Common use of Base Costs Clause in Contracts

Base Costs. As used in this Lease, the term “Base Costs” shall mean Tenant’s Percentage of Operating Expenses and Taxes, respectively, incurred and paid by Landlord during calendar year 2016 (the “Base Year”).

Base Costs. As used in this Lease, the term “Base Costs” shall mean Tenant’s Percentage of Operating Expenses Expenses, Taxes, Insurance Costs and TaxesUtilities Costs, respectively, incurred and paid by Landlord during calendar year 2016 2011 (the “Base Year”). Base Costs are included in the Monthly Base Rent.