CAM Statement definition

CAM Statement means a statement in writing setting forth the amount payable by Tenant on account of Common Area Expenses.
View Source

Examples of CAM Statement in a sentence

  • In such case, Landlord shall provide such additional back-up to Landlord’s CAM Statement as may be reasonably necessary to provide proof of the payment in question.

  • If Tenant's pro rata share of Landlord's Common Area Costs for any calendar year exceeds the sum of the monthly installments of such costs paid by the Tenant during such calendar year, then Tenant shall pay the excess to Landlord within thirty (30) days after the CAM Statement is received by Tenant.

  • If the sum of Tenant's monthly installments of such costs paid during any calendar year exceeds Tenant's pro rata share of Landlord's Common Area Costs for such calendar year, then Landlord shall pay the excess to the Tenant at the time it delivers the CAM Statement to Tenant.

  • If such audit discloses that the CAM Statement has overstated Tenant's pro rata share of Landlord's Common Area Costs during a calendar year, then Landlord shall refund any overpayment made by Tenant for such calendar year and, in addition, if such overstatement (and resulting overpayment) for such calendar year is more than the greater of Five Thousand and 00/100 Dollars and two percent (2%), Landlord shall pay the costs of the Tenant's inspection or audit.

  • Within ninety (90) days of Tenant’s receipt of a Landlord’s CAM Statement, Tenant may question or contest any aspect of the Statement by providing written notice to Landlord specifying in reasonable detail the basis for such question or contest.

  • Within thirty(30)days after the delivery of such CAM Statement,Tenant shall pay to Landlord any deficiency between the amount shown as on Tenant's CAM Statement as the CAM Share of Common Area Maintenance Costs for such year and the estimated payments made by Tenant toward such amount in accordance herewith.

  • In the event Tenant shall have made excess estimated payments,the excess shall be applied against estimated payments of Common Area Maintenance Costs for the then-current calendar year,unless the Term shall have expired,in which event Landlord shall refund such excess to Tenant with the delivery of the CAM Statement.

  • If the actual amount of CAM is less than the total amount of CAM paid by ▇▇▇▇▇▇ during the given timeframe, then within thirty (30) days following the delivery of the Annual CAM Statement Landlord shall either reimburse the difference to Tenant or, at Landlord’s election, apply the difference to ▇▇▇▇▇▇’s next monthly payments of CAM.

Related to CAM Statement

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2006 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2006 interim statement of the insurance company.

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.