Exclusions from Operating Expenses. Despite any other provision of Subsection 5.2.4, Operating Expenses shall not include: (a) depreciation, interest, and amortization on mortgages or ground lease payments, except as otherwise stated in this Section 5.2, (b) legal fees incurred in negotiating and enforcing tenant leases, (c) real estate brokers' leasing commissions, (d) initial improvements or alterations to tenant spaces, (e) the cost of providing any service directly to and paid directly by any tenant, (f) any costs expressly excluded from Operating Expenses elsewhere in this Lease, (g) costs of any items for which Landlord receives reimbursement from insurance proceeds or a third party. Insurance proceeds shall be excluded from Operating Expenses in the year in which they are received, except that any deductible amount under any insurance policy shall be included within Operating Expenses, (h) costs of capital improvements, except as otherwise stated in this Section 5.2.
Appears in 2 contracts
Sources: Office Lease (Acc Consumer Finance Corp), Office Lease (Cayenta Inc)
Exclusions from Operating Expenses. Despite any other provision of Subsection 5.2.4Section 4.2, Operating Expenses shall not include: :
(a) depreciationDepreciation, interest, and or amortization on mortgages or ground lease payments, except as otherwise stated in this Section 5.2, 4.2.
(b) legal Legal fees incurred in negotiating and enforcing tenant leases, .
(c) real Real estate brokers' leasing commissions, .
(d) initial Initial improvements or alterations to tenant spaces, .
(e) the The cost of providing any service directly to and paid directly by any tenant, .
(f) any Any costs expressly excluded from Operating Expenses elsewhere in this Lease, .
(g) costs Costs of any items for which Landlord receives reimbursement from insurance proceeds or a third party. Insurance proceeds shall be excluded from reduce Operating Expenses in the year in which they are received, except that any deductible amount under any insurance policy shall be included within Operating Expenses, .
(h) costs Costs of capital improvements, except as otherwise stated in this Section 5.24.2.
Appears in 2 contracts
Sources: Office Lease (National Insurance Group /Ca/), Office Lease (National Information Group)
Exclusions from Operating Expenses. Despite any other provision of Subsection 5.2.4subsection 4.2 (d), Operating Expenses shall not include: :
(a) depreciationDepreciation, interest, and or amortization on mortgages or ground lease payments, except as otherwise stated in this Section 5.2, section 4.2.
(b) legal Legal fees incurred in negotiating and enforcing tenant leases, (c) real estate brokers' leasing . commissions, (d) initial improvements or alterations to . tenant spaces, (e) the cost of providing any service . directly to and paid directly by any tenant, (f) any costs expressly excluded from . Operating Expenses elsewhere in this Lease, .
(c) Real estate brokers’ leasing
(d) Initial improvements or alterations to
(e) The cost of providing any service
(f) Any costs expressly excluded from
(g) costs Costs of any items for which Landlord receives reimbursement from insurance proceeds or a third party. Insurance proceeds shall be excluded from Operating Expenses in the year in which they are received, except that any deductible amount under any insurance policy shall be included within Operating Expenses, .
(h) costs Costs of capital improvements, except as otherwise stated in this Section 5.2section 4.2.
Appears in 1 contract
Sources: Gross Lease Agreement
Exclusions from Operating Expenses. Despite any other provision of Subsection 5.2.4subsection 4.2.4, Operating Expenses shall not include: (a) depreciationDepreciation, interest, and amortization on mortgages or ground lease payments, except excels as otherwise stated in this Section 5.2, section 4.2; (b) legal Legal fees incurred in negotiating and enforcing tenant leases, ; (c) real Real estate brokers' ’ leasing commissions, ; (d) initial Initial improvements or alterations to tenant spaces, ; (e) the The cost of providing any service directly to and paid directly by any tenant, tenant (f) any Any costs expressly excluded from Operating Expenses elsewhere in this Lease, ; (g) costs Costs of any items for which Landlord receives reimbursement from font insurance proceeds or a third party. Insurance proceeds shall be excluded exduded from Operating Expenses in the year in which they are received, except that any deductible amount under any insurance policy shall be included within Operating Expenses, ; and (h) costs Costs of capital improvements, except as otherwise stated in this Section 5.2section 4.2.
Appears in 1 contract
Sources: Office Lease (Inpixon)