Net Operating Expenses definition

Net Operating Expenses means the sum of all Operating Expenses, excluding organization and offering expenses, the Base Management Fee (as defined in the Advisory Agreement), the Incentive Fee (as defined in the Advisory Agreement) and any interest expense attributable to indebtedness incurred by the Fund, as of the applicable period;

Net Operating Expenses means the net amount paid in a financial year in respect of commissions, other acquisition expenses, administrative expenses, reinsurers’ commissions and profit participations;

Net Operating Expenses means the total costs of operating a community, including taxes and insurance but not including amortization, depreciation or long-term debt service;

Examples of Net Operating Expenses in a sentence

• In recognition of the fact that 49ers Stadium Company is responsible for payment of Net Operating Expenses, potentially including losses on Non-NFL Events, the Annual Non-NFL Event Plan will be subject to the mutual approval of 49ers Stadium Company and the Stadium Authority.

• For each year during the term of the Stadium Lease, 49ers Stadium Company will, as part of the annual rent payable under the Stadium Lease, reimburse the Stadium Authority for the Net Operating Expenses applicable to such year.

• Paul Forrest, is the owner and sole director of Forum Energy Services Limited, which sold 100% of Saltfleetby Energy Limited to Angus in May 2022 and which presently has a substantial strategic stake in Angus of approximately 15%.

• Following completion of the Stadium, 49ers Stadium Company will pay to the Stadium Authority, as rent for the Stadium: (i) an amount equal to Five Million Dollars ($5,000,000) per year (“Facility Rent”); plus (ii) all Net Operating Expenses of the Stadium, as more particularly described in Article 9 below.

• Net Operating Expenses decreased by 13.5% to EUR 112.9 million although, excluding the exchange rate, they grew by 18.6% as a result of increased activity.Depreciation and amortisation charges and provisions decreased by 18.8% to EUR 89.0 million, also affected by the depreciation of the real, as in local currency they increased by 11.3%, mainly due to the increase in the asset base.

More Definitions of Net Operating Expenses

Net Operating Expenses has the meaning set forth in Section 9.2.

Net Operating Expenses means Operating Expenses reduced by an amount equal to revenue from: (i) Client Jurisdictions (ii) Operating Expenses of the Authority reimbursed by the Commonwealth of Virginia; and (iii) all other non-Member revenue.

Net Operating Expenses means, for each Month, the amount by which Operating Expenses for such Month exceed Operating Revenues for such Month.

Net Operating Expenses means Expenses reduced by an amount equal to revenue from

Net Operating Expenses means the excess of (1) the Operating Expenses over (2) the Gross Revenues.

Net Operating Expenses means the total operating expenses of the hospital, excluding depreciation, interest, taxes, amortization, and nonoperating expenses.

Net Operating Expenses means Operating Expenses reduced by an amount equal to revenue from (i) non-member jurisdictions (including the state or federal government),