Base Operating Year definition

Base Operating Year shall have the meaning set forth in Section 27.1 hereof.

Base Operating Year means the calendar year ending December 31, 2000.

Base Operating Year means calendar year 1998.

Examples of Base Operating Year in a sentence

• IV.1.1 Commencing on the First Adjustment Payment Date, Tenant shall, on the first day of each month in advance pay to Landlord pro rata monthly installments on account of the amount reasonably projected by Landlord for Tenant's Share of increases in Operating Expenses and for Tenant's Share of increases in Taxes over the Base Operating Year and over the Base Tax Year, respectively, based upon the most recent data available to Landlord, from time to time, for Operating Expenses and for Taxes.

• From and after the Effective Date through and after Closing, Seller and Property Owner (prior to giving effect to the transfers at Closing) shall make all commercially reasonably efforts to cooperate with respect to inquiries and information requests relating to audit rights of amounts included in the Base Operating Year Expenses provided in the Schwab Lease.

• The Base Tax Year for the Offer Space shall be reset to the fiscal year in which the commencement date of lease for the Offer Space occurs and the Base Operating Year for the Offer Space shall be reset to the calendar year in which the commencement date of the lease for the Offer Space occurs.

• The term "Operating Year" shall mean each calendar year after the Base Operating Year.

• The Base Year, for purposes of Operating Costs, shall be the calendar year 2003 (the "Base Operating Year").

More Definitions of Base Operating Year

Base Operating Year means the calendar year in which occurs the Commencement Date.

Base Operating Year means the calendar year 1996.

Base Operating Year means the calendar year 2017.

Base Operating Year means the calendar year ending December 31, 2005, except with respect to the Renewal Term the “Base Operating Year” shall mean the calendar year ending on December 31st of the calendar year in which the Fixed Expiration Date shall occur.

Base Operating Year means the calendar year commencing January 1, 1997.

Base Operating Year means the 1996 calendar year, (ii) the term "Tenant's Proportionate Operating Share" shall mean 0.1581% and (iii) the term "Base Operating Expenses" shall mean the Operating Expenses for the Base Operating Year.

Base Operating Year means the 2019 calendar year, i.e. the twelve (12) month period of January 1, 2019 to December 31, 2019.