TENANT'S PAYMENT definition
TENANT'S PAYMENT means Tenant's pro rata share (based on the area of Tenant's display panel relative to the aggregate panel display area of such sign) of the cost incurred or paid by Landlord in connection with installing or erecting such monument sign. In the event Tenant does not timely pay to Landlord Tenant's Payment pursuant to the first sentence of this Article, Tenant shall be deemed to have waived any right to display its name on the monument sign.
Examples of TENANT'S PAYMENT in a sentence
TENANT'S PAYMENT OF PROPERTY TAXES AND INSURANCE PREMIUMS ...............................................
IN ACCORDANCE WITH ARIZONA LAW, TENANT'S PAYMENT OF ITS SHARE OF TENANT IMPROVEMENT COSTS OVER AND ABOVE THE ALLOWANCE PROVIDED BY LANDLORD SHALL NOT BE SUBJECT TO THE TRANSACTION PRIVILEGE TAX, EXCEPT THAT SUCH COSTS ARE INTENDED TO INCLUDE SALES TAX CHARGED BY THE CONTRACTOR TO LANDLORD.
TENANT'S PAYMENT OF PROPERTY TAXES AND INSURANCE PREMIUMS..................
TENANT'S PAYMENT OF ANY AMOUNTS UNDER THIS LEASE SHALL NOT BE DEEMED A WAIVER OF TENANT'S RIGHT TO PROTEST SUCH AMOUNTS AS NOT BEING OWED HEREUNDER.