Tenant’s Contribution. Tenant's share of Common Area Costs ("Tenant's Share") shall be calculated as the ratio which Tenant's Floor Area specified in Paragraph F of the BLP, bears to the total Floor Area then built in the Shopping Center described in Paragraph E of the BLP. Tenant shall pay to Landlord on a monthly basis, according to the terms of the BLP, at the same time(s) and in the same manner(s) as Tenant pays its monthly installments of Minimum Rent to Landlord, Tenant's Share of the amount of all Common Area Costs together with Tenant's Share of estimated Taxes pursuant to Section 6.2 and Tenant's share of estimated insurance pursuant to Sections 9.1(b) and 9.3(a) based either on (a) the amount of such expenses actually incurred for the billing period, or (b) equal periodic installments which have been estimated in advance by Landlord for a particular calendar year, in which event within sixty (60) days after each calendar year, Landlord shall furnish Tenant with a statement (“Landlord’s Operating Statement”) showing in reasonable detail: (i) the actual Common Area Costs, Taxes, and insurance for the previous calendar year; (ii) Tenant’s Share of the actual Common Area Costs, Taxes, and insurance for the previous calendar year; and (iii) the total sum of Tenant’s Share payments of the estimated Common Area Costs, Taxes, and insurance for the previous calendar year. If Tenant’s Share of the actual Common Area Costs, Taxes, and insurance for a calendar exceeds the amount of Tenant’s Share of the estimated Common Area Costs, Taxes, and insurance actually paid by Tenant for that calendar year, then Tenant shall immediately pay such deficiency to Landlord within ten (10) days after receipt of the Landlord’s Operating Statement. If Tenant’s Share of the estimated Common Area Costs, Taxes, and insurance for a calendar year exceeds Tenant’s Share of the actual Common Area Costs, Taxes, and insurance for that calendar year, then the excess shall be credited against Tenant’s share of future Common Area Costs, Taxes, and insurance. In no event shall Tenant be relieved of its obligation to pay Tenant’s Share of Common Area Costs, Taxes, and insurance if Landlord is late in sending Landlord’s Operating Statement to Tenant.
Tenant’s Contribution. Tenant hereby agrees to provide funds (the "Tenant Contribution"), to be held by Landlord, in an amount equal to Twenty- Five Million Dollars ($25,000,000.00), with Eighteen Million Dollars ($18,000,000) to be applied solely towards the build out of interior finish of all private corporate suites (i.e. private enclosed seating spaces leased on an annual basis) constructed as part of the Xxxxxxxx Stadium Expansion and Renovation Plan, the cost of interior furniture, fixtures and equipment to be supplied by Tenant within any private corporate suites in the Baseball Stadium, the cost of any rehabilitation of the interior finishes and the replacement of interior furniture, fixtures and equipment in the private corporate suites subsequent to the completion of the Leased Premises Renovation, and for any other purpose mutually agreed upon by the parties, and with Two Million Dollars ($2,000,000.00) to be applied solely to the "Right Field Public Restaurant" (referenced on Exhibit H) and Five Million Dollars ($5,000,000.00) to be applied solely to the "Centerfield Expanded Fan Amenities/Structures" (referenced on Exhibit H). Contracts for the portion of the Leased Premises Renovation to be funded with the Tenant Contribution as provided herein shall not be let until the Tenant Contribution has been deposited into a designated account (which shall be an interest-bearing account, with all interest earned being the property of Tenant) or other arrangements reasonably satisfactory to Landlord (including without limitation a letter of credit) have been made. Tenant's Contribution will not be required to be contributed until it is time to let the contracts for the work to be paid for with such Tenant's Contribution.
Tenant’s Contribution. Until the end of the second full Tax Year after the Center has been redeveloped and is fully assessed (the “Base Year”) Tenant shall pay to Landlord, for each Tax Year all or a part of which is within the Term, as its contribution to Real Estate Taxes the lesser of (i) Tenant’s Pro Rata Share of Real Estate Taxes assessed against the Center for such Tax Year (subject to Section 5.8) prorated on a per diem basis, with regard to the number of days of the applicable Tax Year(s) that are within the Term) or (ii) $3.50 per square foot of Floor Area of the Building (prorated on a per diem basis, with regard to the number of days of the applicable Tax Year(s) that are within the Term). Any buildings, additions, or improvements within the area designated as “Major 4” on Exhibit A, shall not be included in or assessed in Real Estate Taxes and the Floor Area of any such buildings, additions or improvements shall not be included in the denominator used to calculate Tenant’s Pro Rata Share of Real Estate Taxes, until such time as the Major 4 area has been fully built and assessed. After such Base Year, Tenant’s obligation for Real Estate Taxes shall be Tenant’s obligation for Real Estate Taxes for the Base Year, adjusted by the increase or decrease in the Tenant’s Pro Rata Share of Real Estate Taxes for such Tax Year above or below the Tenant’s Pro Rata Share of Real Estate Taxes assessed against the Center for the Base Year (subject to Section 5.8). The amounts payable by Tenant pursuant to this Article 6 are referred to herein as “Tenant’s Tax Contribution”. To avoid overpayment by Tenant, Landlord shall submit an accounting to Tenant of the amount paid by Tenant with respect to Tenant’s CAM Contribution and Tenant’s Tax Contribution periodically at the request of Tenant and, in any event, within ninety (90) days after the expiration of each calendar year. The provisions of this Section 6.2 shall govern Tenant’s Tax Contribution even if certain portions of the Center are separately assessed for Real Estate Tax purposes.
