INCREASES IN OPERATING EXPENSES. 5.1 Commencing on the first day of the second Lease Year and thereafter during the Lease Term and any renewal thereof, Tenant shall pay to Landlord as Additional Rent Tenant's Operating Expense Percentage of any increase of Operating Expenses for each Calendar Year, falling entirely or partially within the Lease Term, over the Base Operating Expenses.
INCREASES IN OPERATING EXPENSES. Tenant’s pro rata share, equal to One and Five Tenths Percent (1.50%), of the amount of Operating Expenses in excess of the Base Year Operating Expenses calculated based upon 269,043 BOMA rentable square feet in the Building.
INCREASES IN OPERATING EXPENSES. (a) Commencing on January 1, 1999, Tenant shall pay to Landlord its proportionate share of the amount by which the Operating Expenses (as hereinafter defined) incurred by Landlord in the operation of the Complex during each calendar year exceed the actual Operating Expenses for the Base Year, calculated as the amount of such increase per square foot of Net Rentable Area in the Complex. Operating Expenses shall be grossed up to reflect an occupancy level of ninety-five percent (95%) within the Complex. Since a portion of the Complex is dedicated to retail uses which do not require many of the services provided to the office tenants, adjustments in the per-square-foot calculation of the Operating Expenses shall be made to allocate office Operating Expenses among the office tenants in the Complex and the other Operating Expenses chargeable to office and retail tenants among all tenants in the Complex. The allocation of office Operating Expenses shall be adjusted appropriately in the event of changes in either the amount of total Net Rentable Area in the Complex or the amount of office or retail area in the Complex.
INCREASES IN OPERATING EXPENSES. All increases in Operating Expenses shall be paid by Tenant in the proportion that the Net Rentable Area of the Leased Premises bears to the greater of ninety-five percent (95%) of the total Net Rentable Area in the Building or the total Net Rentable Area of space actually leased in the Building.
INCREASES IN OPERATING EXPENSES. NME Surveillance LLC shall have the right to increase the annual charges provided herein to reflect any additional taxes, licenses, permits, insurance premiums, fees or charges which hereafter may be imposed on NME Surveillance LLC by any utility, governmental agency or insurance carrier(s) relating to the service(s) provided under the terms if this Agreement and Subscriber agrees to pay the same or cancel service.
INCREASES IN OPERATING EXPENSES. In the event that the “operating expenses”, as hereinafter defined, incurred by Landlord relating to the operation and maintenance of the Building of which the leased Premises constitute a part are increased over the “base year” as hereinafter defined, Tenant covenants and agrees to pay Landlord, in addition to the basic rent payable under the terms of this Lease, as additional rent, a proportion of any such increase for any calendar year or portion thereof during the term of this Lease or any extension thereof. Such proportion shall be a fraction, having as its numerator the sum of the number of rentable square feet comprising the demised Premises and as its denominator the number of rentable square feet comprising the Building. Such additional rental shall be due and payable within ten (10) days after delivery of notice thereof to Tenant. The term “operating expenses” as used herein, means all direct and assignable costs of operation and maintenance of the Building during a calendar year as determined by standard accounting practices, and includes the following costs by way of illustration but not limitation - personal property taxes, ad valorem taxes, janitorial services, parking lot maintenance, landscape maintenance, insurance premiums, licenses, permit and inspection fees, utility charges, heating and air conditioning expenses, normal repairs, garbage and waste disposal expenses, labor, material and supplies. The term “operating expenses” as used herein, shall not include depreciation on the Building infrastructure or equipment, interest, leasing commissions, capital expenditures, or executive salaries. The term “base year” as used herein, shall mean the calendar year commencing on January 1, 2011, and ending on December 31, 2011, Tenant hereby recognizes that it may owe rents under this cost escalation provision which such amount will not be determinable at expiration or other termination of the term of this Lease; a final accounting under this provision will be submitted by Landlord to Tenant within ninety (90) days after such expiration of other termination of this Lease and Tenant shall remit amounts due within (30) days after receipt of such statement, Tenant, or its authorized agent or representative or a public accounting firm selected by it, shall have the right to inspect the books of the Landlord during business hours for the purpose of verifying information in such statement. Unless Tenant asserts specific error or errors within fifteen (1...
INCREASES IN OPERATING EXPENSES. It is mutually agreed that the calculation of the actual annual increase in the Operating Expenses for each Individual Unit of the John Wayne Executive Guild Project is dxxxxxxxx, costly, and time consuming. Therefore, in lieu of Tenant paying the actual increase in the Operating Expenses, Tenant shall pay, as "Additional Rent", at the same time as Base Rent, an amount equal to the increase, if any, in the Consumer Price Index ("CPI") for the Greater Los Angeles, Anaheim, Riverside (California) areas, in an amount not less than one percent (1%) per annum nor greater than three percent (3%) per annum, times the then current Base Rent amount. Security Deposit: $5,000.00. Landlord hereby acknowledges prior receipt of a total of $18,000.00 as Security Deposits from Tenant. By mutual agreement, $6,000.00 has been utilized as a credit to Tenant's Outstanding Balance and $7,000.00 as a Security Deposit for an additional Lease contract for space (Suite P-3) being concurrently occupied by Tenant. The remaining amount of $5,000.00 shall be utilized as a Security Deposit for Suite K-103. ///
INCREASES IN OPERATING EXPENSES a. Lessee shall pay to Lessor during the term hereof, in addition to the fixed minimal monthly rent pursuant to sections 2 and 37 of this Lease, Lessee's Share, as hereinafter defined, of the Increases in the Operating Expenses over the Base Year as hereinafter defined.
INCREASES IN OPERATING EXPENSES. 7 8. INCREASE IN REAL ESTATE TAXES.......................................9
INCREASES IN OPERATING EXPENSES. For each calendar year within which falls any part of the Term, Tenant shall pay to Landlord Tenant's Proportionate Share (as defined below) of the excess, if any, in Operating Expenses for such year over the Operating Expenses for base year 2006. Operating Expenses for 2006 shall be paid by Landlord. Such payment shall be prorated for any partial calendar month or year during the Term.
