Basic Cost definition
Basic Cost means the product of (i) Usage multiplied by (ii) Landlord's Rate.
Basic Cost means all expenses and disbursements of every kind (subject to the limitations set forth below) which Landlord incurs, pays or becomes obligated to pay in connection with the ownership, operation, and maintenance of the Building (including the associated parking facilities), determined in accordance with generally accepted federal income tax basis accounting principles consistently applied, including but not limited to the following:
Basic Cost means the total cost of construction, replacement, maintenance or repair (as applicable) of a four (4) foot high, 1-1/2 inch mesh, steel chain link fence;
Examples of Basic Cost in a sentence
The Basic Cost (other than the first year in which the Building is occupied) and Expense Stop shall be prorated for any portion of the Term which is less than a full calendar year.
The Excess may be calculated and collected annually in arrears on a calendar year basis and, in such event, shall be due within thirty (30) days after Landlord furnishes to Tenant a written statement (the “Annual Operating Statement”) reflecting the Basic Cost for the calendar year (as may be adjusted as provided herein) and calculating the Excess, if any.
The Incremental Cost (I) is established as the difference between the Total Cost and the Basic Cost.
Tenant shall pay the Excess in the Basic Cost over the Expense Stop as such terms are defined in Exhibit C.
Rates must be quoted by the bidder in the Commercial Bid on F.O.R. basis at Naval Ship Repair Yard (Kochi) including the Basic Cost, GST or any other applicable charges.
More Definitions of Basic Cost
Basic Cost means the cost of constructing a new Division Fence or replacing an existing Division Fence with a new Division Fence that is a chain-link Fence:
Basic Cost for a wholesaler means the actual cost of the selected class I or class II dairy product purchased from the processor or another wholesaler.
Basic Cost means all expenses and disbursements of every kind (subject to the limitations set forth below) which Landlord incurs, pays or becomes obligated to pay in connection with the ownership, operation, and maintenance of the Building (including appurtenant rights and easements and the associated parking facilities), determined in accordance with generally accepted federal income tax basis accounting principles consistently applied, including but not limited to the following:
Basic Cost means the cost of constructing, reconstructing or repairing a division fence of any kind that is an amount of money equal to the cost of the construction, reconstruction or repair of a four (4) foot high steel chain link fence shall:
Basic Cost means the cost of installing a 1.2 metre high steel chain link fence as a division fence;
Basic Cost means a nominal price or any other price, less the costs of distribution, to which shall
Basic Cost. The actual costs incurred by the Landlord in operating and maintaining the Building and the Land during each calendar year of the Expansion Premises Term for which Landlord has not been reimbursed by insurance proceeds, condemnation awards or otherwise. Such costs shall include, by way of example rather than of limitation, (i) charges or fees for, and taxes on, the furnishing of electricity, water, sewer service, gas, fuel, or other utility services to the Building and the Land; (ii) costs of providing elevator, janitorial, trash, snow removal service, restriping, resurfacing, maintaining and repairing all walkways, roadways and parking areas on the Land, security costs, and cost of maintaining grounds, common areas, signage, and mechanical systems, sanitary sewer and drainage of the Building and the Land; (iii) all other costs of maintaining and repairing any or all of the Building or Land; (iv) all costs reasonably allocated by Landlord to the common areas of the Building and the Land in a multi-building development; (v) charges or fees for any necessary governmental permits and licenses (exclusive of any relating to any tenant’s premises); (vi) management fees, overhead and expenses reasonably related to management of the Building (including salaries for personnel directly or indirectly responsible for management and operation of the Building); (vii) premiums and payment of deductibles for hazard, liability, workmen’s compensation or similar insurance upon any or all of the Building and the Land; (viii) costs arising under service contracts with independent contractors; and (ix) the cost of any other items which, under generally accepted accounting principles consistently applied from year to year with respect to the Building or the Land, constitute operating or maintenance costs attributable to any or all of the Building or the Land; provided, however, if Landlord installs new or replacement equipment intended to reduce operating costs, then Landlord shall have the right to amortize the capital costs so incurred (“Permitted Capital Costs”) as part of Basic Costs on a straight line basis over the reasonable useful life thereof.