Basic Rent. The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.
Basic Rent. Tenant agrees to pay to Landlord at such place as Landlord may designate without deduction, offset, prior notice, or demand, and Landlord agrees to accept as Basic Rent for the leased Premises the total sum of TWENTY EIGHT MILLION TWO HUNDRED SEVENTEEN THOUSAND FIVE HUNDRED FORTY EIGHT AND 80/100 ($28,217,548.80) Dollars in lawful money of the United States of America, payable as follows: See Paragraph 43 for Basic Rent Schedule
Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions. Any rental adjustment shown in Item 6 shall be deemed to occur on the specified monthly anniversary of the Commencement Date, whether or not that date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord concurrently with Tenant's execution of this Lease and shall be applied against the Basic Rent first due hereunder.
Basic Rent. In accordance with Paragraph 4A herein, the total aggregate sum of TWENTY EIGHT MILLION TWO HUNDRED SEVENTEEN THOUSAND FIVE HUNDRED FORTY EIGHT AND 80/100 DOLLARS ($28,217,548.80), shall be payable as follows: On January 1, 2000, the sum of ONE HUNDRED SIXTY NINE THOUSAND THREE HUNDRED FORTY FOUR AND NO/100 DOLLARS ($169,344.00) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2000. On January 1, 2001, the sum of ONE HUNDRED SEVENTY FOUR THOUSAND ONE HUNDRED EIGHTY TWO AND 40/100 DOLLARS ($174,182.40) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2001. On January 1, 2002, the sum of ONE HUNDRED SEVENTY NINE THOUSAND TWENTY AND 80/100 DOLLARS ($179,020.80) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2002. On January 1, 2003, the sum of ONE HUNDRED EIGHTY THREE THOUSAND EIGHT HUNDRED FIFTY NINE AND 20/100 DOLLARS ($183,859.20) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2003. On January 1, 2004, the sum of ONE HUNDRED EIGHTY EIGHT THOUSAND SIX HUNDRED NINETY SEVEN AND 60/100 DOLLARS ($188,697.60) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2004. On January 1, 2005, the sum of ONE HUNDRED NINETY THREE THOUSAND FIVE HUNDRED THIRTY SIX AND NO/100 DOLLARS ($193,536.00) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2005. On January 1, 2006, the sum of ONE HUNDRED NINETY EIGHT THOUSAND THREE HUNDRED SEVENTY FOUR AND 40/100 DOLLARS ($198,374.40) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2006. On January 1, 2007, the sum of TWO HUNDRED THREE THOUSAND TWO HUNDRED TWELVE AND 80/100 DOLLARS ($203,212.80) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2007. On January 1, 2008, the sum of TWO HUNDRED EIGHT THOUSAND FIFTY ONE AND 20/100 DOLLARS ($208,051.20) shall be due, and a like sum due on the first day of each month thereafter, through and including December 1, 2008. On January 1, 2009, the sum of TWO HUNDRED TWELVE THOUSAND EIGHT HUNDRED EIGHTY NINE AND 60/100 DOLLARS ($212,889.60) shall be due, and a like sum due on the first day of each month thereafter, t...
Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the "BASIC RENT"), including subsequent adjustments, if any. Any rental adjustment to Basic Rent shown in Item 6 shall be deemed to occur on the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month's estimated Tenant's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant's execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.
Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions. If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent shall be due and payable in advance commencing on the Commencement Date and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.
Basic Rent. Subject to the adjustments provided for in Paragraphs 2, 3 and 4 below, Basic Rent payable in respect of the Term shall be $590,000 per annum, payable quarterly in advance on each Basic Rent Payment Date, in equal installments of $147,500 each.
Basic Rent. (1) The Tenant shall pay to the Landlord at the office of the Landlord, or at such other place designated by the Landlord, in lawful money of Canada, without any prior demand therefor and, unless otherwise expressly set out herein, without any deduction, abatement, set-off or compensation whatsoever, as Basic Rent, annual rent equal to $2.00 (TWO DOLLARS) per annum, for the duration of the Term.
Basic Rent. Tenant agrees to pay to Landlord at such place as Landlord may designate without deduction, offset, prior notice, or demand, and Landlord agrees to accept as Basic Rent for the Premises the total sum of ONE MILLION THREE HUNDRED TWO THOUSAND ONE HUNDRED FOURTEEN AND 00/100 DOLLARS ($1,302,114.00) (the “Aggregate Basic Rent”) in lawful money of the United States of America, payable as follows: Upon Tenant’s execution of this Lease, the sum of NINETEEN THOUSAND SEVEN HUNDRED TWENTY-NINE AND 00/100 DOLLARS ($19,729.00) shall be due, representing the Basic Rent for the full month of May 2006. On June 1, 2006, the sum of NINETEEN THOUSAND SEVEN HUNDRED TWENTY-NINE AND 00/100 DOLLARS ($19,729,000) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2007. On May 1, 2007, the sum of TWENTY THOUSAND SEVEN HUNDRED FIFTEEN AND 45/100 DOLLARS ($20,715.45) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2008. On May 1, 2008, the sum of TWENTY-ONE THOUSAND SEVEN HUNDRED ONE AND 90/100 DOLLARS ($21,701.90) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2009. On May 1, 2009, the sum of TWENTY-TWO THOUSAND SIX HUNDRED EIGHTY-EIGHT AND 35/100 DOLLARS ($22,688.35) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2010. On May 1, 2010, the sum of TWENTY-THREE THOUSAND SIX HUNDRED SEVENTY- FOUR AND 80/100 DOLLARS ($23,674.80) shall be due, and a like sum due on the first day of each month thereafter, through and including April 1, 2011; or until the entire aggregate sum of ONE MILLION THREE HUNDRED TWO THOUSAND ONE HUNDRED FOURTEEN AND 00/100 DOLLARS ($1,302,114.00) has been paid.
Basic Rent. The Lessee shall pay to the Lessor during the Term, the Fixed Basic Rent as defined in the Preamble (hereinafter called "Fixed Basic Rent") payable in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts. The Fixed Basic Rent shall accrue at the Yearly Rate as defined in the Preamble and shall be payable, in advance, on the first day of each calendar month during the Term at the Monthly Installments as defined in the Preamble, except that a proportionately lesser sum may be paid for the first and last months of the Term of this Lease if the Term commences on a day other than the first day of the month, in accordance with the provisions of this Lease herein set forth. Lessor acknowledges receipt from Lessee of the first monthly installment by check, subject to collection, for Fixed Basic Rent for the first month of the Lease Term. Lessee shall pay Fixed Basic Rent, and any Additional Rent as hereinafter provided, to Lessor at Lessor's above stated address, or at such other place as Lessor may designate in writing, without demand and without counterclaim, deduction or set off.
