Payment of Operating Costs by Tenant. Tenant shall pay its pro rata share of Operating Costs for the Center, 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 4.4, within fifteen (15) days after receipt of a statement from Landlord.
Appears in 3 contracts
Samples: Industrial Net Lease (Avanir Pharmaceuticals), Industrial Net Lease (Mitokor), Industrial Net Lease (Mitokor)
Payment of Operating Costs by Tenant. Tenant shall pay its pro rata share of Operating Costs for the CenterBuilding, 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 4.4, within fifteen (15) days after receipt of a statement from Landlord.
Appears in 1 contract