Proportionate Share definition
Examples of Proportionate Share in a sentence
Capital Contributions shall be made by all Members pro rata based on their respective Proportionate Share.
The Landlord shall rernif to the Tenant, at least sixty ( 60 ) days before each Lease Year, the estimated amount of the Tenant‘s Proportionate Share of the Operating Costs and Real Estate Taxes for that period, and \ he monthly paymen \ s of Additional Rent shall 1 hen be es \ abIished for said Lease Year basad on lhat estimate .
The Members agree that any Emergency Funding shall be treated as a Capital Contribution for all purposes of this Agreement and shall not accrue any interest or entitle BCPC to any fees or the like; provided, that in no event shall any Emergency Funding affect any Proportionate Share or any rights related thereto or derived therefrom (including the rights to vote, receive distributions or be allocated Profit or Loss) except as set forth in Section 5.1(b)(i).
The Additional Rent shall indude : (a) The Tenanl's Proportionate Share of the Operating Costs; (b) The Tenant's Proportionate Share of fhe Real Eslate Taxes; and (c) An administration fee of 15% of the Tenant's Proportionate Share of Operabng Costs.
Should the actual amount of Tenanl's Proportionate Share of such Operating Casts and/or Real Estale Taxes indicated in the Landlord's statement and supporting documents be greater than lhe total of the amounts already Daid by the Tenant to the Landlord, then lhe Tenant shall reimburse any amount to the Landlord within lhirty ( 30 ) days folbwing the delivery of Ihe above - mentioned statement .