Common use of Audit and Adjustment Procedures Clause in Contracts

Audit and Adjustment Procedures. (a) The annual determination and statement of Taxes and Operating Costs shall be prepared in accordance with generally accepted accounting principles consistently applied. In the event of any dispute as to any Additional Rent due under this Lease, Tenant shall have the right to inspect Landlord’s accounting records relative to Taxes and Operating Costs at the office in which Landlord maintains its records during normal business hours at any time following the furnishing by Landlord to Tenant of the statement. Any errors shall be adjusted accordingly. (b) If the Term of this Lease commences on any day other than the 1st day of the month, or if the Term of this Lease ends on any day other than the last day of the month, any payment due to Landlord by reason of an increase in Taxes or Operating Costs shall be prorated on the basis by which the number of days in such partial year bears to 365. (c) All sums which Tenant is required to pay or discharge pursuant to Section 5 of this Lease in addition to Base Rent, together with any interest or other sums which may be added for late payment, shall constitute “Rent”.

Audit and Adjustment Procedures. (a) The annual determination and statement of Taxes and Operating Costs shall be prepared in accordance with generally accepted accounting principles consistently appliedprinciples. In the event of any dispute as to any Additional Rent due under this Lease, Tenant shall have the right to inspect Landlord’s 's accounting records relative to Taxes and Operating Costs at the office in which Landlord maintains its records during normal business hours at any time following the furnishing by Landlord to Tenant of the statement. Any errors shall be adjusted accordingly. (b) If the Term of this Lease commences on any day other than the 1st first day of the month, or if the Term of this Lease ends on any day other than the last day of the month, any payment due to Landlord by reason of an increase in Taxes or Operating Costs shall be prorated on the basis by which the number of days in such partial year bears to 365. (c) All sums which Tenant is required to pay or discharge pursuant to Section 5 of this Lease in addition to Base Rent, together with any interest or other sums which may be added for late payment, shall constitute “"Rent”".

Audit and Adjustment Procedures. (a) The annual determination and statement of Taxes and Operating Costs shall be prepared in accordance with generally accepted accounting principles consistently appliedprinciples. In the event of any dispute as to any Additional Rent due under this Lease, Tenant shall have the right to inspect Landlord’s 's accounting records relative to Taxes and Operating Costs at the office in which Landlord maintains its records during normal business hours at any time following the furnishing by Landlord to Tenant of the statement. Any errors shall be adjusted accordingly. (b) If the Term of this Lease commences on any day other than the 1st first day of the monthMarch 26, 1997, or if the Term of this Lease ends on any day other than -------------- the last day of the monthNovember 14, 1999, any payment due to Landlord by reason of an ----------------- increase in Taxes or Operating Costs shall be prorated on the basis by which the number of days in such partial year bears to 365. (c) All sums which Tenant is required to pay or discharge pursuant to Section 5 of this Lease in addition to Base Rent, together with any interest or other sums which may be added for late payment, shall constitute “"Rent”".