Common use of Landlord’s Contribution to Operating Expenses Clause in Contracts

Landlord’s Contribution to Operating Expenses. Tenant’s Percentage of Operating Expenses incurred by Landlord during calendar year 2011 (the “Base Year”), adjusted to reflect an assumption that the Project is fully assessed for real property tax purposes as a completed Project ready for occupancy and that the Project is ninety-five percent (95%) occupied during such year.

Appears in 2 contracts

Samples: Work Letter Agreement (Auspex Pharmaceuticals, Inc.), Work Letter Agreement (Auspex Pharmaceuticals, Inc.)

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Landlord’s Contribution to Operating Expenses. Tenant’s Percentage of Operating Expenses incurred by Landlord during calendar year 2011 2013 (the “Base Year”), adjusted to reflect an assumption that the Project is fully assessed for real property tax purposes as a completed Project ready for occupancy and that the Project is ninety-five percent (95%) occupied during such year.

Appears in 1 contract

Samples: Office Lease (Lumena Pharmaceuticals, Inc.)

Landlord’s Contribution to Operating Expenses. Tenant’s Percentage of Operating Expenses incurred by Landlord during calendar year 2011 2004 (the “Base Year”), adjusted to reflect an assumption that the Project is fully assessed for real property tax purposes as a completed Project ready for occupancy and that the Project is ninety-five percent (95%) occupied during such year.

Appears in 1 contract

Samples: Work Letter Agreement (Axesstel Inc)

Landlord’s Contribution to Operating Expenses. Tenant’s Percentage of Operating Expenses incurred by Landlord during calendar year 2011 2008 (the “Base Year”), adjusted to reflect an assumption that the Project is fully assessed for real property tax purposes as a completed Project ready for occupancy and that the Project is ninety-five percent (95%) occupied during such year.

Appears in 1 contract

Samples: Work Letter Agreement (Orexigen Therapeutics, Inc.)

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Landlord’s Contribution to Operating Expenses. Tenant’s 's Percentage of Operating Expenses incurred by Landlord during calendar year 2011 2005 (the “Base Year”), adjusted to reflect an assumption that the Project Building is fully assessed for real property tax purposes as a completed Project Building ready for occupancy and that the Project Building is ninety-five percent (95%) occupied during such year.

Appears in 1 contract

Samples: Work Letter Agreement (Hi/Fn Inc)

Landlord’s Contribution to Operating Expenses. Tenant’s Percentage of Operating Expenses incurred by Landlord during calendar year 2011 2007 (the “Base Year”), adjusted to reflect an assumption that the Project is fully assessed for real property tax purposes as a completed Project ready for occupancy and that the Project is ninety-five percent (95%) occupied during such year.

Appears in 1 contract

Samples: Work Letter Agreement (Orexigen Therapeutics, Inc.)

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