Estimated Additional Rent Clause Samples

Estimated Additional Rent. During the calendar year in which the Term of this Lease commences, Tenant agrees to pay Landlord, on account of Additional Rent due for that period, the monthly sum calculated pursuant to this ARTICLE 4. Notwithstanding the foregoing, Landlord and Tenant acknowledge and agree that the Annual Base Rent set forth in ITEM 3(A) OF THE BASIC LEASE PROVISIONS includes a component applicable to Building Operation Expenses equal to the initial estimated Operating Expense Factor in the amount set forth in ITEM 3(B) OF THE BASIC LEASE PROVISIONS.

Estimated Additional Rent. Landlord shall have the right, if it ------------------------- so elects, to reasonably estimate that portion of the Additional Rent pertaining to all Operating Expenses and Taxes for each Operating Year (the "Estimated Additional Rent"). The Estimated Additional Rent owing each month shall be that amount owing annually for Operating Expenses and Taxes divided by 12 (or the fractional portion of the Operating Year remaining at the time Landlord delivers its notice of estimated Operating Expenses and Taxes due from Tenant). If the aggregate amount of Estimated Additional Rent actually paid by Tenant during any Operating Year is less than Tenant's actual ultimate liability for that particular Operating Year, as determined pursuant to Section 2.3, Tenant shall pay the deficiency within thirty (30) days of demand. If the aggregate amount of Estimated Additional Rent actually paid by Tenant during a given Operating Year exceeds Tenant's actual liability for such Operating Year, the excess shall be credited against the Estimated Additional Rent due from Tenant during the immediately subsequent Operating Year, except that in the event that such excess is paid by Tenant during the final Lease Year, then upon the expiration of the Term, Landlord or Agent shall pay Tenant the then applicable excess promptly after determination thereof. No interest shall be payable to Tenant on account of such payments of Estimated Additional Rent and such payments may be commingled. The initial Estimated Additional Rent for each month of the current Operating Year is set forth in Section 1.12 of this Lease and Tenant shall have the right to perform an annual audit of the Operating Expenses and Taxes within thirty (30) days after the close of each Operating Year, at its sole cost and expense. Should such audit result in a ten per cent (10%) overcharge Landlord will be responsible for the cost of the audit.

Estimated Additional Rent. The Tenant’s Proportionate Share of Allocable Taxes and Allocable Operating Expenses is estimated by the Landlord for the year 2000 to be $13.54 per square foot of the Rentable Area of the Additional Premises.

Estimated Additional Rent. The Additional Rent estimate for the first year of the Term is approximately $0.44 per rentable square foot, plus a 5% management fee as provided in Article 4.

Estimated Additional Rent 

Estimated Additional Rent. 10 4.05 Revision of Estimated Additional Rent. ........................10 4.06