Common use of Calculation of Excess Clause in Contracts

Calculation of Excess. If Tenant’s Share of Building Allocated Operating Expenses for any Expense Year, commencing with the Expense Year immediately following the Base Year, exceeds Tenant’s Share of the amount of Building Allocated Operating Expenses applicable to the Base Year (with Building Allocated Operating Expenses for the Base Year being annualized), Tenant shall pay as Additional Rent to Landlord an amount equal to that excess (the “Excess”) in the manner stated in Sections 5.3.2(b) and (c) below.

Appears in 2 contracts

Sources: Lease Agreement (Fusion-Io, Inc.), Lease Agreement (Fusion-Io, Inc.)

Calculation of Excess. If Tenant’s Share of Building Allocated Operating Expenses for any Expense Fiscal Year, commencing with the Expense Fiscal Year immediately following the Base Year, exceeds Tenant’s Share of the amount of Building Allocated Operating Expenses applicable to the Base Year (with Building Allocated Operating Expenses for the Base Year being annualized)Year, Tenant shall pay as Additional Rent to Landlord an amount equal to that excess (the “Excess”) in the manner stated in Sections subparagraphs 5.3.2(b) and (c) below.

Appears in 2 contracts

Sources: Lease Agreement (Overstock Com Inc), Lease Agreement (Alliance Data Systems Corp)

Calculation of Excess. If Tenant’s 's Share of Building Allocated Operating Expenses for any Expense Fiscal Year, commencing with the Expense Fiscal Year immediately following the Base Year, exceeds Tenant’s 's Share of the amount of Building Allocated Operating Expenses applicable to the Base Year (with Building Allocated Operating Expenses for the Base Year being annualized)Year, Tenant shall pay as Additional Rent to Landlord an amount equal to that excess (the "Excess") in the manner stated in Sections subparagraphs 5.3.2(b) and (c) below.

Appears in 1 contract

Sources: Lease Agreement (Alliance Data Systems Corp)

Calculation of Excess. If Tenant’s Share of Building Allocated Operating Expenses for any Expense Fiscal Year, commencing with the Expense Fiscal Year immediately following the Base Year, exceeds Tenant’s Share of the amount of Building Allocated Operating Expenses applicable to the Base Year (with Building Allocated Operating Expenses for the Base Year 2006 being annualized), Tenant shall pay as Additional Rent to Landlord an amount equal to that excess (the “Excess”) in the manner stated in Sections subparagraphs 5.3.2(b) and (c) below.

Appears in 1 contract

Sources: Lease Agreement (Q Comm International Inc)