Lessee shall pay during the Lease Year because of or in connection with the ownership, or operation, maintenance of the Project including deposits into any replacement reserve as required by a City loan agreement, and such other uses as may be approved in writing by the City.

Examples of Annual Expenses in a sentence

  • For purposes of completing the client account paperwork: The Firm defines Annual Expenses as expenses that may include, but not be limited to mortgage payments, rent, long-term debts, utilities, alimony or child support payments, etc.

  • Maintenance, Janitorial, Graffiti Removal, Sweeping and Steam Cleaning Expenses: Provide your detailed breakdown Total Estimated Annual Expenses associated with the maintenance, janitorial, abandoned property, prompt graffiti and waste removal (including human waste), sweeping and steam cleaning required to maintain a consistent high level of cleanliness and maintenance.

  • Provide a good-faith breakdown Total Estimated Annual Expenses associated with the operating expenses, including salaries and hourly wages (by employee classification) paid to employees, which you propose during the entire five-year term (if annually renewed) of the Contract.

  • For any Lease Year consisting of only a partial calendar year, the Residual Receipts Rent accrued and due for that partial Lease Year shall be determined by reference to the Gross Revenue and the Annual Expenses for the partial Lease Year.

  • One Time Expenses 300 400 500 Monthly Annual Expenses Annual Annual Annual Labour costs 100 dollar 100 USD 100 USD My pricing strategy will be value based that is to say, based on my competitive advantage and brand (received value) My current location is the best because it has an adequate parking for my customers, its proximity to major roads and public transport, its convenient location for customers, it is chose to water some.


More Definitions of Annual Expenses

Annual Expenses. Annual expenses: income from financial activity, 1994 - $2 600 thousand expenses, profit. Possible for 1994, 1995 - $4 400 thousand 1995, 1996 years 1996 - $2 600 thousand
Annual Expenses mean the Fund’s pro-rata portion of all fees, costs and expenses connected with the management and operation of the Company and all fees, costs and expenses connected with the management and operation of Fund (with the exception of the fees and expenses of the Manager and its out-of-pocket expenses which are excluded) including, but not limited to, the fees and expenses (including out of pocket expenses) of the service providers to the Fund, such as the fees and expenses payable to the Depositary (including fees and transaction charges (which shall be at normal commercial rates) and reasonable out-of pocket expenses of any sub-custodian), the Investment Manager, the Administrator and the Distributor, the operational expenses, the Directors fees and out of pocket expenses, the audit fees, the fees of the tax and legal advisors, the company secretarial fees, the money laundering reporting officer fees and foreign registration fees. "Annual Expenses" shall not, however, include any taxation (including stamp duty) to which the Company may be liable, commissions, brokerage fees and other expenses incurred with respect to the investments of the Fund and any extraordinary or exceptional costs and expenses as may arise from time to time such as material litigation in relation to the Company or the Fund. The foregoing fees, costs and expenses, where arising, will be borne by the Company or the Fund, as applicable.
Annual Expenses. As defined in Section 23.01.
Annual Expenses means those Expenses incurred or to be incurred, as the case may be, by the Association in a particular financial year in furthering the objects and purpose of the Constitution, as contemplated and envisaged in clauses 6 and 7 of this Constitution;
Annual Expenses means the total of all expenses incurred during the year plus an estimate of family living expenses.
Annual Expenses means all expenses (excluding VAT and exceptional costs (where agreed with the Board and the auditors of the Company) and any increase in the fee payable under clause 6 resulting from a re-negotiation of the fee pursuant to clause 6.4) of the Company which it incurs during a financial year (as defined by section 390 of the Companies Act 2006) including without prejudice to the generality of the foregoing: (i) all amounts payable to the Investment Adviser pursuant to this Agreement (before taking account of any reduction pursuant to clause 6.6); (ii) the remuneration and any expenses payable to the directors and other officers and employees of the Company; (iii) the remuneration and any expenses payable to the Company’s stockbrokers, registrars, VCT Status Monitors, the company secretary, any firm or entity providing administration services to the Company, solicitors and Company’s Auditors including all annual trail commission payable to independent financial advisers;
Annual Expenses. Property Tax : $2003 Commercial Insurance: $2900 Common area electric: $145 Water/Sewer/Trash pickup: $2600 Repairs/Maint.: $1000