Common use of Tenant’s Share Clause in Contracts

Tenant’s Share. The term “Tenant’s Share” shall mean the percentage obtained by dividing Tenant’s Rentable Area by the Project Rentable Area, which, as of the Effective Date, is the percentage identified in Section G of the Summary. In the event Landlord constructs other buildings on the Project, Landlord may, in Landlord’s sole discretion, reformulate Tenant’s Share, as to any or all of the items which comprise Operating Expenses, to reflect the rentable square footage of the Premises as a percentage of all rentable square footage of the Project. In the event Tenant’s Share is reformulated in accordance with this Section 1.32, Landlord shall promptly provide Tenant notice of such reformulation, together with a written statement showing in reasonable detail the manner in which Tenant’s Share was reformulated and a list of all items of Operating Expenses which will be accounted for using the reformulated percentage. Any items of Operating Expenses to which the reformulated share is not applied shall be accounted for using the original Tenant’s Share set forth in Section G of the Summary.

Tenant’s Share. The term “Tenant’s Share” shall mean the percentage obtained by dividing Tenant’s Rentable Area by the Project Rentable Area, which, as of the Effective Date, is the percentage identified in Section G of the Summary. In the event Landlord constructs other buildings on the Project, Landlord may, in Landlord’s sole discretion, reformulate Tenant’s Share, as to any or all of the items which comprise Operating Direct Expenses, to reflect the rentable square footage of the Premises as a percentage of all rentable square footage of the Project. In the event Tenant’s Share is reformulated in accordance with this Section 1.32, Landlord shall promptly provide Tenant notice of such reformulation, together with a written statement showing in reasonable detail the manner in which Tenant’s Share was reformulated and a list of all items of Operating Direct Expenses which will be accounted for using the reformulated percentage. Any items of Operating Direct Expenses to which the reformulated share is not applied shall be accounted for using the original Tenant’s Share set forth in Section G of the Summary.

Tenant’s Share. The term “Tenant’s Share” shall mean the percentage obtained by dividing Tenant’s Rentable Area by the Project Rentable Area, which, as of the Effective Date, is the percentage identified in Section G of the Summary. In the event Landlord constructs other buildings on the Project, Landlord may, in Landlord▇▇▇▇▇▇▇▇’s sole discretion, reformulate Tenant’s Share, as to any or all of the items which comprise Operating Direct Expenses, to reflect the rentable square footage of the Premises as a percentage of all rentable square footage of the Project. In the event Tenant’s Share is reformulated in accordance with this Section 1.32, Landlord shall promptly provide Tenant notice of such reformulation, together with a written statement showing in reasonable detail the manner in which Tenant▇▇▇▇▇▇’s Share was reformulated and a list of all items of Operating Direct Expenses which will be accounted for using the reformulated percentage. Any items of Operating Direct Expenses to which the reformulated share is not applied shall be accounted for using the original Tenant’s Share set forth in Section G of the Summary.

Tenant’s Share. The term “"Tenant’s 's Share” " shall mean the -------------- percentage obtained by dividing Tenant’s 's Rentable Area by the Project Rentable Area, which, as of the Effective Date, is the percentage identified in Section G --------- of the Summary. In the event Landlord constructs other buildings on the Project, Landlord may, in Landlord’s ▇▇▇▇▇▇▇▇'s sole discretion, reformulate Tenant’s ▇▇▇▇▇▇'s Share, as to any or all of the items which comprise Operating Direct Expenses, to reflect the rentable square footage of the Premises as a percentage of all rentable square footage of the Project. In the event Tenant’s ▇▇▇▇▇▇'s Share is reformulated in accordance with this Section 1.32, Landlord shall promptly provide Tenant notice of such reformulation, together with a written statement showing in reasonable detail the manner in which Tenant’s ▇▇▇▇▇▇'s Share was reformulated and a list List of all items of Operating Direct Expenses which will be accounted for using the reformulated percentage. Any items of Operating Direct Expenses to which the reformulated share is not applied shall be accounted for using the original Tenant’s 's Share set forth in Section G --------- of the Summary.