Tenant’s Contribution. Tenant's share of Common Area Costs ("Tenant's Share") shall be calculated as the ratio which Tenant's Floor Area specified in Paragraph F of the BLP, bears to the total Floor Area then built in the Shopping Center described in Paragraph E of the BLP. Tenant shall pay to Landlord on a monthly basis, according to the terms of the BLP, at the same time(s) and in the same manner(s) as Tenant pays its monthly installments of Minimum Rent to Landlord, Tenant's Share of the amount of all Common Area Costs together with Tenant's Share of estimated Taxes pursuant to Section 6.2 and Tenant's share of estimated insurance pursuant to Sections 9.1(b) and 9.3(a) based either on (a) the amount of such expenses actually incurred for the billing period, or (b) equal periodic installments which have been estimated in advance by Landlord for a particular calendar year, in which event within sixty (60) days after each calendar year, Landlord shall furnish Tenant with a statement (“Landlord’s Operating Statement”) showing in reasonable detail: (i) the actual Common Area Costs, Taxes, and insurance for the previous calendar year; (ii) Tenant’s Share of the actual Common Area Costs, Taxes, and insurance for the previous calendar year; and (iii) the total sum of Tenant’s Share payments of the estimated Common Area Costs, Taxes, and insurance for the previous calendar year. If Tenant’s Share of the actual Common Area Costs, Taxes, and insurance for a calendar exceeds the amount of Tenant’s Share of the estimated Common Area Costs, Taxes, and insurance actually paid by Tenant for that calendar year, then Tenant shall immediately pay such deficiency to Landlord within ten (10) days after receipt of the Landlord’s Operating Statement. If Tenant’s Share of the estimated Common Area Costs, Taxes, and insurance for a calendar year exceeds Tenant’s Share of the actual Common Area Costs, Taxes, and insurance for that calendar year, then the excess shall be credited against Tenant’s share of future Common Area Costs, Taxes, and insurance. In no event shall Tenant be relieved of its obligation to pay Tenant’s Share of Common Area Costs, Taxes, and insurance if Landlord is late in sending Landlord’s Operating Statement to Tenant.
Tenant’s Contribution. Tenant hereby agrees to provide funds (the "Tenant Contribution"), to be held by Landlord, in an amount equal to Twenty- Five Million Dollars ($25,000,000.00), with Eighteen Million Dollars ($18,000,000) to be applied solely towards the build out of interior finish of all private corporate suites (i.e. private enclosed seating spaces leased on an annual basis) constructed as part of the Xxxxxxxx Stadium Expansion and Renovation Plan, the cost of interior furniture, fixtures and equipment to be supplied by Tenant within any private corporate suites in the Baseball Stadium, the cost of any rehabilitation of the interior finishes and the replacement of interior furniture, fixtures and equipment in the private corporate suites subsequent to the completion of the Leased Premises Renovation, and for any other purpose mutually agreed upon by the parties, and with Two Million Dollars ($2,000,000.00) to be applied solely to the "Right Field Public Restaurant" (referenced on Exhibit H) and Five Million Dollars ($5,000,000.00) to be applied solely to the "Centerfield Expanded Fan Amenities/Structures" (referenced on Exhibit H). Contracts for the portion of the Leased Premises Renovation to be funded with the Tenant Contribution as provided herein shall not be let until the Tenant Contribution has been deposited into a designated account (which shall be an interest-bearing account, with all interest earned being the property of Tenant) or other arrangements reasonably satisfactory to Landlord (including without limitation a letter of credit) have been made. Tenant's Contribution will not be required to be contributed until it is time to let the contracts for the work to be paid for with such Tenant's Contribution.
