Common Operating Expenses Sample Clauses

Common Operating Expenses. Tenant shall pay Tenant's Common Share of Common Operating Expenses monthly in advance beginning on the Commencement Date and continuing on the first day of each calendar month throughout the Term. Landlord may require that Tenant pay Tenant's Common Share of Common Operating Expenses based on Landlord's written estimate thereof delivered to Tenant from time to time, and upon Tenant's receipt of any such notice from Landlord, the amount of such monthly installment payments shall change consistent with landlord's written estimate. Within a reasonable time after the end of each calendar year, Landlord shall furnish to Tenant a notice as to whether the estimated payments paid by Tenant were more or less than actually Common Operating Expenses. Within fifteen (15) days following delivery of a Landlord's Statement, together with any reasonable supporting documentation including copies of tax bills, Tenant shall pay to Landlord the amount of any underpayment of Common Operating Expenses. In the event that Tenant's payments exceed its liability for Common Operating Expenses, any such overpayment shall be credited against the monthly installments that are next due and payable by Tenant under this Section until such amount shall have been refunded to Tenant in full. Any excess payments made by Tenant during the Term that have not been so applied and outstanding at the end of the Term shall be paid to Tenant promptly following Landlord's final accounting for the final calendar year of the Term. Any delay or failure of Landlord in billing any Additional Rent as provided herein shall not constitute a waiver of or in any way impair the continuing obligation of Tenant to pay such rent adjustments hereunder.

Common Operating Expenses. 7 8.1 Tenant's Obligation to Reimburse 7 8.2 Common Operating Expenses Defined 8 8.3 Real Property Taxes Defined 8 ARTICLE 9 - INSURANCE 9 9.1 Tenant's Insurance 9 9.2 Landlord's Insurance 9 9.3 Tenant's Obligation to Reimburse 9 9.4 Release and Waiver of Subrogation 9

Common Operating Expenses. 12 ARTICLE 9 INSURANCE.......................................................................14 ARTICLE 10 LIMITATION ON LANDLORD'S LIABILITY AND INDEMNITY ...............................16

Common Operating Expenses. For purposes of this Lease, the term “Common Operating Expenses” shall consist of all “operating costs” (as hereinafter defined) for the Property. For purposes of this Lease, the term “operating costs” shall mean all expenses, costs and disbursements, subject to the exclusions set forth in Section 3.3.13 hereof, relating to or incurred or paid in connection with the ownership, operation, maintenance and repair of the Property, computed in accordance with generally accepted accounting principles, consistently applied, including, but not limited to, the following:

Common Operating Expenses. 16 8.1 Tenant's Obligation to Reimburse..................................................... 16 8.2

Common Operating Expenses. 14 8.1 Tenant's Obligations to Reimburse........................14 8.2 Common Operating Expenses Defined........................16 8.3

Common Operating Expenses. During the New Premises Lease Term, Tenant shall pay to Landlord, as Additional Rent, Tenant’s Share of Common Operating Expenses in accordance with all of the terms and conditions set forth in the Original Lease, as amended hereby, relating to payment of Common Operating Expenses, except that Tenant’s Share with respect to Tenant’s lease of the New Premises shall be sixty-two and seventy-two one hundredths percent (62.72%) as to the New Building and twenty and twenty-four one hundredths percent (20.24%) as to the Project.

Common Operating Expenses. The term "Common Operating Expenses" is defined in §8.2. 1.11 Consumer Price Index: The term "Consumer Price Index" shall refer to the Consumer Price Index, All Urban Consumers, subgroup "All Items", for the San Francisco-Oakland-San J▇▇▇ metropolitan area (base year 1982-84 equals 100), which is presently being published monthly by the United States Department of Labor, Bureau of Labor Statistics. However, if this Consumer Price Index is changed so that the base year is altered from that used as of the commencement of the initial term of this Lease, the Consumer Price Index shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics to obtain the same results that would have been obtained had the base year not been changed. If no conversion factor is available, or if the Consumer Price Index is otherwise changed, revised or discontinued for any reason, there shall be substituted in lieu thereof and the term "Consumer Price Index" shall thereafter refer to the most nearly comparable official price index of the United States government in order to obtain substantially the same result as would have been obtained had the original Consumer Price Index not been discontinued, revised or changed, which alternative index shall be selected by Landlord and shall be subject to Tenant's written approval.

Common Operating Expenses. In addition to monthly base rent, Lessee shall pay Lessor a proportionate share of the cost of operating and maintaining the building, (including, but not by way of limitation, the amounts expended for property taxes, insurance, electricity, water, sewage, trash removal, cleaning, security and repairs excluding depreciation). Lessee's proportionate share of these common operating expenses shall be the percentage determined by dividing the sq ft of Lessee's office indicated above by 32,000, the approximate sq ft of leasable space in Renar Centre. These common operating expenses shall be billed and paid monthly along with monthly base rent. For mutual convenience, Lessor may bill ▇▇ an estimated average monthly basis so as to minimize fluctuations in these charges.