Common use of Operating Expense Base Clause in Contracts

Operating Expense Base. The Expense Stop specified in Section 1.12 of the Lease for the Eighth Amendment Expansion Area shall be the actual operating expenses for Calendar year 2013 (“Base Year 2013”) grossed up to reflect 95% occupancy. The treatment of operating expenses for the Existing Office Space consisting of 19,505 rentable square feet will remain as described in the existing Lease Agreement.

Operating Expense Base. The Expense Stop specified in Section 1.12 of the Lease for the Eighth Ninth Amendment Expansion Area shall be the actual operating expenses for Calendar year 2013 (“Base Year 2013”) grossed up to reflect 95% occupancy. The treatment of operating expenses for the Existing Office Space consisting of 19,505 29,174 rentable square feet will remain as described in the existing Lease Agreement.