Additional Rent Adjustment. Each Seller and Purchaser shall prorate the actual amount of Additional Rent paid by each Tenant at such Seller’s Property for such Tenant’s applicable fiscal year (“Tenant’s Fiscal Year”) as follows:
Additional Rent Adjustment. Promptly after Purchaser completes the reconciliation of Additional Rent under each Tenant’s Lease for the calendar year in which the Closing Date occurred (the “Tenant’s Fiscal Year”), Sellers and Purchaser shall adjust the Closing Date proration of Additional Rent pursuant to Section 5.5.10(b) above, as follows:
Additional Rent Adjustment. If the Term begins on a day other than the first day of a calendar month or ends on a day other than the last day of a calendar month, the Additional Rent payable for such month shall be prorated on a per diem basis over the number of days in the year.
Additional Rent Adjustment. Seller and Purchaser shall prorate the actual amount of Additional Rent paid by each Tenant for the 1998 calendar year as follows (it being understood and agreed that all Tenants are on a calendar year basis of accounting with respect to Additional Rent payments):
Additional Rent Adjustment. (a) The parties acknowledge that Landlord, at Tenant’s request, in order to accommodate Tenant’s expansion needs within the Building, is in the process of acquiring the real property known as Condominium Unit 100 in the Building (in which Premises C and E are located) from 0000 Xxxxxxxx III, L.L.C. (“Xxxxxxxx”). The parties further acknowledge that as a direct result of such acquisition, Landlord will incur substantial costs, of which Tenant has agreed to reimburse Landlord the amount of Six Hundred Twenty Thousand Dollars ($620,000.00) through the payment of additional rent.
Additional Rent Adjustment. Sublessee agrees to pay its Proportionate Share (hereinafter defined) of all Property Operating Expenses payable by Sublessor under the Master Lease (collectively, “Additional Rent”). “Proportionate Share” means (i) 43.25% with respect to Property Operating Expenses relating to (x) the Common Areas benefiting or servicing the Subleased Premises (which are agreed to be limited to the driveways and parking areas of the Project), and (y) the maintenance, repair and/or replacement of the elevators in Building B, and (ii) 100% with respect to Property Operating Expenses relating solely to the Subleased Premises, in each case, subject to the limitations on Property Maintenance Costs set forth below, including as to capital expenses. Sublessee’s Proportionate Share of all Additional Rent shall be payable on the same terms as the “Additional Rent” under the Master Lease (except payable to Sublessor), including being subject to the annual reconciliation provided for in Paragraph 3.3 of the Master Lease. To the extent charges other than Property Operating Expenses are incurred by Sublessor under the Master Lease due to a breach by Sublessee of this Sublease, Sublessee will be responsible for the same and such charges shall also constitute Additional Rent hereunder. Notwithstanding the foregoing or anything else contained herein or the Master Lease to the contrary, for purposes of calculating the Additional Rent payable by Sublessee:
Additional Rent Adjustment. Additional Rent costs are subject to adjustment to account for unbilled actual expenses each year. One half of these costs (or credits), if any, will be used to adjust the Fixed Cost in May. Club Owner may request a separate payment schedule for this adjustment.
Additional Rent Adjustment. Article 1, Paragraph H shall be amended to reflect that the Tenant shall pay Tenant’s Share of Taxes and Expenses in excess of $7.61 per rentable square foot, as further described in Article 3.
Additional Rent Adjustment. Seller and Purchaser shall prorate the actual amount of Additional Rent paid by each tenant for such tenant’s applicable lease year or other period, as distinguished from the interim payments prorated as of the Closing Date as follows:
Additional Rent Adjustment. HMCE and Hunters Branch LLC shall prorate the actual amount of Additional Rent paid by each Space Tenant for such Space Tenant's Applicable Additional Rent Fiscal Year (as distinguished from the interim payments prorated as of the Proration Date pursuant to Section 10.2(a)) as follows:
