Definition of Building Operating Expenses


Building Operating Expenses means the portion of "Operating Expenses," as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.
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Examples of Building Operating Expenses in a sentence

Operating Expenses shall be allocated among the categories of Project Operating Expenses, Building Operating Expenses or Phase Operating Expenses as provided in Article Four.
Common Area Expenses shall mean collectively the Building Operating Expenses and the Project Operating Expenses.
Tenant shall pay monthly to Landlord Tenants Share of the Building Operating Expenses and Tenants Share of Project Operating Expenses in each calendar year.
Building Taxes and Building Operating Expenses are collectively referred to herein as Building Expenses.
Tenant shall have no rights in any policy or policies maintained by Landlord and shall not, by reason of payment by Tenant, as part of the Building Operating Expenses, of its pro rata share of the Landlords premium for the insurance, be entitled to be named insured thereunder.