Common use of Payment of Direct Expenses Clause in Contracts

Payment of Direct Expenses. (i) If Tenant's Percentage of the Direct Expenses paid or incurred by Landlord for any calendar year exceeds the Direct Expenses Base included in Tenant's rent, then Tenant shall pay such excess as additional rent.

Appears in 4 contracts

Samples: Letter Agreement (Accpac International Inc), Office Lease (Brightstar Information Technology Group Inc), Bernal Corporate (United Panam Financial Corp)

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Payment of Direct Expenses. (i) If Tenant's ’s Percentage of the Direct Expenses paid or incurred by Landlord for any calendar year exceeds the Direct Expenses Base included in Tenant's ’s rent, then Tenant shall pay such excess as additional rentAdditional Rent.

Appears in 2 contracts

Samples: Office Building Lease (Rimini Street, Inc.), Office Building Lease (Rimini Street, Inc.)

Payment of Direct Expenses. (i) If Tenant's Percentage of the Direct Expenses paid or incurred by Landlord for any calendar year exceeds the Direct Expenses Base included in Tenant's rent, then Tenant shall pay such excess as additional rentAdditional Rent.

Appears in 2 contracts

Samples: Sublease Agreement (GP Investments Acquisition Corp.), Office Lease (Bridge Capital Holdings)

Payment of Direct Expenses. (i) If Tenant's Percentage of the Direct Expenses paid or incurred by Landlord for any calendar year exceeds the Direct Expenses Base included in Tenant's rentBase Rent, then Tenant shall pay such excess as additional rentAdditional Rent.

Appears in 1 contract

Samples: Office Lease (Rimini Street, Inc.)

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Payment of Direct Expenses. (i) If Tenant's ’s Percentage of the Direct Expenses paid or incurred by Landlord for any calendar year exceeds the Direct Expenses Base included in Tenant's rent’s Rent, then Tenant shall pay such excess as additional rentAdditional Rent.

Appears in 1 contract

Samples: Office Lease (Embarcadero Technologies Inc)

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