Re-Estimation and Adjustment Sample Clauses

Re-Estimation and Adjustment. Landlord may re-estimate Excess Expenses from time to time during the Term; however, such re-estimate may occur no more than once every calendar year. In such event, Landlord will re-estimate the monthly Additional Rent attributable to Tenant’s Share of Excess Expenses to an amount sufficient for Tenant to pay the re-estimated monthly amount over the balance of the calendar year. Landlord will notify Tenant of the re-estimate and Tenant will pay the re-estimated amount in the manner provided in the last sentence of Section 3.3.
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Re-Estimation and Adjustment. Landlord may re-estimate Expenses from time to time during the Term, but not more than two (2) times each calendar year of the Term. In such event, Landlord will re-estimate the monthly Additional Rent attributable to Xxxxxx’s Share of Expenses to an amount sufficient for Tenant to pay the re- estimated monthly amount over the balance of the calendar year. Landlord will notify Tenant of the re-estimate and Tenant will pay the re-estimated amount in the manner provided in the last sentence of Section 3.3, provided that in no event will Tenant pay any re-estimated amount until a new invoice is provided to Tenant at least thirty (30) days’ prior to the date that Tenant is required to pay such newer-estimated amount. Furthermore, notwithstanding any contrary language in this Article 3, if less than all of the rentable area of the Building is occupied at any time during any calendar year pursuant to leases under which the terms and rents have commenced for such calendar year, Landlord will reasonably and equitably adjust its computation of Operating Expenses for such calendar year to include all components of Operating Expenses that vary based on occupancy in an amount equal to Landlord’s reasonable estimate of the amount Tenant would have paid for such components of Operating Expenses had all of the rentable area of the Building been so occupied at all times during such calendar year. If at any time or from time to time any components of Operating Expenses relate to (a) services or benefits that are received by Tenant but not all other tenants in the Building; (b) costs that are incurred by Landlord on behalf of Tenant but not all other tenants in the Building;

Related to Re-Estimation and Adjustment

  • Prorations and Adjustments The following shall be prorated and adjusted between Seller and Purchaser as of the day of the Closing, except as otherwise specified:

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