Subsequent Estimates Sample Clauses

Subsequent Estimates. If Tenant is notified of any such estimate after the Commencement Date (in the case of the first Adjustment Year) or after January 1st of any subsequent Adjustment Year, or if, at any time during any Adjustment Year, Landlord notifies Tenant that it has determined that the Taxes for such Adjustment Year will be more or less than previously estimated, upon submission to Tenant of an adjusted estimate or the determined amount, the monthly installments of Additional Rent to be paid during such year for Taxes shall be adjusted upward or downward, as the case may be, and such adjustment shall be made retroactive to the beginning of the then current Adjustment Year. In this latter regard, Tenant shall pay to Landlord any amount necessary to reflect any such increase for the current and past months, or Landlord shall pay to Tenant or credit against the next monthly installment(s) of Additional Rent any amount necessary to reflect such decrease for the current and past months. After receipt of the final Tax bills for any year, Landlord shall furnish a copy of the bills to Tenant, together with a computation of the shortfall (if any) between the total Taxes payable per the bills and the estimated payments made by Tenant on account thereof; and Tenant shall pay to Landlord the shortfall (if any) within twenty (20) days thereafter.