Base Year Expenses definition

Base Year Expenses means the Operating Expenses for the Base Year (as grossed up pursuant to Section 5.1 above).

Base Year Expenses means the Expenses incurred during calendar year 1996.

Base Year Expenses means the actual amount of all Operating Expenses defined in Subparagraph 6(b) incurred in the Base Year, as defined in Subparagraph 1(c).

Examples of Base Year Expenses in a sentence

• Further, if the Building is less than 90% occupied in any year during the Term, including the Base Year, Expenses for such year may, at Landlord’s election, be adjusted to the amount such Expenses would have been if the Building had been 90% occupied.

• Expenses shall also include the amounts paid to subsidize the operation of any cafeterias or restaurants in Riverfront Office Park, however, if an amount for this item is included in the Base Year (Expenses) amount and subsequently during the Term the subsidy is reduced to below the amount included in the Base Year (Expenses) amount, the Base Year (Expenses) amount will be reduced accordingly.

• The Annual Rent and Monthly Installment of Rent shall be adjusted pursuant to Article 4 of the Lease and Tenant shall pay during the Term Tenant’s Proportionate Share of the excess Expenses and Taxes over Base Year (Expenses) (calendar year 2010) and Base Year (Taxes) (calendar year 2010) respectively (subject to Section 4.2 of the Original Lease), together with all other charges and payments due under the Lease as therein set forth.

• Base Year Expenses shall not include market-wide cost increases (including utility rate increases) due to extraordinary circumstances, including, but not limited to, Force Majeure Events, boycotts, strikes, conservation surcharges, embargoes or shortages.

• Landlord shall exclude from Base Year Expenses any non-recurring items, including capital expenditures otherwise permitted under Article 32 of the Lease (and shall only include the amortization of such expenditures in subsequent year Expenses to the extent permitted under Article 32, including any remaining amortization of permitted capital expenditures made prior to or after the Commencement Date).

More Definitions of Base Year Expenses

Base Year Expenses means the actual Expenses (as defined in this Paragraph 3) incurred during the Base Year and, if the Building is less than ninety-five percent (95%) occupied at any time during the Base Year, such expenses shall be adjusted to the extent necessary to reflect ninety-five percent (95%) occupancy throughout such twelve (12) month period.

Base Year Expenses means the Base Year Expense Stop ------------------ multiplied by the square feet of Rentable Area held for lease in the Building.

Base Year Expenses means the average of the Expenses for 2014 and the Expenses for 2015, the term “Base Year Insurance Expenses” shall mean the average of the Building Insurance Expenses for 2014 and the Building Insurance Expenses for 2015, and the term “Base Year Energy Expenses” shall mean the average of the Building Energy Expenses for 2014 and the Building Energy Expenses for 2015.

Base Year Expenses. The total amount of actual Operating Expenses incurred with respect to the Building during the 1999 calendar year. The foregoing Basic Lease Information and definitions are hereby incorporated into and made a part of the lease identified hereinabove. Each reference in the lease to any of the information and definitions set forth in the Basic Lease Information shall mean and refer to the information and definitions hereinabove set forth and shall be used in conjunction with and limited by all references thereto in the provisions of the lease. In the event of any conflict between any Basic Lease Information and the lease, the lease shall control. LANDLORD: TENANT: MERCANTILE PARTNERS, L.P., FLASHNET COMMUNICATIONS, INC., a Texas limited partnership a Texas corporation By: Mercantile Corporation By: /s/ X. Xxxxx Xxxxxx of Fort Worth, a Texas Printed Name: X. Xxxxx Xxxxxx corporation, General Title: President Partner By: /s/ Xxxxxxx Xxxxxxx --------------------------- Printed Name: Xxxxxxx Xxxxxxx ----------------- Title: Vice President ------------------------ TABLE OF CONTENTS Page 1. DEFINITIONS AND BASIC PROVISIONS. . . . . . . . . . . . . . . . . . . . . . . .1

Base Year Expenses means the amount of Property Expenses for the Base Year.

Base Year Expenses means the actual amount of all Operating Expenses (as defined in Subparagraph 5(2)) incurred in the Base Year (as defined in Subparagraph 5).

Base Year Expenses means the Expenses incurred during calendar year 2007.