Base year amount Clause Samples
Base year amount. Notwithstanding any provisions to the contrary in the Lease, for purposes of calculating Tenant’s Share of the annual Operating Expenses applicable with respect to the First Floor Premises only, the Base Year Amount with respect to the First Floor Premises only shall be the Operating Expenses for calendar year 2006, and, for the First Floor Premises only, Tenant shall not owe any Additional Rent with respect to Tenant’s Share of annual Operating Expenses until January 1, 2007.
Base year amount. In this paragraph, the term ‘‘base year amount’’ means the total amount received by all States and outlying areas under the grants described in subparagraph (A) for fis- cal year 2004.