Common use of Proportionate Shares Clause in Contracts

Proportionate Shares. An exhibit to such New Lease comparable to Schedule 2 attached to this Lease shall include a Tenant’s Proportionate Share for each Facility located on the Transferred Premises covered by the New Lease equal to the percentage that the Fixed Rent allocable to such Facility under the New Lease comprises of the aggregate Fixed Rent for all Facilities located on all of the Transferred Premises under such New Lease (and the aggregate of all such Tenant’s Proportionate Shares under such New Lease shall equal one hundred percent (100%)).

Appears in 2 contracts

Samples: Master Lease Agreement (Emeritus Corp\wa\), Master Lease Agreement (Capital Senior Living Corp)

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Proportionate Shares. An exhibit to such New Lease comparable to Schedule 2 attached to this Lease shall include a Tenant’s 's Proportionate Share for each Facility located on the Transferred Premises covered by the New Lease Lease, equal to the percentage that the Fixed Rent allocable to for such Facility under the New Lease comprises of the aggregate Fixed Rent for all Facilities located on all of the Transferred Premises under such New Lease (and the aggregate of all such Tenant’s 's Proportionate Shares under such New Lease shall equal one hundred percent (100%)).

Appears in 1 contract

Samples: Master Lease Agreement (Ventas Inc)

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Proportionate Shares. An exhibit to such New Lease comparable to Schedule 2 attached to this Lease shall include a Tenant’s 's Proportionate Share for each Facility located on the Transferred Premises covered by the New Lease equal to the percentage that the Fixed Rent allocable to such Facility under the New Lease comprises of the aggregate Fixed Rent for all Facilities located on all of the Transferred Premises under such New Lease (and the aggregate of all such Tenant’s 's Proportionate Shares under such New Lease shall equal one hundred percent (100%)).

Appears in 1 contract

Samples: Master Lease Agreement (Capital Senior Living Corp)

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