Common use of Landlord’s Books and Records Clause in Contracts

Landlord’s Books and Records. If Tenant disputes the amount of Additional Rent stated in the Statement, Tenant may designate, within thirty (30) days after receipt of that Statement, an independent certified public accountant to inspect Landlord’s records. Tenant is not entitled to request that inspection, however, if Tenant is then in default beyond any applicable cure period under this Lease. The accountant must be a member of a recognized accounting firm and must not charge a fee based on the amount of Additional Rent that the accountant is able to save Tenant by the inspection. Tenant must give reasonable written notice to Landlord of the request for inspection, and the inspection must be conducted in Landlord’s offices at the address stated in the Basic Lease Information at a reasonable time or times. If, after that inspection, Tenant still disputes the Additional Rent, a certification of the proper amount shall be made, at Tenant’s expense, by Landlord’s independent certified public accountant. That certification shall be final and conclusive.

Appears in 1 contract

Samples: Commercial Lease Agreement (BioTrove, Inc.)

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Landlord’s Books and Records. If Tenant disputes the amount of Additional Rent stated in the Statement, Tenant may designate, within thirty (30) days after receipt of that Statement, an independent certified public accountant to inspect Landlord’s records's records which inspection shall be at Tenant's sole cost and expense. Tenant is not entitled to request that the inspection, however, if Tenant is then in default beyond any applicable cure period under this Lease. The accountant must be a member of a nationally recognized accounting firm and must not charge a fee based on the amount of Additional Rent that the accountant is able to save Tenant by the inspection. Tenant must give reasonable written notice to Landlord of the request for inspection, and the inspection must be conducted in Landlord’s 's offices at the address stated in the Basic Lease Information at a reasonable time or times. If, after that inspection, Tenant still disputes the Additional Rent, a certification of the proper amount shall be made, at Tenant’s 's expense, by Landlord’s 's independent certified public accountant. That certification shall be final and conclusive.

Appears in 1 contract

Samples: Office Lease (Cayenta Inc)

Landlord’s Books and Records. If Tenant disputes the amount of Additional Rent stated in the Statement, Tenant may designate, within thirty (30) days after receipt of that Statement, an independent certified public accountant to inspect Landlord’s records's records which inspection shall be at Tenant's sole cost and expense. Tenant is not entitled to request that the inspection, however, if Tenant is then in default beyond any applicable cure period under this Lease. The accountant must be a member of a nationally recognized accounting firm and must not charge a fee based on the amount of Additional Rent that the accountant is able to save Tenant by the inspection. Tenant must give reasonable written notice to Landlord of the request for inspection, and the inspection must be conducted in Landlord’s 's offices at the address stated in the Basic Lease Information at a reasonable time or times. If, after that inspection, Tenant still disputes the Additional Rent, a certification of the proper amount shall be made, at Tenant’s 's expense, by Landlord’s 's independent certified public accountant. That certification shall be final and conclusive.. *SEE ADDENDUM Article 6 SECURITY DEPOSIT

Appears in 1 contract

Samples: Office Lease (Acc Consumer Finance Corp)

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Landlord’s Books and Records. If Tenant disputes the amount of the Additional Rent stated in the Statementdue hereunder, Tenant may designate, within thirty (30) days after receipt of that Statementthe Statement of Actual Operating Expenses, an independent public certified public accountant or qualified third–party management company to inspect Landlord’s records. Tenant is not entitled to request that inspection, however, if Tenant is then in default beyond any applicable cure period under this Lease. The accountant must be a member of a nationally recognized accounting firm and must not charge a fee based on the amount of Additional Rent that the accountant is able to save Tenant by the inspection. Tenant must give reasonable written notice to Landlord of the request for inspection, and the Any inspection must be conducted in Landlord’s offices at the address stated in the Basic Lease Information at a reasonable time or times. If, after that such an inspection, Tenant still disputes the Additional Rent, a certification of the proper amount shall be made, at Tenant’s sole expense, by Landlord’s an independent certified public accountantaccountant designated by Landlord. That certification shall be final and conclusive. If as a result of such audit and certification, it is determined that Tenant was overcharged by more than seven percent (7%) during any period covered by such audit and certification, then Landlord will pay the costs and expenses of such audit.

Appears in 1 contract

Samples: Lease Agreement (Overstock Com Inc)

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