SUBTENANT'S SHARE OF EXPENSES AND TAXES Sample Clauses

SUBTENANT'S SHARE OF EXPENSES AND TAXES. Subtenant shall pay, in advance on the first day of each calendar month, together with Tenant's payment of monthly Rent, Twenty-five and eight tenths percent (25.8%) of Expenses and Taxes ("Subtenant's Allocable Share of Expenses and Taxes"), as the terms "Expenses" and "Taxes" are defined and due under the Master Lease, allocable to the Building. For the first twelve calendar months of the term, Tenant's Allocable Share of Taxes and Expenses is estimated to be Nineteen Thousand Three Hundred Eighty-nine and 53/100 Dollars ($19,389.53) per month. Sublandlord may adjust the amount of Subtenant's Allocable Share of Expenses and Taxes at any time the amount of Expenses and Taxes being charged to Sublandlord under the Master Lease is adjusted in accordance with the terms thereof. Promptly following reconciliation of the amounts charged to Sublandlord under Sections 3(c)(2) and 3(c)(3) of the Master Lease, the amounts charged to Subtenant pursuant to this Section 3(a) shall be reconciled in accordance with the provisions of Sections 3(c)(2) and 3(c)(3) of the Master Lease, which are incorporated herein by Section 6, below.