Base Costs definition

Base Costs means costs other than the amount of any additional liability.

Base Costs means Landlord’s Costs incurred for or attributable to the 2005 calendar year.

Base Costs means the costs of the Staffing Requirements as agreed to by the Manager and CDS on no less than an annual basis which, for the initial purposes hereof, shall be the lesser of (i) all estimated employment expenses related to personnel employed by the Manager for Real Estate Assets in accordance with the Annual Business Plan and Budget, including salaries, wages, payroll taxes and the costs of employee benefit plans, or (ii) the actual employment expenses related to personnel employed by the Manager that are dedicated to providing services to CDS Entities hereunder; provided, that, Base Costs shall not include (i) the personnel or other expenses of CHCI’s homebuilding division or any of its Affiliates (other than Manager) (ii) the personnel or other expenses of CHCI’s services division or any of its Affiliates (other than Manager) including CDS Capital Management, L.C., or (iii) any interest, dividend or principal obligations of CHCI and its Affiliates as of the Effective Date, unless expressly set forth in the Annual Business Plan and Budget approved by the Manager and CDS..

Examples of Base Costs in a sentence

• The Contractor's compensation will be a maximum mark-up of five percent (5%) of the Subcontractors Base Costs for his overhead and profit.

• Base Cost is defined as the total of labor, material and equipment rentals as described in subparagraphs 12.4.3.1, 12.4.3.2 and 12.4.3.3. The actual net cost in money to the Owner for the change in the Work shall be computed as follows: .1 If the Contractor performs the change in the Work without use of Subcontractors or sub- subcontractors, his compensation will be the Base Costs as described above, plus a maximum mark-up of 15% for overhead and profit.

• The Contractor’s compensation will be a mark-up of ten percent (10%) of the Sub-subcontractor Base Costs.

• Contractor overhead and profit: If the Contractor performs the Change in the Work, his compensation shall be the Base Costs as described above, plus a mark-up of 20% on Base Costs less than or equal to $10,000.

• Subcontractor overhead and profit: If the work is performed by a Subcontractor, his compensation shall be the Base Costs as described above plus a mark-up as described in Paragraph 5.a. above for overhead and profit.

More Definitions of Base Costs

Base Costs means all capital and operating costs associated with Developing, delivering, and owning the project and related services over a pre-determined period of time.

Base Costs means Landlord's costs incurred for 1997 calendar year.

Base Costs means Tenant's Share of Capped Operating Expenses for calendar year 2008, determined as aforesaid, assuming the Base Rent Commencement Date had occurred on January 1, 2008. For calendar year 2009, Tenant shall not be required to pay that portion, if any, of the actual Tenant's Share of Capped Operating Expenses for such calendar year which exceeds 105.00% of the Base Costs amount (105.00% of the Base Costs amount being the Cap Amount applicable for the calendar year 2009). For each calendar year subsequent to the calendar year 2009, Tenant shall not be required to pay that portion, if any, of the actual Tenant's Share of Capped Operating Expenses for such calendar year which exceeds 105.00% of the Cap Amount applicable for the immediately preceding calendar year. Notwithstanding the foregoing, to the extent the actual Tenant's Share of Capped Operating Expenses for any calendar year exceeds the Cap Amount applicable for such calendar year (an "Excess"), such Excess shall be recoverable by Landlord from Tenant to the extent the actual Tenant's Share of Capped Operating Expenses for any one or more calendar years is less than the Cap Amount applicable for any such one or more calendar years. The amount of any Excess recoverable by Landlord pursuant to Section 4.2(c) of this Lease shall be payable to Landlord within 30 days following determination from time to time, based on final reconciliation of actual Capped Operating Costs for any calendar year, that Landlord is entitled to recovery of any portion of such Excess.

Base Costs means costs other than the amount of any additional liability (CPD, para 2.2).

Base Costs. As used in this Lease, the term "Base Costs" shall mean Tenant's Percentage of Operating Expenses, Insurance Costs and Utilities Costs, respectively, incurred and paid by Landlord during calendar year 2014 (the "Base Year").

Base Costs means Tenant's Percentage of Operating Expenses, Insurance Costs and Utilities Costs, respectively, incurred and paid by Landlord during calendar year 2014 (the "Base Year").

Base Costs means Tenant’s Percentage of Operating Expenses, Taxes, Insurance Costs and Utilities Costs, respectively, incurred and paid by Landlord during calendar year 2011 (the “Base Year”). Base Costs are included in the Monthly Base Rent.