Common use of BASIC RENTAL FOR FIRST EXTENDED TERM OF LEASE Clause in Contracts

BASIC RENTAL FOR FIRST EXTENDED TERM OF LEASE. The monthly Basic Rental for the First Extended Term of Lease shall be as follows: On October 1, 2006, the sum of THREE HUNDRED EIGHT THOUSAND NINE HUNDRED THREE AND NO/100 DOLLARS ($308,903.00) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2007. On October 1, 2007, the sum of THREE HUNDRED SEVENTEEN THOUSAND SEVEN HUNDRED TWENTY EIGHT AND 80/100 DOLLARS ($317,728.80) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2008. On October 1, 2008, the sum of THREE HUNDRED TWENTY SIX THOUSAND FIVE HUNDRED FIFTY FOUR AND 60/100 DOLLARS ($326,554.60) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2009. On October 1, 2009, the sum of THREE HUNDRED THIRTY FIVE THOUSAND THREE HUNDRED EIGHTY AND 40/100 DOLLARS ($335,380.40) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2010. On October 1, 2010, the sum of THREE HUNDRED FORTY FOUR THOUSAND TWO HUNDRED SIX AND 20/100 DOLLARS ($344,206.20) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2011. The Aggregate Basic Rent for the Lease shall be increased by $19,593,276.00 or from $44,409,491.18 to $64,002,767.18.

Appears in 1 contract

Samples: Lease Agreement (Quantum Corp /De/)

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BASIC RENTAL FOR FIRST EXTENDED TERM OF LEASE. The monthly Basic Rental for the First Extended Term of Lease shall be as follows: On October 1, 2006, the sum of THREE ONE HUNDRED ELEVEN THOUSAND EIGHT THOUSAND NINE HUNDRED THREE THIRTY EIGHT AND NO/100 08/100 DOLLARS ($308,903.00111,838.08) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2007. On October 1, 2007, the sum of THREE ONE HUNDRED SEVENTEEN FOURTEEN THOUSAND SEVEN EIGHT HUNDRED TWENTY EIGHT FORTY FOUR AND 80/100 48/100 DOLLARS ($317,728.80114,844.48) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2008. On October 1, 2008, the sum of THREE ONE HUNDRED TWENTY SIX SEVENTEEN THOUSAND FIVE EIGHT HUNDRED FIFTY FOUR AND 60/100 88/100 DOLLARS ($326,554.60117,850.88) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2009. On October 1, 2009, the sum of THREE ONE HUNDRED THIRTY FIVE TWENTY THOUSAND THREE EIGHT HUNDRED EIGHTY FIFTY SEVEN AND 40/100 28/100 DOLLARS ($335,380.40120,857.28) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2010. On October 1, 2010, the sum of ONE HUNDRED TWENTY THREE THOUSAND EIGHT HUNDRED FORTY FOUR THOUSAND TWO HUNDRED SIX SIXTY THREE AND 20/100 68/100 DOLLARS ($344,206.20123,863.68) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2011. The Aggregate Basic Rent for the Lease shall be increased by $19,593,276.00 7,071,052.80 or from $44,409,491.18 14,463,454.34 to $64,002,767.1821,534,507.14.

Appears in 1 contract

Samples: Lease Agreement (Maxtor Corp)

BASIC RENTAL FOR FIRST EXTENDED TERM OF LEASE. The monthly Basic Rental for the First Extended Term of Lease shall be as follows: On October 1, 2006, the sum of THREE TWO HUNDRED EIGHT SEVENTY TWO THOUSAND NINE FIVE HUNDRED THREE THIRTY FOUR AND NO/100 50/100 DOLLARS ($308,903.00272,534.50) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2007. On October 1, 2007, the sum of TWO HUNDRED EIGHTY THOUSAND THREE HUNDRED SEVENTEEN THOUSAND SEVEN HUNDRED TWENTY EIGHT ONE AND 80/100 20/100 DOLLARS ($317,728.80280,321.20) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2008. On October 1, 2008, the sum of THREE TWO HUNDRED TWENTY SIX EIGHTY EIGHT THOUSAND FIVE ONE HUNDRED FIFTY FOUR SEVEN AND 60/100 90/100 DOLLARS ($326,554.60288,107.90) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2009. On October 1, 2009, the sum of THREE TWO HUNDRED THIRTY NINETY FIVE THOUSAND THREE EIGHT HUNDRED EIGHTY NINETY FOUR AND 40/100 60/100 DOLLARS ($335,380.40295,894.60) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2010. On October 1, 2010, the sum of THREE HUNDRED FORTY FOUR THREE THOUSAND TWO SIX HUNDRED SIX EIGHTY ONE AND 20/100 30/100 DOLLARS ($344,206.20303,681.30) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2011. The Aggregate Basic Rent for the Lease shall be increased by $19,593,276.00 17,286,474.00 or from $44,409,491.18 39,587,582.80 to $64,002,767.18.56,874,056.80. Quantum 2

