Common use of Impound Clause in Contracts

Impound. Landlord reserves the right, at Landlord's option, to estimate the annual cost of Operating Expenses performed by Landlord ("Projected Operating Expenses") and to require same to be paid in advance. Tenant shall pay to Landlord, monthly in advance as additional Rent, one-twelfth (1/12) of the Projected Operating Expenses.

Appears in 5 contracts

Sources: Standard Single Tenant NNN Lease (Media Arts Group Inc), Lease Agreement (Vina Technologies Inc), Lease Agreement (Docent Inc)

Impound. Landlord reserves the right, at Landlord's option, to estimate the annual cost of Operating Expenses performed by Landlord ("Projected Operating ExpensesPROJECTED OPERATING EXPENSES") and to require same to be paid in advance. Tenant shall pay to Landlord, monthly in advance as additional Rent, one-twelfth (1/12) of the Projected Operating Expenses.

Appears in 2 contracts

Sources: Standard NNN Lease (Infoseek Corp), Standard NNN Lease (Arena Pharmaceuticals Inc)

Impound. Landlord reserves the right, at Landlord's ’s option, to estimate the annual cost of Operating Expenses performed by Landlord ("Projected Operating Expenses") and to require same to be paid in advance. Tenant shall pay to Landlord, monthly in advance as additional Rent, one-twelfth (1/12) of the Projected Operating Expenses.

Appears in 1 contract

Sources: Standard NNN Lease (Pixelworks Inc)

Impound. Landlord reserves the right, at Landlord's option, to estimate the annual cost of Operating OPERATING Expenses performed by Landlord ("Projected Operating ExpensesPROJECTED OPERATING EXPENSES") and to require same to be paid in advance. Tenant shall pay to Landlord, monthly in advance as additional Rent, one-twelfth (1/12) of the Projected Operating Expenses.

Appears in 1 contract

Sources: Standard NNN Lease (Biomarin Pharmaceutical Inc)

Impound. Landlord reserves the right, at Landlord's ’s option, to estimate the annual cost of Operating Expenses performed by Landlord ("Projected Operating Expenses") and to require same to be paid in advance. Tenant shall pay to Landlord, monthly in advance as additional Rent, one-twelfth (( 1/12) of the Projected Operating Expenses.

Appears in 1 contract

Sources: Lease Agreement (Docent Inc)

Impound. Landlord reserves the right, at Landlord's option, to estimate the annual cost of Operating Expenses performed by Landlord ("Projected Operating Expenses") and to require same to be paid in advance. Tenant shall pay to Landlord, monthly in advance as additional Rent, one-one- twelfth (1/12) of the Projected Operating Expenses.

Appears in 1 contract

Sources: Standard NNN Lease (Infoseek Corp)