Monthly Estimate Sample Clauses

The Monthly Estimate clause requires one party, typically a contractor or service provider, to submit a regular, itemized statement of work performed or goods delivered within a given month. This estimate usually details the progress made, materials used, and the corresponding costs incurred during that period, serving as the basis for interim payments. By establishing a clear and recurring reporting process, the clause ensures transparency in billing and helps both parties track project progress and manage cash flow effectively.
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Monthly Estimate. Tenant’s proportionate share of the amount determined by Landlord and payable by Tenant as the estimated increase in Operating Expenses for the ensuing calendar year over the Operating Expense Base Amount, which amount is payable in twelve (12) equal monthly installments.
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Monthly Estimate. On or before the last day of each December during the Term of the Lease or any extended period thereof, Landlord shall deliver to Tenant a written statement showing in reasonable detail Landlord's projected Direct Costs for the ensuing calendar year. During the ensuing calendar year, Tenant shall pay Tenant's Proportionate Share of estimated Direct Costs in advance in equal monthly installments pursuant to the same provisions as Monthly Installments of Base Rent. If during the course of any calendar year Landlord determines that actual Direct Costs will vary from its estimate by more than five percent (5%), Landlord may deliver to Tenant a written statement showing Landlord's revised estimate of Direct Costs; whereupon payments of Tenant's Proportionate Share of estimated Direct Costs shall be adjusted and thereafter paid on the basis of Landlord's revised estimate. Neither Landlord's failure to deliver nor late delivery of such statement shall constitute a default by Landlord or a waiver of Landlord's right to any Rent adjustment provided for herein.
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Monthly Estimate. Tenant shall pay Landlord the estimated monthly amount of Tenant’s Share of the Operating Expenses as mutually agreed upon by Landlord and Tenant, which approval shall not be unreasonably withheld. Within ninety (90) days after the Expiration Date of this Lease, Landlord shall furnish to Tenant a statement in reasonable detail of the actual Operating Expenses for the Lease Term (all Operating Expenses paid during the Lease Term but attributable to periods outside of the Lease Term being prorated based on the total number of days covered by the expense as compared to the number of days of the Lease Term covered by the expense). If the actual Operating Expenses are not equal to the estimated operating Expenses paid by Tenant, the difference shall be paid to or by Landlord, as the case may require. Any payment required of Landlord shall be delivered to Tenant with delivery of Landlord’s statement and any payment required of Tenant shall be delivered to Landlord within fifteen (15) days after Tenant’s receipt of Landlord’s statement, to the end that Landlord shall receive the entire amount of the actual Operating Expenses for the Lease Term, and no more. Notwithstanding the foregoing, prior to consolidation by Tenant into the Consolidated Premises, Tenant shall separately pay for the cost of all utilities consumed at the Property.
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Monthly Estimate. On or before the last day of each ---------------- December during the Term of the Lease or any extended period thereof, Landlord shall deliver to Tenant a written statement showing in reasonable detail Landlord's projected Direct Costs for the ensuing calendar year. During the ensuing calendar year, Tenant shall pay Tenant's Proportionate Share of estimated Direct Costs in advance in equal monthly installments pursuant to the same provisions as Monthly Installments of Base Rent. If during the course of the calendar year Landlord determines that actual Direct Costs will vary from its estimate by more then five percent (5%), Landlord may deliver to Tenant a written statement showing Landlord's revised estimate of Direct Costs; whereupon payments of Tenant's Proportionate Share of estimated Direct Costs shall be adjusted and thereafter paid on the basis of Landlord's revised estimate.
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Monthly Estimate. For planning purposes only, before the first business day of each calendar quarter, MEMC shall deliver to PCS the estimated quantities of STF that MEMC anticipates that it will purchase from PCS for the next twelve (12) months. MEMC will endeavor to purchase and PCS will endeavor to supply STF in approximately equal monthly volumes.
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Monthly Estimate. On or before the last day of each December during the Term of the Lease or any extended period thereof, Landlord shall deliver to Tenant a written statement showing in reasonable detail Landlord’s projected Direct Costs for the ensuing calendar year. Any Direct Costs that are not separately metered or allocated separately as between the office and retail portion of the Complex shall be allocated and apportioned equitably, in good faith, by Landlord. Tenant acknowledges and agrees that any such good faith allocation or apportionment by Landlord shall be binding and conclusive. During the ensuing calendar year, Tenant shall pay Tenant’s Proportionate Share of estimated Direct Costs in advance in equal monthly installments pursuant to the same provisions as Monthly Installments of Base Rent. If during the course of the calendar year Landlord determines that actual Direct Costs will vary from its estimate by more than five percent (5%), Landlord may deliver to Tenant a written statement showing Landlord’s revised estimate of Direct Costs; whereupon payments of Tenant’s Direct Costs shall be adjusted and thereafter paid on the basis of Landlord’s revised estimate.
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Monthly Estimate. Tenant's Share of the amount determined by Landlord and payable by Tenant as the estimated increase in Operating Expenses for the ensuing Lease Year over the Operating Expenses for the Base Year which amount is payable in advance in twelve (12) monthly installments as provided in Sections 3.03 B (i) and (ii) below.
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Related to Monthly Estimate

  • Cost Estimate The cost estimate shall set out the estimated costs for the proposed Change Order in such a way that a fair evaluation can be made. It shall include a breakdown for labor, materials, equipment and markups for overhead and profit, unless TxDOT agrees otherwise. If the work is to be performed by Subcontractors and if the work is sufficiently defined to obtain Subcontractor quotes, DB Contractor shall obtain quotes (with breakdowns showing cost of labor, materials, equipment and markups for overhead and profit) on the Subcontractor’s stationery and shall include such quotes as back-up for DB Contractor’s estimate. No markup shall be allowed in excess of the amounts allowed under Section 10.6. DB Contractor shall identify all conditions with respect to prices or other aspects of the cost estimate, such as pricing contingent on firm orders being made by a certain date or the occurrence or non-occurrence of an event.

  • Pre-Estimate The parties agree that if Market Quotation applies an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks and except as otherwise provided in this Agreement neither party will be entitled to recover any additional damages as a consequence of such losses.

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds the CITY’s stated construction budget by ten percent (10%) or more, CONSULTANT shall make recommendations to CITY for aligning the Project design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • Estimated Costs The proposed GMP Change Order shall include separately identified dollar amounts, stated as fixed sums, for Actual Costs as estimated by the Design-Builder for the complete construction of the Project, which amount shall include the all Trade Contract and Subcontract Sums, costs of materials, and any Component Change Order Sums;

  • Estimated Cost Estimated costs by construction phases for Specified Roads listed in A7 are stated by segments in the Schedule of Items. Such estimated costs are subject to adjustment under B3.3, B5.2, B5.21, B5.212, B5.25, and B5.26. Appropriately adjusted costs shall be made a part of a revised Schedule of Items and shown as adjustments to Timber Sale Account. The revised Schedule of Items shall supersede any prior Schedule of Items when it is dated and signed by Contracting Officer and a copy is furnished to Purchaser.