Base Rent Amount. (a) Tenant covenants and agrees, beginning on the Commencement Date established in accordance with Section 1.1, to pay Landlord initial base rent (hereinafter referred to as "Base Rent Amount") in accordance with the following schedule: Annual Monthly Months Rate/SF Rent ------ ------ ---------- 1-4 $18.00 $11,250.00 5-12 $18.00 $15,000.00 13-24 $18.36 $15,300.00 25-36 $18.73 $15,608.33 The Base Rent Amount shall be due and payable in advance on the first (1st) day of each and every calendar month during the term of this Lease, all without deduction or setoff whatsoever.
Base Rent Amount. Commencing on the Commencement Date, Subtenant shall pay minimum annual rent for the Sublease Premises in the amount of $0.00 per rentable square foot (such amount being “Base Rent” with the annual amounts for the designated 12 month time periods below being the “Annual Base Rent”, in equal monthly installments (“Monthly Base Rent” during each calendar month during the Term.
Base Rent Amount. The amount of Base Rent for the period commencing on the earlier of the first day of the month following the date that Xxxxxx commences construction or six (6) months following the Parties mutual execution of this Agreement (“Commencement Date”) shall be Twenty Thousand Six Hundred Sixty-Three Dollars and Twenty-Six Cents ($20,663.26), including Leashold Tax, per year and shall be payable to District within thirty (30) days following the Commencement Date. Commencing on the first anniversary of the Commencement Date and of each anniversary thereafter during the Term (the “Adjustment Date”), Base Rent shall be increased by an amount equal to Four Percent (4.0%) of the Base Rent payable immediately prior to the Adjustment Date. The Base Rent for each year of any Renewal Term shall be determined in the same manner that annual adjustments are determined herein.
Base Rent Amount. Commencing on the date (the “Rent Commencement Date”) that is three months after the Sub-Sublease Commencement Date, Sub-Subtenant shall pay base rent for the Sub-Sublease Premises in the amounts shown below (such amounts being “Base Rent” with the annual amounts for the designated time periods below being the “Annual Base Rent”), in equal monthly installments (“Monthly Base Rent”) during each calendar month during the Sub-Sublease Term as follows: Period Base Rent (per rsf) Annual Base Rent Monthly Base Rent Rent Commencement Date – 5/31/2013 $38.00 $249,926.04 $20,827.17 6/1/2013 – 8/14/2014 $42.00 $276,234.00 $23,019.50
Base Rent Amount. Commencing on the Term Commencement Date and continuing thereafter throughout the Term, Tenant shall pay to the Town the annual sum of Seventy Four Thousand Four Hundred ($74,400.00) Dollars in equal, consecutive monthly installments of Six Thousand Two Hundred ($6,200.00) Dollars and No Cents, subject to increases from time to time under Sections 5.1(b) and 5.1(c) below, payable in advance, on or before the first day of each calendar month of the Term (“Base Rent”); provided, however, that the first and last monthly payments of Base Rent shall be pro-rated as to any partial month.
Base Rent Amount. Tenant agrees to pay as Base Rent for the Premises, Seven Thousand Five Hundred and No/100 Dollars ($7,500.00) per year, payable in equal monthly installments of Six Hundred T w e n t y - f i v e and 00/100 Dollars ($625.00) each, payable in advance on the first day of each calendar month during the term of this Lease.
