Common use of ADDITIONAL CHARGES — ADJUSTMENTS Clause in Contracts

ADDITIONAL CHARGES — ADJUSTMENTS. In addition to the Minimum Rent hereinabove, and commencing at the same time as any rental commences under this Lease, Tenant shall also be responsible for the full cost of: (a) All real estate taxes and insurance premiums relating to the Premises IF ANY, including land, building, and improvements thereon. Said real estate taxes shall include all real estate taxes and assessments that are levied OR MAY BE LEVIED upon and/or assessed against the Premises, including any taxes which may be levied on rents. Insurance shall include all insurance premiums for fire, extended coverage, liability, and any other insurance that Landlord reasonably deems necessary on the Premises. (b) Tenant shall be responsible for the defined maintenance schedule as set forth in Exhibit B. (c) All costs to supervise and administer the Property. (d) Any utilities surcharges, or any other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by any governmental authority in connection with the use or occupancy of the Premises. (e) Tenant shall pay for all water, gas, heat, light, power, sewer charges, telephone service and all other services and utilities supplied to the Premises, together with any taxes thereon.

Appears in 3 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

ADDITIONAL CHARGES — ADJUSTMENTS. In addition to the Minimum Rent hereinabove, and commencing at the same time as any rental commences under this Lease, Tenant shall also be responsible for the full cost of: (a) All real estate taxes and insurance premiums relating to the Premises IF ANY, including land, building, and improvements thereon. Said real estate taxes shall include all real estate taxes and assessments that are levied OR MAY BE LEVIED upon and/or assessed against the Premises, including any taxes which may be levied on rents. Insurance shall include all insurance premiums for fire, extended coverage, liability, and any other insurance that Landlord reasonably deems necessary on the Premises. (b) Tenant shall be responsible for the defined maintenance schedule as set forth in Exhibit B. (c) All costs to supervise and administer the Property. (dc) Any utilities surcharges, or any other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by any governmental authority in connection with the use or occupancy of the Premises. (ed) Tenant shall pay is responsible for all waterutility costs and surcharges at the premises. All utility accounts, gas, heat, light, power, sewer charges, telephone service meters and all other services shall be registered in the Tenant’s name as the responsible user and utilities supplied payee to the Premises, together with any taxes thereonutility company.

Appears in 1 contract

Sources: Lease Agreement