Common use of Common Area Operating Expenses Clause in Contracts

Common Area Operating Expenses. Lessee will pay all Operating Expenses for Building 65. The “Industrial Center” is made up of five separate buildings, with a total of 118,632 gross square feet. Each building has separate service for gas/electric, telephones, water and sanitary sewer. Upon Substantial Completion of leasehold improvements, Lessee should have the building gas/electric, and water/sewer accounts transferred to the Lessee for direct payment to the appropriate companies. Lessee shall make its own arrangements and pay for telephone line connection service and security monitoring service for Building 65 with a service company of its choice. Lessee shall make its own arrangements with outside service companies of its choice, to clean building interior, maintenance and repair to roof, maintenance and repair to roof mounted heating, ventilation and air conditioning system equipment, and maintenance and repair of building interior building elements. Lessor shall provide for normal “Industrial Center” services such as trash collection, parking lot maintenance and cleaning, landscape maintenance, common area lighting; Lessor pays real estate taxes and insurance and maintains the exterior of the Building and its common area. Costs for these assessments and services shall be passed through to the Lessee on a prorated basis either monthly, bimonthly, semiannually or annually, a schedule specifically consistent with Lessor’s obligation for payment of these various services or assessments.

Appears in 4 contracts

Samples: Sublease Agreement (AltheaDx, Inc.), Sublease Agreement (AltheaDx, Inc.), Sublease Agreement (AltheaDx, Inc.)

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