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_._ gp_. ~p499s 16 $1,fl95,6.56.57 exceeds (B} the sum of (i} all non-operating costs and expenses with respect to the Projeet incurred by the Partnership prior to the Completion Date, including without limitation, as non-operating costs and expenses, organization costs, financing costs, commitment costs, legal and accounting ,. fees, syndication casts, interest and expenses of the Mortgage Loan, real estate and other taxes, but excluding (w) the payments to Meridith Property Management Corp. described in Section 16.1; (ii) all non-operating costs and expenses described in Section 8.3.1(8)(1) above (excluding those described in clause (w) of such Section) incurred after December 31, 1981 that relate to or ari~~ in connection with the construction or financing of the Project; and (iii) the eacess, if any, of (a} all operating expenses of the Partner- ship for each calendar year or fraction thereof from the date of this Agreement through December 31, 1981 (excluding, however, any depreciation, the fees described in Section 16.1 and all expenses described in Section 8.3.1(B)(i) and (B)(ii} above), and all amounts payable for each such year ~r fraction thereof to amortize any debts of the Partnership (other than the H~rtgage Loan), over (b) the gross rental income of the Rartnership for each such year or fraction thereof (excluding the portion of any advance rentals nvt attributable to periods of occupancy ending on or before the end of each such year or )