Common Area Charge. Tenant agrees to pay, as additional rental, a Common Area Charge equal to Tenant’s pro rata share of the Common Area Expenses. The Common Area Expenses shall include all of Landlord’s direct or indirect cost (including amortization, with interest at Landlord’s cost of funds, of capital expenditures, but only those incurred to comply with laws enacted after the Commencement Date or reasonably intended to materially reduce other Common Area Expenses; such amortization shall be over the useful life of the item in question) for operating, administering, managing, maintaining, repairing, protecting, conserving, replacing and improving (subject to the limitations set forth herein) the Center and all installations and facilities within the Center, other than those costs payable by a specific tenant of the Center pursuant to said tenant’s lease. Without limitation of the generality of the foregoing, Landlord’s cost shall include, but not to be limited to the following: lighting, cleaning, removing snow and ice from, painting, draining, insuring, securing, protecting, repairing, maintaining and replacing (to the extent permissible hereunder) installations, facilities, devices and systems within the Center (but any capital expenditures in connection therewith shall be subject to the first sentence above), taxes, wages, benefits and other expenses related to the Center, and a management fee not to exceed an amount equal to five percent (5%) of the total of gross rental revenues from the Center, excluding real estate taxes and such management fee. Tenant’s pro rata share of Landlord’s cost shall be based on the ratio which the total square feet of floor space of the Premises, including mezzanines, if any, bears to the total square feet of rentable floor space of all of the buildings in the Center, including mezzanines, but in no event less than 27,500 square feet. Landlord may adopt and change, from time to time, any reasonable method of computing or allocating the Common Area Expenses which is consistent with the above. Landlord may estimate Tenant’s Common Area Charges from time to time in which case Tenant shall pay said estimated Charges at such intervals as Landlord may direct. Any change in said estimate shall become effective thirty (30) days after written notice from Landlord of its determination under the provisions hereof. If the total amount paid by Tenant under this Article, for any calendar year during the term of this Lease, shall be less than the actual...
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. 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. (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. In the event that the Tenants shares a Common Area, Landlord may deduct from each Tenants Security Deposit in the Student Housing Project 100% (each Tenant in the SHP is responsible for an equal amount of the charge) of the repair 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 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. (a) From and after the Rent Commencement Date, TENANT agrees to pay to LANDLORD as its "Common Area Charge," a proportionate share of the total cost and expense of (i) operating and maintaining the Common Areas on the Developer Parcel; (ii) operating and maintaining the Service Areas; (iii) operating and maintaining Shopping Center signs, whether on or off the Developer Parcel; (iv) operating and maintaining Common Utilities; (v) providing security for Common Areas on the Developer Parcel and all Service Areas; and (vi) providing on-and-off-site traffic control. Such cost and expense shall include, but not limited to: costs of management, operating, cleaning, maintaining, repairing, substituting and replacing Common Area, Service Area and Common Utility improvements (except to the extent proceeds of insurance or condemnation awards are available therefor); alterations or improvements required by governmental laws, rules or regulations not promulgated or applicable when originally constructed or installed; lighting, heating, ventilating and air conditioning; snow removal; striping, painting, replanting and maintaining landscaping; supplying music to the Enclosed Mall; all costs and expenses of providing trash removal, transportation, storage or processing services; providing commercial general liability, property damage, fire and extended coverage insurance and other insurance as LANDLORD deems appropriate; obtaining and providing public transportation or shuttle bus service to transport customers or employees on or off the Shopping Center; total compensation and benefits (including premiums for workers' compensation and other insurance) paid to or on behalf of employees; personal property taxes; supplies; fire protection and fire hydrant charges; water, sewer and runoff charges or fees; utility charges; license and permit fees; parking area surcharges or levies; reasonable depreciation of equipment used in operating and maintaining the Common Areas and Service Areas including an energy management system, if any, and rent paid for the leasing of any such equipment; and, for LANDLORD'S administrative costs with respect thereto, an amount equal to fifteen percent (15%) of the total cost and expense of all the foregoing items. To the extent that any utility services used in connection with Common Areas and Service Areas shall not be separately metered and billed by the local serving utility, LANDLORD shall provide submeters for such service and shall include w...
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. INCLUDED IN FIXED MINIMUM RENT
(i) Commencing on , and continuing thereafter until the Lease is terminated on , 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 Rnet.
(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:
