Beginning on the Rent Commencement Date Sample Clauses

Beginning on the Rent Commencement Date. Tenant shall pay, without prior notice or demand, to Landlord or Landlord’s agent at the management office of the Project, or, at Landlord’s option, at such other place as Landlord may from time to time designate in advance and in writing, (i) by a check for currency which, at the time of payment, is legal tender for private or public debts in the United States of America, or (ii) if so elected by Tenant, by electronic funds transfer to the account of Landlord as provided to Tenant, base rent (“Base Rent”) as set forth in Section 4 of the Summary, payable in equal monthly installments as set forth in Section 4 of the Summary in advance on or before the first day of each and every calendar month during the Lease Term, without any setoff or deduction whatsoever. The Base Rent for the first full month of the Lease Term shall be paid at the time of Tenant’s execution of this Lease. If any Rent payment date (including the Rent Commencement Date) falls on a day of the month other than the first day of such month or if any payment of Rent is for a period which is shorter than one month, the Rent for any fractional month shall accrue on a daily basis for the period from the date such payment is due to the end of such calendar month or to the end of the Lease Term at a rate per day which is equal to 1/365 of the applicable annual Rent. All other payments or adjustments required to be made under the terms of this Lease that require proration on a time basis shall be prorated on the same basis. Base Rent and Additional Rent, as defined below, shall together be denominated “Rent.” Without limiting the foregoing, Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by any law or regulation now or hereafter applicable to the Premises, or any other restriction on Tenant’s use, or (except as expressly provided herein) any casualty or taking, or any failure by Landlord to perform any covenant contained herein, or any other occurrence.
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Beginning on the Rent Commencement Date and continuing throughout the Term and any extensions thereof, Tenant shall pay to Landlord, as additional rent, Tenant’s Pro Rata Share of the Operating Expenses incurred for each calendar year (or portion thereof). Tenant’s Pro Rata Share is set forth in Section 1.11 hereof.
Sample 1
Beginning on the Rent Commencement Date in the event that the Taxes imposed with respect to the Commercial Unit shall be greater during any Tax Period than the Base Tax Amount: (i) Tenant shall pay to Landlord, as additional rent, Txxxxx's Share of the amount by which the Taxes imposed with respect to the Commercial Unit for such Tax Period exceed the Base Tax Amount, apportioned for any fraction of a Tax Period contained within the Term, and (ii) Landlord shall submit to Tenant a statement setting forth the amount of such additional rent, and within ten (10) days after the delivery of such statement (whether or not such statement shall be timely), Tenant shall pay to Landlord the payment required under subparagraph (i) above. So long as Taxes shall be payable in installments under applicable law, Landlord may submit such statements to Tenant in similar installments. The failure by Landlord to send any statement required by this subparagraph shall not be deemed to be a waiver of Landlord’s right to send such statement.
Sample 1
Beginning on the Rent Commencement Date. Operating Cost Share -------------------- Rent equal to (i) Tenant's Proportionate Share (as set forth in the Schedule) of ---- Operating Costs for the applicable Fiscal Year (as defined in Section 2.3(e) below), plus (ii) management fees equal to three percent (3%) of the total Rent payable under this Lease for the applicable Fiscal Year, paid monthly in advance in an estimated amount. The definition of Operating Costs and the method for billing and payment of Operating Cost Share Rent are set forth in Sections 2.2, 2.3 and 2.4.
Sample 1
Beginning on the Rent Commencement Date the Lessee covenants and agrees to pay to Lessor minimum rent (hereinafter called "Base Rent") for the Demised Premises of Seven Hundred Ninety Two Thousand Nine Hundred Eighty Eight Dollars(S792,988.00) ($14.00 per rentable square foot per year) for the first year of the term hereof and One Million Five Hundred Fifteen Thousand One Hundred Seventy Three and 50/100 Dollars(S1,515,173.50) ($26.75 per rentable square foot per year) for the second through the fifth years of the term, which shall be payable in equal monthly installments as follows: Rent for any partial month shall be prorated and paid on the first of that month. All monthly payments are due and payable in advance on the first day of each calendar month, without demand, deduction, counterclaim or setoff except as otherwise expressly provided in this Lease. The "Rent Commencement Date" shall be the date that is 30 days after the Commencement Date. If the Rent Commencement Date is other than the first day of the month, then, with respect to such month, Lessee shall pay to Lessor the Pro-Rated Base Rent, as defined herein, on the Rent Commencement Date. The "Pro-Rated Base Rent" for such month shall be an amount equal to the product of (i) the Base Rent that would be otherwise payable under the Lease for such month times (ii) the number of days remaining in such month divided by 30. (a) The Lessee shall pay as additional rent to the Lessor 29.8% ("Lessee's Share") off (i) Taxes (as defined below) in excess of $2.40 per square foot and (ii) Operating Expenses (as defined below) in excess of the Operating Expenses actually incurred by Lessor with respect to the Premises for calendar year 2000 (in both cases extrapolated (i.e., grossed-up) as set forth in clause (b) below). If Taxes for the Fiscal Year 2000 shall be less than $2.40 per square foot, then Lessee shall be entitled to a rent credit for (i) the portion of the Fiscal Year 2000 included in the first lease year of the Term equal to (x) the Pro-Rata Factor, as defined below', multiplied by (y) the difference between the actual amount of Taxes for Fiscal Year 2000 and $2.40 per square foot but, in any event, such credit shall not exceed the Pro-Rata Factor multiplied by $1.00 per square foot and (ii) the portion of the Fiscal Year 2001 included in the first lease year of the Term equal to (x) the Pro-Rata Fact or, as defined below, multiplied by (y) the difference between the actual amount of Taxes for Fiscal Year 2001 and $2.40 per square foo...
Sample 1
Beginning on the Rent Commencement Date specified in the Basic Lease Information, Tenant shall pay to Landlord as annual minimum rent for 'the Premises the sum specified in the Basic Lease Information as "Base Rent." Base Rent shall be payable in equal monthly installments on or before the Rent Commencement Date and or before the first day of each and every successive calendar month thereafter. Base Rent shall be paid to Landlord, without any demand and without any deduction or offset whatsoever, in lawful money of the United States of America at the address for Landlord specified in the Basic Lease Information, or to such other person or at such other place as Landlord may from time to time designate by notice to Tenant.
Sample 1
Beginning on the Rent Commencement Date and continuing throughout the Sublease Term, Subtenant agrees to pay to Sublandlord as rent ("Base Rent") the amounts set forth in Section 1.1 hereof. Base Rent is payable in advance and without demand, at Sublandlord's office (or such other location as Sublandlord shall designate) in equal monthly installments, on the first day of each month during the Sublease Term, without any set-off, off-set, abatement or reduction whatsoever, except as specifically provided herein. If the Sublease Term commences other than on the first day of a month or ends other than on the last day of the month, the Base Rent for such month shall be prorated. The Prepaid Base Rent shall be paid upon Subtenant's execution of this Sublease.
Sample 1
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Beginning on the Rent Commencement Date. Tenant hereby covenants and agrees to pay, when due, the Basic Rent and all Additional Rent as herein provided. Basic Rent shall be payable in equal monthly installments of (i) Seven Thousand Four Hundred Twenty-Two and 63/100 ($7,422.63) Dollars on the first day of each month during Lease Year 1; (ii) Eight Thousand Four and 79/100 ($8,004.79) Dollars on the first day of each month during Lease Years 2 and 3; and (iii) Eight Thousand Two Hundred Ninety-Five and 88/100 ($8,295.88) Dollars on the first day of each month during Lease Years 4 and 5, all shall be paid in advance, without set-off, demand or deduction, at the office of Landlord, or such other place as Landlord may designate. Notwithstanding any provision hereof, Basic Rent for the first complete calendar month of the Term shall be paid upon execution hereof and Landlord hereby acknowledges receipt thereof.
Sample 1

Related to Beginning on the Rent Commencement Date

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans; the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Commencement Date The Subcontractor shall be permitted to begin the Services on ______________________, 20____ (“Commencement Date”).

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) the later to occur of (A) November 1, 2018 and (B) the date upon which the Premises are Ready for Occupancy (as that term is defined in Section 5.1 of the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”)).

  • Beginning (i) no earlier than eleven (11) weeks before the expected birth date, and (ii) no later than the actual birth date, and

  • Term Commencement Date The date that the Premises are Ready For Occupancy (as defined in Exhibit D attached hereto), which Term Commencement Date is anticipated to be August 1, 2015. In the event Landlord fails to deliver the Premises to Tenant with the Tenant Improvements Substantially Complete on or before November 1, 2015 ("First Outside Date") as such First Outside Date shall be extended due to Force Majeure delays and Tenant Delays, Tenant will be entitled to one day of free Monthly Base Rent, to be applied after the Term Commencement Date, for each day after such First Outside Date that the Premises are not delivered to Tenant as required hereunder. In the event fails to deliver the Premises to Tenant with the Tenant Improvements Substantially Complete on or before December 1, 2015 ("Second Outside Date"), as such Second Outside Date shall be deemed extended due to Force Majeure delays and Tenant Delays, Tenant may terminate this Lease by delivery of written notice to Landlord no later than that date which is five (5) business days after such Second Outside Date, in which case Landlord will immediately refund all amounts paid by Tenant pursuant to this Lease and Tenant shall have no further obligations to Landlord pursuant to this Lease except for those obligations which expressly survive the expiration or sooner termination of this Lease.

  • Vesting Commencement Date Exercise Price per Share: Total Number of Shares Subject to the Option: Total Exercise Price: Expiration Date:

  • Holiday Falling on a Scheduled Workday An Employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double time and one-half (2½) for hours worked, plus a day off subject to this Agreement.

  • COMMENCEMENT/EXPIRATION DATE This agreement is executed as of the date of the last signature and is effective through at which time it will expire. The expiration date is the final date for completion of all work activities under this agreement.

  • Month A period commencing at 10:00 a.m., Eastern Standard Time, on the first Day of a calendar month and extending until 10:00 a.m., Eastern Standard Time, on the first Day of the next succeeding calendar month. Monthly shall have the correlative meaning.

  • Start Date The parental leave must begin no later than 52 weeks after the day the child is born or comes into the custody, care and control of the parent for the first time for provincially or federally regulated employees. The parental leave of an employee who takes a pregnancy leave must begin when the pregnancy leave ends unless the child has not yet come into the care and control of the parent for the first time.

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