Common use of Computation of Additional Rent Clause in Contracts

Computation of Additional Rent. Tenant shall pay Additional Rent for each Adjustment Year determined as hereinafter set forth. Additional Rent payable by Tenant with respect to each Adjustment Year during which an Adjustment Date falls shall include the following amounts: (i) Tenant's Proportionate Share multiplied by the Expenses for such Adjustment Year (the "Expense Adjustment"); plus (ii) Tenant's Proportionate Share multiplied by the Taxes for such Adjustment Year (the "Tax Adjustment").

Appears in 1 contract

Sources: Office Lease (Zebra Technologies Corp)

Computation of Additional Rent. Tenant shall pay Additional Rent for each Adjustment Year determined as hereinafter set forth. Additional Rent payable by Tenant with respect to each Adjustment Year during which an Adjustment Date falls shall include be the following amounts: (i) the product of Tenant's ’s Proportionate Share for Expenses multiplied by the Expenses for such Adjustment Year (herein called the "Expense Adjustment"); , plus (ii) the product of Tenant's ’s Proportionate Share for Taxes multiplied by the Taxes for such Adjustment Year (herein called the "Tax Adjustment").

Appears in 1 contract

Sources: Office Lease (Wells Real Estate Investment Trust Inc)