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. 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. Tenant’s prorata share shall increase to 49.19% of the total building square footage of 41,330 square feet and 11.83% of the total project square footage of 171,828 square feet.
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. 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. 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%).
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
