Tenant’s Expense definition

Tenant’s Expense. STOP BASE: Tenant's Expense Stop Base will be an amount equal to Tenant's Operating Expense Percentage times the total actual Operating Expenses for 1999 extrapolated to 95% occupancy. Reference Year: 1999.
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Tenant’s Expense means (i) any portion or incremental increase in the Cost of the Landlord’s Work caused or due to changes to the Finish Schedule and Space Plans requested by Tenant, or (ii) any portion or incremental increase in the Cost of the Landlord’s Work caused or due to changes to the Preliminary CDs requested by Tenant that are inconsistent with the Finish Schedule and Space Plans, (iii) Change Order Costs, (iv) if Tenant requires any non-Building standard improvements or materials (and Landlord agrees thereto) not set forth in the Final CDs, the Cost of the Landlord’s Work above what it would have cost if only Building standard improvements had been constructed or Building standard materials had been used, (v) any cost incurred due to Tenant Delays, (vi) the cost of all “Alternates” (i.e., Compressed Air for Labs -$10,851.86, Pre-Action Systems -$16,277.81; Card Access System -$21,703.74; totaling $48,833.42 (the “Alternates Cost”), and (vii) all Design Costs. Tenant shall contract with and directly engage the Architect and any other person preparing any the Finish Schedule and Space Plans and the Preliminary and Final CDs and shall be directly responsible for all Design Costs.
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Tenant’s Expense. Stop” shall be the dollar amount per square foot of Rentable Area per annum of the Premises as specified in Item 4(b) of the Basic Lease Provisions.
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Examples of Tenant’s Expense in a sentence

  • Any damage or loss incurred due to Tenant’s negligence to pay utilities, abandonment, or failure to provide heat when exterior temperatures fall at or near freezing, or to inform Landlord of shut off shall be at Tenant’s Expense.

  • Landlord shall provide the following in accordance with building standards at Tenant’s Expense (which expense may be deducted from the Allowance): (i) door and directory signage; (ii) suite and Building keys or entry cards.

  • Upon demand, if Tenant fails to cleanup any of the above, Landlord shall hire contractors at Tenant’s Expense.

  • In the event that the Tenant leaves any of the Tenant’s personal property or possessions within or upon the Premises at the conclusion of the term hereof, or in the event of an abandonment of the Premises by the Tenant, as set forth in paragraph 58 herein, Landlord may enter into and take possession of Tenant’s personal property left within or upon the Premises and store said personal property for 30 days at Tenant’s Expense.

  • For any portion of an Operating Year less than a full twelve (12) month period occurring within the Term, Tenant’s Expense Payment shall be prorated on a per diem basis.

  • Upon demand, if ▇▇▇▇▇▇ fails to cleanup any of the above, Landlord shall hire contractors at Tenant’s Expense.

  • In the event the rentable square footage of the Leased Premises or the Building is changed, the foregoing deemed Tenant’s Expense Share shall be recalculated so that the aggregate deemed Tenant’s Expense Share of all tenants in the Building shall equal 100%.

  • Any damage or loss incurred due to Tenant’s negligence to pay utilities, abandonment, or to inform Landlord of shut off shall be at Tenant’s Expense.

  • In the event that the Tenant leaves any of the Tenant’s personal property or possessions within or upon the Premises at the conclusion of the term hereof, or in the event of an abandonment of the Premises by the Tenant, as set forth in paragraph 57 herein, Landlord may enter into and take possession of Tenant’s personal property left within or upon the Premises and store said personal property for 30 days at Tenant’s Expense.

  • In the event that any portion of the Property is sold by Landlord, or the rentable square footage of the Leased Premises or the Property is otherwise changed, Tenant’s Expense Share shall be recalculated to equal the percentage described in the first sentence of this paragraph, so that the aggregate Tenant’s Expense Share of all tenants of the Property shall equal 100%.


More Definitions of Tenant’s Expense

Tenant’s Expense. Participation Amount” with respect to each Calendar Year, shall equal the sum of: (i) Tenant’s Proportionate Share Taxes - Office Tower of the Taxes for the Office Tower for such Calendar Year, (ii) Tenant’s Proportionate Share Taxes - Retail Space of the Taxes for the Retail Space for such Calendar Year, (iii) Tenant’s Proportionate Share Operating Expenses - Office Tower of Operating Expenses for the Office Tower for such Calendar Year, and (iv) Tenant’s Proportionate Share Operating Expenses - Retail Space of Operating Expenses for the Retail Space for such Calendar Year, as such Proportionate Shares may be adjusted from time to time during such Calendar Year. Notwithstanding the foregoing, prior to calculating Tenant’s Proportionate Share Operating Expenses - Office Tower for each Calendar Year, the total amount of Operating Expenses for the Office Tower for each Calendar Year shall be reduced by $50,000.00.
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Related to Tenant’s Expense

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Tenant’s Work means and refer to the construction and installation of all aspects of the Project as set forth in detail in the Development Agreement, including the Improvements, and all other equipment, fixtures, pipes, wiring, mechanical systems and other property and systems necessary to the operation of the Project. All of Tenant's work shall be done in the manner required by the Development Agreement and shall be completely lien-free (except as provided in Sections 11.1 and 11.2 hereof, and except as otherwise permitted by the Development Agreement and the ESA). Tenant shall use commercially reasonable efforts to obtain warranties for Tenant's Work from its contractors and to enforce such warranties so that defects in Tenant's Work are corrected. If any warranties are not assignable to Landlord, Tenant shall nevertheless use reasonable diligence to keep such warranties in effect and to enforce the same. Tenant further agrees that if it determines that any portion of the Tenant's Work contains a material defect, it shall promptly notify Landlord of such defect and of the action which Tenant proposes to take or requires its contractors to take to remedy the same, provided that Tenant shall not take any action that may prejudice Landlord's ability to assert its warranty rights (if any) without Landlord's prior written consent. Without limiting the foregoing, Tenant reserves the right to install its own security system on the Project Site and Landlord, notwithstanding any other provision of this Lease to the contrary, understands and agrees that Tenant shall have the right to limit or restrict Landlord's access to the Project Site for reasonable safety and security purposes, but subject to Landlord's rights under Section 14.1 below and as provided for in the ESA and the Development Agreement. Subject to the rights of Tenant under Sections 11.1 and 11.2 hereof, and except as permitted by the Development Agreement and the ESA, all of Tenant's Work shall be completed lien-free and in accordance with all Applicable Law. At Landlord's election, all Tenant's Work shall be coordinated with Landlord's construction manager (who shall not unreasonably interfere with the rendition of Tenant's Work).