Common use of Increases in Basic Operating Expenses Clause in Contracts

Increases in Basic Operating Expenses. For each calendar year during which any part of the Term falls, Tenant shall pay to Landlord Tenant's Proportionate Share of the excess, if any, in Basic Operating Expenses for the Leased Premises for such year (the "Excess Operating Expenses") over the Base Operating Expense Amount. Such payment shall be prorated for any partial calendar year during the Term.

Appears in 3 contracts

Sources: Office Lease (Ea Engineering Science & Technology Inc), Office Lease (Ea Engineering Science & Technology Inc), Office Lease (Ea Engineering Science & Technology Inc)