BASIC RENTAL ESCALATION Sample Clauses

BASIC RENTAL ESCALATION. The Basic Rental shall be increased annually, effective on the anniversary of the Commencement Date during the term hereof, by an amount equal to five percent (5%) of the escalated Basic Rental then in effect, payable as follows: Year Monthly Basic Rental Annual Basic Rental 1 $ 2,650.00 $ 31,800.00 2 $ 2,782.50 $ 33,390.00
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BASIC RENTAL ESCALATION. The Expansion Premises Basic Rental shall be increased annually, effective on each anniversary of the Expansion Premises Commencement Date by an amount equal to five percent (5%) of the escalated Expansion Premises Basic Rental then in effect, payable as follows: Basic Rental per Monthly Basic Period Square Foot Rental Annual Basic Rental 05/01/09 – 04/30/10 $ 22.00 $ 7,098.67 * $ 85,184.00 * 05/01/10 – 04/30/11 $ 23.10 $ 8,558.55 $ 102,702.60 05/01/11 – 04/30/12 $ 24.26 $ 8,988.33 $ 107,859.96 05/01/12 – 04/30/13 $ 25.47 $ 9,436.64 $ 113,239.62 05/01/13 – 04/30/14 $ 26.74 $ 9,907.17 $ 118,886.04 *Client charged for square footage of only 3,872 for first year of Expansion Premises Term
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BASIC RENTAL ESCALATION. In the event the Expansion Premises Term is not terminated prior to May 1, 2010, the Expansion Premises Basic Rental shall be increased annually, effective on May 1, 2010 and on each May 1st during the Expansion Premises Term by an amount equal to five percent (5%) of the escalated Expansion Premises Basic Rental then in effect.
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BASIC RENTAL ESCALATION. The Basic Rental shall be increased annually, effective on each anniversary of the Commencement Date, or if the Commencement Date is not on the first day of a month, then on the first day of the first full calendar month after the Commencement Date during the term hereof, by an amount equal to two and 50/100 percent (2.5%) of the escalated Basic Rental then in effect.
Sample 1
BASIC RENTAL ESCALATION. The Basic Rental shall be increased annually, effective on each anniversary of the first (1st) day of the first full month after the Commencement Date during the term hereof if the Commencement Date la on a day other than the first (let) day of the month, or on the anniversary of the Commencement Date if the Commencement Date la on the first (let) day of the month, by an amount equal to three percent (3%) of the escalated Basic Rental then in effect, payable as follows: Year Annualized Rent Monthly Rent ---------------------------------------------------- 1 $159,018.50 $13,251.54 2 $163,798.05 $13,649.09 3 $168,702.73 $14,058.56 4 $173,763.81 $14,480.32 5 $178,976.72 $14,914.73
Sample 1
BASIC RENTAL ESCALATION. The Basic Rental shall be increased annually, effective on each anniversary of the first (1st) day of the first full month after the Commencement Date during the term hereof. If the Commencement Date is on a day other than the first (1st) day of the month, or on the anniversary of the Commencement date if the Commencement date is on the first (1st) day of the month, by an amount equal to three percent (3%) of the escalated Basic Rental then in effect, payable as follows: PREMISES A-SUITE 450 Year Annual Basic Rental Monthly Basic Rental Per Square Foot --------------- ------------------- -------------------- --------------- 8/1/05-7/31/06 $30,000.00 $2,525.00 $23.89 8/1/06-7/31/07 $31,209.00 $2,600.76 $24.61 8/1/07-12/31/07 $32,145.27 $2,678.77 $25.35 PREMISES B-SUITE 101 Year Anxxxx Xxxxx Rental Monthly Basic Rental Per Square Foot --------------- ------------------- -------------------- --------------- 1/1/08-12/31/08 $60,000.00 $5,000.00 $31.32 1/1/09-12/31/09 $61,800.00 $5,150.00 $32.25 1/1/10-12/31/10 $63,654.00 $5,304.50 $33.22 1/1/11-12/31/11 $65,563.62 $5,463.64 $34.22 1/1/12-12/31/12 $67,530.59 $5,627.55 $35.25 1/1/13-12/31/13 $69,556.52 $5,796.38 $36.30 1/1/14-12/31/14 $71,643.26 $5,970.27 $37.39 1/1/15-12/31/15 $73,792.54 $6,149.38 $38.52 1/1/16-12/31/16 $76,006.34 $6,333.86 $39.67 1/1/17-12/31/17 $78,286.51 $6,523.88 $40.86
Sample 1
BASIC RENTAL ESCALATION. The Basic Rental shall be increased annually, effective on each anniversary of the first (1st) day of the first full month after the Commencement Date during the term hereof if the Commencement Date is on a day other than the first (1st) day of the month, or on the anniversary of the Commencement Date if the Commencement Date is on the first (1st) day of the month, by an amount equal to two and three-quarters percent (2.75%) of the escalated Basic Rental then in effect, payable as follows: Months Following Commencement Date Basic Rental per Sq. Ft. Monthly Basic Rental Annualized Basic Rental 1 – 3 N/A * N/A * N/A * 4 – 12 $ 33.50 $ 10,583.21 $ 126,998.50 13 – 24 $ 34.42 $ 10,874.25 $ 130,490.96 25 – 36 $ 35.37 $ 11,173.29 $ 134,079.46 37 – 39 $ 36.34 $ 11,480.55 $ 137,766.65 * Reflects monthly Basic Rental abatement during this period, so long as Tenant is not in default under the Lease beyond any applicable notice and cure period.
Sample 1
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Related to BASIC RENTAL ESCALATION

