Expense Component definition

Expense Component means the total expenses and income charges for an annual period that are attributable to a particular element or category;
View Source

Examples of Expense Component in a sentence

  • As occupancy of the Air Park changes from time to time during the Term, Landlord and Tenant have agreed to adjust Base Rent in the manner provided in this Section 7.02, to reflect a reallocation of the Expense Component among the Air Park tenants.

  • The Expense Component is not refundable to Customer, and shall be deemed earned by THE CITY OF upon receipt.

  • The foregoing notwithstanding, Tenant shall, under certain circumstances, be entitled to a rebate of portions of the Tax and Expense Component pursuant to the provisions of Sections 9.1.3 and 10.4 hereinbelow.

  • The parties acknowledge that the Tax and Expense Component of Base Rent includes the full amount of the Tax Stop as a part of the Rent payable by Tenant.

  • The parties acknowledge that the Tax and Expense Component of Base Rent includes the full amount of the Base Year Operating Costs as a part of the Rent payable by Tenant.

  • The Expense Component is not refundable to Customer, and shall be deemed earned by THE CITY OF __________________ upon receipt.

  • The Expense Component shall be applied by THE CITY OF __________________ to pay the costs and expenses referenced in the Colocation Service Order Form.

  • The Expense Component shall be applied by THE CITY OF to pay the costs and expenses referenced in the Colocation Service Order Form.