Common Area Costs means, without duplication, the total reasonable, actual and customary cost and expense incurred by Lessor in operating and maintaining the Common Areas (which operating and maintaining shall be performed by Lessor in a manner consistent with Comparable Maintenance Standards) including, without limitation, the cost of all fire, casualty, liability or other insurance relating thereto (except for any increase in insurance premiums caused by the acts or omissions of other tenants of the Building); costs of utilities serving the Common Areas and all other non-separately metered utilities (but excluding HVAC serving Lessee or any other occupant on an exclusive basis, the cost of which is borne by Lessee pursuant to Section 7.1(b) hereof and excluding the shared utilities costs included in Building Specific Costs pursuant to Section 5.1(d) hereof or the Shared Utilities Charge recovered under Section 11 hereof); assessments levied pursuant to and amounts payable on account of any covenants, conditions, and restrictions affecting the Park or any portion thereof, provided, that any future assessments shall not exceed assessments generally charged under common maintenance regimes for projects comparable to the Park, and the cost of common area maintenance allocated to the Building shall be determined by reference to the floor area of the Building compared to the floor area of all buildings included within such common maintenance regime; maintenance and repair of the sprinkler systems, sanitary control; removal of snow, trash, rubbish, garbage and other refuse from the Common Areas; repairs, replacements and general maintenance of the Common Areas, except for those repairs to the extent paid for by proceeds of insurance or by Lessee or other Occupants; all maintenance, janitorial and service agreements and costs of supplies and equipment used in maintaining the Common Areas and the equipment therein including, without limitation, any elevator maintenance, window cleaning, and landscaping not the responsibility of Lessee under this Lease or of any other Occupant; costs of operating and maintaining any utility systems located within the Property that serve the Premises and other premises thereon, including, without limitation, the electrical distribution system and related substations, if any; and the cost of personnel employed directly and reasonably related to implement such services; provided, however that Lessor shall use its commercially reasonable efforts to ass...
Common Area Costs means the total costs and expenses incurred in operating, managing and maintaining the Shopping Center and the Common Areas, including but without limitation, such maintenance, repair, replacement and remodeling as shall be required in Landlord's sole and absolute judgment to preserve the utility thereof in the same condition and status as existed at the time of completion of the original construction. Common Area Costs shall also include Tenant's share of insurance costs.
Common Area Costs means the Landlord's reasonable gross costs of operating and maintaining the common areas and facilities of the Leasehold Premises, whether paid to third parties or to persons or entities controlled by or under common control with Landlord; if payments are made to persons or entities related to, controlled by or under common control of Landlord or persons related to Landlord's principals, such costs may not be in excess of what would have been charged by an unrelated party. Common Areas are all portions of the Leasehold Premises, except those areas which are leased to Tenants, or intended by Landlord to be leased to Tenants or to be occupied by Landlord. Common Areas include, but are not limited to, the parking areas owned, leased or otherwise provided by the Landlord at the Leasehold Premises, the public conveniences of the Leasehold Premises, and all other areas of the Leasehold Premises constructed, purchased or leased by Landlord which are intended by Landlord to be used in common by the Tenants of the Leasehold Premises or their customers, now and at any time during the Lease Term. Landlord's gross costs of operating and maintaining the Common Areas of the Leasehold Premises include, but are not limited to, all costs and expenses of operating, repairing, lighting, cleaning, painting, striping, policing and security (including the cost of uniforms and equipment), all employment taxes, insurance, including liability insurance for personal injury, death and property damage, insurance against fire, extended coverage, theft or other casualties, xxxxxxx'x' compensation insurance covering personnel, fidelity bonds for personnel, plate glass insurance for glass exclusively serving the area in which the common facilities are from time to time located; removal of snow, ice, and debris;; costs and expenses of inspecting, machinery and equipment used in the operation and maintenance of the common facilities and personal property taxes and comparable other charges incurred in connection with such equipment; costs and expenses of maintaining flowers, shrubbery and planters; management fees paid to the Leasehold Premises' manager and/or management company, with such fees not to exceed fees paid for comparable services in similar buildings in the area; clerical, bookkeeping and accounting fees, office supplies and equipment; sanitary and exterminating; the costs of maintaining and repairing exterior walls where necessary; maintenance and repair of drain pipes, electr...
Examples of Common Area Costs in a sentence
Landlord shall furnish Tenant a statement in reasonable detail of Landlord’s actual Common Area Costs ....” The court then looked to accepted law that “unambiguous contractual language must be enforced as it is written” in granting summary judgment for the tenants.
For example, the relevant section of Spiegelhoff’s lease states, “The Common Area Costs shall cover all costs and expenses of every kind and nature paid or incurred by Landlord ...
Occupancy Cost is calculated by dividing (c) Average Sum of Rent and Recoverable Common Area Costs per Square Foot by (a) Average Annual Tenant Sales per Square Foot.
