Alternative Payment. Notwithstanding the foregoing, Landlord has the right to notify Tenant on a monthly or other basis of the actual amount Landlord has expended for all Common Area costs incurred during the previous month or period. Such notice shall also set forth Tenant's pro rata share of such actual costs. Upon receipt of such statement, Tenant shall pay with the next monthly installment of rent Tenant's pro rata share of the actual Common Area costs incurred during the previous month or period.
Appears in 2 contracts
Sources: Sublease (Integra Lifesciences Holdings Corp), Industrial Real Estate Triple Net Sublease (Copper Mountain Networks Inc)