Common use of Operating Cost Examples Clause in Contracts

Operating Cost Examples. The following are, without limitation, examples of costs included in Operating Costs for the Project: (1) all taxes, assessments, and other governmental charges, whether federal, state, county or municipal, and whether they be by taxing districts or authorities presently taxing the Premises and Building or by others, subsequently created or otherwise, and any other taxes and assessments levied or assessed against the Land, the Building and other associated improvements situated on the Land, and the Building Facilities, including interest on installment payments, and including all costs and fees (including attorney’s fees) incurred by Landlord in contesting or negotiating with taxing authorities, but expressly excluding taxes on Tenant’s personal property and trade fixtures, which are payable by Tenant in accordance with Section 3.05 of the Lease; (2) all reasonable costs and expenses of operating, maintaining and repairing (including replacing components of) Building Facilities, including elevators, escalators, heat, ventilation, and air conditioning systems, and all other mechanical or electrical systems (including, without limitation, Landlord’s back-up electrical generator systems and other electrical systems) serving the Building; (3) all reasonable costs and expenses incurred in cleaning the Building; (4) Energy Costs and costs of all other utilities for the Project, such as the cost of water, and sewer rents or charges, for the Project. “Energy Costs” means the cost incurred by Landlord for (i) any and all forms of fuel or energy utilized in connection with the operation, maintenance, and use of the Building, Common Areas and Service Areas, (ii) sales, use, excise and other taxes assessed by Governmental authorities on energy sources, and (iii) other reasonable costs of providing energy to the Building, Common Areas and Service Areas (but not the costs of the energy provided to the Premises, which are sub-metered to the Premises and payable by Tenant pursuant to Section 3.01 of the Lease).

Appears in 2 contracts

Sources: Lease Agreement (Peloton Therapeutics, Inc.), Lease Agreement (Peloton Therapeutics, Inc.)

Operating Cost Examples. The following are, without limitation, examples of costs included in the computation of Operating Costs for the ProjectCosts: (1) all taxes, assessments, and other governmental charges, whether federal, state, county or municipal, and whether they be by taxing districts or authorities presently taxing the Premises and Building or by others, subsequently created or otherwise, and any other taxes and assessments levied or assessed against the Land, the Building and other associated improvements situated on the Land, and the Building Facilities, including interest on installment payments, and including all costs and fees (including attorney’s 's fees) incurred by Landlord in contesting or negotiating with taxing authorities, but expressly excluding taxes on Tenant’s personal property and trade fixtures, which are payable by Tenant in accordance with Section 3.05 of the Lease; (2) all reasonable costs and expenses of operating, maintaining and repairing (including replacing components of) Building Facilities, including elevators, escalators, heat, ventilation, and air conditioning systems, and all other mechanical or electrical systems (including, without limitation, Landlord’s back-up electrical generator systems and other electrical systems) serving the Building; (3) all reasonable costs and expenses incurred in cleaning the Building; (4) Energy Costs and costs of all other utilities for the Project, such as including without limitation, the cost of waterwater and power, heating, lighting, air conditioning, ventilating and sewer rents or charges, charges for the Project. “Energy Costs” means ; (5) all supplies and materials reasonably used in the operation and maintenance of the Project; (6) costs of all insurance relating to the Project, including the cost incurred of casualty and liability insurance applicable to the Project and Landlord's personal property used in connection therewith; (7) amortization of costs of or rental expenses for any machinery, equipment or other improvements installed by Landlord to conform to any law, ordinance, rule, regulation, or order of any governmental authority having jurisdiction over the Project which was enacted or promulgated after construction on the Project began, or for the purpose and in reasonable anticipating or reducing energy costs in the Project or other Operating Costs; (i8) expenses and fees (including attorney's fees) incurred in contesting the validity or applicability of any governmental enactments that may affect Operating Costs; (9) general maintenance costs and all forms of fuel or energy utilized expenses reasonably incurred in connection with the operationProject (including, but not limited to, security, maintenance of all exterior and interior landscaping, garbage and other waste removal, non-tenant alterations and decorations, heating and air conditioning repairs and all labor utilized and supplied consumed with respect to any general Project maintenance, ); (10) janitorial service and use of window cleaning for the Building, Common Areas and Service Areas, (ii) sales, use, excise and other taxes assessed by Governmental authorities on energy sources, and (iii) other reasonable costs of providing energy to including the Building, Common Areas and Service Areas (but not including materials, supplies, Building standard light bulb, equipment and tools therefor and rental and appreciation costs related to the foregoing), or contracts with third parties to provide the same; (11) the cost of providing security to the Building and Parking Area; (12) reasonable management costs of the energy provided Project (including, but not limited to, any management fee payable by Landlord with respect to the PremisesProject, which are sub-metered audit and accounting expenses and legal fees), and Landlord's overhead expenses directly attributable to the Premises and payable by Tenant pursuant to Section 3.01 of the Lease).Project management; and

Appears in 1 contract

Sources: Office Lease Agreement (Worldport Communications Inc)