Expense Pass-throughs Sample Clauses

Expense Pass-throughs. It is understood that Base Rent shall be net to Sublessor, and any other charges that Sublessor may incur per the Master Lease shall be the sole responsibility of Sublessee, and shall be in addition to the Base Rent due. Sublessee shall pay monthly installments to Sublessor which shall be an estimate of charges due under the Master Lease. Upon final billing for each calendar year from the Landlord, Sublessor shall submit the same billing to Sublessee, and any overpayments or underpayments shall be ameliorated at that time.
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Expense Pass-throughs. Following the end of this calendar year, Buyer shall timely and diligently prepare and deliver to the Tenants (with copies to Seller) the operating expense and property tax reconciliation statements for 2002 and shall use commercially reasonable efforts to collect any additional amounts for such expenses and taxes that are owned by Tenants for 2002. With respect to each Lease in effect as of Closing, any amount owing, whether to or by the Tenant, on account of such reconciliation shall be prorated between Seller and Buyer as of Closing. If owed by the Tenant, Buyer shall pay Seller its prorated share of such amount within ten Business Days after collecting the same; if owed to the Tenant, Seller shall pay Buyer its prorated share of such amount within 30 days after receiving Seller's written statement therefor. If Buyer after Closing increases the monthly amounts payable by Tenants on account of 2002 operating expenses and property taxes, such increases shall be disregarded for purposes of this provision and Seller shall receive (or pay) the prorated amount that would have been due to or from Seller had no such increase been made. Buyer shall give Seller prompt written notice of any such increase.
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Expense Pass-throughs. The Lessee covenants and agrees to pay to the Lessor as an additional component of Additional Rent hereunder all Expense Pass- throughs within thirty (30) days of the receipt of a statement from the Lessor providing sufficient detail of the nature and cost of such Expense Pass-through items. The following costs shall be deemed to be Expense Pass-throughs and shall be the sole responsibility of the Lessee:
Sample 1

Related to Expense Pass-throughs

  • Pass-Through Expenses (a) If a Work Order provides that a Pass-Through Expense is to be paid by LAUSD directly, Contractor will promptly provide LAUSD with the original third-party invoice for the Pass-Through Expense. If a Work Order provides that a Pass- Through Expense is to be paid by Contractor, Contractor will act as payment agent for LAUSD and will pay third-party charges comprising the Pass-Through Expense. For each Pass-Through Expense, Contractor will review the corresponding invoiced charges to determine whether the charges are proper and valid and should be paid, and will provide LAUSD with a statement to that effect. Where Contractor is paying a Pass-Through Expense on LAUSD's behalf, Contractor will provide LAUSD with a reasonable opportunity to review the applicable invoice. Following this review, Contractor will pay the amounts due and will invoice LAUSD for the charges.

  • Operating Expense Payments Landlord shall deliver to Tenant a written estimate of Operating Expenses for each calendar year during the Term (the “Annual Estimate”), which may be revised by Landlord from time to time during such calendar year. During each month of the Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12th of Tenant’s Share of the Annual Estimate. Payments for any fractional calendar month shall be prorated.

  • Expense Allowance The Company shall reimburse the Executive for all reasonable and necessary expenses incurred by him from time to time in the performance of his duties hereunder, against receipts therefor in accordance with the then effective policies and requirements of the Company.

  • Tax Certificates 10.5.1 All Limited Partners or Assignees (or, if the Limited Partner or Assignee is a nominee holding for the account of a Beneficial Owner, the Beneficial Owner) are required to provide the Partnership with a properly completed Tax Certificate.

  • PAYMENT OF CLOSING COSTS In addition to the costs set forth in Paragraphs 3.1 and 3.2, Purchaser and Seller shall each pay for one-half of the costs of the documentary or transfer stamps to be paid with reference to the "Deed" (hereinafter defined) and all other stamps, intangible, transfer, documentary, recording, sales tax and surtax imposed by law with reference to any other sale documents delivered in connection with the sale of the Property to Purchaser and all other charges of the Title Insurer in connection with this transaction.

  • Treatment of Indemnity Payments Any payments made to an Indemnified Party pursuant to this Article VII or pursuant to the Escrow Agreement shall be treated as an adjustment to the Purchase Price for tax purposes.

  • CLOSING CERTIFICATES AND MISCELLANEOUS 7. A Certificate signed by the President, a Vice President or a Financial Officer of the Borrower certifying the following: (i) that all of the representations and warranties contained in Article III of the Credit Agreement are true and correct and (ii) that no Default or Event of Default has occurred and is then continuing.

  • From, To and Through relative to the determination of any period of time, “from” means “from and including,” “to” means “to but excluding,” and “through” means “through and including”; and

  • Documentation at Closing The Purchaser shall have received prior to or at the Closing all of the following documents or instruments, or evidence of completion thereof, each in form and substance satisfactory to the Purchaser:

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