BASE OPERATING definition

BASE OPERATING. YEAR: 1996
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BASE OPERATING. (A) Base Operating Cost Year: 2000 Cost for the (B) Base Tax Year: 1999-2000 Complex: (Section 8.2) (Section 16.3)
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BASE OPERATING. COSTS", during the term of this Lease equals the product of (i) Operating Costs for the Project during Base Year referred to as Item 8 of the Basic Lease Provisions and (ii) the number of square feet of Rentable Area contained in the Project. Operating Costs for the Base Year during which actual occupancy of the Project is less than 95% of the Rentable Area of the Project shall be appropriately adjusted to reflect 95% occupancy of the existing Rentable Area of the Project during such period.
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Examples of BASE OPERATING in a sentence

  • BASE OPERATING EXPENSESPER SQUARE FOOT OF RENTABLE FLOOR AREA: Annual Operating Expenses per square foot of Rentable Floor Area for the calendar year 2014, adjusted to reflect 95% occupancy.

  • BASE OPERATING YEAR The Computation Year commencing on January 1, 2003 and ending on December 31, 2003.

  • BASE OPERATING EXPENSES Operating Expenses paid or incurred for the calendar year 1996.

  • PARKING: Tenant shall be entitled to use three (3) reserved parking spaces (in the locations shown on the Parking Plan attached hereto as Exhibit F) and seven (7) unreserved parking spaces at no cost to Tenant; provided, however, that the signage for the reserved spaces shall be at BASE OPERATING EXPENSE AMOUNT: Tenant’s sole cost.

  • The minimum rental payable under this Lease during each calendar year subsequent to the Base Year, as hereinafter defined, shall be subject to increase by Tenant's Operating Cost Share, as defined in Section 5.2 of this Lease, of the total dollar increase, if any, in Operating Expenses, as defined in Section 5.3 of this Lease, paid or incurred by Landlord in such year over the Operating Expenses paid incurred by Landlord in the Base Year (the "BASE OPERATING EXPENSE).


More Definitions of BASE OPERATING

BASE OPERATING. Year: Intentionally Omitted
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BASE OPERATING. COSTS," during the term of this Lease including, without limitation, any Extension Term, equals (a) the actual Operating Costs for the Building for the Base Year, plus (b) the Building's allocable share of the Outside Common Area Operating Costs for the Base Year.
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Related to BASE OPERATING

  • Base Operating Costs means Operating Costs for the calendar year specified as the Base Year in the Basic Lease Information (excluding therefrom, however, any Operating Costs of a nature that would not ordinarily be incurred on an annual, recurring basis).

  • Base Operating Expenses means the Operating Expenses for the Base Year.

  • Operating or "Operation" means to provide (or the provision of) all the operation, engineering, purchasing, repair, supervision, training, inspection, testing, protection, use, management, improvement, replacement, refurbishment, retirement, and maintenance activities associated with operating the Generating Facility in accordance with Prudent Electrical Practices.

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.