Payment of Tenant's Share. For each calendar year after the calendar year in which the Lease Commencement Date occurs (the “Adjustment Year”), commencing as of the first day of the month in which each anniversary of the Lease Commencement Date occurs, Tenant shall pay to Landlord as additional rent (The “Additional Rent”) on or before the first day of each calendar month, an amount which is the sum of the Tenant's Share of (I) any amount by which the total Real Estate Taxes are estimated by Landlord in its reasonable judgement, levied during such Adjustment Year, is expected to exceed the Real Estate Taxes Base Amount specified in Section 1.10, plus (ii) any amount by which the total Operating Expenses for the Adjustment Year as estimated by Landlord in its reasonable judgement, is expected to exceed the Operating Expenses Base Amount specified in Section 1.8 (as the same may be adjusted pursuant to Section 3.3 below). After the expiration of each calendar year commencing or ending during the Term, Landlord shall furnish Tenant with a statement (herein called Landlord's Expense Statement") setting forth in reasonable detail the Expenses for such calendar year. If the actual Expenses for such calendar year exceed the estimated Expenses paid by Tenant for such calendar year, Tenant shall pay to Landlord the difference between the amount paid by Tenant and the actual Expenses within fifteen (15) days after the receipt of Landlord's Expense Statement, and if the total amount paid by Tenant for any such calendar year shall exceed the actual Expenses for such calendar year, such excess shall be credited against the next installment of the estimated Expenses due from Tenant to Landlord hereunder, if any, or shall be paid by Landlord to Tenant together with Landlord's Expense Statement. The obligations of Landlord and Tenant under this Section 3.2 shall survive any termination of this Lease.
Payment of Tenant's Share. In addition to all other Rent set forth herein, for each calendar year during the Term commencing on the Rent Commencement Date, Tenant shall pay to Landlord as Additional Rent an amount equal to Tenant's Share of Operating Expenses and an amount equal to Tenant's Share of Real Estate Tax Expenses; provided, however, that for the calendar years during which the Term begins and ends, Tenant's Share of Operating Expenses and Tenant’s Share of Real Estate Tax Expenses shall be prorated based upon the greater of: (i) the number of days during such calendar year that this Lease is in effect, or (ii) the number of days that Tenant actually occupies the Premises or any portion thereof.
Payment of Tenant's Share. In addition to all other Rent set forth herein, for the year which includes the Lease Commencement Date, and for each calendar year thereafter during the Term, Tenant shall pay to Landlord as Additional Rent an amount equal to Tenant’s Share of Operating Expenses and an amount equal to Tenant’s Share of Real Estate Tax Expenses; provided, however, that (a) for the calendar year during which the Lease Commencement Date occurs, Tenant’s Share of Operating Expenses and Tenant’s Share of Real Estate Tax Expenses shall be prorated based upon the number of days in such calendar year following the Lease Commencement Date, and (b) for the calendar year during which the Term ends, Tenant’s Share of Operating Expenses and Tenant’s Share of Real Estate Tax Expenses shall be prorated based upon the greater of: (i) the number of days during such calendar year that this Lease is in effect, or (ii) the number of days that Tenant actually occupies the Premises or any portion thereof.
Payment of Tenant's Share. (a) Subject to the provisions of Articles V and VII hereof, the amounts payable by the Tenant pursuant to Articles V, VI and VII hereof 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, or other share thereof determined by the Landlord as provided for herein, as the case may be, as so estimated, of such amounts in monthly instalments in advance during such period as Additional Rent on the same dates as payments of the Minimum Rent. Notwithstanding the foregoing, as soon as bills for all or any portion of the said amounts so estimated are received, the Landlord may bill the Tenant for the Tenant's Proportionate Share thereof or other share thereof determined xx xhe Landlord as provided for herein, as the case may be, and the Tenant shall pay the Landlord such amounts so billed (less all amounts previously paid by the Tenant on the basis of the Landlord's estimate as aforesaid) as Additional Rent on demand. Provided that in the event that the Landlord does not provide a new estimate, notwithstanding that the period for which such previous estimate has been given to the Tenant has expired, the Tenant shall continue to pay its Proportionate Share, or other share thereof determined by the Landlord as provided for herein, as the case may be, based on the most recent estimate provided by the Landlord, until such time as a new estimate is rendered by the Landlord therefor.
