Common use of Base Monthly Rent Clause in Contracts

Base Monthly Rent. The Base Monthly Rent to be allocated to each of the Properties (the “Individual Building Rents”) is listed on Exhibit “A.” The parties acknowledge and agree that the Individual Building Rents are included in Exhibit “A” solely for the convenience and use of the parties in making certain calculations as may be necessary from time to time pursuant to the provisions hereof. By way of example only, in the event: (i) this Lease is terminated or not extended pursuant to the terms hereof as to certain (but not all) of the Properties; or (ii) of a conveyance by Landlord of Landlord’s interest in the Lease as to one or more of the Properties prior to expiration or termination hereof; or (iii) an assignment by Tenant of Tenant’s interest in this Lease as to one or more of the Properties pursuant to the terms hereof, Base Monthly Rent payable hereunder following said event shall be adjusted by the respective Individual Building Rents. Base Monthly Rent shall be payable by Tenant to Landlord in advance in equal monthly installments commencing upon the Commencement Date and on the first day of each calendar month thereafter, without prior notice, invoice, demand, deduction or offset whatsoever. Landlord shall have the right to accept all rent and other payments, whether full or partial, and to negotiate checks and payments thereof without any waiver of rights, irrespective of any conditions to the contrary sought to be imposed by Tenant. All rent shall be paid to Landlord at the address to which notices to Landlord are given. The Base Monthly Rent for any partial month shall be prorated based upon the actual number of days in the period to be prorated.

Base Monthly Rent. The Section 2.3 of the First Amendment is hereby modified and amended such that the ‘Base Monthly Rent’ table shall, effective as of the Assignment Date, be revised as follows: * as defined in the Assignment** subject to abatement rights set forth in this Section 10.1 below. Landlord agrees that so long as Tenant is not in default of the terms, covenants and conditions of the Lease beyond any applicable notice and cure period the Tenant shall be entitled to xxxxx the Base Monthly Rent to be allocated to each for the Leased Premises for the first three (3) months of the Properties (Lease Term immediately following the “Individual Building Rents”) is listed on Exhibit “A.” The parties acknowledge and agree that the Individual Building Rents are included in Exhibit “A” solely actual Assignment Date for the convenience and use of Leased Premises, e.g., if the parties in making certain calculations as may be necessary from time to time pursuant to the provisions hereof. By way of example onlyAssignment Date is August 25, in the event: (i) this Lease is terminated or not extended pursuant to the terms hereof as to certain (but not all) of the Properties; or (ii) of a conveyance by Landlord of Landlord’s interest in the Lease as to one or more of the Properties prior to expiration or termination hereof; or (iii) an assignment by Tenant of Tenant’s interest in this Lease as to one or more of the Properties pursuant to the terms hereof2014, Base Monthly Rent payable hereunder following said event shall be adjusted by the respective Individual Building Rents. Base Monthly Rent shall be payable by Tenant to Landlord in advance in equal monthly installments abated through and including November 24, 2014, and commencing upon the Commencement Date and on the first day following the expiration of each calendar month thereaftersuch abatement period (which would be November 25, without prior notice2014 in the foregoing example), invoice, demand, deduction or offset whatsoeverTenant shall make Base Monthly Rent Payments as otherwise provided in the Lease (prorated for any partial month). Landlord further agrees that, so long as Tenant is not in default of the terms, covenants and conditions of the Lease beyond any applicable notice and cure period, then Tenant shall have be entitled during the right last applicable month of the Lease Term to accept all rent and other payments, whether full or partial, and xxxxx up to negotiate checks and payments thereof without any waiver a maximum amount of rights, irrespective of any conditions Base Monthly Rent equal to the contrary sought to be imposed by Tenant. All rent shall be paid to Landlord at amount of the address to which notices to Landlord are given. The last month of Base Monthly Rent for any partial month the Leased Premises. Tenant acknowledges and agrees that all Base Monthly Rent abated by the Landlord shall be prorated based provided only where Tenant fully performs all of its obligations and liabilities under the Lease and accordingly any default (beyond applicable notice and cure period) of the Lease terms, covenants or conditions by Tenant during any rental abatement period shall entitle Landlord to immediately terminate any further Tenant right to abatement of Base Monthly Rent and to seek recovery from Tenant of all abated Base Monthly Rent during such rental abatement period provided to date by way of increased rental rates for the remainder of the Lease Term, as the same may have been extended pursuant to this Lease, or if the Lease has expired or terminated then upon the actual number payment by Tenant within thirty (30) days of days in the period receipt of demand from Landlord. The abatement rights contained herein may not be assigned to be proratedany other party other than a Permitted Assignee.

