Common use of Adjustment for Operating Expenses Clause in Contracts

Adjustment for Operating Expenses. (a) Tenant shall pay, as additional rent, Tenant’s Share of Expenses for the Property. For each Fiscal Year during the Term, Tenant’s Share of Expenses shall consist of the sum of (x) the excess of (i) Tenant’s Percentage of the sum of the total Operating Expenses for the Property and the total Taxes for the Property for that Fiscal Year over (ii) the Expense Base, and (y) a commercially reasonable charge for the provision of services to operate the Building during periods other than 8:00 am. to 6:00 pm. on weekdays and 9:00 am. to 1:00 pm. on Saturdays and to operate the Building on holidays (which are all days on which commercial banks in Boston, Massachusetts are authorized or required by law to close) (such periods being referred to herein as “Non-Business Hours”) that are fairly allocable to the Premises, if such services are requested by Tenant or are necessary, in Landlord’s reasonable judgment, for Tenant’s operations during Non-Business Hours. For any partial Fiscal Year at the beginning or end of the Term, Tenant’s Share of Expenses shall be adjusted proportionately for the part of the Fiscal Year falling within the Term. Tenant’s Percentage may be reduced if the Property is changed or reconfigured, but shall in all cases not exceed the percentage that the Rentable Square Feet in the Premises bears to the total rentable square footage in the Property, calculated on a consistent basis. In addition, Tenant shall pay, as additional rent, one hundred percent (100%) of any increase in Taxes not otherwise billed to Tenant which may result from any alteration, addition or improvement to the Premises that is made by or on behalf of Tenant, other than the Leasehold Improvements. Upon request of Tenant, Landlord shall supply to Tenant reasonable evidence of such increase in Taxes which shows that such increase is attributable to Tenant’s alteration, addition or improvement to the Premises.

Adjustment for Operating Expenses. (a) Throughout the Term, Tenant shall pay, as additional rent, Tenant’s 's Share of Expenses for the Property. For each Fiscal Year (as hereinafter defined) during the Term, "Tenant’s 's Share of Expenses Expenses" shall consist of the sum of (x) the excess of (i) Tenant’s 's Percentage of the sum of the total Operating Expenses (as hereinafter defined) for the Property and the total Taxes (as hereinafter defined) for the Property for that Fiscal Year; provided, however, if the Term includes only a portion of any Fiscal Year, either due to the beginning, termination or expiration of the Term or a change in the period of the Fiscal Year, the Expenses for such Fiscal Year over (ii) shall be prorated based on the Expense Basefraction of the total days in such Fiscal Year that are included in the Term, and (yTenant shall pay only such prorated Expenses. In the event that Landlord terminates this Lease with respect to any portion of the Premises under Section 6.3(a) or Tenant does not otherwise lease 100% of the rentable area within the Building, "Tenant's Share of Expenses" shall also include a commercially reasonable charge for the provision of services to operate the Building during periods other than 8:00 am. a.m. to 6:00 pm. p.m. on weekdays and 9:00 am. a.m. to 1:00 pm. p.m. on Saturdays and to operate the Building on holidays (which are all days on which commercial banks in Boston, Massachusetts are authorized or required by law to close) (such periods being referred to herein as “"Non-Business Hours”") that are fairly allocable to the Premises, if such services are requested by Tenant or are necessary, in Landlord’s 's reasonable judgment, for Tenant’s 's operations during Non-Business Hours. For any partial Fiscal Year at the beginning or end Hours (it being understood and agreed that so long as Tenant leases all of the TermBuilding, Tenant’s Share 100% of Expenses all expenses associated with operations during Non-Business Hours shall be adjusted proportionately for the part responsibility of the Fiscal Year falling within the Term. Tenant’s Percentage may be reduced if the Property is changed or reconfigured, but shall in all cases not exceed the percentage that the Rentable Square Feet in the Premises bears to the total rentable square footage in the Property, calculated on a consistent basis). In addition, Tenant shall pay, as additional rent, one hundred percent (100%) of any increase in Taxes not otherwise billed to Tenant which may result from any alteration, addition or improvement to the Premises that is made by or on behalf of Tenant, other than the Leasehold Improvements. Upon request of Tenant, Landlord shall supply to Tenant reasonable evidence of such increase in Taxes which shows that such increase is attributable to Tenant’s 's alteration, addition or improvement to the Premises.

Adjustment for Operating Expenses. (a) Beginning on the Commencement Date, Tenant shall pay, as additional rent, Tenant’s 's Share of Expenses for the Property. For each Fiscal Year during the Term, Tenant’s 's Share of Expenses shall consist of the sum of (x) the excess of (i) Tenant’s 's Percentage of the sum of the total Operating Expenses for the Property and the total Taxes for the Property for that Fiscal Year over (ii) the Expense BaseYear, and (y) a commercially reasonable charge for the provision of services to operate the Building during periods other than 8:00 am. a.m. to 6:00 pm. p.m. on weekdays and 9:00 am. to 1:00 pm. on Saturdays and to operate the Building on holidays (which are all days on which commercial banks in Boston, Massachusetts are authorized or required by law to close) (such periods being referred to herein as “Non-Business Hours”) that are fairly allocable to the Premises, if such services are requested by Tenant or are necessary, in Landlord’s 's reasonable judgment, for Tenant’s 's operations during Non-Business Hours. For any partial Fiscal Year at the beginning or end of the Term, Tenant’s 's Share of Expenses shall be adjusted proportionately for the part of the Fiscal Year falling within the Term. Tenant’s 's Percentage may be reduced if the Property is changed or reconfigured, but shall in all cases not exceed the percentage that the Rentable Square Feet in the Premises bears to the total rentable square footage in the Property, calculated on a consistent basis. In addition, Tenant shall pay, as additional rent, one hundred percent (100%) of any increase in Taxes not otherwise billed to Tenant which may result from any alteration, addition or improvement to the Premises that is made by or solely on behalf of Tenant. Landlord, other than the Leasehold Improvements. Upon request at its discretion, may also assess Tenant for any extraordinary item of cost or expense which may actually occur as a direct result of Tenant’s own distinct uses or activities which shall be itemized, Landlord shall supply to invoiced separately, and paid by Tenant reasonable evidence within thirty (30) days of such increase in Taxes which shows that such increase is attributable to Tenant’s alteration, addition or improvement to its receipt of the Premisesinvoice.