Common use of Operating Clause in Contracts

Operating. The LESSEE shall pay to the LESSOR as additional rent hereunder when and as COST designated by notice in writing by LESSOR, % percent of any increase in ESCALATION operating expenses over those incurred during the calendar year . (fill in or delete) Operating expenses are defined for the purpose of this agreement as: This increase shall be prorated should this lease be in effect with respect to only a portion of any calendar year.

Appears in 4 contracts

Samples: Commercial Lease Agreement, Utah Commercial Lease Agreement, Massachusetts Commercial Lease Agreement

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Operating. The LESSEE shall pay to the LESSOR as additional rent hereunder when and as COST designated by notice in writing by LESSORXXXXXX, % percent of any increase in ESCALATION operating expenses over those incurred during the calendar year . (fill in or delete) Operating expenses are defined for the purpose of this agreement as: This increase shall be prorated should this lease be in effect with respect to only a portion of any calendar year.

Appears in 1 contract

Samples: devlegalsimpli.blob.core.windows.net

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Operating. The LESSEE shall pay to the LESSOR as additional rent COST hereunder when and as COST designated by notice in writing by LESSOR, % percent per cent of any increase in ESCALATION operating expenses over those incurred during the calendar year . (fill in year or delete) Operating expenses are defined for the purpose purposes of this agreement as: Any cost increase from operations in 1996 ----------------------------------------- prorated. -------- This increase shall be prorated should this lease be in effect with respect to only a portion of any calendar year.

Appears in 1 contract

Samples: Award Software International Inc

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