Prox 15 definition

Prox 15 in this Lease means for invoices from Landlord to Tenant dated from the 1st to the 31st of the current month, payment by Tenant is due on the fifteenth day of the following month.

Examples of Prox 15 in a sentence

  • Such service shall be separately metered to the Demised Premises and Tenant shall pay for such service on a Prox 15 basis.

  • Basic Rent shall be paid in equal monthly instalments in arrears without any deduction or set-off on a Prox 15 basis, with the first payment of Basic Rent due on June 15, 2000.

  • Payment for such service will be made to Landlord on a Prox 15 basis.

  • Therefore, Landlord shall supply electricity to the Demised Premises in a manner comparable to which such service was provided to the Demised Premises immediately prior to the Commencement Date, such service shall be separately metered to the Demised Premises and Tenant shall pay for such service on a Prox 15 basis.

  • Tenant shall pay Landlord an amount equal to 1/12th of Common Areas Charge per month on a Prox 15 basis.

  • The payment by Tenant to Landlord for such services shall be on a Prox 15 basis and the payment pursuant to this Section 6(i) is herein referred to as one of the components of the “Services Rent”.

Related to Prox 15

  • Proxy Statement has the meaning set forth in Section 6.03(a).

  • Joint Proxy Statement has the meaning set forth in Section 6.02.

  • Air-purifying respirator means a respirator with an air-purifying filter, cartridge, or canister that removes specific air contaminants by passing ambient air through the air-purifying element.

  • Diocesan Schools Commission means the education service provided by the diocese, which may also be known, or referred to, as the Diocesan Education Service.

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