Future common expenses definition

Future common expenses means common expenses for which assessments are not yet due and payable.
Future common expenses. "Future common expenses" means common expenses for which
Future common expenses means common expenses for which assessments are not yet

More Definitions of Future common expenses

Future common expenses means common expenses for which assessments are not yet due and payable. "Identifying number" means one or more letters and/or numbers that identify only one unit in the condominium.

Related to Future common expenses

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.