Common Operating Expenses Sample Clauses

Common Operating Expenses. The term “Common Operating Expenses” is defined in Section 8.2.

Common Operating Expenses. 8.1 Tenant’s Obligation to Pay Common Operating Expenses. Beginning with the Commencement Date, Tenant shall pay to Landlord, in addition to the Base Monthly Rent, Xxxxxx’s Share of Common Operating Expenses (“Additional Rent”). The Additional Rent due hereunder shall be paid to Landlord monthly, in advance, in an amount reasonably estimated by Landlord to be Landlord’s approximate average monthly expenditure for such Additional Rent, which estimated amount shall be reconciled at the end of each calendar year as compared to Xxxxxxxx’s actual expenditure for said Additional Rent items, and, by April 1 of each calendar year, Landlord shall endeavor to provide to Tenant a statement (each, an “Expense Statement”) showing the actual Additional Rent due to Landlord for the prior calendar year. If the total of the monthly payments of Additional Rent that Tenant has made for the prior calendar year is less than the actual Additional Rent chargeable to Tenant for such prior calendar year, with Tenant paying to Landlord, upon demand, any amount of actual expenses expended by Landlord in excess of said estimated amount, or Landlord applying any amount of estimated payments made by Tenant in excess of Landlord’s actual expenditures for said Additional Rent to Additional Rent next becoming due (or, if the Lease Term will expire before such credit can be fully utilized or if the Lease Term has already expired, Landlord shall reimburse Tenant in cash). The respective obligations of Landlord and Tenant under this Article 8 shall survive the expiration or other termination of this Lease, and if the Lease Term shall expire or shall otherwise terminate on a day other than the last day of a calendar year, the actual Additional Rent incurred for the calendar year in which the Lease Term expires or otherwise terminates shall be determined and settled on the basis of the statement of actual Additional Rent for such calendar year and shall be prorated in the proportion which the number of days in such calendar year preceding such expiration or termination bears to 365.

Common Operating Expenses. 7 8.1 Tenant's Obligation to Reimburse 7 8.2 Common Operating Expenses Defined 8 8.3 Real Property Taxes Defined 8 ARTICLE 9 - INSURANCE 9 9.1 Tenant's Insurance 9 9.2 Landlord's Insurance 9 9.3 Tenant's Obligation to Reimburse 9 9.4 Release and Waiver of Subrogation 9

Common Operating Expenses. 12 ARTICLE 9 INSURANCE.......................................................................14 ARTICLE 10 LIMITATION ON LANDLORD'S LIABILITY AND INDEMNITY ...............................16

Common Operating Expenses. 14 8.1 Tenant's Obligations to Reimburse........................14 8.2 Common Operating Expenses Defined........................16 8.3

Common Operating Expenses. Tenant's Obligation to Reimburse 12 8.2 Common Operating Expenses Defined 12 8.3 Real Property Taxes Defined 13

Common Operating Expenses. For purposes of this Lease, the term “Common Operating Expenses” shall consist of all “operating costs” (as hereinafter defined) for the Property. For purposes of this Lease, the term “operating costs” shall mean all expenses, costs and disbursements, subject to the exclusions set forth in Section 3.3.13 hereof, relating to or incurred or paid in connection with the ownership, operation, maintenance and repair of the Property, computed in accordance with generally accepted accounting principles, consistently applied, including, but not limited to, the following:

Common Operating Expenses. 16 8.1 Tenant's Obligation to Reimburse..................................................... 16 8.2

Common Operating Expenses. The term "Common Operating Expenses" is defined in PARA 8.2.

Common Operating Expenses. For purposes of this Lease, the term “