TENANT’S PORTION. The initial Tenant’s portion of the rent shall be $ _. The Tenant’s portion of the rent is subject to change as set forth in paragraph 4.
TENANT’S PORTION. The Tenant's portion of the Costs described in Article 2.1(b) shall be the sum which is equal to the aggregate of the said costs multiplied by the fraction, the numerator of which is the Area of the Leased Premises and the denominator of which is the Gross office Leasable Area.
TENANT’S PORTION. Tenant's portion of Operating Expenses, for purposes of this Lease, is equal to (i) the total Operating Expenses for the Project (except as set forth in the remainder of this sentence) multiplied by Tenant's Share set forth in Section 2.9 above, plus (ii) the utility expenses associated with the Building's HVAC system multiplied by a fraction, the numerator of which is equal to the square footage of the Rentable Area of the Demised Premises and the denominator of which is equal to the square footage of the Rentable Area of the Building then under lease to, and occupied by, Tenant or any other tenants, but in no event shall such denominator be less than fifty percent (50%) of the total square feet of Rentable Area (32,400) of the Building, plus (iii) one-half (1/2) of all expenses of operating, maintaining, repairing, replacing and managing those portions of the acid neutralization system shared with those portions on the second floor of the Building as shown on EXHIBIT I (the "Joint Service Space") beyond the point of connection to those portions of the system exclusively serving the Joint Service Space.
TENANT’S PORTION. The Tenant’s portion of the costs described in sections 4.1(b)(i), (ii) and (iii) shall be that sum which is equal to the aggregate of that cost multiplied by a fraction, the numerator of which is the Area of the Leased Premises and the denominator of which is the Gross Leasable Area. The Tenant’s portion of the cost described in section 4.1(b)(iv) shall be that sum which is equal to the aggregate of that cost multiplied by a fraction, the numerator of which is the Area of the Leased Premises and the denominator of which is the leasable area of Sxxxxx Xxx 0, Xxxxxx Plan LMS156 calculated in accordance with BOMA. The Landlord estimates that the Tenant’s portion of the costs described in section 4.1(b) is $10.25 per square foot for 2005. The Landlord shall have the right to re-estimate the Additional Rental on an annual basis.
TENANT’S PORTION. Tenant’s portion of Operating Expenses (as defined below), for purposes of this Lease, is equal to the sum of (i) the total Operating Expenses for the Project multiplied by Tenant’s Share (set forth in Section 2.3) and (ii) the Operating Expenses directly allocated to Tenant by Landlord pursuant to (x) Section 7.2.2 as to real property taxes allocated to the Premises, (y) Section 7.4 as to Operating Expenses allocated to tenants on a basis other than Tenant’s Share in order to achieve an equitable allocation of the Operation Expenses among the tenants of the Project, and (z) Section 14 as to utilities and services. Any Operating Expenses described in subsection (ii) above shall not be included in the Operating Expenses described in subsection (i) above.
TENANT’S PORTION. The Tenant's portion of the Costs described in Article 2.1(b) shall be the sum which is equal to the aggregate of the said costs multiplied by the fraction, the numerator of which is the Area of the Leased Premises and the denominator of which is the Gross office Leasable Area. 2.3 PAYMENT OF RENTAL The items of rental provided for in this Article 2 shall be paid by the Tenant as follows: (a) Annual Rent The first monthly installment of Annual Rent shall be paid by the Tenant on or before the Commencement Date. Where the Commencement Date is the first day of a calendar month such installment shall be in respect of such month. Where the Commencement Date is not the first day of a calendar month, rental for the period from the Commencement Date to the first day of the next ensuing calendar month shall be pro rated on a per them basis and paid on the first day of such month and the installment of Annual Rent paid upon the Commencement Date shall be in respect of the Annual Rent for the first full calendar month of the Term; thereafter in either case subsequent monthly installments shall be paid in advance on the first day of each ensuing calendar month during the Term. (b) Additional Rental Payments The amount of Additional Rental which the Tenant is to pay shall be estimated by the Landlord for such period as the Landlord may determine from time to time. The Tenant agrees to pay to the Landlord such amount in monthly installments in advance during each such period on the dates and at the times for payment of Annual Rent provided for in this Lease; and an adjustment made, if necessary in accordance with Article 2.4. 2.4
