Common use of OPERATING EXPENSES; REAL ESTATE TAXES Clause in Contracts

OPERATING EXPENSES; REAL ESTATE TAXES. This Sublease is a "triple net" or "NNN" sublease and Sublessee shall be responsible for paying directly for services such as utilities, janitorial costs, all operating expenses and annual increases (including without limitation building and common area maintenance such as parking, landscaping and lighting), costs of insurance, repairs, operations and real property taxes. Sublessee shall have the right to verify all operating expenses.

Appears in 4 contracts

Samples: Assignment and Assumption of Sublease (Marimba Inc), Sublease (Microcide Pharmaceuticals Inc), Assignment and Assumption of Sublease (Marimba Inc)

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