Common use of Tenant’s Share and Operating Expense Base Clause in Contracts

Tenant’s Share and Operating Expense Base. Tenant’s Share attributable to the Expansion Space shall be .21%. Tenant’s Share attributable to the entire Leased Premises after the addition on the TCD of the Expansion Space shall be 42.31%. The Operating Expense Base for the Expansion Space shall mean the amount of Operating Expenses for the calendar year 2016. From and after the TCD, the 5% cap on increases in Tenant’s Share attributable to the Expansion Space as to increases in Operating Expenses, as set forth in Section 4.02(g) of the H&P Lease, shall be applicable to the Expansion Space and Tenant’s Share shall be made in reference to the base amount established in 2016.

Appears in 1 contract

Samples: Office Lease (Helmerich & Payne, Inc.)

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Tenant’s Share and Operating Expense Base. Tenant’s 's Share attributable to the Expansion Space shall be .21.78%. Tenant’s 's Share attributable to the entire Leased Premises after the addition on the TCD of the Expansion Space shall be 42.3142.10%. The Operating Expense Base for the Expansion Space shall mean the amount of Operating Expenses for the calendar year 20162015. From and after the TCD, the 5% cap on increases in Tenant’s 's Share attributable to the Expansion Space as to increases in Operating Expenses, as set forth in Section 4.02(g) of the H&P Lease, shall be applicable to the Expansion Space and Tenant’s 's Share shall be made in reference to the base amount established in 20162015.

Appears in 1 contract

Samples: Office Lease (Helmerich & Payne, Inc.)

Tenant’s Share and Operating Expense Base. Tenant’s Share attributable to the Expansion Space shall be .211.8%. Tenant’s Share attributable to the entire Leased Premises after the addition on the TCD of the Expansion Space shall be 42.3141.11%. The Operating Expense Base for the Expansion Space shall mean the amount of Operating Expenses for the calendar year 20162015. From and after the TCD, the 5% cap on increases in Tenant’s Share attributable to the Expansion Space as to increases in Operating Expenses, as set forth in Section 4.02(g) of the H&P Lease, shall be applicable to the Expansion Space and Tenant’s Share shall be made in reference to the base amount established in 20162015.

Appears in 1 contract

Samples: Eleventh Amendment (Helmerich & Payne Inc)

Tenant’s Share and Operating Expense Base. Tenant’s Share attributable to the Expansion Space shall be .21.04%. Tenant’s Share attributable to the entire Leased Premises after the addition on the TCD of the Expansion Space shall be 42.3142.36%. The Operating Expense Base for the Expansion Space shall mean the amount of Operating Expenses for the calendar year 2016. From and after the TCD, the 5% cap on increases in Tenant’s Share attributable to the Expansion Space as to increases in Operating Expenses, as set forth in Section 4.02(g) of the H&P Lease, shall be applicable to the Expansion Space and Tenant’s Share shall be made in reference to the base amount established in 2016.

Appears in 1 contract

Samples: Office Lease (Helmerich & Payne, Inc.)

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Tenant’s Share and Operating Expense Base. Tenant’s Share attributable to the Expansion Space shall be .21%. Tenant’s Share attributable to the entire Leased Premises after the addition on the TCD of the Expansion Space shall be 42.3141.32%. The Operating Expense Base for the Expansion Space shall mean the amount of Operating Expenses for the calendar year 20162015. From and after the TCD, the 5% cap on increases in Tenant’s Share attributable to the Expansion Space as to increases in Operating Expenses, as set forth in Section 4.02(g) of the H&P Lease, shall be applicable to the Expansion Space and Tenant’s Share shall be made in reference to the base amount established in 20162015.

Appears in 1 contract

Samples: Office Lease (Helmerich & Payne Inc)

Tenant’s Share and Operating Expense Base. Tenant’s Share attributable to the Expansion Space shall be .212.44%. Tenant’s Share attributable to the entire Leased Premises after the addition on the TCD of the Expansion Space Space, and square footage adjustment of Section 9, shall be 42.3137.63%. The Operating Expense Base for the Expansion Space shall mean the amount of Operating Expenses for the calendar year 20162015. From and after the TCD, the 5% cap on increases in Tenant’s Share attributable to the Expansion Space as to increases in Operating Expenses, as set forth in Section 4.02(g) of the H&P Lease, shall be applicable to the Expansion Space and Tenant’s Share shall be made in reference to the base amount established in 20162015.

Appears in 1 contract

Samples: Office Lease (Helmerich & Payne Inc)

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