Base Costs. As used in this Lease, the term “Base Costs” shall mean Tenant’s Percentage of Operating Expenses and Taxes, respectively, incurred and paid by Landlord during calendar year 2016 (the “Base Year”).
Base Costs. Base Costs means the costs Portland incurs to meet its customers’ average daily demand (ADD).
Base Costs. 4.1 Base Costs are calculated on the basis of an hourly rate as follows: Xxxx Xxxxxxxxx, Director £250 per hour Solicitor/ Legal Executive over 5 years qualified £200 per hour Solicitor/ Legal Executive less than 5 years qualified £180 per hour Paralegals £150 per hour
Base Costs. (i) The base costs for Real Estate Taxes shall be those costs for the aforesaid paid to Lessor under the Main Lease from October 1, 1993 through September 30, 1994;
Base Costs. “Base Costs” for any period shall mean the sum of (i) Unit costs and expenses, other than the costs of abandoning Unit Xxxxx and Unit Facilities, anticipated to be incurred for such period that would be allocated as “charges” for purposes of either Section 4(a)(2) of the Contractors’ Agreement or Section 4(a)(2) of the Tract No. 2 Agreement if the Program were not implemented, as calculated in the manner described in Exhibit B attached hereto, and (ii) any Unit costs or expenses actually incurred during such period by reason of extraordinary events that materially impact Unit operations, including but not limited to (by way of example) a significant change in land use for a non-Unit development project such as an amusement park, an act of God such as a major earthquake, an extraordinary and material expense such as the replacement of all or most of the Unit pipelines, or an extraordinary and material change in environmental or land use regulation, which costs or expenses are allocated as “charges” for purposes of either Section 4(a)(2) of the Contractors’ Agreement or Section 4(a)(2) of the Tract No. 2 Agreement, but only to the extent such costs or expenses would have been incurred if the Program had not been implemented.
