Common use of Estimate and Payment Clause in Contracts

Estimate and Payment. (a) The Landlord shall deliver to the Tenant a written estimate or a written revised estimate of:(i) Tenant's Occupancy Costs for each Fiscal Year; and (ii) Tenant's Proportionate Share of those Taxes that are imposed against the Project or any part of it including the Common elements. The Tenant shall pay to the Landlord the amount so estimated in equal monthly instalments (except as otherwise required in this Section 4.06 with respect to Property Taxes) in advance over that Fiscal Year simultaneously with the Tenant's payments on account of Basic Rent. If the Landlord does not deliver to the Tenant such an estimate, the Tenant shall continue to pay Tenant's Occupancy Costs and Tenant's Proportionate Share of Taxes based on the last such estimate delivered by the Landlord until a further estimate is delivered by the Landlord and the next payment on account of Tenant's Occupancy Costs or Taxes shall be adjusted to take into account any over or under payment in the preceding instalments paid in the Fiscal Year to which the estimate or revised estimate relates. Notwithstanding the foregoing, as soon as bills for all or any portion of amounts included in Operating Costs (including, without limitation, Taxes) as so estimated are received, the landlord may bill the Tenant for the Tenant's Proportionate Share thereof and the Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid on account by the Tenant on the basis of the Landlord's estimate as aforesaid) as Rent within 5 days following demand therefore.

Appears in 2 contracts

Samples: Northstar Electronics Inc, Northstar Electronics Inc

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Estimate and Payment. (a) The Landlord shall deliver to the Tenant a written estimate or a written revised estimate of:(iof: (i) Tenant's Occupancy Costs for each Fiscal Year; and (ii) Tenant's Proportionate Share of those Taxes that are imposed against the Project or any part of it including the Common elementsElements. The Tenant shall pay to the Landlord the amount so estimated in equal monthly instalments (except as otherwise required in this Section 4.06 with respect to Property Taxes) in advance over that Fiscal Year simultaneously with the Tenant's payments on account of Basic Rent. If the Landlord does not deliver to the Tenant such an estimate, the Tenant shall continue to pay Tenant's Occupancy Costs and Tenant's Proportionate Share of Taxes based on the last such estimate delivered by the Landlord until a further estimate is delivered by the Landlord and the next payment on account of Tenant's Occupancy Costs or Taxes shall be adjusted to take into account any over or under payment in the preceding instalments paid in the Fiscal Year to which the estimate or revised estimate relates. Notwithstanding the foregoing, as soon as bills for all or any portion of amounts included in Operating Costs (including, without limitation, Taxes) as so estimated are received, the landlord Landlord may bill xxxx the Tenant for the Tenant's Proportionate Share thereof and the Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid on account by the Tenant on the basis of the Landlord's estimate as aforesaid) as Rent within 5 five (5) days following demand thereforetherefor.

Appears in 1 contract

Samples: Lease Extension and Amending Agreement (Nevada Geothermal Power Inc)

Estimate and Payment. (a) The Landlord shall deliver to the Tenant a written estimate or a written revised estimate of:(iof: (i) the Tenant's Occupancy ’s Proportionate Share of Operating Costs for each Fiscal Year; and (ii) the Tenant's ’s Proportionate Share of those Taxes that are imposed against the Project or any part of it including the Common elementsfor each Fiscal Year. The Tenant shall pay to the Landlord the amount so estimated in equal monthly instalments (except as otherwise required in this Section 4.06 with respect to Property Taxes) in advance over that Fiscal Year simultaneously with the Tenant's ’s payments on account of Basic Rent. If the Landlord does not deliver to the Tenant such an estimate, the Tenant shall continue to pay the Tenant's Occupancy ’s Proportionate Share of Operating Costs and the Tenant's ’s Proportionate Share of Taxes MORGUARD February 2005 - Net Office, Multi-Tenant (General Application) Page 4 based on the last such estimate delivered by the Landlord until a further estimate is delivered by the Landlord and the next payment on account of the Tenant's Occupancy ’s Operating Costs or Taxes shall be adjusted to take into account any over or under payment in the preceding instalments paid in the Fiscal Year to which the estimate or revised estimate relates. Notwithstanding the foregoing, as soon as bills for all or any portion of amounts included in Operating Costs (including, without limitation, Taxes) and Taxes as so estimated are received, the landlord Landlord may bill bxxx the Tenant for the Tenant's ’s Proportionate Share thereof and the Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid on account by the Tenant on the basis of the Landlord's ’s estimate as aforesaid) as Rent within 5 days following demand thereforetherefor.

