Impounding. If required in writing by Landlord’s Lender, then along with each monthly rent payment during the Lease term and any renewals thereof, Tenant shall pay to Landlord a sum equal to 1/12th of the annual real property taxes, assessments and insurance which Landlord estimates are payable by Tenant hereunder, or (at Landlord’s option) amounts which Tenant was obligated to pay during the previous year pursuant hereto. Initials: /s/ Illegible Initials: /s/ Illegible
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Sources: Lease Agreement (Advanced Analogic Technologies Inc)
Impounding. If required in writing by Landlord’s Lender, then along with each monthly rent payment during the Lease term and any renewals thereof, thereof Tenant shall pay to Landlord a sum equal to 1/12th of the annual real property taxes, assessments and insurance which Landlord estimates are payable by Tenant hereunder, or (at Landlord’s option) amounts which Tenant was obligated to pay during the previous year pursuant hereto. Initials: /s/ Illegible Initials: /s/ Illegible:
Appears in 1 contract
Sources: Lease Agreement (Anda Networks Inc)
Impounding. If required in writing by Landlord’s 's Lender, then along with each monthly rent payment during the Lease term and any renewals thereof, Tenant shall pay to Landlord a sum equal to 1/12th of the annual real property taxes, assessments and insurance which Landlord estimates are payable by Tenant hereunder, or (at Landlord’s option) amounts which Tenant was obligated to pay during the previous fiscal year pursuant hereto. Initials: /s/ Illegible Initials: /s/ Illegibleto the terms hereof.
Appears in 1 contract