Expense Stop

Expense Stop. Not Applicable.

Expense Stop. (fill in if applicable): $ N/A.

Expense Stop. Tenant's Annual Base Rent includes a component applicable to the Operating Expenses equal to $6.27 per net rentable square foot, which component is hereinafter referred to as the "Expense Stop." The Expense Stop is an estimate of the Operating Expenses of the Building (grossed up to 95% occupancy) as of December 15, 2004, and is the sum of (a) $1.25 per net rentable square foot for electricity and gas serving the Premises plus (b) $5.02 per net rentable square foot for all other Operating... Expenses. View More

Expense Stop. The Expense Stop will be established during the 12-month period of 2007 (hereinafter referred to as the "Base Year"). During the Base Year, Tenant shall pay only Base Rental; Tenant shall have no liability for any adjustments to Base Rental pursuant to Section 6 of this Lease for the Base Year. At the conclusion of the Base Year, the Expense Stop per square foot of Rentable Area will be determined for the remaining Lease Term, including any extension of the Lease Term in accordance with the... provisions of this Lease, by dividing the Operating Expenses for the Base Year as determined in Section 1(j) below, by 34,520 (the square feet of Rentable Area in the Building). View More