Timing of Estimates. If Landlord does not determine its estimate for the then current calendar year of Tenant's Share of Expense Increases and/or Tax Increases until February 1 or later, Tenant shall continue to make such payments at the prior calendar year's rate, and in such event, Tenant's first such estimated payment installment after such estimate is first made or updated shall include, retroactively, any increases in the monthly estimated payments applicable since January 1 of the same calendar year.
Appears in 4 contracts
Sources: Lease Agreement (Marcam Solutions Inc), Lease (Arbor National Holdings Inc), Lease Agreement (MCK Communications Inc)
Timing of Estimates. If Landlord does not determine its estimate for the then current calendar year of Tenant's ’s Share of Expense Increases and/or Tax Increases until February 1 or later, Tenant shall continue to make such payments at the prior calendar year's ’s rate, and in such event, Tenant's ’s first such estimated payment installment after such estimate is first made or updated shall include, retroactively, any increases in the monthly estimated payments applicable since January 1 of the same calendar year.
Appears in 2 contracts
Sources: Lease Agreement (Wave2Wave Communications, Inc.), Lease Agreement (Wave2Wave Communications, Inc.)
Timing of Estimates. If Landlord does not determine its estimate for the then current calendar year of Tenant's Share of Expense Increases and/or Tax Increases until February 1 11 or later, Tenant shall continue to make such payments at the prior calendar year's rate, and in such event, Tenant's first such estimated payment installment after such estimate is first made or updated shall include, retroactively, any increases in the monthly estimated payments applicable since January 1 of the same calendar year.
Appears in 1 contract
Sources: Lease Agreement (OMNICELL, Inc)
Timing of Estimates. If Landlord does not determine its estimate for the then current calendar year of Tenant's Share of Expense Increases Total Expenses and/or Real Estate Tax Increases until February 1 after the commencement of such calendar year or later, Tenant shall continue to make such payments at the prior calendar year's rate, and in such event, Tenant's first such estimated payment installment after such estimate is first made or updated shall include, retroactively, any increases in the monthly estimated payments applicable since January 1 the first (1st) day of the same calendar year.
Appears in 1 contract