Expense Limitation Agreement between Garnder Lewis Investment Trust and Garnder Lewis Aset Management, Inc. dated February 28, 1999. 4 pages
Description: The San Jose California Expense Limitation Agreement is an official legal document that establishes a method of determining and restricting expenses within the city of San Jose, California. This agreement aims to manage and control the financial obligations of entities, such as businesses and organizations operating within the city's jurisdiction. San Jose, as a dynamic metropolitan city, recognizes the need for prudent financial management to ensure fiscal responsibility and maintain economic stability. The Expense Limitation Agreement encompasses various regulations aimed at curbing excessive spending and promoting efficient allocation of resources. By adhering to this agreement, entities agree to abide by the prescribed limitations and guidelines set forth by the city. This agreement encompasses different types or aspects that entities must consider, including: 1. Municipal Expense Limitation Agreement: This agreement focuses on the financial obligations of entities within the municipal sector, such as local government offices, public utilities, and municipal service providers. It outlines constraints on operating costs, capital expenditures, and other expenses relevant to the provision of public services. 2. Business Expense Limitation Agreement: As the economic hub of Silicon Valley, San Jose recognizes the importance of monitoring business expenses to maintain a healthy business environment. The agreement sets limits on various expenditures related to operational costs, infrastructure development, marketing, and advertising expenses, aiming to foster sustainable economic growth. 3. Construction Expense Limitation Agreement: This agreement caters specifically to construction companies and contractors operating within the city. It establishes controls and limits on construction costs, material expenses, labor charges, and other related expenditures. This ensures that construction activities align with the overall city development plans while preventing unnecessary cost overruns. 4. Environmental Expense Limitation Agreement: San Jose places significant emphasis on environmental sustainability. This agreement pertains to expenses incurred by entities that impact the environment directly or indirectly. It covers areas such as waste management, pollution control, renewable energy adoption, and environmental conservation efforts. The agreement encourages entities to invest in eco-friendly practices while limiting excessive expenses. Overall, the San Jose California Expense Limitation Agreement is a comprehensive framework that guides entities within the city's jurisdiction in managing their expenses responsibly. By adhering to the agreement's provisions, entities can contribute to the city's financial stability, economic growth, and environmental sustainability while ensuring fiscal discipline and accountability.
Description: The San Jose California Expense Limitation Agreement is an official legal document that establishes a method of determining and restricting expenses within the city of San Jose, California. This agreement aims to manage and control the financial obligations of entities, such as businesses and organizations operating within the city's jurisdiction. San Jose, as a dynamic metropolitan city, recognizes the need for prudent financial management to ensure fiscal responsibility and maintain economic stability. The Expense Limitation Agreement encompasses various regulations aimed at curbing excessive spending and promoting efficient allocation of resources. By adhering to this agreement, entities agree to abide by the prescribed limitations and guidelines set forth by the city. This agreement encompasses different types or aspects that entities must consider, including: 1. Municipal Expense Limitation Agreement: This agreement focuses on the financial obligations of entities within the municipal sector, such as local government offices, public utilities, and municipal service providers. It outlines constraints on operating costs, capital expenditures, and other expenses relevant to the provision of public services. 2. Business Expense Limitation Agreement: As the economic hub of Silicon Valley, San Jose recognizes the importance of monitoring business expenses to maintain a healthy business environment. The agreement sets limits on various expenditures related to operational costs, infrastructure development, marketing, and advertising expenses, aiming to foster sustainable economic growth. 3. Construction Expense Limitation Agreement: This agreement caters specifically to construction companies and contractors operating within the city. It establishes controls and limits on construction costs, material expenses, labor charges, and other related expenditures. This ensures that construction activities align with the overall city development plans while preventing unnecessary cost overruns. 4. Environmental Expense Limitation Agreement: San Jose places significant emphasis on environmental sustainability. This agreement pertains to expenses incurred by entities that impact the environment directly or indirectly. It covers areas such as waste management, pollution control, renewable energy adoption, and environmental conservation efforts. The agreement encourages entities to invest in eco-friendly practices while limiting excessive expenses. Overall, the San Jose California Expense Limitation Agreement is a comprehensive framework that guides entities within the city's jurisdiction in managing their expenses responsibly. By adhering to the agreement's provisions, entities can contribute to the city's financial stability, economic growth, and environmental sustainability while ensuring fiscal discipline and accountability.