Operating Costs Allocable to the Premises definition

Operating Costs Allocable to the Premises. Defined in paragraph captioned “Additional Rent”.
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Operating Costs Allocable to the Premises. Defined in paragraph captioned "Additional Rent".
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Operating Costs Allocable to the Premises. The product of Tenant's Pro Rata Share times Operating Costs (net of Property Taxes).
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Examples of Operating Costs Allocable to the Premises in a sentence

  • If such Operating Costs Allocable to the Premises for any Year exceed the Estimated Operating Costs Allocable to the Premises paid by Tenant to Landlord pursuant to subparagraph 3.4.1 for such Year, Tenant shall pay the amount of such excess to Landlord within twenty (20) Business Days after receipt of such statement by Tenant.

  • In the event that such results show that Tenant has underpaid its obligations for a preceding period, the amount of such underpayment shall be paid by Tenant to Landlord with the next succeeding installment obligation of estimated Operating Costs Allocable to the Premises.

  • The determination of Operating Costs Allocable to the Premises shall be made by Landlord.

  • Landlord shall maintain records concerning estimated and actual Operating Costs Allocable to the Premises for no less than twelve (12) months following the period covered by the statement or statements furnished Tenant, after which time Landlord may dispose of such records.

  • Landlord shall furnish Tenant a written statement of Estimated Operating Costs Allocable to the Premises in advance of the commencement of each Year.


More Definitions of Operating Costs Allocable to the Premises

Operating Costs Allocable to the Premises. The product of Tenant's Pro Rata Share times Operating Costs.
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Operating Costs Allocable to the Premises. Defined in Paragraph 3.4, captioned “Additional Rent”.
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Operating Costs Allocable to the Premises. Defined in paragraph 3.4.6.
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Operating Costs Allocable to the Premises. The product of Tenant’s Pro Rata Share times Operating Cost less the Operating Costs Base Amount.
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Operating Costs Allocable to the Premises. The product of Tenant's Pro Rata ----------------------------------------- Share times the Operating Costs Allocable to the Building.
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Operating Costs Allocable to the Premises. The product of Tenant's Pro Rata Share times Operating Costs. PARKING RATIO: Approximately Five (5) parking stalls per 1,000 rentable square feet of Premises. PERMITTED USE: General office and administrative uses, so long as such use is consistent with Governmental Requirements and with first-class buildings of the same or similar use as the Building located in the metropolitan area in which the Building is located and as described in further detail in paragraph 2.5.
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Operating Costs Allocable to the Premises. Defined in the Section captioned “Additional Rent”. Parking: Subject to the terms and conditions of this paragraph and Section 4.11 below and subject to the Parking Encumbrance (as defined below), as of the Commencement Date, Tenant shall have the right, during the Lease Term, to use a total of fifty (50) unreserved parking passes for unreserved parking of Tenant’s automobiles on a non-exclusive first-come, first served basis, in the Project parking area(s) designated by Landlord from time to time; provided, however, that Tenant shall be entitled to convert five (5) of such unreserved parking passes to reserved parking passes (subject to availability as determined by Landlord in Landlord’s sole and absolute discretion), which, if available, shall be for parking spaces located within a reasonable walking distance from the south entrance of the Building.
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