Common use of Payment of Operating Costs by Tenant Clause in Contracts

Payment of Operating Costs by Tenant. In addition to the Base Rent, Tenant agrees to pay as Additional Rent to Landlord Tenant’s Share of estimated Operating Costs in excess of the Operating Costs for the Building for 2004, on a per rentable square foot per annum basis and adjusted as required herein (the “Initial Operating Costs”), which Additional Rent shall be due in twelve (12) equal installments in each Lease Year. All subsequent payments of Tenant’s Share of Operating Costs shall be due and payable without demand, deduction or set off in advance on or before the first day of each month of the Lease Term. During any Lease Year within the Lease Term that is less than twelve (12) full months, any amount to be paid with respect to such period shall be proportionately adjusted based on that portion of the Lease Year that this Lease is in effect.

Payment of Operating Costs by Tenant. In addition to the Base Rent, Tenant agrees to pay as Additional Rent to Landlord Tenant’s 's Share of estimated Estimated Operating Costs in excess of the Operating Costs for the Building for 2004, the calendar year 2000 on a per rentable square foot per annum basis and adjusted as required herein (the “"Initial Operating Costs”"), which Additional Rent shall be due in twelve (12) equal installments in each Lease Year. All subsequent payments of Tenant’s 's Share of Operating Costs shall be due and payable without demand, deduction or set off in advance on or before the first day of each month of the Lease Term. During any Lease Year within the Lease Term that is less than twelve (12) full months, any amount to be paid with respect to such period shall be proportionately adjusted based on that portion of the Lease Year that this Lease is in effect.