Projected Expenses definition

Projected Expenses means, as of the relevant date of determination, an amount equal to (a) scheduled principal and interest payments in respect of any Indebtedness and (b) G&A Expenses, in each case, due within the next thirty (30) day period.
Projected Expenses means, as of any date, with respect to any Subsidiary of the Borrower, the ordinary course expenses of such Subsidiary reasonably projected by the Borrower (in good faith and consistent with past practices) to be incurred by such Subsidiary for the period of six consecutive months after such date in connection with the operations of such Subsidiary in the ordinary course of business.
Projected Expenses means the projected administrative expenses for the cost of administrating the

Examples of Projected Expenses in a sentence

  • The Project Plan shall further include the Projected Revenues and Projected Expenses of the Company Property through projected Actual Occupancy of 95%, which projections shall be updated each time the Budget and Operating Plan is updated.

  • Projected expenses for the coming period, on the Projected Expenses tab of the Financial Report Form, Annex 2 hereto.


More Definitions of Projected Expenses

Projected Expenses means those fixed and operating expenses for the same 12-month period used for determining Projected Net Operating Income as projected by Borrower (and approved by Lender but in no event less than expenses for the 12-month period prior to the Substitution adjusted upward by an inflation factor reasonably selected by Lender) that are customary and necessary to the normal operation of a like-kind property in the same submarket where the relevant property is located, including security, building services, employee salaries and benefits, cleaning costs, all utilities, repairs and maintenance, insurance premiums, real estate taxes and a market based management fee, all as approved by Lender.
Projected Expenses means $856,739.
Projected Expenses means the aggregate projected expenses for the periods up to
Projected Expenses means for any period an amount equal to the sum of all cash operating expenses of the Company Property projected in the Budget and Operating Plan to be expended by the Company including, without limitation, (A) utilities, (B) maintenance and repairs, (C) administrative costs, (D) management and leasing fees, (E) cleaning, (F) security, (G) insurance and (H) real estate taxes, personal property taxes and sales taxes, provided that for purposes of calculating SNOI (Unleased Space), Projected Expenses shall be zero ($0). Projected Expenses shall be calculated without any deductions for debt service (including interest), depreciation or amortization of the Company Property, any capitalized expenditure (as determined in accordance with GAAP), any fees, commissions, expenses or allowances payable to any member or Affiliate (other than the portion of the management and leasing fees which is at market rates) or other non-cash charges.
Projected Expenses means a projection prepared by the Liquidating Trustee and approved by the Plan Administration Committee of expenses of the Liquidating Trust during the six (6) month period following the applicable Available Cash Determination Date. The payment obligations under the Plan during that six (6) month period to holders on account of Administrative Claims, Classes 1, 2, 3, and 4, shall be included in the calculation of Projected Expenses.
Projected Expenses means $1,197,740.
Projected Expenses means those fixed and operating expenses for the same 12-month period used for determining Projected Net Operating Income as projected by Borrower (and approved by Lender, but in no event less than expenses for the prior 12-month period adjusted upward by an inflation factor reasonably selected by Lender) that are customary and necessary to the normal operation of a like-kind property in the same submarket where the property is located, including security, building services, employee salaries and benefits, cleaning costs, all utilities, repairs and maintenance, insurance premiums, real estate taxes and a market based management fee.