Tenant's Proportionate Share of Clause Samples

Tenant's Proportionate Share of. PASS THROUGH EXPENSES shall mean the product of the sum of Pass Through Expenses multiplied by Tenant's Proportionate Share for each Adjustment Year.
Tenant's Proportionate Share of. (i) All real estate taxes, including assessments, all insurance costs, water and sewer charges, governmental charges levied on or attributable to the Project and all costs to maintain, repair, service and replace the Common Areas; however, the portion of the aforesaid mentioned items (real estate taxes, including assessments, all insurance costs, and all costs to maintain, repair, service, and replace the Common Areas) related to any undeveloped portion of the Project shall not be included in Tenant's proportionate share, but shall be borne by Landlord (ii) Reasonable reserves for the costs of repairing, painting and resurfacing the Common Area; (iii) Reasonable costs to supervise and administer the Project. Said costs shall include a third party property management fee in connection with same and shall also include a fee to Landlord to supervise and administer same in a combined amount not to exceed ten percent (10%) of the total costs of Section 5.2 (a)(2)(i) and (2)(ii) above; (iv) Any parking charges, utilities surcharges, or any other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by any governmental authority in connection with the use or occupancy of the Premises or the parking facilities serving the Premises; and (v) Any costs to inspect, repair, maintain or replace the heating, air conditioning and fire protection systems and equipment (including fire sprinklers) serving the Premises, including the cost of a preventive maintenance contract providing for the regular inspection and maintenance of same. Landlord shall be responsible for obtaining a service contract for repairs and maintenance of the heating and air conditioning system serving the Premises. (b) Upon the Lease Term Commencement Date, Landlord shall submit to Tenant a statement of the anticipated monthly CAM charges for the period between the Lease Term Commencement Date and the following January and Tenant shall pay the CAM on a monthly basis concurrently with the payment of Minimum Rent. Tenant shall continue to make said monthly payments until notified by Landlord of a change thereof. By April 1 of each year Landlord shall endeavor to give Tenant a statement showing the total CAM charges for the Project for the prior calendar year and Tenant's allocable share thereof, prorated from the Lease Term Commencement Date. In the event the total of the monthly payments which Tenant has made for ...
Tenant's Proportionate Share of. (i) All real estate taxes, including assessments, all insurance costs, and all costs to maintain, repair, service and replace the Common Areas; (ii) Reasonable reserves for the costs of repairing, re-roofing, painting and resurfacing the Common Areas; (iii) All costs to supervise and administer the Common Areas. Said costs may include a property management fee in connection with same and shall in any event include a fee to Landlord to supervise and administer same in an amount equal to ten percent (10%) of the total costs of Section 6(a)(2)(i) above; (iv) Any parking charges, utilities surcharges, or any other costs levied, assessed or imposed by, or at the direction of, or resulting from statutes or regulations, or interpretations thereof, promulgated by any governmental authority in connection with the use or occupancy of the Premises or the parking facilities serving the Premises; and (v) Any costs to inspect, repair, maintain or replace the heating, air conditioning and fire protection systems and equipment (including fire sprinklers) serving the Premises, including the cost of a preventive maintenance contract providing for the regular inspection and maintenance of same. Landlord shall be responsible for obtaining a service contract for repairs and maintenance of the heating and air conditioning system serving the Premises.

Related to Tenant's Proportionate Share of

  • Tenant’s Proportionate Share (Section 4.4.3.1): 6.27 percent (6.27%). Such share is a fraction, the numerator of which is the rentable square feet of the Premises, and the denominator of which is the rentable square feet of the Building, as determined by Landlord from time to time on a consistent basis.

  • Proportionate Share If the Premises are a part of a multiple tenancy complex, the responsibility of the Lessee for costs are determined by taking a percentage of the total cost of the expenses based upon the rentable floor space in said complex occupied by the Lessee. It is agreed that the Premises is [%] ("Proportionate Share") of the total floor space in the building. The Lessor may, with notice to the Lessee, elect to perform and provide certain maintenance and services pertaining to the entire building or area of which the Premises are a part, including, but not limited to, landscaping, trash removal, lawn maintenance, common area lighting, watering, paving maintenance, and snow removal. In such event, the Lessee shall reimburse the Lessor for its Proportionate Share of such maintenance services. Within ninety (90) days following the end of each year during the Term, the Lessor shall furnish the Lessee with a written statement covering the lease year just expired (measured from the Commencement Date), showing in reasonable detail a general breakdown of the total operating costs, the amount of the Lessee's obligation relating thereto, and the total payments made by the Lessee. The Lessee agrees to conduct its business in a lawful and legal manner, and in a way that provides quiet enjoyment to the rest of the Lessees in the complex, including, but not limited to, mitigation and limitation of noise, vibration, odor, trash, or fumes. In the event the Lessor receives complaints from other Lessees in the building or complex and determines, in its sole reasonable judgment, that the Lessee is conducting its operations in a manner so as to be objectionable to other Lessees, the Lessee shall, upon notice from the Lessor, promptly modify its operations to eliminate such objections.

  • Tenant’s Pro Rata Share For the period commencing with the Expansion Effective Date and ending on the Termination Date, Tenant’s Pro Rata Share for the Expansion Space is one point one five percent (1.15%).

  • Landlord’s Expenses In the event Tenant shall assign this Lease or sublet the Premises or request the consent of Landlord to any Transfer, then Tenant shall pay Landlord's reasonable costs and expenses incurred in connection therewith, including, but not limited to, attorneys', architects', accountants', engineers' or other consultants' fees.

  • Common Area Operating Expenses Lessee shall pay to Lessor during the term hereof, in addition to the Base Rent, Lessee's Share (as specified in Paragraph 1.6(b)) of all Common Area Operating Expenses, as hereinafter defined, during each calendar year of the term of this Lease, in accordance with the following provisions: