Basic Rent and Additional Rent Sample Clauses

Basic Rent and Additional Rent. (a) Commencing on the Commencement Date, the Tenant shall pay a fixed minimum annual rent ("Basic Rent") in the amount described as Basic Rent in Section 2(d), to be paid in equal monthly instalments in advance on the first day of each month throughout the Term. For any broken month at the beginning or end of the Term, the Basic Rent shall be pro-rated on a per diem basis. Upon the Landlord's architect determining within six (6) months of the Commencement Date the Gross Floor Area of the Leased Premises, all rent and other monies payable by the Tenant pursuant to this Offer and the Lease shall be adjusted accordingly, which adjustment will be retroactive if actual measurement does not occur until after the Commencement Date. (b) All other amounts payable by the Tenant to the Landlord pursuant hereto or under the Lease or for any other reason whatsoever ("Additional Rent") shall be deemed to be rent and shall be payable in advance and collectible in the same manner as rent hereunder and under the Lease. The Tenant shall pay all Basic Rent and Additional Rent to the Landlord without any deduction, set-off or abatement whatsoever. (c) The Tenant agrees to deliver to the Landlord upon execution of the Lease and hereafter at the beginning of each lease year during the Term a series of twelve (12) monthly post-dated cheques for the ensuing lease year, in amounts conforming with the monthly Basic Rent payment and any Additional Rent estimated by the Landlord in advance plus applicable GST. Following the end of each fiscal year, the Landlord shall adjust the amount of the estimated monthly payments upwards or downwards to reflect the actual Additional Rent for the preceding year and shall retroactively adjust the Additional Rent for the preceding year with any excess of estimated Additional Rent over the actual Additional Rent being remitted to the Tenant and any shortfall therefrom being paid by the Tenant to the Landlord.

Basic Rent and Additional Rent. Rent to be paid under this Sublease shall include Basic Rent and Additional Rent as described in this Section 3, and all other sums that may be owing from Subtenant to Sublandlord under the terms of this Sublease.

Basic Rent and Additional Rent. Tenant covenants and agrees to pay to 453 Landlord all of the following (all of which is collectively referred to as “Rent”): 454 455 (a) Monthly basic rent (“Basic Rent”) in the sum of $55.00 for each Leased Space, to be 456 paid in advance on the first day of each month during the Term for the upcoming month or portion 457 thereof, provided that Rent for the last calendar month of the Term or portion thereof shall be due and 458 payable on the last day of the Term. 459 460 (b) Additional rent (“Additional Rent”) in the amount of any payment referred to as 461 such in any portion of this Lease that accrues while this Lease is in effect, which shall include any and all 462 charges or other amounts that Tenant is obligated to pay Landlord under this Lease other than Basic Rent. 463 464 (c) This Section 4.1 is subject to Section 4.5(b). 465

Basic Rent and Additional Rent. (a) Starting on the first day of the thirteenth month from the Commencement Date and continuing through the fifth year following said date, Tenant shall pay as basic rent ("Basic Rent") the annual sum of TWO HUNDRED SIXTY-TWO THOUSAND EIGHT HUNDRED THIRTY-SEVEN AND 50/100 ($262,837.50) DOLLARS or $21.50 per square foot of rental space in equal monthly installments of TWENTY-ONE THOUSAND NINE HUNDRED THREE AND 13/100 DOLLARS ($21,903.13) on or before the first date of each month, in advance, to Landlord at the address of the Landlord above designated or such other place as shall be designated by Landlord. Landlord agrees to waive basic rental payments (with the exception of tenant electric) for the initial twelve (12) months of the lease term. (b) As additional consideration to the Tenant for the Tenant's entry into this lease transaction, and upon the condition that the Tenant is not in default of this Agreement of Lease, the Landlord shall pay to the Tenant the sum of $8,000. on August 1, 1988 and a similar sum on September 1, 1988, but such payment shall not be required at any other times. (c) Tenant shall also pay as Additional Rent any and all such other sums of money as shall become due to the Landlord pursuant to the terms and provisions hereof including but not limited to Tenant improvements authorized by and to be paid by Tenant, without demand therefor and without any abatement, counterclaim, deduction or setoff whatsoever except as provided herein. Basic Rent and Additional Rent is sometimes hereinafter collectively referred to as "Rent". (d) If Tenant shall fail to pay the Basic Rent and Additional Rent within ten (10) business days following the due date of any such payment, and if Landlord agrees to accept any such late payment, then in the event of such late payment, the Tenant agrees to pay to Landlord interest on any such sums at the rate of 5% of any such late installment of Rent or Additional Rent, as Additional Rent, or if said rate under the circumstances then prevailing shall not be lawful, then at the maximum lawful rate permitted. The foregoing shall be in addition to any other right or remedy which may be available to Landlord in the event of default by Tenant. (e) The Tenant agrees to deposit with the Landlord upon the execution date of this Lease the sum of $21,903.13 as security for the payment of Rent and/or Additional Rent hereunder and the full and faithful performance by the Tenant of the covenants and conditions on the part ...

