Property Taxes and Operating Expenses. (a) In addition to the Base Rent payable pursuant to Section 3.1 above, from and after the Base Year, for each calendar year of the Term, Subtenant, as Additional Rent, shall pay to Sublandlord, Subtenant's Percentage Share (as defined below) of (1) the amount by which Property Taxes (as defined in Section 3 of the Master Lease) payable by Sublandlord for the Master Lease Premises for the then current calendar year exceeds Base Property Taxes (as defined below), and (2) the amount by which Operating Expenses (as defined in Section 3 of the Master Lease) payable by Sublandlord for the Master Lease Premises for the then current calendar year exceeds Base Operating Expenses (as defined below). Operating Expenses shall not include any Ground Rent payable under the Master Lease, and Subtenant shall not be responsible for payment of any share of Ground Rent.
(b) Sublandlord shall give Subtenant written notice of Sublandlord's estimate of the amount of Additional Rent per month payable pursuant to this Subsection for each calendar year of the Term following the Base Year, promptly following the Sublandlord's receipt of Landlord's estimate of the Property Taxes and Operating Expenses payable under the Master Lease for the applicable calendar year. Such estimate may be adjusted by Sublandlord from time to time during the calendar year, by written notice to Subtenant. On or before the first day of each month during each calendar year, Subtenant shall pay to Sublandlord as Additional Rent one-twelfth (1/12th) of such estimated amount together with the Base Rent.
(c) Sublandlord shall also give Subtenant written notice of the actual amount of Property Taxes and Operating Expenses payable for each calendar year, promptly following Sublandlord's receipt of the annual statement of such amounts from Landlord, which notice shall include a copy of Landlord's annual statement. If on the basis of such statement Subtenant owes an amount that is less than the estimated payments for the calendar year just ended, previously paid by Subtenant, Sublandlord shall credit such excess to the next payments of Rent coming due or, if the term of this Sublease is about to expire, refund such excess to Subtenant within thirty (30) days after such expiration. If on the basis of such statement Subtenant owes an amount that is more than the estimated payments for the calendar year just ended previously made by Subtenant, Subtenant shall pay the deficiency to Sublandlord within thirty (30) days...
Property Taxes and Operating Expenses. The Sub-Tenant shall be responsible and pay for its proportionate share of building property taxes and operating expenses plus applicable taxes currently estimated to be Fifteen Dollars and Ninety Five Cents ($15.95) per square foot per annum for the year ending December 31st, 2010. The Sub-Tenant shall also pay for its business taxes and telephone charges. Live Current Media Inc. Furniture Item Description Amount Label # Markerboard wall-mounted, aluminum frame 1 LCM001 Office Chair wheely, black/dark grey 6 LCM002 - LCM007 Oval Meeting Table laminate, white 1 LCM008 Projector ceiling-mounted 1 LCM009 Shelving Unit installed, birch 3 LCM010 - LCM 012 Office Chair wheely, black/dark grey 8 LCM013 - LCM020 Oval Meeting Table dark xxxxx 1 LCM021 Credenza with 1 steel sliding door, white 1 LCM022 Desk white table top, 2 silver Y-bases 1 LCM023 Filing Cabinet Unit with 2-3" drawer, 4-10.5" drawers, bottom, white 1 LCM024 Office Chair wheely, black/dark grey 1 LCM025 Overdesk Unit 21" tall, open overhead and partial steel sliding door, white 1 LCM026 Side Chair Upholstered back, arms, black 2 LCM027, LCM028 Credenza with 1 steel sliding door, white 1 LCM029 Desk white table top, 2 silver Y-bases 1 LCM030 Filing Cabinet Unit with 2-3" drawer, 4-10.5" drawers, bottom, white 1 LCM031 Office Chair wheely, black/dark grey 1 LCM032 Overdesk Unit 21" tall, open overhead and partial steel sliding door, white 1 LCM033 Side Chair Upholstered back, arms, black 2 LCM034, LCM035 Credenza with 1 steel sliding door, white 1 LCM036 Desk white table top, 2 silver Y-bases 1 LCM037 Filing Cabinet Unit with 2-3" drawer, 4-10.5" drawers, bottom, white 1 LCM038 Office Chair wheely, black/dark grey 1 LCM039 Overdesk Unit 21" tall, open overhead and partial steel sliding door, white 1 LCM040 Side Chair Upholstered back, arms, black 2 LCM041, LCM042 Furniture Item Description Amount Label # Conference Round Table 36 dia, white table top with chrome base 1 LCM043 Credenza with 1 steel sliding door, white 1 LCM044 Desk white table top, 2 silver Y-bases 1 LCM045 Filing Cabinet Unit with 2-3" drawer, 4-10.5" drawers, bottom, white 1 LCM046 Office Chair wheely, black/dark grey 1 LCM047 Side Chair Upholstered back, arms, black 6 LCM048 - LCM053 Desk white table top, 2 silver Y-bases 1 LCM054 Office Chair wheely, black/dark grey 1 LCM055 Small Storage Units wheely, white, upholstered top 1 LCM056 Coffee Table grey, glass top 1 LCM057 Lounge Chairs white, square 3 LCM058 - LCM060 Office Chair ...
