Annual Fixed Rent. Tenant covenants and agrees to pay the Annual Fixed Rent in Section 1.1 to Landlord in advance in equal monthly installments commencing on the Term Commencement Date (if not the first day of a month) and thereafter on the first day of each calendar month during the Term. All payments shall be due without billing or demand and without deduction, setoff or counterclaim, except as expressly set forth in this Lease. Tenant shall make payment for any portion of a month at the beginning or end of the Term. All payments shall be payable to Landlord at Landlord’s address, as specified in Section 1.1, or to such other entities at such other places as Landlord may from time to time designate. Without limiting the foregoing, except as expressly set forth in this Lease, Tenant’s obligation so to pay Rent (as hereinafter defined) shall not be discharged or otherwise affected by any law or regulation now or hereafter applicable to the Premises, or any other restriction on Tenant’s use, or any casualty or taking, or any failure by Landlord to perform any covenant contained herein, or any other occurrence; and, except as expressly set forth in this Lease, Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover Rent. The foregoing notwithstanding, if Landlord fails for any reason within Landlord’s control to provide any service to be supplied by Landlord under the Lease which is necessary for Tenant’s reasonable use of the Premises (such as HVAC, elevator service, electricity, water, or structural repairs), and Tenant is unable to use the Premises on account of such failure, Tenant shall be entitled to a proportional abatement of Annual Fixed Rent and Additional Charges for Operating Expenses and Taxes based on the portion of the Premises which cannot be used by Tenant. This abatement shall begin on the fourth (4th) consecutive Business Day from Tenant’s written notice to Landlord of the failure. The abatement shall end when the services are restored sufficiently to permit use of the Premises.
Annual Fixed Rent. Subject to the last paragraph of this Section 3.1, from and after the Rent Commencement Date, the Tenant shall pay, without notice or demand, monthly installments of one-twelfth (1/12th) of the Annual Fixed Rent in effect and applicable to the Premises in advance for each full calendar month of the Term and of the corresponding fraction of said one-twelfth (1/12th) for any fraction of a calendar month at the beginning or end of the Term. The Annual Fixed Rent applicable to the Premises during the Term shall be as set forth in Exhibit A.
Annual Fixed Rent. During the Original Term of this Lease at the annual rate of $1,127,595.00 (being the product of (i) $35.00 and (ii) the “Rentable Floor Area of the Premises” (hereinafter defined in this Section 1.1), provided, however, that Annual Fixed Rent shall not commence until the Rent Commencement Date (hereinabove defined in this Section 1.1).
Annual Fixed Rent. (a) During the period commencing on the Commencement Date and ending on the last day of the thirty-sixth (36th) full calendar month immediately following the Commencement Date, at the annual rate of $2,008,488.48 (being the product of (i) $12.73 and (ii) the "Rentable Floor Area of the Premises" (hereinafter defined in this Section 1.1)).
Annual Fixed Rent. Commencing on the Rent Commencement Date and on the first day of each subsequent calendar month during the Term, Tenant shall pay to Landlord the Annual Fixed Rent set forth in on Exhibit B hereto in lawful money of the United States, in advance and without offset, deduction, or prior demand. The Annual Fixed Rent shall be payable at Landlord's Address or at such other place or to such other person as Landlord may designate in writing from time to time.
Annual Fixed Rent. The annual rent (“Annual Rent”) for the Subleased Premises will be:
i. For Year 1: Two Hundred Nineteen Thousand Six Hundred Seventeen and 55/100 Dollars ($219,617.55), payable in equal monthly installments of Eighteen Thousand Three Hundred One and 46/100 Dollars ($18,301.46);
ii. For Year 2: Two Hundred Twenty Seven Thousand Twenty Four and 55/100 Dollars ($227,024.55), payable in equal monthly installments of Eighteen Thousand Nine Hundred Eighteen and 71/100 Dollars ($18,918.71);
iii. For Year 3: Two Hundred Thirty Four Thousand Four Hundred Thirty One and 55/100 Dollars ($234,431.55), payable in equal monthly installments of Nineteen Thousand Five Hundred Thirty Five and 96/100 ($19,535.96);
iv. For Year 4 (partial year): Two Hundred Forty One Thousand Eight Hundred Thirty Eight and 55/100 Dollars ($241,838.55), payable in equal monthly installments of Twenty Thousand One Hundred Fifty Three and 21/100 Dollars ($20,153.21). The Annual Rent shall be payable in advance, without any previous demand therefor, in equal monthly installments as set forth above, on the first day of each month during the Term, except that (i) with respect to Year 1 (as defined below), no Annual Rent shall be due until the date that is six weeks after the Sublease Commencement Date (the “Rent Commencement Date”) and only for the portion of the Term from and after the Rent Commencement Date and (ii) with respect to Year 4, Annual Rent shall be pro rated for such partial year. If the Rent Commencement Date falls on a day other than the first day of the month, then the Annual Rent due with respect to such month of the Term shall be prorated, and if the Sublease Expiration Date falls on a day other than the last day of the month, then the Annual Rent due with respect to such month of the Term shall be prorated. Checks for the Annual Rent shall be made payable to Alkermes, Inc. and mailed to 00 Xxxxxx Xxxxxx, Cambridge, Massachusetts 02139 to the attention of Accounts Receivable. For purposes of this Sublease, “Year 1” shall be the 12 months commencing on the Sublease Commencement Date and ending on the day immediately preceding the first anniversary of the Sublease Commencement Date. Each subsequent “Year” shall commence on the day immediately following the expiration of the preceding Year and shall expire on the day immediately preceding the anniversary of such commencement (except for Year 4 which is a partial year and shall expire on the Sublease Expiration Date).
Annual Fixed Rent. Annual Fixed Rent during the Term of this Lease shall be the amount per annum set forth in Section 1.1.
Annual Fixed Rent. Commencing on the Seventh Amendment F Premises Commencement Date and continuing through the expiration of the Term, Annual Fixed Rent for the Seventh Amendment E Premises shall be payable at the annual rate of $[***] (being the product of (y) $[***] and (z) the Rentable Floor Area of the Seventh Amendment F Premises (being 12,414 square feet)).
Annual Fixed Rent. Commencing on the earlier to occur of (a) the date that is one (1) month following the Seventh Amendment D Premises Commencement Date, and (b) the date Tenant commences occupancy of the Seventh Amendment D Premises, and continuing through the expiration of the Term, Annual Fixed Rent for the Seventh Amendment D Premises shall be payable at the annual rate of $[***] (being the product of (y) $[***] and (z) the Rentable Floor Area of the Seventh Amendment D Premises (being 3,005 square feet)).
Annual Fixed Rent. The Annual Fixed Rent payable with respect to such Portion of the Currently-Committed Put Premises shall be the product of: (i) the Rentable Area of such Portion of the Currently-Committed Put Premises, taking into account the provisions Section 2.1(B) and Section 3.4(C), multiplied by the Annual Fixed Rent Rental Rate (as defined in Section 1.1), from time to time.
