Examples of Operating Costs in a sentence
In the event this Agreement is not terminated and Landlord elects to restore or repair the Demised Premises, then the Rent payable by Tenant shall be equitably abated based on the square footage in the Demised Premises which are useable, until such time as the damage to the Demised Premises has been repaired; provided, however, in no event shall there be any abatement of the payment of any Operating Costs.
Likewise, if Tenant paid less in Operating Costs Adjustment or Tax Adjustment than the actual amount for the year for which such statement was prepared, then Tenant shall pay such deficiency to Landlord within thirty (30) days after Xxxxxxxx's demand.
By April 1 of each calendar year, or as soon after that date as practicable, Landlord will furnish to Tenant a statement of Operating Costs paid for the previous year, adjusted as provided in Section 3.2(f) below (the "Operating Costs Statement").
In the event any tax(es) is(are) levied or assessed on any component of Operating Costs by any federal, state, county, local or other municipal authority, then the amount of such tax(es) will be deemed to be included as part of Operating Costs for purposes of this Lease.
Financing: (a) Recipient’s Operating Costs for the Project, and (b) Recipient’s Indirect Support Costs.