Common Area Charge. The cost associated with the operation and maintenance of the Common Area(s). As a Gross Lease, this cost is paid by Landlord under this Lease, and is included in the monthly rate specified is Section 4.02 of this Lease.
Common Area Charge. The Premises to be demised are located within an office/industrial park known as Forsgate Industrial Complex. Landlord, from time to time, will incur various expenses to maintain the Park for the benefit of all tenants. The Tenant shall pay three percent (3.0%) ("Tenant's Share") of the total costs and expenses incurred by Landlord in maintaining certain areas of the Park for items as follows: (i) the cost of maintaining Park signs and tenant directories; (ii) the cost of water, electricity and other utilities used in connection with the operation and maintenance of the Park and not part of any area demised to a tenant; (iii) the cost of insurance, including general liability insurance, which is carried by Landlord and is usual and customary under the circumstances; (iv) other costs reasonably incurred by Landlord to maintain the Park or costs incurred for services benefiting all tenants or occupants of the Park which, in the reasonable opinion of Landlord, are a service desirable to operate the Park. The cost of maintaining common facilities used by all tenants, such as common grass areas, boulevard dividers, curbing and lighting. Tenant shall pay to the Landlord as an additional charge, annually, Tenant's Share of such common Park expenses for each calendar year. At the end of each calendar year, Landlord shall furnish Tenant with a statement called "Landlord's Expense Statement" setting forth in reasonable detail the common area Complex expenses for such calendar year. Tenant's share of such charges shall not exceed, on an annual basis, FIVE THOUSAND TWO HUNDRED FIFTY and NO/100 Dollars ($5,250.00), such sum adjusted to be increased per annum by the percentage increase, if any, of the cost of living from January 1, 1996 to December 31 of the year for which the bill is rendered by Landlord to Tenant. The cost of living increaxx xhall be measured by the Consumer Price Index for "All Items", the "Index" issued by the U.S. Department of Labor. In the event the Index is no longer issued or available or commonly used at the time a determination is to be made, the Landlord shall designate another index or criteria which will accurately reflect the increase in the cost of living which has occurred for the time period so to be determined. Tenant's Share of common area charges for Forsgate Industrial Complex, which shall become payable by Tenant during the calendar year in which this Lease commences or ends, shall be apportioned between Landlord and Tenant in acc...
Common Area Charge. All Taxes which are levied or assessed or which become a lien upon any portion of the Project or which become due or accrue during the Lease Term shall be a Common Area Charge, and Tenant shall pay as Additional Rent each month during the Lease Term 1/12th of its annual share of such Taxes, based on Landlord's estimate thereof, pursuant to Paragraph 12 below. Tenant's share of Taxes during any partial tax fiscal year(s) within the Lease Term shall be prorated according to the ratio which the number of days during the Lease Term or of actual occupancy of the Premises by Tenant, whichever is greater, during such year bears to 365.
Common Area Charge. (i) Commencing on February 1st, 2014 and continuing thereafter until this Lease is terminated on January 31st, TBD???, Tenant shall also pay to Landlord, without any offset or deduction whatsoever, an amount equal to Tenant’s annual Pro Rata Share (as defined below) of the Common Costs (as defined below) (which amount shall herein be called “Common Area Charge”), and which amount shall be paid in twelve (12) equal monthly installments paid concurrently with each payment of the Fixed Minimum Rent.
Common Area Charge. Tenant agrees to pay the sum of $36 each month to defray the cost of maintaining the common areas of the Park.
Common Area Charge. Tenant agrees to pay, as additional rental, a Common Area Charge equal to Tenant’s pro rata share of the Common Area Expenses. The Common Area Expenses shall include all of Landlord’s direct or indirect cost (including amortization, with interest at Landlord’s cost of funds, of capital expenditures, but only those incurred to comply with laws enacted after the Commencement Date or reasonably intended to materially reduce other Common Area Expenses; such amortization shall be over the useful life of the item in question) for operating, administering, managing, maintaining, repairing, protecting, conserving, replacing and improving (subject to the limitations set forth herein) the Center and all installations and facilities within the Center, other than those costs payable by a specific tenant of the Center pursuant to said tenant’s lease. Without limitation of the generality of the foregoing, Landlord’s cost shall include, but not to be limited to the following: lighting, cleaning, removing snow and ice from, painting, draining, insuring, securing, protecting, repairing, maintaining and replacing (to the extent permissible hereunder) installations, facilities, devices and systems within the Center (but any capital expenditures in connection therewith shall be subject to the first sentence above), taxes, wages, benefits and other expenses related to the Center, and a management fee not to exceed an amount equal to five percent (5%) of the total of gross rental revenues from the Center, excluding real estate taxes and such management fee. Tenant’s pro rata share of Landlord’s cost shall be based on the ratio which the total square feet of floor space of the Premises, including mezzanines, if any, bears to the total square feet of rentable floor space of all of the buildings in the Center, including mezzanines, but in no event less than 27,500 square feet. Landlord may adopt and change, from time to time, any reasonable method of computing or allocating the Common Area Expenses which is consistent with the above. Landlord may estimate Tenant’s Common Area Charges from time to time in which case Tenant shall pay said estimated Charges at such intervals as Landlord may direct. Any change in said estimate shall become effective thirty (30) days after written notice from Landlord of its determination under the provisions hereof. If the total amount paid by Tenant under this Article, for any calendar year during the term of this Lease, shall be less than the actual...
Common Area Charge. In the event that Tenants share a Common Area, Landlord may deduct from each Tenant in the Student Housing Project _% (each Tenant in the SHP is responsible for an equal amount of the charge) of the cost to put the common area back in the same condition as it was at the inception of the tenancy, less normal wear and tear.
Common Area Charge. All Taxes which are levied or assessed or which become a lien upon any portion of the Project or which become due or accrue during the Lease Term shall be a Common Area Charge, and Tenant shall pay as Additional Rent each month during the Lease Term 1/12th of its annual share of such Taxes, based on Landlord's estimate thereof, pursuant to Paragraph 12 below. Tenant's share of Taxes during any partial tax fiscal year(s) within the Lease Term shall be prorated according to the ratio which the number of days during the Lease Term bears to 365.
Common Area Charge. Tenant's Prorata Share (hereinafter defined) of Landlord's total annual costs of operating, maintaining and supervising the Common Areas (hereinafter defined) of the Property which includes, but is not limited to, removing snow, ice, trash, refuse, rubbish and garbage; cleaning, gardening and landscaping the Common Areas; providing for sanitary control of and for the Common Areas; carrying insurance for the Common Areas (including, without limitation, public liability, property damage, automobile, workmen's compensation covering personnel, sign and other insurance in limits selected by Landlord); installing, acquiring or repairing security measures, including security personnel; paying all management fees; repairing and replacing the paving, curbs, walkways, electric power lines, light poles, bulbs, drainage and equipment used in the Common Areas; providing for line painting; attending the parking areas; paying all governmental charges, surcharges, fees, or taxes on the parking areas, parking spaces or on cars parking therein; paying for the cost of all utilities used or consumed in the Common Areas; repairing and/or replacing of the water lines, sanitary sewer lines and storm sewer lines serving the Property; renting or purchasing of machinery, equipment and tools used in such maintenance, inspection and repair of facilities; paying the cost of signs, sign maintenance and sound systems; paying the personal property and similar taxes on Common Area equipment, machinery, tools, supplies and other personal property and facilities; paying the cost of personnel to implement such services and similar functions. Top
Common Area Charge. INCLUDED IN FIXED MINIMUM RENT
