Common Area Maintenance Charges definition

Common Area Maintenance Charges means the costs and expenses described in Section 5.4.2 of this Lease.
Common Area Maintenance Charges means all expenses, costs and disbursements which Landlord shall pay or become obligated to pay in connection with operating, insuring, equipping, protection, maintaining and repairing the Building, its systems, and Common Areas, snow removal, rubbish removal, landscaping, operation of any common fire alarm and/or security system, or heating and air conditioning system, or otherwise including, without limitation: (a) all wages and salaries of all Persons employed in connection therewith (including taxes, insurance and benefits relating thereto), (b) the cost of all supplies and materials used in connection therewith, (c) all maintenance, and service agreements including management agreements providing management fees not in excess of those customarily charged in the Greater Fall River area, (d) utilities in accordance with Section 9.01 (payable in the manner set forth therein), (e) insurance, including without limitation casualty insurance, rent insurance, flood hazard insurance, if applicable, liability insurance, by umbrella or otherwise, and all such other commercially reasonable insurance coverage as Landlord's mortgagees or ground lessors may from time to time require or as Landlord may from time to time reasonably require (provided that Landlord shall be solely responsible for any environmental liability insurance premiums), (f) capital items amortized over their useful life in accordance with generally accepted accounting principles consistently applied (it being expressly understood that Landlord shall be exclusively responsible for the amortized cost of any such items allocated to the period following expiration of the Term) and (g) pursuing any application for an abatement of Taxes. Notwithstanding the above, Common Area Maintenance Charges shall not include: (a) the costs of off-site personnel with exception to the costs of Landlord's off-site management function for the facilities; (b) the cost of any "tenant allowances" or other costs incurred in preparing the Building for occupancy and any alterations, decoration or improvements made to leasable space in the Building on account of said prospective tenants or other occupants of the Building; (c) costs associated with any environmental assessments or remediation of the Building or Land; (d) financing or refinancing costs; (e) expenses in the nature of interest, fines and penalties; (f) rent, additional rent and other charges payable under the Ground Lease; (g) expenses for which Landlord has be...
Common Area Maintenance Charges means the total of all items of all costs and expenses related to operating, securing, insuring, complying with applicable law, administering, promoting, repairing, cleaning, preserving, altering, landscaping, legal fees and costs of any kind (except with respect to enforcement actions against tenants and negotiation of leases), lighting, replacing, maintaining and enhancing the utility of, the Building and Common Areas, payment of reasonable management fees with respect to the Building and Common Areas, promotional charges, and utilities for the Building. Common Area Maintenance Charges shall not include the following:

Examples of Common Area Maintenance Charges in a sentence

  • A Half-yearly Common Area Maintenance Charges of Rs 300/- per sqm + GST/taxes as applicable, of actual area licensed shall be payable to Maha- Metro along with the advance license fee.

  • Tenant shall pay to Landlord Tenant’s Proportionate Share of all Common Area Maintenance Charges (“Pass-Through Charges”), which shall be determined for each year by multiplying the total Common Area Maintenance Charges by Tenant’s Proportionate Share, expressed as a fraction.

  • Unless Tenant objects to any such statement within thirty (30) days of receipt thereof, Tenant shall be deemed to have waived the right to make any objections to such statement or to the amount of Tenant’s Proportionate Share of Common Area Maintenance Charges for such calendar year.

  • Commencing at the same time as Base Rent commences under this Lease, Tenant shall pay to Landlord, as Additional Rent, any other amounts (other than Base Rent) for which Tenant is liable to Landlord hereunder, including but not limited to Common Area Maintenance Charges and sales or privilege tax.

  • The above assets do not include the value of assets which are recoverable from the licencees as Common Area Maintenance Charges.


