Base Operating Expenses definition

Base Operating Expenses means the Operating Expenses for the Base Year.

Base Operating Expenses means the Operating Expenses paid or incurred by Landlord in the Base Year.

Base Operating Expenses means the amount of Operating Expenses attributable to the Base Operating Expense Year.

Examples of Base Operating Expenses in a sentence

• After the end of each calendar year, Landlord will, as soon as practicable, submit to County, a statement of the actual increases incurred in operating expenses for the preceding calendar year over the Base Operating Expenses.

• Xxxx Rent includes a component allributable to Ope ting xpenses (defined below) for the Base Year as specified in Section I ("Base Operating Expenses"), and to Taxes (defined below) for the Bnse Ycnr ("Base Taxes").

• Additional Rent is the rental payable during each calendar year subsequent to the Base Year equal to Tenant's Percentage Share of the total dollar increase, if any, in Operating Expenses paid or incurred by Landlord in that year over the Base Operating Expenses, and also increased by Tenant's Percentage Share of the total dollar increase, if any, in Property Taxes paid by Landlord in that year over the Base Property Taxes.

More Definitions of Base Operating Expenses

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

Base Operating Expenses means all Operating Expenses incurred or payable by Landlord during the calendar year specified as Tenant’s Base Year in Item 8 of the Basic Lease Provisions.

Base Operating Expenses means the total of Operating Expenses paid by Landlord during calendar year 2008 (the “Base Expense Year”), as adjusted under § 4.5 below.

Base Operating Expenses is hereinbefore defined in Section 1.1. Base Operating Expenses shall not include market-wide cost increases due to extraordinary circumstances, including but not limited to Force Majeure (as defined in Section 6.1), conservation surcharges, boycotts, strikes, embargoes or shortages.

Base Operating Expenses means Operating Expenses for the Base Year.

Base Operating Expenses means the Operating Expenses for the Base Expense Year.

Base Operating Expenses. Landlord’s Operating Expenses (as hereinafter defined in Section 2.6) for calendar year 2011, being January 1, 2011 through December 31, 2011. Base Taxes: Landlord’s Tax Expenses (as hereinafter defined in Section 2.7) for fiscal tax year 2012, being July 1, 2011 through June 30, 2012. Tenant Electricity: Initially as provided in Section 2.5 subject to adjustment as provided in Section 2.8.