Definition of Rent. The term “Rent” collectively refers to Base Rent, Overhead Rent and Additional Rent. The term “Additional Rent” is sometimes used herein to refer to any and all other sums payable by Tenant hereunder, including, but not limited to, sums payable on account of default by Tenant. All Rent shall be paid by Tenant without offset or other credit and shall be payable only in lawful money of the United States of America which shall be legal tender in payment of all debts and dues, public and private, at the time of payment. All sums payable by Tenant hereunder by check shall be obtained against a financial institution located in the United States of America. Tenant’s obligations to pay Rent are covenants independent of Landlord’s obligations under this Lease. The Rent shall be paid by Tenant at the Building management office located in the Building or elsewhere as designated by Landlord in writing to Tenant. Any Rent payable for a portion of a month shall be prorated based upon the number of days in the applicable calendar month.
Appears in 4 contracts
Samples: Lease Agreement, Lease Agreement, Summit Financial Services Group Inc
