Common use of OPERATING COSTS ADJUSTMENT Clause in Contracts

OPERATING COSTS ADJUSTMENT. Tenant’s Proportionate Share of the amount by which the Operating Costs incurred during any calendar year during the Term exceed the Operating Costs incurred during the Base Year (Section 3.2)

OPERATING COSTS ADJUSTMENT. Tenant’s Proportionate Share of the amount by which the Operating Costs incurred during any calendar year during the Term exceed the Operating Costs incurred by Landlord during the Base Year (Section 3.2)