Expense Stop. Landlord and Tenant agree to establish 1995 as PROVISIONS base year for building operating expenses. It is agreed that this Lease comprises 15% (fifteen percent) of the building.
Expense Stop. Paragraph 1.19 of the Lease is hereby deleted in its entirety and replaced with the following: Building operating costs for calendar year ending December 31, 2001.
Expense Stop. Landlord and Tenant agree that effective upon the Commencement Date, Tenant’s expense stop for the Expansion Space only shall change to reflect the actual Operating Expenses for calendar year 1999.
Expense Stop. Landlord and Tenant agree that effective upon the Commencement Date, Tenaxx'x xxpense stop for the Expansion Space only shall change to reflect the actual Operating Expenses for calendar year 1999.
Expense Stop. Commencing on or about August 1, 1999, Lessee shall pay to Lessor additional rents for Lessee's pro rata share of the building operating expenses in excess of the 1999 Base Year for Suites II-420 and II-430 only.
Expense Stop. Commencing on or about August 1, 1999, Lessee's expense stop shall adjust to $8.32 per square foot per year, which is the estimated operating expenses for 1999.
Expense Stop. Tenant shall pay to Landlord Tenant's Proportionate Share of Operating Costs and Taxes which are in excess of the Base Operating Expense Account and the Tax Expenses Base Year, which amounts shall be due within fifteen (15) days after being billed by Landlord. At Landlord's option, however, Landlord may, from time to time, provide Tenant with an estimate of the expected Operating Costs and Taxes for the coming Operating Year, and an estimate of Tenant's additional rent for such Operating Costs and Taxes, and said additional rent shall be payable by Tenant monthly during each Operating Year of the term of the Lease at the time and in the manner for payment of Monthly Rent. In the event that Tenant pays Landlord's estimate of Tenant's Proportionate Share of Operating Costs and Taxes, Landlord shall use its best efforts to deliver to Tenant within one hundred fifty (150) days after the expiration of each Operating Year a reasonably detailed statement showing Tenant's Proportionate Share of the actual Operating Costs and Expenses incurred during such year. Landlord's failure to deliver the statement to Tenant within said period shall not constitute Landlord's waiver of its right to collect said amounts or otherwise prejudice Landlord's rights hereunder. If Tenant's payments under this Article 9.2 during said Operating Year exceed Tenant's Proportionate Share as indicated on said statement. Tenant shall be entitled to credit the amount of such overpayment against Tenant's Proportionate Share next falling due. If Tenant's payments under this Article 9.2 during said Operating Year were less than Tenant's Proportionate Share as indicated on said statement, Tenant shall pay to Landlord the amount of the deficiency to Landlord when billed therefor. Landlord and Tenant shall forthwith adjust between them by cash payment any balance determined to exist with respect to that portion of the last Operating Year for which Tenant is responsible for Operating Costs and Taxes, notwithstanding that the Lease may have terminated before the end of such Operating Year; and this provision shall survive the expiration or earlier termination of the Lease. Appropriate credit against Tenant's Proportionate Share of Operating Costs and Taxes shall be given for any refund obtained by reason of a reduction in any Taxes by the assessors or the administrative, judicial or other governmental agency responsible therefor. The original computations, as well as reimbursement or payments of addi...
Expense Stop. The term “Expense Stop” shall mean the actual per square foot (based on Rentable Square Footage) Operating Costs during the 2007 Operating Year (“Base Year”), provided, however, that for purposes of establishing the Expense Stop, the Operating Costs shall be calculated as if the Building were 95% occupied and 100% assessed for taxes.
Expense Stop. For the Temporary Space Term, Tenant, pursuant to Article ------------ 4 of the Lease, shall pay as an adjustment to the Base Rent for the Temporary Space an amount (per each square foot of Rentable Area in the Temporary Space) equal to the Excess from time to time of Operating Expenses and Taxes (as defined in the Original Lease) per square foot of Rentable Area of the Real Property over the sum of the Operating Expenses and Taxes (as defined in the Original Lease) per square foot of Rentable Area of the Real Property for the calendar year 2001.
Expense Stop. The term “Expense Stop” shall mean an amount equal to $8.25 per rentable square foot of the Building. Notwithstanding any provision herein to the contrary, Landlord hereby agrees that except for Taxes, insurance, utilities, snow and ice removal, and expenses incurred due to Acts of God for which Landlord is not otherwise reimbursed through insurance or other third party sources (collectively, “Uncontrollable Expenses”), the Operating Expenses for the Building shall not increase, on a cumulative and compound basis, by more than five percent (5%) per annum for purposes of calculating Tenant’s Proportionate Share. Tenant shall pay the full amount of Tenant’s Proportionate Share of increases in Uncontrollable Expenses.