REAL ESTATE TAXES AND OPERATING EXPENSES Sample Clauses
REAL ESTATE TAXES AND OPERATING EXPENSES. Both prior to November 1, 2007, and continuing throughout the Extended Term, Tenant shall continue to pay Tenant’s proportionate share of Operating Expenses and Tax Expenses in connection with the Premises in accordance with the terms of the Lease.
REAL ESTATE TAXES AND OPERATING EXPENSES. Effective as of October 1, 1998, Tenant shall be obligated to make monthly payments of additional rent for Real Estate Taxes and Operating Expenses related to the Expansion Space, in accordance with Section 3 of the Addendum to the Lease. 6 Condition. Tenant agrees to accept the Expansion Space in “as-is” condition. Any renovations to the Expansion Space shall be made at Tenant’s sole cost and expense.
REAL ESTATE TAXES AND OPERATING EXPENSES. Section 7.1 The following terms shall have the meanings set forth below:
REAL ESTATE TAXES AND OPERATING EXPENSES a) The following terms shall be defined as hereinafter provided:
REAL ESTATE TAXES AND OPERATING EXPENSES. In addition to Base Rent, Sublessee shall pay as additional rent the Sublessee’s Percentage (as defined below) of amounts from time to time payable by Sublessor to Prime Lessor under the terms of the Prime Lease for: (i) Real Estate Taxes for the Building in excess of Real Estate Taxes for the year of 2014 and (ii) Operating Expenses for the Building in excess of Operating Expenses for the year of 2014. The Real Estate Taxes and Operating Expenses for the Subleased Premises are described in Article 5 of the Prime Lease, notwithstanding any modification thereof by the First Amendment. Rent for any partial month shall be prorated and paid on the first day of such month. As used in this Sublease, “Sublessee’s Percentage” shall mean that percentage that from time to time constitutes the ratio that the rentable square feet in the Subleased Premises bears to rentable square feet in the Building with respect to which Sublessor from time to time pays additional rent in respect of Real Estate Taxes or Operating Expenses. As of the date of this Sublease, the Sublessee’s Percentage is 25.68%.
REAL ESTATE TAXES AND OPERATING EXPENSES. 9 4.1. Tenant Shall Pay Increases in Real Estate Taxes and Operating Expenses 9 4.2. Definition of Real Estate Taxes 10 4.3. Definition of Operating Expenses 12 4.4. Tenant's Right to Audit 13 4.5. Tenant Shall Pay for Taxes Levied on its Property 13 ARTICLE 5 - UTILITIES USED IN THE PREMISES 13 5.1. Tenant Shall Pay for all Utility Costs 13 5.2. No Liability for Interruption in Utilities 13 5.3. Intra-Building Network Cable 14
REAL ESTATE TAXES AND OPERATING EXPENSES. A. During each full or partial calendar year during the Term of this Lease Agreement, Tenant shall pay to Landlord, as Additional Rental, an amount equal to the estimated Real Estate Taxes and Operating Expenses (both as hereinafter defined).
B. Landlord shall, each year during the Term of this Lease Agreement, give Tenant an estimate of Operating Expenses and Real Estate Taxes payable for the coming calendar year. Tenant shall pay, as Additional Rental, along with its monthly Minimum Rental payments required hereunder, one-twelfth (1/12) of such estimated Operating Expenses and Real Estate Taxes and such Additional Rental shall be payable until subsequently adjusted for the following year pursuant to this Article.
C. As soon as possible after the expiration of each calendar year, but no later than March 1, Landlord shall determine and certify to Tenant in a written statement the actual Operating Expenses and Real Estate Taxes for the previous year. If such statement shows that Landlord's payments of Operating Expenses and Real Estate Taxes exceeds Tenant's estimated monthly payments for the previous calendar year, then Tenant shall, within twenty (20) days after receiving Landlord's certification, pay such deficiency to Landlord. In the event of an overpayment by Tenant, such overpayment shall be refunded to Tenant, at the time of certification, in the form of an adjustment in the Additional Rental next coming due, or if at the end of the Term by a refund to be delivered along with the statement of actual Operating Expenses and Real Estate Taxes.
D. For the purposes of this Article, the term "Real Estate Taxes" means the total of all taxes, fees, charges and assessments, general and special, ordinary and extraordinary, foreseen or unforeseen, which become due or payable upon the Building during the Term. All reasonable costs and expenses incurred by Landlord during negotiations for or contests of the amount of Real Estate Taxes shall be included within the term "Real Estate Taxes", provided, provided that the fees of attorneys and consultants may only be included if they are paid on a contingent fee basis. In the event that any such negotiation, contest or appeal results in a refund of Real Estate Taxes for any year, Tenant shall be entitled to receive such refund, pro-rated for the period with respect to which Tenant paid Real Estate Taxes for such year, after deducting from the refund Tenant payment of the reasonable cost of such negotiation, contest or...
REAL ESTATE TAXES AND OPERATING EXPENSES. (a) In addition to the Base Rent, Tenant shall pa y to Land lord as “Additional Rent” an amount equal to Tenant’s Proportionate Share of the Operating Expenses and Taxes for each calendar year, whether or not same has previously been paid by Landlord. Such amounts shall be prorated for any partial calendar year at the beginning or end of the Lease Term.
REAL ESTATE TAXES AND OPERATING EXPENSES. Commencing February 1, 1990, Tenant shall pay to Landlord, as additional rent, the entire (100%) real estate taxes imposed upon the Premises by the municipality in which the Premises are located ("Tax Rent"). Tenant shall pay Landlord Tax Rent within ten (10) days of Landlord's presentation to Tenant by Landlord of a statement of actual taxes due, which statement shall include a copy of .the actual tax xxxx. In addition, Tenant shall pay all taxes upon its personal property, fixtures, signs and equipment in or upon the Premises.
REAL ESTATE TAXES AND OPERATING EXPENSES a. During the Lease Term, Tenant shall pay Landlord as Additional Rent "Tenant's Pro Rata Share" of (i) the "Operating Expenses" allocable to the Property from July 1 to June 30 during each year of the Lease Term and (ii) the amount by which "Real Estate Taxes" allocable to the Property from July 1 to June 30 during each year of the Lease Term increase over the "Real Estate Taxes" allocable to the Property during July 1, 1998 to June 30, 1999 (the "Tax Base Year"). For the purposes of this Section 6: