Document ID: 13864

Text:
(c) Notwithstanding anything to the contrary set forth herein or in the Lease, for purposes of computing Tenants Excess Basic Costs, the actual Controllable Basic Costs (hereinafter defined) for the first full calendar year following the Base Year shall not increase by more than six percent ( 6% ) over the actual Controllable Basic Costs for the Base Year.Thereafter, the actual Controllable Basic Costs for any calendar year shall not increase by more than six percent( 6% ) over the actual Controllable Basic Costs for the prior calendar year on a cumulative and compounding basis.In other words, actual Controllable Basic Costs for the calendar year following the Base Year (i.e., for calendar year 2019) shall not exceed one hundred six percent ( 106% ) of actual Controllable Basic Costs for the Base Year, and actual Controllable Basic Costs for calendar year 2020 shall not exceed one hundred six percent ( 106% ) of actual Controllable Basic Costs for calendar year 2019. For purposes of this Lease, Controllable Basic Costs shall mean all Basic Costs other than utility expenses, insurance premiums and real estate taxes. ---|--- |

Named Entities:
53
54
Percentage
143
144
Percentage

Tokenized Text:
(
c
)
Notwithstanding
anything
to
the
contrary
set
forth
herein
or
in
the
Lease
,
for
purposes
of
computing
Tenants
Excess
Basic
Costs
,
the
actual
Controllable
Basic
Costs
(
hereinafter
defined
)
for
the
first
full
calendar
year
following
the
Base
Year
shall
not
increase
by
more
than
six
percent
(
6
%
)
over
the
actual
Controllable
Basic
Costs
for
the
Base
Year
.
Thereafter
,
the
actual
Controllable
Basic
Costs
for
any
calendar
year
shall
not
increase
by
more
than
six
percent
(
6
%
)
over
the
actual
Controllable
Basic
Costs
for
the
prior
calendar
year
on
a
cumulative
and
compounding
basis
.
In
other
words
,
actual
Controllable
Basic
Costs
for
the
calendar
year
following
the
Base
Year
(
i
.
e
.
,
for
calendar
year
2019
)
shall
not
exceed
one
hundred
six
percent
(
106
%
)
of
actual
Controllable
Basic
Costs
for
the
Base
Year
,
and
actual
Controllable
Basic
Costs
for
calendar
year
2020
shall
not
exceed
one
hundred
six
percent
(
106
%
)
of
actual
Controllable
Basic
Costs
for
calendar
year
2019
.
For
purposes
of
this
Lease
,
Controllable
Basic
Costs
shall
mean
all
Basic
Costs
other
than
utility
expenses
,
insurance
premiums
and
real
estate
taxes
.
-
-
-
|
-
-
-
|