Definition of Tenant's Share of Basic Operating Cost


Tenant's Share of Basic Operating Cost means the Tenant's Share of the Basic Operating Costs during any calendar year of the Lease Term.

Examples of Tenant's Share of Basic Operating Cost in a sentence

Notwithstanding anything set forth herein to the contrary, Landlord, at its sole option, may elect to bill Tenant for Tenant's electricity charges under this Section 6(a) in the same manner as Landlord bills Tenant for Tenant's Share of Basic Operating Cost pursuant to and in accordance with the terms and provisions of Section 6(b) below.
Also, the Base Rental shall be adjusted on the basis of the per square foot rates otherwise in effect, and Tenant's Share of Basic Operating Cost shall be proportionately adjusted, to reflect any difference between the size of the Premises prior to relocation and that after relocation.