Examples of Tenant’s Costs in a sentence
Thereafter, any additional amount of Tenant’s Costs accruing shall be payable, as additional rent, within five (5) business days after Tenant’s receipt of an accounting therefor.
Tenant shall bear any Tenant’s Costs (as defined below) and shall pay Landlord an amount equal to fifty percent (50%) of the estimated Tenant’s Costs upon Landlord’s demand; Tenant shall pay to Landlord the remaining portion of Tenant’s Costs upon Substantial Completion of the Work.
Failure by Tenant to pay Tenant’s Costs in accordance with this Section 4 will constitute a failure by Tenant to pay rent when due under the Lease and shall therefor constitute an Event of Default by Tenant under the Lease, and Landlord shall have all of the remedies available to it under the Lease and at law or in equity for nonpayment of rent.
The sums paid by Tenant as Tenant’s Costs shall be held by the Landlord and paid as required by the terms of the construction contract entered into the Landlord for the Landlord Work.
Failure by Tenant to pay Tenant’s Cost when due shall be deemed a Tenant Delay, and Landlord shall have no obligation to commence Landlord Work until Tenant’s Costs have been paid in full.