Payment of Taxes and Operating Costs. (a) The amounts payable by the Tenant pursuant to Sections 3.2 and 3.5 (and Section 3.3. if applicable) may be estimated by the Landlord for such period as the Landlord determines from time to time, and the Tenant agrees to pay to the Landlord the Tenant's Proportionate Share as so estimated, of such amounts in monthly installments in advance during such period as Additional Rent. Notwithstanding the foregoing, the Landlord's estimates may be revised from time to time and as soon as bills for all or any portion of the amounts so estimated are received, the Landlord may xxxx tile Tenant for the Tenant's Proportionate Share thereof and the Tenant will pay the Landlord the amounts billed (less all amounts previously paid by the Tenant on the basis of the Landlord's estimate) as Additional Rent within five (5) days after demand.
(b) Within a reasonable period of time after the end of the period for which the estimated payments have been made, the Landlord will determine and advise the Tenant of (i) the amounts and costs referred to in Section 3.2 and Section 3.3 (if applicable) for such period, together with the calculation the Tenant's Proportionate Share of such amounts and costs pursuant to Section 3.2 and Section 3.3 (if applicable); and (ii) the Operating Costs referred to in Section 3.5 for such period, together with a calculation of the Tenant's Proportionate Share of such Operating Costs payable pursuant to Section 3.5; and if necessary, an adjustment shall be made between the parties in the following manner. If the Tenant has paid in excess of the amounts due, the excess will be refunded by the Landlord within a reasonable period of time after the Landlord's determination, or, at the option of the Landlord, the excess will be credited to amounts payable pursuant to Sections 3.2, 3.5 (and 3.3. if applicable) in the immediately following Rental Year. If the amount the Tenant has paid is less than the amounts due, the Tenant will pay such additional amounts due within five (5) days after demand. If any Rental Year during the Term is greater or less than any such period determined by the Landlord, the Tenant's Proportionate Share pursuant to Sections 3.2 and 3.5 (and Section 3.3, if applicable) will be subject to a per diem, pro rata adjustment based upon a period of three hundred and sixty-five (365) days and will be made on or before the last day of the Term. If the Term expires or this Lease is terminated prior to a final determination of the Tenant's ...
Payment of Taxes and Operating Costs. (a) The amounts payable by the Tenant under Sections 3.02 and 3.05 may be estimated from time to time by the Landlord and the Tenant agrees to pay to the Landlord the Tenant's Proportionate Share thereof. The Landlord estimates that the Operating Costs and Realty Taxes for the Leased Premises for 1999 are Seven Dollars and Thirty Eight Cents ($7.38) per square foot plus G.S.T. This is an estimation only and the Landlord makes no representations or warranties with respect to the accuracy of this estimation. Operating Costs and Taxes, as reasonably estimated by the Landlord from time to time,shall be paid in monthly instalments, in advance on the same dates, at the same time and in the same manner as Basic Rent and the failure of the Tenant to pay the Tenant's Proportionate Share of Taxes or Operating Costs shall entitle the Landlord to the same remedies as if the Tenant were in default of payment of Basic Rent. The Landlord's estimate of Taxes or Business Taxes, if payable to the Landlord, or both of them may be such that, by the due date of the last instalment of taxes payable to the Municipality with respect to the Building, the Landlord will have received from the Tenant the full amount of the Tenant's Proportionate Share of Taxes or Business Taxes for the then current calendar year. The Landlord's estimates may be revised from time to time and as soon as the Landlord has received bills for Taxes, Business Taxes and Operating Costs, the Landlord may xxxx the Tenant for the Tenant's Proportionate Share thereof and the Tenant will pay as Additional Rent the amounts billed less all amounts previously paid by the Tenant in accordance with the estimates.
(b) Within a reasonable period of time after the end of the period for which the estimated payments of Taxes, Business Taxes and Operating Costs have been made, the Landlord will determine and shall advise the Tenant of the exact amount of the Tenant's Proportionate Share of Taxes, Business Taxes and Operating Costs respectively and, if necessary, an adjustment will be made between the parties within fifteen (15) days after the Tenant has been advised of the actual amount of Taxes, Business Taxes or Operating Costs.
Payment of Taxes and Operating Costs. 8 RENT & ADDITIONAL RENT PAST DUE........................................ 9
Payment of Taxes and Operating Costs. (a) The amounts payable by the Tenant under Sections 4.2 and 4.4 (and under Section 4.3, if applicable) may be estimated from time to time by the Landlord and commencing on the Commencement Date, the Tenant shall pay the Landlord such estimated amounts in equal consecutive monthly installments in advance, on the first day of every month. The Landlord may from time to time revise any of such estimates and in such event the Tenant's monthly payments will be adjusted accordingly beginning with the first day of the month after the Landlord notifies the Tenant of the revised estimate and the adjusted monthly amounts.
