Common use of Tax and Operating Expense Adjustment Clause in Contracts

Tax and Operating Expense Adjustment. In addition to the Rent ------------------------------------ Adjustment, during each calendar year subsequent to the Base Year, the Base Rent shall be increased by (collectively, the "Tax and Operating Expense Adjustment"): (i) Tenant's Percentage Share of the total dollar increase, if any, in Property Taxes for such year over Property Taxes for the Base Year; and (ii) Tenant's Percentage Share of the total dollar increase, if any, in Operating Expenses paid or incurred by Landlord during such year over Operating Expenses paid or incurred by Landlord during the Base Year. A decrease in Property Taxes or Operating Expenses below the Base Year amounts shall not decrease the amount of the Base Rent due hereunder or give rise to a credit in favor or Tenant.

Tax and Operating Expense Adjustment. In addition to the payment of Base Rent ------------------------------------ Adjustment, and other charges under this Lease and during each calendar year Lease Year subsequent to the Base Year, the Base Rent Tenant shall be increased by (collectively, the "Tax and Operating Expense Adjustment"): also pay Landlord: (i) Tenant's ’s Percentage Share of the total dollar increase, if any, in Property Taxes for such year over Property Taxes for the Base Year; and (ii) Tenant's ’s Percentage Share of the total dollar increase, if any, in Operating Expenses paid or incurred by Landlord during such year over Operating Expenses paid or incurred by Landlord during the Base YearYear (collectively, the “Tax and Operating Expense Adjustment”). A decrease in Property Taxes or Operating Expenses below the Base Year amounts shall not decrease the amount of the Base Rent due hereunder or give rise to a credit in favor or of Tenant.

Tax and Operating Expense Adjustment. In addition to the Rent ------------------------------------ Adjustment, during During each calendar year subsequent to the Base Yearyear, the Base Rent payable by Tenant to Landlord, shall be increased by (collectively, the "Tax and Operating Expense Adjustment"): (i) Tenant's Percentage Share of the total dollar increase, if any, in Property Taxes for such year over Property Taxes for the Base Year; and (ii) Tenant's Percentage Share of the total dollar increase, if any, in any category of Operating Expenses paid or incurred by Landlord during such year over the respective category of Operating Expenses paid or incurred by Landlord during the Base Year. A decrease in Property Taxes or any category of Operating Expenses below the Base Year amounts shall not decrease the amount of the Base Rent due hereunder or give rise to a credit in favor or of Tenant.

Tax and Operating Expense Adjustment. In addition to the Rent ------------------------------------ Adjustment, during each calendar year subsequent to the Base Year, the Base Rent shall be increased by (collectively, the "Tax and Operating Expense Adjustment"): (i) Tenant's Percentage Share of the total dollar increase, if any, in Property Taxes for such year over Property Taxes for the Base Year; and (ii) Tenant's Percentage Share of the total dollar increase, if any, in Operating Expenses paid or incurred by Landlord during such year over Operating Expenses paid or incurred by Landlord during the Base Year. A decrease in Property Taxes or Operating Expenses below the Base Year amounts shall not decrease the amount of the Base Rent due hereunder or give rise to a credit in favor or of Tenant.