Base Operating Cost definition

Base Operating Cost means the sum set forth in Section 1.9 hereof.

Base Operating Cost means the Operating Costs (as that term is defined herein) attributed to the Leased Premises as of the Commencement Date. Base Operating Cost shall be divided into two components: Operating Expenses and Real Estate Taxes. Each part shall be determined and assessed independent of the other. “Operating Costs” means Operating Expense and Real Estate Taxes combined.

Base Operating Cost means the aggregate of all expenditures incurred by Landlord to maintain and operate the Building in a first class manner. All such expenses shall be determined in accordance with generally accepted accounting principles which shall be consistently applied. Base Operating Cost, as used in this Lease, shall mean all expenses, costs, and disbursements of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the ownership and operation of the Building and the Parking Areas, including but not limited to, the following:

Examples of Base Operating Cost in a sentence

• The Parties acknowledge that the Base Rent is a Base Operating Cost of the Generator.

• The Parties acknowledge that the L&ILW Fees, in respect of all low and intermediate level waste, other than low and intermediate level waste in respect of a Refurbishment, is a Base Operating Cost of the Generator.

• Component Results Notes Negotiation Base Operating Cost Base Op Cost: $9,693,715 Margin: $2,423,429 Initial Base Op Cost: $12,117,144 Total Op Cost $12,726,180 including adjustments.

• This profit margin is calculated on the negotiated annual Base Operating Cost for processing waste.

• In addition to the Base Rent, Tenant shall pay Landlord in monthly installments simultaneously with payments of the Base Rent, one-twelfth (1/12th) of (i) the Base Operating Cost times the Building Area, or at Landlord’s option, (ii) the new estimate of Operating Cost determined as set forth in Section 6 times the Building Area.

More Definitions of Base Operating Cost

Base Operating Cost means the Operating Cost of $215,523.00 estimated for 1992.

Base Operating Cost means the Annual Operating Cost for the Calendar Year 2012.

Base Operating Cost means the amount of Operating Expenses (as hereinafter defined) for the Base Operating Year (as hereinafter defined).

Base Operating Cost is $(2004 BASE YEAR) per square foot of rentable area in the Building, which represents that portion of the annual rent per square foot which Landlord has allocated to the Operating Costs on an annual basis.

Base Operating Cost. An amount equal to $2.01 per square foot of Building Rentable Area per calendar year which represents an estimate of the Operating Cost for the entire calendar year in which the Term of this Lease begins.

Base Operating Cost means the Basic Costs per square foot of Project Rentable Area for calendar year 1997.

Base Operating Cost means the operating Cost of $2.32 estimated for 1992.