Common Area Maintenance. (CAM) shall mean Tenant’s pro rata share of the cost to maintain, clean or repair the common areas 14 and amenities of the Premises as set forth in Paragraph 7.
Common Area Maintenance as used in this Lease means all costs and expenses of every kind or nature incurred by Landlord in the operation, maintenance, replacement, and repair of the Building and the Property. Common Area Maintenance shall include, without limitation, the cost of police, security and fire protection services, if provided; mowing, gardening and landscaping; cleaning; repairs and painting; striping, sweeping; lighting (including the cost of electricity and maintenance and replacement of fixtures and bulbs); regulating traffic; rubbish, garbage and other refuse removal; pest control; ice and snow removal; machinery, equipment and supplies used in the operation and maintenance of the Building and the Property and facilities; repair of paving, curbs and walkways; utility and drainage fees and utilities, including telephone, cable, gas, electric, water and sewer charges; the cost to Landlord of personnel to implement this operation, maintenance, replacement, and repair of Building and the Property as provided above (including Worker’s Compensation insurance covering such personnel), and an administrative charge equal to fifteen percent (15%) of the total cost of the foregoing. Landlord and Tenant agree that Landlord shall have the sole discretion to determine whether or not a particular service is advisable and to employ such persons and acquire such equipment as Landlord deems advisable in order to provide and maintain the Building and the Property.
Common Area Maintenance. The LESSEE shall have the obligation for his pro rata share as set fourth in Paragraph 3 for the following items described below: Interior: LESSOR
Examples of Common Area Maintenance in a sentence
As well, anchor tenant leases may restrict Common Area Maintenance (CAM) cost recoveries.
A common area maintenance cost per square metre of Maximum Permissible Built-Up Area of the Project on a monthly basis commencing from the COD until the expiry of the Term or the termination of the Agreement, whichever is earlier (the “ Common Area Maintenance Charge”).
The Licensee shall also be required to pay Common Area Maintenance Fees for the respective property Business space allotted to him.
The Tenant shall be required to pay the following prorated property expenses: (check all that apply) - Real Estate Taxes - Property Insurance - Common Area Maintenance (CAMs) - Other.
Common Area Maintenance - The annual expense paid by tenant to maintain common areas that are not designed for lease, e.g., parking, sidewalks, landscaped areas, hallways, public restrooms, etc.
More Definitions of Common Area Maintenance
Common Area Maintenance means the common area maintenance to be provided by Lessor with respect to the areas of the Property that are not a part of the Demised Premises or in space for the exclusive use and occupancy of Another Lessee.
Common Area Maintenance. All expenses and costs arising out of or related to the operating, equipping, lighting, painting, cleaning, repairing, replacing, resurfacing, paving, repaving, and maintaining the Common Area and all portions and components thereof, including, without limitation, (i) the roof of the Premises (including all roof repairs but excluding roof replacement), (ii) the Common Area (including without limitation, the driveways, sidewalks and parking lot), including, without limitation, landscaping (including, without limitation, irrigating, fertilizing, mulching, strawing, planting, replanting and replacing flowers, trees, shrubs and grass), (iii) repairing or maintaining Utilities, and lighting, traffic control, sanitary assessments and services, removal of snow, trash, rubbish, garbage and other refuse, security services, pest control, depreciation and rental fees for machinery or other equipment with respect to such maintenance, all costs for or associated with supplies, material and personnel to implement any of the foregoing. Subject to Special Stipulation 2. [***], Premier Exhibitions, Inc. – 9/12/11
Common Area Maintenance. (CAM) shall mean Tenant's pro rata share of the cost to maintain, clean or repair the common areas and amenities of the Premises as set forth in Paragraph 7.
Common Area Maintenance or “CAM” shall mean the management, upkeep and maintenance of the Common Areas of the Project and includes but is not limited to cleaning/housekeeping, security, sanitation, upkeep of all common areas including any facilities/features required to be provided on account of the Environment Clearance provided by the Ministry of Environment and Forests. etc.
Common Area Maintenance. Charges: Lessee shall pay its pro rata share of the common area charges. Said charges are assessed by Lessor to pay for maintenance, repairs, and replacements, as necessary, to include, but not be limited to, the maintenance of common streets, drives, street lighting, landscaping, swale and berm maintenance, common area irrigation, fountains, walls, parking lot maintenance, refuse service, building exteriors and roofs, et cetera. The Lessees pro rata share of common area maintenance charges shall be computed by multiplying the total common area maintenance charges by a fraction, the numerator of which shall be the Lessees 7,616 square feet and the denominator of which shall be 7,616 (the total number of square feet of office buildings for which certificates of occupancy have been issued in the building). Payment shall be made monthly by Lessee within ten (10 ) days after Lessee receives notice from Lessor showing the sum due, which notice shall state in reasonable detail the manner in which Lessees share of common area maintenance is computed. Lessee has the obligation to pay for any partial month at the commencement and expiration or termination of the Lease Term.
Common Area Maintenance means any and all expenses incurred by Landlord in connection with the operation, maintenance and repair of the Project including, but not limited to, the following: charges or fees for, and taxes on, the furnishing of electricity, fuel, water, sewer, gas oil and other utilities; (at Landlord's sole discretion) security; pest control; cleaning of exterior windows and exterior curtain walls; janitorial services for common area; trash and snow removal; landscaping and repair and maintenance of grounds; salaries, wages, and benefits for employees of Landlord engaged in the operation, maintenance or repair of the Project including benefits, payroll taxes and worker's compensation insurance; license fees and governmental permits; casualty and liability insurance; cleaning supplies; legal fees and costs relating to the operation, repair or maintenance of the Project or incurred in order to reduce Common
Common Area Maintenance shall not include any of the following: cost of capital improvements, except as mentioned above; expenses for painting, redecorating, or other work which Landlord performs for any tenant in the Project, the expense of which is paid by such tenant; interest, amortization, or other payments on loans to Landlord, whether secured or unsecured; depreciation of the Project or other said improvements; ground rent; leasing commissions; salaries, wages or other compensation paid to officers or executives of Landlord; and income, excess profits, or franchise taxes or other such taxes imposed on or measured by the income of the Landlord from the operation of the Project.