Increase in Operating Expenses. Tenant shall pay to Landlord Tenant's Share of the Increase in Operating Expenses. The "Increase in Operating Expenses" is the increase in Operating Expenses in any calendar year over the Operating Expenses in the Base Year.
Increase in Operating Expenses. (a) The base year (the “Base Year”) for purposes of this Lease shall be the calendar year 2015. “
Increase in Operating Expenses. (a) Within a reasonable period of time after the expiration of the Base Year and each Operational Year, Sublandlord shall furnish to Subtenant a written statement prepared by Sublandlord of the Operating Expenses incurred for such year. Sublandlord shall use good faith efforts to deliver such statement to Subtenant within one hundred twenty (120) days after the expiration of the Base Year and each Operational Year. Within thirty (30) days after receipt of such statement for any Operational Year setting forth Subtenant’s Share of any increase of Operating Expenses during such Operational Year over the Operating Expenses in the Base Year (said increase being referred to herein as the “Cost Increase”), Subtenant shall pay same (less the amount of Subtenant’s Estimated Share paid by Subtenant on account thereof) to Sublandlord as Additional Rent.
Increase in Operating Expenses. If the Operating Expenses during any calendar year within which the Term of the Lease falls in whole or in part exceeds the Base Year Operating Expenses, Tenant will pay to Landlord as additional rent Tenant’s Proportionate Share of any such excess. There will be an annual cap of 5% on Landlord’s controllable expenses (e.g., in no event shall the controllable Operating Expenses increase by more than 5% over the prior year Operating Expenses and any amounts in excess thereof shall be at Landlord’s sole expense). Any such payments will be prorated for the last year of the Term. Controllable expenses shall mean all expenses other than real property taxes, insurance premiums, water, electric/natural gas expense, and snow and ice removal.
Increase in Operating Expenses. Tenant shall pay as Rent Tenant's Percentage Share of the total dollar increase, if any, in the Operating Expenses paid or incurred by Landlord during each twelve (12) month period following the Base Year (each such twelve (12) month period being hereinafter referred to as a "Lease Year") over the Operating Expenses paid or incurred by Landlord during the Base Year.
Increase in Operating Expenses. Notwithstanding anything in this Lease to the contrary, increases in Operating Expenses shall, with the exception of real estate taxes, utility charges, security expenses, insurance premiums and costs, and the cost of complying with governmental requirements, be limited to a per year cumulative increase of five percent (5%), compounded annually. Increases in real estate taxes, utility charges, security expenses, insurance premiums and costs, and the cost of complying with governmental requirements shall not be subject to any limit or “cap.”
Increase in Operating Expenses. Tenant shall pay to Landlord (a) Tenant's Building Share of the Increase in Building Operating Expenses and (b) Tenant's Site Share of the Increase in Site Operating Expenses. The "Increase in Building Operating Expenses" is the increase in Building Operating Expenses in any calendar year over the Building Operating Expenses in the Base Year. The "Increase in Site Operating Expenses" is the increase in Site Operating Expenses in any calendar year over the Site Operating Expenses in the Base Year.
Increase in Operating Expenses. (a) The base year (the "Base Year") for purposes of this Lease shall be calendar 2001. "
Increase in Operating Expenses. (a) The base year (the “Base Year”) for purposes of this Lease shall be the calendar year 2005. “
Increase in Operating Expenses. Commencing January 1, 2005, Tenant shall pay to Landlord five and 14/100 percent (5.14%) (being the stipulated proportion which the rentable area of the Premises bears to the total rentable office area of the Building) of the increase in Operating Expenses during the Term over Initial Operating Expenses.
