Common use of Basic Rent Clause in Contracts

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any rental adjustments shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 7 contracts

Samples: Lease (Masimo Corp), Lease Agreement (Masimo Corp), Lease (Senorx Inc)

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Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”"BASIC RENT"), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s 's estimated Tenant’s 's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s 's execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 7 contracts

Samples: Lease Agreement (Endwave Corp), Lease Agreement (Molecular Devices Corp), Lease (Endocare Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 4 contracts

Samples: Sublease Agreement (Prometheus Biosciences, Inc.), Sublease Agreement (Prometheus Biosciences, Inc.), Lease (Prometheus Biosciences, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunderLease.

Appears in 3 contracts

Samples: Lease Agreement (Mullen Automotive Inc.), Lease (Tarsus Pharmaceuticals, Inc.), Lease (Tarsus Pharmaceuticals, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder; the next installment of Basic Rent shall be due on the first day of the fourth calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 3 contracts

Samples: Lease (MDxHealth SA), Lease (MDxHealth SA), Lease Agreement (BioPharmX Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the "Basic Rent"), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s 's estimated Tenant’s 's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s 's execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 3 contracts

Samples: Lease Agreement (Prometheus Laboratories Inc), Lease (Intest Corp), Lease (Endwave Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offsetoffset (except as expressly provided in this Lease), the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 2 contracts

Samples: Lease (Ista Pharmaceuticals Inc), Lease (Micro Therapeutics Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the "Basic Rent"), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s 's estimated Tenant’s 's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s 's execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first Expexxxx xirst due hereunder.

Appears in 1 contract

Samples: Lease (California Micro Devices Corp)

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Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent Rent, at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 1 contract

Samples: Lease (AutoWeb, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount except as expressly provided herein, a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with TenantXxxxxx’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunderLease.

Appears in 1 contract

Samples: Lease (Capstone Dental Pubco, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with TenantXxxxxx’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunderLease.

Appears in 1 contract

Samples: Lease Agreement (AVITA Medical, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder. Such payments, however, shall not be negotiated by Landlord until this Lease is fully executed and a copy thereof delivered to Tenant.

Appears in 1 contract

Samples: Lease Agreement (Bakbone Software Inc)

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