Prorata Share. If the Property shall be part of or shall include a complex, development or group of buildings or structures collectively owned or managed by Landlord or its affiliates or collectively managed by Landlord's managing agent, Landlord may allocate Taxes and Operating Expenses within such complex, development or group, and between such buildings and structures and the parcels on which they are located, in accordance with sound accounting and management principles. In the alternative, Landlord shall have the right to determine, in accordance with sound accounting and management principles, Tenant's Prorata Share of Taxes and Operating Expenses based upon the totals of each of the same for all such buildings and structures, the land constituting parcels on which the same are located, and all related facilities, including common areas and easements, corridors, lobbies, sidewalks, elevators, loading areas, parking facilities and driveways and other appurtenances and public areas, in which event Tenant's Prorata Share shall be based on the ratio of the rentable area of the Premises to the rentable area of all such buildings.
Prorata Share. Owner shall notify Tenant from time to time of the amount which Owner estimates will be Tenant's monthly prorata share of the taxes as provided in 3.02.01 above, insurance as provided in 3.02.02 above, and repairs and maintenance as provided in 3.02.03(b) above for the calendar year or portion thereof and Tenant shall pay to Owner such amount monthly in advance on or before the first day of each month for the calendar year. Owner shall submit to Tenant annually a statement showing the taxes, insurance, repairs and maintenance to be paid by Tenant during the preceding calendar year, the amount thereof paid by Tenant during the preceding calendar year, and the amount of the resulting balance due thereon, or overpayment thereof, as the case may be. Any overpayment or underpayment shall be considered by the Owner in setting the estimate of the Tenant's prorata share of said costs for the succeeding calendar year.
Prorata Share. Each of the undersigned OWNERS, either singularly or collectively, agree to pay their share of the costs maintaining and repairing the private street or roadway so that the private street or roadway remain in good and passable condition. This may include but not limited to snow removal, grading, surfacing, patching, cleaning of parallel drainage, and other regular maintenance. These costs of maintenance shall be shared equally between all the OWNERS which shall be using this driveway for access to their lots.
Prorata Share. Clause (i) of the Definitions of the Lease shall be deleted in its entirety and replaced with the following: From the date hereof through the Suite 316 Expansion Space Commencement Date 8.68%; From and after the Suite 316 Expansion Space Commencement Date through the day preceding the Suite 100 Expansion Space Commencement Date, 9.33%; From and after the Suite 100 Expansion Space Commencement Date through the day preceding the Suite 310 Expansion Space Commencement Date, 13.38%; From and after the Suite 310 Expansion Space Commencement Date, 15.34%. 8. Suite 100 Tenant Improvements. Tenant shall take the Suite 100 Expansion Space in its "as-is" condition with the following modifications to be made by the Landlord (the "Suite 100 Expansion Space Tenant Improvements"): Landlord agrees to provide Tenant with the total allowance of $6.16 per square foot of the Suite 100 Expansion Space (Twenty Three Thousand One Hundred Sixty Two Dollars ($23,162.00)) (the "Suite 100 Expansion Space Tenant Allowance") toward the construction of Suite 100 Expansion Space Tenant Improvements to be made to the Suite 100 Expansion Space by Landlord in accordance with the plans (the "Plans") to be attached hereto as Exhibit C, which plans will be approved by both Landlord and Tenant. If the cost to construct the Suite 100 Expansion Space Tenant Improvements pursuant to the Plans exceeds the Suite 100 Expansion Space Tenant Allowance, Tenant shall pay Landlord within ten (10) days of Tenant's receipt of an invoice from Landlord, as additional rent in cash or certified funds, an amount equal to the difference between the cost to construct the Suite 100 Expansion Space Tenant Improvements and the Suite 100 Expansion Space Tenant Allowance. Tenant agrees it shall not make any changes to the Plans without obtaining the prior written consent of Landlord. In the event Tenant shall make changes to the Plans that are approved by Landlord and which result in an additional cost to Landlord of completing the Suite 100 Expansion Space Tenant Improvements in excess of the Suite 100 Expansion Space Tenant Allowance, Tenant shall pay to Landlord prior to construction of such changes, as additional rent, any increase in the cost of completing the Suite 100 Expansion Space Tenant Improvemnents resulting from such changes in the Plans. In the event Tenant, its employees or agents, causes any delays or is otherwise responsible, in whole or in part, for any additional costs in excess of the Suite 100 E...
Prorata Share. The Lessor agrees, as a condition of this Lease, that for the period of October 1, 1997 through and including January 31, 1998 shall be 7.44%. Beginning February 1, 1998 through and including May 31, 1999, the Lessee's prorata share of Additional Rent shall be 11.82
Prorata Share. Lessor and Xxxxxx hereby agree that Xxxxxx's prorata share of property taxes and insurance indicated as Lessor's responsibility shall be 95.5% of the total amount paid by Lessor. Lessee's liability and property insurance requirements as of Lessee - 100%. This "prorata share" shall also apply to Xxxxxx's share of property "Operating Expenses" in the event they are not separately metered or billed. Said "operating expenses" may include, but not be limited to common area lighting (interior and exterior), common area maintenance (interior and exterior), management fees, trash disposal, common area janitorial services, etc.
Prorata Share. Commencing October 1, 2002, Tenant's Pro Rata Share of Operating Expenses shall be 40.28%. Commencing on the date Tenant commences leasing the Second Expansion Area, Tenant's Pro Rata Share of Operating Expenses shall be 69.03%. Commencing on the date Tenant vacates and surrenders possession of the First Expansion Area, Tenant's Pro Rata Share shall be 63.93%.
Prorata Share. All taxes and assessments of whatever kind or nature and penalties and interest thereon, if any, levied against Tenant, other than Xxxxxx's personal property as set forth in Paragraph 4.02(a) herein, shall be determined based upon Xxxxxx's prorata portion of said tax and/or assessment equal to Xxxxxx's Proportionate Share.
Prorata Share. LESSEE'S prorata share of the cost of the common area maintenance and the prorata share of any increase in property taxes of insurance premiums shall be 32.2%, which share is computed on the basis of the ratio between the gross rentable area (approximately 27,239 sq ft) of the premises and the total gross rentable area (approximately 8,784 sq ft) constructed at Suite 180. If lessee exercises its option to lease Suite 150 per paragraph 49 of this lease, lessee's prorata share of the common area will increase to 39%.
Prorata Share. The term "Prorate Share" shall mean the percentage determined by dividing the square footage of gross leasable area in the Building by the total of square footage of gross leasable area of the Building and the Second Building. In the event the Second Building is comprised of 100,186 gross square feet, then Tenant's Prorata Share shall be thirty-seven percent (37%).
