Common use of Components of Rent Clause in Contracts

Components of Rent. Tenant hereby agrees to pay to Landlord as rent for the Leased Premises an amount composed of the aggregate of the components of rent hereinafter identified and defined as “Basic Annual Rent” and Tenant’s share of “Excess Operating Costs”. The aggregate of all such rentals may be referred to hereinafter as “Rental”. The annual Rental shall be due and payable in twelve (12) equal installments on the first day of each calendar month during the term of this Lease. Tenant hereby agrees to pay the monthly Rental installments to Landlord as provided in Item M Section 1.02 of this Lease or at such other location as Landlord may designate in writing from time to time, in advance without demand and without any deduction, abatement, counterclaim or set off except as expressly provided in this Lease. In the event of a partial month at the beginning of the term of this Lease, the Rental and any other charges or costs, payable by Tenant shall be prorated on the basis of a thirty (30) day month. Any portion of the monthly Rental installments not paid within ten (10) days of when due shall bear a delinquency charge equal to five percent (5%) of the amount of the Rental due and unpaid multiplied by the number of months or fraction thereof, during which time such Rental remains overdue. All Rental and other charges payable by Tenant pursuant to the terms of this Lease shall be payable without relief from valuation and appraisement laws, and with reasonable attorneys’ fees and costs of collection.

Appears in 1 contract

Samples: Office Lease (Wells Real Estate Fund Xiii L P)

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Components of Rent. Tenant hereby agrees to pay to Landlord ------------------- as rent for the Leased Premises an amount composed of the aggregate of the components of rent hereinafter identified and defined as "Basic Annual Rent" and Tenant’s 's share of "Excess Operating Costs". The aggregate of all such rentals may be referred to hereinafter as "Rental". The annual Rental shall be due and payable in twelve (12) equal installments on the first day of each calendar month during the term of this Lease. Tenant hereby agrees to pay the monthly Rental installments to Landlord as at the address provided in Item M Section 1.02 of this Lease or at such other location as Landlord may designate in writing from time to time, in advance without demand and without any deduction, abatement, counterclaim or set off except as expressly provided in this Leaseoff. In the event of a partial month at the beginning or end of the term of this LeaseTerm, the Rental and any other charges or costs, payable by Tenant shall be prorated on the basis of a thirty (30) day month. Any portion of the monthly Rental installments not paid within ten (10) five days of when the date due shall bear bears a delinquency charge equal to five percent (5%) of the amount of the Rental due and unpaid multiplied by the number of months or fraction thereof, during which time such Rental remains overdue. All Rental and other charges payable by Tenant pursuant to the terms of this Lease shall be payable without relief from valuation and appraisement laws, and with reasonable attorneys' fees and costs of collection.

Appears in 1 contract

Samples: Lease Agreement (Bindley Western Industries Inc)

Components of Rent. Tenant hereby agrees to pay to Landlord as rent for the Leased Premises an amount composed of the aggregate of the components of rent hereinafter identified and defined as “Basic Annual Rent” and Tenant’s share of “Excess Operating Costs”. The aggregate of all such rentals may be referred to hereinafter as “Rental”. The annual Rental shall be due and payable in twelve 12 (12Twelve) equal monthly installments on the first day of each calendar month during the term of this LeaseLease Term. Tenant hereby agrees to pay the monthly Rental installments to Landlord as provided in Item M Section 1.02 of this the Basic Lease Provisions or at such other location as Landlord may designate in writing from time to time, in advance without demand and without any deduction, abatement, counterclaim or set off except as expressly provided in this Leaseoff. In the event of a partial month at the beginning or end of the term of this LeaseLease Term, the Rental and any other charges or costs, payable by Tenant shall be prorated on the basis of a thirty (30) day month. The partial month rent payment due at Lease signing is $252.00. Any portion of the monthly Rental installments not paid within ten (10) days on, or before, the 10th day of when due each calendar month shall bear a delinquency charge equal to five ten percent (510%) of the amount of the Rental rental due and unpaid multiplied by the number of months or fraction thereof, during which time such Rental remains rental amounts remain overdue. All Rental and other charges payable by Tenant pursuant to the terms of this Lease shall be payable without relief from valuation and appraisement laws, and with reasonable attorneys’ attorney’s fees and costs of collection.

Appears in 1 contract

Samples: Office Lease

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Components of Rent. Tenant hereby agrees to pay to Landlord as rent for the Leased Premises an amount composed of the aggregate of the components of rent hereinafter identified and defined as "Basic Annual Rent" and Tenant’s 's share of "Excess Operating Costs". The aggregate of all such rentals may be referred to hereinafter as "Rental". The annual Rental shall be due and payable in twelve (12) equal installments on the first day of each calendar month during the term of this Lease. Tenant hereby agrees to pay the monthly Rental installments to Landlord as provided in Item M Section 1.02 of this Lease or at such other location as Landlord may designate in writing from time to time, in advance without demand and without any deduction, abatement, counterclaim or set off except as expressly provided in this Lease. In the event of a partial month at the beginning of the term of this Lease, the Rental and any other charges or costs, payable by Tenant shall be prorated on the basis of a thirty (30) day month. Any portion of the monthly Rental installments not paid within ten (10) days of when due shall bear a delinquency charge equal to five percent (5%) of the amount of the Rental due and unpaid multiplied by the number of months or fraction thereof, during which time such Rental remains overdue. All Rental and other charges payable by Tenant pursuant to the terms of this Lease shall be payable without relief from valuation and appraisement laws, and with reasonable attorneys' fees and costs of collection.

Appears in 1 contract

Samples: Office Lease (Idg Books Worldwide Inc)

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