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EXHIBIT 1C
<br />refunds of Property Taxes, or components thereof, or the costa orconteslin& the vtidity of applicablllty of any Ion onaconents which troy
<br />affect Operating Expenses.
<br />(1) Fees for the administration and management of file Project hi tin amount equal to three percent 0%) of' the gross
<br />revenues of Ilia Prolecl (which shall be grossed by Landlord up to one hundred permit (100%) occupancy on an annual basis), without regard to
<br />whether actual fees so paid ate greater or less Ilion such amount.
<br />(In) Sales, use and excise taxes on goods and services purchased by Landlord for the managemea, maintenance,
<br />administration or operation of ilia Building or the Project.
<br />GO Fees for local civic organizations and dues for professional trade associations.
<br />(o) Payments under any cover ents, conditions and restrictions penalising to the Project or any easement, license or
<br />operating agreement or similar instrument whicb affects the Project.
<br />(P) Costs and
<br />edhating
<br />Hozmdous Materials, other than abatement expenses
<br />re nedlationscostsiwi�thresp testing, t to Hazardous Materials actually known by Landlord (on die , responding in, abadrig and Effective[late) to require abatement and/orremediatton under applicable Environmental Laws.
<br />(q) The costs of repairing, restoring and maintaining the Parking Facilities of the Project, including, without limitation, die
<br />resurfacing, restriping and cleaning of such facilities,
<br />(r) Any costs, fees, amounts, disbursements and expenses which are generally Included In Operating Expenses under
<br />Institutional Owner Practices,
<br />1.5 The following costs and expenses shall be excluded Prato Operating Expenses;
<br />(a) expenses relating to leasing space In die Project (including tenant improvements, leasing and brokerage commissions
<br />and adverbs big expenses);
<br />(b) legal fees and disbursements Incurred for collection ortenant accounts or negotiation of leases, or relating to disputes
<br />between Llindord and ether tenants and occupants of the Building;
<br />(c)- Capital Items unless specifically permitted by Section 1A or this Exhibil "E", parts (a) through (r), inclusive;
<br />(d) Property Taxes;
<br />(a) amounts received by Landlord on account of proceeds of insunmcr. to the extent de proceeds are reimbursement for
<br />expenses which were previously included In Operating Expenses;
<br />(t) except to the extent specifically provided in Section 1.4 orthis Exhibit "E" parts (a) through (r), inclusive, depreciation
<br />or payments of principal and interest on any mortgages upon the Project;
<br />(9) paynionts orground rent pursuant to any ground lease covering the Project;
<br />(11) subject to 2egion 2 of' this Exhibit "E". die costs or gas, steam or other fuel; operation of elevators and security
<br />systems; besting, cooling, air conditioning and ventilating; chilled water, hot slid cold domestic water, sewer and ether utillUdA or any other service
<br />work or facility, or level or amount thereof, provided to any other tenant or occupant In the Project which either (a) is not required to be supplied or
<br />furnished by I.nndlm•d to Tenant under the pravislons of this Lease or (b) is supplied or furnished to Tenatil pursuant to the semis of dins Lease with
<br />separate or additional chargo;
<br />(1) the cost of the Landlord's Work; and
<br />0) any cost expressly excluded Stun' Operating Expenses in an express provision contained in this Lease.
<br />Ld "Excess Operating Expenses" means, with respect to any Expense Year, the positive excess, If tiny, of Operating Expenses
<br />nilocnble hereunder to such Expense Year over Operating Expenses allocable hereunder to the Ease Year,
<br />1.7 •"Excess Property Taxes" means, with respect to any Expense Year, the positive excess, If any, of the Property Taxes allocable
<br />heminder to such Expense Year over the Property Taxes ullocnblu heeunder to die Ease Year.
<br />l.S •`Tenant's Perecntnge Share" nicans [lie percentage set fe4h in ,I,L•m 3 � of tic Busfe Lease Pruvisioust provided, however, that
<br />Landlord reserves the right from lime to time during the Tenn or this Leasu to recalculate 'tenant's Percentage Share, in which case Tenant's
<br />Percenidge Shure shall be calculated by dividing the number of square feet of Rentable Aron in the Premises by die numbe•ofsgrare feet ufltentnbI
<br />Area in the Project, and expressing such quotient in the fonu ore percentage.
<br />Cnlcufll'mr hdethnlleand Adinstments.
<br />2.1 the variable components oroperaing Fxpanscs (••Norio bla Expenses") liv till or any portion orany Expense Year (including
<br />the [lase Yenr) during which actual occupancy of the Pnijecl is less than one hundred percent (100%,) of flic Rentable Area Mile Project droll be
<br />adjusted by Landlord, us determined in good fnilln by Lundlurd applying sound accounting and properly management principles (and the provisions
<br />841 lf'Ch lr Crnnv pr—C'iry uf'S'nnrrr anti Lerur .Z' Exhibit L
<br />80A-271
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