Landlords Statements. Landlord’s failure to render Landlord’s Statement of Taxes or Landlord’s Statement of Operation and Maintenance (each “Landlord’s Statement”), with respect to any Operational Year or Tax Year, or Landlord’s delay in rendering such Statement beyond a date specified herein, shall not prejudice Landlord’s right to render a Landlord’s Statement with respect to that or any subsequent Operational Year or Tax Year or operate as a waiver of same.
Landlords Statements. Landlord will deliver Landlord’s Statements to Tenant during the Term. Landlord’s delay or failure to render Landlord’s Statement with respect to the Base Expense Year, any Expense Year or any Tax Year beyond a date specified herein shall not prejudice Landlord’s right to render a Landlord’s Statement with respect to that or any subsequent Expense Year or subsequent Tax Year (except to the extent provided in Section 5.7 below), provided that Landlord shall endeavor to issue Landlord’s Statements within one hundred twenty (120) days after the close of the Expense Year (including also the Base Expense Year) or Tax Year in question and in any event shall issue such Statements not later than the date that is twelve (12) months after the close of the Expense Year or Tax Year in question. The obligations of Landlord and Tenant under the provisions of this Article with respect to any Additional Rent incurred during the Term shall survive the expiration or any sooner termination of the Term. If Landlord fails to give Tenant a statement of projected Operating Expenses or Taxes prior to the commencement of any Expense Year, Tenant shall continue to pay Operating Expenses and Taxes in accordance with the previous statement, until Tenant receives a new statement from Landlord. All statements of projected Operating Expenses and Taxes, and Landlord’s Statements issued to Tenant after the close of the Expense Year (including also the Base Expense Year) shall include reasonable detail with respect to the various expense components included in the projected Operating Expenses and Taxes.
Landlords Statements. The Landlord declares that before entering into this rental agreement he has taken note of the relevant laws and regulations and - where applicable - has obtained permission from: - the home or (authorised) manager, in case of subletting; - the municipality; - the association of owners; - the mortgagee(s); - the insurer(s)
Landlords Statements. (a) In order to provide for current payments on account of the amount of the Common Area Operating Expenses and Premises Operating Expenses, Tenant shall pay as Additional Rent (defined in paragraph 4.04), together with monthly installments of Base Rent and Percentage Rent, an amount equal to Tenant’s Proportionate Share of the Common Area Operating Expenses, Common Area Taxes and all of the Premises Operating Expenses due for the ensuing 12 Lease Months as reasonably estimated by Landlord prior to the beginning of each Lease Year. Such estimate shall be provided not later than August 1 beginning in 2020, and then each August 1 thereafter for each upcoming Lease Year. Estimated payments will be made in twelve (12) equal monthly payments (the “Operating Expense Estimated Payments”).
Landlords Statements. Landlord will deliver Landlord’s Statements to Tenant during the Term as soon as reasonably practicable. Landlord’s delay or failure to render Landlord’s Statement with respect to the Base Expense Year, any Expense Year or any Tax Year beyond a date specified herein shall not prejudice Landlord’s right to render a Landlord’s Statement with respect to that or any subsequent Expense Year or subsequent Tax Year. The obligations of Landlord and Tenant under the provisions of this Section with respect to any Additional Rent incurred during the Term shall survive the expiration or any sooner termination of the Term. If Landlord fails to give Tenant a statement of projected Operating Expenses prior to the commencement of any Expense Year, Tenant shall continue to pay Operating Expenses in accordance with the previous statement, until Tenant receives a new statement from Landlord.
Landlords Statements. Landlord's failure to render a Landlord's Statement as provided in this Article 5 shall not prejudice Landlord's right to thereafter render such a statement with respect to such calendar year or Tax Year or any calendar year or Tax Year thereafter. Each Landlord's Statement so delivered shall be conclusive and binding upon Tenant unless Tenant notifies Landlord within ten (10) days after receipt thereof that it disputes the correctness of such Landlord's Statement, specifying to the extent then practical the particular respects in which the same is claimed to be incorrect, and notwithstanding such claim shall pay the Additional Charges in accordance with such Landlord's Statement, without prejudice to Tenant's position. Thereafter if the claim is resolved in Tenant's favor, Tenant shall be entitled to a credit for the decreased amount.
Landlords Statements. 7.4.1 On or about May first of each year of the Term, or within a reasonable period of time thereafter, Landlord shall submit to Tenant a statement ("Landlord's Statement") showing in reasonable detail Landlord's Operating Expenses and Real Estate Taxes during the preceding calendar year. Within fifteen (15) days next following the submission of a Landlord's Statement. Tenant shall pay to Landlord Tenant's Proportionate Share. Provided Tenant pays its Proportionate Share of said amount in accordance with the terms herein, Tenant or its representative shall have the right to examine Landlord's books and records with respect to the items in the foregoing Landlord's Statement during normal business hours at any time within forty-five (45) days following the delivery by Landlord to Tenant of such Landlord's Statement (the "Inspection Period"). Tenant's failure to inspect during the Inspection Period shall be deemed a waiver of Tenant's right to so inspect and Tenant waives its right to request any such inspection after the Inspection Period. Unless Tenant shall take written exception to any item contained therein within the Inspection Period, such Landlord's Statement shall be considered as final and accepted by Tenant and Tenant waives its right to take exception after the Inspection Period. In the event Tenant takes timely written exception to any item contained in Landlord's books and records with respect to the items in the foregoing Landlord's Statement, any payment made in accordance with this Paragraph 7.4.1 shall be deemed made in protest to the extent of such exception.
Landlords Statements. (i) Landlord's failure to render Landlord's Statement of Taxes or Landlord's Statement of Operation and Maintenance (each a "Landlord's Statement"), with respect to any Operational Year or Tax Year, or Landlord's delay in rendering such Statement beyond a date specified herein, shall not prejudice Landlord's right to render a Landlord's Statement with respect to that or any subsequent Operational Year or Tax Year. The obligations of Landlord and Tenant under the provisions of Paragraph 4 with respect to any Additional Rent shall survive the expiration or any sooner termination of this Lease.
Landlords Statements. (A) Landlord's failure to render Landlord's Operating Statement with respect to any Escalation Year shall not prejudice Landlord's right to thereafter render a Landlord's Operating Statement with respect thereto or with respect to any subsequent Escalation Year unless such failure to render Landlord’s Operating Statement continues for more than two (2) years beyond the end of the applicable Escalation Year. Nothing herein contained shall restrict Landlord from issuing Landlord's Operating Statements at any time there is an increase in Operating Expenses during any Escalation Year or any time thereafter, provided, however, Tenant shall use reasonable efforts not to issue a Landlord’s Operating Statement more than two (2) times per calendar year.
Landlords Statements. 7 ARTICLE VIII...................................................................7
