Definition of R&D Building Expenses


R&D Building Expenses means the total amount of Operating Expenses with respect to the R&D Building and Real Property Taxes with respect to the parcels upon which the R&D Building is located during any calendar year of the Term, provided however, charges related to steam, electricity, water, sewer, gas and other utility charges shall not be included in the calculation of Operating Expenses for the R&D Building to the extent same have been submetered and are paid directly by Tenant or billed separately to Tenant by Landlord. Furthermore, as described in Section 16 below, Tenant shall be responsible for direct payment of all utility charges to the applicable utility companies for the entire R&D Building through the Demising Effective Date (as defined in Section 13).
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