Building Expenses. 5.1 Tenant also shall pay to Landlord as additional rent its proportionate share of Building Expenses for each calendar year (and a proportionate amount for any partial calendar year) during the term of this Lease (initial and renewal), whenever such Building Expenses exceed Four Thousand, Nine Hundred Eighty Seven and 50/100 Dollars ($4,987.50) for the Leased Premises. Tenant's pro rata share of all Building Expenses is Ten and 28/100ths percent (10.28%).
Building Expenses. Effective as of January 1, 2015, Section 6.2.2 of the Lease is hereby deleted in its entirety and the following is hereby inserted in lieu thereof:
Building Expenses. All tenants that have access to the Amenities in the Building are referred to herein as the “Collaborative Tenants.” The combined leased premises of all the Collaborative Tenants and the amenity area is collectively referred to herein as the “Collaborative Office.” Tenant will pay a pro-rata share of the total Building Expenses allocated to the Collaborative Office where the numerator is the square footage of the Premises and the denominator is the sum total of the square footage of the leased premises of all Collaborative Tenants including space held by Landlord to be rented by future tenants (“Tenant’s Building Expense Pro-Rata Share”).
Building Expenses. During the term of this lease and any renewal thereof, Landlord shall be responsible for direct payment of all operating costs associated with the premises including electric, gas, water and sewer consumption, real estate taxes, insurance, snow removal and landscaping.
Building Expenses. See Section 3.4.
Building Expenses. Included in the Expense Pass-Through of which Tenant shall pay Tenant's Proportionate Share as Additional Rent are Building Expenses. The Landlord will, at the beginning of each calendar year, deliver to Tenant a good faith estimate of Tenant's Proportionate Share of the Building Expenses which will be due during that year (the "Estmated Building Expenses"). Landlord agrees that except for snow removal, common area gas and electric, water & sewer, and taxes, the Building Expenses shall not increase by more than ten percent (10%) per year. Tenant agrees to pay one-twelfth (1/12) of the Estimated Building Expenses to Landlord as Additional Rent which shall be due at the same time and in the same manner as the Rent pursuant to Section 3.1. As soon as practicable each year and for that portion of the calendar year prior to the Expiration Date, Landlord shall deliver to Tenant a statement of the actual Building Expenses due from Tenant for the relevant period. If the amount of the Estmated Building Expenses paid by Tenant exceeds the amount of the actual Building Expenses, Tenant shall be given a credit for such amount against the Rent next becoming due under the terms of this Lease; provided, however, that upon termination of the Lease such excess Estimated Building Expenses paid by Tenant shall be rebated to the Tenant within thirty (30) days of the date the statement of the actual Building Expenses is delivered for such calendar year. If the amount of the Estimated Building Expenses is less than the amount of the actual Building Expenses, Tenant agrees to pay same to Landlord, within thirty (30) days after receipt of a statement therefor, the full amount of such difference. Tenant agrees to accept as final and determinative the amount and computation shown on the statement, unless Tenant, within fifteen (15) days after receipt thereof, notifies Landlord in writing of any claimed error therein, or requests in writing for Landlord to verify and detail the amounts of the Building Expenses on the statements. The Landlord shall provide such verification and detail to the extent such information is available to the Landlord without undue cost. In any event, the dispute in regard to computation of the correct charge to Tenant for the Building Expenses shall not be a reason or serve as a basis for Tenant to withhold any payments of Rent, Additional Rent or other charges and sums owed by Tenant to Landlord under the terms of this Lease. Building Expenses shall be tho...
Building Expenses. During the term of this lease and any renewal thereof, Tenant shall be responsible for their pro-rate share, of 53% based on square footage, of all operating costs associated with the premises including electric, gas, water and sewer consumption, snow removal and landscaping. Altamira agrees to maintain an account of all monthly expenses and agrees to provide the necessary common area services attributable to the building, and accordingly send a monthly statement and copies of all Utility Invoices and Common Area Maintenance Invoices to B.W. Rodgers for reimbursexxxx.
Building Expenses. The Tenant will pay, to the Landlord the following monthly payments to cover the estimated proportional costs of light, heat, building insurance, exterior building and property maintenance, and snow clearing: February 1, 2017 - One Hundred and Seventy Five dollars ($175.00) per month August 1, 2017 - Two Hundred and Seventy Five dollars ($275.00) per month February 1, 2018 - Three Hundred and Seventy Five dollars ($375.00) per month February 1, 2019 - Building Expenses review, Min. CPI (Victoria) increase
Building Expenses. A. During the calendar year 1996, Lessee acknowledges that Building Expenses as referred to in paragraph 4.3 of the Lease are estimated at $7.80 per square foot plus applicable tax. Lessee agrees to pay Building Expenses plus tax on the first of each month beginning on the Lease Commencement Date.
Building Expenses. Notwithstanding anything to the contrary, Lessee shall be responsible for up to a maximum five percent (5%) per annum increase on a cumulative basis for Building Expenses, exclusive of real estate taxes and/or special assessments, insurance, and utilities, which includes waste removal. Such maximum increase shall be based upon the actual operating expenses for calendar year 1996.
