Common use of Operating Expenses and Real Property Taxes Clause in Contracts

Operating Expenses and Real Property Taxes. During the period beginning on the Commencement Date and continuing through and until the Direct Expense Date (as defined in Section 3.3(a) below), Tenant shall pay Landlord the sum of Six Thousand Nine Hundred Sixty-Four and 00/100 Dollars ($6,964.00) (i.e., $0.20 per square foot) per month for Operating Expenses (inclusive of association fees and water and sewer service, but excluding electricity service to the Premises) and Real Property Taxes, as Landlord shall be responsible for providing all items described as Operating Expenses for the period prior to the Direct Expense Date. Beginning on the Direct Expense Date, Tenant shall pay one hundred percent (100%) of the Operating Expenses, as provided in Section 3.3 below, and the Real Property Taxes applicable to the Premises, as provided in Section 9 below. In addition, Tenant shall pay for the actual cost of all utility services to the Building and security services for the Building required by Tenant, if any.