Base Rent During Primary Term. Subject to the base rental abatements detailed in Paragraph 5.01(c), and subject to the fact that there will be different rent Commencement Dates as to each Phase, you agree to pay to Landlord base rent for the Premises for the entire primary term hereof beginning on the Rent Commencement Date, at the initial rate of $46,438.89 a month, provided, however, that if the Rent Commencement Date is a day other than the first day of a calendar month, then for the initial partial month, you agree to pay a per diem base rental based on the actual number of days in such month for each day of the partial month beginning on the Rent Commencement Date and ending on the last day of the partial month in which the Rent Commencement Date falls. On each Adjustment Date falling within the primary term beginning with the Adjustment Date corresponding with the first day of the second Lease Year, the monthly base rent amount shall increase to 103% of the monthly base rent amount then in effect immediately prior to such Adjustment Date. Notwithstanding the foregoing, until such time as the Rent Commencement Date has occurred as to all Phases, the monthly base rent amount will be as follows: For period from the Rent Commencement Date for Phase 1 through the day immediately preceding the Rent Commencement Date for Phase 2, the sum of $30,783.00 a month, prorated for any period less than a full month; and For period from the Rent Commencement Date for Phase 2 through the day immediately preceding the Rent Commencement Date for Phase 3, the sum of $43,808.50 a month, prorated for any period less than a full month.
Base Rent During Primary Term. You agree to pay to Landlord base rent for the Premises for the entire primary term hereof beginning on the Commencement Date, at the initial rate of $16,643.25 a month, provided, however, if the Commencement Date is a day other than the first day of a calendar month, then for the initial partial month, you agree to pay a per diem base rental of $554.78 a day for each day of the partial month beginning on the Commencement Date and ending on the last day of the partial month in which the Commencement Date falls. On each Adjustment Date falling within the primary term of this Lease beginning with the Adjustment Date corresponding with the first day of the second Lease Year, the monthly base rent amount shall increase to 103% of the monthly base rent amount then in effect immediately prior to such Adjustment Date.
Base Rent During Primary Term. You agree to pay to Landlord base rent for the Premises for the entire primary term hereof on a monthly basis beginning on the Rent Commencement Date (subject to any credits available to you under this Lease), at the initial rate of $86,377.23 a month, provided, however, that if the Rent Commencement Date is a day other than the first day of a calendar month, then for the initial partial month, you agree to pay a per diem base rental of $2,879.24 a day for each day of the partial month beginning on the Rent Commencement Date and ending on the last day of the partial month in which the Rent Commencement Date falls. On each Adjustment Date falling within the primary term of this Lease beginning with the Adjustment Date corresponding with the first day of the second Lease Year, the monthly base rent amount shall increase to an amount equal to 103% of the monthly base rent amount then in effect immediately prior to such Adjustment Date.
Base Rent During Primary Term. Tenant agrees to pay to Landlord base rent for the Premises, without demand, deduction or set off, for the entire primary term hereof beginning on the Commencement Date at the rate of $157,319.32 a month ($8.67 s.f.), provided, however, that beginning on the first day of the sixth Lease Year and continuing during the remainder of the primary term, the monthly base rent amount shall increase to $165,484.68 a month ($9.12 s.f.). If the Commencement Date is a day other than the first day of a calendar month, then for the initial partial month, Tenant agrees to pay a per diem base rental of $5,243.98 a day for each day of the partial month beginning on the Commencement Date and ending on the last day of the partial month in which the Commencement Date falls. Tenant shall not be required to pay base rent for any period of time beginning on the date Tenant takes occupancy of the Phase I Portion of the Building and ending on the day immediately preceding the Commencement Date.