More Definitions of Common Area Maintenance Charges

Common Area Maintenance Charges means the costs of operation, repair, replacement, security, maintenance and management of the Property and its Common Areas, whether located in or outside of the Property and shall include Landlord’s costs and expenses incurred in connection with the following by way of example and illustration but not limitation: (i) all buildings, roofs, retaining walls, entry-way features, water features and other building improvements and facilities used in common with other tenants of the Property, or in connection with the maintenance and/or operation of, and whether located within or outside of, the Property; (ii) all Taxes and assessments, including all costs associated with an appeal of any assessment of Taxes; (iii) governmental assessments or surcharges, including special assessments; (iv) all costs of insurance maintained by Landlord with respect to the Property; (v) all costs of maintenance, cleaning, inspection, security, fire detection and protection, supplies, janitorial, landscaping, window cleaning, garbage removal, trash removal services, parking lot cleaning, repair, replacement, or maintenance, together with the cost of maintaining, repairing, and replacing any HVAC, plumbing, electrical or other mechanical systems serving the Common Area or more than one demised space; (vi) audit, professional and consulting fees and expenses (vii) costs in erecting, maintaining, repairing and replacing pylon and/or monument signs identifying the Shopping Center and/or its anchor tenant (viii) leasing off-site parking areas for customers and employees of the tenants of the Property (ix) salaries, wages and other amounts paid or payable for all personnel (including an on-site and/or off-site property manager) involved in the repair, maintenance, administration, operation, security, gardening, landscaping, supervision, painting or cleaning of the Property, said costs shall also include such fees as may be paid in connection with same, such as management fees; (x) auditing and accounting fees and costs; (xi) any parking charges, utilities surcharges, or any other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by a governmental authority in connection with the use or occupancy of the Property or the parking facilities serving the Property; (xii) any fees assessed by a property owners’ association; (xiii) an administrative fee of 25% of Common Area Maintenance Charges for the...
Common Area Maintenance Charges means the total cost and expense reasonably incurred by Landlord in operating, maintaining, managing and repairing the Building and/or the Common Area, including, without limitation, costs and expenses for the following: gardening and landscaping; maintenance and repair of the nonstructural portions of the roof; pest extermination services; utilities, water and sewer charges (other than with respect to utilities separately metered and paid directly by Tenant or other tenants in the Building); maintenance of parking areas; fees, charges and other costs (including, without limitation, consulting, accounting and legal fees, but excluding legal and accounting fees directly attributable to other tenants) reasonably necessary to manage the Building (including a fee to Landlord for management of the Building and the Common Areas not to exceed four percent (4%) of the aggregate basic monthly rent collected from tenants in the Building); costs of compliance with any and all governmental laws, ordinances, and regulations applicable to the Building which were not applicable as of the Commencement Date; installation, maintenance and replacement of signs identifying the Building (other than Tenant's signs); all personal property taxes levied on or attributable to personal property to the extent used in connection with the Building and Common Area; rental or lease payments paid by Landlord for rented or leased personal property to the extent used in the operation or maintenance of the Building; fees for required licenses and permits; repairing, resurfacing, repaving, maintaining, painting, lighting, cleaning, refuse removal, security, and similar items; reasonable and customary operating reserves; a fee to Landlord not to exceed ten percent (10%) of the aggregate of the total of all other Common Area Maintenance Charges (exclusive of the 4% management fee and exclusive of Property Taxes and Insurance Charges) for Landlord's supervision and administration of the Building; and the amortized costs (as reasonably determined by Landlord over the appropriate useful life) to repair, maintain or install capital improvements to comply with governmental regulations or undertaken in good faith with a reasonable expectation of reducing operating costs. Landlord may cause any or all of such services to be provided by an independent contractor.
Common Area Maintenance Charges or “CAM Charges” shall mean the charges payable towards the CAM, ground rents, taxes, water charges and costs payable to any authority. It shall include local taxes, betterment
Common Area Maintenance Charges for any Lease Year shall mean those items of expenses of operating the Project which are paid by Lessee during such Lease Year (or, in the case of items all or some portion of which is paid in one (I) Lease Year, but properly chargeable to a different or to more than one (I) Lease Year, properly allocated to such Lease Year) that are charged to and reimbursed by Full-Site Tenant under its Full-Site Tenant Lease or Tenants under their Tenant Leases for such Lease Year, including, without limitation, charges for landscaping (including "afforested areas") and maintaining the Project, amounts paid to the Techny Property Association under the Declaration, utilities, repairs and maintenance of common areas (including payments to sub-associations for such repairs and maintenance), fees paid to management agents and other similar items; provided, however, that such fees or payments shall not be in excess of the actual expenses incurred plus reasonable reserves and reasonable management fees. Common Area Maintenance Charges for any Lease Year shall exclude (i) any other amounts payable during such Lease Year that are otherwise deducted in determining Adjusted Project Revenues, (ii) capital expenditures of any kind unless such expenditures are included in operating expenses chargeable to Full-Site Tenant under its Full­ Site Tenant Lease or Tenants under their Tenant Leases, provided such expenditures are amortized over the reasonably estimated life of the asset to which the capital expenditure relates, and (iii) Impositions. In addition, Common Area Maintenance Charges for any Lease Year shall exclude the amount of any fees or payments made to Lessee, FCL Founders Drive, LLC (including any Person that is the ground lessee under the Ground Lease at any time during the ​ ​ Lease Year for which any such calculation is being made), or to any of their respective Affiliates, in excess of the amounts for such fees that are reasonable and customary for similar services in the Chicago metropolitan commercial real estate market.
Common Area Maintenance Charges shall collectively mean all amounts expended in connection with the operation, repair, replacement and maintenance of the Common Areas, whether capital or non-capital in nature, and whether paid to Landlord or to a third party in connection with the same, including, without limitation, all amounts expended for all of the following:
Common Area Maintenance Charges means the total of all items of all reasonable and customary costs and expenses incurred by Landlord for operating, securing, insuring, complying with applicable law, repairing, cleaning, preserving, landscaping, lighting, replacing and maintaining the Building, and Common Areas, payment of reasonable management fees with respect to the Building, and utilities for the Building which are not separately metered; provided, however, that Tenant shall be responsible for only thirty five percent (35%) of such costs and expenses with respect to the truck court. Common Area Maintenance Charges shall not include the following:
Common Area Maintenance Charges means the total cost and expense incurred by Landlord in operating, maintaining, managing and repairing the Project Common Area, including, without limitation, costs and expenses for the following: gardening and landscaping; maintenance and repair of the roof; pest extermination services; utilities, water and sewer charges (other than with respect to utilities separately metered and paid directly by Tenant or other tenants in the Project); maintenance of parking areas; fees, charges and other costs (including, without limitation, consulting, accounting and legal fees, but excluding legal and accounting fees directly attributable to other tenants) reasonably necessary to manage the Building and Project (including a fee to Landlord for management of the Project and Project Common