Common use of Advertising Fee Clause in Contracts

Advertising Fee. Xxxxxx’s annual contribution toward Landlord’s cost of promoting the Center. Tenant’s Advertising Fee shall be payable at the initial annual rate of $4.50 multiplied by the Store Floor Area of the Premises. The Advertising Fee is payable on a calendar year basis and is subject to annual increase, effective January 1 following the Commencement Date and on each January 1 thereafter, by three percent (3%) per annum. (Section 14.1).

Appears in 2 contracts

Samples: Lease (Impossible Kicks Holding Company, Inc.), Lease (Impossible Kicks Holding Company, Inc.)

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Advertising Fee. Xxxxxx’s annual contribution toward Landlord’s cost of promoting the Center. Tenant’s Advertising Fee shall be payable at the initial annual rate of Four and 50/100 Dollars ($4.50 multiplied by the 4.50) per square foot of Store Floor Area of the Premisesper annum (computed on an annualized basis for any partial calendar year). The Advertising Fee is payable on a calendar year basis and is subject to annual increase, effective January 1 following the Commencement Date and on each January 1 thereafter, by three percent (3%) per annum. (Section 14.1).

Appears in 1 contract

Samples: Lease Agreement (Impossible Kicks Holding Company, Inc.)

Advertising Fee. Xxxxxx’s annual contribution toward Landlord’s cost of promoting the Center. Tenant’s Advertising Fee shall be payable at the initial annual rate of Four and 50/100 ($4.50 4.50) multiplied by the Store Floor Area of the Premises. The Advertising Fee is payable on a calendar year basis and is subject to annual increase, effective January 1 following the Commencement Date and on each January 1 thereafter, by three percent (3%) per annum. (Section 14.1).

Appears in 1 contract

Samples: Lease (Impossible Kicks Holding Company, Inc.)

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Advertising Fee. Xxxxxx’s annual contribution toward Landlord’s cost of promoting the Center. Tenant’s Advertising Fee shall be payable at the initial annual rate of Four and 50/100 Dollars ($4.50 multiplied by the 4.50) per square foot of Store Floor Area of the Premisesper annum (computed on an annualized basis for any partial calendar year). The Advertising Fee is payable on a calendar year basis and is subject to annual increase, effective January 1 1, 2024 following the Commencement Date and on each January 1 thereafter, by three percent (3%) per annum. annum (Section 14.1).

Appears in 1 contract

Samples: Lease (Impossible Kicks Holding Company, Inc.)

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