Operating Expenses for the Building definition
Operating Expenses for the Building means the cost of operation of the Building and the Building’s share of the cost of operating other areas of the Prudential Center as more specifically provided below in Section 7.4, including those incurred in discharging the obligations under Sections 7.2 and 7.3; however there shall be excluded from the Operating Expenses for the Building the cost of operation of the Garage. In addition, such costs shall exclude payments of debt service and any other mortgage charges, brokerage commissions, real estate taxes (to the extent paid pursuant to Section 6.2 hereof), and costs of special services rendered to tenants (including Tenant) for which a separate charge is made, but shall include, without limitation:
Operating Expenses for the Building means the cost of operation of the Building and the Building’s share of the cost of operating other areas of the Prudential Center as more specifically provided below in this Section 6.2, including those incurred in discharging the obligations under Section 7.2 and 7.3 and also includes Landlord’s Tax Expenses (as hereinbefore defined); however there shall be excluded from the Operating Expenses for the Building the cost of operation of the Garage and Operating Expenses Allocable to the Retail Portion of the Building, as hereinafter defined. In addition, such costs shall exclude payments of debt service and any other mortgage charges, brokerage commissions, salaries of executives and owners not directly employed in the management or operation of the Building, the general overhead and administrative expenses of the home office of Landlord or Landlord’s managing agent or of Overlandlord or Overlandlord’s managing agent, and costs of special services rendered to tenants (including Tenant) for which a separate charge is made, but shall include, without limitation:
Operating Expenses for the Building means the cost of operation of the Building and the Building’s share of the cost of operating other areas of the Prudential Center as more specifically provided below in this Section 6.3, including those incurred in discharging the obligations under Section 7.2 and 7.3; however there shall be excluded from the Operating Expenses for the Building the cost of operation of the Garage. In addition, such costs shall exclude payments of debt service and any other mortgage charges, brokerage commissions, salaries of executives and owners not directly employed in the management or operation of the Building, the general overhead and administrative expenses of the home office of Landlord or Landlord’s managing agent, and costs of special services rendered to tenants (including Tenant) for which a separate charge is made, but shall include, without limitation:
Examples of Operating Expenses for the Building in a sentence
The cost of such insurance shall be treated as a part of Operating Expenses for the Building.
The cost of all such additional insurance shall also be part of the Operating Expenses for the Building.
Tenant’s proportionate share of Operating Expenses for the Building shall be computed by dividing the Premises Area by the total rentable area of the Building.
For the purpose of this Section, the term “Building” will be deemed to include the roof of the Building and any extensions therefrom, courtyards, sidewalks, landscaping, and all other areas, facilities, improvements, and appurtenances relating to any of the foregoing; provided, however, that Operating Expenses for the Building will not include Operating Expenses for the Project.
Each such Statement shall be accompanied by a computation of Operating Expenses for the Building prepared by Landlord's managing agent.
All costs incurred by Landlord under this Section 9.1. shall be included in the Operating Expenses for the Building.
Tenant will be responsible for its Proportionate Share of the Operating Expenses for the Building as well as its utilities and janitorial services.
Landlord shall also be responsible for providing periodic window washing services to the interior and exterior of the Building, snow removal services, landscaping, grounds keeping, elevator and other services incidental to the maintenance, repair and/or replacement of the Improvements, the costs of which shall be included in the Operating Expenses for the Building.
Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, or by Landlord or any affiliate of Landlord under a program of self-insurance, and in such event Operating Expenses for the Building shall include the portion of the reasonable cost of blanket insurance or self-insurance that is allocated to the Building.
Each such Statement shall be accompanied by a computation of Operating Expenses for the Building prepared by Landlord’s Agent.
