Common use of Lump Sum Election Clause in Contracts

Lump Sum Election. Amounts of Tenant’s Share of Operating Expenses and any other Additional Rent for any partial year at the beginning of the Term or at the end of what would have been the remainder of the Term shall be prorated.

Appears in 21 contracts

Samples: Lease Agreement (Stoke Therapeutics, Inc.), Lease Agreement (Frequency Therapeutics, Inc.), Lease Agreement (GreenLight Biosciences Holdings, PBC)

AutoNDA by SimpleDocs

Lump Sum Election. Amounts of Tenant’s Share of Operating Expenses and any other Additional Rent for any partial year at the beginning of the Term Term, for the month in which the Lump Sum Election is made, or at the end of what would have been the remainder of the Term shall be prorated.

Appears in 7 contracts

Samples: Lease Agreement (Kymera Therapeutics, Inc.), Lease Agreement (Kymera Therapeutics, Inc.), Lease Agreement (Gemini Therapeutics, Inc. /DE)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.