Base Operating Factor Sample Clauses
Base Operating Factor. An amount equal to fifty (50%) percent of the sum of: (i) the Operating Expenses for the 2014 calendar year, and (ii) the Operating Expenses for the 2015 calendar year, subject to adjustment pursuant to the provisions of Subsection 3E(v) hereof. The average of the 2014 and 2015 Operating Years are referred to herein as the “Base Operating Year”.
Base Operating Factor. The Operating Expenses paid or incurred with respect to the Operating Year beginning January 1, 2010.
Base Operating Factor. 6th and 10th Floors The Operating Expenses paid or incurred with respect to the Operating Year beginning January 1, 2006 and ending on December 31, 2006. 2nd through 5th Floors, 11th and 12th Floors The Operating Expenses paid or incurred with respect to the Operating Year beginning January 1, 2011 and ending on December 31, 2011. 7th, 8th and 9th Floors The Operating Expenses paid or incurred with respect to the Operating Year beginning January 1, 2008 and ending on December 31, 2008.
Base Operating Factor. The Operating Expenses paid or incurred with respect to the Operating Year beginning January 1, 2030 and ending on December 31, 2030 (the “Base Operating Year”).