Annual Rent. Lessees shall pay as rental for the land $ for each growing season. This represents a rental fee of $ per acre on 130 tillable acres. Lessee shall pay one-half of the rent ($ ) for the growing season in full on or before April 1 with the balance paid in full by November 30 each year.
Annual Rent. During the Lease Term, the Lessee must pay to the Lessor Annual Rent for the Premises in the aggregate annual amount of ($ ) (as adjusted for CPI if provided below) payable in advance in equal monthly installments on the first day of each calendar month.
Annual Rent. (a) The Tenant shall pay to the Landlord Annual Rent during the Term without set-off, abatement or deduction, Annual Rent of ● ($●) Dollars per annum plus the Management Expense Recovery.
(b) The Annual Rent shall be automatically increased on each annual anniversary of the Lease Commencement Date (excluding during any extension of the Term) by an amount equal to 2.25% of the Annual Rent payable by the Tenant under this Lease immediately prior to such rental reset.
(c) During any extension term, if exercised, annual rent for the first year of such extension term shall be the then current fair market rental for similar premises in similar vicinities at the commencement of the extension term in question as agreed upon between the parties by no later than six (6) months prior to what would have been the expiry of the Term but for such extension, and failing agreement by that date then the Annual Rent for the extension term in question will be determined by arbitration in accordance with the Arbitration Act (British Columbia) and the provisions of this Lease. Notwithstanding the foregoing, in no event will the sum of the Annual Rent plus the Management Expense Recovery for the first year of any extension term be greater than 110% of, or less than 90% of, the sum of the Annual Rent plus the Management Expense Recovery charged in the final year of the Term prior to such extension. Each year after the first year of any extended Term, the Annual Rent shall be automatically increased by an amount equal to 1.25% of the Annual Rent payable by the Tenant under this Lease immediately prior to such rental reset.
(d) The parties agree that Annual Rent is not now, nor will it in the future be, calculated or determined based upon the leaseable area of the Buildings, and for the purposes of calculating fair market rental for the purposes of Section 3.1(c) at no time shall any Tenant Amenity Development (constructed pursuant to Section 2.3) be considered or included.
(e) The Annual Rent and the Management Expense Recovery shall be paid in twelve (12) equal monthly installments, in advance, on the first day of each month of each Lease Year, pro-rated for any part of a month in which the Term commences or expires.
(f) The Tenant shall pay to the Landlord the Additional Rent and Sales Taxes due under this Lease when due pursuant to the terms of this Lease.
(g) If requested by the Landlord, Tenant shall pay Rent and Sales Taxes by automated clearing house or wire transfer as dir...
Annual Rent. Annual rent for the term of the Lease shall be [AMOUNT] Dollars ($[#]), plus applicable sales tax.
Annual Rent. The annual rent of the above described land for 20 and each following year of the agreement shall be $ , as adjusted by the Consumer Price Index (CPI) and is due and payable to Ogden City Corporation, in advance, on the first business day of each calendar year of the Agreement.
Annual Rent. Tenant shall pay to the District for the Leased Premises the Annual Rent for each Lease Year (Twelve months beginning on the first day of March and ending on the last day of February) during the term of this Lease set forth in Exhibit “A” attached hereto and incorporated herein by this reference. Annual Rent for the first Lease Year and the last Lease Year of the term of this Lease shall be prorated if the first or last Lease Year is a partial Lease Year.
Annual Rent. (i) Office space and Pro Rata Share of Building Common Areas - $16.15 per square foot, or $2,366,863.25
(ii) Distribution space - $4.35 per square foot, or $2,244,478.20
(iii) Total Annual Rent of $4,611,341.45
(iv) The Annual Rent shall be subject to periodic adjustments as provided in Section 4.02 of this Lease
Annual Rent. 3.3.1 Immediately upon Lessee’s receipt of monies from the operation of the F&B/R concessions herein authorized, the portion of monies belonging to Lessor under the terms of this Lease shall immediately be vested in and become the property of Lessor, and Lessee shall be responsible for the monies until the same are delivered to Lessor.
3.3.2 For purposes of this Lease, “Lease Year” means the twelve-month period beginning on January 1st and ending December 31st. “Prorated Lease Year” means the period from when Lessee begins operation or December 31st, whichever occurs first, until the beginning of the first Lease Year, and the period from the last Lease Year until termination.
Annual Rent. The Lessee shall pay to the Lessor an Annual Rent of XXXXX Thousand XXX Hundred XXX Dollars and Zero Cents ($XXX.00) payable at XXX Hundred XXXX Dollars and Zero Cents ($xxxx.00) in equal monthly installments during the term of this Lease. The Annual Rent shall commence on the first day of the month after the Construction Period of six months or less has expired, as described in Section 4.01 herein. Payment of Annual Rent shall be made in equal monthly installments in advance on the first day of every month during the term thereof, without any previous demand by Lessor, provided, however, if possession of the Leased Premises is granted to the Lessee at a date after the first of the month, then in such event the rent for such first month shall be prorated. If any installment of Annual Rent or Construction Period Rent is not received by the 10th day after the day when payment is due it shall bear interest at the rate of ten percent (10%) per month from the date when the same was due per the term of this Lease until paid by Lessee. The Annual Rent or Construction Period Rent shall be paid at Lessor’s office at 3274 Estate Richmond, Christiansted, St. Croix, U.S. Virgin Islands 00820, together with any other sum due as additional rent as provided herein.
