Tenant’s Proportionate Share Sample Clauses

Tenant’s Proportionate Share. 1.544% for each of Operating Charges and Real Estate Taxes.

Tenant’s Proportionate Share. The Tenant acknowledges that the Premises is located on real property as described by the Broward County, Florida Property Appraiser as having Property ID# Number which such number is set forth in SECTION 5 of the ADDENDUM hereto (the “Property”). The Premises hereunder represents a percentage (the "Proportionate Share") of the building (the “Building”) located on the Property as set forth in SECTION 5, below. Accordingly, Tenant’s Proportionate Share of the costs attributable to operate the Building and/or Property is to be paid by the Tenant to the Landlord as Additional Rent. Such costs include: Real Estate Taxes, Insurance Coverage Premiums and Shared Expenses (as set forth in the sub-paragraphs below). It is specifically noted that any costs attributable to the maintenance, repair or replacement of the roof and/or the exterior of the Building in which the Premises is located is to be maintained by the Landlord and will not be included within the Tenant’s obligation to pay Additional Rent. Regarding Real Estate Taxes and Insurance Premiums attributable to the Building and/or the Property which are paid by Landlord on an annual basis, the Tenant agrees to pay one-twelfth (1/12) of the Tenant’s Proportionate Share of the estimated Real Estate Taxes and Insurance Premiums with each monthly payment of Base Rent. The most recent Real Estate Tax ▇▇▇▇ will be used as a basis to calculate the estimated Real Estate Taxes for the forthcoming year. In the event that the Real Estate Taxes increase, then within ninety (90) days after the latest Real Estate Tax ▇▇▇▇ is received by Landlord, the Landlord will notify the Tenant thereof whereupon the parties will reconcile and adjust in one lump sum (if required) at time of the next monthly payment of Rent whereby the Tenant will be required to make any additional payment to the Landlord (if the actual Real Estate Taxes have increased over the prior year), or, the Landlord will make any reimbursement due to any overpayment (if the actual Real Estate Taxes have been reduced since the prior year). The actual Insurance Premium billing for the next ensuing year will be used and adjusted each time the Landlord receives an annual premium notice. The Landlord will support any change Real Estate Taxes or Insurance Premium by providing copies of such billing to the Tenant with a calculation of the Tenant’s Proportionate Share.

Tenant’s Proportionate Share. The term “Tenant’s Proportionate Share” or “Tenant’s Share”, as used with respect to an item pertaining to the Building, shall each mean that percentage obtained by dividing the leasable square footage contained within the Leased Premises (as set forth in Article 1) by the total leasable square footage contained within the Building as the same from time to time exists or, as used with respect to an item pertaining to the Project, shall each mean that percentage obtained by dividing the leasable square footage contained within the Leased Premises (as set forth in Article 1) by the total leasable square footage contained within the Project as the same from time to time exists, unless, as to any given item, such a percentage allocation unfairly burdens or benefits a given tenant(s), in which case Landlord shall have the exclusive right to equitably allocate such item so as to not unfairly burden or benefit any given tenant(s). Landlord’s determination of any such special allocation shall be final and binding upon Tenant unless made in bad faith.

Tenant’s Proportionate Share. From and after the Additional Premises Commencement Date, Tenant’s Proportionate Share shall be 49.65%.

Tenant’s Proportionate Share. Tenant's Proportionate Share of the Project is 12.60% (determined by dividing the rentable square feet of the Premises by the rentable square feet of the Project and multiplying the resulting quotient by one hundred and rounding to the second decimal place).

Tenant’s Proportionate Share. 1.169% (7,050 rsf/ 603,309 rsf) (See Paragraph 3)

Tenant’s Proportionate Share. “Tenant’s Proportionate Share” of Taxes and Operating Costs shall be the percentages set forth in Article 1, but if the rentable area of the Premises or Building shall change, Tenant’s Proportionate Share shall thereupon become the rentable area of the Premises divided by the rentable area of the Building, subject at all times to adjustment as provided in this Article. Tenant acknowledges that the “rentable area of the Premises” under this Lease includes the usable area, without deduction for columns or projections, multiplied by a load or conversion factor, to reflect a share of certain areas, which may include lobbies, corridors, mechanical, utility, janitorial, boiler and service rooms and closets, restrooms, and other public, common and service areas. Except as provided expressly to the contrary herein, the “rentable area of the Building” shall include all rentable area of all space leased or available for lease at the Building, which Landlord may reasonably re-determine from time to time, to reflect re-configurations, additions or modifications to the Building.

Tenant’s Proportionate Share. (a) Tenant's "proportionate share" as used in this Lease with respect to the Building shall mean a fraction the numerator of which shall be the rentable area contained in the Premises and the denominator of which shall be the rentable area contained in the Building, as determined by Landlord. Tenant's "proportionate share" as used in this Lease with respect to costs relating to more than the Building, shall mean a fraction the numerator of which shall be the rentable area contained in the Premises and the denominator of which shall be the rentable area of all buildings, as determined by Landlord, within the Development. Notwithstanding anything contained in the Lease to the contrary, Landlord shall have the right, from time to time, to add to or exclude from the Development real property and any buildings constructed thereon. In the event Landlord elects to add to or exclude from the Development, Landlord shall notify Tenant in writing of any such addition or exclusion which notice shall describe the property added or excluded.

Tenant’s Proportionate Share. The Architect hereby confirms that Tenant’s Proportionate Share is 43% (based upon the RSF of the Premises and RSF of the Building as set forth in paragraphs 1 and 2 above.