Examples of Base Expense Year in a sentence

After the expiration of the Base Expense Year and each Expense Year, Landlord shall prepare and furnish Tenant with Landlord's Statement showing the Base Expenses or the Operating Expenses incurred during such Expense Year.
Tenant shall pay Landlord Tenant’s Share of Taxes and Expenses in excess of the amounts of Taxes and Expenses respectively for the Base Tax Year and Base Expense Year in the manner described below.
After the expiration of the Base Expense Year and each Expense Year, Landlord shall prepare and furnish Tenant with Landlord’s Statement showing the Base Expenses or the Operating Expenses incurred during such Expense Year.
Landlord’s delay or failure to render Landlord’s Statement with respect to the Base Expense Year, any Expense Year or any Tax Year beyond a date specified herein shall not prejudice Landlord’s right to render a Landlord’s Statement with respect to that or any subsequent Expense Year or subsequent Tax Year.
Notwithstanding anything to the contrary set forth in this Lease, if in any calendar year subsequent to the Base Expense Year, the amount of Operating Expenses decreases below the amount of Operating Expenses allocable to the Base Expense Year, Tenant shall not be entitled to receive any refund or credit.

More Definitions of Base Expense Year

Base Expense Year. As set forth in Section 1.

Base Expense Year means the year set forth in Item 12 of the Schedule.

Base Expense Year means the calendar year 2000.

Base Expense Year means Landlord’s Fiscal Year ending December 31, 2011.

Base Expense Year for the New Premises only, means the average of the Operating Expenses payable in respect of each of the Fiscal Years ending December 31, 2017 and December 31, 2018.

Base Expense Year means the average of the Operating Expenses payable in respect of the Fiscal Year ending December 31, 2015 and the Fiscal Year ending December 31, 2016.

Base Expense Year means the calendar year set forth in Paragraph G of the Summary of Lease Terms.