Common use of Base Rent Generally Clause in Contracts

Base Rent Generally. On each Base Rent Date through the end of the Term, NAI shall pay BNPLC rent ("BASE RENT"). Each payment of Base Rent must be received by BNPLC no later than 10:00 a.m. (Pacific time) on the date it becomes due; if received after 10:00 a.m. (Pacific time) it will be considered for purposes of this Land Lease as received on the next following Business Day. At least five days prior to any Base Rent Date upon which an installment of Base Rent shall become due, BNPLC shall notify NAI in writing of the amount of each installment, calculated as provided below. Any failure by BNPLC to so notify NAI, however, shall not constitute a waiver of BNPLC's right to payment, but absent such notice NAI shall not be in default hereunder for any underpayment resulting therefrom if NAI, in good faith, reasonably estimates the payment required, makes a timely payment of the amount so estimated and corrects any underpayment within three Business Days after being notified by BNPLC of the underpayment.

Base Rent Generally. On each Base Rent Date through the end of the Term, NAI shall must pay BNPLC BNPPLC rent ("BASE RENT"“Base Rent”), calculated as provided below . Each payment of Base Rent must be received by BNPLC BNPPLC no later than 10:00 a.m. 1:00 p.m. (Pacific Eastern time) on the date it becomes due; if received after 10:00 a.m. 1:00 p.m. (Pacific Eastern time) it will be considered for purposes of this Land Lease as received on the next following Business Day. At least five days prior to any Base Rent Date upon which an installment of Base Rent shall become becomes due, BNPLC shall BNPPLC will notify NAI in writing of the amount of each installment, calculated as provided below. Any failure by BNPLC BNPPLC to so notify NAI, however, shall will not constitute a waiver of BNPLC's BNPPLC’s right to payment, but absent such notice NAI shall will not be in default hereunder for any underpayment resulting therefrom if NAI, in good faith, reasonably estimates the payment required, makes a timely payment of the amount so estimated and corrects any underpayment within three Business Days after being notified by BNPLC BNPPLC of the underpayment.

Base Rent Generally. On each Base Rent Date through the end of the Term, NAI shall must pay BNPLC BNPPLC rent ("BASE RENT"“Base Rent”), calculated as provided below . Each payment of Base Rent must be received by BNPLC BNPPLC no later than 10:00 a.m. 2:00 p.m. (Pacific Eastern time) on the date it becomes due; if received after 10:00 a.m. 2:00 p.m. (Pacific Eastern time) it will be considered for purposes of this Land Lease as received on the next following Business Day. At least five days prior to any Base Rent Date upon which an installment of Base Rent shall become becomes due, BNPLC shall BNPPLC will notify NAI in writing of the amount of each installment, calculated as provided below. Any failure by BNPLC BNPPLC to so notify NAI, however, shall will not constitute a waiver of BNPLC's BNPPLC’s right to payment, but absent such notice NAI shall will not be in default hereunder for any underpayment resulting therefrom if NAI, in good faith, reasonably estimates the payment required, makes a timely payment of the amount so estimated and corrects any underpayment within three Business Days after being notified by BNPLC BNPPLC of the underpayment.

Base Rent Generally. On each Base Rent Date through the end of ------------------- the Term, NAI Zhone shall pay BNPLC rent ("BASE RENTBase Rent"). Each payment of Base Rent must be received by BNPLC no later than 10:00 a.m. (Pacific time) on the date it becomes due; if received after 10:00 a.m. (Pacific time) it will be considered for purposes of this Land Lease as received on the next following Business Day. At least five days prior to any Base Rent Date upon which an installment of Base Rent shall become due, BNPLC shall notify NAI Zhone in writing of the amount of each installment, calculated as provided below. Any failure by BNPLC to so notify NAIZhone, however, shall not constitute a waiver of BNPLC's right to payment, but absent such notice NAI Zhone shall not be in default hereunder for any underpayment resulting therefrom if NAIZhone, in good faith, reasonably estimates the payment required, makes a timely payment of the amount so estimated and corrects any underpayment within three Business Days after being notified by BNPLC of the underpayment.

Base Rent Generally. On each Base Rent Date through the end of the Term, NAI shall must pay BNPLC BNPPLC rent ("BASE RENT"“Base Rent”), calculated as provided below. Each payment of Base Rent must be received by BNPLC BNPPLC no later than 10:00 a.m. 1:00 p.m. (Pacific Eastern time) on the date it becomes due; if received after 10:00 a.m. 1:00 p.m. (Pacific Eastern time) it will be considered for purposes of this Land Lease as received on the next following Business Day. At least five days prior to any Base Rent Date upon which an installment of Base Rent shall become becomes due, BNPLC shall BNPPLC will notify NAI in writing of the amount of each installment, calculated as provided below. Any failure by BNPLC BNPPLC to so notify NAI, however, shall will not constitute a waiver of BNPLC's BNPPLC’s right to payment, but absent such notice NAI shall will not be in default hereunder for any underpayment resulting therefrom if NAI, in good faith, reasonably estimates the payment required, makes a timely payment of the amount so estimated and corrects any underpayment within three Business Days after being notified by BNPLC BNPPLC of the underpayment.