If the Operating Costs for any Expense Year subsequent to the Base Year, calculated on the basis of the greater of # actual Operating Costs; or # as if the Complex were at least one hundred percent (100%) occupied and operational for the whole of such Expense Year, are more than the Base Operating Costs, Tenant shall pay to Landlord its Proportionate Share of any such increase in Operating Costs over the Base Operating Costs, as additional Rent as hereinafter provided.
If the Taxes for any Expense Year subsequent to the Base Year, calculated on the basis of the greater of # actual Taxes; or # as if the Complex were at least one hundred percent (100%) occupied and operational for the whole of such Expense Year, are more than the Base Taxes, Tenant shall pay to Landlord its Proportionate Share of any such increase in Taxes over the Base Taxes, as additional Rent as hereinafter provided.
In the event the total Operating Costs incurred by Landlord for the Building in any calendar year of Landlord during the term of this Lease increase for any reason above those incurred in the Operating Cost Base Year as set forth in the Reference Data (“Base Operating Costs”), Tenant shall pay to Landlord as Additional Rent hereunder Tenant’s Proportionate Share of such increase.
The calculation of Tenant’s Proportionate Share of Increased Operating Costs shall include an adjustment to actual Operating Costs to the 2015 Base Year and each year thereafter to reflect expenses that would be incurred assuming occupancy in the Building equal to the greater of # 95% occupancy, or # actual occupancy, so that Tenant shall not be unfairly charged for any increased Operating Costs incurred by Landlord in maintaining a Building at less than 95% occupancy.
In the event the Operating Expenses during any Operating Year shall be greater than the Base Operating Expenses (as defined in Section 1.2), Tenant shall pay to Landlord, as additional rent, the amount obtained by multiplying the amount by which the Operating Expenses exceed the Base Operating
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