Operating Costs Definition. “Operating Costs” shall mean all costs, expenses and other charges incurred by Landlord in connection with the ownership, operation, repair and maintenance of the Property, the Building and the Premises, and performing Landlord’s obligations under this Lease, including but not limited to:
Operating Costs Definition. Except as otherwise provided below, the -------------------------- Operating Costs are hereby defined as all costs related to the ownership, administration, management, maintenance and operation of the Building, Common Areas, and the Land, including but not limited to:
i) Real estate taxes, installments of assessments attributable to the Lease Term, and appeals to taxes and assessments on the Land, Common Area and Building and personal property taxes associated with personal property used in the operation of the Land, Common Area and Building;
ii) The total annual net costs and expenses of all insurance required to be carried by Landlord pursuant to Section 14(c)(I) and (ii), specifically including earthquake, and with such coverage and deductibles and in such amounts as the Landlord may from time to time determine;
iii) Special taxes, licenses (other than taxes on income or profits) and permits and inspection fees from time to time payable by the Landlord with respect to the Land, Premises or the Building;
iv) Salaries and wages (including employee benefits, worker's compensation, pension plan contributions, fringe benefits, severance pay, termination payments and similar payments and contributions) paid or payable to all personnel, including supervisory personnel and managers, and all costs of obtaining such personnel, to the extent that they are employed in connection with the operation or maintenance of the Land, Building, Common Areas or the Premises and further including the cost of building and cleaning supplies, tools and equipment, employee uniforms, dry cleaning expenses and communication devices related to such personnel or employees, together with the costs of independent service contracts incurred in cleaning, maintenance and operation of the Building and Common Areas including without limitation policing, security, supervision, traffic control, janitorial, window cleaning, waste collection, recycling, snow removal and gardening services, maintenance of mechanical and electrical systems, elevators (if applicable), fire and life safety systems;
v) Lighting, electricity, public utilities, loudspeakers, public address and musical broadcasting systems, telephone answering service facilities and systems and information facilities and systems used in or serving the Land, Building, Common Areas or the Premises, including the cost of any electricity, fuel, water, telephone, steam, gas, sewage disposal, heating, ventilating, air conditioning or other u...
Operating Costs Definition. The Operating Costs are hereby defined as all costs related to the ownership, administration, management, maintenance, and operation of the Building, the Common Areas, the Project, as well as the Land, including but not limited to:
6.1.2.1 Real estate taxes, assessments, and appeals of taxes and assessments on the Project, the Building or any parts thereof (including the Land, Common Areas, and buildings), and personal property taxes associated with personal property used in the operation of the Project or any part thereof.
6.1.2.2 The total annual net costs and expenses of insuring lands, buildings, improvements and equipment, and other property in or forming part of the Project including, but not limited to, earthquake and flood insurance, in such manner and form and with such companies and with
6.1.2.3 Special taxes, licenses (other than taxes on income or profits), and permits and inspection fees from time to time payable by the Landlord with respect to the Project;
6.1.2.4 Salaries and wages (including employee benefits, worker's compensation, pension plan contributions, fringe benefits, severance pay, termination payments and similar payments and contributions) paid or payable to all personnel, including supervisory personnel and managers, and all costs of obtaining such personnel, to the extent that they are employed in connection with the operation or maintenance of the Project or any part thereof and further including the cost of building and cleaning supplies, tools and equipment, employee uniforms, dry cleaning expenses and communication devices related to such personnel or employees, together with the costs of independent service contracts incurred in cleaning, maintenance and operation of the Project including without limitation policing, security, supervision, traffic control, common area janitorial, exterior and lobby window cleaning, waste collection, recycling, snow removal and gardening services, maintenance of mechanical and electrical systems, elevators (if applicable), fire and life safety systems, fire extinguishers;
6.1.2.5 Lighting, electricity, public utilities, loudspeakers, public address and musical broadcasting systems, telephone answering service facilities and systems and information facilities and systems used in or serving the Project, including the cost of any electricity, fuel, water, telephone, steam, gas, sewage disposal, heating, ventilating, air conditioning or other utilities and services and the cost of replacing th...
Operating Costs Definition. (a) Except as otherwise excluded in subsection 4.3(b) below, the term "Operating Costs" shall include all Operating Costs incurred in maintaining and operating the Building, Real Property and Common Areas. The Operating Costs shall include (without limiting the generality of the foregoing) the following:
(1) all real estate taxes and assessments on the Real Property and Building which are attributable to the Lease term; (2) heat, air conditioning, utilities, insurance, janitorial and cleaning services; (3) a management fee (to cover the cost of salaries, wages, payroll taxes and other personnel cost of engineers, superintendents, and other employees in connection with the maintenance and operation of the Premises, Building and Real Property) in an amount equal to three and one-half percent (3.5%) of gross rent in the Building (defined as Basic Rent and Operating Costs less real estate taxes, assessments, insurance and excess electrical consumption, and excluding payment of the Link and Excess Cost Amortization (as defined in the Construction Agreement), Rent paid for the Link and Storage and, if Tenant elects to provide certain services as allowed under Section 6.1(b) or 6.1(e), less the cost of the services provided by Tenant); (4) all charges under third party maintenance and service contracts for heating and air conditioning equipment and controls, exterior window cleaning and Building and parking facilities maintenance; (5) security; (6) insurance provided by Landlord as set forth in Section 13;
Operating Costs Definition. Sections 4.5 of the Building A Lease and the Building C Lease are hereby amended to include the following exclusions from the definition of “Operating Costs”:
(n) Landlord’s costs associated with leasing any space within the CSLSC, including marketing costs and legal fees;
(o) Any costs associated with obtaining financing on the CSLSC, including closing costs and legal fees; and
(p) Any costs relating to improvements for other tenants within the CSLSC.
Operating Costs Definition
