Common use of Items Included Clause in Contracts

Items Included. The term "Operating Costs" shall include, but not -------------- be limited to (i) the Annual Amortization (defined in paragraph 1 (c) (ii) below) of certain capital expenditures, described in paragraph 1(c) (ii) below; (ii) compensation (including normal and customary vacation time, health benefits, reasonable sick leave and employment taxes) of all persons who perform duties connected with the operation, maintenance and repair of the Building, excluding any executive above the level of building manager; (iii) accounting fees incurred in connection with the determination and allocation of Operating Costs; (iv) a management and overhead fee equal to one and three-quarter (1.75%) per year of Tenant's annual Base Rent hereunder, which shall include all fees for Landlord's direct personnel and office expenses; (v) insurance premiums for the insurance coverage required to be carried by Landlord pursuant to Article XVI, paragraph 1; and (vi) any deductibles under the insurance coverage required to be carried by Landlord pursuant to Article XVI, paragraph 1. The computation of Operating Costs shall be made in accordance with Generally Accepted Accounting Principles.

Items Included. The term "Operating Costs" shall include, but -------------- not -------------- be limited to (i) the Annual Amortization (defined in paragraph 1 (c) (ii1(c)(ii) below) of certain capital expenditures, described in paragraph 1(c) (iil(c)(ii) below; (ii) compensation (including normal and customary vacation time, health benefits, reasonable sick leave and employment taxes) of all persons who perform duties connected with the operation, maintenance and repair of the Building, excluding any executive above the level of building manager; (iii) accounting fees incurred in connection with the determination and allocation of Operating Costs; (iv) a management and overhead fee equal to one and three-quarter (1.75%) per year of Tenant's annual Base Rent hereunder, which shall include all fees for Landlord's direct personnel and office expenses; (v) insurance premiums for the insurance coverage required to be carried by Landlord pursuant to Article XVI, paragraph 1; and (vi) any deductibles under the insurance coverage required to be carried by Landlord pursuant to Article XVI, paragraph 1. The computation of Operating Costs shall be made in accordance with Generally Accepted Accounting Principles.. 7