Shared Facilities Costs definition

Shared Facilities Costs means the costs of operating, maintaining and repairing the Shared Facilities and shall include the Common Costs *(as defined in the Reciprocal Agreement);
Sample 1
Shared Facilities Costs means the aggregate of all costs and expenses incurred in connection with the Shared Facilities from time to time, as provided in this Agreement and set out on Schedule “D” attached hereto, and shall include without limitation, the costs and expenses incurred in connection with the maintenance, repair and operation of the Shared Facilities, including without limitation, the cost of maintaining and repairing all electrical and mechanical equipment, fixtures and installations comprising same or appurtenant thereto, together with the amount of any municipal, provincial or federal taxes and/or any common expense assessments attributable to the Shared Facilities (or any portion thereof);
Sample 1
Shared Facilities Costs means the aggregate of all costs and expenses incurred, including reasonable management expenses, in connection with the Shared Facilities, and shall include without limitation, the costs and expenses incurred in connection with the following, namely the operation, servicing, maintenance, repair and/or replacement of the POPs, the Common Interior Roadway and the Shared Servicing Systems (together with all appurtenant roadway services, such as drains, pipes, cables, lighting, etc. located within or beneath the boundaries of the Common Interior Roadway serving and benefitting the Common Interior Roadway; the storm water management system, including the storm water management retention facilities and any appurtenant drains, pipes, swales and channels servicing and benefiting any of Lands; and walkways and side walks and any appurtenant cables and lightings, servicing any of the Lands), the cost of procuring all requisite fire, property damage and public liability insurance coverage for the Condominiums with respect to damage and/or injury occasioned to persons and/or property upon or within Shared Facilities;
Sample 1

Examples of Shared Facilities Costs in a sentence

  • As the YongeParc Building C/D Corporation is developed and occupyable therein by the public, the proportionate share of the Shared Facilities Costs will be re-adjusted accordingly.

  • As the Adjacent Corporation is developed and the Commercial Area is constructed and occupy able therein by the public, the proportionate share of the Shared Facilities Costs will be re-adjusted accordingly.

  • For greater certainty, it is understood and agreed that the Pines Declarant and the Cedars Declarant shall pay and be responsible for any portion of the Shared Facilities Costs for or in respect of the Pines Condominium or the Cedars Condominium, respectively, prior to its registration and for which the Pines Condominium or the Cedars Condominium, if registered, respectively, would otherwise be responsible.

  • Provided however that the Pavilia Park Town Condominium and the Pavilia Towers Condominium shall not be required to make payments of its respective Proportionate Share of the Shared Facilities Costs until after the date of registration of the declaration under the Act, creating the Pavilia Park Town Condominium and the Pavilia Towers Condominium.

  • Shared Facilities Manager shall budget and adopt Assessments for Shared Facilities Manager’s general expenses for the Shared Facilities Costs based, in part, upon Shared Facilities Manager’s reasonable projections of the intensity of use of the applicable Shared Facilities for the period subject to the budget.

  • Within thirty (30) days following the expiration or earlier termination of this Agreement, unless otherwise agreed, Manager shall provide a final accounting to Owner in such form as requested by Owner, of the Shared Facilities Costs and any other costs incurred by Manager (on behalf of Owner or any other Unit owner) during the term of this Agreement.

  • If Landlord takes written exception to an item of Shared Facilities Costs within the applicable period and such exception is not resolved by Tenant and Landlord within twenty (20) days after Landlord’s notice taking exception, Tenant shall submit the dispute to an independent certified public accounting firm selected by Tenant and Landlord.

  • Any and all costs and/or expenses incurred by Shared Facilities Manager in assuming and/or performing any of such obligations and under the foregoing indemnity shall be part of the Shared Facilities Costs assessed against all Unit Owners (including Condominium Unit Owners) in the manner provided by this Article.

  • Damage to Shared FacilitiesThe cost of any repair or replacement necessitated by damage caused by the willful or negligent act or omission of any Party or any of such Party's residents, occupants, employees, agents, contractors, licensees or invitees shall be paid by such Party and shall not form part of the Shared Facilities Costs.

  • Can’t or won’t place dollar value (Lexicographic preferences)Source: Adapted from Lindsey (1994, p.


