Common use of 05A Clause in Contracts

05A. Lessee’s Operating Expense estimates: On or about April 1st of each calendar year, Lessor will provide Lessee with a statement of: (1) Lessee’s annual share of estimated Operating Expenses in excess of Base Year Operating Expenses for the then current calendar year; (2) Lessee’s monthly Operating Expense estimate for the then current year; and, (3) Lessee’s retroactive estimate correction billing (for the period of January 1st through the date immediately prior to the commencement date of Lessee’s new monthly Operating Expense estimate) for the difference between Lessee’s new and previously billed monthly Operating Expense estimates for the then current year.

Appears in 2 contracts

Samples: Service Lease (Digimarc Corp), Service Lease (Digimarc CORP)

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05A. Lessee’s Operating Expense estimates: On or about April 1st of each calendar year, Lessor will provide Lessee with a statement of: (1) Lessee’s annual share of estimated Operating Expenses in excess of over the Base Year Operating Expenses level for the then current calendar year; (2) Lessee’s monthly Operating Expense estimate for the then current year; and, (3) Lessee’s retroactive estimate correction billing (for the period of January 1st through the date immediately prior to the commencement date of Lessee’s new monthly Operating Expense estimate) for the difference between Lessee’s new and previously billed monthly Operating Expense estimates for the then current year.

Appears in 1 contract

Samples: Lease (Merix Corp)

05A. Lessee’s 's Operating Expense estimates: On or about April 1st of each calendar year, Lessor will provide Lessee with a statement of: (1) Lessee’s 's annual share of estimated Operating Expenses in excess of Base Year Operating Expenses for the then current calendar year; (2) Lessee’s 's new monthly Operating Expense estimate for the then current year; and, (3) Lessee’s 's retroactive estimate correction billing (for the period of January 1st through the date immediately prior to the commencement date of Lessee’s 's new monthly Operating Expense estimate) for the difference between Lessee’s 's new and previously billed monthly Operating Expense estimates for the then current year.

Appears in 1 contract

Samples: Lease (Integrated Security Systems Inc)

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05A. Lessee’s 's Operating Expense estimates: On or about April 1st l" of each calendar year, Lessor will provide Lessee with a statement of: (1I) Lessee’s 's annual share of estimated Operating Expenses in excess of Base Year Operating Expenses for the then current calendar year; (2) Lessee’s 's monthly Operating Expense estimate for the then current year; and, (3) Lessee’s 's retroactive estimate correction billing (for the period of January 1st I" through the date immediately prior to the commencement date of Lessee’s 's new monthly Operating Expense estimate) for the difference between Lessee’s 's new and previously billed monthly Operating Expense estimates for the then current year.

Appears in 1 contract

Samples: Sublease Agreement (Digimarc CORP)

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