Common use of Reduction in Fees Clause in Contracts

Reduction in Fees. In the event that the total of all costs and ----------------- expenses actually incurred by the Owner with respect to the acquisition of the Land and the planning, design, development, construction and completion of the Project, the Tenant Improvements for Lucent under the Lucent Lease (including costs in all categories or line items specified in the Development Budget, but expressly excluding costs for the specific line items marked with a double asterisk in the Development Budget, and net of amounts reimbursed to the Owner by Lucent with respect to Tenant Improvements for such tenant) shall exceed $4,952,853.00, the amount of the fees payable to the Manager under Sections 11.2 and 11.3 hereof shall be reduced by the amount of such excess, with any reductions to be applied to such fees in the following order of priority:

Reduction in Fees. In the event that the total of all costs and ----------------- expenses actually incurred by the Owner with respect to the acquisition of the Land and the planning, design, development, construction and completion of the Project, Project and the Tenant Improvements for Lucent Tenant under the Lucent Lease (including costs in all categories or line items specified in the Development Budget, but expressly excluding costs for the specific line items marked with a double asterisk in the Development Budget, and net of amounts reimbursed to the Owner by Lucent Tenant with respect to Tenant Improvements for such tenantTenant) shall exceed $4,952,853.00______________, the amount of the fees payable to the Manager under Sections Section 11.2 and 11.3 hereof shall be reduced by the amount of such excess, with any reductions to be applied to such fees in the following order of priority:

Reduction in Fees. In the event that the total of all costs and ----------------- expenses actually incurred by the Owner with respect to the acquisition of the Land and the planning, design, development, construction and completion of the Project, the Tenant Improvements for Lucent ABB Power under the Lucent ABB Lease (including costs in all categories or line items specified in the Development Budget, but expressly excluding costs for the specific line items marked with a double asterisk in the Development Budget, and net of amounts reimbursed to the Owner by Lucent ABB Power with respect to Tenant Improvements for such tenant) shall exceed $4,952,853.009,454,658, the amount of the fees payable to the Manager under Sections 11.2 and 11.3 through 11.5 hereof shall be reduced by the amount of such excess, with any reductions to be applied to such fees in the following order of priority:

Reduction in Fees. In the event that the total of all costs and ----------------- expenses actually incurred by the Owner with respect to the acquisition of the Land and the planning, design, development, construction and completion of the Project, the Tenant Improvements for Lucent ABB Flakt under the Lucent ABB Lease (including costs in all categories or line items specified in the Development Budget, but expressly excluding costs for the specific line items marked with a double asterisk in the Development Budget, and net of amounts reimbursed to the Owner by Lucent ABB Flakt with respect to Tenant Improvements for such tenant) shall exceed $4,952,853.007,031,067.00, the amount of the fees payable to the Manager under Sections 11.2 and 11.3 through 11.5 hereof shall be reduced by the amount of such excess, with any reductions to be applied to such fees in the following order of priority: