Common use of Normalization Clause in Contracts

Normalization. For the purpose of determining Operating Expenses for any partial year, Operating Expenses shall be deemed to accrue uniformly during the entire calendar year. If any part of the Building or (with respect to those Operating Expenses for which Tenant’s Share is determined by the Rentable Area of the Property) other rentable areas of the Property is not fully leased during a calendar year, Operating Expenses shall be adjusted to add amounts and items of Operating Expenses which would normally have been incurred if the Building or other rentable areas of the Property (as applicable) had been fully leased during such calendar year and Tenant’s Share of Operating Expenses (both for the purposes of the initial estimate and year-end reconciliation) shall be based on an assumed full occupancy of the Building or the Property (as applicable).