Common use of Estimated Payments Clause in Contracts

Estimated Payments. Landlord shall submit to Tenant, before the beginning of each calendar year, a statement of Landlord's estimate of the Operating Expenses payable by Tenant during such calendar year. In addition to the Base Rent, Tenant shall pay to Landlord on or before the first day of each month during such calendar year an amount equal to one-twelfth (1/12) of the estimated Operating Expenses payable by Tenant for such calendar year as set forth in Landlord's statement. If Landlord fails to give Tenant notice of its estimated payments due under this Article for any calendar year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous calendar year until a new estimate is provided by Landlord. If Landlord determines that, because of unexpected increases in Operating Expenses or other reasons, Landlord's estimate of the Operating Expenses was too low, then Landlord shall have the right to give a new statement of the estimated Operating Expenses due from Tenant for such calendar year or the balance thereof and to bill Tenant for any deficiency xxxch may have accrued during such calendar year, and Tenant shall thereafter pay monthly estimated payments based on such new statement.

Estimated Payments. Landlord shall submit to Tenant, before the beginning of each calendar yearCalendar Year, a statement of Landlord's estimate of the Operating Expenses payable by Tenant during such calendar yearCalendar Year. In addition to the Base Rent, Tenant shall pay to Landlord on or before the first day of each month during such calendar year Calendar Year an amount equal to one-twelfth (1/12) of the estimated Operating Expenses payable by Tenant for such calendar year Calendar Year as set forth in Landlord's statement. If Landlord fails to give Tenant notice of its estimated payments due under this Article Section for any calendar yearCalendar Year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous calendar year Calendar Year until a new estimate is provided by Landlord. If Landlord determines that, because of unexpected increases in Operating Expenses or other reasons, Landlord's estimate of the Operating Expenses was too low, then Landlord shall have the right to give a new statement of the estimated Operating Expenses due from Tenant for such calendar year Calendar Year or the balance thereof and to bill Tenant for any deficiency xxxch may have accrued during such calendar year, and Tenant shall thereafter pay monthly estimated payments based on such new statement.

Estimated Payments. Landlord shall submit to Tenant, before the beginning of each calendar yearCalendar Year, a statement of Landlord's estimate of the Operating Expenses Taxes payable by Tenant during such calendar yearCalendar Year. In addition to the Base Rent, Tenant shall pay to Landlord Escrow Agent on or before the first day of each month during such calendar year Calendar Year an amount equal to one-twelfth (1/12) of the estimated Operating Expenses Taxes payable by Tenant for such calendar year Calendar Year as set forth in Landlord's statement. If Landlord fails to give Tenant notice of its estimated payments due under this Article Section for any calendar yearCalendar Year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous calendar year Calendar Year until a new estimate is provided by Landlordprovided. If Landlord determines that, because of unexpected increases in Operating Expenses Taxes or other reasons, Landlord's estimate of the Operating Expenses Taxes was too low, then Landlord shall have the right to give a new statement of the estimated Operating Expenses due from Taxes to Tenant for such calendar year Calendar Year or the balance thereof and to bill Tenant for any deficiency xxxch which may have accrued during such calendar yearCalxxxxr Year, and Tenant shall thereafter pay monthly estimated payments based on such new statement.

Estimated Payments. Landlord shall submit to Tenant, before the beginning of each calendar yearCalendar Year, a statement of Landlord's estimate of the Operating Expenses payable by Tenant during such calendar yearCalendar Year. In addition to the Base Rent, Tenant shall pay to Landlord on or before the first day of each month during such calendar year Calendar Year an amount equal to one-twelfth (1/12) of the estimated Operating operating Expenses payable by Tenant for such calendar year Calendar Year as set forth in Landlord's statement. If Landlord fails to give Tenant notice of its estimated payments due under this Article Section for any calendar yearCalendar Year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous calendar year Calendar Year until a new estimate is provided by Landlordprovided. If Landlord determines that, because of unexpected increases in Operating Expenses or other reasons, Landlord's estimate of the Operating Expenses was too low, then Landlord shall have the right to give a new statement of the estimated Operating Expenses due from Tenant for such calendar year Calendar Year or the balance thereof and to bill Tenant Xxxant for any deficiency xxxch which may have accrued during such calendar yearCalendar Year, and Tenant shall thereafter pay monthly estimated payments based on such new statement.

