Expense Escalation. 4.1 Tenant shall pay to Landlord, as additional rent, expense escalation in accordance with this Article.
Expense Escalation. 5.1. Tenant shall pay to Landlord, as additional rent, expense escalation in accordance with this Article 5: Definitions: For purposes of this Article 5, the following definitions shall apply:
Expense Escalation. For purposes of this Article:
Expense Escalation. For the purposes of Sections 4.07 - 4.11:
Expense Escalation. (a) Tenant shall pay to Landlord as additional rent under this Lease at the times hereinafter set forth Tenant's Share as specified in Paragraph 2 of any increase in the operating Expenses incurred by Landlord in each calendar year subsequent to the Base Year specified in Paragraph 2 over the Operating Expenses incurred by Landlord during such Base Year. The term "
Expense Escalation. In order to adjust during the term of this Lease for increases in the expenses of the Landlord with respect to the Basement Premises, the Tenant shall pay to the Landlord, as additional rent, commencing on the first anniversary of the D-1 Commencement Date and on the anniversary of that date in each succeeding year thereafter, the amount indicated in Exhibit E as the Expense Payment, such amount to be paid (in addition to the fixed rent) in twelve equal monthly installments. Additional rent shall be payable with respect to the Premises in accordance with the provisions of Article THIRTY of the Lease.
Expense Escalation. In order to adjust during the term of this lease for increases in the expenses of the Landlord in operating the building, the Tenant shall pay to the Landlord, as additional rent, commencing on May 1, 2001 and on each May 1st thereafter, the amount indicated in Exhibit B as the Expense Payment, such amount to be paid (in addition to the fixed rent) in twelve equal monthly installments.
Expense Escalation. A. For purposes of this lease the following terms shall have the following meanings: (i) "Rate" shall mean the minimum regular hourly wage rate without fringe benefits prescribed for Porters (as hereinafter defined) for Class A office buildings (or any successor category), pursuant to the present and any successor agreement between the Realty Advisory Board on Labor Relations, Incorporated (or any successor thereto) and Local 32B of the Building Service Employees International Union, AFL-CIO (or any successor thereto), covering the wage rates for Porters in such buildings ("Agreement"), provided, however, that if, at any time during the term hereof: (a) regular employment of Porters occurs on days or during hours when overtime or other premium pay rates are in effect pursuant to the Agreement, "Rate" shall mean the average hourly wage rate for the hours in a calendar week during which Porters are regularly employed (e.g., if, pursuant to the Agreement, the regular weekly employment of Porters is for forty (40) hours at a regular hourly wage rate of $20.00 for the first thirty (30) hours and an overtime hourly wage rate of $30.00 for the remaining ten (10) hours, the average hourly wage rate for the applicable period shall be the weekly wage rate of $900.00 divided by the number of regular hours of employment, to wit, forty (40), or $22.50); and (b) no Agreement exists, "Rate" shall mean the average minimum regular hourly wage rate actually payable to Porters by Owner or the contractor performing cleaning services in the Building, or, if no Porters are employed at the Building, such rate for Porters employed at Class A office buildings (as such buildings are presently described in the Agreement); (ii) "Base Rate" shall mean the Rate in effect on January 1, 1998; (iii) "Multiplication Factor" shall mean 2,700; and (iv) "Porters" shall mean those employees who have been employed for ten (10) years or more and who are engaged in the general maintenance and operation of office buildings, classified as "Others" in the current Agreement, or, failing such classification in any subsequent Agreement, the most nearly comparable classification in such Agreement.
Expense Escalation. (a)Tenant shall pay on account of the operating expenses of the Building the following annual amounts (such amount with respect to any Lease Year, the “Expense Escalation”): (i) with respect to the first Lease Year, the product of (A) one percent (1.0%) multiplied by (B) the Fixed Rent payable with respect to such Lease Year and (ii) with respect to each Lease Year thereafter, the product of (A) one percent (1.0%) multiplied by (B) the sum of (x) the Fixed Rent payable with respect to such Lease Year and (y) the Expense Escalation payable with respect to the immediately preceding Lease Year. The Expense Escalation shall be payable by Tenant in equal monthly installments in advance on the first day of the second Lease Year and on the first day of each calendar month thereafter during the Term and shall be deemed a recurring Additional Rent for all purposes of this Lease. If the Fixed Rent payable in respect of any Lease Year shall increase during such Lease Year by reason of the occurrence of the Phase II Rent Commencement Date, the Expense Escalation shall be increased accordingly.
Expense Escalation. 4.4.1 For purposes of this Section 4.4, the term “Expenses” shall mean the aggregate of those expenses (other than those expressly excluded below) incurred or accrued by Landlord with respect to each Fiscal Year in accordance with standard accounting practices of the real estate industry with respect to the operation of first class office buildings in midtown Manhattan (“Standard Accounting Practices”) in connection with operating, repairing, managing, equipping, securing, protecting, maintaining, replacing, renewing, cleaning, decorating and inspecting the Building and/or Land. Without limiting the generality of the foregoing, “Expenses” shall include the following items, whether directly incurred or through separate contract therefor:
