Common use of Base Rental Clause in Contracts

Base Rental. (a) Tenant covenants and agrees to pay to Landlord during the Lease Term the amounts specified in Article 1(k) (as adjusted from time to time, the "Base Rental") as base rent for the Premises. The Base Rental shall be paid in equal monthly installments in advance, without demand, deduction or set off, on the first (1st) day of each and every calendar month during the Lease Term. A prorated monthly installment shall be paid in advance on the Rental Commencement Date for any fraction of a month if the Rental Commencement Date occurs on any day other than the first day of any month and on the first day of the final month of the Lease Term for any fraction of a month if the Lease Term shall expire or terminate on any day other than the last day of any month. (b) The Base Rental for the first year of the Lease Term is set forth in Article 1(k) above. On each anniversary of the Commencement Date, the Base Rental shall be increased to an amount equal to the product of: (i) the amount of Base Rental for the previous calendar year (or portion thereof adjusted to reflect an annual rental) multiplied by (ii) the Increase Multiplier. (c) Tenant covenants and agrees to pay to Landlord during the Lease Term such sums as are referred to herein as "Additional Rental" when due, without demand, deduction or set off. As used herein, the term "Rent" shall mean Base Rental, Additional Rental, and any other amounts due from Tenant hereunder. Any sums payable to Landlord by Tenant hereunder shall be deemed Additional Rental, and Landlord shall have all of the remedies upon default as it does for failure to pay Base Rental.

Base Rental. (a) Tenant covenants and 3.1 Lessee agrees to pay to Landlord during Lessor without any offset or deduction whatsoever, in lawful (legal tender for public or private debts) money of the United States of America at Lessor's address as set forth in Item 2 of the Basic Lease Term the amounts specified in Article 1(k) (Provisions or elsewhere as adjusted designated from time to timetime by Lessor's notice in writing to Lessee, the monthly sum set forth in Item 6(a) of the Basic Lease Provisions (hereinafter called "Base Rental") as base rent for on the Premises. The Base Rental shall be paid first day of each calendar month, monthly in equal monthly installments in advance, advance without demand, deduction or set off, on the first (1st) day of for each and every calendar month during of the term of this Lease. Lessee also agrees to pay monthly the sum set forth in Item 6(b) of the Basic Lease Provisions for each reserved covered parking space. Lessee shall pay to Lessor, upon execution of this Lease, the sum set forth in Item 6(c) of the Basic Lease Provisions, representing payment of Base Rental for the first calendar month of the Lease Termterm. A prorated The next monthly installment shall be paid in advance rental due under the terms of this Lease is payable on the Rental Commencement Date for any fraction date set forth in Item 6(d) of the Basic Lease Provisions. If the term of this Lease commences on a month if the Rental Commencement Date occurs on any day other than the first day of any a calendar month, Lessee shall pay rental as provided herein for such commencement month on a pro rata basis, and the first month's rent paid by Lessee upon execution hereof shall apply and be credited to the next full month's rent due hereunder. If the term of this Lease expires on a day other than the first day of the final a calendar month, Lessee shall pay rental as provided herein for such expiration month of the Lease Term for any fraction of on a month if the Lease Term pro rata basis. This covenant to pay rent shall expire or terminate on any day other than the last day be independent of any month. (b) The Base Rental for the first year of the Lease Term is other covenant set forth in Article 1(kthis Lease. Lessee shall be required to pay Lessor (as a late charge to compensate Lessor for the added administrative expense caused by such late payment) above. On each anniversary a sum equal to y % of any monthly rental (or other amounts) required to be paid under the terms hereof should Lessee fail to pay such rental (or other amounts) within ten (10) days of the Commencement Date, the Base Rental due date thereof provided in this Lease. Lessee shall be increased to an amount equal to the product of: (i) the amount of Base Rental for the previous calendar year (or portion thereof adjusted to reflect an annual rental) multiplied by (ii) the Increase Multiplier. (c) Tenant covenants and agrees to also pay to Landlord during the Lessor as additional rental under this Lease Term such sums as are referred to herein as "Additional Rental" when dueany excise, without demandsales, deduction privilege or set off. As used herein, the term "Rent" shall mean Base Rental, Additional Rental, and any other amounts due from Tenant gross receipts tax levied on rents or charges paid hereunder. Any sums payable to Landlord by Tenant hereunder shall be deemed Additional Rental, and Landlord shall have all of the remedies upon default as it does for failure to pay Base Rental.

