Common use of Verification of Rental Adjustments Clause in Contracts

Verification of Rental Adjustments. Each notice to the Lessee from the Owner Participant setting forth the results of any calculation or recalculation pursuant to paragraph (f) above shall be accompanied by a letter from the Owner Participant setting forth the reasons for such calculation or recalculation and stating that such calculation or recalculation was made using the same methods and, except as to the change or changes in circumstance giving rise to such adjustment, the same assumptions as were used in computing the factors for Periodic Rent, Casualty Values and Termination Values and the Early Purchase Date and Early Purchase Price in effect prior to such adjustment.

Appears in 3 contracts

Samples: Facility Lease (Crown Pacific Partners L P), Facility Lease (Crown Pacific Partners L P), Facility Lease (Pope & Talbot Inc /De/)

AutoNDA by SimpleDocs

Verification of Rental Adjustments. Each notice to the Lessee from the ---------------------------------- Owner Participant setting forth the results of any calculation or recalculation pursuant to paragraph (f) above shall be accompanied by a letter from the Owner Participant setting forth the reasons for such calculation or recalculation and stating that such calculation or recalculation was made using the same methods and, except as to the change or changes in circumstance giving rise to such adjustment, the same assumptions as were used in computing the factors for Periodic Rent, Casualty Values and Termination Values and the Early Purchase Date and Early Purchase Price in effect prior to such adjustment.

Appears in 1 contract

Samples: Facility Lease (Pope & Talbot Inc /De/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!