Underwritten Expenses definition

Underwritten Expenses means the amount of $_________.
Underwritten Expenses means (a) the greater of actual Operating Expenses for the trailing twelve (12) month period and the Operating Expenses expected to be incurred by the Project during the twelve (12) month period following the date of calculation, as reasonably estimated by Lender reflected in the Appraisal approved by Lender, plus (b) a vacancy rate equal to the greater of actual Project vacancy and five percent 5% and plus (c) in the case of management fees, the greater of the actual management fee for the Project and three percent (3%).
Underwritten Expenses means the amount set forth on the Schedule of Financial Terms.

Examples of Underwritten Expenses in a sentence

  • Underwritten Expenses ($) Underwriting File The total expenses, as stated in the underwritten column of the Underwriting File.

  • Stabilized Underwritten Expenses ($) U/W Cash Flows The Stabilized underwritten Total Expenses.

  • Underwritten Expenses Underwriting File The total expenses, as stated in the underwritten column of the Underwriting File.

  • Underwritten Expenses Underwriting File The underwritten expenses, as stated in the Underwriting File.

  • Underwritten Expenses Underwriting File The total expenses, as stated in the in-place underwritten column of the Underwriting File.


More Definitions of Underwritten Expenses

Underwritten Expenses means the amount of ___________. Multifamily Loan and Security Agreement – Seniors Housing Page 150
Underwritten Expenses means the amount of $7,694,281.
Underwritten Expenses means the calculation of the last twelve (12) months rolling expenses adjusted for non-recurring items, the management fee (which fee is subject to the limitations set forth in this Agreement), replacement reserves as determined by Administrative Agent’s engineer, and current or stabilized real estate taxes and insurance premiums. Administrative Agent may in its discretion, make adjustments to the foregoing method of calculation from time to time.
Underwritten Expenses means $2,409,271, which includes the Underwritten Management Fee.
Underwritten Expenses means (a) the greater of actual Operating Expenses for the trailing twelve (12) month period and the Operating Expenses expected to be incurred by the Project during the twelve (12) month period following the date of calculation, as reasonably estimated by Lender reflected in the Appraisal approved by Lender, plus (b) a vacancy rate equal to the greater of actual Project vacancy and five percent 5% and plus(c) in the case of management fees, the greater of the actual management fee for the Project and three percent (3%).

Related to Underwritten Expenses

  • Underwritten Takedown has the meaning set forth in Section 2(d)(ii).

  • Registration Expenses means the out-of-pocket expenses of a Registration, including, without limitation, the following:

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.

  • Underwritten Demand shall have the meaning given in subsection 2.1.3 of this Agreement.

  • Underwritten Shelf Take-Down has the meaning set forth in Section 2.4(b).

  • 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.

  • Selling Expenses means all underwriting discounts, selling commissions, and stock transfer taxes applicable to the sale of Registrable Securities, and fees and disbursements of counsel for any Holder, except for the fees and disbursements of the Selling Holder Counsel borne and paid by the Company as provided in Section 2.6.

  • 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.

  • Underwritten Net Cash Flow means, as of any date of determination, the excess of: (i) for the twelve (12) month period ending on such date, the sum of (A) the lesser of (1) GPR multiplied by 94.0%, and (2) Actual Rent Collections, and (B) Other Receipts; over (ii) for the twelve (12) month period ending on such date, the sum of (A) Operating Expenses, adjusted to reflect exclusion of amounts representing non-recurring expenses, (B) Underwritten Capital Expenditures and (C)

  • Underwritten Offering means a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

  • Underwriting Fee has the meaning given to it in the eighth paragraph of this Agreement;

  • Underwritten Registration or Underwritten Offering A registration in which securities of the Company are sold to an underwriter for reoffering to the public.

  • 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.

  • Piggy-Back Registration is defined in Section 2.2.1.

  • Underwritten Shelf Take-Down Notice has the meaning set forth in Section 2.02(e).

  • Pending Underwritten Offering means, with respect to any Holder forfeiting its rights pursuant to this Section 4.5(l), any underwritten offering of Registrable Securities in which such Holder has advised the Company of its intent to register its Registrable Securities either pursuant to Section 4.5(a)(ii) or 4.5(a)(iv) prior to the date of such Holder’s forfeiture.

  • 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.

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

  • Underwritten Offering Notice has the meaning set forth in Section 2(b).

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Shelf Underwritten Offering shall have the meaning given in subsection 2.1.3.

  • Offering Expenses means in respect of each Series, the following fees, costs and expenses allocable to such Series or such Series pro rata share (as determined by the Allocation Policy, if applicable) of any such fees, costs and expenses allocable to the Company incurred in connection with executing the Offering, consisting of underwriting, legal, accounting, escrow and compliance costs related to a specific offering. Officers means any president, vice president, secretary, treasurer or other officer of the Company or any Series as the Managing Member may designate (which shall, in each case, constitute managers within the meaning of the Delaware Act).

  • 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.

  • Marketed Underwritten Shelf Take-Down has the meaning set forth in Section 2.02(e).

  • Distribution Expenses means the reasonable costs, excluding overhead, incurred by ZIOPHARM that are directly and reasonably allocable to the distribution of a ZIOPHARM Product with respect to a particular country where such ZIOPHARM Product has been launched, excluding any costs included as a deduction in calculating Net Sales.

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