Utilities and Operating Expenses. To the extent not billed directly to tenants, or paid as part of Additional Rent (as hereinafter defined) or otherwise by tenants, water, electricity, sewer, gas, telephone and other utility charges based, to the extent practicable, on final meter readings and final invoices. Any operating expenses that are not paid by the tenants as Additional Rent or otherwise shall be prorated between Purchaser and Seller, with Seller receiving a credit for any operating expenses paid by Seller and related to the period from and after Closing.
Utilities and Operating Expenses. Tenant agrees to pay during the term of this Lease: (a) all charges for utilities furnished to the Property, including without limitation all charges for water, sewage, heat, gas, light, garbage, trash, electricity, and telephone; (b) except as set forth in Section 4.2 above, all charges for the cleaning of the Property; and (c) except as set forth in Section 4.2 above, all other operating expenses incurred in the use and operation of the Property.
Utilities and Operating Expenses. To the extent not paid by Tenants as a component of Additional Rent (as hereinafter defined) or otherwise or utilities are not transferred to the name of Buyer on the Closing, water, electricity, sewer, gas, telephone and other utility charges based, to the extent practicable, on final meter readings and final invoices, shall be prorated at Closing. To the extent not paid by Tenants as a component of Additional Rent or otherwise, any operating expenses shall be prorated between Buyer and Seller, with Seller receiving a credit for any operating expenses paid by Seller and related to the period from and after Closing.
Utilities and Operating Expenses. For large commercial properties it is often impossible to have a reading on the day of closing and a perfect true- up of expenses. The contract should include a provision that the intent of the parties is that the buyer be responsible for costs and expenses after closing while the seller be responsible for such expenses prior to closing. This type of provision can require a true-up by the parties if after closing a significant unfairness is discovered (e.g., prepayment of utilities).
Utilities and Operating Expenses. Tenant shall pay or cause to be paid when due, all charges, fees, assessments and related costs for public utility services (including, without limitation, gas, water, sewer, electricity, light, power, telephone, cable and other communication services and refuse and garbage collection) used, rendered or supplied in connection with the Project throughout the Lease Term. Tenant shall also pay or cause to be paid when due all other costs and expenses in connection with operating the Project in accordance with the terms and conditions hereof including, but not limited to, costs and expenses for personnel, Operating Supplies, Operating Equipment, insurance and compliance with Legal Requirements (subject to the provisions of Section 7.4 hereof).
Utilities and Operating Expenses. FFN shall pay all operating expenses and utilities for the building in which the Premises are located regardless of additional occupancy, including but not limited to: water, electric, sewage, stormwater and waste removal during the Term of this Agreement.
Utilities and Operating Expenses. Water, electricity, sewer, gas, telephone and other utility charges based, to the extent practicable, on final meter readings and final invoices shall be prorated at Closing. Any operating expenses shall be prorated between Buyer and Seller, with Seller receiving a credit for any operating expenses paid by Seller and related to the period from and after Closing.
Utilities and Operating Expenses. Tenant agrees to pay during the term of this Lease: (a) all charges for utilities furnished to the Property, including without limitation all charges for water, sewage, heat, gas, light, garbage, trash, electricity, and telephone; (b) all charges for the cleaning, room setting, and tearing down of the Property (including the City Spaces and Joint Spaces); and (c) except as set forth in Section 4.1, all other operating expenses incurred in the use and operation of the Property. Regarding the City Spaces and Joint Spaces, Tenant shall pay the cost of the utilities associated with the City Spaces and Joint Spaces, and shall be responsible for cleaning the City Spaces and Joint Spaces, but Landlord shall be solely responsible for coordinating and paying for the upkeep and other operating expenses associated with the City Spaces.
Utilities and Operating Expenses. The Demised Premises shall be separately metered or submetered for all utilities. Tenant shall pay a portion of common area maintenance costs, real estate taxes and insurance allocated on a mutually agreed upon basis by Landlord and Tenant in the Lease.
Utilities and Operating Expenses. City shall furnish to the Property reasonable quantities of gas, electricity, water, sewer and refuse collections services as required for Lessee’s use. However, if City is required to construct new or additional utility installations, including, without limitation, wiring, plumbing, conduits, and mains, resulting from Lessee’s special requirements, Lessee shall on demand pay to City the total cost of such items.