Property Taxes and Operating Expenses. Section 3.1 Payment of Property Taxes and Operating Expenses. Tenant will pay, as Additional Rent and in the manner this Article 3 describes, Tenant’s Share of Expenses for each and every calendar year of the Term. If the Term includes any partial calendar years, or Tenant is otherwise required under this Lease to pay Tenant’s Share of Expenses for only part of a full calendar year, then Landlord will prorate Tenant’s Share of Expenses for the applicable calendar year on a per diem basis based on the number of days of the Term within such calendar year or period within which Tenant is required to pay Tenant’s Share of Expenses (as applicable).
Property Taxes and Operating Expenses. Tenant shall be liable for and shall pay before delinquency all taxes and assessments, and penalties and interest thereon, if any, levied against Tenant's property and any other personal property of whatsoever kind and to whomsoever belonging situate or installed in and upon the Leased Premises, whether or not affixed to the realty. Tenant shall be liable for and shall pay before delinquency all real property taxes upon the Leased Premises.
Property Taxes and Operating Expenses payable for the calendar year in which this lease commences or terminates will be prorated on the basis of a 365 day year, the Tenant paying the Tenant's proportionate share of these items for the calendar year in which this lease commences or terminates in proportion to that part of the calendar year during which the Tenant has possession of the Leased Premises. Tenant will pay Tenant's estimated share of the Property Taxes and Operating Expenses in equal monthly installments of $1,300, together with the rent, within five (5) days after the end of each month. Within 45 calendar days after the end of each calendar year, the Landlord will xxxx the Tenant for any balance due or remit any overpayment. With respect to the calendar year during which this lease terminates, Tenant shall pay as additional rent the Tenant's proportionate share of Property Taxes and Operating Expenses, as estimated by Landlord, without year-end adjustment.
Property Taxes and Operating Expenses. Subject to the terms of the Head Lease (as defined below), the Sublandlord shall be responsible for structural repairs and structural maintenance to the Building. The Subtenant shall be responsible and pay for its proportionate share of building property taxes and operating expenses, plus applicable taxes, currently estimated to be $16.86 per square foot per annum for 2013, as described in the Head Lease, to be attached hereto as Schedule “B” between the Sublandlord and Head Landlord.
Property Taxes and Operating Expenses. (a) Tenant shall pay, during the term, the percentage share specified in the Basic Lease Information of the full amount of all Property Taxes assessed in respect of the Property, and such percentage share of the full amount of all Operating Expenses paid or incurred by Landlord. If during any calendar year during the term, the Building is not fully occupied on the average, Operating Expenses and Property Taxes shall be adjusted to equal Landlord's reasonable estimate of Operating Expenses and Property Taxes had the total rentable area of the Building been fully occupied during such calendar year.
(b) For the purposes hereof, "Property Taxes" shall mean all real property taxes, assessments or governmentally imposed fees or charges (and any tax or assessment levied wholly or partly in lieu thereof) levied, assessed, confirmed, imposed, or which become a lien against the Property or payable during the term, including without limitation, any tax or assessment imposed by a governmental authority in connection with, or in the event of, a change in ownership of the Property. Property Taxes shall, also include the cost of protesting real property taxes and assessments.
Property Taxes and Operating Expenses. It is understood and agreed between the Parties that the rent and security guard costs described in Section Four above, shall compensate LESSOR for TENANT’S pro rata share of any and all normal operating expenses attributable to the building complex, the building, or the Demised Premises. There shall be no pass-through of property tax or any type of operating expense to TENANT or LESSEE. “Normal operating expenses” do not include expenses for special needs of LESSEE or TENANT not routinely provided by XXXXXX as of the beginning date of this Lease.
Property Taxes and Operating Expenses. The Landlord shall be responsible for repairs as provided in the Lease. The Tenant shall be responsible and pay for its proportionate share of Taxes and CAM Costs as those terms are described in the Lease. Except as otherwise provided in the Lease, the Lease shall be net to the Landlord. The Tenant shall not be responsible for any portion of the Landlord's income taxes. The Tenant shall also pay for its business taxes, telephone charges, utilities and janitorial services. For information purposes only, the Landlord estimates the CAM Costs and Taxes for 2002 at Eleven Dollars and Forty Two Cents ($11.42) per square foot per annum. The estimate of Taxes include the Second Building (as hereinafter defined) expansion land and Taxes while it is held undeveloped. As part of the consideration for holding the Second Building expansion off the market for the Tenant, the Tenant will pay this as part of the holding costs for the Second Building expansion. Taxes attributable to the Second Building shall be apportioned across the Second Building upon completion of the Second Building.
Property Taxes and Operating Expenses. DEFINITIONS.................8 --------- 3.1 Property Taxes.................................................8 3.2
