Common use of Base Rent and Current Rent Amendments Clause in Contracts

Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1, 2003 through April 30, 2004, be equal to Thirty-Four Million Eight Hundred Ninety-Five Thousand Two Hundred Thirty-Seven and 99/100 Dollars ($34,895,237.99) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and

Appears in 3 contracts

Samples: Master Lease Amendment Agreement (Kindred Healthcare Inc), Master Lease Amendment Agreement (Ventas Inc), Agreement for Sale of Real Estate and Master Lease Amendments (Kindred Healthcare Inc)

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Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1, 2003 through April 30, 2004, be equal to Thirty-Two Million One Hundred Fourteen Thousand Four Million Eight Hundred NinetyForty-Five Thousand Two Hundred Thirty-Seven One and 99/100 10/100 Dollars ($34,895,237.9932,114,441.10) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and

Appears in 3 contracts

Samples: Agreement for Sale of Real Estate and Master Lease Amendments (Kindred Healthcare Inc), Master Lease Amendment Agreement (Kindred Healthcare Inc), Master Lease Amendment Agreement (Ventas Inc)

Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1, 2003 through April 30, 2004, be equal to ThirtyForty-Four Nine Million Eight Three Hundred Ninety-Five Seven Thousand Two Three Hundred Thirty-Seven Eight and 99/100 1/100 Dollars ($34,895,237.9949,397,338.01) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and

Appears in 3 contracts

Samples: Agreement for Sale of Real Estate and Master Lease Amendments (Kindred Healthcare Inc), Master Lease Amendment Agreement (Kindred Healthcare Inc), Master Lease Amendment Agreement (Ventas Inc)

Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1[Insert date immediately following the Closing Date under the Sale/Amendment Agreement], 2003 through April 30, 2004, be equal to Thirty-Four Thirty Two Million Eight Hundred Ninety-Ninety Five Thousand Two Four Hundred Thirty-Seven Four and 99/100 88/100 Dollars ($34,895,237.9932,895,404.88) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and.

Appears in 2 contracts

Samples: Agreement for Sale of Real Estate and Master Lease Amendments, Agreement for Sale of Real Estate and Master Lease Amendments (Kindred Healthcare Inc)

Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1, 2003 through April 30, 2004, be equal to ThirtyForty-Four Two Million Eight Two Hundred Eleven Thousand Two Hundred Ninety-Five Thousand Two Hundred Thirty-Seven Nine and 99/100 44/100 Dollars ($34,895,237.9942,211,299.44) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and

Appears in 2 contracts

Samples: Agreement for Sale of Real Estate and Master Lease Amendments (Kindred Healthcare Inc), Master Lease Amendment Agreement (Ventas Inc)

Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1[Insert date immediately following the Closing Date under the Sale/Amendment Agreement], 2003 through April 30, 2004, be equal to Thirty-Thirty Four Million Eight Hundred Ninety-Five Thousand Two Hundred Thirty-Ninety Seven Thousand Five Hundred Four and 99/100 89/100 Dollars ($34,895,237.9934,297,504.89) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and.

Appears in 2 contracts

Samples: Agreement for Sale of Real Estate and Master Lease Amendments, Agreement for Sale of Real Estate and Master Lease Amendments (Kindred Healthcare Inc)

Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1[Insert date immediately following the Closing Date under the Sale/Amendment Agreement], 2003 through April 30, 2004, be equal to Thirty-Four Forty Million Eight Six Hundred Ninety-One Thousand Five Thousand Hundred Fifty Two Hundred Thirty-Seven and 99/100 86/100 Dollars ($34,895,237.9940,601,552.86) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and.

Appears in 2 contracts

Samples: Agreement for Sale of Real Estate and Master Lease Amendments, Agreement for Sale of Real Estate and Master Lease Amendments (Kindred Healthcare Inc)

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Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1[Insert date immediately following the Closing Date under the Sale/Amendment Agreement], 2003 through April 30, 2004, be equal to Thirty-Four Forty Seven Million Eight One Hundred Ninety-Five One Thousand Sixty Two Hundred Thirty-Seven and 99/100 41/100 Dollars ($34,895,237.9947,101,062.41) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and.

Appears in 2 contracts

Samples: Agreement for Sale of Real Estate and Master Lease Amendments, Agreement for Sale of Real Estate and Master Lease Amendments (Kindred Healthcare Inc)

Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, shall for the period from July 1, 2003 through April 30, 2004, be equal to ThirtyForty-Four Two Million Eight Two Hundred Eleven Thousand Two Hundred Ninety-Five Thousand Two Hundred Thirty-Seven Nine and 99/100 44/100 Dollars ($34,895,237.9942,211,299.44) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and

Appears in 1 contract

Samples: Master Lease Amendment Agreement (Kindred Healthcare Inc)

Base Rent and Current Rent Amendments. (a) Relative to the definitions of "Base Rent" and "Current Rent" contained in Section 2.1 of the Lease, Lessor and Tenant agree that the Base Rent and Current Rent for the Leased Properties remaining under the Lease after the termination referenced in the Partial Lease Termination shall, for the period from July 1, 2003 the date immediately following the date hereof through April 30, 20042005, be equal to Thirty-Four Forty Three Million Eight One Hundred Ninety-Five Thirty Seven Thousand Six Hundred Eighty Two Hundred Thirty-Seven and 99/100 44/100 Dollars ($34,895,237.9943,137,682.44) per annum, and, for Rent Calculation Years thereafter, Base Rent and Current Rent shall be determined as set forth in subsection (d) of the definition of "Base Rent" or subsection (b) of the definition of "Current Rent", as applicable, contained in such Section 2.1, in each case subject to the provisions of such definitions relative to the Reset Option and to the provisions of Article XIX relative to the amount of the Base Rent and Current Rent during Extended Terms; and.

Appears in 1 contract

Samples: Master Lease Amendment Agreement (Kindred Healthcare Inc)

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