Tenant Reimbursement Amount definition

Tenant Reimbursement Amount means the amount the Port determines (in accordance with the terms hereof) it will reimburse to Tenant for the Project as provided in Section 2.2 and Article 4 of this Agreement. The Tenant Reimbursement Amount is identified on Exhibit A.
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Tenant Reimbursement Amount shall have the meaning given such term in the Lease Agreement.
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Tenant Reimbursement Amount means an amount equal to the sum of (y) Tenant’s Proportionate Share of Expenses for each calendar year during the Term, plus (z) Tenant’s Proportionate Share of Taxes for each calendar year during the Term. Prior to each calendar year during the Term, Landlord shall furnish Tenant with an estimate of the amount of Tenant Reimbursement Amount owing for such year, and Tenant shall pay Landlord one-twelfth (1/12th) of such estimate on the first day of each month during such year, except that Tenant shall pay to Landlord upon Tenant’s execution of this Lease, the Initial Monthly Estimated Tenant Reimbursement Amount which is owing for the first full month of the Term. Such estimate may be revised by Landlord whenever it obtains information relevant to making such estimate more accurate. After the end of each calendar year during the Term, Landlord shall deliver to Tenant a statement (the “Annual Reconciliation”) setting forth the actual Expenses and Taxes for such year and the total amount of estimated Tenant Reimbursement Amount that Tenant has paid and is payable for such year. Within thirty (30) days after receipt of such Annual Reconciliation, Tenant shall pay to Landlord the amount of Tenant Reimbursement Amount owing for such year, minus all estimated Tenant Reimbursement Amount paid by Tenant for such year. If the total estimated Tenant Reimbursement Amount paid by Tenant for such year exceeds the amount of Tenant Reimbursement Amount owing for such year, then Landlord shall apply such excess as a credit against future Rent owing under this Lease or, if the Term has already ended, Landlord shall promptly refund such excess to Tenant, provided that in each such case, Tenant is not then in Default hereunder, and without interest to Tenant.
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Examples of Tenant Reimbursement Amount in a sentence

  • In order for the Tenant to be eligible for and obtain the Tenant Reimbursement Amount, Tenant shall, in connection with the labor associated with the construction of the Eligible Tenant Improvements, comply with all prevailing wage laws in the State of Washington applicable to the Port, as set forth in RCW 39.12 and the regulations thereunder.

  • Tenant acknowledges that any changes to the Project from that reflected in the Project Documents may affect the Port’s approval, the determination of the Eligible Tenant Improvements and/or the Tenant Reimbursement Amount.

  • Following the Port Representative’s acceptance of the Project and all close out requirements, the Port shall pay Tenant the Tenant Reimbursement Amount within forty-five (45) days.

  • The Tenant Reimbursement Amount is detailed on the attachment to Exhibit.

  • The Tenant Reimbursement Amount specifically includes established amounts to address construction contingencies.

  • The Port will not release final payment of the Tenant Reimbursement Amount until final as-built drawings are received for the Project.

  • The Port will not release final payment of the Tenant Reimbursement Amount until final operations and maintenance (O&M) manuals are received for all Eligible Tenant Improvements and the Port has received any necessary training as required.

  • The Port will not release the Tenant Reimbursement Amount until final operations and maintenance (O&M) manuals are received for all Eligible Tenant Improvements and the Port has received any necessary training.

  • The Tenant Improvement Reimbursement Letter identifies the Eligible Tenant Improvements and establishes the initial Tenant Reimbursement Amount.

  • As noted in Section 4.1, the Tenant Reimbursement Amount will not vary based on Tenant’s actual cost of construction of the Project or the Eligible Tenant Improvements.

Related to Tenant Reimbursement Amount

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,