Common use of Operating Expenses Exclusions Clause in Contracts

Operating Expenses Exclusions. 1.1 any increase in Landlord’s insurance rates which may result from the negligent failure of Landlord or its agents, employees or contractors to comply with the provisions of this Lease; 1.2 depreciation; 1.3 interest on and amortization of debt; 1.4 the cost of leasehold improvements, including redecorating work, for other tenants of the Building; 1.5 fees and expenses (including legal and brokerage fees) for procuring new tenants for the Building; 1.6 costs incurred in financing or refinancing of the Building; 1.7 the cost of any work or service performed for any tenant in the Building (other than Tenant) to a materially greater extent or in a materially more favorable manner than that furnished generally to tenants (including Tenant) in the Building; 1.8 the cost of any repair or replacement which would be required to be capitalized under generally accepted accounting principles except as set forth in Section 29 K(a)1.11; 1.9 the cost of any item included in Operating Expenses to the extent that Landlord is actually reimbursed for such cost by an insurance company, a condemning authority, another tenant of any other party; 1.10 ground rent; 1.11 to the extent paid for from the management fee, wages, salaries or other compensation paid to any employees at or below the grade of Building manager, and in any event, salaries or other compensation paid to employees above such grade; 1.12 wages, salaries or other compensation paid for clerks or attendant in concessions or newsstands operated by Landlord; 1.13 the cost of correcting defects (latent or otherwise) in the construction of the Building or in the Building equipment, except that conditions (other than construction defects) resulting from ordinary wear and tear shall not be considered defects for purposes hereof; 1.14 the cost of installing, operating and maintaining any specialty service (e.g., observatory, broadcasting facility, luncheon club, retail stores, newsstands or recreational club); 1.15 any costs representing an amount paid to a corporation related to Landlord which is in excess of the amount which would have been paid to an unrelated entity performing the same service; 1.16 payments for rented equipment outside the ordinary course of business; and 1.17 any expenses for repairs or maintenance to the extent reimbursed by warranties or service contracts.

Operating Expenses Exclusions. 1.1 any increase in Landlord’s 's insurance rates which may result from the negligent failure of Landlord or its agents, employees or contractors to comply with the provisions of this Lease; 1.2 depreciation; 1.3 interest on and amortization of debt; 1.4 the cost of leasehold improvements, including redecorating work, for other tenants of the Building; 1.5 fees and expenses (including legal and brokerage fees) for procuring new tenants for the Building; 1.6 costs incurred in financing or refinancing of the Building; 1.7 the cost of any work or service performed for any tenant in the Building (other than Tenant) to a materially greater extent or in a materially more favorable manner than that furnished generally to tenants (including Tenant) in the Building; 1.8 the cost of any repair or replacement which would be required to be capitalized under generally accepted accounting principles except as set forth in Section 29 K(a)1.11; 1.9 the cost of any item included in Operating Expenses to the extent that Landlord is actually reimbursed for such cost by an insurance company, a condemning authority, another tenant of any other party; 1.10 ground rent; 1.11 to the extent paid for from the management fee, wages, salaries or other compensation paid to any employees at or below the grade of Building manager, and in any event, . salaries or other compensation paid to employees above such grade; 1.12 wages, salaries or other compensation paid for clerks or attendant in concessions or newsstands operated by Landlord; 1.13 the cost of correcting defects (latent or otherwise) in the construction of the Building or in the Building equipment, except that conditions (other than construction defects) resulting from ordinary wear and tear shall not be considered defects for purposes hereof; 1.14 the cost of installing, operating and maintaining any specialty service (e.g., observatory, broadcasting facility, luncheon club, retail stores, newsstands or recreational club); 1.15 any costs representing an amount paid to a corporation related to Landlord which is in excess of the amount which would have been paid to an unrelated entity performing the same service; 1.16 payments for rented equipment outside the ordinary course of business; and 1.17 any expenses for repairs or maintenance to the extent reimbursed by warranties or service contracts.