Common use of Calculation and Payment of Additional Rent Clause in Contracts

Calculation and Payment of Additional Rent. With respect to Operating Expenses, if for any Expense Year ending or commencing within the Lease Term, Tenant’s Share of Operating Expenses for such Expense Year exceeds the annualized amount of Tenant’s Share of Operating Expenses applicable to the Base Year, then Tenant shall pay to Landlord, in the manner set forth in SECTIONS 4.4.1 AND 4.4.2, below, and as Additional Rent, an amount equal to the excess (the “OE EXCESS”). With respect to Tax Expenses, if for any Tax Year ending or commencing within the Lease Term, Tenant’s Share of Tax Expenses for such Tax Year exceeds the annualized amount of Tenant’s Share of Tax Expenses applicable to the Base Year, then Tenant shall pay to Landlord, in the manner set forth in SECTIONS 4.4.1 AND 4.4.2, below, and as Additional Rent, an amount equal to the excess (the “TAX EXCESS”). The OE Excess plus the Tax Excess are sometimes referred to herein collectively as the “EXCESS”.

Calculation and Payment of Additional Rent. With respect to Operating Expenses, if for any Expense Year ending or commencing within the Lease Term, Tenant’s Share of Operating Expenses for such Expense Year exceeds the annualized amount of Tenant’s Share of Operating Expenses applicable to the Base Year, then Tenant shall pay to Landlord, in the manner set forth in SECTIONS Sections 4.4.1 AND and 4.4.2, below, and as Additional Rent, an amount equal to the excess (the “OE EXCESSExcess”). With respect to Tax Expenses, if for any Tax Year ending or commencing within the Lease Term, Tenant’s Share of Tax Expenses for such Tax Year exceeds the annualized amount of Tenant’s Share of Tax Expenses applicable to the Base Year, then Tenant shall pay to Landlord, in the manner set forth in SECTIONS Sections 4.4.1 AND and 4.4.2, below, and as Additional Rent, an amount equal to the excess (the “TAX EXCESSTax Excess”). The OE Excess plus the Tax Excess are sometimes referred to herein collectively as the “EXCESSExcess.”.

Calculation and Payment of Additional Rent. With respect to Operating Expenses, if for any Expense Year ending or commencing within the Lease Term, Tenant’s 's Share of Operating Expenses for such Expense Year exceeds the annualized amount of Tenant’s 's Share of Operating Expenses applicable to the Base Year, then Tenant shall pay to Landlord, in the manner set forth in SECTIONS 4.4.1 AND 4.4.2, below, and as Additional Rent, an amount equal to the excess (the “"OE EXCESS”"). With respect to Tax Expenses, if for any Tax Year ending or commencing within the Lease Term, Tenant’s 's Share of Tax Expenses for such Tax Year exceeds the annualized amount of Tenant’s 's Share of Tax Expenses applicable to the Base Year, then Tenant shall pay to Landlord, in the manner set forth in SECTIONS 4.4.1 AND 4.4.2, below, and as Additional Rent, an amount equal to the excess (the “"TAX EXCESS”"). The OE Excess plus the Tax Excess are sometimes referred to herein collectively as the “"EXCESS”".