Definition of Tenants Share of Common Expenses

  1. Tenants Share of Common Expenses means 12.96%.

Examples of Tenants Share of Common Expenses in a sentence

  1. In addition to paying Tenants Share of Common Expenses, Tenant will pay Landlord as Additional Rent for each calendar year (or portion thereof) a commercially reasonable property management fee, which shall not exceed (i) 3% of Tenants Basic Rent for the calendar year in question during the first two (2) years of the Term, and (ii) 4.0% of Tenants Basic Rent for the calendar year in question thereafter.

Definition of Tenants Share of Common Expenses in Amendment to Lease Agreement

Tenants Share of Common Expenses means 12.96%.