Common use of Operating Expense Contribution Clause in Contracts

Operating Expense Contribution. Tenant shall pay Operating Expense Contribution equal to Tenant's proportionate share of the annual Operating Expenses, estimated at $7.54 per rentable square foot per annum including utilities (excluding electric), real estate taxes and insurance for year 2004 & 2005, subject to adjustment at the beginning of each calendar year for remainder of lease. Operating Expense Contribution shall be paid in equal monthly installments along with the Base Rent andf electric.

Appears in 2 contracts

Sources: Office Lease Agreement, Office Lease Agreement (Zix Corp)