Common use of Estimated Payments Clause in Contracts

Estimated Payments. In addition to Monthly Base Rent, Tenant will pay to Landlord in advance on the first day of each month during the Term one-twelfth (l/12) of Tenant's Pro Rata Share of estimated Operating Expenses paid, payable or incurred during the subject calendar year or partial calendar year (the "Estimated Operating Expenses"). The Estimated Operating Expenses are subject to revision according to the further provisions of this Section 5.02 and Section 5.03. During December of each calendar year or as soon after December as practicable, Landlord will give Tenant written notice of Landlord's reasonable estimate of the amounts payable under Section 5.01 for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year, Tenant will pay to Landlord in advance one-twelfth (1/12) of such reasonable estimated amount; however, if such notice is not given in December, Tenant will continue to pay on the basis of the prior year's estimate until the month after such notice is given; provided that in the month Tenant first pays Landlord's new estimate Tenant will pay to Landlord the difference between the new estimate and the amount payable under the prior year's estimate for each month which has elapsed since December. If at any time or times it reasonably appears to Landlord that the amount payable under Section 5.01 for the current calendar year will vary from Landlord's estimate, Landlord may, by written notice to Tenant, revise Landlord's estimate for such year, and subsequent payments by Tenant for such year will be based upon Landlord's reasonably revised estimate.

Estimated Payments. Landlord shall submit to Tenant, before the beginning of each Calendar Year or as soon thereafter as possible, a reasonably itemized statement of Landlord's estimate of the Operating Expenses payable by the Tenant during such Calendar Year. In addition to Monthly Base the Basic Rent, Tenant will shall pay to Landlord in advance on the first day of each month during the Term one-twelfth (l/12) of Tenant's Pro Rata Share of estimated Operating Expenses paid, payable or incurred during the subject calendar year or partial calendar year (the "Estimated Operating Expenses"). The Estimated Operating Expenses are subject to revision according to the further provisions of this Section 5.02 and Section 5.03. During December of each calendar year or as soon after December as practicable, Landlord will give Tenant written notice of Landlord's reasonable estimate of the amounts payable under Section 5.01 for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year, Tenant will pay to Landlord in advance one-twelfth (1/12) property prorated share of such reasonable estimated amount; however, if such notice is not given in December, Tenant will continue to pay on the basis of the prior year's estimate until the month after such notice is given; provided that in the month Tenant first pays Landlord's new estimate Tenant will pay to Landlord the difference between the new estimate and the amount operating expenses payable under the prior year's estimate for each month which has elapsed since December. If at any time or times it reasonably appears to Landlord that the amount payable under Section 5.01 for the current calendar year will vary from Landlord's estimate, Landlord may, by written notice to Tenant, revise Landlord's estimate for such year, and subsequent payments by Tenant for such year will be based upon Calendar Year as set forth in Landlord's reasonably revised estimatestatement. If Landlord fails to give Tenant notice of its estimated payments due under this Section for any Calendar Year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous Calendar Year until a new estimate is provided. If the Landlord determines that, because of unexpected increases in Operating Expenses or other reasons, Landlord's estimate of the Operating Expenses was too low, then Landlord shall have the right at any time and from time to time to give a new statement of the estimated Operating Expenses due from Tenant for such Calendar Year or the balance thereof and to bill Tenant for any deficiency which may have accrued durxxx such Calendar Year, and Tenant within thirty (30) days after notice from Landlord shall pay such deficiency to Landlord and thereafter Tenant shall pay monthly estimated payments based on such new statement, provided that such an adjustment shall not occur not more often than once per year.

Estimated Payments. In addition to Monthly Base Rent, Tenant will pay to Landlord in advance on the first day of each month during the Term Term, one-twelfth (l/121/12) of Tenant's Pro Rata Share Landlord’s estimate of estimated Operating Expenses paidthe Additional Rent payable by Tenant pursuant to Section 5.1, payable or incurred above, during the subject calendar year or partial calendar year (the "Estimated Operating Expenses"“Additional Rent”). The Estimated Operating Expenses are Additional Rent is subject to revision according to the further provisions of this Section 5.02 5.2 and Section 5.035.3, below. During December of each calendar year year, or as soon after December as practicable, Landlord will give Tenant written notice of Landlord's reasonable estimate of the amounts payable under Section 5.01 Additional Rent for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year, Tenant will pay to Landlord in advance one-twelfth (1/12) of such reasonable estimated amountthe Additional Rent; however, if such notice is not given in December, Tenant will continue to pay on the basis of the prior year's estimate ’s Additional Rent until the month after such notice is given; provided that in . In the month Tenant first pays Landlord's ’s new estimate Additional Rent, Tenant will pay to Landlord the difference between the new Additional Rent estimate and the amount payable under to Landlord for the prior year's estimate ’s Additional Rent, for each month which has elapsed since December. If If, at Landlord’s Initials Tenant’s Initials any time or times it reasonably appears to Landlord that the amount payable under Section 5.01 5.1 above, for the current calendar year will vary from Landlord's estimatethe Additional Rent, Landlord may, by written notice to Tenant, revise Landlord's estimate the Estimate Operating Expense for such year, and subsequent payments by Tenant for such year will be based upon Landlord's ’s reasonably revised estimate.

