OPERATING COSTS, REAL PROPERTY TAXES AND UTILITIES Clause Samples

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OPERATING COSTS, REAL PROPERTY TAXES AND UTILITIES. 9.2.1 The Operating Costs consist of those costs and expenses associated with managing, operating, maintaining and repairing the Building, including the Automobile Parking Area and other Common Areas, as set forth herein and in covenants, conditions and restrictions affecting the Building. The Operating Costs include, without limitation, the cost of all electrical, heating, ventilating, air conditioning, plumbing and other Building systems; maintaining, operating and replacing equipment; exterior and interior water features; utilities; fire, extended coverage and rent interruption insurance; window cleaning; janitorial services; security services; energy management costs; real property taxes and general and special assessments; expenses incurred in efforts to reduce taxes or assessments; wages, salaries and employee benefits of persons performing services in connection with the Building; parking lot and parking structure sweeping, sealing, patching, restriping, repair and maintenance; public liability, property damage, business interruption and other insurance; supplies, materials, tools, parts, and equipment; equipment rental charges; bookkeeping, accounting, legal and other professional charges and expenses; fees for permits and licenses; administrative expenses; a fee for the administration and management of the Building comparable to such fees for similar Class A office buildings similarly situated in Phoenix, Arizona, as reasonably determined by Landlord from time to time; taxes other than real property taxes; service and maintenance contracts; signage; landscaping; amortization (over the reasonable life of the item) of the cost of installation of capital investment items which are installed primarily for the purpose of reducing Operating Costs or which may be required by any governmental authority after the date of this Lease; and any other expense or charge, whether or not described herein, that would be considered, under generally accepted accounting and management principles, an expense of managing, maintaining, operating or repairing the Building. 9.2.2 Operating Costs shall not include: income, estate and inheritance taxes levied against Landlord; taxes paid by any tenant under Section 7; depreciation, capital investment items (except as provided Section 9. 2.1) debt service; costs of leasing space in the Building, including leasing commissions and leasehold improvement costs; costs of negotiating or enforcing leases; the cost of utilities separ...
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OPERATING COSTS, REAL PROPERTY TAXES AND UTILITIES. (a) Tenant shall pay as of the Rent Start Date to Landlord Tenant's pro rata share of all of the Center's operating costs consisting of the total cost and expense incurred in managing, operating, maintaining replacing and repairing the Center and its Common Areas including, without limitation, real property taxes and general and special assessments, wages, salaries and employee benefits of persons performing services in connection with the Center, utilities, parking lot sweeping, sealing, patching, re- striping and resurfacing; repairs, maintenance, and renewal of equipment and improvements, including roofs, public liability and property damage insurance, fire and extended coverage insurance, plate glass insurance and rent interruption insurance, supplies, materials, tools, parts, and equipment, equipment rental charges; bookkeeping, accounting, legal and other professional charges and expenses, fees for permits and licenses, administrative expenses, taxes, service and maintenance contracts, signage, advertising, marketing and landscaping, cleaning, window washing, lighting, painting, fire protection and fire hydrant charges, steam, water and sewer charges, gas electricity and telephone utility charges, supplying music to the Common Areas, depreciation of the cost of equipment used in operating and maintaining the Common Areas, or rent paid for leasing such equipment, Landlord s office rent or the fair market rental value of office space in the Center used by Landlord to manage, operate and maintain the Common Areas, security, etc., (collectively, the Operating Costs ). Tenant's Pro Rata Share of the Operating Costs shall be the proportion that the area of the Premises bears to the total rentable area of all rentable space in the Center owned by the Landlord.
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OPERATING COSTS, REAL PROPERTY TAXES AND UTILITIES. 11 7.1 Payment .................................................11 7.2 Allocation ..............................................13 7.3 Gross-up ................................................13
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OPERATING COSTS, REAL PROPERTY TAXES AND UTILITIES 
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Related to OPERATING COSTS, REAL PROPERTY TAXES AND UTILITIES

  • Operating Costs Tenant shall pay to Landlord the Tenant’s Percentage of Operating Costs (as hereinafter defined) incurred by Landlord in any calendar year. Tenant shall remit to Landlord, on the first day of each calendar month, estimated payments on account of Operating Costs, such monthly amounts to be sufficient to provide Landlord, by the end of the calendar year, a sum equal to the Operating Costs, as reasonably estimated by Landlord from time to time. The initial monthly estimated payments shall be in an amount equal to 1/12th of the Initial Estimate of Tenant’s Percentage of Operating Costs for the Calendar Year. If, at the expiration of the year in respect of which monthly installments of Operating Costs shall have been made as aforesaid, the total of such monthly remittances is greater than the actual Operating Costs for such year, Landlord shall promptly pay to Tenant, or credit against the next accruing payments to be made by Tenant pursuant to this subsection 4.2.3, the difference; if the total of such remittances is less than the Operating Costs for such year, Tenant shall pay the difference to Landlord within twenty (20) days from the date Landlord shall furnish to Tenant an itemized statement of the Operating Costs, prepared, allocated and computed in accordance with generally accepted accounting principles. Any reimbursement for Operating Costs due and payable by Tenant with respect to periods of less than twelve (12) months shall be equitably prorated.

