Common use of Tenant’s Payments Clause in Contracts

Tenant’s Payments. (a) In the event that during any Operating Year, Operating Expenses shall exceed Base Operating Expenses, Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to (i) the excess of Operating Expenses over Base Operating Expenses for each Operating Year (or partial Operating Year) falling within the Term of this Lease multiplied by (ii) the Escalation Factor, such amount to be apportioned for any partial Operating Year in which the Commencement Date falls or the Term of this Lease ends.

Appears in 2 contracts

Samples: Sublease (Salary. Com, Inc.), Zoom Technologies Inc

AutoNDA by SimpleDocs

Tenant’s Payments. (a) In the event that during for any Operating Year, Year ----------------- Operating Expenses shall exceed Base Operating Expenses, Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to (i) the such excess of Operating Expenses over Base Operating Expenses for each Operating Year (or partial Operating Year) falling within the Term of this Lease multiplied by (ii) the Escalation Factor, such amount to be apportioned for any partial portion of an Operating Year in which the Commencement Date falls or the Term of this Lease ends.

Appears in 1 contract

Samples: Indemnity and Public Liability (Peritus Software Services Inc)

Tenant’s Payments. (a) In the event that during for any Operating Year, Year Operating Expenses shall exceed Base Operating Expenses, Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to (i) the such excess of Operating Expenses over Base Operating Expenses for each Operating Year (or partial Operating Year) falling within the Term of this Lease multiplied by (ii) the Escalation Factor, such amount to be apportioned for any partial Operating Year in which the Commencement Date falls or the Term of this Lease ends.by

Appears in 1 contract

Samples: Lease (Ardelyx, Inc.)

Tenant’s Payments. (a) In the event that during for any Operating Year, Year ------------------ Operating Expenses shall exceed Base Operating Expenses, Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to (i) the such excess of Operating Expenses over Base Operating Expenses for each Operating Year (or partial Operating Year) falling within the Term of this Lease multiplied by (ii) the Escalation Factor, such amount to be apportioned for any partial Operating Year in which the Commencement Date falls or the Term of this Lease ends.

Appears in 1 contract

Samples: Commencement and Condition (Desktop Data Inc)

Tenant’s Payments. (a) In the event that during for any Operating Year, Year Operating Expenses shall exceed Base Operating Expenses, Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to (i) the such excess of Operating Expenses over Base Operating Expenses for each Operating Year (or partial Operating Year) falling within the Term of this Lease multiplied by (ii) the Escalation Factor, such amount to be apportioned for any partial Operating Year in which the Commencement Date falls or the Term of this Lease ends.

Appears in 1 contract

Samples: Lease (Moldflow Corp)

AutoNDA by SimpleDocs

Tenant’s Payments. (a) In the event that during for any Operating Year, Year Operating Expenses shall exceed Base Operating Expenses, Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to (i) the such excess of Operating Expenses over Base Operating Expenses for each Operating Year (or partial Operating Year) falling within the Term of this Lease multiplied by (ii) the Escalation Factor, such amount to be apportioned for any partial Operating Year in which the Commencement Date falls or the Term of this Lease Lease, including any extended term, ends.

Appears in 1 contract

Samples: Lease (Cytation Com Inc)

Tenant’s Payments. (a) In the event that during that, for any Operating Year, ----------------- Operating Expenses shall exceed Base Operating Expenses, Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to (i) the such excess of Operating Expenses over Base Operating Expenses for each Operating Year (or partial Operating Year) falling within the Term of this Lease multiplied by (ii) the Escalation Factor, such amount to be apportioned for any partial portion of an Operating Year in which the Commencement Date falls or the Term of this Lease ends.

Appears in 1 contract

Samples: Indemnity and Public Liability (Lycos Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.