PART YEARS definition
PART YEARS. If this Lease shall commence or terminate in the middle of a computation year Tenant shall be liable for only that portion of the Tax Excess in respect of such computation year represented by a fraction the numerator of which is the number of days of the herein Lease Term which falls within the computation year and the denominator of which is three-hundred sixty-five (365).
PART YEARS. If this Lease shall commence or terminate in the middle of a computation year, Tenant shall be liable for only that portion of the Operating Costs Excess in respect of such computation year represented by a fraction the numerator of which is the number of days of the Lease Term which falls within the computation year and the denominator of which is three hundred sixty-five (365). Data: Upon request made within thirty (30) days of receipt of any Operating Escalation Statement, Landlord shall promptly provide to Tenant reasonable data to permit Tenant to verify the Operating Costs contained therein, but Tenant may not dispute any such element of cost or expenses not objected to within thirty (30) days of receipt of such data. Any obligation of Tenant under this Section 5 which shall not have been paid at the expiration of the Lease Term shall survive such expiration and shall be paid when and as the amount of same shall be determined together with interest thereon at the Lease Interest Rate (defined in Section 24) from the date the Operating Cost Excess was first due to Landlord.
PART YEARS. If the Commencement Date or the Termination Date occurs in the midst of a calendar year, Tenant shall be liable for only that portion of the Taxes and Operating Costs Excess with respect to such calendar year represented by a fraction, the numerator of which is the number of days of the herein Term which falls within the calendar year, and the denominator of which is three hundred sixty-five (365). EFFECT OF TAKING: In the event of any taking of the Building or the land upon which it stands under circumstances whereby this lease shall not terminate under the provisions of Section XVII, and in the event the valuation of the Building or the Property is lowered to reflect the taking, the $3.63 per square feet amount set forth in Section X(c) shall be lowered proportionately in relation to the reduced valuation.