Basic Rent and Additional Rent. Tenant shall pay to Landlord all Basic Rent and (to the extent payable to Landlord) Additional Rent by wire transfer of federal funds or collected funds immediately available to Landlord on the dates when rent is due as provided in Section 4(b) hereof, at Landlord’s address set forth above, or at such other place in the continental United States as Landlord may from time to time designate.

Basic Rent and Additional Rent. The Subtenant covenants to pay as basic rent (“Sublease Basic Rent”) for the whole period of the Sublease Term commencing on April 1, 2005 and ending on April 1, 2006 the sum of $12,000 per annum, in equal monthly instalments payable in advance on the first day of each and every month. The Subtenant covenants to pay all Additional Rent when due under the Head Lease. The Sublease Basic Rent and Additional Rent will be referred to collectively as “Rent”.

Basic Rent and Additional Rent. Basic Rent and Additional Rent for the Second Additional Expansion Premises shall be payable at the same rates and in the same manner as the same are due and payable with respect to the Premises. Tenant's Allocated Share shall be adjusted as of the date of possession of the Second Additional Expansion Premises.

Basic Rent and Additional Rent. Tenant covenants and agrees to pay to Landlord all of the following (all of which is collectively referred to as “Rent”): (a) Monthly basic rent (“Basic Rent”) in the sum of FORTY-FIVE Dollars ($45.00) for the first 10 years of the Term and FIFTY-FIVE Dollars ($55.00) for the last 10 years of the Term for each Leased Space, to be paid in advance on the first day of each month during the Term for the upcoming month or portion thereof, provided that Rent for the last calendar month of the Term or portion thereof shall be due and payable on the last day of the Term.

Basic Rent and Additional Rent. The Tenant covenants and agrees to pay to the Landlord at the office of the Landlord or at such other place designated by Landlord, in lawful money of Canada, without any prior demand therefor and without any deduction or set-off, the basic rent ("Basic Rent") as follows: The sum of $0 per month from and including November 15, 1999 to and including December 31, 1999; The sum of $3,797.63 shall be paid on or before the 1st day of January, 2000 and a like sum shall be paid on the first day of each and every consecutive month thereafter, up to and including the 1st day of December, 2000; The sum of $3,958.55 shall be paid on or before the 1st day of January, 2001 and a like sum shall be paid on the first day of each and every consecutive month thereafter, up to and including the 1st day of December, 2001; The sum of $4,280.38 shall be paid on or before the 1st day of January, 2002 and a like sum shall be paid on the first day of each and every consecutive month thereafter, up to and including the 1st day of December, 2002; Additional Rent ----------------

Basic Rent and Additional Rent. Basic Rent and Additional Rent for the First Expansion Premises and the Additional Expansion Premises shall be payable at the same rates and in the same manner as the same are due and payable with respect to the Premises. A schedule of Basic Rent for the period from commencement of the First Expansion Premises to the Lease expiration is attached as Exhibit "B". Tenant's Allocated Share shall be adjusted as of the respective dates of commencement to incorporate the First Expansion Premises and the Additional Expansion Premises into the Premises, all as set forth on Exhibit "B".