Landlord Statement definition

Landlord Statement shall have the meaning set forth in Section 1.4 of Exhibit B.
Landlord Statement. The above referenced individual is my tenant. At this time my tenant owes rental arrears in the amount of $ and other charges in the amount of $ and has been informed that if this back rent is not paid eviction proceedings may begin. I agree to accept the emergency funds in the amount of $ from the program as full satisfaction of the tenant's arrears and fees for the applicable period covered by this agreement and set forth in the chart below. I understand I am also agreeing to forgive all other outstanding late fees, attorney fees, or other punitive fees currently owed by the tenant for this applicable period. If the payment from this agreement does not satisfy the full amount of rent arrears and/or other charges owed by the tenant as agreed to in the tenant’s lease or other agreement, which do not qualify for payment by the program, I agree to the payment plan outlined below for the full amount still outstanding. I also agree to continue to assist the tenant in applying for other sources of rent arrears funding. If I have a current holdover or nonpayment summary proceeding pending against tenant in court, by accepting these funds I agree to make the court aware of my receipt of funds from the program and withdraw or dismiss that proceeding with prejudice and waive any and all claims raised in that proceeding.

Examples of Landlord Statement in a sentence

  • If Sub-Subtenant continues to object to the Landlord Statement following completion of the audit, at least twelve (12) days prior to the date that Sub-Sublandlord must object to the Landlord’s statement under Section 4.3 of the Master Lease, Sub-Subtenant shall notify Sub-Sublandlord that it wishes for Sub-Sublandlord to object to the Landlord Statement, specifying the nature of the items in dispute, and promptly upon receipt of such notice Sub-Sublandlord shall make such objection.

  • Promptly upon receipt of such notice, Sub-Sublandlord shall notify Chinook that Sub-Sublandlord desires to examine Master ▇▇▇▇▇▇▇▇’s books and records as to the Landlord Statement (as defined in the Master Lease) in question and shall arrange to have Sub-Subtenant’s Accountant conduct the examination.

  • The Tenant shall pay to Landlord as Additional Rent for the Excess Costs of the amount specified in each Landlord Statement on the date Tenant gives authorization to the Landlord to proceed with construction.

  • No delay in providing the Landlord Statement shall act as a waiver of Landlord’s right to increase in payment pursuant to the Tax and Operating Expense Adjustment.

  • A copy of the Landlord Statement for the Sublease Base Year expenses shall be provided to Subtenant.

  • Within ten (10) days following substantial completion of the Improvements, Landlord will provide Tenant a statement ("Landlord Statement") setting forth the amount of the Tenant Improvement Allowance used to build out the Improvements.

  • Upon at least ten (10) business days’ notice, Landlord shall make available for examination or copying by the person or persons conducting such audit all books and records relevant to the Operating Expenses and Taxes covered by the Landlord Statement in question either at the Building or at Landlord’s principal place of business in Chicago, Illinois, as selected by Landlord.

  • A copy of the Landlord Statement for the Expansion Sublease Base Year expenses shall be provided to Subtenant.

  • Promptly upon receipt of such notice, Sublandlord shall notify Master Landlord that Sublandlord desires to examine Master Landlord’s books and records as to the Landlord Statement (as defined in the Master Lease) in question and shall arrange to have Subtenant’s Accountant conduct the examination.

  • Tenant shall have the right, for a period of one (1) year following its receipt of a Landlord Statement and final reconciliation thereof, to audit Landlord’s books and records relating to any Additional Rent charges set forth on the applicable Landlord Statement, by a certified public accounting firm, at Tenant’s sole cost, in accordance with the terms of this Section, upon reasonable advance written notice to Landlord.

Related to Landlord Statement

  • Landlord’s Statement means an instrument or instruments containing a comparison of any increase or decrease in the Rent for the preceding Comparison Year pursuant to the provisions of this Article 28.

  • Landlord Delay means a delay in the construction of the Tenant Improvements or Compliance Work resulting directly from the acts or omissions of Landlord, Landlord’s employees, agents, or contractors including, but not limited to (i) failure of Landlord to timely approve or disapprove any plans; (ii) interference by Landlord, its employees, agents or contractors with the completion of the Tenant Improvements or Compliance Work (including the impairment of Tenant’s contractors’ or vendors’ or employees’ access to the Premises for any reason (including due to the presence of Landlord’s contractors, vendors or personnel), failure to provide reasonable access to the Building’s loading docks or other facilities necessary for the construction of the Tenant Improvements or Compliance Work and/or the movement of materials and personnel to the Premises for such purpose) and (iii) delays due to the acts or failures to act of Landlord, its agents or contractors with respect to payment of the Tenant Improvement Allowance. If Tenant contends that a Force Majeure Construction Delay or a Landlord Delay has occurred, Tenant acknowledges and agrees that it has inspected the Building and the Site and in no event shall the physical character or condition of the Building and/or Site existing as of the Effective Date constitute a basis for a Landlord Delay (this agreement does not apply to the failure of any Building component to properly operate). Further, in no event shall any delay of Landlord constitute a Landlord Delay unless such delay results in a full day of delay in the construction of the Tenant Improvements or Compliance Work. Tenant shall notify Landlord in writing (the “Delay Notice”) of the event which constitutes such Force Majeure Construction Delay or Landlord Delay; such notice may be via electronic mail to Landlord’s construction representative described above. Tenant will additionally use reasonable efforts to mitigate the effects of any Force Majeure Construction Delay or Landlord Delay through the re-sequencing or re-scheduling of work, if feasible, but this sentence will not be deemed to require Tenant to incur overtime or after-hours costs unless Landlord agrees in writing to bear such costs. If the actions or inactions or circumstances described in the Delay Notice constitute a Landlord Delay, and are not cured by Landlord within one (1) business day after Landlord’s receipt of the Delay Notice, then a Landlord Delay shall be deemed to have occurred commencing as of the expiration of such one (l)-business day period. The Lease Commencement Date and the Lease Expiration Date will each be delayed on a day for day basis for each day of Force Majeure Construction Delay or Landlord Delay.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Landlord Agreement means an agreement substantially in the form provided by Lenders to Borrower or such other form as Lenders may agree to accept.

  • Landlord Lien State means any state, province or territory in which a landlord’s claim for rent has priority by operation of applicable Requirement of Law over the Lien of the Agent in any of the Collateral.