Common use of Basic Operating Cost Clause in Contracts

Basic Operating Cost. In addition to the Base Rent required to be paid hereunder, Tenant shall pay throughout the Term as Additional Rent, T▇▇▇▇▇’s Proportionate Share, as set forth in the Basic Lease Information, of Basic Operating Cost for the Building in the manner set forth below. “Basic Operating Cost” shall mean all expenses and costs of every kind and nature which Landlord shall pay or become obligated to pay, because of or in connection with the management, maintenance, repair, preservation and operation of the Project and its supporting facilities (determined in accordance with generally accepted accounting principles, consistently applied) including but not limited to the following:

Appears in 1 contract

Sources: Industrial Lease (Dragonfly Energy Holdings Corp.)

Basic Operating Cost. In addition to the Base Rent required to be paid hereunder, Tenant shall pay throughout the Term as Additional additional Rent, T▇▇▇▇▇’s Tenant's Proportionate Share, as set forth defined in the Basic Lease Information, Information of Basic Operating Cost for the Building in the manner set forth below. Basic Operating Cost” Cost shall mean all expenses and costs of every kind and nature which Landlord shall pay or become obligated to pay, pay and actually pays at a later date because of or in connection with the management, maintenance, repair, preservation and operation of the Project and its supporting facilities servicing the Project (determined in accordance with generally accepted accounting principles, consistently applied) including including, but not limited to to, the following:

Appears in 1 contract

Sources: Consent to Sublease Agreement (Cholestech Corporation)