Coach 2013 Annual Report Download - page 347

H. INSURANCE Building insurance costs will be allocated by Common Interest Percentage.
I. LIGHTING The costs of maintaining, repairing and operating the Building Exterior Lighting System shall be
allocated solely among the Office Unit Owners, in accordance with their respective Office Unit
Proportionate Share.
J. GENERAL
BUILDING COSTS
General Building costs, including, but not limited to exterminating, professional fees, administration
and miscellaneous expenses for the Building will be allocated by Common Interest Percentage.
K. LOADING DOCK
COSTS
Loading Dock expenses will be allocated based on usage. Loading Dock usage charges shall be subject
to the limitations set forth in Note (1) below.
L. PROPERTY
OWNERS
ASSOCIATION
COSTS
All costs payable by the Board of Managers to the Association pursuant to the ERY FAPOA
Declaration that are directly attributable to a particular user (“ERY Usage Charges”) shall be allocated
and billed by the Board of Managers to such user. All other costs payable by the Board of Managers to
the Association pursuant to the ERY FAPOA Declaration (“ERY Shared Costs”) shall be allocated and
billed by the Board of Managers to all Units other than the Parking Unit and the Loading Dock Unit
based on Tower C Adjusted GSF (“Tower C Adjusted GSF”) The Tower C Adjusted GSF for each
such Unit Owner shall be based on 100% of the GSF of an Office Unit, the Ancillary Unit and the
Destination Retail Access Unit and 60% of the GSF of the Retail Unit relative to the total Tower C
Adjusted GSF in the Building (the “ERY Shared Costs Proportionate Shares”). The total Tower C
Adjusted GSF in the Building is equal to the sum of the GSF of the following areas for the Building: (i)
100% of the GSF of all Office Units, the Ancillary Unit and the Destination Retail Access Unit and (ii)
the GSF of the Retail Unit multiplied by 60%. “GSF” means the gross square footage of a Unit as set
forth in Exhibit B to the Declaration. The allocation of ERY Usage Charges and ERY Shared Costs
shall be subject to the limitations set forth in Note (1) below.
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