Definition of Common Area Operating Expenses


Common Area Operating Expenses means the total of all costs and expenses paid or incurred by Landlord (whether directly or pursuant to the CC&Rs) in connection with the operation, maintenance, ownership and repair and replacement of the Common Area, and the performance of Landlords obligations under Section 8.1 with respect to the Common Area (whether by Landlord or pursuant to the CC&Rs). Without limiting the generality of the foregoing, and subject to the exclusions listed in Section 7.2(c) below, Common Area Operating Expenses include all costs of and expenses for:
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Examples of Common Area Operating Expenses in a sentence

Common Area Operating Expenses shall not include Real Property Taxes specified in the tax assessors records and work sheets as being caused by additional improvements placed upon the Project by other lessees or by Lessor for the exclusive enjoyment of such other lessees.
Payments will be applied first to accrued late charges and attorneys fees, second to accrued interest, then to Base Rent and Common Area Operating Expenses, and any remaining amount to any other outstanding charges or costs.
Common Area Operating Expenses shall include any deductible amount in the event of such loss.
Except as otherwise provided in Paragraph 10.3, Lessor shall pay the Real Property Taxes applicable to the Project, and said payments shall be included in the calculation of Common Area Operating Expenses in accordance with the provisions of Paragraph 4.2.
Common Area Operating Expenses shall not include Real Property Taxes specified in the tax assessor's records and work sheets as being caused by additional improvements placed upon the Industrial Center by other lessees or by Lessor for the exclusive enjoyment of such other lessees.