Common use of Common Costs Clause in Contracts

Common Costs. The Common Costs for each Lease Year shall be estimated by the Homeowners Corporation and communicated to the Sublessee. The Homeowners Corporation shall have the right at any time during any Lease Year to adjust the budget for the Common Costs for such Lease Year or to allocate specific Common Costs, in whole or in part, to the Sublessee based on a determination by the Homeowners Corporation that the Sublessee is solely or partially responsible for such costs, in which event the amount payable by the Sublessee as its Proportionate Share of the Common Costs shall be adjusted accordingly. The Sublessor reserves the right to estimate, xxxx, re-estimate and collect Common Costs to the extent such Common Costs have not been charged by the Homeowners Corporation, or paid by the Sublessee to the Homeowners Corporation, and if the Sublessor bills the Sublessee for the Sublessee’s Proportionate Share of such Common Costs, the Sublessee shall forthwith pay such amount to the Sublessor as Additional Rent.

Common Costs. The Common Costs for each Lease Year shall be estimated by the Homeowners Corporation (or the Sublessor until the Completion Date) and communicated to the Sublessee. The Homeowners Corporation shall have the right at any time budget for Common Costs during any Lease Year to adjust the budget for the may be readjusted at any time and specific Common Costs for such Lease Year or to allocate specific Common Costsmay be reallocated, in whole or in part, to the Sublessee based on a determination by the Homeowners Corporation (or the Sublessor until the Completion Date) that the Sublessee is solely or partially responsible for such costs, in which event the amount payable by the Sublessee as its Proportionate Share of the Common Costs shall be adjusted accordingly. The Following the Completion Date the Sublessor reserves the right to estimate, xxxx, re-re- estimate and collect Common Costs to the extent such Common Costs have not been charged by the Homeowners Corporation, or paid by the Sublessee to the Homeowners Corporation, and if the Sublessor bills the Sublessee for the Sublessee’s Proportionate Share of such Common Costs, the Sublessee shall forthwith pay such amount to the Sublessor as Additional Rent.