Common use of Tenant’s Allocable Share Clause in Contracts

Tenant’s Allocable Share. For purposes of prorating Reimbursable Operating Costs which Tenant shall pay, Tenant's Allocable Share of Reimbursable Operating Costs shall be computed by multiplying the Reimbursable Operating Costs by a fraction, the numerator of which is the rentable square footage of the Premises and the denominator of which is either the total rentable square footage of the Building if the service or cost is allocable only to the Building, or the total square footage of the Project if the service or cost is allocable to the entire Project. Tenant's obligation to share in Reimbursable Operating Costs shall be prorated for any partial months during the Lease Term, and is subject to recalculation in the event of expansion of the Project. Using the above formula, Tenant's Allocable Share for the Building is 100% and for the Project is 14.5%. (i) property taxes; (ii) property insurance; (iii) roof maintenance; (iv) scheduled weekly landscape maintenance, (iv) parking lot sweeping; and (v) Common Area utilities. To the best of Landlord's knowledge, there are no significant increases foreseen in the above expenses for calendar year 2002.