Common Area Charge Sample Clauses

Common Area Charge. The Premises to be demised are located within an office/industrial park known as Forsgate Industrial Complex. Landlord, from time to time, will incur various expenses to maintain the Park for the benefit of all tenants. The Tenant shall pay three percent (3.0%) ("Tenant's Share") of the total costs and expenses incurred by Landlord in maintaining certain areas of the Park for items as follows: (i) the cost of maintaining Park signs and tenant directories; (ii) the cost of water, electricity and other utilities used in connection with the operation and maintenance of the Park and not part of any area demised to a tenant; (iii) the cost of insurance, including general liability insurance, which is carried by Landlord and is usual and customary under the circumstances; (iv) other costs reasonably incurred by Landlord to maintain the Park or costs incurred for services benefiting all tenants or occupants of the Park which, in the reasonable opinion of Landlord, are a service desirable to operate the Park. The cost of maintaining common facilities used by all tenants, such as common grass areas, boulevard dividers, curbing and lighting. Tenant shall pay to the Landlord as an additional charge, annually, Tenant's Share of such common Park expenses for each calendar year. At the end of each calendar year, Landlord shall furnish Tenant with a statement called "Landlord's Expense Statement" setting forth in reasonable detail the common area Complex expenses for such calendar year. Tenant's share of such charges shall not exceed, on an annual basis, FIVE THOUSAND TWO HUNDRED FIFTY and NO/100 Dollars ($5,250.00), such sum adjusted to be increased per annum by the percentage increase, if any, of the cost of living from January 1, 1996 to December 31 of the year for which the xxxx is rendered by Landlord to Tenant. The cost of living increase shall be measured by the Consumer Price Index for "All Items", the "Index" issued by the U.S. Department of Labor. In the event the Index is no longer issued or available or commonly used at the time a determination is to be made, the Landlord shall designate another index or criteria which will accurately reflect the increase in the cost of living which has occurred for the time period so to be determined. Tenant's Share of common area charges for Forsgate Industrial Complex, which shall become payable by Tenant during the calendar year in which this Lease commences or ends, shall be apportioned between Landlord and Tenant in acc...

Common Area Charge. All Taxes which are levied or assessed or which become a lien upon any portion of the Project or which become due or accrue during the Lease Term shall be a Common Area Charge, and Tenant shall pay as Additional Rent each month during the Lease Term 1/12th of its annual share of such Taxes, based on Landlord’s estimate thereof, pursuant to Paragraph 12 below. Tenant’s share of Taxes during any partial tax fiscal year(s) within the Lease Term shall be prorated according to the ratio which the number of days during the Lease Term or of actual occupancy of the Premises by Tenant, whichever is greater, during such year bears to 365.

Common Area Charge. The cost associated with the operation and maintenance of the Common Area(s). As a Gross Lease, this cost is paid by Landlord under this Lease, and is included in the monthly rate specified is Section 4.02 of this Lease.

Common Area Charge. (i) Commencing on February 1st, 2014 and continuing thereafter until this Lease is terminated on January 31st, TBD???, Tenant shall also pay to Landlord, without any offset or deduction whatsoever, an amount equal to Tenant’s annual Pro Rata Share (as defined below) of the Common Costs (as defined below) (which amount shall herein be called “Common Area Charge”), and which amount shall be paid in twelve (12) equal monthly installments paid concurrently with each payment of the Fixed Minimum Rent. (ii) The Common Area Charge shall be an additional part of the rent reserved under this Lease. (iii) As used in this Lease, the following definitions shall apply:

Common Area Charge. Tenant agrees to pay the sum of $36 each month to defray the cost of maintaining the common areas of the Park.

Common Area Charge. All Taxes which are levied or assessed or which become a lien upon any portion of the Project or which become due or accrue during the Lease Term shall be a Common Area Charge, and Tenant shall pay as Additional Rent each month during the Lease Term 1/12th of the Tenant’s percentage share of the annual amount of such Taxes, based on Landlord’s estimate thereof, pursuant to Paragraph 11 below. Tenant’s share of Taxes during any partial tax fiscal year(s) within the Lease Term shall be prorated according to the ratio which the number of days during the Lease Term during such year bears to 365.

