REAL ESTATE TAXES AND OPERATING EXPENSES. Both prior to November 1, 2007, and continuing throughout the Extended Term, Tenant shall continue to pay Tenant’s proportionate share of Operating Expenses and Tax Expenses in connection with the Premises in accordance with the terms of the Lease.
REAL ESTATE TAXES AND OPERATING EXPENSES. Section 7.1 The following terms shall have the meanings set forth below:
REAL ESTATE TAXES AND OPERATING EXPENSES. 5.01 For the purposes of this section V:
REAL ESTATE TAXES AND OPERATING EXPENSES. Effective as of the Expansion Space Commencement Date, Tenant shall be obligated to make monthly payments of additional rent for Real Estate Taxes and Operating Expenses related to the Expansion Space, in accordance with Section 3 of the Addendum to the Lease. 6 Condition. Tenant agrees to accept the Expansion Space in “as-is” condition. Any renovations to the Expansion Space shall be made at Tenant’s sole cost and expense.
REAL ESTATE TAXES AND OPERATING EXPENSES. 65. The Rent payable by Tenant during each Lease year shall be adjusted in accordance with this Article:
REAL ESTATE TAXES AND OPERATING EXPENSES. Effective as of August 1, 1999, the Operating Expense Base described in Article I and Section 6.1 of the Lease shall be the Operating Expenses incurred on account of calendar year 1999, and the Tax Base described in Article I and Section 5.1 of the Lease shall be the Taxes incurred on account of the fiscal tax year ending June 30, 2000. Notwithstanding the provisions of Sections 5.1 and 6.2 of the Lease to the contrary, Tenant's Tax Excess and Tenant's Operating Expense Excess shall not be payable with respect to the period commencing on August 1, 1999, and ending on July 31, 2000.
REAL ESTATE TAXES AND OPERATING EXPENSES. (a) In addition to the Base Rent, Tenant shall pa y to Land lord as “Additional Rent” an amount equal to Tenant’s Proportionate Share of the Operating Expenses and Taxes for each calendar year, whether or not same has previously been paid by Landlord. Such amounts shall be prorated for any partial calendar year at the beginning or end of the Lease Term.
REAL ESTATE TAXES AND OPERATING EXPENSES. Certain estimated net to gross expenses are summarized below and shall not exceed $.11484 per square foot per month for the lease year 3/1/05 to 2/28/06. In no way shall Tenant deem these costs to be fixed, except for the first Lease year on an aggregate basis, as these costs are subject to change, and subject to the cap below for all remaining Lease years. Expenses for utilities shall be a separate and distinct obligation of Tenant and shall be pro rated on a basis of square footage occupied to the total area of the Premises (142,216 s.f. divided by 253,400 s.f. = 56.12%). However, net to gross expenses #1 to #6 shall be “capped” at a 3.5% increase of the preceding year. The Management Fee shall be scheduled at 3% of gross rents, (i.e., base rent, plus net to gross expenses, minus management fee) for the Premises each year, and shall be paid as part of the Common Area expenses by Tenant on a monthly basis by Tenant to Landlord. The specific net to gross expenses for the Premises set forth in the box below, including, without limitation, the Common Areas, shall be capped as follows for the Lease year 3/1/05 to 2/28/06. Expense Cost per sq. ft. per month
REAL ESTATE TAXES AND OPERATING EXPENSES a) The following terms shall be defined as hereinafter provided:
REAL ESTATE TAXES AND OPERATING EXPENSES. 4.1. TENANT SHALL PAY INCREASES IN REAL ESTATE TAXES AND OPERATING EXPENSES.
