Common use of Estimated Payments Clause in Contracts

Estimated Payments. During each calendar year or partial calendar year after the Base Year, in addition to Monthly Rent, Tenant shall pay to Landlord on the first day of each month an amount equal to one-twelfth (1/12) of the product of Tenant's Share multiplied by the "Estimated Operating Expenses" (defined below) for such calendar year. "Estimated Operating Expenses" for any calendar year means Landlord's reasonable estimate of Operating Expenses for such calendar year, less the Operating Expenses for the Base Year and shall be subject to revision according to the further provisions of this Section 5.2 and Section 5.

Appears in 4 contracts

Samples: Lease Agreement (World Wide Magic Net Inc), Lease Agreement (World Wide Magic Net Inc), Lease Agreement (World Wide Magic Net Inc)

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Estimated Payments. During At Landlord's request, during each calendar year or partial calendar year after in the Base YearTerm, in addition to Monthly Rent, Tenant shall will pay to Landlord on the first day of each month an amount equal to one-twelfth (1/12) 1/12 of the product of Tenant's Share multiplied by the "Estimated Operating Expensesestimated operating expenses" (defined below) for such calendar year. "Estimated Operating Expensesoperating expenses" for any calendar year means Landlord's reasonable estimate of Operating Expenses operating expenses for such calendar year, less the product of the Operating Expenses for Expense Base, multiplied by the Base Year Rentable Area of the Building and shall will be subject to revision according to the further provisions of this Section 5.2 and Section 5.

Appears in 1 contract

Samples: Office Lease (Xcarenet Inc)

Estimated Payments. During each calendar year or partial calendar year after in the Base YearTerm, in addition to Monthly Rent, Tenant shall will pay to Landlord on the first day of each month an amount equal to one-twelfth (1/12) 1/12 of the product of Tenant's Share share multiplied by the "Estimated Operating Expensesestimated operating expenses" (defined below) for such calendar year. "Estimated Operating Expensesoperating expenses" for any calendar year means Landlord's reasonable estimate of Operating Expenses operating expenses for such calendar year, less the Operating Expenses for product of the Base Year operating expenses base, multiplied by the rentable area of the building and shall will be subject to revision according to the further provisions of this Section 5.2 and Section 5.Section

Appears in 1 contract

Samples: Office Lease (Eloquent Inc)

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Estimated Payments. During each calendar year or partial calendar year after in the Base YearLease Term, in addition to Monthly Rent, Tenant shall will pay to Landlord on the first day of each month an amount equal to one-twelfth (1/12) 1/12 of the product of Tenant's Share share multiplied by the "Estimated Operating Expensesestimated operating expenses" (defined below) for such calendar year. "Estimated Operating Expensesoperating expenses" for any calendar year means Landlord's reasonable estimate of Operating Expenses operating expenses for such calendar year, less the Operating Expenses for product of the Base Year operating expenses base, multiplied by the rentable area of the Building and shall will be subject to revision according to the further provisions of this Section Article 5.2 and Section 5.Article

Appears in 1 contract

Samples: Office Lease (Vanguard Airlines Inc \De\)

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