Operating Statement definition

Operating Statement shall have the meaning set forth in Section 27.1 hereof.
Operating Statement means a statement in reasonable detail setting forth a comparison of the Operating Expenses for an Operating Year with the Base Operating Expenses and the Escalation Rent for the preceding Operating Year pursuant to the provisions of this Article 27.
Operating Statement shall have the meaning given to such term in Section 10.5.

Examples of Operating Statement in a sentence

  • The amounts reported on the Operating Statement and Balance Sheet (DHCD Forms 51-1 and 51-2, respectively) reconcile to the LHA's general ledger.

  • Utilization, cost, and charges are also included in the applicant’s Three-Year Projected Operating Statement (see Attachment 1).

  • Pending that, all entries on this Operating Statement are for information only.

  • Compare revenue reported in Accounts #3110, #3190, #3610 and #3690 in the Operating Statement (51-1) to theGeneral Ledger to the amounts reported in the ANUEL & Subsidy Worksheet.NEC.

  • Operating lease payments are charged to the Operating Statement in the periods in which they are incurred.


More Definitions of Operating Statement

Operating Statement means a written statement prepared by Landlord or its agent, setting forth Landlord's computation of the sum payable by Tenant under this Article for a specified Operating Year.
Operating Statement. As such term is defined in Section 10.1(m).
Operating Statement shall have the meaning ascribed to such term in Section 12.5.
Operating Statement means an operating statement with respect to the Project, in substantially the form of Exhibit L.
Operating Statement. A current, detailed statement of income and expenses from and for managing, maintaining and operating each Property, in form and substance acceptable to Agent, certified as true, correct and complete by the Borrower's advisor's account controller or any other authorized agent, and expressly showing all variations from the Operating Budget for the period covered thereby.
Operating Statement means a current, detailed statement of income and expenses from and for managing, maintaining and operating the Project (or any portion thereof), in form and substance acceptable to Lender, certified as true, correct and complete by the Managing General Partner of Xxxxxxxx, and expressly showing all variations from the Operating Budget for the period covered thereof.
Operating Statement means the operating statement required by AAS 27;