  • Real Property Taxes Taxes, assessments and charges now or hereafter levied or assessed upon, or with respect to, the Project, or any personal property of Landlord used in the operation thereof or located therein, or Landlord's interest in the Project or such personal property, by any federal, state or local entity, including: (i) all real property taxes and general and special assessments; (ii) charges, fees or assessments for transit, housing, day care, open space, art, police, fire or other governmental services or benefits to the Project, including assessments, taxes, fees, levies and charges imposed by governmental agencies for such purposes as street, sidewalk, road, utility construction and maintenance, refuse removal and for other governmental services; (iii) service payments in lieu of taxes; (iv) any tax, fee or excise on the use or occupancy of any part of the Project, or on rent for space in the Project; (v) any other tax, fee or excise, however described, that may be levied or assessed as a substitute for, or as an addition to, in whole or in part, any other Real Property Taxes; and (vi) reasonable consultants' and attorneys' fees and expenses incurred in connection with proceedings to contest, determine or reduce Real Property Taxes. Real Property Taxes do not include: (A) franchise, transfer, inheritance or capital stock taxes, or income taxes measured by the net income of Landlord from all sources, unless any such taxes are levied or assessed against Landlord as a substitute for, in whole or in part, any Real Property Tax; (B) Impositions and all similar amounts payable by tenants of the Project under their leases; and (C) penalties, fines, interest or charges due for late payment of Real Property Taxes by Landlord. If any Real Property Taxes are payable, or may at the option of the taxpayer be paid, in installments, such Real Property Taxes shall, together with any interest that would otherwise be payable with such installment, be deemed to have been paid in installments, amortized over the maximum time period allowed by applicable law. If the tax statement from a taxing authority does not allocate Real Property Taxes to the Building, Landlord shall make the determination of the proper allocation of such Real Property Taxes based, to the extent possible, upon records of the taxing authority and, if not so available, then on an equitable basis. Real Property Taxes also do not include any increases in the taxes, assessments, charges, excises and levies assessed against the Project due solely to the construction or installation of tenant improvements or other alterations by tenants of the Project other than Tenant and any other tenants or occupants of the Building; provided, however, that if any Real Property Taxes are imposed or increased due to the construction or installation of tenant improvements or other alterations in the Building, such Real Property Taxes shall be equitably prorated in Landlord's reasonable judgment between Tenant and any other tenants of the Building.

  • Taxes and Utilities The Landlord will pay for all charges assessed against the Premises during the term of this Lease for real estate taxes, water, heat, and electricity. In the event that the Tenant installs any equipment resulting in a significant increase in the demand for power or cooling, the Tenant shall pay the additional cost of such power and cooling as an additional monthly rental payment to be determined by the Landlord. The Landlord has made arrangements for a uniform rate structure for each tenant on the Property with a communications and data provider (the word “communications” and the word “data” as used in this Lease shall include any and all telephonic or electronic transmissions from one place to another of written materials or oral communications and/or transmission of data). The Tenant shall be responsible for paying directly to the service provider, when due, such phone and data line installation charges and monthly service charges as well as the actual costs of all calls. In the event that the Tenant elects to move from the Premises to other premises within the Property, the Tenant acknowledges that it will be liable for the foregoing installation charge for each and every such move.

  • Property Taxes Landlord shall pay, prior to delinquency, all general real estate taxes and installments of special assessments coming due during the Lease term on the Leased Premises, and all personal property taxes with respect to Landlord's personal property, if any, on the Leased Premises. Tenant shall be responsible for paying all personal property taxes with respect to Tenant's personal property at the Leased Premises.

  • Operating Expenses During the term of this Lease Tenant shall pay to Landlord as additional rent all ad valorem taxes and operating expenses and other charges of every kind and nature (“Operating Expenses”) incurred or paid by Landlord in connection with the maintenance, repair, operation, management, or ownership of the Premises. If requested, Tenant agrees to pay Landlord on the first day of each calendar month, together with the payment of rent, such amount as Landlord estimates from time to time as necessary to pay such expenses. Landlord shall ▇▇▇▇ Tenant annually after the end of each year for such expenses. In the event the aggregate of Tenant’s installments during the year shall be less than the amount of Operating Expenses due from Tenant, such deficiency shall be paid to Landlord within ten (10) days after demand therefore. In the event the aggregate of Tenant’s installments during the year shall be more than the amount of Operating Expenses due from Tenant, such overpayment shall be applied to Tenant’s next monthly installment of Operating Expenses and Rent. As used herein, the term “Operating Expenses” shall include the cost of maintaining casualty and public liability insurance covering the Premises, real estate ad valorem taxes and all costs of managing, operating and maintaining the Premises, including but not limited to: costs of constructing, maintaining and repairing on site and off-site traffic controls; decorating, painting, lighting, sanitary control, and removal of trash, garbage and other refuse; maintenance, repair and replacement of utility systems serving any common areas, including water, sanitary sewer and storm water lines and other utility lines, pipes and conduits; costs of utilities, including water, sewer, electricity, and gas; janitorial, sweeping and cleaning services, trash bin rentals, trash pickup fees, licenses, permits and inspection fees; parking lot painting and restriping; planting, irrigating, gardening and landscaping; signs and markers; parking control and security guards and fire protection or detection service; all general maintenance and repair; other general operation and maintenance costs and expenses; all labor and supplies required by the foregoing; and administrative costs directly attributable thereto.