Common Area Expenses Clause Samples

Common Area Expenses. The term “

Common Area Expenses. In the event the demised premises are situated in a shopping center or in a commercial building in which there are common areas, Lessee agrees to pay his pro-rata share of maintenance, taxes, and insurance for the common area.

Common Area Expenses. In the event the Real Property is situated in a shopping center, a commercial building or other complex in which there are common areas, Tenant agrees to pay Tenant’s pro-rata share of maintenance, taxes, and insurance for the common area. All such obligations of Tenant hereafter shall be added to and become a part of the rent paid under this Lease.

Common Area Expenses. The term "Common Area Expenses", as used in this Lease, shall mean all costs and expenses incurred by Landlord in (a) operating, managing, policing, insuring, repairing and maintaining the Common Area and the onsite management and/or security offices, merchants' association offices, postal services, parking structures, if any, nonprofit community buildings and child care centers located in the Shopping Center from time to time ("Common Facilities"), (b) maintaining, repairing and replacing the exterior surface of exterior walls (and storefronts and storefront awnings if Landlord has elected to include the cleaning of same as part of Common Area maintenance) and maintaining, repairing and replacing roofs of the buildings from time to time constituting the Shopping Center, and (c) operating, insuring (including reasonable reserves for deductibles and any self-insured retention), repairing, replacing and maintaining all utility facilities and systems including, without limitation, sanitary sewer lines and systems, fire protection lines and systems, security lines and systems and storm drainage lines and systems not exclusively serving the premises of any tenant or store ("Common Utility Facilities"), mall furniture and equipment, seasonal and holiday decorations, Common Area lighting fixtures, Shopping Center sign monuments and directional signage. Common Area Expenses shall include, without limitation, the following: Expenses for maintenance, landscaping, repaving, resurfacing, repairs, replacements, painting, lighting, cleaning, trash removal, security, fire protection and similar items; nonrefundable contributions toward reserves for replacements other than equipment; depreciation or rental on equipment; charges, surcharges and other levies related to the requirements of any Federal, state or local governmental agency; expenses related to the Common Utility Facilities; Taxes on the improvements and land comprising the Common Area; public liability and property damage insurance on the Common Area; standard "all risks" fire and extended coverage insurance with, at Landlord's option, an earthquake damage endorsement covering the Common Facilities; Tenant's reasonably allocated share of the costs of the maintenance and operation of the Shared Parking Areas; and a sum payable to Landlord for administration and overhead in an amount equal to [***] of the Common Area Expenses for the applicable year. Specifically excluded from the Common Area Expenses are "Food C...

Common Area Expenses. In the event demised premises are situated in a shopping center or in a commercial building in which there are common areas, Tenant agrees to pay his pro-rata share of maintenance, taxes, and insurance for the common area.

Common Area Expenses. Section 4.2(a) Common Area Expenses is hereby amended as follows: The following are excluded from common Area expenses: (i) depreciation, principal, interest, and fees on mortgages or ground lease payments, (ii) legal fees incurred in negotiating and enforcing tenant leases, disputes with other tenants, (iii) real estate brokers’ leasing commissions and advertising costs in connection with leasing space in the Building (iv) expenses that relate to leasing space in the Project (including, without limitation, the cost of tenant improvements (or allowances that Lessor provides to a lessee therefor), the cost of performing improvements to prepare a particular portion of the Project for occupancy by a lessee, the cost of rent concessions, advertising expenses, leasing commissions and the cost of lease buy-outs), (v) the cost of providing any service directly to and paid directly by a single individual lessee, or costs incurred for the benefit of a single lessee, (vi) costs of any items to the extent Lessor actually receives reimbursement therefor from insurance proceeds, under warranties, or from a lessee or other third party (such costs shall be excluded or deducted – as appropriate – from Common Area Expenses in the year in which the reimbursement is received), or which are paid out of reserves previously included in Common Area Expenses, (vii) costs incurred due to Lessor’s breach of a law or ordinance, (viii) repairs necessitated by the gross negligence or willful misconduct of Lessor or Lessor’s employees, agents, or contractors, (ix) other than those specifically included in the definition of Common Area Expenses, the cost of any repairs, replacements or improvements to the Project that are required to be capitalized under GAAP (including, without limitation, lease obligations that are required to be capitalized under GAAP) (x) charitable or political contributions and membership fees or other payments to trade organizations, (xi) costs of Lessor’s Work which are to be borne by Lessor pursuant to this Lease (xii) rent and similar charges for Lessor’s on-site management office and/or leasing office or any other offices of Lessor or its affiliates, (xiii) Lessor’s general overhead expenses not related to the Project, (xiv) Lessor’s costs of any services provided to lessees or other occupants for which L▇▇▇▇▇ is actually reimbursed by such lessees or other occupants (other than reimbursement through Common Area Expenses) as an additional charge or rental ove...

Common Area Expenses. The expenses incurred by Landlord in connection with the maintenance, repair and replacement of the common areas and the maintenance, repair and replacement of the roofs, exterior walls, structural parts and structural floor of the buildings located within Landlord's property and pipes and conduits outside the various Premises of Tenants of Landlord's property for furnishing to the Premises various utilities (except to the extent that the same are the obligation of the appropriate public utility company) shall be referred to as "common area expenses". Common area expenses shall be apportioned among the various occupants as set forth in Definitions and Basic Provisions (k). Commencing when Tenant first delivers to Landlord the Tenant-Executed Counterparts of this Lease and thereafter on the first day of each calendar month of the Lease Term, Tenant shall pay to Landlord one-twelfth (1/12th) of the amount estimated by Landlord to be Tenant's share of the total annual common area expenses for that calendar year or balance thereof. Landlord shall provide Tenant with the common area expense estimate in writing prior to collecting any amounts under this paragraph. Landlord may adjust the common area expenses charged to Tenant at the end of any calendar quarter on the basis of Landlord's experience and reasonably-anticipated costs. Within ninety (90) days following the end of each calendar year, Landlord shall furnish Tenant a statement covering the calendar year just expired, certified as correct by an authorized representative of Landlord and prepared in accordance with generally accepted accounting principles showing the total common area expenses for the preceding calendar year, the amount of Tenant's share of such common area expenses, and payments made by Tenant with respect to the calendar year. Tenant shall have the right to audit the common area expense statements at its sole expense. In the event that Tenant's audit discovers a variance of more than ten percent (10%), Landlord shall be responsible for the expense of such audit. If Tenant's share of the common area expenses exceeds Tenant's payments previously made, Tenant shall pay Landlord the deficiency within ten (10) days after receipt of such statement. If such payments exceed Tenant's share of common area expenses, Tenant shall be entitled to credit the excess against payments for common area expenses thereafter to become due to Landlord as set forth within this paragraph. Upon termination of this...

Common Area Expenses. Tenant shall pay monthly to Landlord Tenant’s Share of the Building Operating Expenses and Tenant’s Share of Project Operating Expenses in each calendar year.

Common Area Expenses. During the Term of this Lease or any renewals, extensions or holding over thereof, Tenant will pay to Landlord, as Additional Rent, Tenant’s Proportionate Share of the Common Area Expenses, as those expenses are defined below.