Limitations on Tenant Audit Sample Clauses

Limitations on Tenant Audit i. The Tenant Audit shall be limited strictly to those items in the Reconciliation Statement that Tenant has specifically identified in writing as being allegedly incorrect. ii. Tenant shall not be entitled to inspect any of Landlord's books and records that apply to any prior Reconciliation Statements or to any calendar year other than the year covered by the most recent Common Area Cost Reconciliation Statement delivered to Tenant unless Tenant was due a credit for an overpayment (pursuant to subparagraph (f) hereof) in a Tenant Audit of a Reconciliation Statement, and then solely: (A) in connection with the same specific item that was the subject of the previous Tenant Audit in which Tenant was due a credit; and (B) for the two (2) years immediately preceding the calendar year for which Tenant was due a credit in such inspection, but in no event shall Tenant be entitled to conduct an inspection for a period earlier than three (3) years prior to the year in which Landlord delivers the most recent Reconciliation Statement. iii. Tenant shall be entitled to no more than one (1) Tenant Audit per calendar year. iv. no subtenant has any right to conduct a Tenant Audit and no assignee shall conduct a Tenant Audit for any period during which such assignee was not in possession of the Premises. v. once having conducted a Tenant Audit with respect to a specific item of a Reconciliation Statement in any year, Tenant shall have no right to conduct another Tenant Audit of the same specific item for such year. vi. if Tenant violates this Lease at any time during the Tenant Audit, the Tenant Audit shall immediately cease and the matters originally set forth in the Common Area Cost Reconciliation Statement shall be deemed to be correct.
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