Excess Funds

Example Definitions of "Excess Funds"
Excess Funds. Shall mean Excess Funds as defined in the Management Agreement.
Excess Funds. Shall mean the amount of Escrowed Funds in excess of the Aggregate Escrow Obligation at any given time, excluding earnings on Escrowed Funds.
Excess Funds. All funds from operations received by each Specified Subsidiary less all operating expenses and capital expenditures of said entity which shall include, but not be limited to, debt service costs, taxes, insurance, management fees, operating expenses, community improvements, equipment, purchases and any other expenditure necessary to operate and maintain the assets owned by said Specified Subsidiary.
All Definitions