 What month is the last day of?
Within five (5) days of the last day of each calendar month, commencing with the calendar month ending July 31, 2016, written notice of any Rent Refund Monthly Disbursement Amount for the Payment Date following such calendar month; provided that the notice given for the calendar month ending July 31, 2016 shall include Rent Refund Monthly Disbursement Amounts made by Borrower for the period from and including the Closing Date through and including July 31, 2016.
calendar month