(b) Within a reasonable period of time after the end of the period for which such estimated payments have been made, the Landlord shall deliver to the Tenant a statement issued by the Landlord, which statement will set forth the amounts and costs referred to in Articles V, VI and VII together with a statement of the Tenant's Proportionate Share thereof, or other share thereof determined by the Landlord as provided for herein, as the case may be. In either case, 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 shall be credited by the Landlord against Rent, then or in the future owing by the Tenant under this Lease. If the amount the Tenant has paid is less than the amounts due, the Tenant agrees to pay such additional amounts due with the next monthly payment of Minimum Rent. If any Rental Year during the Term is greater or less than any such period determined by the Landlo...
Payment of Tenant's Share. Commencing on the first anniversary date of the Lease Commencement Date, in addition to all other Rent set forth herein, for each Fiscal Year during the Term, Tenant shall pay to Landlord as Additional Rent an amount equal to the sum of Tenant’s Share of Increased Operating Expenses and Tenant’s Share of Increased Real Estate Tax Expenses; provided, however, that for the Fiscal Years during which the Term begins and ends, Tenant’s Share of the aforesaid sum shall be prorated based upon the greater of: (i) the number of days during such Fiscal Year that this Lease is in effect, or (ii) the number of days that Tenant actually occupies the Premises or any portion thereof.
Payment of Tenant's Share. Landlord shall submit to Tenant a statement showing the amount of additional rent payable by Tenant hereunder and the calculation thereof, together with a tax xxxx or other evidence of the amount of Impositions on account of which such additional rent is payable, and Tenant shall pay such additional rent within ten (10) days after receipt of Landlord's statement. So long as Impositions are payable in installments under applicable law, Landlord shall submit its statements for additional rent payable hereunder at the times that such installments of Impositions are payable. The failure of Landlord to submit any statement of additional rent required hereunder shall not constitute a waiver of Landlord's right to receive such additional rent.
Payment of Tenant's Share. In addition to all other Rent set forth herein, commencing on the Rent Commencement Date, and for each calendar year during the Term, Tenant shall pay to Landlord as Additional Rent an amount equal to Tenant's Share of Operating Expenses and an amount equal to Tenant's Share of Real Estate Tax Expenses.
Payment of Tenant's Share. On or prior to the Rent Commencement ------------------------- Date, and thereafter within ninety (90) days after January 1 of each calendar year during the Term, Landlord shall notify Tenant of Tenant's Share of Operating Expenses reasonably estimated by Landlord for the following calendar year. Commencing on the Rent Commencement Date, and on the first day of every month thereafter, Tenant shall pay to Landlord, as Additional Rent, one-twelfth (1/12th) of such estimated Tenant's Share of Operating Expenses for the following calendar year. If at any time during any such period, Landlord concludes that Operating Expenses for such period will vary from Landlord's estimate, Landlord may, by written notice to Tenant, revise its estimate for such period and Operating Expense payments by Tenant for such period shall thereafter be based upon such revised estimate.
Payment of Tenant's Share. Operating Costs shall be estimated by the Landlord for such period as the Landlord may determine and the Tenant agrees to pay to the Landlord its share of such amounts, in monthly installments in advance, during such period together with other rental payments provided for in this Lease. If the Tenant shall have paid in excess of the actual amount due, the excess shall be refunded by the Landlord within a reasonable period of time or be credited on account of Rent next falling due. If the amount the Tenant has paid is less than the actual amount due, the Tenant shall pay such deficiency with the next Minimum Rent payment due.
Payment of Tenant's Share. Commencing on the Commencement Date and continuing until the earlier of (a) 9 months after the Commencement Date, or (b) the date Tenant occupies any portion of the Expansion Space for any purpose, including storage (the "Initial Period"), Tenant shall pay -1/2 of Tenant's Share of Common Expenses. Commencing at the end of the Initial Period, Tenant shall pay to Landlord, Tenant's Share of Common Expenses. Tenant's Share of Common Expenses for any portion of a year at the beginning or end of the Term and at the end of the Initial Period shall be prorated. Tenant's Share of Common Expenses shall be paid in estimated monthly installments on the first day of each month of the Lease Term in an amount specified by Landlord. Landlord may at any time revise the estimate by notice to Tenant and subsequent payments shall be based upon the new estimate. Within 90 days after the close of each year, or as soon thereafter as practicable, Landlord shall deliver to Tenant a statement with the total amount of Tenant's Share of Common Expenses for the prior year, and there shall be a final adjustment between Landlord and Tenant with Tenant paying Landlord any amount due Landlord and any amount due Tenant shall be credited to the next amounts due Landlord, or if the Lease has terminated or expired, such amount shall be credited against any amounts still due Landlord and the balance shall be refunded to Tenant.
