CAM Costs Sample Clauses

CAM Costs. Tenant shall be responsible for paying Tenant's Pro Rata Share of the annual common area operation and maintenance costs of the Property ("CAM Costs"). CAM Costs are all expenditures made by Landlord to operate and maintain the Property, including, but not limited to, utilities (electric, gas, water, and sewer), storm drainage and sewer charges, repairs, replacement costs (due to ordinary and extraordinary wear and tear or catastrophe), trash (to the extent there are common dumpsters) and snow/ice removal (including removal from parking areas, abutting roadways, and walkways), landscaping and lawn maintenance, painting, sign installation and maintenance, repair and replacement of utility systems, lighting, parking lot repairs and replacements, line painting, sprinkler system maintenance and repairs, costs related to any preventative maintenance agreement for HVAC units at the Property or the Premises, depreciation of machinery and equipment used in such repair and replacement, and cost of all personnel to implement such services. The foregoing list of items is provided for illustrative purposes only and shall not be deemed a full, complete, or exhaustive list of all possible CAM Costs. Notwithstanding the foregoing, in the event any utilities are separately metered to the Premises or the Building, Tenant may be separately billed therefor.
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CAM Costs. Tenant shall pay to Landlord, as additional rent, an additional payment on the first day of each month occurring during the Term hereof one-twelfth (1/12) of the amount of common area maintenance costs, but only to the extent actually incurred by Landlord and not Tenant (the “CAM Costs”), for each twelve (12) month period. The CAM Costs are intended to reimburse Landlord with Tenant’s allocable share of certain costs related to the Premises (specifically on a per Phase basis), the Lot (specifically on a per lot basis applicable to each Phase), and the Common Areas of the Park as hereinafter set forth, and shall include the following (except as provided in Section 5.1 below): (i) maintenance of watertight integrity of the roof, exterior walls, windows and skylights of the Building, (ii) monthly payment of the annual charge-off of any Permitted Capital Expenditure (as defined below); (iii) insurance premiums pursuant to Section 5.1.6; and (iv) liability insurance costs for the Common Areas of the Park. If during the Term Landlord makes an expenditure for a capital repair, replacement or improvement to the Building or Lot which is permitted to be included in CAM Costs, whether by installing energy conservation or labor-saving devices or by making other repairs, replacements or improvements (i) to comply with Legal Requirements first enacted after the Term Commencement Date, or (ii) in good faith on the basis of engineering estimates to reduce CAM Charges to the same (the foregoing collectively called, the “Permitted Capital Expenditures”), the total amount of which is not properly includible in CAM Costs for the Fiscal Year in which they were made, there shall nevertheless be included in such Fiscal Year’s CAM Costs and in CAM Costs for each succeeding Fiscal Year the annual charge-off of such Capital Expenditure (which shall be determined by amortizing the cost of such Capital Expenditure, on a straight-line basis, over the number of years of useful life of such Capital Expenditure as determined in accordance with generally accepted accounting principles (“GAAP”) in effect at the time of making such Capital Expenditure), but in the case of a Permitted Capital Expenditure described in clause (ii), Tenant shall have first approved in writing the Permitted Capital Expenditure, which approval shall not be unreasonably withheld, delayed or conditioned, and the amount included in the CAM Costs for any Fiscal Year shall not exceed the annualized savings resulting f...
Sample 1
CAM Costs. Tenant shall be responsible for paying Tenant’s Pro Rata Share of the annual common area operation and maintenance costs of the Property (“CAM Costs”). CAM Costs are all expenditures made by Landlord to operate and maintain the Property , including, but not limited to, utilities (electric, gas, water , and sewer), repairs, replacement costs (due to ordinary and extraordinary wear and tear or catastrophe), trash and snow/ice removal (including removal from parking areas, abutting roadways, and walkways), landscaping and lawn maintenance, painting, sign installation and maintenance, repair and replacement of utility systems, depreciation of machinery and equipment used in such repair and replacement, and cost of all personnel to implement such services.The foregoing list of items is provided for illustrative purposes only and shall not be deemed a full, complete, or exhaustive list of all possible CAM Costs.
Sample 1
CAM Costs. During the term of this Lease, subject to the exclusions listed below, the Postal Service hereby agrees to pay as additional rent its pro rata share (as set forth below) of the reasonable costs and expenses incurred by Landlord in the operation and maintenance of the Common Areas and in a manner consistent with other comparable developments located in the vicinity of the property in which the premises is located (the “Property”), including those for cleaning, electricity for lighting, snow removal, trash removal, landscaping, property management and insurance (“CAM Costs”). The term “Common Areas” is defined to mean that part of the Property intended for the common use of all tenants, including parking areas, loading areas, sidewalks, public restrooms, and the like but excluding (i) space in buildings (now or hereinafter existing) designated for rental for commercial purposes, (ii) streets and alleys maintained by a public authority, (iii) areas not owned by Landlord, and (iv) areas leased to a single-purpose retailer where access is restricted. b.
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CAM Costs. 4 (p) Taxes ....................................................... 4 (q) Intentionally Omitted ....................................... 4 (r) Utility Services and Charges ................................ 4 (s) Tenant's Trade Name ......................................... 4 (t)
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CAM Costs. (A) Subject to the remainder of this Section 11.4, "
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CAM Costs. 7 ARTICLE VIII TAXES.......................................................................... 11 ARTICLE IX PARKING........................................................................ 13
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CAM Costs. As defined in Section 7.2.
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CAM Costs. 3 (p) Taxes ......................................................... 3 (q)
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Related to CAM Costs

