FF&E Expenditures definition

FF&E Expenditures means amounts expended for the purchase, replacement and/or installation of FF&E at the Properties.

FF&E Expenditures means expenditures for the repair, replacement or acquisition (as appropriate) of furniture, fixtures and equipment for the Premises, so long as such repairs, replacements or acquisitions would be capitalized as an asset for accounting purposes under GAAP.

FF&E Expenditures shall have the meaning set forth in the Mortgage Loan Agreement.

Examples of FF&E Expenditures in a sentence

• For the avoidance of doubt, any funds disbursed from the FF&E Reserve and spent on and/or as reimbursement for the costs of Capital Expenditures that constitute Permitted FF&E Expenditures shall be applied toward the Minimum Cap Ex Requirements.

• NOTARY PUBLIC (SEAL) 39 SCHEDULE 1 RESERVE BALANCES Immediately prior to the Effective Date: Tax Funds: $ 273,956.85 Insurance Funds: 0.00 FF&E Expenditure Funds: $ 1,642,319.04 * Total Escrow: $ 1,916,275.89 * On the Effective Date after application of FF&E reserve payment associated with the July 1, 2011 monthly payment and the funding by New Borrower of capital contributions, the PIP Reserve shall have a balance of $1,798,650.00 and the FF&E Expenditures Funds shall have a balance of $213,690.00.

• For the items identified as UConn Health DM/Equipment and/or FF&E Expenditures reimbursements in the report provided in Storrs Procedure 1 on page 3, item number 2, obtain from UConn Health a report of total expenditures by project for FY18, excluding projects included in the schedule of June 30, 2018 completed projects.2. From the report obtained in Procedure 1 above, select all expenditures greater than $100,000.

• Owner shall have the right to approve (x) each expenditure contained in an FF&E Estimate that is described in clause (i) of the definition of Major FF&E Expenditures, and (y) the total aggregate amount of all expenditures contained in an FF&E Estimate that are described in clause (ii) of the definition of Major FF&E Expenditures.

• If Owner does not submit such notice within such period, Owner 26 shall be deemed to have approved all Major FF&E Expenditures contained in such FF&E Estimate.

More Definitions of FF&E Expenditures

FF&E Expenditures for any period shall mean the amount expended for FF&E Work in, at or to the Property.

FF&E Expenditures for any period shall mean amounts expended for FF&E as set forth in the Approved Annual Budget.

FF&E Expenditures means, individually or collectively as the context indicates, amounts expended from time to time with respect to FF&E at the Property.

FF&E Expenditures means any expenditures on account of replacements, renewals and additions to the FF&E.

FF&E Expenditures means any expenditures pertaining (i) to FF&E and/or (ii) Repairs and Maintenance, and not constituting Capital Improvements.

FF&E Expenditures means, for any period, the amount expended for the purchase of furniture, fixtures or equipment.

FF&E Expenditures means all renovations, refurbishing, replacements of, or additions to, FF&E, and any special projects designed to maintain the Improvements in a condition consistent with the condition thereof as of the Closing Date, including, without limitation, renovation of the guest room areas, public space, food and beverage facilities, spa or recreational facilities, which projects will generally comprise replacements of, or additions to, FF&E, but may include revisions and alterations in the Improvements. The term “FF&E Expenditures” shall not include any Capital Expenditures, and any program of capital improvements involving an addition to the Improvements, or designed to substantially upgrade or change the nature or image of the Improvements (as opposed to a renovation or refurbishing which might take place as part of the normal or cyclical upkeep of the Improvements).