More Definitions of Shared Facilities Costs

Shared Facilities Costs means, relative to a Shared Facility, the costs of management, repair, maintenance and operation of such Shared Facility, to the extent such costs exceed the costs (the “Normal Office Costs”) which would have been incurred if the premises constituting the Shared Facility had not been used for a fitness center or a cafeteria but had instead been used for general office purposes (it being agreed that such Normal Office Costs shall constitute Operating Expenses includable under Paragraph 3(B)(ii) above), but excluding any such costs that are payable by managers, operators, concessionaires and licensees and are not payable by Landlord. For purposes of illustration only, (a) HVAC for the Shared Facilities during Regular HVAC Hours shall be included in Operating Expenses and HVAC for the Shared Facilities outside of Regular HVAC Hours shall be included in Shared Facilities Costs, and (b) if Landlord shall provide cleaning or trash removal service to the Shared Facilities then (i) the costs thereof, up to the cost of cleaning or trash removal which would have been incurred if the Shared Facilities had not been used for a fitness center or a cafeteria but had instead been used for general office purposes shall be included in Operating Expenses and (ii) the balance of such costs shall be included in Shared Facilities Costs; (c) if the operator, licensee or concessionaire shall provide cleaning or trash removal to the Shared Facilities then Operating Expenses and Shared Facilities Income shall each be increased by the costs which Landlord would have incurred if the Shared Facilities had not been used for a fitness center or a cafeteria but had instead been used for general office purposes; and (d) the cost of electricity provided to the Shared Facilities shall be excluded from Operating Expenses and included in Shared Facilities Costs.
Sample 1

Related to Shared Facilities Costs

  • Future Facilities Costs means the CFD Public Facilities minus (i) public facility costs previously paid from the Construction Fund, (ii) moneys currently on deposit in the Construction Fund, and (iii) moneys currently on deposit in an escrow fund that are expected to be available to finance facilities costs.

  • Shared Facilities means the gen-tie lines, transformers, substations, or other equipment, permits, contract rights, and other assets and property (real or personal), in each case, as necessary to enable delivery of energy from the Facility (which is excluded from Shared Facilities) to the point of interconnection, including the Interconnection Agreement itself, that are used in common with third parties.

  • Related facilities means any manager's units and any and all common area spaces that are included within the physical boundaries of the housing development, including, but not limited to, common area space, walkways, balconies, patios, clubhouse space, meeting rooms, laundry facilities, and parking areas that are exclusively available to residential users, except any portions of the overall development that are specifically commercial space.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Common Facilities means the facilities under D.G.sets/D.G.rooms, water storage tanks its pumping and supply system, sewerage & drainage systems, electric sub-station/ transformers/electric panels/distribution network, maintenance service rooms, lawns including lighting & services etc., roads, pathways & driveways including street lighting & services etc., guard posts, fire hydrants & fire fighting system etc. and all such facilities and areas for common use and excluded from the computation of Super Area of the Said Premises;

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities.

  • Financing Costs means for each calendar day the product of:

  • Operating Costs means the reasonable incremental expenses incurred by the Recipient on account of Project implementation, including costs related to audits, office equipment and supplies, vehicle operation and maintenance, shipping costs, office rentals, communication and insurance costs, office administration costs, bank charges, utilities, transport costs, travel, per diem and supervision costs, and salaries of contracted employees, but excluding salaries of officials of the Recipient’s civil service.

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

  • Railroad facilities means right of way and related

  • School facilities project means the planning, acquisition, demolition, construction, improvement, alteration, modernization, renovation, reconstruction or capital maintenance of all or any part of a school facility or of any other personal property necessary for, or ancillary to, any school facility, and shall include fixtures, furnishings and equipment, and shall also include, but is not limited to, site acquisition, site development, the services of design professionals, such as engineers and architects, construction management, legal services, financing costs and administrative costs and expenses incurred in connection with the project;

  • Transportation Facilities means any physical facility that moves or assist in the movement of people or goods including facilities identified in OAR 660-012-0020 but excluding electricity, sewage, and water systems.

  • Parking Facilities means the parking area located on the Property, containing the approximate number of lined parking spaces set forth in the Building Description, which parking area is provided as Common Facilities.

  • 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.

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • Authorized Facilities means the public facilities authorized to be financed, in whole or in part, by the CFD.

  • Distribution facilities means those facilities by and through which electricity is received from a transmission services provider and distributed to the customer and that are controlled or operated by a distribution services provider.

  • Wastewater Facilities means the structures, equipment, and processes required to collect, carry away, and treat domestic and industrial wastes and dispose of the effluent.

  • Infrastructure costs means such costs as are reasonably incurred for the acquisition and construction of infrastructure.

  • Hospital facilities means any of the following:

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Project Facilities means all the amenities and facilities situated on the Site, as described in Schedule-C;

  • Construction Costs means any and all costs incurred by the Contractor with respect to the construction and equipping, as the case may be, of the improvements performed, whether paid or incurred prior to or after the date hereof, including, without limitation, costs for Site preparation, the removal or demolition of existing structures, the construction of the Project and related facilities and improvements, and all other work in connection therewith, security of the Site and Project, Contractors’ overhead and supervision at the Project Site, all costs and expenses including any taxes or insurance premiums paid by the Contractor with respect to the Property, and administrative and other expenses necessary or incident to the Project, excluding Contractors’ and Developers’ home office overhead and profit. The term “Construction Costs” includes all Contractor’s costs associated with preparing or generating additional copies of any Construction Documents, as defined below, related to or required for the Project, including preparation or generation of additional Plans and/or Specifications for Contractor’s Subcontractors. In no event shall Construction Costs exceed the Guaranteed Maximum Price.