Building Operating Expenses. “Building Operating Expenses” shall include all reasonable and necessary expenses incurred by Landlord in the ownership, operation, maintenance, repair and management of the Building in which the Premises are located, including, but not limited to the following:
Building Operating Expenses. The term “Building Operating Expenses” shall mean and include the Building’s Share of all Real Property Taxes, plus the Building’s Share of all Landlord’s Insurance Costs, plus the Building’s Share of all Project Maintenance Costs plus an accounting fee equal to three percent (3%) of Building Operating Expenses (other than said fee).
Building Operating Expenses. “Building Operating Expenses” shall mean the portion of Operating Expenses (as defined below) allocated to the tenants of the Building pursuant to the terms of Section 4.3 below.
Building Operating Expenses. Tenant shall pay during the Term hereof Tenant’s Percentage, as indicated above in Section 1.1, of all Building Operating Expenses (as hereinafter defined) incurred by Landlord in any calendar year on a fully net basis, with expenses that vary with occupancy calculated as if the Building were 95% occupied or, if higher, such higher rate of actual occupancy.
Building Operating Expenses. In addition to the rental herein provided to be paid by Lessee to Lessor, Lessee shall pay to the Lessor, on or before the first day of each month, as Additional Rent, the amount, if any, by which Lessee's proportionate share (as hereinafter defined) of Building Operating Expenses has increased over the Base Year 1996. Lessee's proportionate share of Building Operating Expenses is based upon a fraction, the numerator of which shall be the total number of square feet of real property in the entire complex of which the Premises are a part.
Building Operating Expenses. Building Operating Expenses" shall include all reasonable and necessary expenses incurred by Landlord in the operation, maintenance, repair and management of the Building and the Common Areas of the Building, including, but not limited to, (a) non-structural repairs to and maintenance of the roof, skylights and or walls of the Building; (b) repair, maintenance, utility costs and landscaping of the Building and Common Areas of the Building; (c) insurance deductibles (not to exceed $100,000 per calendar year) and premiums relating to the insurance maintained by Landlord with respect to the Building and the Common Areas of the Building; (d) service contracts for security, cleaning, janitorial and landscaping services and maintenance of HVAC systems and elevators, if any; (e) all wage and labor costs, including fringe benefits, applicable to persons engaged in the operation, maintenance and repair of the Building and the Common Areas of the Building as Landlord's agents or as independent contractors; (f) capital improvements made to or capital assets acquired for the Building and the Common Areas of the Building after the Commencement Date that reduce Building Operating Expenses or are reasonably necessary for the health and safety of the occupants of the Building or are required under any present or future governmental law or regulation, which capital costs, or an allocable portion thereof, shall be amortized over the useful life of such items, together with interest on the unamortized balance at an annual interest rate equal to Landlord's good faith estimate of its cost of funds for such capital improvements or capital assets but in all events not in excess of the Applicable Interest Rate; and (g) installation, maintenance, repair and replacement of telephone wiring within the Building. Building Operating Expenses shall also include an administrative fee to Landlord for accounting and project management services relating to the Building and the Common Areas of the Building in an amount equal to ten percent (10%) of the sum of Building Operating Expenses (other than the administrative fee) and Building Real Property Taxes. Building Operating Expenses shall not include (i) replacement of or structural repairs to the roof or the exterior walls; (ii) repairs to the extent covered by insurance proceeds, or paid by Tenant or other third parties; (iii) alterations solely attributable to tenants of the Building other than Tenant; (iv) capital improvements made to co...
Building Operating Expenses. For purposes of this Lease, the term “Building Operating Expenses” shall mean all expenses, costs and disbursements (but not replacement of capital investment items except as provided in Article 5.2(g), depreciation, debt service, income taxes, franchise taxes or specific costs especially billed to and paid by specific tenants) of every kind and nature which Lessor shall pay or become obligated to pay because of or in connection with the ownership and operation of the Land, the Building and all other improvements now or hereafter located thereon (hereinafter collectively called the “Complex”), including, but not limited to, the following:
Building Operating Expenses. In addition to Base Rent, Sublessee --------------------------- shall pay to Sublessor 53.62% (Sublessee's pro rata share) of all costs, expenses and disbursements of any kind paid or incurred by Sublessor in connection with the operation, management, maintenance, insurance, repair and other related activities in connection with the Common Areas, the exterior of the Building, the building systems, and the Building generally (excluding any costs or expenses related exclusively to other leasable premises in the Building) (the "Building Operating Expenses"). Sublessor shall have the right to include in the Building Operating Expenses the Property Tax Bills (as defined in the Lease) related to the Building. Notwithstanding the foregoing, in no event shall any costs paid by Sublessee as Operating Costs Share Rent or Tax Share Rent be included in Building Operating Expenses. Sublessee shall pay Sublessor such amounts within thirty (30) days of delivery of an invoice therefor by Sublessor.
Building Operating Expenses. Tenant shall pay directly all operating expenses for the Premises which shall include, but not necessarily be limited to: the total cost of operating and maintaining the Building(and the property on which it sits)and all Building and property improvements; repairs and replacements of any types for the Building and property required to be made by Tenant under this Lease(subject to Tenant’s rights to utilize warranties from contractors and material or equipment suppliers to effect necessary repairs or replacements); and all premiums for insurance required under this Lease.
Building Operating Expenses a. Tenant shall pay as Additional Rent it's pro rata share of any Building Operating Expenses (as hereinafter defined) and shown in Exhibit "C". Landlord shall deliver to Tenant each year, on or before March 31 (or within a reasonable time thereafter), a statement setting forth the amount of Operating Expenses paid or incurred by Landlord, directly or indirectly, during the immediately preceding calendar year. This statement shall delineate Tenant's actual pro rata share of the demonstrated Building Operating Expenses for the preceding calendar year. Within thirty (30) days after delivery of the statement, Tenant shall pay to Landlord as Additional Rent, Tenant's share of such Building Operating Expenses not previously paid.
