Expense Escalation. 4.1 Tenant shall pay to Landlord, as additional rent, expense escalation in accordance with this Article.
Expense Escalation. 5.1. Tenant shall pay to Landlord, as additional rent, expense escalation in accordance with this Article 5:
Expense Escalation. For purposes of this Article:
Expense Escalation. For purposes of Sections 5.07 - 5.ll: -11-
Expense Escalation. (a) Tenant shall pay to Landlord as additional rent under this Lease at the times hereinafter set forth Tenant's Share as specified in Paragraph 2 of any increase in the operating Expenses incurred by Landlord in each calendar year subsequent to the Base Year specified in Paragraph 2 over the Operating Expenses incurred by Landlord during such Base Year. The term "
Expense Escalation. In order to adjust during the term of this Lease for increases in the expenses of the Landlord with respect to the Basement Premises, the Tenant shall pay to the Landlord, as additional rent, commencing on the first anniversary of the D-1 Commencement Date and on the anniversary of that date in each succeeding year thereafter, the amount indicated in Exhibit E as the Expense Payment, such amount to be paid (in addition to the fixed rent) in twelve equal monthly installments. Additional rent shall be payable with respect to the Premises in accordance with the provisions of Article THIRTY of the Lease.
Expense Escalation. In order to adjust during the term of this lease for increases in the expenses of the Landlord in operating the building, the Tenant shall pay to the Landlord, as additional rent, commencing on May 1, 2001 and on each May 1st thereafter, the amount indicated in Exhibit B as the Expense Payment, such amount to be paid (in addition to the fixed rent) in twelve equal monthly installments.
Expense Escalation. In the event the operating expenses (as defined below) of Landlord for the building of which the Premises are a part shall, in any calendar year during the term of this Lease, exceed the sum of the actual operating expenses for 1992 per square foot grossed up to reflect a 95% occupancy, Tenant agrees to pay as additional rental Tenant's pro rata share of such excess operating expenses. Landlord shall, within nine months following the close of any calendar year for which additional rental is due under this paragraph, invoice Tenant for the additional rental. The invoice shall include in reasonable detail all computations of the additional rental, and Tenant agrees to pay the additional rental within thirty days following receipt of the invoice. If this Lease shall terminate on a day other than the last day of a year, the amount of any additional rental payable by Tenant applicable to the year in which such termination shall occur shall be prorated on the ratio that the number of days from the commencement of such year to and including such termination date bears to 365. If at any time during the term of this Lease, Landlord has reason to believe the per square foot operating expenses for the calendar year will exceed the sum set forth above, Landlord may invoice Tenant to prepay monthly one-twelfth of an amount equal to the additional rental paid in the previous year. If the invoice delivered within nine months following the close of a calendar year in accordance with this paragraph shows an amount owing by Tenant that is less than the sum of the monthly payments made by Tenant in the previous calendar year, the invoice shall be
Expense Escalation. (a)Tenant shall pay on account of the operating expenses of the Building the following annual amounts (such amount with respect to any Lease Year, the “Expense Escalation”): (i) with respect to the first Lease Year, the product of (A) one percent (1.0%) multiplied by (B) the Fixed Rent payable with respect to such Lease Year and (ii) with respect to each Lease Year thereafter, the product of (A) one percent (1.0%) multiplied by (B) the sum of (x) the Fixed Rent payable with respect to such Lease Year and (y) the Expense Escalation payable with respect to the immediately preceding Lease Year. The Expense Escalation shall be payable by Tenant in equal monthly installments in advance on the first day of the second Lease Year and on the first day of each calendar month thereafter during the Term and shall be deemed a recurring Additional Rent for all purposes of this Lease. If the Fixed Rent payable in respect of any Lease Year shall increase during such Lease Year by reason of the occurrence of the Phase II Rent Commencement Date, the Expense Escalation shall be increased accordingly.
Expense Escalation. A. For purposes of this lease the following terms shall have the following meanings: (i) "Rate" shall mean the minimum regular hourly wage rate without fringe benefits prescribed for Porters (as hereinafter defined) for Class A office buildings (or any successor category), pursuant to the present and any successor agreement between the Realty Advisory Board on Labor Relations, Incorporated (or any successor thereto) and Local 32B of the Building Service Employees International Union, AFL-CIO (or any successor thereto), covering the wage rates for Porters in such buildings ("Agreement"), provided, however, that if, at any time during the term hereof: (a) regular employment of Porters occurs on days or during hours when overtime or other premium pay rates are in effect pursuant to the Agreement, "Rate" shall mean the average hourly wage rate for the hours in a calendar week during which Porters are regularly employed (e.g., if, pursuant to the Agreement, the regular weekly employment of Porters is for forty (40) hours at a regular hourly wage rate of $20.00 for the first thirty (30) hours and an overtime hourly wage rate of $30.00 for the remaining ten (10) hours, the average hourly wage rate for the applicable period shall be the weekly wage rate of $900.00 divided by the number of regular hours of employment, to wit, forty (40), or $22.50); and (b) no Agreement exists, "Rate" shall mean the average minimum regular hourly wage rate actually payable to Porters by Owner or the contractor performing cleaning services in the Building, or, if no Porters are employed at the Building, such rate for Porters employed at Class A office buildings (as such buildings are presently described in the Agreement); (ii) "Base Rate" shall mean the Rate in effect on January 1, 1998; (iii) "Multiplication Factor" shall mean 2,700; and (iv) "Porters" shall mean those employees who have been employed for ten (10) years or more and who are engaged in the general maintenance and operation of office buildings, classified as "Others" in the current Agreement, or, failing such classification in any subsequent Agreement, the most nearly comparable classification in such Agreement.
