Excess Expenditures shall have the meaning set forth in Section 2.

Excess Expenditures means the amount under A.R.S. § 42-17051(C) that is certified by the Auditor General’s office.

Excess Expenditures means the difference between:

Examples of Excess Expenditures in a sentence

Excess Expenditures during any period specified above shall be carried forward and credited against Expenditures required in the subsequent period or periods.
Upon receipt of such account, the Participating Parties shall advance to the Joint Venture Account, within 30 days, funds representing their share of such overrun, provided, however, that any expenditures made by the Operator in excess of 120% of the total expenditure projection for the Work Plan and Budget then in effect (the "Excess Expenditures") shall be the sole responsibility of, and for the sole account of, the Operator unless approved pursuant to this section 3.4(c).
Excess Expenditures approved pursuant to this section 3.4(c) shall be included in the calculations provided for under section 3.4(d).
In doing so, Operator shall keep Owner timely informed and obtain Owner’s prior approval for any expenditures that are not set forth in the Annual Maintenance Plan or that do not qualify as Permitted Excess Expenditures.
Excess Expenditures for subsequent, additional City requested or ordered Special Facilities may be added to the Tracker Account balance at any time to the extent additional Excess Expenditures are incurred by Company.

More Definitions of Excess Expenditures

Excess Expenditures shall have the meaning set forth in section 6.3.

Excess Expenditures means the amount by which all Cap Ex Expenditures exceed $486,251.

Excess Expenditures is defined in Section 2.6(b).

Excess Expenditures means, for each calendar year (commencing with 1998) or portion thereof, the excess of (a) the capital expenditures (including without limitation interest) made by the Partnership as reasonably determined by the General Partner to be reasonably required in respect of the Property for such calendar year or portion thereof over (b) four (4) percent of the Gross Revenues (as defined in the Management Agreement) from the Property for such calendar year or portion thereof (annualized for partial years).

Excess Expenditures has the meaning set forth in Section 7.3(b) (Budgets – Flexibility to Overrun).

Excess Expenditures means the amount certified by the Auditor General’s office.

Excess Expenditures means that portion of costs of Cost Shareable Infrastructure which exceeds a developer’s proportionate share of the infrastructure costs. In the absence of the RIS Fund, Excess Expenditure costs for Cost Shareable Infrastructure are recovered from Subsequent Developers through charges to Subsequent Developers as conditions of their subdivisions or development permits.