Additional Pass Through Costs definition
Additional Pass Through Costs means the following costs and expenses incurred by Landlord from and after January 1 of the calendar year in which this Lease is executed: (i) subject to the limitations of clause (ii) following, the cost of any improvement made to the Property by Landlord that is required under any governmental law or regulation which was not promulgated, or which was promulgated but was not applicable to the Building, at the time the Building was constructed, amortized over such period as Landlord shall reasonably determine, together with an amount equal to interest at the rate three-quarters percent (.75%) per annum above the prime rate published by the Wall Street Journal (Southwest Edition) as of the date of the applicable expenditure (the "Amortization Rate") on the unamortized balance thereof; (ii) the cost of any improvement made to the Common Areas of the Property that is required under interpretations or regulations issued after the Commencement Date under, or amendments made after the Commencement Date to, the provisions of Tex. Rev. Civ.
Additional Pass Through Costs means the following costs and expenses incurred by Landlord from and after January 1 of the calendar year in which this Lease is executed: (i) subject to the limitations of clause (ii) following, the cost of any improvement made to the Property by Landlord that is required under any governmental law or regulation which was not promulgated, or which was promulgated but was not applicable to the Building, at the time the Building was constructed, amortized over such period as Landlord shall reasonably determine, together with an amount equal to interest at the rate of twelve percent (12%) per annum (the “Amortization Rate”) on the unamortized balance thereof; (ii) the cost of any improvement made to the Common Areas of the Property that is required under interpretations or regulations issued after the Commencement Date under, or any amendments made after the Commencement Date to, the provisions of Tex. Rev. Civ.
Additional Pass Through Costs means the following costs and expenses incurred by Landlord from and after the Commencement Date:
Examples of Additional Pass Through Costs in a sentence
In addition to the Sublease Rent provided in Paragraph --------------- --------- 3 hereof, Sublessee shall also reimburse to Sublessor all such other sums of - money becoming due and payable by Sublessor to Landlord under the Primary Lease and relating to the Premises ("Additional Rent"), including but not limited to --------------- the Sublessee's Share of Excess Operating Expenses, Excess Real Estate Taxes and the Additional Pass Through Costs.
More Definitions of Additional Pass Through Costs
Additional Pass Through Costs means the following costs and expenses incurred by Landlord from and after January 1 of the calendar year in which this Lease is executed: (1) subject to the limitations of clause “(2)” following, the cost of any improvement made to the Property by Landlord that is required under any governmental law or regulation which was not promulgated, or which was promulgated but was not applicable to the Building, at the time the Building was constructed, amortized over a reasonable period using generally accepted accounting and depreciation standards and principles, together with an amount equal to interest at the rate of twelve percent (12%) per annum (the “Amortization Rate”) on the unamortized balance thereof; (2) the cost of any improvement made to the Common Areas of the Property that is required under interpretations or regulations issued after the Commencement Date under, or amendments made after the Commencement Date to, the provisions of Tex. Rev. Civ.
Additional Pass Through Costs means the following costs and expenses incurred by Landlord from and after January 1 of the calendar year in which this Lease is executed: (i) subject to the limitations of clause (ii) following, the cost of any improvement made to the Property by Landlord that is required under any governmental law or regulation which is not in effect, or is in effect but is not interpreted to affect the Building, on the date this Lease is executed, amortized over its useful life, together with an amount equal to interest at the rate often percent (10%) per annum (the "Amortization Rate") on the unamortized balance thereof; (ii) the cost of any improvement made to the Common Areas of the Property that is required under interpretations or regulations issued after the Commencement Date under, or any amendments made after the Commencement Date to, the provisions of Tex. Rev. Civ.
Additional Pass Through Costs means the following costs and expenses incurred by Landlord from and after January 1, 1996: (i) subject to the limitations of clause (ii) following, the cost of any improvement made to the Property by Landlord that is required under any governmental law or regulation which was not promulgated, or which was promulgated but was not applicable to the Building, at the date of this Lease, amortized on a straight line basis over its useful life, together with an amount equal to interest at the rate of ten percent (10%) per annum (the "AMORTIZATION RATE") on the unamortized balance thereof; (ii) the cost of any improvement made to the Common Areas of the Property that is required under interpretations or regulations issued after the Commencement Date under, or amendments made after the Commencement Date to, the provisions of Tex. Rev. Civ.
Additional Pass Through Costs means the following costs and expenses incurred by Landlord from and after the Commencement Date: (i) subject to the limitations of clause (ii) following, the cost of any improvement made to the Property by Landlord that is required under any governmental Law or regulation which was not promulgated, or which was promulgated but was not applicable to the Building, as of the Effective Date, amortized over a reasonable period of time within the guidelines set forth first by generally accepted accounting principles, consistently applied (“GAAP”), and if not applicable, in accordance with sound real estate accounting principles consistently applied, together with an amount equal to interest at the average rate of the prime rate of interest per annum charged by the nation’s thirty (30) largest banks as published in The Wall Street Journal on the date the applicable expense is incurred plus three hundred basis points (the “Amortization Rate”) on the unamortized balance thereof; (ii) the cost of any improvement made to the Common Areas of the Property that is required under interpretations or regulations issued after the Commencement Date under, or amendments made after the Commencement Date to, the provisions of Tex. Rev. Civ.
Additional Pass Through Costs means Permitted Capital Costs, amortized over such periods as Landlord reasonably determines in accordance with accounting principles and methods that are consistent from year to year, plus interest at the rate of 7% per annum on the unamortized balance of such costs; provided that the annual amortized costs of equipment designed or acquired primarily to reduce other Operating Costs may not exceed the actual cost savings realized.
Additional Pass Through Costs as used in this ----------------------------- Sublease has the same meaning as set the same term set forth in Section 2.201(d) of the Primary Lease.
Additional Pass Through Costs means the following costs and expenses incurred by Landlord from and after the Commencement Date: (i) subject to the limitations of clause (ii), the cost of any improvement made to the Property by Landlord that is required under any governmental law or regulation which was not promulgated, or which was promulgated but was not applicable to the Building, at the time the Building was constructed, amortized on a straight line basis over the useful life of such improvements, together with an amount equal to interest at the rate of ten percent (10%) per annum (the "Amortization Rate") on the unamortized balance thereof; (ii) the cost of any improvement made to the Common Areas of the Property that is required under interpretations or regulations issued after the Commencement Date under, or amendments made after the Commencement Date to, the provisions of Tex. Rev. Civ.