Excess Expenses. In addition to the Monthly Basic Rent required to be paid by Tenant pursuant to Section 3.1 above, during each month during the Term of this Lease (after the Base Year noted in Section 1.10 of the Summary), Tenant shall pay to Landlord the amount by which Tenant’s Percentage of Operating Expenses for such calendar year exceeds Landlord’s Contribution to Operating Expenses (such amount shall be referred to in this Section 4 as the “Excess Expenses”), in the manner and at the times set forth in the following provisions of this Section 4.
Appears in 6 contracts
Samples: Office Lease (Lumena Pharmaceuticals, Inc.), Work Letter Agreement (Auspex Pharmaceuticals, Inc.), Work Letter Agreement (Axesstel Inc)
Excess Expenses. In addition to the Monthly Basic Rent required to be paid by Tenant pursuant to Section 3.1 above, during each month during the Term of this Lease (after the Base Year noted in Section 1.10 of the Summary), Tenant shall pay to Landlord the amount by which Tenant’s Percentage of Operating Expenses for such calendar year exceeds Landlord’s Contribution to Operating Expenses (such amount shall be referred to in this Section 4 as the “Excess Expenses”Expenses “), in the manner and at the times set forth in the following provisions of this Section 4.
Appears in 1 contract
Samples: Work Letter Agreement (Orexigen Therapeutics, Inc.)