Common use of Payment as Additional Rent Clause in Contracts

Payment as Additional Rent. The Tenant shall, within fifteen (15) days after demand therefor by the Landlord (with respect to each calendar year during the Term), accompanied by a statement setting forth in reasonable detail the Annual Operating Costs for ____________________ /6// , which approval shall not be unreasonably withheld, conditioned or delayed /7// , reasonable wear and tear excepted such calendar year, pay to the Landlord as Additional Rent the amount of the Tenant's operating costs percentage of the Annual Operating Costs for such calendar year (as derived and allocated under the provisions of paragraph 2.2.3).