Common use of Disputes/Audit Rights Clause in Contracts

Disputes/Audit Rights. (i) Any statement furnished to Tenant by Landlord under the preceding paragraph or other provisions of this Article shall constitute a final determination as between Landlord and Tenant of the additional rent due from Tenant for the period represented thereby unless Tenant, within one hundred twenty (120) days after a statement is furnished, shall have given a notice to Landlord that Tenant disputes the correctness of the statement, specifying in detail the basis for such assertion. Pending resolution of such a dispute, Tenant shall pay the additional rent in accordance with the statement furnished by Landlord.

Appears in 3 contracts

Samples: Agreement of Lease (MEDecision, Inc.), Agreement of Lease (MEDecision, Inc.), Agreement of Lease (MEDecision, Inc.)

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Disputes/Audit Rights. (i) Any statement furnished to Tenant by Landlord under the preceding paragraph or other provisions of this Article shall constitute a final determination as between Landlord and Tenant of the additional rent due from Tenant for the period represented thereby unless Tenant, within one hundred twenty eighty (120180) days after a statement is furnished, shall have given a notice to Landlord that Tenant disputes the correctness of the statement, specifying in detail the basis for such assertion. Pending resolution of such a dispute, Tenant shall pay the additional rent in accordance with the statement furnished by LandlordLandlord which payment will be without prejudice.

Appears in 1 contract

Samples: Agreement of Lease (Ym Biosciences Inc)

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