Estimated Payments. Landlord shall submit to Tenant, before the beginning of each calendar yearCalendar Year or as soon thereafter as possible, a statement of Landlord's estimate of the prorated and reasonable Operating Expenses payable by Tenant during such calendar yearCalendar Year. In addition to the Base Basic Rent, Tenant shall pay to Landlord on or before the first day of each month during such calendar year an amount equal to one-twelfth (1/12) the properly prorated share of the estimated Operating Expenses operating expenses payable by Tenant for such calendar year Calendar Year as set forth in Landlord's statement. If Landlord fails to give Tenant notice of its estimated payments due under this Article Section for any calendar yearCalendar Year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous calendar year Calendar Year until a new estimate is provided by Landlordprovided. If the Landlord determines that, because of unexpected increases in Operating Expenses or other reasons, Landlord's estimate of the Operating Expenses was too low, then Landlord shall have the right to give a new statement of the estimated Operating Expenses due from Tenant for such calendar year Calendar Year or the balance thereof and to bill Tenant Xxxant for any deficiency xxxch which may have accrued during such calendar yearCalendar Year, and Tenant shall thereafter pay monthly estimated payments based on such new statement.

Estimated Payments. Landlord shall submit to Tenant, before the beginning of each calendar yearCalendar Year, a statement of Landlord's estimate of the Operating Common Area Expenses payable by Tenant during such calendar yearCalendar Year. In addition to the Base Rent, Tenant shall pay to Landlord on or before the first day of each month during such calendar year Calendar Year an amount equal to one-twelfth (1/12) of the estimated Operating Common Area Expenses payable by Tenant for such calendar year Calendar Year as set forth in Landlord's statement. If Landlord fails to give Tenant notice of its estimated payments due under this Article Section for any calendar yearCalendar Year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous calendar year Calendar Year until a new estimate is provided by Landlordprovided. If Landlord determines that, because of unexpected increases in Operating Common Area Expenses or other reasons, Landlord's estimate of the Operating Common Area Expenses was too low, then Landlord shall have the right to give a new statement of the estimated Operating Common Area Expenses due from Tenant for such calendar year Calendar Year or the balance thereof and to bill Tenant Xxxant for any deficiency xxxch which may have accrued during such calendar yearCalendar Year, and Tenant shall thereafter pay monthly estimated payments based on such new statement.

Estimated Payments. Commencing on January 1, 2001, Landlord shall submit to Tenant, before the beginning of each calendar year, a statement of Landlord's estimate of the Operating Expenses payable by Tenant during such calendar year. In addition to the Base Rent, Tenant shall pay to Landlord on or before the first day of each month during such calendar year an amount equal to one-twelfth (1/12) of the estimated Operating Expenses payable by Tenant for such calendar year as set forth in Landlord's statement. If Landlord fails to give Tenant notice of its estimated payments due under this Article for any calendar year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous calendar year until a new estimate is provided by Landlord. If Landlord determines that, because of unexpected increases in Operating Expenses or other reasons, Landlord's estimate of the Operating Expenses was too low, then Landlord shall have the right to give a new statement of the estimated Operating Expenses due from Tenant for such calendar year or the balance thereof and to bill Tenant for any deficiency xxxch may have accrued during such calendar year, and Tenant shall thereafter pay monthly estimated payments based on such new statement.balance

Estimated Payments. Landlord shall submit to Tenant, before the beginning of each calendar yearCalendar Year, a statement of Landlord's estimate of the Operating Expenses payable by Tenant during such calendar yearCalendar Year. In addition to the Base Rent, Tenant shall pay to Landlord on or before the first day of each month during such calendar year Calendar Year an amount equal to one-twelfth (1/12) of the estimated Operating Expenses payable by Tenant for such calendar year Calendar Year as set forth in Landlord's statement. If Landlord fails to give Tenant notice of its estimated payments due under this Article Section for any calendar yearCalendar Year, then Tenant shall continue making monthly estimated payments in accordance with the estimate for the previous calendar year Calendar Year until a new estimate is provided by Landlordprovided. If Landlord determines that, because of unexpected increases in Operating Expenses or other reasons, Landlord's estimate of the Operating Expenses Expense was too low, then Landlord shall have the right to give a new statement of the estimated Operating Expenses due from Tenant for such calendar year Calendar Year or the balance thereof and to bill xxxx Tenant for any deficiency xxxch which may have accrued during such calendar yearCalendar Year, and Tenant shall thereafter pay monthly estimated payments based on such new statement.