Controllable Operating Costs definition

Controllable Operating Costs means all Operating Costs of every kind and nature other than (i) real estate taxes; (ii) costs of insurance; (iii) costs of water, sewer, electricity, natural gas and other utilities; (iv) costs of snow and ice removal; (v) costs related to Tenant’s management (or, if requested by Tenant, Landlord’s provision) of security pursuant to Section 5.7; and (vi) costs related to Landlord’s General Building Service Obligations requested by Tenant pursuant to Section 5.8.

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Controllable Operating Costs means all Operating Costs other than taxes, utilities, insurance, and any other cost or expense beyond Landlord’s reasonable control.

Controllable Operating Costs means all Direct Costs except Tax Costs, utility charges, insurance costs, trash collection costs, costs of services provided under a union contract, payments under CC&R's or to an owners' association, capital expenditures that are permitted herein, and costs associated with repairs due to casualty.

Examples of Controllable Operating Costs in a sentence

For purposes of calculating Total Operating Costs, Controllable Operating Costs (as hereinafter defined) shall be deemed to have increased by the actual amount of such increase over the preceding year, but not to exceed six percent (6%) (on a cumulative basis) of such actual (i.e. following end of year reconciliation) costs in each year of this Amendment commencing on the Commencement Date.
The Controllable Operating Cost Share Rent (defined below) applicable to the second fiscal year of the Lease shall be the lesser of (i) Tenant’s Proportionate Share of Controllable Operating Costs during the second fiscal year, or (ii) the sum of Tenant’s Proportionate Share of Controllable Operating Costs for the first fiscal year, plus 4% (such sum is the “Cap Amount”).
For purposes of calculating Total Operating Costs, Controllable Operating Costs (as hereinafter defined) shall be deemed to have increased by the actual amount of such increase over the preceding year, but not to exceed five percent (5%) (on a cumulative basis) of such actual (i.e. following end of year reconciliation) costs in each year of this Amendment commencing on the Commencement Date.
The Controllable Operating Cost Share Rent applicable to each fiscal year thereafter shall be the lesser of (i) Tenant’s Proportionate Share of Controllable Operating Costs during the applicable fiscal year, or (ii) the sum of the Cap Amount for the immediately preceding fiscal year, plus 4%.
To avoid any confusion, Business Park Costs shall be deemed Controllable Operating Costs.

More Definitions of Controllable Operating Costs

Controllable Operating Costs means all Operating Costs exclusive of the cost of insurance, utilities, taxes, capital improvements, refuse removal, lawn maintenance, nonrecurring maintenance, repairs and clean up, and janitorial services.

Controllable Operating Costs shall include all Total Operating Costs with the exception of Real Property Taxes, Building insurance costs, utilities, management fees not to exceed five percent (5%) and any research park fees.

Controllable Operating Costs means wages, salaries and other compensation and benefits paid to Landlord’s non-union employees engaged in the operation, management, maintenance or security of the Project, any management fee paid to any affiliate of Landlord and any rental paid for any management office of the Project.

Controllable Operating Costs means all Operating Costs other than costs related to Taxes (as defined below) insurance, collectively bargained union wages, electricity and other utilities (herein, “Non-Controllable Operating Costs”). There shall be no cap on Non-Controllable Operating Costs. Assume, for example, Controllable Operating Cost Share Rent for the first fiscal year of $100.00. In the second fiscal year, Controllable Operating Cost Share Rent would be the lesser of (i) Tenant’s Proportionate Share of Controllable Operating Costs for the second fiscal year, or (ii) $104.00 ($100.00 plus 4%, which would be the Cap Amount). In the third year, Controllable Operating Cost Share Rent would be the lesser of (i) Tenant’s Proportionate Share of Controllable Operating Costs for the third fiscal year, or (ii) $108.16 ($104.00 plus 4%, which becomes the Cap Amount for the following year).

Controllable Operating Costs means all Operating Costs other than costs for taxes, insurance, utilities, and snow/ice removal costs, and (to the extent not applicable to the Building’s Structure) costs incurred to comply with governmental requirements.

Controllable Operating Costs means all Operating Costs other than Taxes, insurance premiums, association assessments, security, utilities and trash removal. Notwithstanding, security will be a Controllable Operating Cost if the contract for the provision of security services was not competitively bid to at least two bidders.

Controllable Operating Costs means all costs associated with the operation and maintenance of the Real Estate and/or the Building that are not otherwise hereinafter defined as Uncontrollable Operating Costs.