Common use of BASE RENT AND SECURITY DEPOSIT Clause in Contracts

BASE RENT AND SECURITY DEPOSIT. a) Base Rent per month for the Leased Premises shall be as follows but subject to adjustment in accordance with Section 6.01: Commencement Date through December 31, 2011 $ 0.00 January 1, 2012 through December 31, 2012 $ 6,000.00 January 1, 2013 through December 31, 2013 $ 7,250.00 January 1, 2014 through December 31, 2016 $ 12,140.00 b) The Security Deposit to be deposited by Tenant shall be: $ 12,140.00

BASE RENT AND SECURITY DEPOSIT. a) Base Rent per month for the Leased Premises shall be as follows but subject to adjustment in accordance with Section 6.01be: Commencement Date through December 31, 2011 $ 0.00 January Months 1, 2012 through December 31, 2012 $ 6,000.00 January 1, 2013 through December 31, 2013 $ 7,250.00 January 1, 2014 through December 31, 2016 $ 12,140.00-7: Abated Months 8-24: $13,048 Months 25-48: $20,068 Months 49-72: $22,074 b) The Security Deposit to be deposited by Tenant shall be: $ 12,140.00$14,786.00