Operating Expenses and Real Property Taxes. During the period beginning on the Commencement Date and continuing through and until the Direct Expense Date (as defined in Section 3.3(a) below), Tenant shall pay Landlord the sum of Six Thousand Nine Hundred Sixty-Four and 00/100 Dollars ($6,964.00) (i.e., $0.20 per square foot) per month for Operating Expenses (inclusive of association fees and water and sewer service, but excluding electricity service to the Premises) and Real Property Taxes, as Landlord shall be responsible for providing all items described as Operating Expenses for the period prior to the Direct Expense Date. Beginning on the Direct Expense Date, Tenant shall pay one hundred percent (100%) of the Operating Expenses, as provided in Section 3.3 below, and the Real Property Taxes applicable to the Premises, as provided in Section 9 below. In addition, Tenant shall pay for the actual cost of all utility services to the Building and security services for the Building required by Tenant, if any.
Operating Expenses and Real Property Taxes. (a) Operating Expenses and Real Property Taxes: Lessee will not be obligated for any payments for Operating Expenses or Real Property Taxes. The Monthly Base Rent includes full payment of all such obligations.
Operating Expenses and Real Property Taxes. Prior to the Extended Term Commencement Date and continuing through the Extended Term, Tenant shall continue to pay Tenant’s Percentage Share of Operating Expenses and Tenant’s Percentage Share of Real Property Taxes in accordance with the Amended Lease including, without limitation, Sections 6 and 9 of the Original Lease. Tenant acknowledges that Landlord has the right to determine Tenant’s Percentage Share from time to time as provided under the Amended Lease, including, without limitation, Section 6.4 of the Original Lease, and that the Premises contain 100% of the leasable space of the Building. Landlord agrees that in calculating Tenant’s Percentage Share of Operating Expenses for calendar year 2019 and subsequent calendar years or portions thereof to the extent within the Extended Term, that portion of Operating Expenses which are controllable by Landlord (specifically excluding, without limitation, insurance premiums, taxes, assessments, Real Property Taxes, costs of utilities, payments pursuant to Section 6.1.9 of the Original Lease, costs of capital improvements, costs not within Landlord’s reasonable control, costs for compliance with laws, and costs arising from force majeure) will not increase more than five percent (5%) per year over the amount of the controllable Operating Expenses for calendar year 2018 (“Controllable Operating Expense Base Year”) on a cumulative basis. By way of example only, if the controllable Operating Expenses in calendar year 2018 are $100,000.00, then calendar year 2019’s cap is $105,000.00, calendar year 2020’s cap is $110,000.00, calendar year 2021’s cap is $115,000.00, etc. If the Extended Term is extended pursuant to Section 10 below, then the foregoing limitation on increases of controllable Operating Expenses will continue, however, commencing with calendar year 2026 and for each subsequent calendar year or portion thereof within the first Option Term, the Controllable Operating Expense Base Year shall be calendar year 2025, and likewise, if the Extended Term is further extended by the second Option Term, then commencing with calendar year 2031 and for each subsequent calendar year or portion thereof within the second Option Term, the Controllable Operating Expense Base Year shall be calendar year 2030. Without limiting the scope of costs or expenses that are not controllable Operating Expenses, the Parties agree that all costs and expenses of a capital nature (e.g., without limitation, capital improvements, equ...
Operating Expenses and Real Property Taxes. Tenant shall pay ------------------------------------------ to Landlord as "Additional Rent" under this Lease, at the times hereinafter set forth, Tenant's Prorata Share, as specified in Paragraph 11 of the Summary, of any increase in the Operating Expenses (as defined below) and Real Property Taxes (as defined below) incurred by Landlord in each calendar year subsequent to the Base Year specified in Paragraph 12 of the Summary over the operating Expenses and Real Property Taxes incurred by Landlord during the Base Year.
Operating Expenses and Real Property Taxes. This Section supplements Section 6.
Operating Expenses and Real Property Taxes. Tenant shall not be obligated to pay Operating Expenses and Real Property Taxes with respect to the Additional Space.
Operating Expenses and Real Property Taxes. (a) Tenant shall pay as Additional Rent for each Lease Year (as defined in Section 5.5) during the Term an amount equal to Tenant's "pro rata ----------- share" of the excess of the amount of Operating Expenses and Real Property Taxes for such Lease Year over the Operating Expenses and Real Property Taxes for calendar year 2000 ("Base Year Amount"). Tenant's "pro rata share" share shall be determined by a fraction, the numerator of which is the number of square feet of Rentable Area in the Premises as set forth in Section 26.3 and the denominator of which is the number of square feet of Rentable Area in the Project as set forth in Section 26.3, unless otherwise expressly set forth herein. "
Operating Expenses and Real Property Taxes. In addition to the Net Rent for the Expansion Area, Tenant shall be responsible for its prorata share of Additional Rent on the Expansion area which will include all Operating Expenses and Real Property Taxes as defined in the Original Lease starting from the Expansion Area commencement date.
Operating Expenses and Real Property Taxes. Prior to and continuing throughout the Extended Term, Tenant shall pay Tenant's Percentage Share of all Operating Expenses and Real Property Taxes which arise or accrue with respect to the Existing Premises pursuant to the terms of the Lease. In addition, commencing on the Expansion Commencement Date and continuing throughout the Expansion Term, Tenant shall pay Tenant's Percentage Share of all Operating Expenses and Real Property Taxes which arise or accrue with respect to the Expansion Premises pursuant to the terms of the Lease and in connection therewith Tenant’s Percentage Share with respect to the Expansion Premises shall be 62.16% of the Expansion Building.
Operating Expenses and Real Property Taxes. Subtenant’s sole payment obligations to Sublandlord shall be the payment of Monthly Base Rent. Notwithstanding any provision of the Master Lease or this Sublease to the contrary, Subtenant shall not be required to pay any other amounts to Sublandlord, including, without limitation, any amounts for operating expenses associated with the operations of the Building, the Premises or the Subleased Premises, taxes, insurance, maintenance, repairs, janitorial or utilities, provided that nothing herein shall release Subtenant from any amounts due arising from its default under, or as explicitly stated in, this Sublease.
