Common Area Fee Sample Clauses

Common Area Fee. Seller represents that the current monthly common expense assessment applicable to the Unit is $ (the “Monthly Fee”). Furthermore, Xxxxx expressly acknowledges that the Condominium Documents require Buyer to pay in a sum equal to twice the Monthly Fee to the Condominium at closing as the first Grantee of the Unit.
Sample 1Sample 2
AutoNDA by SimpleDocs
Common Area Fee. IPTLH shall share with all other tenants in Innovation Park/Tallahassee the cost of the maintenance and management of Innovation Park/Tallahassee of which the Property is a part. IPTLH shall pay in full the amount of the common area fee assessed annually on a per acre basis by LCRDA (the “Common Area Fee”). The Common Area Fee may be increased or decreased each year based upon the actual cost of the maintenance and management of Innovation Park/Tallahassee, at the option of the LCRDA.
Sample 1
Common Area Fee. Lessee shall pay its pro rata share of costs (based on the ratio of the area of the improvements at the Premises bears to the area of all buildings at the Airport) relating to Lessor’s maintenance, repair, replacement and operation of landside common usage areas of the Airport, as reasonably determined by Lessor from time to time. (There is no Common Area Fee currently implemented. It is a possibility in the future as improvements are made.)
Sample 1

Related to Common Area Fee

  • Common Areas Tenant shall have the non-exclusive right to use in common with other tenants in the Project, and subject to the Rules and Regulations referred to in Article 5 of this Lease, those portions of the Project which are provided, from time to time, for use in common by Landlord, Tenant and any other tenants of the Project (such areas, together with such other portions of the Project designated by Landlord, in its discretion, including certain areas designated for the exclusive use of certain tenants, or to be shared by Landlord and certain tenants, are collectively referred to herein as the “Common Areas”). The Common Areas shall consist of the “Project Common Areas” and the “Building Common Areas.” The term “Project Common Areas,” as used in this Lease, shall mean the portion of the Project designated as such by Landlord or areas within the Project that the occupants of the Building are permitted to utilize pursuant to a recorded declaration and which areas shall be maintained in accordance with the declaration. The term “Building Common Areas,” as used in this Lease, shall mean the portions of the Common Areas located within the Building reasonably designated as such by Landlord. The manner in which the Common Areas are maintained and operated shall be at the reasonable discretion of Landlord and the use thereof shall be subject to the Rules and Regulations as Landlord may make from time to time. Landlord reserves the right to close temporarily, make alterations or additions to, or change the location of elements of the Project and the Common Areas, provided that, in connection therewith, Landlord shall perform such closures, alterations, additions or changes in a commercially reasonable manner and, in connection therewith, shall use commercially reasonable efforts to minimize any material interference with Tenant’s use of and access to the Premises.

  • Additional Rent In addition to Base Rent, Tenant agrees to pay to Landlord as additional rent (“Additional Rent”): (i) Tenant’s Share of “Operating Expenses” (as defined in Section 5), and (ii) any and all other amounts Tenant assumes or agrees to pay under the provisions of this Lease, including, without limitation, any and all other sums that may become due by reason of any default of Tenant or failure to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after any applicable notice and cure period.

  • 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.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!