Certain of the. Leases provide for reimbursement to lessor of maintenance and operation charges, Taxes, insurance and other expenses (herein collectively referred to as "Maintenance Expenses"). Some Leases provide for a determination of the tenant's share of Maintenance Expenses on an annual basis but provide that an estimated amount thereof (either in the aggregate or for specified components thereof) shall be paid by tenant to lessor monthly during the course of the year with a final adjustment to be made after the close of the year when such costs and expenses have been finally determined. Seller and Purchaser have agreed as follows with respect to Maintenance Expenses:
Appears in 5 contracts
Samples: Agreement of Sale (Outlet Centre Partners), Agreement of Sale (Balcor Equity Pension Investors Ii), Agreement of Sale (Balcor Pension Investors Vi)
