Common use of Operating Cost Clause in Contracts

Operating Cost. Indicate whether or not the base rent includes any portion of the building’s operating costs. If not, state the monthly amount the tenant must pay for a proportionate share of the operating expenses. Specify the maximum percentage of the total operational costs for the tenant’s share and the percentage of the expenses reserved for significant repairs and renovations. If the tenant underpays their share of the operating expenses, specify the days the tenant must pay the amount due. Step 6 – Choose the Tax Option 13.

Appears in 14 contracts

Samples: Lease Agreement, Commercial Lease Agreement, Lease Agreement

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Operating Cost. Indicate whether or not the base rent includes any portion of the building’s operating costs. If not, state the monthly amount the tenant must pay for a proportionate share of the operating expenses. Specify the maximum percentage of the total operational costs for the tenant’s share and the percentage of the expenses reserved for significant repairs and renovations. If the tenant underpays their share of the operating expenses, specify the days the tenant must pay the amount due. Step 6 – Choose the Tax Option 13.

Appears in 2 contracts

Samples: Commercial Lease Agreement, Commercial Lease Agreement

Operating Cost. Indicate whether or not the base rent includes any portion of the building’s operating costs. If not, state the monthly amount the tenant must pay for a proportionate share of the operating expensescosts. Specify the maximum percentage of the total operational operating costs for the tenant’s share and the percentage of the expenses operating costs reserved for significant repairs and renovations. If the tenant underpays their share of the operating expensescosts, specify the days the tenant must pay the amount due. Step 6 – Choose the Tax Option 13.

Appears in 2 contracts

Samples: Commercial Lease Agreement, Residential Lease Agreement

Operating Cost. Indicate whether or not the base rent includes any portion of the building’s operating costs. If not, state the monthly amount the tenant must pay for a proportionate share of the operating expenses. Specify the maximum percentage of the total operational costs for the tenant’s share and the percentage of the expenses reserved for significant repairs and renovations. If the tenant underpays their share of the operating expenses, specify the days the tenant must pay the amount due. Step 6 – Choose the Tax Option 13.

Appears in 2 contracts

Samples: Commercial Lease Agreement, Shop Rent Agreement

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Operating Cost. Indicate whether or not the base rent includes any portion of the building’s operating costs. If not, state the monthly amount the tenant must pay for a proportionate share of the operating expensescosts. Specify the maximum percentage of the total operational operating costs for the tenant’s share and the percentage of the expenses operating costs reserved for significant repairs and renovations. If the tenant underpays their share of the operating expenses, specify the days the tenant must pay the amount due. Step 6 – Choose the Tax Option 13.

Appears in 1 contract

Samples: Commercial Lease Agreement

Operating Cost. Indicate whether or not the base rent includes any portion of the building’s operating costs. If not, state the monthly dollar amount per month the tenant must has to pay for a proportionate share of the operating expensescosts. Specify the maximum percentage of the total operational operating costs for the tenant’s share and the percentage of the expenses operating costs reserved for significant major repairs and renovations. If the tenant underpays their share of the operating expensescosts, specify the number of days the tenant must has to pay the amount due. Step 6 – Choose the Tax Option 13.

Appears in 1 contract

Samples: Lease Agreement

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