Appears in 1 contract

Samples: Lease Agreement (Maxtor Corp)

BASIC RENTAL FOR FIRST EXTENDED TERM OF LEASE. The monthly Basic Rental for the First Extended Term of Lease shall be as follows: On October 1, 2006, the sum of THREE TWO HUNDRED EIGHT SEVENTY TWO THOUSAND NINE FIVE HUNDRED THREE THIRTY FOUR AND NO/100 50/100 DOLLARS ($308,903.00272,534.50) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2007. On October 1, 2007, the sum of TWO HUNDRED EIGHTY THOUSAND THREE HUNDRED SEVENTEEN THOUSAND SEVEN HUNDRED TWENTY EIGHT ONE AND 80/100 20/100 DOLLARS ($317,728.80280,321.20) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2008. On October 1, 2008, the sum of THREE TWO HUNDRED TWENTY SIX EIGHTY EIGHT THOUSAND FIVE ONE HUNDRED FIFTY FOUR SEVEN AND 60/100 90/100 DOLLARS ($326,554.60288,107.90) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2009. On October 1, 2009, the sum of THREE TWO HUNDRED THIRTY NINETY FIVE THOUSAND THREE EIGHT HUNDRED EIGHTY NINETY FOUR AND 40/100 60/100 DOLLARS ($335,380.40295,894.60) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2010. On October 1, 2010, the sum of THREE HUNDRED FORTY FOUR THREE THOUSAND TWO SIX HUNDRED SIX EIGHTY ONE AND 20/100 30/100 DOLLARS ($344,206.20303,681.30) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2011. The Aggregate Basic Rent for the Lease shall be increased by $19,593,276.00 17,286,474.00 or from $44,409,491.18 39,587,582.80 to $64,002,767.1856,874,056.80.

Appears in 1 contract

Samples: Lease Agreement (Quantum Corp /De/)

BASIC RENTAL FOR FIRST EXTENDED TERM OF LEASE. The monthly Basic Rental for the First Extended Term of Lease shall be as follows: On October 1, 2006, the sum of THREE ONE HUNDRED ELEVEN THOUSAND EIGHT THOUSAND NINE JA Initial: ALK ------- Quantum 3 HUNDRED THREE THIRTY EIGHT AND NO/100 08/100 DOLLARS ($308,903.00111,838.08) shall be due, and a like sum due on the first day of each month thereafter through and including September 1l, 2007. On October 1l, 2007, the sum of THREE ONE HUNDRED SEVENTEEN FOURTEEN THOUSAND SEVEN EIGHT HUNDRED TWENTY EIGHT FORTY FOUR AND 80/100 48/100 DOLLARS ($317,728.80114,844.48) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2008. On October 1l, 2008, the sum of THREE ONE HUNDRED TWENTY SIX SEVENTEEN THOUSAND FIVE EIGHT HUNDRED FIFTY FOUR AND 60/100 88/100 DOLLARS ($326,554.60117,850.88) shall be due, and a like sum due on the first day of each month thereafter through and including September 1l, 2009. On October 1l, 2009, the sum of THREE ONE HUNDRED THIRTY FIVE TWENTY THOUSAND THREE EIGHT HUNDRED EIGHTY FIFTY SEVEN AND 40/100 28/100 DOLLARS ($335,380.40120,857.28) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2010. On October 1l, 2010, the sum of ONE HUNDRED TWENTY THREE THOUSAND EIGHT HUNDRED FORTY FOUR THOUSAND TWO HUNDRED SIX SIXTY THREE AND 20/100 68/100 DOLLARS ($344,206.20123,863.68) shall be due, and a like sum due on the first day of each month thereafter through and including September 1l, 2011. The Aggregate Basic Rent for the Lease shall be increased by $19,593,276.00 7,071,052.80 or from $44,409,491.18 14,463,454.34 to $64,002,767.1821,534,507.14.

