Common use of Administrative Charge Clause in Contracts

Administrative Charge. In addition to Fixed Rent, Adjustments and other charges hereunder, Tenant shall pay to Landlord an overall administrative charge of five percent (5%) of any charge which is Tenant's responsibility to pay, which Landlord pays on behalf of Tenant and for which Landlord subsequently bills Tenant.

Appears in 5 contracts

Samples: Industrial Lease (Action Performance Companies Inc), Multi Tenancy Industrial Lease (Pegasus Solutions Inc), Lease Agreement (New Directions Manufacturing Inc)

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Administrative Charge. In addition to Fixed Rent, Adjustments and other charges hereunder, Tenant shall pay to Landlord an overall administrative charge of five percent (5%) of any charge which is Tenant's responsibility to pay, is not paid by Tenant as required hereunder, and which Landlord pays on behalf of Tenant and for which Landlord subsequently bills Tenant.

Appears in 1 contract

Samples: Industrial Lease (Catalytica Energy Systems Inc)

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