Common use of Part Years Clause in Contracts

Part Years. If the Rent Commencement Date or the Expiration Date occurs in the middle of an Operating Year, Tenant shall be liable for only that portion of the Building Operating Costs and Property Operating Costs with respect to such Operating Year within the Term.

Appears in 2 contracts

Sources: Sublease (Praxis Precision Medicines, Inc.), Sublease (Praxis Precision Medicines, Inc.)

Part Years. If the Rent Commencement Date or the Expiration Date occurs in the middle of an Operating Year, Tenant shall be liable for only that portion of the Building Operating Costs and Property Operating Costs with respect to such Operating Year within the Term.

Appears in 1 contract

Sources: Consent to Sublease (Aveo Pharmaceuticals Inc)

Part Years. If the Rent Commencement Date or the Expiration Date occurs in the middle of an Operating Yeara fiscal year, Tenant shall be liable for only that portion of the Building Operating Costs and Property Operating Costs with respect to such Operating Year fiscal year within the Term.

Appears in 1 contract

Sources: Lease Agreement (Theseus Pharmaceuticals, Inc.)