  • Base Rental (a) Lessee hereby agrees to pay to Lessor, without setoff or deduction whatsoever, a monthly installment of $3,284.00. Lessee shall also pay, as additional rent, all such other sums of money as shall become due from and payable by Lessee to Lessor under this Lease (Base Rental, any adjustment thereto pursuant to Section 4 hereof, and all such other sums of money due from and payable by Lessee pursuant to this Lease are sometimes hereinafter collectively called "rent"), for the nonpayment of which Lessor shall be entitled to exercise all such rights and remedies as are herein provided in the case of the nonpayment of Base Rental. The Base Rental, together with any adjustment or increase thereto then in effect, shall be due and payable in advance in twelve (12) equal installments on the first (lst) day of each calendar month during the term of this Lease, and Lessee hereby agrees so to pay such Base Rental and any adjustment or increase thereto to Lessor at Lessor's address provided herein (or such other address as may be designated by Lessor in writing from time to time) monthly, in advance, and without demand. If the term of this Lease commences on a day other than the first (lst) day of a month or terminates on 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, and the installment or installments so prorated shall be paid in advance.

  • Basic Rental Tenant agrees to pay to Landlord during the ------------- Term hereof, at Landlord's office or to such other person or at such other place as directed from time to time by written notice to Tenant from Landlord, the initial monthly and annual sums as set forth in Article 1.C of the Basic Lease Provisions, payable in advance on the first day of each calendar month, without demand, setoff or deduction, and in the event this Lease commences or the date of expiration of this Lease occurs other than on the first day or last day of a calendar month, the rent for such month shall be prorated. Notwithstanding the foregoing, the first full month's Basic Rental shall be paid to Landlord in accordance with Article 1.J. of the Basic Lease Provisions.

