Common use of Payment of Operating Costs by Tenant Clause in Contracts

Payment of Operating Costs by Tenant. Tenant shall pay its pro rata share of Operating Costs for the Property, as defined herein. Tenant’s pro rata share shall be computed by Landlord on a monthly or other periodic basis selected by Landlord, Tenant shall pay the amount of such pro rata share to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.5, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement (Sophiris Bio Inc.), Lease Agreement (Sophiris Bio Inc.)

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Payment of Operating Costs by Tenant. Tenant shall pay its pro ixx xxx rata share of Operating Costs for the PropertyCenter, as defined herein. Tenant’s 's pro rata share shall be computed by Landlord on a monthly or other periodic basis selected by Landlord, . Tenant shall pay the amount of such pro rata share to LandlordLandlond, to the extent such obligation exceeds any amount thereof impounded under Section 4.54.4, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 1 contract

Samples: Standard Industrial Net Lease (Sgi International)

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Payment of Operating Costs by Tenant. Tenant shall pay its pro rata share of Operating Costs for the PropertyCenter, as defined herein. Tenant’s pro rata share shall be computed by Landlord on a monthly or other periodic basis selected by Landlord, . Tenant shall pay the amount of such pro rata share to Landlord, to the extent such obligation exceeds any amount thereof impounded under Section 4.54.4, within fifteen (15) days after receipt of a statement from Landlord.

Appears in 1 contract

Samples: Sublease Agreement (Tenby Pharma Inc)

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