Basic Costs

Example Definitions of "Basic Costs"
Basic Costs. Shall mean all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C attached hereto.
Found in Epicor Software Corp contract
Basic Costs. Shall mean all reasonable direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C attached hereto.
Found in ZARS INC contract
Basic Costs. Shall mean all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C EXHIBIT "C" attached hereto.
Found in OBJECTSPACE INC contract
Basic Costs. Shall mean all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C EXHIBIT "C" attached hereto.
Found in OBJECTSPACE INC contract
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Basic Costs. All expenses relating to the Building and the Building Exterior Common Areas, including all costs of operation, maintenance and management thereof and assessments for public betterments or improvements, any and all assessments or charges that are charged by any property owners association applicable to the Land, including Carillon Property Owners Association, Inc. (the "Association"), ad valorem real estate taxes and any other tax on real estate as such, ad valorem taxes on furniture, fixtures,... equipment or other property used in connection with the operation, maintenance or management of the Building and the Building Exterior Common Areas and the costs, including, without limitation, legal and consulting fees, of contesting or attempting to reduce any of the aforesaid taxes, the cost of capital improvements which are required by applicable law or which will improve the efficiency of operating, managing or maintaining the Building or which will reduce Landlord's operating expenses or the rate of increase thereof, the cost of labor, materials, repairs, insurance, utilities and services and such other expenses with respect to the operation (the cost of such capital improvement items and installation shall be amortized over the longer of either the useful life of such improvement or such period as permitted by GAAP), and an administration and management fee equal to four percent (4%) of the Base Rental and Additional Rental due for the same period of time, all of which expenses shall be incurred or paid by or on behalf of Landlord or are properly chargeable to Landlord's operating expenses in accordance with generally accepted accounting principles as applied to the operation, maintenance and management of a first class office building. Notwithstanding the foregoing, it is agreed that the Basic Costs shall not include: any leasing or marketing or brokerage costs, fees, or commissions; any cost of upfitting space for occupancy by tenants; any amortization of principal or interest on account of any indebtedness; any legal expenses arising out of any misconduct or negligence of Landlord or any person for which Landlord is responsible or arising out of dealings between any principals constituting Landlord or arising out of any leasing, sale or financing of the Building or the Land or any part of either of them; or, except as expressly permitted above, the costs of capital improvements (i.e., the costs of any capital improvements unless such costs are required by applicable law or which will improve the efficiency of operating, managing or maintaining the Building or which will reduce Landlord's operating expenses or the rate of increase thereof, the cost of labor, materials, repairs, insurance, utilities and services and such other expenses with respect to the operation). View More Arrow
Found in FIRST ADVANTAGE CORP contract
Basic Costs. All expenses Means all expenses, costs and disbursements (but not repayment of debt or replacement of capital investment items other than those elsewhere herein expressly included, nor specific costs specially billed to and paid by other tenants of the Building) of every kind and nature which Landlord shall pay or become obligated to pay because of, or in connection with, the ownership and operation of the Building, the Property and the Exterior Common Areas, including but not limited to the... following, with the understanding that Landlord shall use commercially reasonable efforts to operate the Building in an economically reasonable manner: (i) wages and salaries, including payroll taxes, workers' compensation, insurance premiums, and all other employment benefit and insurance costs to Landlord of all employees directly engaged in operating and maintaining the Building, and that part of central accounting costs which are applicable to the Building; (ii) costs of all supplies and materials used in operation and maintenance of the Building; (iii) cost of all utilities for the Building including the cost of water, sewer, gas, oil and electric and other fuels or forms of power or energy; (iv) cost of all maintenance and service agreements (oral or written) for the Building and the equipment therein including, but not limited to, security service, window cleaning, janitorial service, elevator maintenance, maintenance of heating, ventilation and air-conditioning equipment, plumbing, controls, locks, alarms and all other parts of the Building; (v) landscaping and grounds maintenance costs and expenses; (vi) annual and special assessments against the Property made pursuant to the Declaration of Covenants, Conditions and Restrictions by the Owners Associations; (vii) cost of all insurance relating to the Building or rents therefrom including, but not limited to, the costs of casualty and liability insurance applicable to the Building and the Building Exterior Common Areas, including all costs of operation, maintenance Areas and management thereof and assessments for public betterments or improvements, any and all assessments or charges that are charged by any property owners association applicable to the Land, including Carillon Property Owners Association, Inc. (the "Association"), ad valorem real estate taxes and any other tax on real estate as such, ad valorem taxes on furniture, fixtures, equipment or other Landlord's personal property used in connection with the operation, Building and the Exterior Common Areas; (viii) the following taxes; (A) personal property taxes (attributable to the year in which paid) imposed upon the furniture, fixtures, machinery, equipment, apparatus, systems, and appurtenances used in connection with the Building for the operation thereof, and (B) real estate taxes, assessments, sewer rents, rates, and charges, transit taxes, taxes based upon the receipt of rent and any other federal, state, or local governmental charge, general, special, ordinary, or extraordinary (but not including income or franchise taxes or any other taxes imposed upon or measured by Landlord's income or profits, unless the same shall be imposed in lieu of real estate taxes) which may now or hereafter be levied or assessed against the Building and/or the Property or the rents derived from the Building (in the case of special taxes or assessments which may be payable in installments, only the amount of each installment paid during the calendar year shall be included in the taxes for that year); (ix) costs for the maintenance or management and repair of the Building and the Building Exterior Common Areas personal property used in connection therewith (excluding repairs and the costs, including, without limitation, legal maintenance costs which are