Expense Reimbursements definition
Expense Reimbursements means expense reimbursements as determined from the most recent operating statement, to the extent deemed recurring and sustainable, determined on a trailing 12-month basis (which should include actual expense reimbursements for occupied space and market expense reimbursements for vacant space and newly-leased space); provided, however, that (a) total Expense Reimbursements cannot exceed one hundred percent (100%) of Borrower’s actual Operating Expenses, and (b) if the Underwritten Expenses are used for determination of Operating Expenses, then Lender’s underwritten gross potential expense reimbursements will be used, which equal $141,664.00.
Expense Reimbursements shall have the meaning set forth on Exhibit A attached hereto and made a part hereof.
Expense Reimbursements means expense reimbursements as determined from the most recent operating statement, to the extent deemed recurring and sustainable, determined on a trailing 12-month basis (which should include actual expense reimbursements for occupied space and market expense reimbursements for vacant space and newly-leased space); provided, however, that (a) total Expense Reimbursements cannot exceed one hundred percent (100%) of Borrower’s Actual Operating Expenses (as defined in the definition of “Operating Expenses” herein), and (b) if the Underwritten Expenses are used for determination of Operating Expenses, then Lender’s underwritten gross potential expense reimbursements will be used, which equal $949,376. “Vacancy Deduction” shall be determined by multiplying Gross Potential Rent and Expense Reimbursements by the greatest of (a) the actual vacancy at the Property at the time of determination, (b) the then-prevailing market vacancy in the vicinity of the Property, and (c) an imputed vacancy rate of 3.0% with respect to the Individual Properties located at ▇▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇., ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Road, Germantown, Maryland, and ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇. ▇.▇., ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, and 0.0% with respect to the Individual Properties located at ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇ ▇. ▇.▇. ▇▇▇▇▇▇ ▇▇▇▇., Charlotte, North Carolina, ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇.
Examples of Expense Reimbursements in a sentence
Use of this form is required by 2:125-E3, Resolution to Regulate Expense Reimbursements.
Use of this form is required (1) by 2:125-E3, Resolution to Regulate Expense Reimbursements and (2) for pre-approval of expenses to be charged to a federal grant or State grant governed by the Grant Accountability and Transparency Act.
Use of this form is required: (1) by 2:125-E3, Resolution to Regulate Expense Reimbursements, and (2) for pre-approval of expenses to be charged to a federal grant or State grant governed by the Grant Accountability and Transparency Act.
Recoupment of Fee Waivers and Expense Reimbursements under this Agreement.
The total amount of reimbursement to which ▇▇▇▇ ▇▇▇▇▇▇▇ may be entitled (“Reimbursement Amount”) shall equal, at any time, the sum of all Advisory Fees previously waived or reduced by ▇▇▇▇ ▇▇▇▇▇▇▇ and all other Expense Reimbursements remitted by ▇▇▇▇ ▇▇▇▇▇▇▇ to the Fund during any of the previous three (3) fiscal years, less any reimbursement previously paid by such Fund to ▇▇▇▇ ▇▇▇▇▇▇▇ with respect to such waivers, reductions, and payments.
More Definitions of Expense Reimbursements
Expense Reimbursements means expense reimbursements as determined from the most recent operating statement, to the extent deemed recurring and sustainable, determined on a trailing 12-month basis (which should include actual expense reimbursements for occupied space and market expense reimbursements for vacant space and newly-leased space) and adjusted to include contractually fixed common area maintenance escalations occurring during the immediately succeeding twelve (12) month period; provided, however, that total Expense Reimbursements cannot exceed one hundred percent (100%) of Borrowers’ actual Operating Expenses.
Expense Reimbursements is defined in the definition of Expense Reimbursement Amount.
Expense Reimbursements means expense reimbursements as determined from the most recent operating statement determined on a trailing 12-month basis (which should include actual expense reimbursements for occupied space and projected expense reimbursements for newly-leased space); provided, however, that total Expense Reimbursements may be adjusted upward or downward by Lender to reflect any reimbursements such that the reimbursements will be consistent with the expenses incurred for such period.
Expense Reimbursements means payments received by the Debtors or Reorganized Debtors (or their affiliates) on account of compensable relocation costs as described in the C-Band Order.
Expense Reimbursements means expense reimbursements as determined from the most recent operating statement, to the extent recurring, determined on a trailing 12-month basis (which shall only include actual expense reimbursements for occupied space).
Expense Reimbursements. The Vestry shall reimburse the following expenses incurred by the ▇▇▇▇▇▇ in fulfilling the duties of the office: Office, Office Equipment, Supplies, etc.: The parish will provide the ▇▇▇▇▇▇ use of the parish office, necessary office equipment, and telephone service, postage, internet connectivity, email accounts, supplies, etc. for the ministry of administration.
Expense Reimbursements. The Vestry shall reimburse the following expenses incurred by the Interim ▇▇▇▇▇▇ in fulfilling the duties of the office: Expenses incurred while using a privately owned vehicle for ministry on behalf of the Church will be reimbursed at the then-applicable IRS rate. Such reimbursement is not to exceed $________ annually. Pre-approved non-travel related expenses incurred in the course of professional activities on behalf of the Church. The actual cost of the Interim ▇▇▇▇▇▇’▇ relocation if necessary, not to exceed $_______________.