Landlord’s Statement definition

Landlord’s Statement means an instrument or instruments containing a comparison of any increase or decrease in the Rent for the preceding Comparison Year pursuant to the provisions of this Article 28.

Landlord’s Statement. An instrument containing a computation of any Additional Rent due pursuant to the provisions of this Article 5.

Landlord’s Statement means an instrument or instruments containing a comparison of either (i) the Base Taxes and the Taxes payable for any Comparison Year, or (ii) the Base Labor Rates and the Labor Rates applicable to any Comparison Year.

Examples of Landlord’s Statement in a sentence

• Any amount due to the Landlord as shown on Landlord’s Statement, whether or not disputed by Tenant as provided herein shall be paid by Tenant when due as provided above, without prejudice to any such written exception.

• Tenant shall pay to Landlord within thirty (30) days after receipt of such statement any amounts for Rent Adjustments then due in accordance with Landlord’s Statement.

• No interest or penalties shall accrue on any amounts that Landlord is obligated to credit or refund to Tenant by reason of this Section 4.2. Landlord’s failure to deliver Landlord’s Statement or to compute the amount of the Rent Adjustments shall not constitute a waiver by Landlord of its right to deliver such items nor constitute a waiver or release of Tenant’s obligations to pay such amounts.

• Landlord’s failure to deliver Landlord’s Statement or to compute the amount of the Rent Adjustments shall not constitute a waiver by Landlord of its right to deliver such items nor constitute a waiver or release of Tenant’s obligations to pay such amounts.

• If Tenant does dispute any Landlord’s Statement, Tenant shall deliver a copy of any such audit to Landlord at the time of notification of the dispute.

More Definitions of Landlord’s Statement

Landlord’s Statement means either a Landlord’s Operating Statement or a Landlord’s Tax Statement.

Landlord’s Statement means an instrument containing a computation of Additional Rent due pursuant to the provisions of this Article 7 furnished by Landlord to Tenant.

Landlord’s Statement means an instrument containing a computation of any Additional Rent due pursuant to the provisions of this Article 5.

Landlord’s Statement means an instrument setting forth the Operating Payment payable by Tenant for a specified Operating Year.

Landlord’s Statement means an instrument or instruments containing a comparison of the Base Tax Factor and the Tax Factor for any Tax Year.

Landlord’s Statement means an instrument or instruments containing a comparison of the Base Expense Factor and the Expense Factor for any Computation Year.

Landlord’s Statement. As defined in Section 4.2.4.