Operating Expenses; Taxes. (a) Tenant agrees to reimburse Landlord throughout the Term, as “Additional Rent” hereunder, for Tenant’s Share (as defined below) of: (i) the annual Operating Expenses (as defined below) for each calendar year, or portion thereof, during the Term; and (ii) the annual Taxes (as defined below) for each calendar year, or portion thereof, during the Term. The term “
Operating Expenses; Taxes. During the Extension Term, Tenant shall continue to pay Tenant’s Proportionate Share of Operating Expenses and Taxes, as set forth in the Lease.
Operating Expenses; Taxes. As the Hospital Lease is a triple net lease, Buyer and Seller hereby agree and acknowledge that Hospital Tenant is liable for all expenses of the Property, including the payment of real and personal property taxes and assessments, and there shall be no credits or prorations at the Close of Escrow with respect to the costs and expenses associated with owning or operating the Property.
Operating Expenses; Taxes. 13.1 During the first eleven (11) months of the Sublease Term consisting of the period from February 1, 1996, through and including December 31, 1996, Subtenant shall have no separate obligation to reimburse Sublandlord for any portion of the "Operating Expenses" (as defined in the Overxxxxx) xx "Property Taxes" (as defined in the Overxxxxx) xx the Base Rent during that period includes a component for such charges. The parties hereby estimate that the component charge for Operating Expenses and Property Taxes is $.65 per square foot. At the expiration of the 1996 calendar year (the "Base Year"), Sublandlord shall provide Subtenant with a statement of the Operating Expenses and Property Taxes paid by Sublandlord under the Overxxxxx xxxing the Base Year.
Operating Expenses; Taxes. (a) Tenant shall pay to the Landlord the Tenant’s Proportionate Share of the Operating Expenses (as hereinafter defined) and Taxes (as hereinafter defined) for each calendar year of the Term, plus all sales tax due thereon for each applicable portion of the Project. Tenant’s obligation to pay its Tenant’s Proportionate Share of Operating Expenses and Taxes shall commence as of the Commencement Date. Any unallocated Operating Expenses of the Project shall be allocated to Tenant and paid by Tenant in accordance with Tenant’s Proportionate Share.
Operating Expenses; Taxes. Tenant will pay, as Additional Rent during the Term, in addition to Base Rent hereunder an amount equal to Xxxxxx’s Proportionate Share of the excess of Operating Expenses and Taxes for each calendar year over Tenant’s Proportionate Share of Operating Expenses and Taxes for the Base Year (collectively, “Excess Operating Expenses and Taxes”). Tenant’s Proportionate Share” shall mean 19.86
Operating Expenses; Taxes. 6.1 (a) This Lease is a net, net, net lease, it being the intention of the parties that Tenant shall pay as Additional Rent without offset, all costs of maintenance, taxes and other charges that are assessed or levied against the Demised Premises, including without limitation, the costs, taxes and charges set forth in this Lease during the Term. All taxes, charges, costs, municipal water and sewer charges and expenses which Tenant assumes or agrees to pay under this Lease, together with all interest and penalties that may accrue thereon in the event of Tenant’s failure to pay the same as provided herein, all other damages, costs and expenses which Landlord may suffer or incur and all other sums which may become due, by reason of any default of Tenant or failure on Tenant’s part to comply with the covenants, agreements, terms and conditions of this Lease shall be deemed to be Additional Rent.
Operating Expenses; Taxes. Tenant remains liable to pay Excess Taxes and Excess Expenses with respect to the Premises (including the Expansion Premises) pursuant to Article 5 of the Lease.
Operating Expenses; Taxes. 10 Section 6.01
Operating Expenses; Taxes. At all times after the Expansion Commencement Date, Tenant shall pay its Proportionate Share of Operating Expenses and Taxes as set forth in the Lease, but on the entire Premises.