Tenant’s Contribution. (a) In the event the Lease, as may be amended, is terminated prior to the year 2046 and such termination is: (i) by Landlord for no reason; (ii) by Landlord for a reason not the fault of Xxxxxx; or (iii) by Tenant if Landlord breaches the Lease, the parties agree that Landlord shall pay to Tenant an amount equal to Xxxxxx’s Contribution as calculated below
Tenant’s Contribution. Tenant shall pay Tenant's Proportionate Share of the premiums for the insurance required to be carried by Landlord under Section 14.2 above (the in accordance with Section 4.4 above; provided, however, that shall not include (a) any premiums for any outparcels separately insured by the owners and/or users of such outparcels or for which insurance premiums are separately paid for by such owners and/or users, (b) any Insurance payable by any parties other than Landlord (not including other tenants or occupants of the Shopping Center who are paying a proportionate share of such premiums), (c) any premiums for any special endorsements required by Landlord's lender or as a result of any tenants' particular use of its premises within the Shopping Center, or (d) any increased premiums arising as a result of any other tenants' particular use of its premises in the Shopping Center and/or any other tenants' acts or omissions at the Shopping Center.
Tenant’s Contribution. Tenant shall contribute funds, together with the contributions made by other governmental entities, to complete at least the Minimum Required Project Elements as part of the Project which are estimated to require funds from Tenant of at least Three Hundred Million Dollars ($300,000,000.00), subject to changes in the contemplated other governmental entities contributions; the Project’s design, specifications, features, and requirements; or changes in economic conditions.
Tenant’s Contribution. Tenant shall pay, as additional rent, "Tenant's Proportionate (as hereinafter defined) of the premiums for the insurance required under this Article on all buildings and improvements constituting the Shopping Center, excluding the common areas of the Enclosed Mall, any, for each Lease Year during the term of this Lease. Proportionate Share" of such premiums shall be the product of the sum of such premiums multiplied by a fraction, the numerator of which shall be the gross leasable floor area, expressed square feet of the Demised Premises (or such lesser number of square feet as Tenant may occupy from any occur- rences referred to Articles 16 and/or 17 hereof) and the denominator of which shall be the gross leasable area, expressed in square feet of all buildings now or hereafter erected in the Shopping Cente plus the gross square footage of the common areas of the Enclosed Mall, any. The premiums for the First Lease Year and last Lease Year shall be prorated. Tenant shall pay Tenant's Proportionate Share of such premiums annually within forty-five (45) days prior to the due date of such premiums, but only upon demand for such payment by Landlord; which demand shall be accompanied by photocopies of the invoices for such premiums showing receipt of payment by the insurer or its agent and a computation of the amount payable by Tenant and such Tenant's Proportionate Share shall be paid by Tenant within thirty (30) days after Landlord's demand therefor. Landlord has advised Tenant that Landlord estimates that Tenant's Proportionate Share of insurance costs during the first Lease Year shall approximate ten cents ($0.10) per foot. _- 22/9 1 Xxxxxxx. lease _I Article 16. ,
Tenant’s Contribution. Landlord will pay the premiums on the “all risk” property insurance that it maintains pursuant to Section 10.2 early enough to be eligible for any “discounts” or rebates for early or timely payment. Landlord will in any event pay such premiums before their due date. Landlord will deliver to Tenant copies of all premium notices for such “all risk” property insurance together with evidence that Landlord has paid such premiums and a computation of Tenant’s share of such premiums. Tenant will only be responsible for premiums to the extent they cover periods of time that fall within the Term. Tenant will reimburse the appropriate amount of such premium to Landlord within 30 days following receipt of such information from Landlord.
Tenant’s Contribution. Commencing on the Commencement Date, Tenant shall pay to Landlord as Additional Rent, in addition to the Base Rent required by Section 5.1 hereof, an amount equal to Tenant’s Proportionate Share of the amount of Operating Costs paid or incurred by Landlord during each calendar year of the Term. In determining the amount of Operating Costs for the purposes of this Section 6.2, if less than one hundred percent (100%) of the Leasable Area of the Project shall have been occupied by tenants and fully used by them during the year, Operating Costs shall be deemed for the purposes of this paragraph to be increased to the amounts that would normally be expected to be incurred had occupancy been one hundred percent (100%) and had full use been made during the entire period.
Tenant’s Contribution. Section 9.1– Tenant’s Proportionate Share of Operating Costs.
