Operating Costs and Expenses. All available records of any operating costs and expenses for the Property in Seller’s possession.
Operating Costs and Expenses. 3.2.1 Subtenant shall pay to Sublandlord as additional rent hereunder Subtenant’s pro rata share of (i) Operating Expenses (as defined in the Master Lease) payable by Sublandlord under the Master Lease, and (ii) utilities (including any applicable taxes thereon) contracted through Sublandlord. Subtenant’s pro rata share shall mean that amount, expressed as a percentage, equal to the number of square feet included in the Premises divided by the number of square feet leased by Sublandlord under the Master Lease [i.e., 86.46%]. Such amounts of Operating Expenses shall be payable in advance on the first day of each calendar month during the Term of this Sublease in accordance with Section 9.3 of the Master Lease. Sublandlord shall promptly forward the appropriate invoices and backup documentation received from Master Landlord regarding such Operating Expenses. In the event that the Term shall expire or earlier terminate on any date other than December 31, Subtenant’s obligations under this Section 3.2.1 for such calendar year shall be prorated on the basis of the number of days elapsed during such calendar year prior to and including the date of expiration or termination.
3.2.2 In addition to the amounts payable under Section 3.2.1, Subtenant shall pay to Sublandlord within twenty one (21) days of receipt of Sublandlord’s written invoice therefor (i) any charges, costs, fees or expenses for which Sublandlord is charged under the Master Lease to the extent attributable to the Premises, including, without limitation, after-hours HVAC charges for after-hours HVAC requested by Subtenant, personal property taxes and excess electrical consumption charges, and (ii) any and all charges of Master Landlord or other amounts payable to Master Landlord under the Master Lease caused by Subtenant’s failure to perform its obligations under this Sublease.
3.2.3 Any and all amounts paid by Sublandlord under the Master Lease for Operating Expenses, real estate taxes or assessments, and other charges shall be conclusively deemed to be accurate and binding upon Subtenant for purposes of interpretation of this Section 3, subject to Subtenant’s right to require Sublandlord to perform an audit, at Subtenant’s expense, pursuant to Section 9.3 of the Master Lease incorporated herein. All forms of additional rent and any other amounts payable by Subtenant to Sublandlord shall be payable by Subtenant without deduction, offset or abatement (except as expressly set forth in the Sublease or...
Operating Costs and Expenses. Operating costs and expenses for the dock and buoy such as power and water utilities, repairs and maintenance, taxes and insurance, and other expenses relating to the dock and buoy shall be paid by the Manager and reimbursed as designated in paragraph 4. The Manager will keep accurate accounting records of the ongoing operating costs and make the accounting records available upon request of any Party.
Operating Costs and Expenses. From and after the date Tenant connects to the Centralized Condenser Water Plant and Supply System, or from and after Tenant’s lease term commencement date, whichever shall be first to occur, Tenant agrees to pay Landlord an amount, determined in the manner hereinafter provided. Said amount shall include Tenant’s share of all costs and expenses incurred by Landlord on Tenant’s behalf in connection with said system, including but not limited to the costs and charges for operation, administration, electricity, insurance, repairs, replacement, maintenance and property taxes. The annual amount, hereinafter termed Annual Ventilating and Air Conditioning Charge or “Annual VAC Charge,” will not include costs incurred by Tenant for maintenance of operation of equipment installed by Tenant. The base Annual VAC Charge is determined by a unit rate per square foot floor area of Tenant’s Premises from the “Annual VAC Charge Rate Schedule,” and when established in accordance with Landlord’s requirements and approval, shall be paid by Tenant to Landlord in accordance with the following Section 1.
Operating Costs and Expenses. The Owners shall be charged for, and shall pay, their share of the expenses, as authorized by FAR Part 91.501(c)(3), according to xxxxxxxx (as described in Section 7 below) prepared by ALLETE in its management role, for all ownership and operating costs and expenses for the Aircraft. Such ownership and operating costs and expenses include:
Operating Costs and Expenses. The Partnership shall (i) pay, or cause to be paid, all costs, fees, operating expenses and other expenses of the Partnership (including the costs, fees and expenses of attorneys, accountants or other professionals and the compensation of all personnel providing services to the Partnership) incurred in pursuing and conducting, or otherwise related to, the activities of the Partnership, and (ii) in the sole discretion of the General Partner, reimburse the General Partner or any member of the Executive Committee or any employee of the Partnership for any out-of-pocket costs, fees and expenses incurred by them in connection therewith. Since the General Partner is the general partner of the Partnership and provides a means through which Class B Partners may exchange their Class B Units for securities of the General Partner, the General Partner may cause the Partnership to pay or bear all expenses of the General Partner, including, without limitation, costs of securities offerings not borne directly by Class B Partners, Board of Director compensation and meeting costs, costs of periodic reports to its stockholders, litigation costs and damages arising from litigation, accounting and legal costs and franchise taxes, provided that, without limiting the rights of the General Partner to receive distributions pursuant to Sections 4.1 and 4.2, the Partnership shall not pay or bear any income tax obligations of the General Partner pursuant to this Section 4.7.
