Increases in Estimated Annual Rental Adjustment. If real estate taxes, the cost of utility or janitorial services or any other Operating Expenses increase during a calendar year, Landlord may increase the estimated Annual Rental Adjustment during such year by giving Tenant written notice to that effect, and thereafter Tenant shall pay to Landlord, in each of the remaining months of such year, an amount equal to the amount of such increase in the estimated Annual Rental Adjustment divided by the number of months remaining in such year.
Appears in 2 contracts
Samples: Lease Agreement (Ipayment Inc), NHP Inc
Increases in Estimated Annual Rental Adjustment. If real estate taxes, the cost Landlord’s estimate of utility or janitorial services or any other Operating Expenses increase increases during a calendar year, Landlord may increase the estimated Annual Rental Adjustment during such year by giving Tenant written notice to that effect, and thereafter Tenant shall pay to Landlord, in each of the remaining months of such year, an amount equal to the amount of such increase in the estimated Annual Rental Adjustment divided by the number of months remaining in such year.
Appears in 2 contracts
Increases in Estimated Annual Rental Adjustment. If real estate taxes, taxes or the cost of utility or janitorial services or any other Operating Expenses increase during a calendar year, Landlord may increase the estimated Annual Rental Adjustment during such year by giving Tenant written notice to that effect, and thereafter Tenant shall pay to Landlord, in each of the remaining months of such year, an amount equal to the amount of such increase in the estimated Annual Rental Adjustment divided by the number of months remaining in such year.
Appears in 2 contracts
Samples: Office Lease (Twin Cities Power Holdings, LLC), Office Lease (Twin Cities Power Holdings, LLC)
Increases in Estimated Annual Rental Adjustment. If real estate taxes, any expenses comprising the cost of utility or janitorial services or any other Operating Expenses Annual Rental Adjustment increase during a calendar year, Landlord may increase the estimated Annual Rental Adjustment during such year by giving Tenant written notice to that effect, and thereafter Tenant shall pay to Landlord, in each of the remaining months of such year, an amount equal to the amount of such increase in the estimated Annual Rental Adjustment divided by the number of months remaining in such year.
Appears in 1 contract
Increases in Estimated Annual Rental Adjustment. If real estate taxes, Real Estate Taxes or the cost of utility or janitorial services or any other Operating Expenses increase during a calendar year, Landlord may increase the estimated Annual Rental Adjustment during such year by giving Tenant written notice to that effect, and thereafter Tenant shall pay to Landlord, in each of the remaining months of such year, an amount equal to the amount of such increase in the estimated Annual Rental Adjustment divided by the number of months remaining in such year.
Appears in 1 contract
Increases in Estimated Annual Rental Adjustment. If real estate taxes, the cost Landlord’s estimate of utility or janitorial services or any other Operating Expenses increase increases during a calendar year, Landlord may increase the estimated Annual Rental Adjustment during such year year, by giving Tenant written notice to that effect, but only one time per calendar year, and thereafter Tenant shall pay to Landlord, in each of the remaining months of such year, an amount equal to the amount of such increase in the estimated Annual Rental Adjustment divided by the number of months remaining in such year.
Appears in 1 contract
Samples: Lease (Celldex Therapeutics, Inc.)
Increases in Estimated Annual Rental Adjustment. If real estate taxes, the cost of utility charges, or janitorial services or any other Operating Expenses costs increase during a calendar year, Landlord may may, only once per year, increase the estimated Annual Rental Adjustment during such year by giving Tenant written notice to that effect, and thereafter Tenant shall pay to Landlord, in each of the remaining months of such year, an amount equal to the amount of such increase in the estimated Annual Rental Adjustment divided by the number of months remaining in such year.
Appears in 1 contract