Common Area Charge. Throughout the term of this Lease, Tenant shall pay to Landlord, as a "Common Area Charge", Tenant's share of all costs and expenses of every kind and nature paid or incurred by Landlord in (a) operating, maintaining, refurbishing, replacing, improving, repairing and lighting the Common Areas located in the shopping center which are available for use in common by occupants of the shopping center and/or their customers and invitees, (b) operating, maintaining, refurbishing, repairing, replacing (the yearly depreciation for any replacement costs shall be chargeable to tenants), improving and lighting the service areas, garbage and refuse disposal facilities, shopping center maintenance and storage room, loading area and all other areas and facilities located in the shopping center which are used in the maintenance and operation of the shopping center, (c) operating, maintaining, repairing, replacing (the yearly depreciation for any replacement costs shall be chargeable to tenants) and improving the shopping center signs and (d) providing security and on- and off-site traffic control. Such expenses shall include, but not be limited to costs of on-site management and supervision, cleaning, refurbishing, repairing, maintaining, replacing (the yearly depreciation for any replacement costs shall be chargeable to tenants) and improving (but less the amount of any insurance proceeds, or condemnation awards), lighting, snow and ice removal and control, line painting, landscaping, providing security, providing public liability, property damage, fire and extended coverage on the common facilities and such other insurance as Landlord deems appropriate, total compensation and benefits (including premiums for worker's compensation and other insurance) paid to or on behalf of on-site employees; personal property taxes; supplies, fire protection and fire hydrant charges; water and sewer charges, utility charges, licenses and permit fees; parking area surcharges or levies, reasonable depreciation of equipment used in operating, maintaining, refurbishing, repairing, replacing and improving the Common Areas and service areas and rent paid for the leasing of any such equipment, and administrative charges equal to fifteen percent (15%) of the total of all the foregoing items for Landlord's overhead expenses in administrating the Common Areas and facilities and service areas. Provided however, that as to the replacement or installation of capital items in or on the common and se...

Common Area Charge. In the event that Tenants share a Common Area, Landlord may deduct from each Tenant in the Student Housing Project _% (each Tenant in the SHP is responsible for an equal amount of the charge) of the cost to put the common area back in the same condition as it was at the inception of the tenancy, less normal wear and tear.

Common Area Charge. All of the charges which constitute a common area charge shall be totaled each month, and the sum of such total shall be paid by the owners according to their proportional ownership of the total amount of square footage within the buildings constituting the Whitman Way Professional Center, xxxxx is as follows: OWNER OF BUILDING #1 2820 sq. feet 13% OWNER OF BUILDING #2 3108 sq. feet. 14% OWNER OF BUILDING #3 2810 sq. feet 13% OWNER OF BUILDING #4 3712 sq. feet 17% OWNER OF BUILDING #5 9338 sq. feet 43%

Common Area Charge. All costs and expenses of every kind and nature paid or incurred by the Landlord in (a) operating, maintaining, managing, expanding, renovating and improving the Common Areas, (b) operating, maintaining, expanding, renovating and improving the Common Areas, (c) operating and maintaining Shopping Center signs, whether on or off the Shopping Center, and (d) providing on and off-site traffic control. Such costs and expenses shall include, but not be limited to, costs of property management, cleaning, repairing and replacing (except to the extent proceeds of insurance or condemnation awards are available); lighting,; snow removal, trash removal, parking areas resurfacing and line painting, landscaping; providing security; supplying music to the Common Areas; providing public liability, property damage, fire, and extended coverage and such other insurance as the Landlord deems appropriate; total compensation and benefits (including premiums for workmen's compensation and other insurance) paid to or on behalf of employees; personal property taxes; supplies; fire protection and fire hydrant charges; water and sewer charges; utility charges; licenses and permit fees; parking area surcharges or levies; reasonable depreciation of equipment used in operating and maintaining the Common Areas and Service Areas and rent paid for the leasing of any such equipment; and to the extent not set forth above, administrative and management cost equal to ten percent (10%) of the total cost and expense of all the foregoing items.