Definition of Tenant's Projected Share of Increase

  1. Tenant's Projected Share of Increase means Tenant's Proportionate Share of Increase as reasonably estimated by Landlord for the ensuing Operating Year. Tenant shall pay to Landlord in equal monthly installments together with its payment of fixed rent one-twelfth (1/12) of Tenant's Projected Share of Increase as Additional Rent.

Definition of Tenant's Projected Share of Increase in Lease Agreement

Tenant's Projected Share of Increase means Tenant's Proportionate Share of Increase as reasonably estimated by Landlord for the ensuing Operating Year. Tenant shall pay to Landlord in equal monthly installments together with its payment of fixed rent one-twelfth (1/12) of Tenant's Projected Share of Increase as Additional Rent.


Definition of Tenant's Projected Share of Increase in Lease

Tenant's Projected Share of Increase means: (1) for the year 2007, Owners reasonably estimated increase in costs for the year 2007 over the Base Operating Expenses divided by 12 and payable monthly by Tenant to Owner as additional rent; and (2) for each Operating Year after the year 2007, Tenants Proportionate Share of Increase for the prior Operating Year and the reasonably estimated increase in costs for the current Operating Year divided by twelve (12) and payable monthly by Tenant to Owner as additional rent.