Common use of Annual Fixed Rent; Escalation Clause in Contracts

Annual Fixed Rent; Escalation. Tenant shall pay landlord, during the term of this Lease, the Annual Fixed Rent in the manner hereinafter provided. The Annual Fixed Rent for each Lease Year shall be payable in equal monthly installments on or before the first day of each calendar month, in advance during such Lease Year. If the Annual Fixed Rent is payable for a fraction of a month, the amount payable shall be a pro rata share of a full month’s rent. The Annual Fixed Rent shall be prorated for any partial Lease Year.

Annual Fixed Rent; Escalation. (a) Tenant shall pay landlordLandlord, during the term of this LeaseTerm, the Annual Fixed Rent in the manner hereinafter provided. The Annual Fixed Rent for each Lease Year shall be Year, payable in equal monthly installments on or before the first day of each calendar monthmonths, in advance during such Lease Year. If the Annual Fixed Rent is payable for a fraction of a month, the amount payable shall be a pro rata prorate share of a the full month’s rent. The Annual Fixed Rent shall be prorated for any partial Lease Year.. Annual Fixed Rent under this Lease shall be as follows: From the Effective Date to the