Estimated Operating Costs. After the close of each Operating Year during the Term, Landlord shall furnish Tenant a written statement of the “Estimated Operating Costs” for such Operating Year, and a corresponding calculation of additional rent, which shall be one-twelfth (1/12) of Tenant’ Proportionate Share of such estimated amount. Such additional amount shall be added to the monthly installment of Base Rent payable by Tenant under this Lease for each month during such Operating Year.
Appears in 2 contracts
Sources: Office Building Lease, Office Building Lease (E2open Inc)
Estimated Operating Costs. After the close of each Operating Year ------------------------- (except the Base Year) during the Term, Landlord shall furnish Tenant a written statement of the “"Estimated Operating Costs” " for such Operating Year, and a corresponding calculation of additional rent, which shall be one-twelfth (1/12) of Tenant’ 's Proportionate Share of such estimated the amount, if any, by which the Estimated Operating Costs exceed the Base Amount. Such additional amount shall be added to the monthly installment of Base Rent payable by Tenant under this Lease for each month during such Operating Year.
Appears in 1 contract
Sources: Lease Agreement (Digitas Inc)
Estimated Operating Costs. After the close of each Operating Year (except the Base Year) during the Term, Landlord shall furnish Tenant a written statement of the “"Estimated Operating Costs” " for such Operating Year, and a corresponding calculation of additional rent, which shall be one-twelfth (1/12) of Tenant’ 's Proportionate Share of such estimated the amount, if any, by which the Estimated Operating Costs exceed the Base Amount. Such additional amount shall be added to the monthly installment of Base Rent payable by Tenant under this Lease for each month during such Operating Year.
Appears in 1 contract
Sources: Lease Agreement (Digitas Inc)
Estimated Operating Costs. After the close of each Operating Year -------------------------- (except the Base Year) during the Term, Landlord shall furnish Tenant a written statement of the “Estimated Operating Costs” "ESTIMATED OPERATING COSTS" for such Operating Year, and a corresponding calculation of additional rent, which shall be one-twelfth (1/12) of Tenant’ 's Proportionate Share of such estimated the amount, if any, by which the Estimated Operating Costs exceed the Base Amount. Such additional amount shall be added to the monthly installment of Base Rent payable by Tenant under this Lease for each month during such Operating Year.
Appears in 1 contract