Second Premises C Extended Term Sample Clauses

Second Premises C Extended Term. With respect to the Second Premises C Extended Term, in lieu of paying Tenant’s Common Area Operating Expense Share and Tenant’s Building Operating Expense Share, Tenant shall, commencing as of January 1, 2013 and continuing with respect to each calendar year thereafter during the Second Premises C Extended Term, pay Operating Expense Excess to Landlord, except that the Operating Expense Base shall be based upon an Operating Expense Base Year of calendar year 2012. Operating Expense Excess payable with respect to the calendar year in which the Second Premises C Extended Term terminates shall be apportioned based upon the portion of such calendar year which occurs during the Second Premises C Extended Term.

Second Premises C Extended Term. The Base Rent during the Second Premises C Extended Term shall be based upon ninety-five (95%) percent of the Fair Market Rental Value, as defined in Section 5.6, as of July 25, 2012, provided however, that in no event shall the sum of Base Rent, Operating Expense Excess, as hereinafter defined, and Tax Excess, as hereinafter defined, payable by Tenant in respect of the Premises C Extended Term Portion for any twelve-(12)- month period during the Premises C Additional Extension Term be less than the sum of Base Rent, Operating Expense Excess and Tax Excess payable by Tenant in respect of the Premises C Extended Term Portion for the twelve-(12)-month period immediately preceding the commencement of the Premises C Additional Extension Term.