ADDITIONAL ANNUAL RENT

ADDITIONAL ANNUAL RENT. Annual Additional Rent is Tenant's Pro Rata Share of actual Operating Expenses for the prior calendar year reduced by the product of the Expense Stop multiplied by 19,765 square feet, except that Landlord will place a CAP of 4% per year over each preceding year of the Lease Term, on the increase of the Controllable Operating Expenses of the Building, excluding however, any increase in the Uncontrollable Operating Expenses, for which Tenant will always pay its full Pro Rata Share of such... increases, even if such increases are greater than 4% over the previous year's costs. View More