Annual Lease Payment Sample Clauses

Annual Lease Payment. (a) During the Term of this Lease, Lessee shall pay to Lessor, in advance, pursuant to Lessor’s written instructions, without notice or demand, an Annual Lease Payment of one dollar ($1.00) payable on the anniversary of the execution of this Lease.
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Annual Lease Payment a. The annual lease price per share is $750.00 per acre-foot the first year, with an increase of 5% every five (5) years thereafter. Firestone shall pay the City an annual payment per acre-foot for the water delivered up to a maximum of three hundred acre feet under this Lease.
Sample 1
Annual Lease Payment. In order to ensure the community has access to the Improvements and that the programming for the community is enhanced, Belmont shall pay MNPS an annual lease payment of $35,000, with a 3% escalator for inflation annually to support after school programs at the batting facility, Xxxxxx Center, Xxxx Xxxx, Xxxx Xxxx Middle School, or Xxxxxx Xxxxxxxx Elementary School. These payments shall be made annually on the anniversary of the Commencement Date. MNPS shall document annually how funds are used including the names of the school or community groups, number of children participating, and hours of operation at the batting facility used by MNPS.
Sample 1
Annual Lease Payment. Lease Payments shall be paid on an annual basis, and are to accrue from July 1st to June 30th, and are due the last day of the first month of the City’s fiscal year, July 31st. For any Leased Fiber for which the Date of Delivery is after June 30th, Lease Payment shall be prorated from the Date of Delivery as defined in paragraph 4.6, to June 30th. City shall send an invoice dated no later than thirty (30) days prior to the annual due date to Lessee as a reminder of the total amount of the annual Lease Payment due before July 31st. If Lessee does not receive such an invoice, Lessee is still bound to pay the annual Lease Payment by the due date of July 31st, which amount is set forth in approved Application(s). OR
Sample 1
Annual Lease Payment. As consideration for the lease and easements set forth herein for the entire Term and any renewal or extension thereof, Buyer shall pay to Seller the sum of one hundred dollars ($100) annually, such payment being due on or before the twenty-fifth (25th) Day of the first month of each Contract Year.
Sample 1
Annual Lease Payment. The District agrees to pay MPRPD as payment for lease of the Premises, the sum ofOne Dollar ($1.00) per year, payable in advance to MPRPD on execution ofthis Agreement.
Sample 1

Related to Annual Lease Payment

  • Lease Payments No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of Business.

  • Base Monthly Rent Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to Landlord the Base Monthly Rent set forth in Section K of the Summary.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5, which amount shall be subject to increase as provided in Sections 1.5 and 4.3. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, Tenant shall pay the first month’s Minimum Monthly Rent to Landlord.

  • Monthly Rent The rent amount for the initial period shall be: _ Dollars ($_ ) paid on the _ (#) day of every month and: (check one) ☐ - Shall remain the same during the Initial Term. ☐ - Shall increase during the Initial Term as follows: 1st Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) 2nd Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ )

  • Rent Payment Tenant shall pay the Base Rent for the Premises and any additional rent provided herein without deduction or offset. Rent for any partial month during the lease term shall be prorated to reflect the number of days during the month that Tenant occupies the Premises. Additional rent means amounts determined under Section 19 of this Lease and any other sums payable by Tenant to Landlord under this Lease. Rent not paid when due shall bear interest at the rate of one-and-one-half percent per month until paid. Landlord may at its option impose a late charge of $.05 for each $1 of rent for rent payments made more than 10 days late in lieu of interest for the first month of delinquency, without waiving any other remedies available for default. Failure to impose a late charge shall not be a waiver of Landlord’s rights hereunder.

  • Payment of Base Rent Tenant agrees to pay the Base Rent for the Premises. Monthly Installments of Base Rent shall be payable in advance on the first day of each calendar month of the Term. If the Term begins (or ends) on other than the first (or last) day of a calendar month, the Base Rent for the partial month shall be prorated on a per diem basis. Tenant shall pay Landlord the first Monthly Installment of Base Rent when Tenant executes the Lease.

  • Operating Expense Payments Landlord shall deliver to Tenant a written estimate of Operating Expenses for each calendar year during the Term (the “Annual Estimate”), which may be revised by Landlord from time to time during such calendar year. During each month of the Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12th of Tenant’s Share of the Annual Estimate. Payments for any fractional calendar month shall be prorated.

  • Payment of Basic Rent Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Rent Payments Xxxxxx agrees to pay rent to the Landlord during the term of this Lease in equal monthly installments of $975, which shall be paid on or before the first day of the month. Xxxxxx agrees that if rent is not paid in full on or before 1st day of the month, Tenant will pay a late charge of $97.50 as allowed by applicable Georgia law.The prorated rent from the commencement of this Lease to the first day of the following month is $975, which amount shall be paid at the execution of this Lease. Xxxxxx agrees that rent shall be paid in lawful money of the United States via the Xxxxx Residents App. Rent payments shall be made payable to and mailed or delivered to the following address: P.O. Box 17942 Atlanta, GA 30316. All notices from Tenant to Landlord under this Lease and applicable Georgia law shall be delivered to the above address. Xxxxxx agrees that rent will be deemed paid only once Landlord or Landlord’s agent receives the rent monies, either by mail or by delivery to the above address. If there are multiple Tenants signed to this Lease, all such Tenants are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. A judgment entered against one Tenant shall be no bar to an action against other Tenants.

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