Operating Expense Amount definition

Operating Expense Amount means an amount equal to (x) plus (y), where:

Operating Expense Amount means, with respect to any Payment Date, the sum (without duplication) of (a) the aggregate amount of Carrying Charges on such Payment Date (excluding any Carrying Charges payable to the Noteholders, the Administrative Agent or the Funding Agents) and (b) the aggregate amount of FleetCo Carrying Charges, if any, payable by the Issuer on such Payment Date (excluding any Carrying Charges payable to the Noteholders).

Operating Expense Amount has the meaning set forth in Section 3.1(e).

Examples of Operating Expense Amount in a sentence

• The Tax Partnership is intended to be properly treated for purposes of Section 351 of the Code as the transferor of the Blocker Parent LLC Interests to New Pubco and the recipient of the Consideration and the Operating Expense Amount in exchange for the Blocker Parent LLC Interests, in each case, pursuant to the Transactions.

• Development Expense Analysis Operating Expense Amount Proposed % of Operations 2016 Texas Gross Median Operating Expense Distribution Variance Administrative $ 31,660.00 19.77% 12.4% 7.37% Management Fee $ 18,432.00 11.51% 8.2% 3.31% Payroll $ 47,400.00 29.59% 24.1% 5.49% Repairs & Maint.

• The GC annulled the BoA decision insofar as it found that genuine use of the contested mark had been proven for apparatus for the reproduction of sound and images.

• Each year thereafter, the Government shall pay an adjusted rent for changes in annual costs above the established Adjusted Base Year Operating Expense Amount based upon the change in the annual CPI index.

• The key distinction from privatization is the “partial” involvement of government throughout the DBFO (i.e., in setting the quality and quantity requirement, in ensuring private sector compliance to agreed output specification, and in negotiating for the prices of services provided by the private sector using the capital assets).

More Definitions of Operating Expense Amount

Operating Expense Amount means the amount of Operating Expenses (as defined below) for such calendar year divided by the greater of (i) ninety-five percent (95%) of the number of square feet of Rentable Floor Area of the Building, or (ii) the total number of square feet of Rentable Floor Area occupied in the Building for such calendar year on an average annualized basis; provided, however, if the amount is calculated under (i) above, the Operating Expenses actually incurred with respect to such calendar year shall be adjusted to reflect the amount of Operating Expenses which would have been incurred if the Building were ninety-five percent (95%) occupied throughout such calendar year. As used herein, the term "Base Operating Expenses" shall mean the Operating Expenses paid or incurred by Landlord in the Base Year (as hereinafter defined) as if the Building was ninety-five percent (95%) occupied throughout the Base Year, divided by ninety-five percent (95%) of the number of square feet of Rentable Floor Area of the Building. If the Building was not ninety-five percent (95%) occupied throughout the Base Year, then the Base Operating Expenses shall be an amount which fairly reflects what the Operating Expenses would have been in the Base Year had the Building been ninety-five percent (95%) occupied throughout the Base Year, as determined by Landlord in its reasonable opinion. As used herein, "Base Year" shall mean calendar year 1999.

Operating Expense Amount means the amount payable for operating expenses of Borrower and the Borrower Subsidiaries as set forth in an Approved Disbursement Notice for the period of time to which such Approved Disbursement Notice pertains.

Operating Expense Amount means an amount equal to the amount of Operating Expenses (as defined below) for such calendar year divided by the greater of (i) ninety-five percent (95%) of the number of square feet of Rentable Floor Area of the Building, or (ii) the total number of square feet of Rentable Floor Area occupied in the Building for such calendar year on an average annualized basis; provided, however, if the amount is calculated under (i) above, the Operating Expenses actually incurred with respect to such calendar year shall be adjusted to reflect the amount of Operating Expenses which would have been incurred if the Building were ninety-five percent (95%) occupied throughout such calendar year. As used herein, "Operating Expense Stop" shall be determined by calculating the Operating Expenses during the first twelve (12) months following the Rental Commencement Date for Suite 400.

Operating Expense Amount means $1,075,000.

Operating Expense Amount means an amount equal to: the amount of Common Operating Expenses for such year divided by the greater of (i) 95% of the number of square feet of net rentable area in all space leased or held for lease in the Building, or (ii) the total net rentable area leased in the Building.

Operating Expense Amount means an amount equal to the Actual Operating Expenses (defined below) for the applicable calendar year. With respect to any calendar year or partial calendar year in which the Office Building is not occupied to the extent of 95% of the Net Rentable Area thereof, those Operating Expenses which fluctuate with occupancy for such period shall, for the purposes hereof, be increased to the amount which would have been included had the Office Building been occupied to the extent of 95% of the Net Rentable Area thereof.

Operating Expense Amount means the sum of the following as determined in good faith by the Borrower with respect to the month in which such amount is being calculated: (i) the amount of "Operating Expenses" (as defined in the FFC Loan Agreement and (ii) the amount of a term having substantially the same meaning contained in any Approved Facility Loan Agreement.