Common use of Operating Expenses Defined Clause in Contracts

Operating Expenses Defined. As used herein, the term “Operating Expenses” shall mean all expenses, costs and disbursements of every kind and nature, except as specifically excluded otherwise herein, which Landlord incurs because of or in connection with the ownership, maintenance, management and operation of the Project, including, if the Project is less than ninety-five percent (95%) occupied, all additional costs and expenses of operation, management and maintenance of the Project which Landlord determines that it would have paid or incurred during any Calendar Year if the Project had been ninety-five percent (95%) occupied. Operating Expenses may include, without limitation, all costs, expenses and disbursements incurred or made in connection with the following:

Operating Expenses Defined. As used herein, the term “"Operating Expenses” " shall mean all expenses, expenses and costs and disbursements of every kind and nature, except as specifically excluded otherwise herein, nature which Landlord incurs because of or in connection with the ownership, maintenance, management and operation of the ProjectBuilding (which expressly includes the Land, includingthe Building and the Common Area), if the Project Building is less than ninety-five percent (95%) occupied, including all additional costs and expenses of operation, management and maintenance of the Project Building which Landlord determines that it would have paid or incurred during any Calendar Year if the Project Building had been ninety-five percent (95%) occupied. Operating Expenses may shall include, without limitation, all costs, expenses and disbursements incurred or made in connection with the following: