Excluded Operating Expenses definition
Excluded Operating Expenses means any operating expenses comprised of Pass-Through Amounts excluded from any applicable determination of revenue, and, with respect to the Canadian Securitization Entities, Weekly Management Fees, Excess Canadian Weekly Management Fees and any lease or similar expenses to the extent payable pursuant to priority (xxvi) of the Priority of Payments.
Excluded Operating Expenses means any operating expenses comprised of Pass- Through Amounts excluded from any applicable determination of revenue, and, with respect to the Canadian Securitization Entities, Weekly Management Fees, Excess Canadian Weekly Management Fees and any lease or similar expenses to the extent payable pursuant to priority (xxvi) of the Priority of Payments. “Existing Local Securitization-Owned Location Accounts” has the meaning specified in Section 5.7(a)(ii) of the Base Indenture. “Extension Period” means, with respect to any Series or any Class of any Series of Notes, the period from the Series Anticipated Repayment Date (or any previously extended Series Anticipated Repayment Date) with respect to such Series or Class to the Series Anticipated Repayment Date with respect to such Series or Class as extended in connection with the provisions of the applicable Series Supplement. “FDIC” means the U.S. Federal Deposit Insurance Corporation. “Final Series Legal Final Maturity Date” means the Series Legal Final Maturity Date with respect to the last Series of Notes Outstanding. “Financial Assets” has the meaning set forth in Section 5.8(b) of the Base Indenture. “Financing Lease Obligations” of any person means, at the time any determination thereof is to be made, the amount of the liability in respect of a financing lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) in accordance with GAAP; provided that any liability of Parent and the Parent Consolidated Subsidiaries in
Excluded Operating Expenses means utility costs, insurance premiums (excluding workers 20 compensation), cart and equipment lease payments, Capital Improvements, personal property taxes, ANAHEIM golf administrative costs and/or overhead that is, as of the Effective Date, 21 approximately $835,000, and any possessory interest taxes owed by ANAHEIM. 22 Furnishings and Equipment means all furniture, furnishings, trade fixtures, apparatus and 23 equipment, including golf course maintenance vehicles and equipment, golf carts, driving range pickers and pullers, mats, buckets, cash registers, rental golf clubs, ball washers, benches, 24 uniforms, and other personal property used in or held in storage for use in the operation of the Project, other than Operating Inventory and fixtures attached to and forming part of the 25 Improvements.
Examples of Excluded Operating Expenses in a sentence
Notwithstanding anything in this Lease to the contrary, Landlord and its agents shall have the right to access the Real Property for the purposes of repair and maintenance of items comprising Excluded Operating Expenses in connection with such other tenant(s)’ space.
Landlord’s limit of Operating Expenses shall not include electrical costs, real estate taxes or insurance expense and any other expenses outside the reasonable control of Landlord (the “Excluded Operating Expenses”), however, such Excluded Operating Expenses shall be limited to actual expenses as reasonably incurred by the Landlord in the normal operation of the Building and the Property.
More Definitions of Excluded Operating Expenses
Excluded Operating Expenses shall have the meaning set forth in Section 6.1.
Excluded Operating Expenses means utility costs, insurance premiums (excluding workers 25 compensation), cart and equipment lease payments, Capital Improvements, personal property 26 taxes, any legal and/or attorneys’ 27 fees or costs (including any legal settlement costs) related to the Services and/or the management of the 20 Project, ANAHEIM golf administrative costs and/or overhead that is, as of the Effective Date, approximately $835,000, and any possessory interest taxes owed by ANAHEIM. 22 Furnishings and Equipment means all furniture, furnishings, trade fixtures, apparatus and 23 equipment, including golf course maintenance vehicles and equipment, golf carts, driving range pickers and pullers, mats, buckets, cash registers, rental golf clubs, ball washers, benches, uniforms, and other personal property used in or held in storage for use in the operation of the Project, other than Operating Inventory and fixtures attached to and forming part of the 25 Improvements.
Excluded Operating Expenses means any operating expenses comprised of Pass- Through Amounts excluded from any applicable determination of revenue, and, with respect to the Canadian Securitization Entities, Weekly Management Fees, Excess Canadian Weekly Management Fees and any lease or similar expenses to the extent payable pursuant to priority (xxvi) of the Priority of Payments. “Existing Local Securitization-Owned Location Accounts” has the meaning specified in Section 5.7(a)(ii) of the Base Indenture. “Extension Period” means, with respect to any Series or any Class of any Series of Notes, the period from the Series Anticipated Repayment Date (or any previously extended Series Anticipated Repayment Date) with respect to such Series or Class to the Series Anticipated Repayment Date with respect to such Series or Class as extended in connection with the provisions of the applicable Series Supplement. “FDIC” means the U.S. Federal Deposit Insurance Corporation. “Final Series Legal Final Maturity Date” means the Series Legal Final Maturity Date with respect to the last Series of Notes Outstanding. “Financial Assets” has the meaning set forth in Section 5.8(b) of the Base Indenture. “Financing Lease Obligations” of any person means, at the time any determination thereof is to be made, the amount of the liability in respect of a financing lease that would at such time be required