EXPENSES OF OPERATION. MANAGEMENT AND MAINTENANCE OF THE COMMON AREAS OF THE COMPLEX, PREMISES AND BUILDING IN WHICH THE PREMISES ARE LOCATED. As Additional Rent and in accordance with Paragraph 4(D) of this Lease, Tenant shall pay to Landlord Tenant’s proportionate share (calculated on a square footage or other equitable basis as calculated by Landlord) of all expenses of operation, management, maintenance and repair of the Common Areas of the Complex including, but not limited to, license, permit, management fees (not to exceed 3.0% of the gross rental income of the Complex) and inspection fees; security; utility charges associated with exterior landscaping and lighting (including water and sewer charges); all charges incurred in the maintenance of landscaped areas, lakes, parking lots, sidewalks, driveways; maintenance, repair and replacement of all fixtures and electrical, mechanical and plumbing systems; structural elements and exterior surfaces of the buildings; salaries and employee benefits of personnel and payroll taxes applicable thereto; supplies, materials, equipment and tools; the cost of capital expenditures which have the effect of reducing operating expenses, provided, however, that in the event Landlord makes such capital improvements which exceed Seventy Five Thousand Dollars ($75,000.00), Landlord shall amortize its investment in said improvements (together with interest at the rate of eight (8%) percent per annum on the unamortized balance) as an operating expense over the useful life of the capital improvement in a manner consistent with industry practice. As Additional Rent and in accordance with Paragraph 4(D) of this Lease, Tenant shall pay its proportionate share (calculated on a square footage , or other equitable basis as calculated by Landlord) of the cost of operation (including common utilities), management, maintenance and repair of the Premises and the building (including common areas such as lobbies, restrooms, janitor’s closets, hallways, elevators, mechanical and telephone rooms, stairwells, entrances, spaces above the ceilings) in which the Premises are located. The maintenance items herein referred to include, but are not limited to, janitorization, electrical systems (such as outlets, lighting fixtures, lamps, bulbs, tubes, ballasts), heating and air conditioning controls (such as mixing boxes, thermostats, time clocks, supply and return grills), all interior improvements within the Premises including but not limited to: wall coverings, wind...
EXPENSES OF OPERATION. Other expenses of operation and similar items, including without limitation, advertising and marketing expenses.
EXPENSES OF OPERATION. MANAGEMENT, AND MAINTENANCE OF THE COMMON AREAS OF ------------------------------------------------------------------------- THE PARCEL AND BUILDING IN WHICH THE PREMISES ARE LOCATED: As Additional Rent --------------------------------------------------------- and in accordance with Paragraph 4D of this Lease, Tenant shall pay to Landlord Tenant's proportionate share (calculated on a square footage or other equitable basis as calculated by landlord) of all expenses of operation, management, maintenance and repair of the Common Areas of the Parcel/Building including, but not limited to, license, permit, and inspection fees; security; utility charges associated with exterior landscaping and lighting (including water and sewer charges); all charges incurred in the maintenance of landscaped areas, lakes, parking lots, sidewalks, driveways, maintenance, repair and replacement of all fixtures and electrical, mechanical and plumbing systems; structural elements and exterior surfaces of the buildings; salaries and employee benefits of personnel and payroll taxes applicable thereto; supplies, materials, equipment and tools; the cost of capital expenditures which have the effect of reducing operating expenses, provided, however, that in the event Landlord makes such capital improvements, Landlord may amortize its investment in said improvements (together with interest at the rate of fifteen (15%) percent per annum on the unamortized balance) as an operating expense in accordance with standard accounting practices, provided, that such amortization is not at a rate greater than the anticipated savings in the operating expenses.
EXPENSES OF OPERATION. You will pay the ordinary office expenses of the Fund including its rent and will provide investment advisory, research and statistical facilities and all clerical services relating to research, statistical and investment work. You will not be required to pay any expenses of the Fund other than those enumerated in this paragraph 2 and in particular, but without limiting the generality of the foregoing will not be required to pay brokers' commissions; legal, auditing, and registrar's fees and expenses; taxes and governmental fees; the cost of sale, underwriting, distribution, redemption, transfer or repurchase of shares of the Fund; the expenses of registering or qualifying securities for sale; the cost of preparing and distributing reports and notices to shareholders; or the fees or disbursements of custodians of the Fund's assets including expenses incurred in the performance of any obligations enumerated in the Articles of Organization or Bylaws of the Fund, insofar as they govern agreements with any such custodian.
