Common use of Project Operating Costs Clause in Contracts

Project Operating Costs. (a) In order that the Rent payable during the Term reflect any increase in Project Operating Costs, Tenant agrees to pay to Landlord as additional Rent, Tenant's Proportionate Share of all increases in Project Operating Costs, as provided below. (b) If, during any calendar year of the Term, Project Operating Costs exceed the Project Operating Costs for the Base Year, Tenant shall pay to Landlord, in addition to the Base Rent and all other payments due under this Lease, an amount equal to Tenant's Proportionate Share of such excess Project Operating Costs in accordance with the provisions of this Section 5.3(b). (1) The term "Project Operating Costs" shall mean all those items described in the following subparagraphs (a) and (b).

Project Operating Costs. (a) a. In order that the Rent payable during the Term reflect any increase in Project Operating Costs, Tenant agrees to pay to Landlord as additional Rent, Tenant's Proportionate Share of all increases in costs, expenses and obligations attributable to the Project Operating Costsand its operation, all as provided below. (b) b. If, during any calendar year of during the Term, Project Operating Costs exceed the Project Operating Costs for the Base Year, Tenant shall pay to Landlord, in addition to the Base Rent and all other payments due under this Lease, an amount equal to Tenant's Proportionate Share of such excess Project Operating Costs in accordance with the provisions of this Section 5.3(b). (15.4b.(1) The term "Project Operating Costs" shall mean include all those items described in the following subparagraphs (a) and (b).

Project Operating Costs. (a) a. In order that the Rent payable during the Term reflect any increase in Project Operating Costs, Tenant agrees to pay to Landlord as additional Rent, Tenant's Proportionate Share of all increases in costs, expenses and obligations attributable to the Project Operating Costsand its operation, all as provided below. (b) b. If, during any calendar year of during the Term, Project Operating Costs exceed the Project Operating Costs for the Base Year, Tenant shall pay to Landlord, in addition to the Base Rent and all other payments due under this Lease, an amount equal to Tenant's Proportionate Share of such excess Project Operating Costs in accordance with the provisions of this Section 5.3(b)5.3b. (1) The term "Project Operating Costs" shall mean include all those items described in the following subparagraphs (a) and (b).. (See Addendum also)

Project Operating Costs. (a) a. In order that the Rent payable during the Term reflect any increase in Project Operating Costs, Tenant agrees to pay to Landlord as additional Rent, Tenant's Proportionate Share of all increases in costs, expenses and obligations attributable to the Project Operating Costsand its operation, all as provided below. (b) If, b. If during any calendar year of during the Term, Project Operating Costs exceed the Project Operating Costs for the Base Year, Tenant shall pay to Landlord, in addition to the Base Rent and all other payments due under this Lease, . an amount equal to Tenant's Proportionate Share of such excess Project Operating Costs in accordance with the provisions of this Section 5.3(b). 5.3b. (1) The term "Project Operating Costs" shall mean include all those items described in the following subparagraphs (a) and (b).

Project Operating Costs. (a) a. In order that the Rent payable during the Term reflect any increase Increase in Project Operating Costs, Tenant agrees to pay to Landlord as additional Rent, Tenant's Proportionate Share of all increases in costs, expenses and obligations attributable to the Project Operating Costsand its operation, all as provided below. (b) b. If, during any calendar year of during the Term, Project Operating Costs exceed the Project Operating Costs for the Base Year, Tenant shall pay to Landlord, in addition to the Base Rent and all other payments due under this Lease, an amount equal to Tenant's Proportionate Share of such excess Project Operating Costs in accordance with the provisions of this Section 5.3(b)5.3b. (1) The term "Project Operating Costs" shall mean include all those items Items described in the following subparagraphs (a) and (b).

Project Operating Costs. (a) a. In order that the Rent payable during the Term reflect any increase in Project Operating Costs, Tenant agrees to pay to Landlord as additional Rent, . Tenant's Proportionate Share of all increases in costs, expenses and obligations attributable to the Project Operating Costsand its operation, all as provided below. (b) b. If, during any calendar year of during the Term, Project Operating Costs exceed the Project Operating Costs for the Base Year, Tenant shall pay to Landlord, in addition to the Base Rent and all other payments due under this Lease, an amount equal to Tenant's Proportionate Share of such excess Project Operating Costs in accordance with the provisions of this Section 5.3(b)5.3b. *This is based upon approximately 32,000 rentable square feet and will be adjusted following a mutually agreed-upon floor plan. (1) The term The'term "Project Operating Costs" shall mean include all those items described in the following subparagraphs (a) and (b).