Tenant shall pay its proportionate share of the actual Common Area Costs during the Term.
Foretakene består ikke bare av styrer og toppledere, de består for eksempel av systemdesignere, men først og fremst består de av et stort antall forskjellige helsefaglige profesjoner.
More Definitions of Common Area Costs
Common Area Costs with respect to any year shall mean the total costs and expenses incurred by Landlord or its agents during such year for operating, maintaining, repairing and/or replacing all or any part of the Parking Areas and other Common Areas (and any installations thereon, thereunder or thereover), and any Common Facilities (as hereinafter defined, including any Common Facilities located upon or under the Premises), which costs and expenses shall include, but shall not be limited to, the following: the total costs and expenses incurred in cleaning, mowing, trimming, replanting and maintaining the lawns and landscaping within the Shopping Center; the costs of all Landlord’s insurance (other than Landlord’s fire and casualty insurance), including, but not limited to, bodily injury, public liability, property damage liability, automobile parking lot liability, workmen’s compensation, and any other insurance carried by Landlord with respect to the Common Areas or any part thereof; all costs for repairs, repaving, line repainting, exterior repainting, rental and maintenance of signs’ and equipment, lighting, sanitary control, removal of snow and ice, trash, rubbish, garbage and other refuse, repair and/or replacement of water lines, electrical lines, gas lines, sanitary sewer lines and storm water lines; all costs for repairs, replacements, alterations or improvements to the Parking Areas and other Common Areas and Common Facilities required by governmental statutes, ordinances, regulations or other requirements, including without limitation those relating to accessibility and usability; all electrical, water, sewer or other utility charges for serving the Common Areas (including any off-site sanitary treatment plants serving the Shopping Center and all pipes leading to and from the same); the cost of personnel to implement such services; wages and salaries (including employee benefits) of any personnel; personal property taxes, sales and use taxes on material, equipment, supplies and services; fees for required licenses and permits; fire, security and police protection; supplies, materials and labor. In addition there shall be include a charge equal to fifteen percent (15%) of all such costs and expenses incurred by Landlord to cover Landlord’s administrative overhead.
Common Area Costs means all costs reasonably incurred for operation, maintenance and repair of the Common Areas and supervision thereof, including but not limited to, repairing, surfacing, sealing, repainting and restriping the parking areas, cleaning, sweeping and other janitorial services, sanitation, snow and ice removal, maintenance of Common Area refuse receptacles, maintenance, irrigation, and replanting existing landscaping areas (including in adjacent right-of-ways), repairing directional signs and other markers, payment of utility costs consumed in the Common Areas, and Maintenance of lighting and other utilities and taxes, insurance. Tenant will be absolutely responsible for all Common Area Costs irrespective of how such cost is itemized, identified, or labeled and even if such cost is billed to the Landlord. Tenant shall be absolutely responsible for managing the Premises and there will be no allocation of a management fee to the Landlord
Common Area Costs means all costs and expenses of the nature hereinafter described which am incurred in connection with ownership and operation of the Building or the Project in which the Premises are located, as the case may be not directly allocable to or payable by a single tenant in the Building or the Project, together with such additional facilities as may be determined by Landlord to be reasonably desirable or necessary to the ownership and operation of the Building and/or Project. Common Area Costs shall not include any capital expenditures, except to the extent such expenditures benefit the occupants of the Project, Building, and Tenant during the term of the Lease and are amortized over the useful life of the property acquired or constructed as a result of such expenditure. All costs and expenses shall be determined in accordance with generally accepted accounting principles which shall be consistently applied (with accruals appropriate to Landlord's business), including but not limited to, the following:
Common Area Costs means the total costs and expenses incurred in operating, managing and maintaining the Shopping Center and the Common Areas, including but without limitation, such maintenance, repair, replacement and remodeling as shall be required in Landlord's sole and absolute judgment to preserve the utility thereof in the same condition and status as existed at the time of completion of the original construction.
Common Area Costs shall exclude:
Common Area Costs means all costs, expenses and other expenditures of any nature whatsoever, foreseen or unforeseen, ordinary or extraordinary, (including capital expenditures) incurred in connection with the administration, supervision, management, enforcement, billing, construction supervision, records management, repair, maintenance, alteration, improvement, replacement, insurance, design, building and zoning code compliance, control and security for or with respect to the Common Areas.
Common Area Costs or "CAM" shall mean the total costs and expenses incurred in operating, heating, ventilating, cooling, security, insurance, sprinklering, compactor expenses, managing, food court maintenance and maintaining the Common Areas, including but without limitation, such maintenance, repair, replacement and remodeling as shall be required in Landlord's sole and absolute judgment to preserve the utility thereof in the same condition and status as existed at the time of completion of the original construction and installation.