Landlord Expenses definition
Examples of Landlord Expenses in a sentence
Landlord and Morgans shall timely pay all application fees and investigative fees and costs required by the Gaming Authorities with respect to Landlord’s and Morgans’ licensing (which fees and costs shall be Landlord Expenses).
Any expenses which are not paid or incurred in respect of the Project but rather in respect of other real property owned by Landlord, it being agreed that with respect to any expenses attributable in part to the Project and in part to other real property owned by Landlord, Expenses shall include only such portion thereof as are apportioned by Landlord to the Project on a fair and equitable basis.
With respect to any alteration to any Building System for which the Tenant is responsible, the Landlord shall have the right to make such alterations and the Tenant shall pay the Landlord Expenses reasonably incurred by the Landlord in connection with such alterations.
All Landlord Expenses for or in connection with such New Lease have been paid in full.
The Casino EBITDAR shall be calculated with the following formula: “Casino Revenues” (defined as gross revenues from Gaming Operations) less “Casino Expenses” (defined as all expenses that are not Landlord Expenses (as defined below)), less the Priority Management Fee (as defined below), less Undistributed Expenses (as defined below) and less any other expenses of Tenant that Landlord and Tenant determine are reasonable and necessary for the conduct of the Gaming Operations at the Premises.
Reasonable Landlord Expenses & all other deposit payments are due immediately upon receipt of 30 Day notice or 144/72 Hour notice of non-payment of rent.
With regard to GTE Phonemart, except for a tenant build-out allowance of up to Eight Thousand Three Hundred Dollars ($8,300.00) and a brokerage commission to ▇▇▇▇▇▇▇ & Wakefield of up to Seven Thousand Nine Hundred Seventy-Seven Dollars ($7,977.00) (both of which Contributor agrees it will cause the Partnership to pay as and when due following Closing), all Landlord Expenses for or in connection with such New Lease have been paid in full.
Any and all costs and expenses of Subtenant expended in compliance with this Agreement shall be Landlord Expenses under the Sublease, and shall, if paid by Subtenant, be reimbursed to Subtenant by Tenant/Sublandlord upon demand.
To the extent not included in Landlord Expenses and Additional Rent under Section 6, Tenant shall pay or cause to be paid, when due and prior to delinquency, any and all charges for water, gas, electricity, telephone service, sewage service, garbage service and any other utilities used in or upon the Premises during the term of this Lease and agrees not to permit any charges of any kind to accumulate or become a lien against the Premises.
The purpose of this Section is to insure that Tenant pays, in addition to rent, all expenses relating to the use, maintenance, ownership, repair and insurance of the Premises other than those expressly and specifically identified as Landlord Expenses herein.