Definition of Tenants Operating Proportionate Share
Tenants Operating Proportionate Share shall mean 5.58%.
Examples of Tenants Operating Proportionate Share in a sentence
Tenant's Operating Proportionate Share and Tenant's Tax Operating Proportionate Share.
If any changes are made to this Lease or to the Property changing the number of Rentable Square Feet contained in the Leased Premises or significantly changing the number of Rentable Square Feet in the Property, Tenant's Operating Proportionate Share and Tenant's Tax Proportionate Share may be appropriately adjusted.
A-4 55 Operating Adjustment Rent Rent to cover Tenant's Operating Proportionate Share of increase in any Comparison Year in Operating Costs over Base Costs.
Operating Adjustment Rent to be paid monthly in advance in an estimated amount as adjusted by Landlord from time to time to cover Tenant's Operating Proportionate Share of the increase in any Comparison Year in Operating Costs for said Comparison Year over Base Costs.
If at one or more times during such Year Landlord revises its estimate of Operating Costs for such Year, Landlord may notify Tenant of such revised estimate and of the increase or decrease in Tenant's Operating Proportionate share of such revised estimate payable monthly thereafter during such Year necessary to cause the total monthly payments during such Year to equal Landlord's then current estimate of the Tenant's Operating Proportionate Share for such Year.