DEMISE, PREMISES, TERM, RENT Sample Clauses

DEMISE, PREMISES, TERM, RENT. 1.1 Landlord hereby leases to Tenant and Tenant hereby hires from Landlord a portion of the fourteenth (14th) floor also known as Suite 1401 and as further described on Exhibit 1 annexed hereto and made a part hereof (hereinafter called, the “Premises”) in the building known as 0000 Xxxxxxxx, xx xxx Xxxxxxx xx Xxxxxxxxx, Xxxx, Xxxxxx and State of New York (said building is hereinafter called, the “Building” and the Building, together with the plot of land upon which it stands, is hereinafter called, the “Real Property”) for a term (hereinafter called, the “Term”) to commence on the Commencement Date (hereinafter defined) and to end on the Expiration Date (hereinafter defined) both dates inclusive unless the Term shall sooner end pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law for the Rent herein reserved. Tenant agrees to pay the Rent provided for herein in lawful money of the United States which shall be legal tender in payment of all debts and dues, public and private, at the time of payment, in equal monthly installments, in advance, on the first (1st) day of each calendar month during the Term from and after the Commencement Date at the office of Landlord or such other place as Landlord may designate, without any set-off, offset, abatement or deduction whatsoever (except as otherwise expressly provided for in this Lease), provided, however, that Tenant shall pay the first monthly installment on the execution of this Lease. The Rent for any portion of a calendar month included in the Term shall be prorated in the ratio that the number of days in such portion bears to the actual number of days in such month. If, on the Rent Commencement Date, or thereafter, Tenant shall be in default in the payment of Rent to Landlord pursuant to the terms of another lease of space in the Building with Landlord or with Landlord’s predecessor-in-interest, Landlord may, at Landlord’s option and without notice to Tenant, add the amount of such arrearages to any monthly installment of the Rent and the same shall be payable to Landlord as additional rent. 1.2 The following definitions contained in this Section 1.2 of this Article I shall have the meanings hereinafter set forth used throughout this Lease, Exhibits, Schedules, and Riders (if any).

DEMISE, PREMISES, TERM, RENT. SECTION 2.1. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord the Premises for the Initial Term to commence on the Commencement Date and to end on the Fixed Expiration Date, unless earlier terminated as provided herein and subject to the renewal options provided for in Article 26 below.

DEMISE, PREMISES, TERM, RENT. SECTION 2.1. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord the Premises for the Term to commence on the Commencement Date and to end on the Fixed Expiration Date, unless earlier terminated as provided herein. SECTION 2.2. Commencing upon the Commencement Date, Tenant shall pay to Landlord, in lawful money of the United States of America, without notice or demand, by good and sufficient check at the office of Landlord or at such other place as Landlord may designate from time to time, the following: (A) the Fixed Rent, as such term is defined in Article 1 hereof, which shall be payable in equal monthly installments in advance on the first day of each and every calendar month during the Term, and (B) additional rent ("ADDITIONAL RENT") consisting of all other sums of money as shall become due from and be payable by Tenant hereunder (for default in the payment of which Landlord shall have the same remedies as for a default in the payment of Fixed Rent). SECTION 2.3. If the Commencement Date is other than the first day of a calendar month, or the Fixed Expiration Date is other than the last day of a calendar month, Fixed Rent for such month shall be prorated on a per diem basis. SECTION 2.4. Tenant shall pay the Fixed Rent and Additional Rent when due without notice, demand (except as provided herein) and without abatement, deduction, counterclaim, setoff or defense of any nature.

DEMISE, PREMISES, TERM, RENT. Section 1.1 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Premises, for the Term to commence on the Commencement Date and to end on the Expiration Date, at an annual rent (“Fixed Rent”) as follows: (a) [*] and [*]/100 Dollars ($[*]) per annum ($[*] per month) for the period commencing on the Commencement Date and ending on [*]; (b) [*] and [*]/100 Dollars ($[*]) per annum ($[*] per month) for the period commencing on [*] and ending on [*]; (c) [*] and [*]/100 Dollars ($1,851,036.00) per annum ($[*] per month) for the period commencing on [*] and ending on [*]; (d) [*] and [*]/100 Dollars ($[*]) per annum ($[*] per month) for the period commencing on [*] and ending on [*]; and (e) [*] and [*]/100 Dollars ($[*]) per annum ($[*] per month) for the period commencing on [*] and ending on the Expiration Date; which Tenant agrees to pay to Landlord, without notice or demand, in lawful money of the United States, in monthly installments in advance on the first (1st) day of each calendar month during the Term, at the office of Landlord or such other place as Landlord may designate, without any set-off, offset, abatement or deduction whatsoever. Fixed Rent and Additional Rent shall be payable by check drawn upon a bank which is a member of the New York Clearinghouse Association or by wire transfer of immediately available funds. Section 1.2 Notwithstanding anything to the contrary contained herein, upon execution and delivery of this Lease, Tenant shall pay to Landlord the sum of [*] and [*]/100 Dollars ($[*]) representing a portion of the installment of Fixed Rent for the first (1st) full calendar month of the Term after the Commencement Date. * CONFIDENTIAL TREATMENT REQUESTED. CONFIDENTIAL PORTION HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. Section 1.3 Tenant represents and warrants to Landlord that (i) this Lease constitutes a transaction entered into in the ordinary course of Tenant’s business, and (ii) the creditors’ committee in the Bankruptcy Case has been given the opportunity to review this Lease prior to the execution hereof by Tenant. In reliance on the foregoing representation, Landlord has agreed to waive any requirement that Tenant obtain the approval of the Bankruptcy Court and/or of any creditors’ committee or any other parties to the Bankruptcy Case other than STT.

