Additional Rent for Operating Expenses Clause Samples

Additional Rent for Operating Expenses. 2.1 The rent paid by Tenant as set forth on Exhibit B shall include the Operating Expense Allowance. No Additional Rent shall be due from Tenant during calendar year 2008 even if Tenants’ Proportionate Share of Operating Expenses for 2008 exceeds the Operating Expense Allowance; provided, commencing on January 1, 2009, Tenant shall pay during the remaining Lease Term as Additional Rent, the amount by which Tenants’ Proportionate Share of Operating Expenses exceeds the Operating Expense Allowance. 2.2 As soon as available in each Operating Year during the Lease Term, Landlord shall provide Tenant with a written statement setting forth the Operating Expense Allowance and a projection of Tenant’s Proportionate Share of Operating Expenses for such year commencing on the first day of the first month following receipt of such statement and continuing until receipt by Tenant of Landlord’s statement of the next projected Tenant’s Proportionate Share of Operating Expenses, Tenant shall pay to Landlord with each monthly installment of Fixed Rent an amount equal to one-twelfth (1/12th) of the excess of such projected Tenant’s Proportionate Share of Operating Expenses over the Operating Expense Allowance. Concurrently with the first payment required hereinabove, Tenant shall pay to Landlord an amount equal to the excess of such projected Tenant’s Proportionate Share of Operating Expenses over the Operating Expense Allowance multiplied by a fraction, the numerator of which is the number of calendar months of the Operating Year in question which have elapsed prior to the due date of such first payment and the denominator of which is twelve (12), less any payments made by Tenant during said period on account of such excess Operating Expenses. 2.3 Landlord shall, as soon as possible after the close of each such Operating Year, provide Tenant with a statement of the actual operating expenses for such period. Any underpayment by Tenant during such Operating Year due to the fact that projected Operating Expenses were less than actual Operating Expenses shall be paid to Landlord within 30 days after Tenant’s receipt of a statement for such deficiency. Any overpayment by Tenant due to the fact that projected Operating Expenses were greater than actual Operating Expenses for such year shall be credited to the next Additional Rent payable by Tenant under this Exhibit C. If the Operating Expenses are less than the Operating Expense Allowance, a credit or check will not be issued.

Additional Rent for Operating Expenses. To the extent that Additional Rent (as defined in the Ove▇▇▇▇▇▇) ▇elating to increased Operating Expenses (as defined in the Ove▇▇▇▇▇▇) ▇s payable by Sublessor pursuant to the Ove▇▇▇▇▇▇, ▇n amount equal to the portion of such Additional Rent that is in proportion to the area of the Ove▇▇▇▇▇▇ Premises that is represented by the area of the premises shall be added to the rent payable under this Sublease pursuant to Section 4.1.

Additional Rent for Operating Expenses. The purpose of this Section 3.3 is to ensure that Tenant bears a share of all expenses related to the use, maintenance, ownership, repair or replacement of the Project, including Real Property Taxes, Maintenance Fees, and Insurance Charges for the Project (each as hereinafter defined). Accordingly, Tenant shall pay to Landlord, in accordance with the provisions of this Section 3.3, Tenant’s Pro Rata Share (as set forth in the Basic Lease Terms and defined below) of Operating Expenses (defined below).

Additional Rent for Operating Expenses. 8.1 Tenant shall pay, as Additional Rent, Tenant's Share, as set forth in Section 1, of all Operating Expenses. 8.2 Tenant's Share shall be the percentage of all Operating Expenses for the Building set forth in Section 1.

Additional Rent for Operating Expenses. (i) If in any calendar year during the Term after the Base Year (hereinafter defined) the amount of Operating Expenses (hereinafter defined) exceeds the amount of Operating Expenses in the Base Year, then Tenant shall pay, as Additional Rent to Landlord, an amount that is the product of (A) the amount of such increase in Operating Expenses, multiplied by (B) Tenant's Pro Rata Share of Operating Expenses set forth in Section 1f hereof. If in any calendar year during the Term the amount of Real Estate Taxes exceeds the amount of Real Estate Taxes in the Base Year, then Tenant shall pay, as Additional Rent to Landlord, an amount that is the product of (A) the amount of such increase in Real Estate Taxes, multiplied by (B) Tenant's Pro Rata Share of Real Estate Taxes set forth in Section 1f hereof. As used herein "Tenant's Pro Rata Share" is

Additional Rent for Operating Expenses. 2.1 Tenant shall pay during the Lease Term as Additional Rent, the amount by which Tenants' Proportionate Share of Operating Expenses exceeds the Operating Expense Allowance. 2.2 As soon as available in each Operating Year during the Lease Term, Landlord shall provide Tenant with a written statement setting forth the Operating Expense Allowance and a projection of Tenant's Proportionate Share of Operating Expenses for such year. Commencing on the first day of the first month following receipt of such statement and continuing until receipt by Tenant of Landlord's statement of the next projected Tenant's Proportionate Share of Operating Expenses. Tenant shall pay to Landlord with each

Additional Rent for Operating Expenses. In addition to the rent -------------------------------------- specified in Section 2.01. of this Lease, Tenant agrees to pay to Landlord as additional rent for the use and occupancy of the Premises for each year after the end of the First Lease Year an amount equal to Tenant's Proportionate Share (as defined in Section 1.07 (i)) of any increase in Operating Expenses incurred by Landlord for that year over the Operating Expenses incurred by Landlord for the Base Year in which this Lease is made. Thus, commencing with year 3 of this Lease, the amount of the increase for the preceding calendar year (i.

Additional Rent for Operating Expenses. During the Term, Tenant shall pay Library, as additional rent, annual Operating Expenses for the Premises at a fixed annual rate of $4.13 per square foot. As with Base Rent, for the purposes of this calculation, ▇▇▇▇▇▇’s square footage shall be the sum of all square footage listed and set forth in Section 1 of this Lease in the definition of the Premises. Such Operating Expenses will cover and include Tenant’s share of utilities (including wi-fi internet service) for the Premises and Tenant’s pro rata share of the following: common utilities serving the Building, Library’s insurance costs for the Building, custodial and janitorial services, security system maintenance, and common area maintenance and services that Library is required to provide under this Lease. Notwithstanding and in addition to the foregoing, Tenant shall be solely responsible for any utility charges for additional service requested or obtained by Tenant and exclusive to Tenant’s Premises and metered separately (“Additional Utilities”). Library shall timely pay invoices for such Additional Utilities as Operating Costs and present to Tenant for reimbursement as Additional Rent. Tenant shall pay such amounts to Library within thirty (30) days of receipt of Library’s statement.

Additional Rent for Operating Expenses. Beginning with the Sublease Commencement Date and thereafter during the Term of this Sublease, Subtenant shall pay to Sublandlord (or if requested by Landlord, directly to Landlord) as additional rent for this subletting all amounts that Sublandlord, as Tenant, is required to pay Landlord, as Tenant’s share of Operating Expenses under the Master Lease.