Area Operating Expenses definition

Area Operating Expenses. N/A percent ( .%) ("Lessee's Share") as determined by [ ] prorata square footage of the Promises as compared to the total square footage of the Building or [ ] other criteria as described in Addendum _____.
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Area Operating Expenses. Seven point two percent (7.2%) ("Lessee's Share") as determined by [_] prorata square footage of the Premises as compared to the total square footage of the Building or [X] other criteria as described in Addendum Paragraph 54.
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Area Operating Expenses. Common Area Operating Expenses" shall not include and Lessee shall in no event have any obligation to perform or to pay directly, or to reimburse Lessor for, all or any portion of the following repairs, maintenance, improvements, replacement, premiums, claims, losses, fees, charges, costs and expenses (collectively, "Costs"):
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Examples of Area Operating Expenses in a sentence

  • Common Area Operating Expenses shall include any deductible amount in the event of such loss.

  • Common Area Operating Expenses shall not include Real Property Taxes specified in the tax assessor's records and work sheets as being caused by additional improvements placed upon the Industrial Center by other lessees or by Lessor for the exclusive enjoyment of such other lessees.

  • Except for abatement of Base Rent, Common Area Operating Expenses and other charges, if any, as aforesaid, all other obligations of Lessee hereunder shall be performed by Lessee, and Lessee shall have no claim against Lessor for any damage suffered by reason of any such damage, destruction, repair, remediation or restoration.

  • Unless otherwise provided herein, any statement of square footage set forth in this Lease, or that may have been used in calculating rental and/or Common Area Operating Expenses, is an approximation which Lessor and Lessee agree is reasonable and the rental and Lessee's Share (as defined in Paragraph 1.6(b)) based thereon is not subject to revision whether or not the actual square footage is more or less.

  • Notwithstanding Paragraph 10.1 hereof, Lessee shall, however, pay to Lessor at the time Common Area Operating Expenses are payable under Paragraph 4.2, the entirety of any increase in Real Property Taxes if assessed solely by reason of Alterations, Trade Fixtures or Utility Installations placed upon the Premises by Lessee or at Lessee's request.


More Definitions of Area Operating Expenses

Area Operating Expenses six point eight percent ( 6.8 %) ("Lessee's Share").
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Area Operating Expenses. The current estimate for the period December 1, 2021 - December 31, 2021 is $640 .
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Area Operating Expenses. The current estimate for the period is $58.80/ Month .
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Area Operating Expenses. The current estimate for the period is .
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Area Operating Expenses. SIX PERCENT percent (6% %) ("Lessee's Share") as determined by [X] prorata square footage of the Premises as compared to the total square footage of the Building or [ ] other criteria as described in Addendum
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Area Operating Expenses eleven point sixty four percent (11.64%) ("Lessee's Share") as determined by [ x ] prorata square footage of the Premises as compared to the total square footage of the buildings of the industrial park.
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Area Operating Expenses. Thirty percent (30%) ("Lessee's Share").
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