Appears in 1 contract

Samples: Lease (Alliance Data Systems Corp)

Estimate and Payment. (a) The Landlord shall deliver to the Tenant a written estimate or a written revised estimate of:(iof: (i) the Tenant's Occupancy Proportionate Share of Operating Costs for each Fiscal Year; and (ii) the Tenant's Proportionate Share of those Taxes that are imposed against the Project or any part of it including the Common elementsfor each Fiscal Year. The Tenant shall pay to the Landlord the amount so estimated in equal monthly instalments installments (except as otherwise required in this Section 4.06 with respect to Property Taxes) in advance over that Fiscal Year simultaneously with the Tenant's payments on account of Basic Rent. If the Landlord does not deliver to the Tenant such an estimate, the Tenant shall continue to pay the Tenant's Occupancy Proportionate Share of Operating Costs and the Tenant's Proportionate Share of Taxes based on the last such estimate delivered by the Landlord until a further estimate is delivered by the Landlord and the next payment on account of the Tenant's Occupancy Operating Costs or Taxes shall be adjusted to take into account any over or under payment in the preceding instalments installments paid in the Fiscal Year to which the estimate or revised estimate relates. Notwithstanding the foregoing, as soon as bills for all or any portion of amounts included in Operating Costs (including, without limitation, Taxes) and Taxes as so estimated are received, the landlord Landlord may bill the Tenant for the Tenant's Proportionate Share thereof and the xxx Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid on account by the Tenant on the basis of the Landlord's estimate as aforesaid) as Rent within 5 five (5) days following demand thereforetherefor.

Appears in 1 contract

Samples: Strategy International Insurance Group Inc

Estimate and Payment. (a) The Landlord shall deliver to the Tenant a written estimate or a written revised estimate of:(iof: (i) Tenant's Occupancy Costs for each Fiscal Year; and (ii) Tenant's Proportionate Share of those Taxes that are imposed against the Project or any part of it including the Common elementsElements. The Tenant shall pay to the Landlord the amount so estimated in equal monthly instalments installments (except as otherwise required in this Section 4.06 with respect to Property Taxes) in advance over that Fiscal Year simultaneously with the Tenant's payments on account of Basic RentRant. If the Landlord does not deliver to the Tenant such an estimate, the Tenant shall continue to pay Tenant's Occupancy Costs and Tenant's Proportionate Share of Taxes based on the last such estimate delivered by the Landlord until a further estimate is delivered by the Landlord and the next payment on account of Tenant's Occupancy Costs or Taxes shall be adjusted to take into account any over or under payment in the preceding instalments installments paid in the Fiscal Year to which the estimate or revised estimate relates. Notwithstanding the foregoing, as soon as bills for all or any portion of amounts included in Operating Costs (including, without limitation, Taxes) as so estimated are received, the landlord Landlord may bill xxxx the Tenant for the Tenant's Proportionate Share thereof and the Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid on account by the Tenant on the basis of the Landlord's estimate as aforesaid) as Rent within 5 days following demand thereforetherefor.

Appears in 1 contract

Samples: Lease (Telvent Git S A)

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Estimate and Payment. (a) The Landlord shall deliver to the Tenant a written estimate or a written revised estimate of:(iof: (i) the Tenant's Occupancy ’s Proportionate Share of Operating Costs for each Fiscal Year; and (ii) the Tenant's ’s Proportionate Share of those Taxes that are imposed against the Project or any part of it including the Common elementsfor each Fiscal Year. The Tenant shall pay to the Landlord the amount so estimated in equal monthly instalments (except as otherwise required in this Section 4.06 with respect to Property Taxes) in advance over that Fiscal Year simultaneously with the Tenant's ’s payments on account of Basic Rent. If the Landlord does not deliver to the Tenant such an estimate, the Tenant shall continue to pay the Tenant's Occupancy ’s Proportionate Share of Operating Costs and the Tenant's ’s Proportionate Share of Taxes based on the last such estimate delivered by the Landlord until a further estimate is delivered by the Landlord and the next payment on account of the Tenant's Occupancy ’s Operating Costs or Taxes shall be adjusted to take into account any over or under payment in the preceding instalments paid in the Fiscal Year to which the estimate or revised estimate relates. Notwithstanding the foregoing, as soon as bills for all or any portion of amounts included in Operating Costs (including, without limitation, Taxes) and Taxes as so estimated are received, the landlord Landlord may bill xxxx the Tenant for the Tenant's Tenants Proportionate Share thereof and the Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid on account by the Tenant on the basis of the Landlord's ’s estimate as aforesaid) as Rent within 5 days following demand thereforetherefor.

