Examples of Base Operating Year in a sentence
From and after the Effective Date through and after Closing, Seller and Property Owner (prior to giving effect to the transfers at Closing) shall make all commercially reasonably efforts to cooperate with respect to inquiries and information requests relating to audit rights of amounts included in the Base Operating Year Expenses provided in the Schwab Lease.
In the event that new line items are added to Operating Expenses prior to the end of the second Operating Year after the Base Operating Year, then such line items of Operating Expenses also shall be added to the Base Operating Year.(c) Within one hundred eighty (180) days after the end of the Base Operating Year and each Operating Year, Landlord shall furnish to Tenant a Landlord’s Statement.
The tracer-tracer analysis is used to understand GHG emissions based on their concentration correlations with other pollutants with known emission estimates in the well-mixed air mass with GHGs. CARB has applied this approach to the observational data collected at MWO to characterize GHG emissions in the LA basin.
IV.1.1 Commencing on the First Adjustment Payment Date, Tenant shall, on the first day of each month in advance pay to Landlord pro rata monthly installments on account of the amount reasonably projected by Landlord for Tenant's Share of increases in Operating Expenses and for Tenant's Share of increases in Taxes over the Base Operating Year and over the Base Tax Year, respectively, based upon the most recent data available to Landlord, from time to time, for Operating Expenses and for Taxes.
Notwithstanding the foregoing, Tenant shall not be obligated to pay any Operating Expenses during the Base Operating Year, and if Tenant’s obligation to pay Operating Expenses commences on a date other than January 1, Tenant’s Operating Payment for the Operating Year immediately following the Base Operating Year shall be prorated to correspond to the portion of such Operating Year during which Tenant is obligated to pay Operating Expenses pursuant to the terms of this Lease.