Common use of Adjusted Amount Clause in Contracts

Adjusted Amount. The Landlord shall periodically review its estimate of the Common Expenses. If the Landlord determines that its estimate requires adjustment, the Landlord shall send Notice thereof to the Tenant, and from and after the mailing or delivery of such Notice to the Tenant, the Tenant is obligated to pay each Monthly Installment of Additional Rent in the amount set forth in the Notice from the Landlord. The Landlord has the right to adjust (by increase or decrease) the amount of the Monthly Installment of Additional Rent as often as the Landlord reasonably determines is necessary, and the Tenant is required to pay each Monthly Installment of Additional Rent in the amount set forth in the then most recent Notice from the Landlord stating the amount of the Monthly Installment of Additional Rent.

Appears in 2 contracts

Sources: Consent to Assignment (Tactical Air Defense Services, Inc.), Sub Lease Agreement (Tactical Air Defense Services, Inc.)

Adjusted Amount. The Landlord shall periodically review its estimate of the Common Expenses. If the Landlord determines that its estimate requires adjustment, the Landlord shall send Notice thereof to the Tenant, and from and after the mailing or delivery of such Notice to the Tenant, the Tenant is obligated to pay each Monthly Installment of Additional Rent in the amount set forth in the die Notice from the Landlord. The Landlord has the right to adjust (by increase or decrease) the amount of the Monthly Installment of Additional Rent as often as the Landlord reasonably determines is necessary, ; and the Tenant is required to pay each Monthly Installment of Additional - Rent in the amount set forth in the then most recent Notice from the Landlord stating the amount of the Monthly Installment of Additional Rent.

Appears in 1 contract

Sources: Commercial Lease (Health Express Usa Inc)