Insurance Cost Escalation. If the Insurance Costs for the Building and Office Building Area for any Lease Year or partial Lease Year during the Term shall be greater than the Insurance Expense Stop (adjusted proportionately for periods less than a Lease Year), Lessee shall pay to Lessor as Additional Rent for each Lease Year or partial Lease Year commencing from and after the Commencement Date, Lessee's Percentage of such excess Insurance Costs. As used in this Article 23(d), the words and terms which follow mean and include the following:
Appears in 2 contracts
Samples: Lease (Synova Healthcare Group Inc), Commencement Date Agreement (Pharmaceutical Resources Inc)
Insurance Cost Escalation. If the Insurance Costs for the Building and Office Building Area for any Lease Year or partial Lease Year during the Term shall be greater than the Base Insurance Expense Stop Costs (adjusted proportionately for periods less than a Lease Year), Lessee shall pay to Lessor as Additional Rent for each Lease Year or partial Lease Year commencing from and after the Commencement Date, Lessee's Percentage of such excess Insurance Costs. As used in this Article 23(d), the words and terms which follow mean and include the following:
Appears in 1 contract
Samples: Old Line Bancshares Inc
Insurance Cost Escalation. If the Insurance Costs for the Building and Office Building Area for any Lease Year or partial Lease Year during the Term shall be greater than the Insurance Cost Expense Stop (adjusted proportionately for periods less than a Lease Year), Lessee shall pay to Lessor as Additional Rent for each Lease Year or partial Lease Year commencing from and after the Commencement Date, Lessee's ’s Percentage of such excess Insurance Costs. As used in this Article 23(d), the words and terms which follow mean and include the following:
Appears in 1 contract
Samples: Lease (Scopus Video Networks Ltd.)
Insurance Cost Escalation. If the Insurance Costs for the Building and the Office Building Area for any Lease Year or partial Partial Lease Year Year, during the Term Term, shall be greater than the Base Insurance Expense Stop Expenses (adjusted proportionately for periods less than a Lease Year), then Lessee shall pay to Lessor as Additional Rent for each Lease Year or partial Lease Year commencing from and after the Commencement DateRent, Lessee's Percentage of such excess Insurance Costs. As used in this Article 23(d), the words and terms which follow mean and include the following:
Appears in 1 contract
Samples: Lease (Barr Laboratories Inc)
Insurance Cost Escalation. If the Insurance Costs for the Building and Office Building Area for any Lease Year or partial Lease Year during the Term shall be greater than the Insurance Cost Expense Stop (adjusted proportionately for periods less than a Lease Year), Lessee shall pay to Lessor as Additional Rent for each Lease Year or partial Lease Year commencing from and after the Commencement Date, Lessee's Percentage of such excess Insurance Costs. As used in this Article Section 23(d), the words and terms which follow mean and include the following:
Appears in 1 contract
Samples: Lease (Alteon Inc /De)
Insurance Cost Escalation. If the Insurance Costs for the Building and Office Building Area for any Lease Year or partial Lease Year during the Term shall be greater than the Base Insurance Expense Stop Costs (adjusted proportionately for periods less than a Lease Year), Lessee shall pay to Lessor as Additional Rent for each Lease Year or partial Lease Year commencing from and after the Commencement Date, Lessee's ’s Percentage of such excess Insurance Costs. As used in this Article 23(d), the words and terms which follow mean and include the following:
Appears in 1 contract
