Additional Rent Estimate Sample Clauses
The "Additional Rent Estimate" clause defines the landlord's obligation to provide the tenant with an estimate of extra charges beyond base rent, such as maintenance fees, property taxes, or utilities. Typically, the landlord calculates these anticipated costs for a given period and communicates them to the tenant, who may be required to pay these amounts in advance or as part of monthly rent. This clause ensures that tenants are informed about potential additional financial obligations, promoting transparency and helping both parties budget more accurately.
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Additional Rent Estimate. The Operating Costs (including in-suite utility charges other than hydro usage for the Leased Premises which shall be separately metered or check metered and in-suite janitorial charges) and Taxes payable by tenants of the Building for the calendar year 2015 are estimated by the Landlord to be Thirteen Dollars and Ten Cents ($13.10) per square foot of the Rentable Area of the Leased Premises per annum, plus Sales Taxes; it being understood that this estimate by the Landlord is a bona fide estimate, but that it is not intended by the Landlord to be relied upon by the Tenant and is not binding and does not impose liabilities on the Landlord or affect the Tenant’s obligations hereunder.
Additional Rent Estimate. The amount to be paid initially as ------------------------ Expense Rental has been estimated by Lessor for the calendar year, 1997, Lessee's first full calendar year of the Term. Thereafter, Lessee's payment of Basic Costs shall be estimated and adjusted by Lessor as soon as reasonably possible after the end of each calendar year. The estimates and adjustments shall be made in accordance with the following procedures.
Additional Rent Estimate. THE LANDLORD ESTIMATES ADDITIONAL RENT FOR THE LANDLORD'S FISCAL YEAR COMMENCING NOVEMBER 1, 1996 AND ENDING OCTOBER 31, 1997 TO BE $6.34 PER SQUARE FOOT OF RENTABLE AREA FOR OPERATING COSTS AND $0.86 PER SQUARE FOOT OF RENTABLE AREA FOR TENANT HYDRO-ELECTRIC CHARGES. THE LANDLORD'S ESTIMATE FOR TAXES FOR THE CALENDAR YEAR 1997 IS $6.74 PER SQUARE FOOT OF RENTABLE AREA. THE TENANT ACKNOWLEDGES THAT THE FOREGOING AMOUNTS ARE ESTIMATES ONLY AND ARE ONLY PROVIDED FOR BUDGETARY PURPOSES.
Additional Rent Estimate. 6 ARTICLE III - CONTROL OF DEVELOPMENT . . . . . . . . . . . . . . . . . . . . .6 Section 3.01 Landlord's Services. . . . . . . . . . . . . . . . .6 Section 3.02 Alterations by Landlord. . . . . . . . . . . . . . .7