Tenant’s Contribution. From and after the date Landlord tenders possession of the Premises to Tenant and during the entire Lease Term and any renewal term(s), Tenant shall pay to Landlord on the first day of each month, Tenant's pro rata share of the amount of all expenses described in Section 19.3 ("Common Area Expenses") based upon, at Landlord's election, either: (a) the amount of such expenses actually incurred during the billing period; or (b) equal periodic installments which have been estimated in advance by Landlord for a particular period. Landlord may revise such estimates upward or downward at any time without prior notice to Tenant. If Landlord elects to xxxx Tenant based upon estimates, Landlord shall, within sixty (60) days after the end of the calendar year, or as soon thereafter as possible, forward to Tenant a written statement (the "Annual Reconciliation Statement") which adjusts the estimated expenses to reflect the actual expenses incurred for such year. If the Annual Reconciliation Statement shows the actual expenses to have exceeded the estimated expenses, then Tenant's share of such additional amount shall be paid by Tenant to Landlord within ten (10) days of receipt of the Annual Reconciliation Statement. If the Annual Reconciliation Statement shows the actual expenses to have been less than the estimated expenses, Landlord shall credit Tenant's share against the sums next due hereunder from Tenant to Landlord (or against any outstanding sums then due). Notwithstanding the estimate of Tenant's pro rata share set forth in Section 3 of this Lease, Tenant shall be responsible for its actual pro rata share of Common Area Expenses. Tenant's pro rata share shall be equal to the ratio which Tenant's rentable ground floor area bears to the total rentable ground floor area which has the benefit of, or participates in, the expense(s) or service(s) for which Tenant is being charged.
Tenant’s Contribution. Tenant shall contribute funds, together with the contributions made by other governmental entities, to complete at least the Minimum Required Project Elements as part of the Project which are estimated to require funds from Tenant of at least Three Hundred Million Dollars ($300,000,000.00), subject to changes in the contemplated other governmental entities contributions; the Project’s design, specifications, features, and requirements; or changes in economic conditions.
Tenant’s Contribution. Tenant's Maintenance and Repair Obligations..
Tenant’s Contribution. TOWARD THE COST OF LANDLORD'S WORK: Upon the substantial completion of Landlord's Work, Landlord shall submit to Tenant a statement, in reasonable detail, of the costs and expenses incurred by Landlord in connection with Landxxxx'x Xork. Within fifteen (15) days following Tenaxx'x xeceipt of such statement, Tenant shall deliver to Landlord a payment, as a contribution toward such costs and expenses, in the amount of $52,260.00 (i.e. $7.50 x the rentable floor area of the Premises).
Tenant’s Contribution. (clauses 1.1 and 4) Outgoings Year: 30 June
Tenant’s Contribution. 23 ARTICLE XIV.
Tenant’s Contribution. Tenant shall contribute to the Marketing Fund throughout the Term an amount per annum that is based on the number of square feet of leasable area in the Leased Premises (the "Marketing Fund Contribution"). The Marketing Fund Contribution for the first Lease Year shall be as set forth in the Data Summary. The Marketing Fund Contribution shall be increased for each subsequent Lease Year by a percentage equal to the percentage increase in the Consumer Price Index ("Index") from the Previous Index to the Current Index (as defined in Section 19.14 hereof), or seven percent (7%), whichever shall be greater. The Marketing Fund Contribution shall be paid to Landlord, or as Landlord may direct, in twelve (12) equal monthly installments in the same manner as the monthly installments of Minimum Rent are payable (and without separate invoice). In addition to the Marketing Fund Contribution, Tenant shall also pay Landlord, within ten (10) days after the Delivery of Possession Date, a one-time initial contribution to the Marketing Fund in the amount set forth in the Data Summary.
Tenant’s Contribution. Tenant agrees to contribute at least [***] Dollars ($[***]) per rentable square foot of the Premises toward the cost to design and construct the Improvements and the other Improvement Allowance Items. Such contribution by Tenant may be referred to herein as “Tenant’s Contribution”. Tenant may make Tenant’s Contribution in the following manner: (i) Tenant may provide reasonable evidence that Tenant has paid costs for design and construction of the Improvements, and/or (ii) Tenant may provide Landlord with written notice that Tenant has incurred charges for the Miscellaneous Costs, together with reasonable evidence that Tenant has either paid such costs or is contractually committed to pay such costs. After Tenant has made the total Tenant’s Contribution of [***] Dollars ($[***]) per rentable square foot of the Premises and provided that Tenant is not then in default under the Lease, Tenant shall be entitled to a credit against Tenant’s obligations to pay Basic Rental under the Lease in the total amount of [***] Dollars ($[***]) per rentable square foot of the original Premises, which credit shall commence with the thirty seventh (37th) full calendar month of the Term (or later to the extent Basic Rental for such month is already abated pursuant to Section 2.2 above) and shall continue until the total amount of such credit against Basic Rental equals the total Tenant Contribution of [***] Dollars ($[***]) per rentable square foot of the original Premises.
