Common use of Tenant’s Share of Operating Expenses and Real Estate Taxes Clause in Contracts

Tenant’s Share of Operating Expenses and Real Estate Taxes. Effective on the Additional Space Commencement Date and continuing through September 30, 2008, in addition to the original Tenant’s Percentage of Operating Costs and Real Estate Taxes (14.18%) for the Original Premises over the 2006 Base Year that Tenant is obligated to pay pursuant to Section I(m) and I(n) and Articles V and VII of the Lease, Sections 1(m) and l(n) and Articles V and VII are amended to reflect that Tenant shall pay for the Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space over a 1998 Base Year. Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space is deemed to be ten and 83/100ths percent (10.83%). Thus, during the term of Tenant’s lease of the Additional Space, Tenant shall pay (i) Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space (10.83%) over a 1998 Base Year and (ii) Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Original Space (14.18%) over a 2006 Base Year.

Appears in 2 contracts

Samples: Lease (Global Defense Technology & Systems, Inc.), Lease (Global Defense Technology & Systems, Inc.)

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Tenant’s Share of Operating Expenses and Real Estate Taxes. Effective on the Additional Space Commencement Date and continuing through September 30, 2008, in addition to the original Tenant’s Percentage of Operating Costs and Real Estate Taxes (14.18%which was increased to 14.81% as of October 16, 2006) for the Original Premises over the 2006 Base Year that Tenant is obligated to pay pursuant to Section I(m) and I(n) and Articles V and VII of the Lease, Sections 1(m) and l(n1(n) and Articles V and VII are amended to reflect that Tenant shall pay for the Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space over a 1998 Base Year. Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space is deemed to be ten and 83/100ths percent (10.83%). Thus, during the term of Tenant’s lease of the Additional Space, Tenant shall pay (i) Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space (10.83%) over a 1998 Base Year and (ii) Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Original Space (14.1814.81%) over a 2006 Base Year.

Appears in 2 contracts

Samples: Lease (Global Defense Technology & Systems, Inc.), Lease (Global Defense Technology & Systems, Inc.)

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Tenant’s Share of Operating Expenses and Real Estate Taxes. Effective on the Additional Space Commencement Date October 1, 2008 and continuing through September April 30, 20082016, in addition to the original Tenant’s Percentage of Operating Costs and Real Estate Taxes (14.18%which was increased to 14.81% as of October 16, 2006) for the Original Premises over the 2006 Base Year that Tenant is obligated to pay pursuant to Section I(m) and I(n) and Articles V and VII of the Lease, Sections 1(ml(m) and l(n) and Articles V and VII are amended to reflect that Tenant shall pay for the Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space Expansion Premises over a 1998 2008 Base Year. Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space Expansion Premises is deemed to be ten and 83/100ths percent (10.83%). Thus, during the term of Tenant’s lease of the Additional SpaceAmended Term, Tenant shall pay (i) Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Additional Space Expansion Premises (10.83%) over a 1998 2008 Base Year and (ii) Tenant’s Percentage of Operating Costs and Real Estate Taxes for the Original Space Premises (14.1814.81%) over a 2006 Base Year.

Appears in 2 contracts

Samples: Lease (Global Defense Technology & Systems, Inc.), Lease (Global Defense Technology & Systems, Inc.)

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