Common use of Statement of Actual Direct Expenses and Payment by Tenant Clause in Contracts

Statement of Actual Direct Expenses and Payment by Tenant. Landlord shall endeavor to give to Tenant on or before the first day of April following the end of each Expense Year, a statement (the "Statement") which shall state the Direct Expenses incurred or accrued for such preceding Expense Year, and which shall indicate the amount, if any, of any Excess. Upon receipt of the Statement for each Expense Year ending during the Lease Term, if an Excess is present, Tenant shall pay, with its next installment of Base Rent due, the full amount of the Excess for such Expense Year, less the amounts, if any, paid during such Expense Year as "Estimated Excess," as that term is defined in Section 4.3.3

Appears in 3 contracts

Samples: Office Lease (Ticketmaster), Office Lease (Tier Technologies Inc), Office Lease (Aames Financial Corp/De)

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Statement of Actual Direct Expenses and Payment by Tenant. Landlord shall endeavor to give to Tenant on or before the first day of April following Following the end of each Expense Year, but in any event not later than April 30 of each calendar year, Landlord shall give to Tenant a statement (the "Statement") which Statement shall state the actual Direct Expenses incurred or accrued for such preceding Expense Year, and which shall indicate the amount, if any, of any ExcessExcess or underage. Upon receipt of the Statement for each Expense Year ending during the Lease Term, if an Excess is present, Tenant shall pay, with its next installment of Base Rent dueRent, the full amount of the Excess for such Expense Year, less the amounts, if any, paid during such Expense Year as "Estimated Excess," as that term is defined in Section 4.3.3

Appears in 1 contract

Samples: Lease (Buy Com Inc)

Statement of Actual Direct Expenses and Payment by Tenant. Landlord shall endeavor to give to Tenant on or before the first day of April following Following the end of each Expense Year, Landlord shall give to Tenant a statement (the "Statement") which Statement shall state the actual Direct Expenses incurred or accrued for such preceding Expense Year, and which shall indicate the amount, if any, of any ExcessExcess or underage. Upon receipt of the Statement for each Expense Year ending during the Lease Term, if an Excess is present, Tenant shall pay, with its next installment within thirty (30) days following receipt of Base Rent duethe Statement, the full amount of the Excess for such Expense Year, less the amounts, if any, paid during such Expense Year as "Estimated Excess," as that term is defined in Section 4.3.3

Appears in 1 contract

Samples: Office Lease (Pacific Crest Capital Inc)

Statement of Actual Direct Expenses and Payment by Tenant. Landlord shall endeavor to give to Tenant Tenant, on or before the first day of April following the end of each Expense Year, a statement (the "Statement") which shall state the Direct Expenses incurred or accrued for such preceding Expense Year, and which shall indicate the amount, if any, of any Excess. Upon receipt of the Statement for each Expense Year ending during the Lease Term, if an Excess is present, Tenant shall pay, with its next installment of Base Rent due, the full amount of the Excess for such Expense Year, less the amounts, if any, paid during such Expense Year, less the amounts, if any, paid during such Expense Year as "Estimated Excess," as that term is defined in Section 4.3.3

Appears in 1 contract

Samples: Office Lease (U S Interactive Inc/Pa)

Statement of Actual Direct Expenses and Payment by Tenant. Landlord shall endeavor to give to Tenant on or before the first (1st) day of April May following the end of each Expense Year, a detailed statement (the "StatementSTATEMENT") which shall state the Direct Expenses incurred or accrued for such preceding Expense Year, Year and which shall indicate the amount, if any, of any ExcessTenant's Share thereof. Upon Within thirty (30) days after receipt of the Statement for each Expense Year ending during the Lease Term, if an Excess is present, Tenant shall pay, with its next installment of Base Rent due, the full amount pay to Landlord Tenant's Share of the Excess Direct Expenses for such Expense Year, less the amounts, if any, paid by Tenant during such Expense Year as Tenant's Share of "Estimated ExcessExpenses," as that term is defined in Section 4.3.3

Appears in 1 contract

Samples: Nondisturbance and Attornment Agreement (Websense Inc)

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Statement of Actual Direct Expenses and Payment by Tenant. Landlord shall endeavor to give to Tenant Tenant, on or before the first day of April following the end of each Expense Year, a statement (the "Statement") which shall state the Direct Expenses incurred or accrued for such preceding Expense Year, and which shall indicate the amount, if any, of any Excess. Upon receipt of the Statement for each Expense Year ending during the Lease Term, if an Excess is present, Tenant shall pay, with its next installment of Base Rent due, the full amount of the Excess for such Expense Year, less the amounts, if any, paid during such Expense Year as "Estimated Excess," as that term is defined in Section 4.3.3as

Appears in 1 contract

Samples: Magnetek Inc

Statement of Actual Direct Expenses and Payment by Tenant. Landlord shall endeavor to give to Tenant on or before the first day of April following Following the end of each Expense Year, Landlord shall give to Tenant a statement (the "Statement") ), which shall state the Direct Expenses incurred or accrued for such preceding Expense Year, and which shall indicate the amount, if any, of any Excess. Upon receipt of the Statement for each Expense Year ending during the Lease Term, if an Excess is present, Tenant shall pay, with its next installment of Base Rent due, but in no event later than thirty (30) days after receipt of such Statement, the full amount of the Excess for such Expense Year, less the amounts, if any, paid during such Expense Year as "Estimated Excess," as that term is defined in Section 4.3.3

Appears in 1 contract

Samples: Office Lease (Styleclick Inc)

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