EXPENSES OF OPERATION. MAINTENANCE AND REPAIR OF THE COMMON AREAS OF THE PARCEL AND BUILDING IN WHICH THE PREMISES ARE LOCATED.
A. Maintenance of the Common Areas of the Parcel. Landlord shall operate, manage and maintain the Common Areas of the Parcel. As Additional Rent and in accordance with Paragraph 4.D of this Lease, Tenant shall pay to Landlord Tenant’s Proportionate Share of all expenses of operation, maintenance and repair of the Common Areas of the Parcel including, but not limited to, license, permit, and inspection fees; security; utility charges associated with exterior landscaping and lighting (including water and sewer charges); all charges incurred in the maintenance and replacement of landscaped areas, lakes, parking lots and paved areas (including repairs’, replacement, resealing and restriping), sidewalks, driveways, maintenance, repair and replacement of all fixtures and electrical, mechanical and plumbing systems; supplies, materials, equipment and tools; the cost of capital expenditures which have the effect of reducing operating expenses, provided, however, that in the event Landlord makes such capital improvements, Landlord shall amortize its investment in said improvements (together with interest at the rate of fifteen (15%) percent per annum on the unamortized balance if Landlord elects to allocate payment to Tenant monthly over the Term of the Lease, rather than requiring Tenant to pay such amortized costs in one lump sum) (“Amortized Cost”) as an operating expense in accordance with standard accounting practices, provided, that such amortization is not at a rate greater than the anticipated savings in the operating expenses.
EXPENSES OF OPERATION. The proper costs and expenses of M.I.B. (including those of its agents and including its legal costs and disbursements) attributable to the establishment, financing and operation of the Insolvency Fund Scheme (including an appropriate proportion of M.I.B.'s general overhead) shall be payable out of, and shall be a first charge on, the Insolvency Fund and shall be paid in arrears on a monthly basis, provided that nothing in this Agreement shall in any way limit the right of M.I.B. to recover from an insolvent Insurer the full amount of any legal costs and expenses that have been charged against the Insolvency Fund in connection with or arising out of that Insurer’s insolvency.
EXPENSES OF OPERATION. MANAGEMENT AND MAINTENANCE OF THE COMMON AREAS OF THE PARCEL AND BUILDING IN WHICH THE PREMISES ARE LOCATED: Subject to Paragraph 4 above, effective October 1, 2000, Lease Paragraph 42 ("Expenses of Operation, Management and Maintenance of the Common Areas of the Parcel and Building in Which the Premises are Located") shall be deleted in its entirety and replaced with the following:
EXPENSES OF OPERATION. The proper costs and expenses of ECIIB (including those of its agents and including its legal costs and disbursements) attributable to the establishment, financing and operation of the Insolvency Fund Scheme (including sums expended in connection with or in contemplation of litigation relating to Claims and an appropriate proportion of ECIIB's general overhead) shall be payable out of, and shall be a first charge on, the Insolvency Fund and shall be paid in arrears on a monthly basis, provided that nothing in this Agreement shall in any way limit the right of ECIIB to recover from an Insolvent Insurer the full amount of any legal or other costs and expenses that have been charged against the Insolvency Fund in connection with or arising out of that Insurer's Insolvency.
EXPENSES OF OPERATION. MANAGEMENT, AND MAINTENANCE OF THE COMMON AREAS OF -------------------------------------------------------------------------- THE COMPLEX AND BUILDING IN WHICH THE PREMISES ARE LOCATED: Effective December ---------------------------------------------------------- 1, 1998, Lease Paragraph 7 ("Expenses of Operation, Management, and Maintenance of the Common Areas of the Complex and Building in Which the Premises Are Located") shall be deleted In its entirety and replaced with the following:
EXPENSES OF OPERATION. The Company shall pay, or shall reimburse the Manager for, such expenses incurred or advanced in the operation or management of the Company as the Manager shall deem to be reasonable and necessary.
