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, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord not later than the Commencement Date of this Lease, and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Lantronix Inc)

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Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Netlist Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, a Basic Rent the rental amount for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Basis Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown adjustments to Basic Rent in Item 6 are to occur on the monthly anniversary of the Commencement Date, then such adjustments 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 Basic Rent 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 requiredrequired for the payment of Basic Rent. An installment of rent in the amount of 1 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 not later than the Commencement Date concurrently with Tenant’s execution of this Lease, and Lease 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Devax Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, a Basic Rent the rental amount 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 a calendar month, any rental adjustment shown adjustments to Basic Rent in Item 6 are to occur on the monthly anniversary of the Commencement Date, then such adjustments 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 Basic Rent 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 requiredrequired for the payment of Basic Rent. An installment of rent in the amount of 1 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 estimated Tenant's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant's execution of this Lease, 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Ydi Wireless Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, 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 second calendar month of the TermTerm following the expiration of the Abatement Period, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Silicon Graphics International Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Meade Instruments Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord Landlord, without deduction or offsetoffset (unless this Lease expressly provides otherwise), except as provided in this Lease, a Basic Rent 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date concurrently with Xxxxxx’s execution of this Lease, and shall be applied against the Basic Rent first due hereunder; the next installment Lease as prepayment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar monththereof due under this Lease.

Appears in 1 contract

Samples: Lease Agreement (ReShape Lifesciences Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, a Basic Rent the rental amount 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 a calendar month, any rental adjustment shown adjustments to Basic Rent in Item 6 are to occur on the monthly anniversary of the Commencement Date, then such adjustments 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 Basic Rent 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 requiredrequired for the payment of Basic Rent. An installment of rent in the amount of 1 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 not later than the Commencement Date concurrently with Tenant’s execution of this Lease, 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Phage Biotechnology CORP)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, a Basic Rent the rental amount for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), as such may be increased pursuant to Section II(D) of the Work Letter and including subsequent adjustments, if any. If the Commencement Date is other than the first day of a calendar month, any Any rental adjustment to Basic Rent shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of month, whether or not the Commencement DateDate occurs at the end of a calendar month. The Basic Rent 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 requiredrequired for the payment of Basic Rent. An installment of rent in the amount of 1 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 not later than the Commencement Date concurrently with Tenant’s execution of this Lease, 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Lsi Logic Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”)Provisions. If the Commencement Date is other than the first day of a calendar month, any Any rental adjustment shown in Item 6 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 that date occurs at the end of a calendar month. The Basic Rent rent shall be due and payable in advance commencing on the Commencement Date 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. An installment of rent in the amount of 1 one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant's execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Office Space Lease (Pacific Mercantile Bancorp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as otherwise expressly provided in this Lease, a Basic Rent the rental amount for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month based on the actual number of days in such month. No demand, notice or invoice shall be requiredrequired for the payment of Basic Rent. An installment of rent in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second eighth (8th) calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Spark Networks Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent Rent, at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Axonics Modulation Technologies, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”)Provisions. If the Commencement Date is other than the first day of a calendar month, any Any rental adjustment shown in Item 6 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 that date occurs at the end of a calendar month. The Basic Rent rent shall be due and payable in advance commencing on the Commencement Date 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. An installment of rent, in the amount of 1 one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant's execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Office Space Lease (Diedrich Coffee Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month based on the actual number of days in such month. No demand, notice or invoice shall be requiredrequired for Basic Rent. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Evolus, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without abatement, deduction or offset, offset (except as otherwise provided for in this Lease), 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, 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 second next following calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Boot Barn Holdings, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”)Provisions. If the Commencement Date is other than the first day of a calendar month, any Any rental adjustment shown in Item 6 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 that date occurs at the end of a calendar month. The Basic Rent rent shall be due and payable in advance commencing on the Commencement Date 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. An installment of rent in the amount of 1 one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Office Space Lease (Gardenburger Inc)

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Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”)Provisions. If the Commencement Date is other than the first day of a calendar month, any Any rental adjustment shown in Item 6 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 that date occurs at the end of a calendar month. The Basic Rent rent shall be due and payable in advance commencing on the Commencement Date 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. An installment of rent in the amount of 1 one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord not later than the Commencement Date concurrently with Xxxxxx’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Sirf Technology Holdings Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, offset (except as otherwise provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and 1 month’s estimated Tenant’s Share of Operating Expenses, for the Premises shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second appropriate calendar month of the TermTerm after taking into account the Abatement Period, which installment shall, if applicablenecessary, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Alteryx, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, a Basic Rent the rental amount for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 7 of the Basic Lease Provisions (the "Basic Rent"), including subsequent adjustments, if any. If the Commencement Date is other than the first day of a the calendar month, any rental adjustment adjustments shown in Item 6 7 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 Basic Rent 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 requiredrequired for the payment of Basic Rent. An installment of rent in the amount of 1 one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 7 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 not later than the Commencement Date concurrently with Tenant's execution of this Lease, 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (ThermoGenesis Holdings, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent Rent, at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date concurrently with Xxxxxx’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the TermTerm for which Basic Rent is due, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Axonics, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, offset except as provided in this Lease, Lease 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, Lease and shall be applied against the Basic Rent first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Tracon Pharmaceuticals, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date 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 second fifth calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Lantronix Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, offset (except as otherwise expressly provided in this Lease), a Basic Rent the rental amount 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 a calendar month, any Any rental adjustment to Basic Rent shown in Item 6 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 Basic Rent 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 requiredrequired for the payment of Basic Rent. An installment of rent in the amount of 1 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 not later than the Commencement Date concurrently with Tenant’s execution of this Lease, 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (AutoTrader Group, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, 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”). If the Commencement Date is other than the first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable in advance commencing on the Commencement Date 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. An installment in the amount of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant’s execution of this Lease, 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease (Inari Medical, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, except as provided in this Lease, a Basic Rent the rental amount 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 a the calendar month, any rental adjustment 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 Basic Rent 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 requiredrequired for the payment of Basic Rent. An installment of rent in the amount of 1 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 estimated Tenant's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord not later than the Commencement Date concurrently with Tenant's execution of this Lease, 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 second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Samples: Lease Agreement (Hireright Inc)

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