More Definitions of Operating Expenses for the Building
Operating Expenses for the Building means all costs and expenses incurred by Landlord in the ownership and operation of the Building, including all of the following: (1) Electricity Costs (as defined in Section 6.2(A)(iii), as well as the gas, water, sewer and other utility charges; (2) premiums and other charges for insurance (including, but not limited to, property insurance, rent loss insurance and liability insurance which may include terrorism and mold coverage);
Operating Expenses for the Building means all reasonable and necessary costs of operation of the Property incurred by Landlord after the Commencement Date (except as may be specifically set forth herein), including those incurred in discharging Landlord’s obligations under Sections 7.2 and 7.3 (but specifically excluding those costs which are the responsibility of Landlord under Section 7.1 and those costs which are excluded from Operating Expenses under this Section 7.4). Subject to the foregoing, such costs shall include, without limitation:
Operating Expenses for the Building means the cost of operation of the Property, including those incurred in discharging the obligations under Sections 7.1, 7.2 and 7.3. In addition, such costs shall exclude payments of debt service and any other mortgage charges, brokerage commissions, real estate taxes (to the extent paid pursuant to Section 6.2 hereof), and costs of special services rendered to tenants (including Tenant) for which a separate charge is made, but shall include, without limitation:
Operating Expenses for the Building means the cost of operation of the Building other than those items paid directly by Tenant and shall exclude items of expense referred to in Section 4.03 hereof. Tenant shall be responsible for contracting for and paying directly all ordinary and routine operating expenses incurred in connection with the interior of the Premises, including maintenance and repair of all interior portions of the Premises, including ceiling, interior walls, windows, doors, and building systems, appliances, and fixtures; janitorial services; utilities; service contracts for building systems and equipment; security, in the event Tenant engages such service for the Building; and premiums for liability insurance and personal property insurance. Operating Expenses for the Building to be paid by Landlord include maintenance and repair of the exterior walls, foundation, roof, floor slabs (except that Tenant shall be responsible for maintaining the poured epoxy coating), and the exterior property, including the parking area (including clearing and snowplowing), premiums for real property insurance for the Premises, and security, in the event Landlord engages such service for the Property. The Operating Expenses for the Building include compensation and all fringe benefits, worker’s compensation insurance premiums and payroll taxes paid to, for or with respect to persons engaged in performing the duties to be performed by Landlord hereunder (allocated based on percentage of time devoted to the Premises compared to other duties performed for Landlord) or payments under service contracts for any of such services with independent contractors or subsidiaries or affiliates of Landlord, provided that the contracts with affiliates of Landlord for the performance of such services shall be competitive with similar contracts and transactions with unaffiliated entities for the performance of such services. For purposes of the preceding definition, the Operating Expenses for the Building shall specifically include the cost (amortized with interest using generally accepted accounting principles) of any capital improvement (including, without limitation any equipment installed as a fixture) made by Landlord for the purpose of (a) reducing other operating costs; or (b) complying with any governmental requirement (including, without limitation, any law, ordinance, code, regulation or bylaw) which shall first become applicable to the Building after the date of this Lease.
Operating Expenses for the Building means the cost of operation of the Building and the Building’s share (allocated per the Condominium Documents) of the cost of operating the common areas of Atlantic Wharf as more specifically provided below in Section 7.4, including those incurred in discharging the obligations under Sections 7.2 and 7.3; however there shall be excluded from the Operating Expenses for the Building all costs solely relating to the operation and maintenance of the Garage or the retail and residential portions of Atlantic Wharf. In no event shall Landlord have the right to include in Operating Expenses for the Building more than 100% of the Building’s allocable share of any Operating Expense and, so long as Landlord is operating the multi-media center in accordance with the requirements of the Chapter 91 license applicable to Atlantic Wharf (as the same may be modified by amendment or waiver), all revenue and user fees collected from use of the multi-media center shall be credited against the operating expenses of such facility. In addition, such costs shall exclude payments of debt service and any other mortgage charges, brokerage commissions, real estate taxes (to the extent paid pursuant to Section 6.2 hereof), and costs of special services rendered to tenants (including Tenant) for which a separate charge is made, but shall include, without limitation: