Additional Rental Amount. a. Tenant shall pay One hundred percent (100%) of Operating Expenses and Real Estate Taxes, as defined above, since Tenant's Premises consists of One Hundred percent (100%) of the Building. b. Landlord shall provide to Tenant an annual statement reflecting all of the Building's Operating Expenses. c. The parties agree this Lease is a net net net lease. d. Additional Rent payments shall commence at the same time as the Basic Rent payments, that is, on the date which is the earlier of (a) Forty-five (45) days after the completion of the Building or (b) the date upon which Tenant opens for business in the Premises. Any adjustments to Additional Rent charges shall be made on an annual basis from the date Additional Rent payments commenced.
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Samples: Office Lease (Vestin Group Inc), Office Lease (Vestin Group Inc), Office Lease (Vestin Group Inc)
Additional Rental Amount. a. Tenant shall pay One hundred percent (100%) of Operating Expenses and Real Estate Taxes, as defined above, since Tenant's ’s Premises consists of One Hundred percent (100%) of the Building.
b. Landlord shall provide to Tenant an annual statement reflecting all of the Building's ’s Operating Expenses.
c. The parties agree this Lease is a net net net lease.
d. Additional Rent payments shall commence at the same time as the Basic Rent payments, that is, on the date which is the earlier of (a) Forty-five (45) days after the completion of the Building or (b) the date upon which Tenant opens for business in the Premises. Any adjustments to Additional Rent charges shall be made on an annual basis from the date Additional Rent payments commenced.
Appears in 1 contract
Samples: Office Lease (Vestin Fund Iii LLC)