Common use of PRORATION AND ADJUSTMENT OF OPERATING EXPENSES Clause in Contracts

PRORATION AND ADJUSTMENT OF OPERATING EXPENSES. If this Lease commences on other than the first day of a calendar year, or if this Lease expires on other than the last day of a calendar year, then the Operating Expenses for all of such calendar year shall be prorated according to the portion of the Term that occurs during such calendar year. If at any time the Building is not fully occupied or Landlord is not supplying all services to all portions of the Building during an entire calendar year, then, at Landlord's option, that portion of Operating Expenses, the Actual Operating Expense and the Estimated Operating Expense that varies with occupancy shall be adjusted as though the Building had been fully occupied and Landlord were supplying all services to all portions of the Building during the entire calendar year.

PRORATION AND ADJUSTMENT OF OPERATING EXPENSES. If this Lease commences on other than the first day of a calendar year, or if this Lease expires on other than the last day of a calendar year, then the Operating Expenses for all of such calendar year shall be prorated according to the portion of the Term that occurs during such calendar year. If at any time the Building is not fully occupied or Landlord is not supplying all services to all portions of the Building during an entire calendar year, then, at Landlord's option, that portion of Operating Expenses, the Actual Operating Expense Increase and the Estimated Operating Expense that varies with occupancy Increase shall be adjusted as though the Building had been fully ninety-five percent (95%) occupied and Landlord were supplying all services to all such portions of the Building during the entire calendar year.