Base Operating Amount definition

Base Operating Amount means the Operating Expenses for the Base Operating Year.

Base Operating Amount means Operating Expenses for the Base Operating Year.

Base Operating Amount means the amount of the Operating Expenses for the 2006 calendar year;

Examples of Base Operating Amount in a sentence

• It -129- 134 is specifically understood that the Base Tax Amount and Base Operating Amount shall be the same for the Option Space as for the Premises originally demised hereunder.

• Commencing on the Rent Commencement Date, for each Lease Year after the Base Lease Year, Tenant shall pay to Landlord in accordance with Sections 4.04, 4.05 and 4.07 below (“Tenant’s Operating Payment”), Tenant’s Operating Share of the amount, if any, by which Operating Expenses for such Lease Year exceed the Base Operating Amount.

• Effective as of the Commencement Date of the Extension Term, (1) the Base Operating Amount shall be the Operating Expenses for the calendar year immediately preceding the calendar year in which occurs the Commencement Date of the Extension Term; and (2) the Base Tax Amount shall be the taxes for the last complete Tax Year ending immediately prior to the occurrence of the Commencement Date of the Extension Term, as finally determined.

• Landlord shall, each calendar year, pay the base operating amount ("Base Operating Amount"), as hereafter defined.

• For each Lease Year after the Base Lease Year, Tenant shall pay to Landlord in accordance with Sections 4.04, 4.05 and 4.07 below (“Tenant’s Operating Payment”), Tenant’s Proportionate Operating Share of the amount, if any, by which Operating Expenses for such Lease Year exceed the Base Operating Amount.

More Definitions of Base Operating Amount

Base Operating Amount means Operating Expenses for the Base Operating Year; provided, that, if, due to construction warranties in effect during the Base Operating Year, materially fewer expenses on account of repairs to the Building are paid or incurred by or on behalf of Landlord during such Base Operating Year than would typically be paid or incurred during a calendar year with respect to a new First Class Office Building comparable in size to the Building with no construction warranties in effect, then the Operating Expenses for the Base Operating Year shall be adjusted to reflect the Operating Expenses that would have been paid or incurred if such construction warranties had not been in effect during the Base Operating Year. For purposes of the foregoing sentence only, the term “construction warranties” shall be deemed to refer solely to warranties in effect for a newly constructed First Class Office Building that would not typically be in effect at any given time for a First Class Office Building on account of alterations, improvements, repairs and replacements.

Base Operating Amount means the Operating Expenses for the Base Operating Year, subject to adjustment as provided in § 3.03(a).

Base Operating Amount shall have the meaning ascribed to such term in Section 3.01(a);

Base Operating Amount means Operating Expenses for the Base Lease Year, as same may be adjusted pursuant to Section 4.02.

Base Operating Amount means the sum of (i) one half of the Operating Expenses for the 2015 calendar year and (ii) one half of the Operating Expenses for the 2016 calendar year.

Base Operating Amount means the Operating Costs for the 1996 calendar year, ie. the twelve (12) month period of January 1, 1996 to December 31, 1996.

Base Operating Amount means the sum of (i) one-half (1/2) of the Operating Expenses for the Base Operating Year commencing January 1, 1993, plus (ii) one-half (1/2) of the Operating Expenses for the Base Operating Year commencing January 1, 1994.