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.

Appears in 4 contracts

Samples: Lease (Solta Medical Inc), Lease (Sound Surgical Technologies Inc.), Lease (Sound Surgical Technologies Inc.)

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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.

Appears in 3 contracts

Samples: Lease (Bi Inc), Lease Agreement (Chaparral Network Storage Inc), Lease (Chaparral Network Storage Inc)

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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 statementtime. Any errors shall be adjusted accordingly.

Appears in 1 contract

Samples: Lease Agreement (Bi Inc)

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