Common use of Charges Payable Clause in Contracts

Charges Payable. The Tenant covenants to pay to the Landlord the Tenant’s Proportionate Share of the amount of the Operating Costs in each Fiscal Period;

Charges Payable. The Tenant covenants to pay to the Landlord the Tenant’s Proportionate Share of the amount of the Operating Costs in each Fiscal PeriodPeriod (Landlord shall maintain its books and records regarding Operating Costs calculated according to GAAP);