Renovation Expenses definition

Renovation Expenses means the costs and expenses incurred to renovate a Property prior to becoming a Stabilized Property or incurred to renovate a Carry-Over Property after the termination of the tenancy of the related initial Tenant. For the avoidance of doubt, Renovation Expenses do not include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
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Renovation Expenses means, the costs and expenses incurred to renovate a Property so that such Property satisfies clauses (i) and (ii) of the definition of “Completion Requirements”. For the avoidance of doubt, Renovation Expenses do not include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
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Renovation Expenses means the total amount spent by COMPANY for the Renovations of the Center and Mall Property and shall include, but not be limited to, all payments made for planning, surveys, drawings, reviews, consultants, engineering, labor, materials, fees and other soft costs as well as construction to the Center or any part of it, or the Mall Property. Renovation Expenses shall be documented by COMPANY by submission of sworn owner's and contractor statements, lien waivers, paid invoices and/or proof of payment by COMPANY of such expenses and shall be provided on or before ninety (90) days after the completion of the Renovations.
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Examples of Renovation Expenses in a sentence

  • Prior to the advance of any Loan related to any Non-Stabilized Property, the Loan Parties shall provide to the Administrative Agent and the Diligence Agent a budget and schedule (the “Proposed Scheduled Renovation Work”) describing the Renovation Expenses necessary in the Borrowers’ good faith determination to cause such Non-Stabilized Properties to be renovated, improved, repaired and completed so as to satisfy the Renovation Standards.

  • In the absorption situation, a specialist group is created within the organisation to cope with and “soak up” i.e. handle the disturbances whilst the main organisational activity continues (Broadbent and Laughlin, 2013, page 214).

  • Report all Non-capitalized Repairs, Maintenance, Remodeling and Renovation Expenses (GLC76000).

  • In no event shall Landlord be responsible for any costs hereunder for Renovation Expenses that exceed the Renovation Improvements Allowance, it being understood and agreed that Tenant shall be solely responsible for any Renovation Expenses in excess of the Renovation Improvements Allowance.

  • Provision for employees benefit7.29 5.40 8.29 32.15SCHEDULE - 12 : MISCELLANEOUS EXPENDITUREPreliminary Expenses 7.25 6.32Deferred Revenue ExpenditureTirupur Inaugural and Renovation Expenses 38.27 36.56Amalgamation Expenses4.72 9.66 50.24 52.54Less : Written Off during the year15.07 12.74 35.17 39.80 Schedules Forming Part of the Profit and Loss Account Particulars .

  • Table A5: Renovation Expenses and Rental Supply DurationThis table reports the results from regressions in which the dependent variables are landlords’ initial contract duration in Column (1), an indicator of landlord renewal at contract expiration in Column (2), and rental spread in Column (3).

  • Reference Material (1) Outline of Engineering Reports of To-be Acquired Asset (Unit: Yen in thousand) Property Name([FHOOHQW .LWDQRInvestigation CompanyHI international Consulting Co., Ltd.Investigation DateApril 2018Repairs Maintenance and Renovation Expenses Required over the Next year200Repairs Maintenance and Renovation Expenses Expected to be Required within 2-12 Years7,840Unit-in-Place304,900 ͤThe above mentioned investigation company undertakes building assessments for the property as follows.

  • Reimbursement of APS Facility Renovation Expenses and PTH and PTGH Purchase Price Balances.

  • Location: 138 Veto Street, Chenoa, Illinois Parcel Number: 03-02-479-005, 03-02-479-006, 03-02-479-007 Estimated TIF Eligible Project Costs: Rehabilitation and Renovation Expenses $11,375 Total Estimated TIF Eligible Project Costs $11,375 *The Developer’s total reimbursement of TIF Eligible Project Costs under Sections C(1) of the Agreement shall not exceed $1,937.50.

  • Any amounts remaining in the Renovation Fund after completion of all renovations and payment of Renovation Expenses shall be used to pre-fund the ObligorReorganized Debtor’s obligations to fund a capitalexpenditure reserve pursuant to the Loan Modification Documents.