Base Monthly Rent. The Section 2.3 of the Second Amendment is hereby modified and amended such that the ‘Base Monthly Rent’ table shall, effective as of the Assignment Date, be revised as follows: * as defined in the Assignment** subject to abatement rights set forth in this Section 10.1 below. Landlord agrees that so long as Tenant is not in default of the terms, covenants and conditions of the Lease beyond any applicable notice and cure period the Tenant shall be entitled to xxxxx the Base Monthly Rent to be allocated to each for the Leased Premises for the first three (3) months of the Properties (Lease Term immediately following the “Individual Building Rents”) is listed on Exhibit “A.” The parties acknowledge and agree that the Individual Building Rents are included in Exhibit “A” solely actual Assignment Date for the convenience and use of Leased Premises, e.g., if the parties in making certain calculations as may be necessary from time to time pursuant to the provisions hereof. By way of example onlyAssignment Date is August 25, in the event: (i) this Lease is terminated or not extended pursuant to the terms hereof as to certain (but not all) of the Properties; or (ii) of a conveyance by Landlord of Landlord’s interest in the Lease as to one or more of the Properties prior to expiration or termination hereof; or (iii) an assignment by Tenant of Tenant’s interest in this Lease as to one or more of the Properties pursuant to the terms hereof2014, Base Monthly Rent payable hereunder following said event shall be adjusted by the respective Individual Building Rents. Base Monthly Rent shall be payable by Tenant to Landlord in advance in equal monthly installments abated through and including November 24, 2014, and commencing upon the Commencement Date and on the first day following the expiration of each calendar month thereaftersuch abatement period (which would be November 25, without prior notice2014 in the foregoing example), invoice, demand, deduction or offset whatsoeverTenant shall make Base Monthly Rent Payments as otherwise provided in the Lease (prorated for any partial month). Landlord further agrees that, so long as Tenant is not in default of the terms, covenants and conditions of the Lease beyond any applicable notice and cure period, then Tenant shall have be entitled during the right last applicable month of the Lease Term to accept all rent and other payments, whether full or partial, and xxxxx up to negotiate checks and payments thereof without any waiver a maximum amount of rights, irrespective of any conditions Base Monthly Rent equal to the contrary sought to be imposed by Tenant. All rent shall be paid to Landlord at amount of the address to which notices to Landlord are given. The last month of Base Monthly Rent for any partial month the Leased Premises. Tenant acknowledges and agrees that all Base Monthly Rent abated by the Landlord shall be prorated based provided only where Tenant fully performs all of its obligations and liabilities under the Lease and accordingly any default (beyond applicable notice and cure period) of the Lease terms, covenants or conditions by Tenant during any rental abatement period shall entitle Landlord to immediately terminate any further Tenant right to abatement of Base Monthly Rent and to seek recovery from Tenant of all abated Base Monthly Rent during such rental abatement period provided to date by way of increased rental rates for the remainder of the Lease Term, as the same may have been extended pursuant to this Lease, or if the Lease has expired or terminated then upon the actual number payment by Tenant within thirty (30) days of days in the period receipt of demand from Landlord. The abatement rights contained herein may not be assigned to be proratedany other party other than a Permitted Assignee.

Base Monthly Rent. The Tenant covenants and agrees to pay to Landlord a net lease rental as follows: Beginning the Effective Date of this Sublease and continuing on the same day of each month thereafter during the term and any extension or renewals of this Sublease, Tenant shall pay Landlord a monthly "Base Monthly Rent to be allocated to each Rent" of $21,000 per month in advance. Tenant shall also pay with the Properties (the “Individual Building Rents”) is listed on Exhibit “A.” The parties acknowledge Base Rent, as additional rent, all other sums of money that shall become due from and agree that the Individual Building Rents are included in Exhibit “A” solely for the convenience and use of the parties in making certain calculations as may be necessary from time to time pursuant to the provisions hereof. By way of example only, in the event: (i) this Lease is terminated or not extended pursuant to the terms hereof as to certain (but not all) of the Properties; or (ii) of a conveyance by Landlord of Landlord’s interest in the Lease as to one or more of the Properties prior to expiration or termination hereof; or (iii) an assignment by Tenant of Tenant’s interest in this Lease as to one or more of the Properties pursuant to the terms hereof, Base Monthly Rent payable hereunder following said event shall be adjusted by the respective Individual Building Rents. Base Monthly Rent shall be payable by Tenant to Landlord under this Sublease. Landlord shall also have the same remedies for default for the payment of additional rent as are available to Landlord in advance the case of default in equal monthly installments commencing upon the Commencement Date payment Base Rent. The Base Rent, together with any adjustments of rent provided for herein then in effect, shall be due and payable on the first day of each calendar month thereafter, without prior notice, invoice, demand, deduction during the Sublease Term and any extensions or offset whatsoeverrenewals thereof. Landlord shall have the right Tenant hereby agrees to accept all so pay such rent and other payments, whether full or partial, and to negotiate checks and payments thereof without any waiver of rights, irrespective of any conditions to the contrary sought to be imposed by Tenant. All rent shall be paid to Landlord at Landlord's address herein provided (or such other address as Landlord may designate to Tenant in writing from time to time) monthly in advance, without demand, counterclaim or offset except as provided herein. If the address to which notices to Landlord are given. The Sublease Term, as heretofore established, commences on other than the first day of a month or terminates on other than the last day of the month, then the installment of Base Monthly Rent for any partial such month or months shall be prorated based upon on the actual number of days in such month which are a part of the period to Sublease Term and the installment(s) so prorated shall be proratedpaid in advance on either the Commencement Date or the first day of the last month of the Sublease Term, as the case may be.