Estimated Payments. In addition to Monthly Base Rent, Tenant will pay to Landlord in advance on the first day of each month during the Term one-twelfth (l/121/12) of TenantLandlord's Pro Rata Share estimate of estimated Operating Expenses paidthe Additional Rent payable by Tenant pursuant to Section 5.1, payable or incurred above, during the subject calendar year or partial calendar year (the "Estimated Operating ExpensesAdditional Rent"). The Estimated Operating Expenses Additional Rent are subject to revision according to the further provisions of this Section 5.02 5.2 and Section 5.035.3, below. During December of each calendar year year, or as soon after December as practicable, Landlord will give Tenant written notice of Landlord's reasonable estimate of the amounts payable under Section 5.01 Additional Rent for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year, Tenant will pay to Landlord in advance one-twelfth (1/12) of such reasonable estimated amountthe Additional Rent; however, if such notice is not given in December, Tenant will continue to pay on the basis of the prior year's estimate Additional Rent until the month after such notice is given; provided that in . In the month Tenant first pays Landlord's new estimate Additional Rent, Tenant will pay to Landlord the difference between the new Additional Rent estimate and the amount payable under to Landlord for the prior year's estimate Additional Rent, for each month which has elapsed since December. If If, at any time or times it reasonably appears to Landlord that the amount payable under Section 5.01 5.1 above, for the current calendar year will vary from Landlord's estimatethe Additional Rent, Landlord may, by written notice to Tenant, revise Landlord's estimate the Estimate Operating Expenses for such year, and subsequent payments by Tenant for such year will be based upon Landlord's reasonably revised estimate.

Estimated Payments. In addition to Monthly Base Rent, Tenant will pay to Landlord in advance on the first day of each month during the Term one-twelfth (l/121/12) of Tenant's Pro Rata Share of estimated Estimated Operating Expenses paid, payable payable, or incurred during the subject calendar year or partial calendar year (the "Estimated Operating Expenses"). The Estimated Operating Expenses are subject to revision according to the further provisions of this Section 5.02 5.3 and Section 5.035.4. During December of each calendar year or as soon after December as practicable, Landlord will give Tenant written notice of Landlord's reasonable estimate of the amounts payable under Section 5.01 5.1 for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year, Tenant will pay to Landlord in advance one-twelfth (1/12) of such reasonable estimated amount; however, if such notice is not given in December, Tenant will continue to pay on the basis of the prior year's estimate until the month after such notice is given; provided that in the month Tenant first pays Landlord's new estimate Tenant will pay to Landlord the difference between the new estimate and the amount payable under the prior year's estimate for each month which has elapsed since December. If at any time or times it reasonably appears to Landlord that the amount payable under Section 5.01 5.1 for the current calendar year will vary from Landlord's estimate, Landlord may, by written notice to Tenant, revise Landlord's estimate for such year, and subsequent payments by Tenant for such year will be based upon Landlord's reasonably revised estimate.

Estimated Payments. In addition to Monthly Base Rent, Tenant will pay to Landlord in advance on the first day of each month during the Term Term, one-twelfth (l/121/12) of Tenant's Pro Rata Share of estimated Estimated Increase in Operating Expenses paid, payable or incurred over the Base Year charged during the subject calendar year or partial calendar year (the "Estimated Increase in Operating Expenses"). The Estimated Increase in Operating Expenses are subject to revision according to the further provisions of this Section 5.02 Clause 7.2 and Section 5.03Clause 7.3. During December of each calendar year or as As soon after December as practicable, Landlord will give Tenant written notice of Landlord's reasonable estimate of the amounts payable under Section 5.01 Clause 7.1 for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year, Tenant will pay to Landlord in advance one-twelfth (1/12) of such reasonable estimated amount; however, if such notice is not given in Decembergiven, Tenant will continue to pay on the basis of the prior year's estimate until the month after such notice is given; provided that in . In the month Tenant first pays Landlord's new estimate estimate, Tenant will pay to Landlord the difference between the new estimate and the amount payable under the prior year's estimate for each month which has elapsed since December. If at any time or times it reasonably appears to Landlord that the amount payable under Section 5.01 Clause 7.1 for the current calendar year will vary from Landlord's estimate, Landlord may, by written notice to Tenant, revise Landlord's estimate for such year, and subsequent payments by Tenant for such year will be based upon Landlord's reasonably revised estimate.

Estimated Payments. In addition to Monthly Base Rent, Tenant will pay to Landlord in advance on the first day of each month during the Term one-twelfth (l/121/12) of Tenant's Pro Rata Share Landlord’s estimate of estimated Operating Expenses paidthe Additional Rent payable by Tenant pursuant to Section 5.1, payable or incurred above, during the subject calendar year or partial calendar year (the "Estimated Operating Expenses"“Additional Rent”). The Estimated Operating Expenses are Additional Rent is subject to revision according to the further provisions of this Section 5.02 5.2 and Section 5.035.3, below. During December of each calendar year year, or as soon after December as practicable, Landlord will give Tenant written notice of Landlord's reasonable estimate of the amounts payable under Section 5.01 Additional Rent for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year, Tenant will pay to Landlord in advance one-twelfth (1/12) of such reasonable estimated amountthe Additional Rent; however, if such notice is not given in December, Tenant will continue to pay on the basis of the prior year's estimate ’s Additional Rent until the month after such notice is given; provided that in . In the month Tenant first pays Landlord's ’s new estimate Additional Rent, Tenant will pay to Landlord the difference between the new Additional Rent estimate and the amount payable under to Landlord for the prior year's estimate ’s Additional Rent, for each month which has elapsed since December. If If, at any time or times it reasonably appears to Landlord that the amount payable under Section 5.01 5.1 above, for the current calendar year will vary from Landlord's estimatethe Additional Rent, Landlord may, by written notice to Tenant, revise Landlord's estimate the Estimate Operating Expenses for such year, and subsequent payments by Tenant for such year will be based upon Landlord's ’s reasonably revised estimate.