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Fixed Rent Tenant agrees to pay to Landlord, on the Rent Commencement Date, and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Lease Term, a sum equal to one-twelfth (1/12th) of the Annual Fixed Rent specified in Section 1.1 hereof. Until notice of some other designation is given, fixed rent and all other charges for which provision is herein made shall be paid by remittance to or for the order of Boston Properties Limited Partnership, as agent of Landlord. All remittances received by BOSTON PROPERTIES LIMITED PARTNERSHIP, as agent as aforesaid, or by any subsequently designated recipient, shall be treated as a payment to Landlord. Annual Fixed Rent for any partial month shall be paid by Tenant to Landlord at such rate on a pro rata basis, and, if the Rent Commencement Date shall be other than the first day of a calendar month, the first payment of Annual Fixed Rent which Tenant shall make to Landlord shall be a payment equal to a proportionate part of such monthly Annual Fixed Rent for the partial month from the Rent Commencement Date to the first day of the succeeding calendar month. Additional Rent payable by Tenant on a monthly basis, as elsewhere provided in this Lease, likewise shall be prorated, and the first payment on account thereof shall be determined in similar fashion and shall commence on the Rent Commencement Date and other provisions of this Lease calling for monthly payments shall be read as incorporating this undertaking by Tenant. Notwithstanding that the payment of Annual Fixed Rent payable by Tenant to Landlord shall not commence until the Rent Commencement Date, Tenant shall be subject to, and shall comply with, all other provisions of this Lease as and at the times provided in this Lease. The Annual Fixed Rent and all other charges for which provision is made in this Lease shall be paid by Tenant to Landlord without setoff, deduction or abatement.

  • Additional Rental Lessee shall pay and discharge, as additional rental (“Additional Rental”), all sums of money required to be paid by Lessee under this Lease which are not specifically referred to as Rental. Lessee shall pay and discharge any Additional Rental when the same shall become due, provided that amounts which are billed to Lessor or any third party, but not to Lessee, shall be paid within thirty (30) days after Lessor’s demand for payment thereof or, if later, when the same are due. In no event shall Lessee be required to pay to Lessor any item of Additional Rental that Lessee is obligated to pay and has paid to any third party pursuant to any provision of this Lease.

  • Minimum Rental Beginning with the Commencement Date and continuing through the Expiration Date or earlier termination of this Lease, Tenant shall pay Minimum Rental in accordance with the schedule set forth in Section 1(g) in equal monthly installments each in advance on or before the first day of each month. If the Commencement Date is a date other than the first day of a calendar month, the Minimum Rental shall be prorated daily from such date to the first day of the next calendar month and paid on or before the Commencement Date.

  • Base Rent Abatement Provided that no Event of Default is then occurring, then during the period beginning on the Expansion Commencement Date and ending on November 14, 2010 (the “Base Rent Abatement Periods”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the 6310 Initial Premises for such Base Rent Abatement Period (the “Base Rent Abatement”). Tenant acknowledges and agrees that notwithstanding such Base Rent Abatement, such abatement of Base Rent shall have no effect on the calculation of any future increases in Base Rent, Operating Expenses or Tax Expenses payable by Tenant pursuant to the terms of the Lease (as hereby amended), which increases shall be calculated without regard to such abatement of Base Rent or corresponding abatement periods. Such Base Rent Abatement has been granted to Tenant as additional consideration for entering into this First Amendment, and for agreeing to pay the “rent” and performing the terms and conditions otherwise required under the Lease, as amended. Notwithstanding anything to the contrary set forth in this Section 4.3, to the extent an Event of Default is then occurring, then Landlord may at its option, by notice to Tenant, elect, in addition to any other remedies Landlord may have under the Lease, one or both of the following remedies: (i) that Tenant shall immediately become obligated to pay to Landlord all Base Rent abated hereunder during the Base Rent Abatement Period, with interest as provided pursuant to the Lease from the date such Base Rent would have otherwise been due but for the abatement provided herein, or (ii) that the dollar amount of the unapplied portion of the Base Rent Abatement as of such Event of Default shall be converted to a credit to be applied to the Base Rent applicable to the Premises at the end of the Expansion Term and Tenant shall immediately be obligated to begin paying Base Rent for the entire Premises in full.

  • Monthly Rent The rent payable pursuant to Paragraph 5.A., as adjusted from time to time pursuant to the terms of this Lease.

  • Base Rent Adjustment (a) The BASE RENT (subject to adjustment as set forth in Section 1.08(a) above) payable during the EXTENDED TERM, subject to the provisions of part (b) of this Section 3.03, shall be increased from the BASE RENT payable immediately prior to the first month of the EXTENDED TERM to the then fair market rental rate determined in connection with part (b) of this Section 3.03.

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