Tenant’s Monthly Statements Sample Clauses

Tenant’s Monthly Statements. Landlord and/or such independent certified public accountant as Landlord may designate shall have reasonable access, including online read only access, to inspect and examine the books and records of Tenant that relate to or have any bearing upon the Percentage Rent for the purpose of verifying the information in each Monthly Statement. The payment of any monthly Rent under this Article without such examination and inspection shall not be deemed a waiver of any error revealed by such examination and inspection for the preceding month for which payment shall have been made; provided, however, each Monthly Statement given by Tenant to Landlord pursuant to this Article shall be conclusive and binding upon Landlord unless within one hundred eighty (180) days after receipt of the Monthly Statement Landlord shall notify Tenant that it disputes the correctness of the statement, specifying the particular respects in which it is claimed to be incorrect. Pending resolution of the dispute, Tenant shall pay the Percentage Rent in accordance with the statement but such payment shall be without prejudice to Landlord’s position. Any such dispute investigations shall be conducted (i) at Landlord’s sole cost and expense, (ii) at the place Tenant normally maintains such records, (ii) during Tenant’s normal business hours, and (iii) only after Landlord has given Tenant at least seven (7) days advance written notice. Landlord shall deliver to Tenant a copy of the results of such dispute within fifteen (15) days after its receipt by Landlord. No dispute investigation shall be conducted at any time that Landlord is in default, beyond any applicable cure period, of any of the provisions of this Lease. (a) If the dispute investigation is determined in Landlord’s favor, Tenant shall pay to Landlord any under payment of Percentage Rent; provided, however, if such underpayment is less than the amount actually due by more than five percent (5%), Tenant shall (i) pay all of Landlord’s reasonable and necessary third party costs and expenses associated with any audit and the dispute, and (ii) also pay interest to Landlord on the amount by which such underpayment is less than the actual amount due at the prime rate as published by the Wall Street Journal for commercial loans (or a successor publication selected by Tenant if such is no longer published). If resolution of the dispute indicates that Tenant overpaid, Landlord shall pay Tenant the amount of such overpayment within thirty (30)...
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Related to Tenant’s Monthly Statements

  • Monthly Statements Each month we will send you a statement showing purchases, cash advances, payments, and credits made to your Account during the billing cycle, as well as your “New Balance”, any Finance Charge and any late charges. Your statement also will identify the minimum monthly payment you must make for that billing period and the date it is due. You agree to retain for statement verification copies of transaction slips resulting from each purchase, each advance, and other transactions on your Account. Unless you notify us of a billing error in accordance with the section entitled “Your Billing Rights”, you accept your monthly statement as an accurate statement of your Account with us.

  • Monthly Statement The Contractor shall submit a statement to the Engineer at the end of each month, in a tabulated form approved by the Engineer, showing the amounts to which the Contractor considers himself to be entitled. The statement shall include the following items, as applicable; - the value of the Permanent Work executed up to the end of previous month - such an amount (not exceeding 75 percent of the value) as the Engineer may consider proper on account of materials for permanent work delivered by the Contractor in the site - such amount as the Engineer may consider fair and reasonable for any Temporary Works for which separate amounts are provided in the Bill of Quantities - adjustments under Clause 70 - any amount to be withheld under retention provisions of Sub-clause 60.3 - any other sum to which the Contractor may be entitled under the Contract If the Engineer disagrees with or cannot verify any part of the statement, the Contractor shall submit such further information as the Engineer may reasonably require and shall make such changes and corrections in the statement as may be directed by the Engineer. In cases where there is difference in opinion as to the value of any item, the Engineer’s view shall prevail.

  • Quarterly Statements As soon as available and in any event within sixty (60) days after the end of each of the first three quarters of each fiscal year of Borrower, an unaudited consolidated balance sheet of Borrower and its consolidated Subsidiaries, as of the end of such quarter and the related unaudited consolidated statements of operations for such quarter and for the portion of Borrower’s fiscal year ended at the end of such quarter;

  • Monthly Billing Statements The Engineer shall request reimbursement of costs incurred by submitting the original and one copy of an itemized billing statement in a form acceptable to the State. The Engineer is authorized to submit requests for reimbursement no more frequently than monthly and no later than ninety (90) days after costs are incurred.

  • TENANT’S FINANCIAL STATEMENTS The application, financial statements and tax returns, if any, submitted and certified to by Tenant as an accurate representation of its financial condition have been prepared, certified and submitted to Landlord as an inducement and consideration to Landlord to enter into this Lease. Tenant shall during the Term furnish Landlord with current annual financial statements accurately reflecting Tenant’s financial condition upon written request from Landlord within 10 days following Landlord’s request; provided, however, that so long as Tenant is a publicly traded corporation on a nationally recognized stock exchange, the foregoing obligation to deliver the statements shall be waived.