Total Operating Expenses Definition Example with 4 Variations

Total Operating Expenses. All costs and expenses paid or incurred by the Company, Company and the Operating Partnership, as determined under GAAP, that are in any way related to the operation of the Company and the Operating Partnership or its their business, including asset management fees and other fees the Management Fees paid to the Advisor, but excluding (i) the expenses of raising capital such as legal, audit, accounting, underwriting, brokerage, listing, registration, including Organization and other fees,... printing and other such expenses and taxes incurred in connection with the issuance, distribution, transfer, registration and Listing, Offering Expenses, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with under the NASAA REIT Guidelines; Operating Partnership Agreement; (vi) Acquisition Fees, Origination Fees and Acquisition Expenses, (vii) Disposition Fees real estate commissions on the Sale of Real Property, and (viii) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgages or other property Investments (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair, repair and improvement of property). The definition of "Total Operating Expenses" set forth above is intended to encompass only those expenses which are required to be treated as Total Operating Expenses under the NASAA REIT Guidelines. As a result, and notwithstanding the definition set forth above, any expense of the Company which is not part of Total Operating Expenses under the NASAA REIT Guidelines shall not be treated as part of Total Operating Expenses for purposes hereof. View More

Total Operating Expenses. All costs and expenses paid or incurred by the Company, as determined under GAAP, that are in any way related to the operation of the Company or its business, including asset management fees and other fees paid to the Advisor, Advisory Fee, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and taxes incurred in connection with the... issuance, distribution, transfer, transfer and registration and Listing, of securities, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines; (vi) Acquisition Fees, Origination Fees acquisition fees and Acquisition Expenses, (vii) Disposition Fees real estate commissions on the Sale sale of Real Property, and (viii) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgages or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair, and improvement of property). The definition of "Total Operating Expenses" set forth above is intended to encompass only those expenses which are required to be treated as Total Operating Expenses under the NASAA REIT Guidelines. As a result, and notwithstanding the definition set forth above, any expense of the Company which is not part of Total Operating Expenses under the NASAA REIT Guidelines shall not be treated as part of Total Operating Expenses for purposes hereof. View More

Total Operating Expenses. All costs and the aggregate expenses of every character paid or incurred by the Company, Company as determined under GAAP, that are in any way related to the operation of the Company or its business, generally accepted accounting principles, including asset management fees and other fees paid to the Advisor, but excluding excluding: (i) the expenses of raising capital such as Organizational and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, registration and other fees, printing and other such expenses expenses, and taxes incurred in connection with the issuance, distribution, transfer, registration and Listing, Listing of the Shares; (ii) interest payments, payments; (iii) taxes, taxes; (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, reserves; (v) incentive fees paid in compliance with the NASAA REIT Guidelines; Incentive Distribution upon Sales and the Incentive Distribution upon Listing; and (vi) Acquisition Fees, Origination Fees Expenses, real estate commissions on resale of property and Acquisition Expenses, (vii) Disposition Fees on the Sale of Real Property, and (viii) other fees and expenses connected with the acquisition, disposition, management disposition (whether by sale, exchange or condemnation) and ownership of real estate interests, mortgages mortgage loans or other property (including (such as the costs of foreclosure, insurance premiums, legal services, maintenance, repair, repair and improvement of property). The definition of "Total Operating Expenses" set forth above is intended to encompass only those expenses which are required to be treated as Total Operating Expenses under the NASAA REIT Guidelines. As a result, and notwithstanding the definition set forth above, any expense of the Company which is not part of Total Operating Expenses under the NASAA REIT Guidelines shall not be treated as part of Total Operating Expenses for purposes hereof. property) View More

Total Operating Expenses. All costs and the aggregate expenses of every character paid or incurred by the Company, Company as determined under GAAP, that are in any way related to the operation of the Company or its business, generally accepted accounting principles, including asset management fees and other fees paid to the Advisor, but excluding excluding: (i) the expenses of raising capital such as Organizational and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, registration and other fees, printing and other such expenses expenses, and taxes incurred in connection with the issuance, distribution, transfer, registration and Listing, Listing of the Shares; (ii) interest payments, payments; (iii) taxes, taxes; (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, reserves; (v) incentive fees paid in compliance with the NASAA REIT Guidelines; Incentive Distribution upon Sales and the Incentive Distribution upon Listing; and (vi) Acquisition Fees, Origination Fees Expenses, real estate commissions on resale of property and Acquisition Expenses, (vii) Disposition Fees on the Sale of Real Property, and (viii) other fees and expenses connected with the acquisition, disposition, management disposition (whether by sale, exchange or condemnation) and ownership of real estate interests, mortgages mortgage loans or other property (including (such as the costs of foreclosure, insurance premiums, legal services, maintenance, repair, repair and improvement of property). The definition of "Total Operating Expenses" set forth above is intended to encompass only those expenses which are required to be treated as Total Operating Expenses under the NASAA REIT Guidelines. As a result, and notwithstanding the definition set forth above, any expense of the Company which is not part of Total Operating Expenses under the NASAA REIT Guidelines shall not be treated as part of Total Operating Expenses for purposes hereof. View More