This office lease form is a clause regarding all direct and indirect costs incurred by the landlord in the operation, maintenance, repair, overhaul, and any owner's overhead in connection with the project.
Clause Defining Operating Expenses
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Multi-State
Control #:
US-OL19034B
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FAQ
The primary types of operating expenses include payments that are related to compensation, sales and marketing, office supplies and non-facility fees.
Operating Expense = $1.20 million + $2.00 million + $1.00 million + $0.75 million + $0.50 million + $0.30 million. Operating Expense = $5.75 million.
Non-operating expense, like its name implies, is an accounting term used to describe expenses that occur outside of a company's day-to-day activities. These types of expenses include monthly charges like interest payments on debt but can also include one-off or unusual costs.
Rent and utilities. Wages and salaries. Accounting and legal fees. Overhead costs such as selling, general, and administrative expenses (SG&A) Property taxes. Business travel. Interest paid on debt.
Also known as pre-operative expenses, preliminary expenses are shown on the asset side of a balance sheet. The portion which is written off from the gross profit in the current year is shown on the income statement and the remaining balance is placed in the balance sheet.
Also known as pre-operative expenses, preliminary expenses are shown on the asset side of a balance sheet. The portion which is written off from the gross profit in the current year is shown on the income statement and the remaining balance is placed in the balance sheet.
An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX, operating expenses include rent, equipment, inventory costs, marketing, payroll, insurance, step costs, and funds allocated for research and development.
Operating Expense = $1.20 million + $2.00 million + $1.00 million + $0.75 million + $0.50 million + $0.30 million. Operating Expense = $5.75 million.
