Landlord’s Statement definition

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.

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Landlord’s Statement. An instrument containing a computation of any Additional Rent due pursuant to the provisions of this Article 5.

Landlord’s Statement means an instrument or instruments containing a comparison of either (i) the Base Taxes and the Taxes payable for any Comparison Year, or (ii) the Base Labor Rates and the Labor Rates applicable to any Comparison Year.

Examples of Landlord’s Statement in a sentence

In the event of a termination of this Lease, any Additional Rent on account of Tenant’s Operating Payment shall be paid or adjusted within thirty (30) days after submission of a Landlord’s Statement.
A copy of the relevant Tax Bill or Supporting Documentation shall accompany each Tax Statement (if Landlord shall have received such Tax Bill or Supporting Documentation at the time such Landlord’s Statement in respect of Taxes is delivered to Tenant).
If Landlord does not so issue any such Landlord’s Statement within ten (10) Operating Days after L▇▇▇▇▇▇▇’s receipt of such second (2nd) notice, Tenant shall be released and relieved of the obligation to pay any amounts that would have been payable by Tenant in respect of the payment period for which said two (2) year period has expired.
Landlord shall render a Landlord’s Statement with respect to Operating Expenses as soon as reasonably practicable following the Expiration Date, but in no event later than twelve (12) months following the expiration of the Operating Year in which the Expiration Date occurs.

More Definitions of Landlord’s Statement

Landlord’s Statement means either a Landlord’s Operating Statement or a Landlord’s Tax Statement.

Landlord’s Statement means an instrument containing a computation of Additional Rent due pursuant to the provisions of this Article 7 furnished by Landlord to Tenant.

Landlord’s Statement means an instrument containing a computation of any Additional Rent due pursuant to the provisions of this Article 5.

Landlord’s Statement means an instrument setting forth the Operating Payment payable by Tenant for a specified Operating Year.

Landlord’s Statement means an instrument or instruments containing a comparison of the Base Tax Factor and the Tax Factor for any Tax Year.

Landlord’s Statement means an instrument or instruments containing a comparison of the Base Expense Factor and the Expense Factor for any Computation Year.

Landlord’s Statement means an instrument or instruments setting forth the Operating Payment (hereinafter defined) payable by Tenant for a specified Operating Year pursuant to this Article 3.