Base Rental. (a) Tenant covenants and agrees to pay to Landlord during the Lease Term, without any setoff or deduction whatsoever, the Base Rental and ail such other sums of money as shall become due hereunder as additional rent, all of which are sometimes herein collectively called “rent”, for the nonpayment of which Landlord shall be entitled to exercise all such rights and remedies as are herein provided in the case of the nonpayment of Base Rental. The annual Base Rental for each calendar year or portion thereof during the Lease Term, together with any estimated adjustments thereto pursuant to Paragraphs 6 and 30 hereof, shall be due and payable in advance in equal monthly installments on the first day of each calendar month during the Lease Term the amounts specified and any extensions or renewals thereof, and Tenant hereby agrees to pay such Base Rental and any adjustments thereto to Landlord at Landlord’s address provided herein (or such other address as may be designated by Landlord in Article 1(k) (as adjusted writing from time to time) monthly, the "Base Rental") as base rent for the Premises. The Base Rental shall be paid in equal monthly installments in advance, and without demand, deduction . Tenant shall pay any and all additional sums as may be required under this Lease as additional rent to Landlord on or set off, on before the first (1st) day of each and every calendar the month during following the date that such additional rent becomes due. If the Lease Term. A prorated monthly installment shall be paid in advance Term commences on the Rental Commencement Date for any fraction of a month if the Rental Commencement Date occurs on any day other than the first (1st) day of any a calendar month and or terminates on the first day of the final month of the Lease Term for any fraction of a month if the Lease Term shall expire or terminate on any day other than the last day of a calendar month, then the installments of Base Rental and any adjustments thereto for such month or months shall be prorated, based on the number of days in such month. (b) The Base Rental In the event any installment of rent is not paid, beyond an eight-day grace period, when due and payable, Tenant shall pay a late charge of twenty ($20.00) dollars per day for each day of delinquency starting the first year of the Lease Term is set forth in Article 1(k) above. On each anniversary of the Commencement Date, the Base Rental shall be increased to an amount equal to the product of: (i) the amount of Base Rental for the previous calendar year (or portion thereof adjusted to reflect an annual rental) multiplied by (ii) the Increase Multiplierninth day. (c) Tenant covenants and agrees to pay to Landlord during the Lease Term such sums as are referred to herein as "Additional Rental" when due, without demand, deduction or set off. As used herein, the term "Rent" shall mean Base Rental, Additional Rental, and any other amounts due from Tenant hereunder. Any sums payable to Landlord by Tenant hereunder shall be deemed Additional Rental, and Landlord shall have all of the remedies upon default as it does for failure to pay Base Rental.

