Uncontrollable Expenses definition

Uncontrollable Expenses means the following expenses with respect to the Company, Subsidiary or Property: taxes and insurance; licenses; utilities; unanticipated material repairs that are essential to preserve or protect the Property; debt service; and costs due to a change in law.
Uncontrollable Expenses means Taxes, insurance premiums, utility costs, costs incurred in complying with any law enacted after the Commencement Date, wages and salaries affected by the minimum wage and other costs beyond the reasonable control of Landlord to the extent generally recognized by landlords of comparable buildings as operating expenses the amount of which is not within the reasonable control of landlords.
Uncontrollable Expenses shall have the meaning set forth in Section 5.1.11(d) hereof.

Examples of Uncontrollable Expenses in a sentence

  • The third DCS460 camera tested was opportunistically calibrated using a con- sistent roll strategy and the PP location variation shown in Fig.

  • Variation with time of the diameter of a rapidly solidifying cylinder.

  • S PROPORTIONATE SHARE OF OPERATING EXPENSES" - shall be an amount equal to the product of Tenant's Building Expense Percentage as provided in Item C of the Basic Lease Provisions times the Operating Expenses as they may be composed of Uncontrollable Expenses and Controllable Expenses.

  • On the other hand there is in Sacramento County at least, a close correlation between SBE parcel numbers and Assessors’ parcel numbers.

  • In the event that the Condominium Association is dissolved or is at any time not maintaining the Common Areas, Uncontrollable Expenses shall also include an equitable allocation (as reasonably determined by Landlord) of the Expenses incurred by Landlord or its designee to maintain, repair, replace and operate the Common Areas of the Property (excluding costs solely applicable to any building other than the Building).


More Definitions of Uncontrollable Expenses

Uncontrollable Expenses means the following expenditures: (i) taxes, (ii) utility charges, (iii) costs of insurance, (iv) payments due under any loan to the Company and/or the Operating Company, including any fees, costs or other charges and including establishing any required reserves (or payment of any other scheduled payment under any such loan, including without limitation, the entire amount of the loan at maturity) and (v) payments under non-Affiliate Contracts binding on the Company and/or the Operating Company.
Uncontrollable Expenses means expenses relating to the cost of utilities, insurance, and other uncontrollable expenses (such as, but not limited to, increases in the minimum wage which may affect the cost of service contracts). By May 1 following the end of each calendar year, Landlord shall furnish Tenant with a statement of the actual amount of Tenant’s Pro Rata Share of Operating Costs incurred in the preceding calendar year, and the difference (“Actual Owed Amount”) between such actual amount and the Base Year Operating Costs. If the Actual Owed Amount is less than the sum of estimated payments made by Tenant during the preceding calendar year, Landlord shall apply such overpayment by Tenant against Additional Rent due or next becoming due, provided if the Term expires before the determination of the overpayment, Landlord shall refund any overpayment to Tenant after first deducting the amount of Rent due. If the Actual Owed Amount is greater than the sum of estimated payments made by Tenant during the preceding calendar year. Tenant shall pay Landlord, within thirty (30) days after its receipt of the statement of Operating Costs, any underpayment for the prior calendar year.
Uncontrollable Expenses means those certain expenses, including real estate and personal property taxes, utilities, insurance premiums, license, permit fees and charges provided for in contracts and leases entered into pursuant to this Agreement, or prices or fees charged by third parties for goods and services, in each case, that are not within the ability of Operator to control.
Uncontrollable Expenses means the following expenses with respect to the Project: taxes; insurance; utilities; unanticipated material repairs that are essential to preserve or protect the Project; debt service; and costs due to a change in law. “Controllable Expenses” shall mean all expenses, other than Uncontrollable Expenses, with respect to the Project. Notwithstanding the foregoing to the contrary, if, prior to the commencement of a calendar year the parties have not agreed on the Capital Budget, there shall be no changes in budgeted capital expenditures under the prior Approved Capital Budget; provided, however, that any incomplete capital projects shall continue to be funded until completed. Furthermore, no material deviation (Controllable Expenses that would result in an excess of the annual budgeted amount set forth in the Approved Budget in any one accounting category by more than three percent (3%)) as to any Approved Budget approved in accordance with the terms herein shall be permitted without the prior approval of the Management Committee.
Uncontrollable Expenses means Taxes, security, valet parking costs, utility costs and charges (including trash removal costs), and insurance premiums.
Uncontrollable Expenses means those expenses that, in Landlord’s reasonable discretion and judgment, may be subject to increase which are outside the Landlord’s control which shall include but are not limited to any expenses relating to (i) snow plowing and salting, (ii) insurance, and (iii) utilities.