Examples of Tenant's Proportionate Share of Operating Expenses in a sentence

For purposes of calculating Tenant's Proportionate Share of Operating Expenses, a year shall mean a calendar year except the first year, which shall begin on the Commencement Date, and the last year, which shall end on the expiration of this Lease.
The Tenant's Proportionate Share of Operating Expenses payable hereunder for the Operating Years in which the Term begins and ends shall be prorated to correspond to that portion of said Operating Years occurring within the Term.
Notwithstanding anything to the contrary contained in Paragraph 7.A or 7.B, Landlord's failure to provide any notices or statements within the time periods specified in those paragraphs shall in no way excuse Tenant from its obligation to pay Tenant's Proportionate Share of Operating Expenses.
If such statement shows that Tenant's payments of Estimated Operating Expenses exceed Tenant's Proportionate Share of Operating Expenses, then (provided that Tenant is not in default under this Lease) Landlord shall pay to Tenant the difference within twenty (20) days after delivery of such statement to Tenant.
If such statement shows that Tenant's payment based upon Estimated Operating Expenses is less than Tenant's Proportionate Share of Operating Expenses, then Tenant shall pay to Landlord the difference within twenty (20) days after receipt of such statement, such payment to constitute Additional Rent for all purposes hereunder.

More Definitions of Tenant's Proportionate Share of Operating Expenses

Tenant's Proportionate Share of Operating Expenses means an amount equal to the product of Tenant's Proportionate Share times the Building Operating Expenses and Building Common Area and prorata share of Park Common Area expenses.

Tenant's Proportionate Share of Operating Expenses means an amount equal to the product of Tenant’s Proportionate Share multiplied by an amount equal to the Operating Expenses incurred during or properly chargeable to the calendar year in question. Notwithstanding anything herein to the contrary, for purposes of computing Tenant’s Proportionate Share of Operating Expenses, Operating Expenses that constitute Controllable

Tenant's Proportionate Share of Operating Expenses means a percentage factor, determined by dividing the rentable square footage contained in the Premises by the rentable square footage contained in the Building, multiplied by the amount of Operating Expenses.

Tenant's Proportionate Share of Operating Expenses. Tenant's Proportionate Share of Operating Expenses shall consist of two (2) separate percentages which shall be adjusted based on Tenant's Rentable Square Footage as determined by the Final Plan:

Tenant's Proportionate Share of Operating Expenses means an amount equal to the product of Tenant’s Proportionate Share times the Operating Expenses. Notwithstanding anything to the contrary set forth in this Lease, Tenant’s Proportionate Share of Operating Expenses for the period commencing on the Commencement Date through and including the Expiration Date shall be $0.00.

Tenant's Proportionate Share of Operating Expenses means an amount equal to the product of Tenant's Proportionate Share multiplied by the difference of the Operating Expenses for the applicable calendar year minus the Operating Expenses for the Base Year; provided that such amount shall not be less than zero. All Operating Expenses shall be calculated by Landlord in accordance with generally accepted accounting principles, consistently applied.

Tenant's Proportionate Share of Operating Expenses means an amount equal to the product of Tenant’s Proportionate Share times the Operating Expenses. Tenant’s Proportionate Share of Operating Expenses is determined as outlined within Exhibit B. Controllable expenses are not to exceed a 4% increases year over year.