Outside Area Expenses Sample Clauses

Outside Area Expenses. “Outside Area Expenses” shall mean all costs to operate, manage, maintain, repair, replace, supervise, insure (including provision of general liability insurance, but excluding any costs excluded in Section 4(b)(2) above) and administer the Outside Areas, including but not limited to watering, fertilizing, landscaping, tree work, spraying, plant and tree replacement; lighting; signage; repair and replacement of paving and sidewalks, drainage, fossil filters, and fire system post-indicator valves; pickup and disposal of trash and other debris in the Outside Areas, clean-up and sweeping; fire line and water therefor; and any parking charges or other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by any governmental authority or insurer in connection with the use or occupancy of the Outside Areas and/or the Property.

Outside Area Expenses. “Outside Area Expenses” shall mean all costs to operate, manage, maintain, repair, replace, supervise, insure (including provision of general liability insurance) and administer the Outside Areas, including but not limited to watering, fertilizing, landscaping, tree work, spraying, plant and tree replacement; lighting; signage; repair and replacement of paving and sidewalks, drainage, fossil filters, and fire system post-indicator valves; pickup and disposal of trash and other debris in the Outside Areas, clean-up and sweeping; fire line and water therefore; and any parking charges or other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by any governmental authority or insurer in connection with the use or occupancy of the Outside Areas and/or the Property. Notwithstanding said provisions, if any improvement or replacement to the Outside Areas under this subparagraph has a useful life of more than five years, and costs in excess of $25,000, the cost of such improvement or replacement shall be fully amortized on a straight-line basis over the useful life of such improvement or replacement, with interest thereon at an annual rate equal to the prime rate then quoted by the Wall Street Journal, plus one percent (1%), and only the amortized portion of such cost and interest shall be included annually in the Outside Area Expenses due under this sub-paragraph.

Outside Area Expenses. All costs to operate, manage, maintain, repair, replace, supervise, insure (including provision of general liability insurance) and administer the Outside Area including, but not limited to, watering, fertilizing, landscaping, tree work, spraying, plant and tree replacement, lighting, signage (other than signage specific to any particular tenant of any portion of the Property), repair and replacement of paving and sidewalks, drainage, fossil filters, P.I.V.’s, trash pickup and disposal, clean-up and sweeping; fire line and water therefor; and any parking charges or other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by any governmental authority or insurer in connection with the use or occupancy of the Outside Area and/or the Property (collectively, “Outside Area Expenses”). Tenant’s share of the Outside Area Expenses shall be that percentage determined by dividing the rentable area of the Premises by the total rentable area of all buildings on the Property which the parties agree shall be 41.90% as of the date of this Lease.

Outside Area Expenses. Tenant shall pay to Landlord, as --------------------- Additional Rent, within thirty (30) days after receipt of billing but not more often than once each calendar month, Tenant's Pro Rata Share of the Outside Area Expenses. Tenant acknowledges and agrees that the Outside Area Expenses shall include an additional five percent (5%) of the actual expenditures in order to compensate Landlord for accounting and processing services. Tenant shall have the right to inspect the supporting records of Landlord with respect to the Outside Area Expenses. Notwithstanding anything contained in this Section 18, the term "Outside Area Expenses" shall not include, nor shall Tenant have any obligation to pay, any of the following: (i) depreciation on real property, interest expense or rent due pursuant to any underlying ground leases; (ii) the cost to correct any defective design or construction of the Outside Area; (iii) the cost to correct or repair damage to the Outside Areas to the extent it is required to be covered by insurance pursuant to Section 11.2 of the Lease or is covered by any warranty; (iv) the cost of any repair required or resulting from the negligence of Landlord, its agents or contractors or (v) any fee or compensation for management or administration of the Premises in addition to the referenced fee for accounting and processing services. Landlord shall use all reasonable efforts to obtain services and materials to be provided hereunder at the fair market value which would be charged by an independent third party providing such service or material.

Outside Area Expenses. All costs to maintain, repair, replace, supervise, insure (including provisions of public liability insurance) and administer the areas of the Property outside of the Premises ("outside Areas"), including parking areas, landscaping (including maintenance contracts), sprinkler systems, sidewalks, driveways, curbs, lighting systems, and utilities for Outside Areas.