Calculation of Excess. If Direct Expenses for any Expense Year (other than the Base Year) ending or beginning within the Lease Term exceeds the amount of Direct Expenses applicable to the Base Year, Tenant shall pay as Additional Rent to Landlord an amount equal to Tenant’s Share of that excess, in the manner stated below.
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Samples: Modified Gross Office Lease, Lease Agreement (BeautyKind Holdings, Inc.), Modified Gross Office Lease (Bumble Bee Capital Corp.)
Calculation of Excess. If Direct Operating Expenses for any Expense Year (other than the Base Year) ending or beginning within the Lease Term exceeds the amount of Direct Operating Expenses applicable to the Base Year, Tenant shall pay as Additional Rent to Landlord an amount equal to Tenant’s Share of that excess, in the manner stated below.
Appears in 4 contracts
Samples: Office Lease Agreement (Evoke Pharma Inc), Office Lease Agreement (Adamis Pharmaceuticals Corp), Office Lease Agreement (Adamis Pharmaceuticals Corp)
Calculation of Excess. If Direct Expenses for any Expense Year (other than the Base Year) ending or beginning within the Lease Term exceeds the amount of Direct Expenses applicable to the Base Year, Tenant shall pay as Additional Rent to Landlord an amount equal to Tenant’s 's Share of that excess, in the manner stated below.
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Samples: Modified Gross Office Lease (Bridgepoint Education Inc)
Calculation of Excess. If Direct Expenses Tenant’s Share of Operating Costs for any Expense Year (other than the Base Year) ending or beginning within the Lease Term exceeds Tenant’s Share of the amount of Direct Expenses Operating Costs applicable to the Base Year, Tenant shall pay as Additional Rent to Landlord an amount equal to Tenant’s Share of that excessexcess (“Excess”), in the manner stated in subparagraph(2) below.
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Calculation of Excess. If Direct Operating Expenses for any Expense Year (other than the Base Year) ending or beginning within the Lease Term exceeds the amount of Direct Operating Expenses applicable to the Base Year, Tenant shall pay as Additional Rent to Landlord an amount equal to Tenant’s Share of that excess, in the manner stated below.
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Calculation of Excess. If Direct Operating Expenses for any Expense Year (other than occurring after the Base Year) ending or beginning within the Lease Term Year exceeds the amount of Direct Operating Expenses applicable to the Base Year, Tenant shall pay as Additional Rent to Landlord an amount equal to Tenant’s Share of that excess, in the manner stated below.
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