Common use of Initial Additional Rent Adjustments Clause in Contracts

Initial Additional Rent Adjustments. Landlord shall submit to Tenant prior to the date set forth in Section 1.5 a statement of Landlord’s reasonable estimate of the increases described in Sections 2.2(a) and (b) above, together with the amount of Tenant’s Additional Rent which is estimated to result from such increases, in which event Tenant shall pay such estimated Additional Rent to Landlord in equal monthly installments beginning on the date set forth in Section 1.5, on the dates and in the manner required for the payment of Tenant’s monthly installments of Base Annual Rent.

Initial Additional Rent Adjustments. Landlord shall at its option may submit to Tenant prior to the date set forth in Section 1.5 a statement of Landlord’s 's reasonable estimate of the increases described in Sections 2.2(a) and (b) above, together with the amount of Tenant’s 's Additional Rent which is estimated to result from such increases, in which event Tenant shall pay such estimated Additional Rent to Landlord in equal monthly installments beginning on the date set forth in Section 1.5, on the dates and in the manner required for the payment of Tenant’s 's monthly installments of Base Annual Rent.

Initial Additional Rent Adjustments. Landlord shall submit to Tenant prior to the date set forth in Section 1.5 a statement of Landlord’s 's reasonable estimate of the increases described in Sections 2.2(a) and (b) above, together with the amount of Tenant’s 's Additional Rent which is estimated to result from such increases, in which event Tenant shall pay such estimated Additional Rent to Landlord in equal monthly installments beginning on the date set forth in Section 1.5, on the dates and in the manner required for the payment of Tenant’s 's monthly installments of Base Annual Rent.