More Definitions of Renovation Expenses

Renovation Expenses means expenses incurred in connection with the design, development, engineering, construction, installation, equipping and commencement of operations of the Hooters Renovation in accordance with the Renovation Disbursement Budget, excluding, however (a) any such expenses paid on or prior to the Issue Date, (b) any Debt Financing Costs and (c) any Issuance Fees and Expenses.
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Renovation Expenses means, the costs and expenses incurred to renovate a Property so that (i) all renovation work required for such Property to satisfy the Renovation Standards has been completed in a good and workmanlike manner and in accordance with all applicable Legal BUSINESS.30586915.9 Requirements, in each case, in all material respects, and (ii) such Property satisfies the Renovation Standards in all material respects and is in a good, safe and habitable condition. For the avoidance of doubt, Renovation Expenses include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
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Renovation Expenses means, the costs and expenses incurred to renovate a Property so that (i) all renovation work required for such Property to satisfy the Renovation Standards has been completed in a good and workmanlike manner and in accordance with all applicable Legal 25BUSINESS.30586915.9 Requirements, in each case, in all material respects, and (ii) such Property satisfies the Renovation Standards in all material respects and is in a good, safe and habitable condition. For the avoidance of doubt, Renovation Expenses include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
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Renovation Expenses means, the costs and expenses incurred to renovate a Property so that (i) all renovation work required for such Property to satisfy the Renovation Standards has been
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Related to Renovation Expenses

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting, and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Disposition Expenses means reasonable out-of-pocket expenses incurred by the Servicer in connection with the sale at auction or other disposition of a Leased Vehicle by the Servicer.

  • Litigation Expense means any court filing fee, court cost, arbitration fee, and each other fee and cost of investigating or defending an indemnified claim or asserting any claim for indemnification or defense under this Agreement, including Attorney’s Fees, other professionals’ fees, and disbursements. “Attorney’s Fees” include a charge for the service of in-house counsel at the market rate for independent counsel of similar experience.

  • Preservation Expenses Expenditures made by the Servicer in connection with a foreclosed Home Equity Loan prior to the liquidation thereof, including, without limitation, expenditures for real estate property taxes, hazard insurance premiums, property restoration or preservation.

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Exploration Expenditures means the sum of all costs of acquisition and maintenance of the Property, all exploration and development expenditures and all other costs and expenses of whatsoever kind or nature including those of a capital nature, incurred or chargeable by KRC with respect to the exploration and development of the Property and the placing of the Property into Commercial Production.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Property Protection Expenses Any costs and expenses incurred by the Master Servicer, the Special Servicer or the Trustee pursuant to Section 3.04, 3.07, 3.10(f), 3.10(g) or 3.17(b) or indicated herein as being a cost or expense of the Lower-Tier REMIC to be advanced by the Master Servicer or the Trustee, as applicable.

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Distribution Expenses means, with respect to all rights granted to LGF hereunder, one hundred percent (100%) of the aggregate of all actual, direct, out-of-pocket, third xxxxx costs expended or incurred by LGF in direct connection with the distribution and exploitation of the Picture throughout the Territory in all media, including, without limitation, all DLT Creation Costs, and all conversion, manufacturing, duplication, shipping, marketing, advertising, promotion and publicity costs, and all costs to complete Delivery of the Picture (to the extent (i) LGF elects to cure any failure of Grantor to complete Delivery of the Picture in accordance with the Delivery Schedule and/or (ii) LGF is required to take "access" to any Delivery Materials pursuant to the Delivery Schedule; and/or fiii) Grantor is not required to deliver such elements under the Delivery Schedule).

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Transaction Expenses means any fees or expenses incurred or paid by Holdings or any of its Subsidiaries in connection with the Transaction, this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Company Expenses has the meaning set forth in Section 11.3(a)(v).

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk's office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replacements and office automation and information technology equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Final Transaction Expenses has the meaning set forth in Section 3.2(b).

  • Unpaid Transaction Expenses has the meaning specified in Section 2.4(c).

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].