paid from proceeds of insurance of which are paid by, Tenant or other third parties, and consulting fees, of contesting or attempting alterations attributable solely to reduce any tenants of the aforesaid taxes, Building other than Tenant); (x) amortization of the cost of installation of capital improvements investment items which are primarily for the purpose of reducing operating costs or which may be required by applicable law laws effective on or which will improve after the efficiency of operating, managing or maintaining the Building or which will reduce Landlord's operating expenses or the rate of increase thereof, the cost of labor, materials, repairs, insurance, utilities Commencement Date, and services and such other expenses with respect to the operation (the cost of all such capital improvement items and installation improvements shall be amortized by Landlord over the longer useful life thereof, with interest at 8% per annum on the amount unamortized from time to time; (xi) advertising and leasing fees; and (xii) legal and accounting expenses, including, but not limited to, such expenses as related to seeking or obtaining reductions in and/or refunds of either real estate taxes; and (xiii) commercially reasonable management fees. Notwithstanding the foregoing, the following costs shall be excluded from the definition of Basic Costs: 1. Costs for which Landlord receives reimbursement from others (including reimbursement from insurance) as a payment other than for Basic Costs, 2. Interest, charges and fees incurred on debt or payments on any deed of trust or ground lease on the Premises of which Landlord is debtor, trustor, or lessee; 3. Costs incurred in repairing, maintaining or replacing any structural elements of the Building for which Landlord is responsible pursuant to Paragraph 13(a) hereof; 4. Expense reserves; 5. Costs in the nature of depreciation and amortization, 6 6. Accounting costs, except those incurred in connection with the accounting of Basic Costs; 7. Costs incurred as a result of casualties to the extent reimbursed or reimbursed by the insurance required to be carried by Landlord hereunder 8. Costs incurred as a result of the exercise of the power of eminent domain; 9. Earthquake or terrorism insurance deductibles, except to the extent used for repair or reconstruction and the costs amortized over the useful life of such improvement the repaired or such period reconstructed improvements so damaged; 10. Costs of a capital nature, including but not limited to capital improvements and alterations, capital repairs, capital equipment, and capital tools as permitted by GAAP), and an administration and management fee equal to four percent (4%) of the Base Rental and Additional Rental due for the same period of time, all of which expenses shall be incurred or paid by or on behalf of Landlord or are properly chargeable to Landlord's operating expenses determined in accordance with generally accepted accounting principles as applied principles, excepting only capital expenditures for improvements or changes to the operation, maintenance and management of a first class office building. Notwithstanding the foregoing, it is agreed that the Basic Costs shall not include: any leasing or marketing or brokerage costs, fees, or commissions; any cost of upfitting space for occupancy by tenants; any amortization of principal or interest on account of any indebtedness; any legal expenses arising out of any misconduct or negligence of Landlord or any person for Building, which Landlord is responsible or arising out of dealings between any principals constituting Landlord or arising out of any leasing, sale or financing of the Building or the Land or any part of either of them; or, except as expressly permitted above, the costs of capital improvements (i.e., the costs of any capital improvements unless such costs are required by applicable law laws, ordinances, or other governmental regulations effective after the Commencement Date, and capital expenditures which will improve have the efficiency effect of operating, managing or maintaining reducing Operating Expenses, to the Building or which will reduce Landlord's operating expenses or the rate of increase thereof, extent the cost of labor, materials, repairs, insurance, utilities all such capital improvements are amortized over the useful life of said improvements, pursuant to Paragraph 4(b); to the extent permitted under this Lease, capital costs shall be amortized over their useful life. Advertising and services and such other expenses marketing expenses, including the cost of any tenant parties paid by Landlord; 13. Costs with respect to the operation). creation of a mortgage or a superior lease or in connection with a sale of the Building; 14. Landlord's or Landlord's property manager's corporate general overhead or corporate general administrative expenses; 15. overhead profit increments paid to Landlord's subsidiaries or affiliates for management or other services on or to the building or for supplies or other materials to the extent that the cost of the services, supplies, or materials materially exceeds the cost that would have been paid had the services, supplies, or materials been provided by unaffiliated parties on a competitive basis; 16. any compensation paid to clerks, attendants, or other persons in commercial concessions operated by Landlord; 17. any costs, fines, or penalties incurred due to late payment, negligence or willful misconduct on the part of Landlord, its agents, employees or contractors, or due to violations by Landlord of any governmental rule or authority, including without limitation, the cost of correcting any building code or other violations which were violations prior to the Commencement Date of this Lease; 18. the cost of containing, removing, or otherwise remediating any contamination or Hazardous Substances of the Building (including the underlying land and ground water) by any toxic or hazardous materials (including, without limitation, asbestos and "PCB's") where such contamination was not caused by Tenant; 19. wages, salaries, or other compensation paid to any executive employees above the grade of senior building or project manager; and 20. any other expense that under generally accepted accounting principles and practices, or the guidelines published by groups such as the building owners and manager's association, would not be considered a normal maintenance or operating expense. 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Found in DANGER INC contract
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Basic Costs. Defined in Exhibit C as attached hereto.
Found in Surge Holdings, Inc. contract
Basic Costs. Defined in Exhibit C as attached hereto.
Found in ENERNOC INC contract
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Basic Costs. Shall have the meaning set forth in Paragraph 7 herein, subject to adjustment as provided in Section 7 of Exhibit E hereof.
Found in DATAPATH INC contract
Basic Costs. Intentionally omitted.
Found in ENGLOBAL CORP contract
Basic Costs. Is defined in Exhibit C attached hereto.
Found in SIGE SEMICONDUCTOR INC contract
Basic Costs. Are defined in Exhibit C attached hereto. Tenant's initial estimated monthly Basic Costs payment is $6,149.36.
Found in ASSET ACCEPTANCE CAPITAL CORP contract
All Definitions