Common use of Correction of Tax Share Rent Clause in Contracts

Correction of Tax Share Rent. As soon as reasonably possible after the end of each Fiscal Year, Landlord shall deliver to Tenant a report for such Fiscal Year (the "Tax Report") setting forth (a) the actual Taxes incurred for the applicable Fiscal Year and the Base Year, (b) the amount of Tax Share Rent due from Tenant, and (c) the amount of Tax Share Rent paid by Tenant. Within twenty (20) days after such delivery, Tenant shall pay to Landlord the amount due from Tenant minus the amount paid by Tenant. If the amount paid exceeds the amount due, Landlord shall apply any the excess as a credit against Tenant's next month's payment of Tax Share Rent, refunding any overage to Tenant.

Correction of Tax Share Rent. As soon as reasonably possible ---------------------------- after the end of each Fiscal Yearfiscal year, Landlord shall deliver to Tenant a report for such Fiscal Year fiscal year (the "Tax Report") setting forth (a) the actual Taxes incurred for the applicable Fiscal Year and the Base YearTaxes, (b) the Base Taxes, (c) the amount of Tax Share Rent due from Tenant, and (cd) the amount of Tax Share Rent paid by Tenant. Within twenty (20) days after such delivery, Tenant shall pay to Landlord the amount due from Tenant minus the amount paid by Tenant. If the amount paid exceeds the amount due, Landlord shall apply any the excess as a credit against Tenant's next month's payment of Tax Share Rent, refunding any overage to Tenant.

Correction of Tax Share Rent. As soon as reasonably possible after the end of each Fiscal Year, Landlord shall deliver to Tenant a report for such Fiscal Year the previous fiscal year (the "“Tax Report"”) by April 1 of each year, or as soon as reasonably possible thereafter, setting forth (a) the actual Taxes incurred for the applicable Fiscal Year and the Base YearTaxes, (b) the Base Taxes, (c) the amount of Tax Share Rent due from Tenant, and (cd) the amount of Tax Share Rent paid by Tenant. Within twenty thirty (2030) days after such delivery, Tenant shall pay to Landlord the amount due from Tenant minus the amount paid by Tenant. If the amount paid exceeds the amount due, Landlord shall apply any the excess as a credit against Tenant's next month's payment ’s payments of Tax Share RentRent next coming due and, refunding any overage if such excess has not been fully applied within 2 months, then against other Rent next becoming due. If this Lease has been terminated prior to such determination, such excess will be promptly paid to Tenant.

Correction of Tax Share Rent. As soon as reasonably possible after the end of each Fiscal Year, Landlord shall deliver ---------------------------- to Tenant a report for such Fiscal Year the previous fiscal year (the "Tax Report") by ---------- May 15 of each year, or as soon as reasonably possible thereafter, setting forth (a) the actual Taxes incurred for the applicable Fiscal Year and the Base YearTaxes, (b) the amount of Tax Share Rent due from Tenant, and (c) the amount of Tax Share Rent paid by Tenant. Within twenty (20) days after such delivery, Tenant shall pay to Landlord the amount due from Tenant minus the amount paid by Tenant. If the amount paid exceeds the amount due, Landlord shall apply any the excess as a credit against Tenant's next month's payment payments of Tax Share Rent, refunding any overage to TenantRent next coming due.