Base Rental. (a) Tenant covenants and Lessee agrees to pay to Landlord during the Lease Term the amounts specified Lessor, or to such other person or entity as Lessor may from time-to-time direct, without demand, deduction, set-off or abatement at such place as Lessor, by notice in Article 1(k) (as adjusted writing to Lessee from time to timetime may direct, at the "following rates and times: See Schedule I Attached Hereto Base Rental") as base rent for the Premises. The Base Annual Rental shall be paid monthly in advance in equal monthly installments in advance, without demand, deduction or set off, (i.e. Base Monthly Rental) on the first (1st) day of each calendar month of the Lease Term. One-thirtieth (1/30th) of each monthly payment shall be due and every calendar payable for each day of any portion of a month less than a full month, and shall be payable on the first day of such partial month. The monthly rental for the month or portion thereof prior to the Commencement Date beginning from the date of the full execution hereof shall be one-thirtieth (1/30th) of the Base Monthly Rental times the number of days remaining in the month. The Base Monthly Rental for any period less than a full Lease Year following the fourteenth annual anniversary of the commencement date shall be the same as the Base Monthly Rental assessed in the fourteenth Lease Year. If requested by Lessor, Lessee shall establish arrangements whereby each payment of Base Monthly Rental is transferred by wire or other means of transfer directly to Lessor's account as designated from time-to-time by Lessor on or before the first business day of each month during the Lease Term. A prorated monthly installment At Landlord's request Tenant shall be paid in advance on provide Landlord with a single payment of Monthly Rental due hereunder aggregated with those due under the Rental Commencement Date for any fraction of a month if the Rental Commencement Date occurs on any day other than the first day of any month and on the first day of the final month of the Lease Term for any fraction of a month if the Lease Term shall expire or terminate on any day other than the last day of any monthCounterpart Leases, as hereinafter defined. (b) The Base Rental for the first year of the Lease Term is set forth in Article 1(k) above. On each anniversary of the Commencement Date, the Base Rental shall be increased to an amount equal to the product of: (i) the amount of Base Rental for the previous calendar year (or portion thereof adjusted to reflect an annual rental) multiplied by (ii) the Increase Multiplier. (c) Tenant covenants and agrees to pay to Landlord during the Lease Term such sums as are referred to herein as "Additional Rental" when due, without demand, deduction or set off. As used herein, the term "Rent" shall mean Base Rental, Additional Rental, and any other amounts due from Tenant hereunder. Any sums payable to Landlord by Tenant hereunder shall be deemed Additional Rental, and Landlord shall have all of the remedies upon default as it does for failure to pay Base Rental.

Base Rental. (a) Beginning with the Commencement Date, Tenant covenants and agrees to shall pay in advance to Landlord during the Lease Term the amounts specified at Landlord's Address For Rental Payments, or at such other place as Landlord shall designate in Article 1(k) (as adjusted from time to timewriting, the "Base Rental") as base rent for the Premises. The Base Rental shall be paid in equal monthly installments in advancepromptly, without demand, deduction or set offoffset, on the first (1st) day of each and every calendar month during the Lease Term. A prorated monthly installment Term the Base Rental, which shall be paid adjusted from time to time as provided in advance Paragraph 11 hereof. If the Term commences on the Rental Commencement Date for any fraction of a month if the Rental Commencement Date occurs on any day other than the first day of any month and a month, or terminates or expires on the first day of the final month of the Lease Term for any fraction of a month if the Lease Term shall expire or terminate on any day other than the last day of any a month, the Base Rental for such partial month shall be prorated based upon the actual number of days in such a month. In the event the Base Rental to be paid hereunder, or other charges as hereinafter provided, is not received by Landlord by the seventh (7th) day of the month due, Landlord shall have the right to impose a late charge of three and one half percent (3.5%) of all amounts past due. Provided rental payments are received no later than the tenth (10) day of the month due, the Landlord will not impose an interest charge nor will rental payments be considered past due for one (1) rental payment per Lease Year. Such "grace periods" shall be on a non-cumulative basis for the Term of this Lease. (b) The Base Rental for Simultaneously with the execution of this Lease, Tenant shall pay to Landlord the Initial Installment. Such sum shall be applied by Landlord to the first year of the Lease Term is set forth in Article 1(k) above. On each anniversary of the Commencement Date, the Base Rental shall be increased to an amount equal to the product of: (i) the amount complete month's installment of Base Rental for as it becomes due hereunder. If the previous calendar year (or portion thereof adjusted to reflect an annual rental) multiplied by (ii) the Increase Multiplier. (c) Tenant covenants and agrees to pay to Landlord during the Lease Term such sums as are referred to herein as "Additional Rental" when due, without demand, deduction or set off. As used hereinfirst month is prorated, the term "Rent" shall mean Base Rental, Additional Rental, and any other amounts due from Tenant hereunder. Any sums payable to Landlord by Tenant hereunder amount shall be deemed Additional Rental, and due promptly after Tenant's receipt of a notice from Landlord shall have all of stating the remedies upon default as it does amount due for failure to pay Base Rentalsaid prorated month.