Base Monthly Rent. The Tenant shall pay to Landlord as base monthly rent (“Base Monthly Rent”) the applicable amounts set forth in Exhibit “H.” Base Monthly Rent to be allocated to each of the Properties Sites (the “Individual Building Store Rents”) is listed on Exhibit “A.” The parties acknowledge and agree that the Individual Building Store Rents are included in Exhibit “A” solely for the convenience and use of the parties in making certain calculations as may be necessary from time to time pursuant to the provisions hereof. By way of example only, in Base Monthly Rent payable hereunder following any of the event: following events will be adjusted by the respective Individual Store Rent(s): (i) termination of this Lease is terminated or not extended pursuant to the terms hereof as to certain (but not all) of the PropertiesSites; or (ii) of a conveyance by Landlord of Landlord’s interest in the this Lease as to one or more of the Properties Sites prior to expiration or termination hereof; or (iii) an assignment by Tenant of Tenant’s interest in this Lease as to one or more of the Properties Sites pursuant to the terms hereof. Notwithstanding anything contained in this Lease to the contrary, in no event shall the rental to be paid by Tenant hereunder ever be less than the amount payable by Tenant as Base Monthly Rent payable hereunder following said event shall be adjusted by the respective Individual Building RentsRent. Base Monthly Rent shall be payable by Tenant to Landlord in advance in equal monthly installments commencing upon on the Commencement Date (“Rent Commencement Date”) and on or before the first day of each calendar month thereafter, without prior notice, invoice, demand, deduction deduction, or offset whatsoever. Landlord shall have If the right first day of the calendar month falls on a day which is a Saturday, Sunday, or a day which is, in the city and state in which Tenant is located, either a legal holiday or a day on which banking institutions are authorized by law to accept all rent and other paymentsremain closed for the entire day, whether full or partial, and to negotiate checks and payments thereof without any waiver of rights, irrespective of any conditions to the contrary sought to be imposed by Tenant. All rent shall be paid to Landlord at the address to which notices to Landlord are given. The then Base Monthly Rent for any partial month shall be prorated based upon payable on the actual number of days in the period to be proratednext business day.

Base Monthly Rent. The Tenant shall pay to Landlord as base monthly rent (“Base Monthly Rent”) the sum of Five Thousand Four Hundred Sixteen and 67/Dollars ($5,416.67) per month. Effective on each Adjustment Date (as hereinafter defined) Base Monthly Rent to shall be allocated to each of the Properties increased by TEN PERCENT (the “Individual Building Rents”) is listed on Exhibit “A.” The parties acknowledge and agree that the Individual Building Rents are included in Exhibit “A” solely for the convenience and use of the parties in making certain calculations as may be necessary from time to time pursuant to the provisions hereof. By way of example only, in the event: (i) this Lease is terminated or not extended pursuant to the terms hereof as to certain (but not all10%) of the Properties; or (ii) of a conveyance by Landlord of Landlord’s interest in the Lease as to one or more of the Properties prior to expiration or termination hereof; or (iii) an assignment by Tenant of Tenant’s interest in this Lease as to one or more of the Properties pursuant to the terms hereof, Base Monthly Rent payable hereunder following said event shall be adjusted by during the respective Individual Building Rentsimmediately preceding period. If the Commencement Date is a date other than the first day of the month, Base Monthly Rent shall be payable by Tenant to Landlord in advance in equal monthly installments commencing upon the Commencement Date and pro-rated based on the ratio that the number of days from the Commencement Date through the last day in the month containing the Commencement Date bears to the actual number of days in such month. Thereafter, Base Monthly Rent shall be payable on the first day of each calendar month thereafter, without prior notice, invoice, demand, deduction or offset whatsoever, except as otherwise provided in this Lease. Landlord shall have the right to accept all rent and other payments, whether full or partial, and to negotiate checks and payments thereof without any waiver of rights, irrespective of any conditions to the contrary sought to be imposed by Tenant. All rent shall be paid to Landlord at the address to which notices to Landlord are given. The Base Monthly Rent for any partial month shall be prorated based upon the actual number of days in the period subject to be proratedproration.