Examples of Tenant’s Percentage in a sentence
The additional rent based upon Tenant’s Percentage of increased Operating Costs for the Building as described in Section 4 of the Lease.
If Taxes (as hereinafter defined) for any fiscal tax year of the Town of Burlington (“Tax Year”) during the Term shall exceed Base Taxes, Tenant covenants to reimburse Landlord, as Additional Rent, for Tenant’s Percentage of such excess (such amount hereinafter referred to as “Tax Excess”).
If, during the Term hereof, Operating Costs (as hereinafter defined) incurred by Landlord in any calendar year shall exceed Base Operating Costs, Tenant covenants to reimburse Landlord, as Additional Rent, for Tenant’s Percentage of any such excess (such amount being hereinafter referred to as the “Operating Costs Excess”).