Base Rental. (a) Tenant covenants and agrees to pay to Landlord during the Lease Term Term, to Landlord, without any setoff or deduction whatsoever, except as set forth herein, the amounts specified Base Rental, and all such other sums of money as shall become due hereunder as additional rent, all of which are sometimes herein collectively called “rent” for the nonpayment of which Landlord shall be entitled to exercise all such rights and remedies as are herein provided in Article 1(kthe case of the nonpayment of Base Rental. The annual Base Rental for each calendar year or portion thereof during the Lease Term, together with any estimated adjustments thereto pursuant to Paragraphs 6, 20, and 21 hereof, shall be due and payable in advance in twelve (12) equal installments on the first day of each calendar month during the initial term of this Lease and any extensions or renewals thereof, and Tenant hereby agrees to pay such Base Rental and any adjustments thereto to Landlord at Landlord’s address provided herein (or such other address as adjusted may be designated by Landlord in writing from time to time) monthly, the "Base Rental") as base rent for the Premises. The Base Rental shall be paid in equal monthly installments in advance, and without demand, deduction or set off, . If the term of this Lease commences on the first (1st) day of each and every calendar month during the Lease Term. A prorated monthly installment shall be paid in advance on the Rental Commencement Date for any fraction of a month if the Rental Commencement Date occurs on any day other than the first day of any month and on the first day of the final month of the Lease Term for any fraction of a month if the Lease Term shall expire or terminate terminates on any a day other than the last day of a month, then the installments of Base Rental and any adjustments thereto for such month or months shall be prorated, based on the number of days in such month. (b) The In the event any installment of rent is not paid when due and payable, Tenant shall pay a late charge of $100.00 per day for each day of delinquency. (c) That for a period of three (3) months Tenant herein shall receive a rent moratorium, that is a delay in the payment of Base Rental obligation for the first year period of time commencing with the Commencement Date and ending on the last day of the Lease Term third full month of this Lease. Thereafter, and provided that Tenant fully and completely complies with all terms and conditions of this Lease, and is set forth not in Article 1(k) above. On each anniversary default of any of the Commencement Dateterms and conditions of this Lease (or if the Tenant’s defaults but subsequently cures the same to the Landlord’s satisfaction), the Base Rental said moratorium shall be increased deemed complete and vested as of the date of expiration of lease and the Tenant shall have no further obligation to an amount equal to the product of: (i) the amount make payment of Base Rental for the previous calendar year (period set out in this sub-paragraph. However, if Tenant for whatever reason breaches or portion thereof adjusted is in default of any term or condition of this Lease and fails to reflect an annual rentalcure the same to the satisfaction of the Landlord herein within the cure periods provided for in Section 27(a) multiplied by (ii) of this Lease, the Increase Multiplier. (c) rent moratorium for the period aforementioned shall immediately be deemed to have ceased and expired without notice to the Tenant covenants and agrees to pay to Landlord Tenant shall immediately be liable for the entire amount of the rent during the Lease Term such sums as are referred moratorium period aforementioned, plus any and all other remedies available to herein as "Additional Rental" when due, without demand, deduction the Landlord at law or set off. As used herein, the term "Rent" shall mean Base Rental, Additional Rental, and any other amounts due from Tenant hereunder. Any sums payable to Landlord by Tenant hereunder shall be deemed Additional Rental, and Landlord shall have all of the remedies upon default as it does for failure to pay Base Rentalin equity.