Payment of Taxes and Operating Costs. (a) The Tenant shall pay to the Landlord the Tenant's Proportionate
Payment of Taxes and Operating Costs. (a) The amounts payable by the Tenant under Sections 6.02 and 6.05 may be reasonably estimated by the Landlord from time to time, and the Tenant agrees to pay the Landlord the Tenant's Proportionate Share as so estimated, of such amounts in monthly installments in advance during such period as Additional Rent. (b) Within a reasonable period of time after the end of the year, the Landlord will determine and advise the Tenant of the exact amount of the Tenant's Proportionate Share of Taxes and Operating Costs, and if necessary, an adjustment will be made between the parties within thirty (30) days after the Tenant has been advised of the actual amounts.
Payment of Taxes and Operating Costs. (a) The amounts payable by the Tenant under Sections 4.2 and 4.4 (and Section 4.3, if applicable) may be estimated (and estimates may be revised) by the Landlord. Subject to Sections 4.2(a) and (c), the Tenant agrees to pay the Landlord the Tenant's Proportionate Share of the amounts payable under Sections 4.2 and 4.4 (and the amounts payable under Section 4.3, if applicable) as estimated, in monthly installments in advance, together with Basic Rent. Any amounts received by the Landlord pursuant to Sections 4.2 and 4.3 during any Rental Year after the Tenant has paid its full share of Taxes for such Rental Year shall be credited against the Tenant's share of Taxes for the subsequent Rental Year.
(b) Within one hundred and twenty (120) days after the end of the period for which the estimated payments have been made, the Landlord will determine and advise the Tenant of the exact amount of the Tenant's Proportionate Share of Taxes and Operating Costs. If necessary, an adjustment will be made between the parties within fifteen (15) days after the Tenant has been advised of the actual amounts. This provision shall survive the expiration or earlier termination of the Term of this Lease.
Payment of Taxes and Operating Costs. (a) The amounts payable by the Tenant under Sections 3.2 and 3.4 may be estimated (and estimates may be revised) by the Landlord and the Tenant agrees to pay the Landlord the Tenant's Proportionate Share as estimated, in monthly instalments in advance, together with Basic Rent. Any amounts received by the Landlord during any Rental Year after the Tenant has paid its full share of Taxes for such Rental Year shall be credited against the Tenant's share of Taxes for the subsequent Rental Year.
(b) Within ninety (90) days after the end of the period for which the estimated payments have been made, the Landlord will determine and advise the Tenant of the exact amount of the Tenant's Proportionate Share of Taxes and Operating Costs and if necessary, an adjustment will be made between the parties within fifteen (15) days after the Tenant has been advised of the actual amounts.
(c) It is acknowledged and agreed that the 1999 Taxes and Operating Costs shall not exceed Three Dollars and Ninety-Eight Cents ($3.98) per square foot.
Payment of Taxes and Operating Costs. (a) The amounts payable by the Tenant under Sections 3.02 and 3.05 (and Section 3.03, if applicable) may be estimated by the Landlord for such period as the Landlord determines from time to time, and the Tenant agrees to pay the Landlord the Tenant's Proportionate Share as so estimated, of such amounts in monthly instalments in advance during such period as Additional Rent. The Landlord's estimates may be revised from time to time and as soon as the Landlord has received bills for Taxes and Operating Costs, the Landlord may xxxx the Tenant for the Tenant's Proportionate Share thereof, and the Tenant will pay the amounts billed less all amounts previously paid by the Tenant in accordance with the estimates.
(b) Within a reasonable period of time after the end of the period for which the estimated payments have been made, the Landlord will determine and advise the Tenant of the exact amount of the Tenant's Proportionate Share of Taxes and Operating Costs, and if necessary, an adjustment will be made between the parties within thirty (30) days after the Tenant has been advised of the actual amounts.
Payment of Taxes and Operating Costs. (a) The Tenant will pay the amounts payable under Section 4.2 (if applicable), 4.3 (if applicable) and 4.4 according to estimates or revised estimates made by the Landlord from time to time in respect of periods determined by the Landlord. The Tenant's payments will be made in monthly instalments in advance, together with Basic Rent, for the periods in respect of which the estimates are made. When a bill for an estimated amount is received by the Landlord, the Landlord may bill the Tenant for the amount the Tenant is obligated to pay under this Lease and the Tenant will immediately pay the Landlord the billed amount (less amounts previously paid by the Tenant with respect to such billed amount on the basis of the Landlord's estimate and which amounts are to be credited to such billed amounts.)
(b) Within one hundred and twenty (120) days after the end of the period for which the estimated payments have been made, or so soon thereafter as is reasonably possible, the Landlord will determine and advise the Tenant of the exact amount of the Tenant's obligations under Sections 4.2(a)(ii), 4.2(a)(iii), 4.2(a)(iv), 4.3 (if applicable) and 4.4 and provide the Tenant with an audited statement setting out such amounts. If necessary, an adjustment will be made between the parties within fifteen (15) days after the Tenant receives such statement. This provision shall survive the expiration or earlier termination of the Term of this Lease.
