Common use of Operating Clause in Contracts

Operating. The LESSEE shall pay to the LESSOR as additional rent hereunder when and as ESCALATION operating expenses over those incurred during the calendar year .

Operating. The LESSEE shall pay to the LESSOR as additional rent hereunder when and as COST designated by notice in writing by ▇▇▇▇▇▇, % percent of any increase in ESCALATION operating expenses over those incurred during the calendar year .