Operating Costs and Expenses. Operator shall set up a Plant account on behalf of the Owners, and all costs and expenses incurred by Operator in the operation, maintenance, enlargement and alteration of the Plan shall be charged to such account upon the cost and expense basis set out in the Accounting Procedure attached hereto, marked Exhibit "B", and made a part hereof. Operator shall initially pay all costs and expenses incurred in the operation, maintenance, enlargement and alteration of the Plant, and each Owner shall reimburse Operator therefor in the proportion of its undivided ownership interest in the Plant as set out in Exhibit "A". Operator shall xxxx all Owners on or before the twentieth (20th) day of the month following the month in which the expenditures covered by such billing were made. Should any Owner fail to reimburse Operator for such Owner's proportionate part of said costs and expenses within thirty (30) days after the receipt of said billing, the same shall bear interest monthly at the prime rate as published by Chase Manhattan Bank, N.A. or its successors plus one percent (1%) from the end of said thirty (30) day period until paid, and Operator shall have the right, at its option, at any time following thirty (30) days after written notice by registered mail to the Owner thereof, such default continuing, to foreclose its lien provided for upon the ownership interest of such defaulting Owner. Operator, in lieu of itself advancing such costs and expenses, may, at its election, require the Owners to advance their respective portions of the estimated costs and expenses of operating, maintaining, enlarging and altering the Plant in the following manner. On or before the last day of each calendar month, Operator may submit to each of the Owners hereto an itemized estimate of such costs and expenses for the next succeeding calendar month. Said itemized estimate of the cost and expenses for the next succeeding calendar month may be mailed to each of the Owners, together with a request for the payment of their proportionate part thereof. Within thirty (30) days of the receipt of the estimate, each of the Owners shall pay to the Operator their proportionate part of the estimate, the same to bear interest monthly at the prime rate as published by Chase Manhattan Bank, N.A. or its successors plus one percent (1%) from the end of said thirty (30) day period until paid, and Operator shall have the right, at its option, at any time following thirty (30) days written notice by re...
Operating Costs and Expenses. All available records of any operating costs and expenses for the Property in the possession of Seller or Seller's property manager for the Property which are not considered by Seller to be proprietary; and
Operating Costs and Expenses. Tenant shall, for the entire Term, pay to Landlord as an item of additional rent, without any setoff or deduction therefrom, its Proportionate Share of the annual aggregate operating costs and expenses ("Operating Expenses") which Landlord may incur in owning, maintaining and operating the Building during each calendar year of the Term. Tenants "Proportionate Share" is 69.25% which is defined as Tenant's percentage of Operating Expenses incurred by Landlord with respect to the Building (being the decimal equivalent of a fraction, the numerator of which is the number of square feet of the Leased Premises and the denominator of which is the number of square feet within the entire Building). "Operating Expenses" are defined to include all expenses and costs (but not specific costs which are separately billed to and paid by individual tenants) of every kind and nature which the Landlord shall pay or become obligated to pay because of or in connection with the ownership and operation of the Building and supporting facilities of the Building, including but not limited to all real estate taxes and annual installments of special or other assessments payable with respect to the Building, and all other taxes, service payments in lieu of taxes, excises, levies, fees, or charges, general and special, ordinary and extraordinary, of any kind, which are assessed, levied, charged, confirmed or imposed by any public authority upon the Building, its operations or the rent provided for in this Lease; costs of any contest of such taxes, including attorney's fees, management fees, insurance premiums, utility costs, janitorial costs, Building security costs, costs of wages, maintenance costs (relating to the Building and adjacent land including sidewalks, skyways, landscaping and parking or service areas, common areas, service contracts, equipment and supplies) and all other costs of any nature whatsoever which for federal tax purposes may be expensed rather than capitalized, but exclusive only of leasing commissions, depreciation, costs of tenant improvements and payments of principal and interest on any mortgages, deeds of trusts, or other security devices covering the Building. As soon as reasonably practicable prior to the commencement of each calendar year during the Term, Landlord shall furnish to Tenant as estimate of Operating Expenses for the ensuing calendar year and Tenant's Proportionate Share thereof. Tenant shall pay, as additional rent hereunder, together with ea...
Operating Costs and Expenses. Sublandlord shall pay all operating expense passthroughs specified as standard items in the Prime Lease, throughout the Sublease Term. Subtenant shall pay for any additional services it specifically requests, ie, afterhours HVAC, any special requested cleaning, etc, considered to be “over and above” the standard full service amenities found in the Prime Lease.
