Common use of Timing of Estimates Clause in Contracts

Timing of Estimates. If Landlord does not determine its estimate for the then current calendar year of Tenant's Share of Expense Increases and/or Tax Increases until February 1 or later, Tenant shall continue to make such payments at the prior calendar year's rate, and in such event, Tenant's first such estimated payment installment after such estimate is first made or updated shall include, retroactively, any increases in the monthly estimated payments applicable since January 1 of the same calendar year.

Appears in 4 contracts

Samples: Lease (Arbor National Holdings Inc), Lease (Net2000 Communications Inc), Lease (Marcam Solutions Inc)

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Timing of Estimates. If Landlord does not determine its estimate for the then current calendar year of Tenant's ’s Share of Expense Increases and/or Tax Increases until February 1 or later, Tenant shall continue to make such payments at the prior calendar year's ’s rate, and in such event, Tenant's ’s first such estimated payment installment after such estimate is first made or updated shall include, retroactively, any increases in the monthly estimated payments applicable since January 1 of the same calendar year.

Appears in 2 contracts

Samples: Lease (Wave2Wave Communications, Inc.), Lease (Wave2Wave Communications, Inc.)

Timing of Estimates. If Landlord does not determine its estimate for the then current calendar year of Tenant's Share of Expense Increases and/or Tax Increases until February 1 11 or later, Tenant shall continue to make such payments at the prior calendar year's rate, and in such event, Tenant's first such estimated payment installment after such estimate is first made or updated shall include, retroactively, any increases in the monthly estimated payments applicable since January 1 of the same calendar year.. 11.4

Appears in 1 contract

Samples: Lease (OMNICELL, Inc)

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Timing of Estimates. If Landlord does not determine its estimate for the then current calendar year of Tenant's Share of Expense Increases Total Expenses and/or Real Estate Tax Increases until February 1 after the commencement of such calendar year or later, Tenant shall continue to make such payments at the prior calendar year's rate, and in such event, Tenant's first such estimated payment installment after such estimate is first made or updated shall include, retroactively, any increases in the monthly estimated payments applicable since January 1 the first (1st) day of the same calendar year.

Appears in 1 contract

Samples: Lease (Boron Lepore & Associates Inc)

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