Common use of Further Adjustment Clause in Contracts

Further Adjustment. In the event the average occupancy level ------------------ of the Building for the Base Services Year and/or any subsequent Lease Year was not ninety-five percent (95%) or more of full occupancy, then the Property Taxes for such year shall be proportionately adjusted among the tenants by Landlord to reflect those costs which would have occurred had the Building been ninety-five percent (95%) occupied during such year.

Appears in 2 contracts

Samples: Expansion Agreement (Call Points Inc), Deed of Lease (Vialog Corp)

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Further Adjustment. In the event the average occupancy level ------------------ of the Building for the Base Services Year and/or any subsequent Lease Year was not ninety-five percent (95%) or more of full occupancy, then the Property Taxes for such year shall be proportionately adjusted among the tenants by Landlord to reflect those costs which would have occurred had the Building been ninety-five percent (95%) occupied during such year.

Appears in 1 contract

Samples: Lease (Tel Save Com Inc)

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Further Adjustment. In the event the average occupancy level of ------------------ of the Building for the Base Services Year and/or any subsequent Lease Year was not ninety-five percent (95%) or more of full occupancy, then the Property Taxes for such year shall be proportionately adjusted among the tenants by Landlord to reflect those costs which would have occurred had the Building been ninety-five percent (95%) occupied during such year.

Appears in 1 contract

Samples: Lease Agreement (Vialog Corp)

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