Asset Expenses definition

Asset Expenses has the meaning assigned to such term in Section 9.04(b)(i) of this Agreement.
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Asset Expenses means all customary asset expenses including purchase, delivery, installation, operation and maintenance of fleet-as-a-service projects, inclusive of Bus Assets and Charging Assets.
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Asset Expenses has the meaning set forth in Section 2.3(a)(ii).
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Examples of Asset Expenses in a sentence

  • The Servicer shall, in the course of providing the Services hereunder, use reasonable efforts to achieve the Initial Budgets during the Initial Period and to achieve the Operating Budget and the Asset Expenses Budgets for and during each One Year Period.

  • Nothing contained in this Section 9.06 shall be deemed to impose on the Servicer any obligation to advance any of its own funds for any Aircraft Asset Expenses.

  • The initial Operating Budget and the initial Asset Expenses Budget for the Initial Period (together, the “Initial Budgets”) shall be adopted by each Person within the Serviced Group by the Initial Closing Date in substantially the form attached hereto as Exhibit A.

  • The Operating Budget and Asset Expenses Budget for each One Year Period during the term of this Agreement shall be adopted by each Person within the Serviced Group in accordance with Section 7.05(c).

  • The approved Lease Operating Budget and Aircraft Asset Expenses Budget for any Year, as each may be amended or modified from time to time, shall hereinafter be referred to as the “Approved Budget”.

  • The characters of expenditure consist of three major divisions: Operating Expenses, Fixed Asset Expenses, and Debt Service Expenses.

  • The Insurer shall be liable for Deprivation of Asset Expenses and Expenses (other than regular or overtime wages, salaries, fees or benefits of the Insured Persons or Employees of the Company) in excess of the applicable Retention under Insuring Clauses A.1Directors & Officers Liability.

  • The format for the Operating Budget and Asset Expenses Budget for future Years may be modified by AerCo with the consent of the Servicer, which consent shall not be unreasonably withheld.

  • We strongly recommend that charities working with vulnerable people, with positions which are eligible to obtain Disclosures from the Criminal Records ureau (CRB), should do so.

  • Subject to Section 2.5, (i) 95% of all Asset Expenses that are incurred with respect to operations conducted or production prior to the Effective Time shall be paid by or allocated to CNX Gathering and (ii) all Asset Expenses that are incurred with respect to operations conducted or production from and after the Effective Time shall be paid by or allocated to DevCo I LP or SP Holdings.


More Definitions of Asset Expenses

Asset Expenses has the meaning assigned to such term in Section 9.03(b) of this Agreement. “Assets” means (i) all Airframes, Engines and related lease interests owned by any Person within the Serviced Group or over which any Person within the Serviced Group holds a security interest as of the Closing Date or at any time or from time to time thereafter (taking into account any acquisitions or dispositions made in accordance with this Agreement) and (ii) all Loan Assets made by any Person within the Serviced Group; provided, however, that Assets shall not include any Asset (x) that shall have ceased to be an Asset pursuant to this Agreement, or (y) in respect of which the Servicer or the Borrower shall have terminated the Servicer’s obligation to provide Services in accordance with Article X of this Agreement. “Bank Accounts” has the meaning assigned to such term in Section 6.01(b) of Schedule 2.02
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Asset Expenses has the meaning assigned to such term in Section 9.04(b)(i) of this Agreement. “Asset Expenses Budget” has the meaning assigned to such term in Section 7.05(a)(B) of this Agreement. “Assets” means all Airframes and Engines and related lease interests owned by any Person within the Serviced Group as of the Initial Closing Date or, in the case of any Asset acquired by any Person within the Serviced Group after the Initial Closing Date, including any Replacement Assets, as of the applicable Delivery Date; provided, however, that Assets shall not include any Asset (x) that shall have ceased to be an Asset pursuant to this Agreement, or (y) in respect of which the Servicer, WEST or the Noteholders shall have terminated the Servicer’s obligation to provide Services in accordance with Article 10 of this Agreement. “Assigned Leases” has the meaning assigned to such term in Section 2.01 of the Security Trust Agreement. “Bank Accounts” has the meaning assigned to such term in Section 6.01(b) of Schedule 2.02
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Related to Asset Expenses

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Permitted Expenses shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Property Expenses means the costs (including, but not limited to, payroll, taxes, assessments, insurance, utilities, landscaping and other similar charges) of operating and maintaining any Eligible Property, which are the responsibility of the Borrower or the applicable Guarantor that are not paid directly by the tenant, including without limitation, the Annual Capital Expenditure Reserve and the greater of (a) 3% of rents and (b) actual management fees paid in cash, but excluding depreciation, amortization and interest costs.