Appears in 1 contract

Samples: Telvent Git S A

Estimate and Payment. (a) The Landlord shall deliver to the Tenant a written estimate or a written revised estimate of:(i) of the Tenant's ’s Occupancy Costs for each Fiscal Year; and (ii) Tenant's Proportionate Share of those Taxes that are imposed against the Project or any part of it including the Common elements. The Tenant shall pay to the Landlord the amount so estimated in equal monthly instalments (except as otherwise required in this Section 4.06 with respect to Property Taxes) in advance over that Fiscal Year simultaneously with the Tenant's ’s payments on account of Basic Rent. If the Landlord does not deliver to the Tenant such an estimate, the Tenant shall continue to pay the Tenant's ’s Occupancy Costs and Tenant's Proportionate Share of Taxes based on the last such estimate delivered by the Landlord until a further estimate is delivered by the Landlord and the next payment on account of the Tenant's ’s Occupancy Costs or Taxes shall be adjusted to take into account any over or under payment in the preceding instalments paid in the Fiscal Year to which the estimate or revised estimate relates. Notwithstanding the foregoing, as soon as bills for all or any portion of amounts included in Operating Costs (including, without limitation, Taxes) as so estimated are received, the landlord Landlord may bill xxxx the Tenant for the Tenant's Proportionate Share thereof same and the Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid on account by the Tenant on the basis of the Landlord's ’s estimate as aforesaid) as Rent within 5 days following demand thereforetherefor.

Appears in 1 contract

Samples: Lease (Delphax Technologies Inc)

Estimate and Payment. (a) The Landlord shall deliver to the Tenant a written estimate or a written revised estimate of:(iof: (i) the Tenant's Occupancy ’s Proportionate Share of Operating Costs for each Fiscal Year; and (ii) the Tenant's ’s Proportionate Share of those Taxes that are imposed against the Project or any part of it including the Common elementsfor each Fiscal Year. The Tenant shall pay to the Landlord the amount so estimated in equal monthly instalments (except as otherwise required in this Section 4.06 with respect to Property Taxes) in advance over that Fiscal Year simultaneously with the Tenant's ’s payments on account of Basic Rent. If the Landlord does not deliver to the Tenant such an estimate, the Tenant shall continue to pay the Tenant's Occupancy ’s Proportionate Share of Operating Costs and the Tenant's ’s Proportionate Share of Taxes based on the last such estimate delivered by the Landlord until a further estimate is delivered by the Landlord and the next payment on account of the Tenant's Occupancy ’s Operating Costs or Taxes shall be adjusted to take into account any over or under payment in the preceding instalments paid in the Fiscal Year to which the estimate or revised estimate relates. Notwithstanding the foregoing, as soon as bills for all or any portion of amounts included in Operating Costs (including, without limitation, Taxes) and Taxes as so estimated are received, the landlord Landlord may bill xxxx the Tenant for the Tenant's ’s Proportionate Share thereof and the Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid on account by the Tenant on the basis of the Landlord's ’s estimate as aforesaid) as Rent within 5 30 days following demand therefore.therefor. The Landlord estimates that, for the 2014 calendar year, the Tenant’s Occupancy Costs (being the Tenant’s Proportionate Share of Operating Costs and the Tenant’s Proportionate Share of Taxes) shall be $23.30 per square foot of Rentable Area of the Leased Premises, plus Sales Taxes broken down as follows: Real Estate Taxes $ 13.25 Utilities 2.60 Interior Cleaning 1.45 Capital Repair Cost Allocation 0.00 Maintenance and Repair Costs 2.25 Other General Building Operating Costs 2.00 Management Fee 1.75 $ 23.30

Appears in 1 contract

Samples: Shopify Inc.

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