Appears in 1 contract

Samples: Lease Agreement (Quantum Corp /De/)

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BASIC RENTAL FOR FIRST EXTENDED TERM OF LEASE. The monthly Basic Rental for the First Extended Term of Lease shall be as follows: On October 1, 2006, the sum of THREE ONE HUNDRED EIGHT EIGHTY FIVE THOUSAND NINE TWO HUNDRED THREE NINETY TWO AND NO/100 99/100 DOLLARS ($308,903.00185,292.99) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2007. On October 1, 2007, the sum of ONE HUNDRED NINETY THOUSAND THREE HUNDRED SEVENTEEN THOUSAND SEVEN HUNDRED TWENTY EIGHT FIFTY FIVE AND 80/100 64/100 DOLLARS ($317,728.80190,355.64) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2008. On October 1, 2008, the sum of THREE ONE HUNDRED TWENTY SIX NINETY FIVE THOUSAND FIVE FOUR HUNDRED FIFTY FOUR EIGHTEEN AND 60/100 29/100 DOLLARS ($326,554.60195,418.29) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2009. On October 1, 2009, the sum of THREE TWO HUNDRED THIRTY FIVE THOUSAND THREE FOUR HUNDRED EIGHTY AND 40/100 94/100 DOLLARS ($335,380.40200,480.94) shall be due, and a like sum due on the first day of each month thereafter through and including September 1I, 2010. On October 1, 2010, the sum of THREE TWO HUNDRED FIVE THOUSAND FIVE HUNDRED FORTY FOUR THOUSAND TWO HUNDRED SIX THREE AND 20/100 59/100 DOLLARS ($344,206.20205,543.59) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2011. The Aggregate Basic Rent for the Lease shall be increased by $19,593,276.00 11,725,097.40 or from $44,409,491.18 25,686,182.83 to $64,002,767.1837,411,280.23.

Appears in 1 contract

Samples: Lease Agreement (Maxtor Corp)

BASIC RENTAL FOR FIRST EXTENDED TERM OF LEASE. The monthly Basic Rental for the First Extended Term of Lease shall be as follows: On October 1, 2006, the sum of THREE ONE HUNDRED EIGHT EIGHTY FIVE THOUSAND NINE TWO Quantum 4 HUNDRED THREE NINETY TWO AND NO/100 99/100 DOLLARS ($308,903.00185,292.99) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2007. On October 1, 2007, the sum of ONE HUNDRED NINETY THOUSAND THREE HUNDRED SEVENTEEN THOUSAND SEVEN HUNDRED TWENTY EIGHT FIFTY FIVE AND 80/100 64/100 DOLLARS ($317,728.80190,355.64) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2008. On October 1, 2008, the sum of THREE ONE HUNDRED TWENTY SIX NINETY FIVE THOUSAND FIVE FOUR HUNDRED FIFTY FOUR EIGHTEEN AND 60/100 29/100 DOLLARS ($326,554.60195,418.29) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2009. On October 1, 2009, the sum of THREE TWO HUNDRED THIRTY FIVE THOUSAND THREE FOUR HUNDRED EIGHTY AND 40/100 94/100 DOLLARS ($335,380.40200,480.94) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 2010. On October 1, 2010, the sum of THREE TWO HUNDRED FIVE THOUSAND FIVE HUNDRED FORTY FOUR THOUSAND TWO HUNDRED SIX THREE AND 20/100 59/100 DOLLARS ($344,206.20205,543.59) shall be due, and a like sum due on the first day of each month thereafter through and including September 1, 20111,2011. The Aggregate Basic Rent for the Lease shall be increased by $19,593,276.00 11,725,097.40 or from $44,409,491.18 25,686,182.83 to $64,002,767.1837,411,280.23.

Appears in 1 contract

Samples: Lease Agreement (Quantum Corp /De/)

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