Base Monthly Rental. During the Lease Term, on or before the first day of each calendar month, Lessee shall pay in advance the Base Monthly Rental then in effect. If the Effective Date is a date other than the first day of the month, Lessee shall pay to Lessor on the Effective Date the Base Monthly Rental prorated by multiplying the Base Monthly Rental by a fraction, the numerator of which is the number of days remaining in the month (including the Effective Date) for which Rental is being paid, and the denominator of which is the total number of days in such month.
Appears in 21 contracts
Samples: Master Lease Agreement (Local Bounti Corporation/De), Lease Agreement (Kratos Defense & Security Solutions, Inc.), Master Lease Agreement (Synalloy Corp)
Base Monthly Rental. During the Lease Term, on or before the first day of each calendar month, Lessee Tenant shall pay in advance the Base Monthly Rental then in effect. If the Effective Date is a date other than the first day of the month, Lessee Tenant shall pay to Lessor Landlord on the Effective Date the Base Monthly Rental prorated by multiplying the Base Monthly Rental by a fraction, the numerator of which is the number of days remaining in the month (including the Effective Date) for which Rental is being paid, and the denominator of which is the total number of days in such month.
Appears in 4 contracts
Samples: Lease Agreement (Nortech Systems Inc), Lease Agreement (Nortech Systems Inc), Master Lease Agreement (Bob Evans Farms Inc)
Base Monthly Rental. During the Lease Term, on or before the first day of each calendar month, Lessee shall pay in advance the Base Monthly Rental then in effect. If the Effective Commencement Date is a date other than the first day of the month, Lessee shall pay to Lessor on the Effective Commencement Date the Base Monthly Rental prorated by multiplying the Base Monthly Rental by a fraction, the numerator of which is the number of days remaining in the month (including the Effective Commencement Date) for which Rental is being paid, and the denominator of which is the total number of days in such month.
Appears in 3 contracts
Samples: Lease Agreement (Four Corners Property Trust, Inc.), Lease Agreement (Four Corners Property Trust, Inc.), Lease Agreement (Four Corners Property Trust, Inc.)
Base Monthly Rental. During the Lease Term, on or before the first day of each calendar month, Lessee shall pay in advance the Base Monthly Rental then in effect. If the Effective Date is a date other than the first day of the month, Lessee shall pay to Lessor on the Effective Date the Base Monthly Rental prorated by multiplying the Base Monthly Rental by a fraction, the numerator of which is the number of days remaining in the month (including the Effective Date) for which Base Monthly Rental is being paid, and the denominator of which is the total number of days in such month.
Appears in 2 contracts
Samples: Master Lease Agreement (Ampco Pittsburgh Corp), Master Lease Agreement (Ampco Pittsburgh Corp)
Base Monthly Rental. During the Lease Term, on or before the first day of each calendar month, Lessee shall pay in advance the Base Monthly Rental then in effect. If the Effective Date is a date other than the first day of the month, Lessee shall pay to Lessor on the Effective Date the Base Monthly Rental prorated by multiplying the Base Monthly Rental by a fraction, the numerator 121733316v6 0992939 of which is the number of days remaining in the month (including the Effective Date) for which Rental is being paid, and the denominator of which is the total number of days in such month.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Cardiovascular Systems Inc)
