Basic Operating Costs. (a) Basic Operating Costs shall mean all expenses and costs (but not specific costs which are separately billed to and paid by particular tenants of the Building) of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the management, ownership, maintenance, repair, replacement, preservation and operation of the Leased Premises, the Building, the Project and its supporting facilities directly servicing the Building and/or the Project (determined in accordance with generally accepted accounting principles, consistently applied) including, but not limited to, the following:
Basic Operating Costs. Section 3.5(a)(11) of the Lease shall be deleted and replaced with the following:
Basic Operating Costs. (a) In addition to Base Rental, Tenant shall pay to Landlord all the electricity consumed on the Premises during the Lease Term (as determined by pro-rata share of space or a separate meter to be placed in the Premises as part of the Tenant Improvements). Each month, Landlord shall deliver to Tenant a statement showing the cost of the electricity consumed on the Premises by Tenant for the preceding calendar month and Tenant shall pay such statement promptly (but in no event less than ten (10) days) after Tenant’s receipt of such statement.
Basic Operating Costs. See Addendum 5 * In the event that the building is not fully occupied during any fiscal year of the Term as determined by Landlord, an adjustment shall be made in computing the Basic Operating Cost for such year so that Basic Operating Cost shall be computed as though the building had been one hundred percent (100%) occupied; provided, however, that in no event shall Landlord be entitled to collect in excess of one hundred percent (100%) of the Total Basic Operating Cost from all of the tenants in the Building including Tenant. All costs and expenses shall be determined in accordance with generally accepted accounting principles which shall be consistently applied. Basic Operating Cost shall not include specific costs incurred for the account of, separately billed to and paid by specific tenants. Notwithstanding anything herein to the contrary, any instance wherein Landlord, at Landlord's fair and reasonable discretion, deems Tenant to be responsible for any amounts greater than its Proportionate Share, Landlord shall have the right to allocate costs in any manner Landlord deems appropriate.
Basic Operating Costs. 3 7. Late Payments; Dishonored Checks ............................................ 9
Basic Operating Costs. (a) In addition to the Base Rental, Tenant shall also pay Tenant's Share of the amount, if any, by which the Basic Operating Costs during any calendar year of the Lease Term exceed the Base Amount. Prior to the commencement of the Lease Term, and prior to the commencement of each calendar year during the Lease Term, Landlord may, at its option, provide Tenant with a then current estimate of Basic Operating Costs for the upcoming calendar year, and thereafter Tenant shall pay, as additional rental, in monthly installments in accordance with Section 5, one-twelfth (1/12th) of Tenant's Share of the difference between Landlord's estimate of the Basic Operating Costs for the calendar year in question and the Base Amount. The failure of Landlord to estimate Basic Operating Costs and bill Xxxant on a monthly basis shall in no event relieve Tenant of its obligation to pay the Tenant's Share of increases over the Base Amount. If the Building is not at least ninety-five percent (95%) occupied during any year of the Lease Term (including the calendar year in which the Lease Term commences), those Basic Operating Costs which actually vary with occupancy in the Building shall be "grossed up" by increasing such variable components of Basic Operating Costs to the amount which Landlord reasonably projects would have been incurred had the Building been ninety-five percent (95%) occupied during such year, such amount to be annualized for any partial year.
Basic Operating Costs. For the period commencing on the Extension Date and ending on the Extended Termination Date, Tenant shall pay for all additional rent payable under the Lease, including Tenant’s Proportionate Share of Basic Operating Costs, in accordance with the terms of the Lease.
Basic Operating Costs. Tenant shall continue paying Basic Operating Costs as provided under the Existing Lease through June 30, 2011. Commencing on July 1, 2011, those items and services listed on Exhibit A attached hereto shall be excluded from the Basic Operating Costs payable by Tenant with respect to the Premises. Also, Landlord shall reimburse Tenant $19,500 each month for the months of May 2011 and June 2011 only for Basic Operating Costs paid by Tenant for the Premises (each, a “Reimbursement Payment”). Landlord shall deliver the first Reimbursement Payment to Tenant on or before June 30, 2011, and shall deliver the second Reimbursement to payment to Tenant on or before July 31, 2011.
Basic Operating Costs. Section 5.1 Building - Section 1.1
Basic Operating Costs. In addition to the Base Rent required to be paid hereunder, Tenant shall pay as additional Rent Tenant's Proportionate Share of Basic Operating Charges (such amount to be referred to herein as "Basic Operating Costs"). "Basic Operating Charges" shall mean all expenses and costs of every kind and nature which Landlord shall pay or become obligated to pay, or would be required to pay if the Project were fully occupied because of or in connection with the management, maintenance, preservation and operation of the Project and its supporting facilities servicing the Project (determined in accordance with generally accepted accounting principles, consistently applied as determined by Landlord) including, but not limited to, the following:
