BASE PERIOD COSTS definition

BASE PERIOD COSTS means the following:
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BASE PERIOD COSTS. As to the following:
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BASE PERIOD COSTS means those costs charged to Sublessor (as Tenant under the Xxxxxxxxx) by the Overlandlord as Additional Rent (pursuant to Paragraph 4 of the Xxxxxxxxx) for the twelve (12) month period commencing on the Commencement Date. Notwithstanding the foregoing, Sublessee shall be responsible for any and all additional costs billed to Sublessor by the Overlandlord, as a result of Sublessee's use and occupancy of the Demised Premises. Sublessee shall also pay to Sublessor, with each installment of monthly Fixed Rent, such sum as Sublessor is required to pay to the Overlandlord for the Electric Energy Charge pursuant to Preamble Paragraph 13 of the Xxxxxxxxx.
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Examples of BASE PERIOD COSTS in a sentence

  • It is expressly agreed that Lessee will pay in addition to the Term Fixed Basic Rent provided in Section 3 above, an Additional Rent to cover Lessee's Percentage, as defined on the Reference Page, of the increased cost to Lessor, for each of the categories enumerated herein, over the "BASE PERIOD COSTS," as defined on the Reference Page, for said categories.


More Definitions of BASE PERIOD COSTS

BASE PERIOD COSTS means Lessee’s Percentage (as hereinafter defined) of Base Year Real Estate Taxes. The term “Base Year” shall mean the calendar year 2012. However, if and when any added assessment is imposed on the Property as a result of the current Building renovations undertaken by Lessor in accordance with the Montclair Board of Adjustment Resolution, dated February 16, 2011, the “Base Year” shall mean the first calendar year in which the Building is fully assessed (taking into account the current Building renovations) for real estate tax purposes. For example, if as a result of the current Building renovations being performed by Lessor, the tax assessor imposes an added assessment for the year 2012 or subsequent year, then commencing 2013, or the calendar year after the Building is fully assessed, the Base Year shall be adjusted to mean the 2012 calendar year or the year the Building was fully assessed.
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Related to BASE PERIOD COSTS

  • Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected to stagger its biennial reviews of utilities as provided in subdivision 1, the test period ending December 31, 2010, for a Phase I Utility, or December 31, 2011, for a Phase II Utility), or (ii) the most recent test period with respect to which credits have been applied to customers' bills under the provisions of this subdivision, whichever is later.

  • Base Period Income is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Base Pay means Executive’s annual base salary rate as in effect from time to time.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Manufacturing Costs means [***].

  • Controllable Expenses means all expenses, other than Uncontrollable Expenses, incurred by the Company or any Subsidiary of the Company with respect to the Property.

  • Manufacturing Cost means [***].

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.