PARKWAY COMMERCE CENTER INDUSTRIAL LEASE AGREEMENT BETWEEN PARKWAY COMMERCE CENTER, LLC, AS LANDLORD AND PARAMETRIC SOUND CORPORATION, AS TENANT DATED AS OF May 18, 2012Industrial Lease Agreement • May 25th, 2012 • Parametric Sound Corp • Communications equipment, nec • Hawaii
Common Area Maintenance Costs shall not include costs for: (1) repair, replacements and general maintenance paid by proceeds of insurance or by Tenant or other third parties; (2) interest, amortization or other payments on loans to Landlord; (3) depreciation; (4) leasing commissions; (5) legal expenses for services, other than those that benefit the Project tenants, as applicable (e.g., tax disputes); (6) renovating or otherwise improving space for leased premises of the Project, as applicable or vacant space in the Project; (7) Taxes and Insurance which are paid separately pursuant to Sections 3 and 4 below; and (8) federal income taxes imposed on or measured by the income of Landlord from the operation of the Project.