  • Operating Costs The Assuming Institution agrees, during its period of use of any Leased Data Management Equipment, to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of any existing Leased Data Management Equipment leases entered into by the Failed Bank, including without limitation the timely payment of all rent, taxes, fees, charges, maintenance, utilities, insurance and assessments.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Operating Expenses Unless modified in accordance with Exhibit D, Landlord maintenance addendum, attached hereto, it is the intention of the parties and they hereby agree that this shall be a triple net Lease, and the Landlord shall have no obligation to provide any services, perform any acts or pay any expenses, charges, obligations or costs of any kind whatsoever with respect to the Premises, and Tenant hereby agrees to pay one hundred percent (100%) of any and all Operating Expenses as hereafter defined for the entire term of the Lease and any extensions thereof in accordance with specific provisions hereinafter set forth. The term Operating expenses shall include all costs to Landlord of operating and maintaining the Building and related parking areas, and shall include, without limitation, real estate and personal property taxes and assessments, management fee, heating, electricity, water, waste disposal, sewage, operating materials and supplies, service agreements and charges, lawn care, snow removal, restriping, repairs, repaving, cleaning and custodial, security, insurance, the cost of contesting the validity or applicability of any governmental acts which may affect operating expenses, and all other direct operating costs of operating and maintaining the Building and related parking areas, unless expressly excluded from operating expenses. Notwithstanding the foregoing, operating costs (and Tenant's obligations in relation thereto) shall not include (i) any expense chargeable to a capital account or capital improvement, ground leases; principal or interest payments on any mortgage or deed of trust on the premises; (ii) any amount for which Landlord is reimbursed through insurance, by third persons, or directly by other tenants of the premises, (iii) repair costs occasioned by fire, windstorm or other casualty, (iv) any construction, repair or maintenance expenses or obligations that are the sole responsibility of Landlord (not to be reimbursed by Tenant), (v) leasing commissions and other expenses incurred in connection with leasing any other area located on the premises to any other party, (vi) any expense representing an amount paid to an affiliate or subsidiary of Landlord which is in excess of the amount which would be paid in the absence of such relationship, and (vii) costs of items and services for which Tenant reimburses Landlord or pays third persons directly.

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