Landlord’s Expense Statement. As soon as reasonably possible after the first day of the Lease Year following the Lease Year in which the Base Period occurs and thereafter as soon as practical after each succeeding Lease Year during the Term, Landlord shall determine or estimate the amount by which Landlord’s Operating Expenses for the Lease Year in question will exceed the Base Operating Expenses (“Landlord’s Estimated Operating Expenses”) and shall submit such information to Tenant in a written statement (“Landlord’s Expense Statement”). Landlord shall use reasonable efforts to issue Landlord’s Expense Statement within one hundred twenty (120) days following the end of each Lease Year. Landlord’s failure to render Landlord’s Expense Statement for any Lease Year will not prejudice Landlord’s right to thereafter render Landlord’s Expense Statement with respect to such Lease Year or with respect to any other Lease Year, nor will the rendering of any Landlord’s Expense Statement prejudice Landlord’s right to thereafter render a revised Landlord’s Expense Statement for the applicable Lease Year. Notwithstanding the foregoing, Tenant’s obligation to render payment with respect to any such Landlord’s Expense Statement shall be subject to the provisions of Section 29.3.
Landlord’s Expense Statement. On or about the beginning of the second (2nd) Lease Year and thereafter within sixty (60) days of the end of each succeeding Lease Year during the Term, Landlord shall determine or estimate the amount by which Landlord’s Operating Expenses for the Lease Year in question will exceed the Base Operating Expenses (“Landlord’s Estimated Operating Expenses”) and within such sixty (60) day period shall submit such information to Tenant in a written statement (“Landlord’s Expense Statement”). Landlord’s failure to render Landlord’s Expense Statement for any Lease Year will not prejudice Landlord’s right to thereafter render Landlord’s Expense Statement with respect to such Lease Year or with respect to any other Lease Year, nor will the rendering of any Landlord’s Expense Statement prejudice Landlord’s right to thereafter render a revised Landlord’s Expense Statement for the applicable Lease Year.
Landlord’s Expense Statement. As soon as reasonably possible after the Commencement Date and thereafter as soon as practical after each succeeding Operating Year during the Term, Landlord shall determine or estimate the amount of Landlord's Operating Expenses for the Lease Year in question ("Landlord's Estimated Operating Expenses") and shall submit such information to Tenant in a written statement ("Landlord's Expense Statement"). Landlord shall use reasonable efforts to issue Xxxxxxxx's Expense Statement within one hundred twenty (120) days following the end of each Operating Year. Xxxxxxxx's failure to render Xxxxxxxx's Expense Statement for any Operating Year will not prejudice Xxxxxxxx's right to thereafter render Landlord's Expense Statement with respect to such Operating Year or with respect to any other Operating Year, nor will the rendering of any Landlord's Expense Statement prejudice Landlord's right to thereafter render a revised Landlord's Expense Statement for the applicable Operating Year.
Landlord’s Expense Statement. On or after the Commencement Date and on or after the first (1st) day of January first occurring after the Commencement Date and thereafter as soon as practical after each succeeding calendar year during the Term, Landlord shall determine or estimate Landlord’s Operating Expenses for the calendar year in question (“Landlord’s Estimated Operating Expenses”) and shall submit such information to Tenant in a written statement (“Landlord’s Expense Statement”). Landlord shall use reasonable efforts to issue Landlord’s Expense Statement within one hundred twenty (120) days following the end of each calendar year.
