Operating Expense Exclusions definition

Operating Expense Exclusions. The following expenses shall be excluded from Operating Expenses: (1) salaries and related benefits for officers and executives of Landlord or Landlord’s managing agent above the level of property manager, (2) utility expenses that are separately metered and billed for any individual tenant in the Building; (3) Landlord’s costs of utilities and other services sold separately to tenants for which Landlord is entitled to be reimbursed by such tenants as an additional charge over and above the base rent, operating expense, or other rental amounts payable under the lease with such tenant; (4) expenses for services provided by Landlord for the exclusive benefit of a given tenant or tenants for which Landlord is directly reimbursed by such tenant or tenants; (5) all costs, fees and disbursements relating to activities for the solicitation, negotiation, execution or enforcement of leases for space in the Building (including but not limited to advertising costs, leasing commissions and attorneys’ fees therefor); (6) the costs of alterations to, or the decorating or the redecorating of, space in the Building leased to other tenants; (7) except as stated in subparagraph (j) of the definition of Operating Expenses, the costs associated with the operation of the business of the ownership or entity which constitutes “Landlord”, including costs of selling, syndicating, financing or mortgaging any of Landlord’s interest in the Property; (8) rentals payable under any ground or underlying lease; (9) depreciation, interest and principal payments on mortgages and other debt costs, if any; (10) repairs or other work required due to fire or other casualty to the extent of insurance proceeds received by Landlord (excluding deductible payments incurred by Landlord); (11) costs to correct any defects in the original construction of the Building; (12) capital expenses for items that are not included in the definition of “Operating Expenses;”

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Operating Expense Exclusions means:

Operating Expense Exclusions has the meaning assigned to such term in the Coreweave Lease.

Examples of Operating Expense Exclusions in a sentence

Expenses and Operating Expense Exclusions as defined in the Lease shall not be modified by the terms of this Amendment.
As set forth in the Operating Expense Exclusions in Exhibit "E" attached to the Original Lease, Taxes shall not include franchise, income, transfer, inheritance, capital stock taxes or taxes imposed upon or measured by the income of the Landlord.
Any other provision herein to the contrary notwithstanding, Operating Expenses shall exclude the Operating Expense Exclusions set forth on Exhibit B attached hereto and made a part hereof.
Operating Expenses will not include those items enumerated as "Operating Expense Exclusions" in Paragraph 1 of Exhibit "B" to this Lease Agreement.
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Its: Chief Financial Officer Its: ▇▇▇▇▇▇ ▇▇▇▇▇ Vice President By: Its: Date: 3-11-2004 Date: 3/15/04 LIST OF EXHIBITS Exhibit A-2 — Land Exhibit A-3 — Tenant Improvements Exhibit A-4 — Parking Agreement Exhibit B — Operating Expense Exclusions EXHIBIT A-1 EXHIBIT A-4 Stall No(s) Address: ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ PARKING GARAGE LICENSE AGREEMENT This License Agreement made this day of March 2004, by and between Midwest Holding Corp.
Operating Expenses shall not include expenses for the costs of any maintenance and repair required to be performed by Landlord at its own expense under Section (10)(b) or the Operating Expense Exclusions as defined in Special Stipulation Number 13 of Exhibit C attached hereto.
The additional Addenda and Exhibits (if any) listed below are hereby incorporated by reference and made a part of this Lease: Exhibit “A” – Site Plan Exhibit “B” – Space Plan Exhibit “C” – Standard Interior Tenant Finish Specifications Exhibit “D” – Leasehold Improvements Construction Exhibit “E” – Rules & Regulations Exhibit “F” - Operating Expense Exclusions IN WITNESS WHEREOF, Lessor and Lessee have hereunto executed this Lease as of the day and year first above written.
The cost to Landlord of performing Landlord’s obligation to maintain, repair and replace the Building and the Common Areas shall be included within the definition of Operating Expenses, except to the extent the costs thereof constitute Operating Expense Exclusions.
Exhibit A-1 — Premises Exhibit A-2 — Land Exhibit A-3 — Tenant Improvements Exhibit A-4 — Parking Agreement Exhibit B — Operating Expense Exclusions Stall No(s) Address: ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ This License Agreement made this day of March 2004, by and between Midwest Holding Corp.

More Definitions of Operating Expense Exclusions

Operating Expense Exclusions defined in Lease Section 4.4.1.