Common use of Adjustments following review Clause in Contracts

Adjustments following review. For the purposes of clause 5.2(b)(ii), DHA will calculate the necessary adjustments after a concluded rent review so as to place the parties in the same position as if the final determined rent took effect the day after the relevant Review Date, either by: (a) DHA paying the Lessor the amount of any underpayment within 14 days of the determination of rent; or (b) the Lessor refunding within 14 days of demand, or DHA deducting from its monthly rent payments, the amount of any overpayment.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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