Escalation Statement definition

Escalation Statement means a statement setting forth the amount payable by Tenant for a specified Tax Year or Operating Year (as the case may be) pursuant to this Article 3.

Escalation Statement means a statement by Landlord, setting forth the amount payable by Tenant or by Landlord, as the case may be, for a specified calendar year pursuant to this Article 4.

Escalation Statement means statement in writing signed by landlord, setting forth the amount payable by Tenant for a specified Tax Year or Operation Year (as the case may be) pursuant to this Article.

Examples of Escalation Statement in a sentence

• Landlord’s failure to submit statements to Tenant stating the amount of Fixed Monthly Rent or Additional Rent then due, including Landlord’s failure to provide to Tenant a calculation of the adjustment as required in Section 3.3 or the Escalation Statement referred to in Article 4, shall not constitute Landlord’s waiver of Tenant’s requirement to pay the Rent called for herein.

• Landlord's failure to submit statements to Tenant stating the amount of Fixed Monthly Rent or Additional Rent then due, including Landlord's failure to provide to Tenant a calculation of the adjustment as required in Section 3.3 or the Escalation Statement referred to in Article 4, shall not constitute Landlord's waiver of Tenant's requirement to pay the Rent called for herein.

• Landlord's failure to render an Escalation Statement with respect to any comparative year shall not prejudice Landlord's right to thereafter render an Escalation Statement with respect thereto or with respect to any subsequent comparative year.

• Tenant shall commence payment to Landlord of the Estimated Escalation Increase for the then current Comparison Year, beginning on the first (1st) day of the month following the month in which Tenant receives the applicable Escalation Statement.

• Until Tenant receives the Escalation Statement, Tenant’s Estimated Escalation Increases for the new Comparison Year shall continue to be paid at the rate being paid for the particular Comparison Year just completed.

More Definitions of Escalation Statement

Escalation Statement means a statement in writing from Landlord, setting forth the amount payable by Tenant for a specified Tax Year or Operating Year, as the case may be, pursuant to this Article 26, which statement shall include in reasonable detail the computation of any additional rent payable pursuant to this Article. Landlord shall furnish Tenant with a copy of the current xxxx for the current Tax Year within ten (10) business days after tenant’s request in writing for such tax xxxx.

Escalation Statement means statement in writing signed by Landlord, setting forth the amount payable by Tenant for a specified Tax Year pursuant to this Article.

Escalation Statement means a final statement setting forth the amount payable by the Tenant or the Landlord, as the case may be, for a specified Computation Year pursuant to this Article.

Escalation Statement means a statement setting forth the amount payable by the Tenant in respect of the Cost of Operation and Maintenance for a specified Computation Year. Escalation Statements shall be substantially in the form of Exhibit I attached hereto.

Escalation Statement means a statement in writing from Landlord, setting forth the amount payable by Tenant for a specified Tax Year or Operating Year, as the case may be, pursuant to this Article 26, which statement shall include in reasonable detail the computation of any additional rent payable pursuant to this Article. Landlord shall furnish Tenant with a copy of the current bill for the current Tax Year within ten (10) business days after tenant’s request in writing for such tax bill.

Escalation Statement means a statement setting forth the amount payable by Tenant for a specified Lease Year pursuant to this Article, including a reasonably detailed statement of Real Estate Taxes for such Lease Year and Operating Costs for such Lease Year in form reasonably acceptable to Tenant.

Escalation Statement means a statement setting forth in reasonable detail (i.e., with line item categories of Expenses customarily used in similar escalation-type statements by owners of office buildings comparable to the Building) the base amount, the current amount and the amount payable by Tenant for a specified Tax Year or Operating Year (as the case may be) pursuant to this Article 3.