DEMISE, PREMISES, TERM, RENT. Section 1.1 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Premises, for the Term to commence on the Commencement Date and to end on the Expiration Date, at an annual rent (“Fixed Rent”) as follows: (a) One Million Seven Hundred Thousand Nine Hundred Fifty-Two and 00/100 Dollars ($1,700,952.00) per annum ($141,746.00 per month) for the period commencing on the Commencement Date and ending on December 31, 2004; (b) One Million Eight Hundred Fifty Thousand and 00/100 Dollars ($1,850,000.00) per annum ($154,166.67 per month) for the period commencing on January 1, 2005 and ending on April 30, 2005; (c) One Million Eight Hundred Fifty-One Thousand Thirty-Six and 00/100 Dollars ($1,851,036.00) per annum ($154,253.00 per month) for the period commencing on May 1, 2005 and ending on December 31, 2008; (d) Two Million Fifty Thousand and 00/100 Dollars ($2,050,000.00) per annum ($170,833.33 per month) for the period commencing on January 1, 2009 and ending on April 30, 2009; and (e) Two Million Fifty-One Thousand One Hundred Forty-Eight and 00/100 Dollars ($2,051,148.00) per annum ($170,929.00 per month) for the period commencing on May 1, 2009 and ending on the Expiration Date; which Tenant agrees to pay to Landlord, without notice or demand, in lawful money of the United States, in monthly installments in advance on the first (1st) day of each calendar month during the Term, at the office of Landlord or such other place as Landlord may designate, without any set-off, offset, abatement or deduction whatsoever. Fixed Rent and Additional Rent shall be payable by check drawn upon a bank which is a member of the New York Clearinghouse Association or by wire transfer of immediately available funds. Section 1.2 Notwithstanding anything to the contrary contained herein, upon execution and delivery of this Lease, Tenant shall pay to Landlord the sum of Eighty-Three Thousand and 00/100 Dollars ($83,000.00) representing a portion of the installment of Fixed Rent for the first (1st) full calendar month of the Term after the Commencement Date. Section 1.3 Tenant represents and warrants to Landlord that (i) this Lease constitutes a transaction entered into in the ordinary course of Tenant’s business, and (ii) the creditors’ committee in the Bankruptcy Case has been given the opportunity to review this Lease prior to the execution hereof by Tenant. In reliance on the foregoing representation, Landlord has agreed to waive any requirement that Tenant...

DEMISE, PREMISES, TERM, RENT. Section 1.1. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord the Tenth Floor Space for the Term to commence on the date hereof (the "Commencement Date") and to end on the day (the "Fixed Expiration Date") that is the last day of the month in which occurs the tenth (10th) anniversary of the Commencement Date at an annual rent (the "Fixed Rent") of: (1) One Million Three Hundred Seventy-Seven Thousand Nine Hundred Eighteen and 00/100 Dollars ($1,377,918.00) for the period commencing on the Tenth Floor Space Rent Commencement Date and ending on the day immediately prior to the day that is the third (3rd) anniversary of the Commencement Date (the day that is the third (3rd) anniversary of the Commencement Date being referred to herein as the "Third Anniversary Date"), payable in equal monthly installments of One Hundred Fourteen Thousand Eight Hundred Twenty-Six and 50/100 Dollars ($114,826.50); (2) One Million Four Hundred Ninety-Nine Thousand Four Hundred Ninety- Nine and 00/100 Dollars ($1,499,499.00) for the period commencing on the Third Anniversary Date and ending on the day immediately prior to the day that is the seventh (7th) anniversary of the Commencement Date (the day that is the seventh (7th) anniversary of the Commencement Date being referred to herein as the "Seventh Anniversary Date"), payable in equal monthly installments of One Hundred Twenty-Four Thousand Nine Hundred Fifty-Eight and 25/100 Dollars ($124,958.25); and (3) One Million Six Hundred Twenty-One Thousand Eighty and 00/100 Dollars ($1,621,080.00) for the period commencing on the Seventh Anniversary Date and ending on the Fixed Expiration Date, payable in equal monthly installments of One Hundred Thirty-Five Thousand Ninety and 00/100 Dollars ($135,090.00). Section 1.2. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord the Seventh Floor Space for a term commencing on the Seventh Floor Space Commencement Date and ending on the Fixed Expiration Date at a Fixed Rent of: (1) One Million Four Hundred Fifty-Nine Thousand Six Hundred Eighty- Eight and 00/100 Dollars ($1,459,688.00) for the period commencing on the Seventh Floor Space Rent Commencement Date and ending on the day immediately prior to the Third Anniversary Date, payable in equal monthly installments of One Hundred Twenty-One Thousand Six Hundred Forty and 67/100 Dollars ($121,640.67); (2) One Million Five Hundred Eighty-Eight Thousand Four Hundred Eighty Four and 00/100 Dollars ($1,5...

DEMISE, PREMISES, TERM, RENT. (a) Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord, for the Term, at an annual rent (“Fixed Rent”) as follows: (i) Two Million Six Hundred Seventy-Six Thousand Seven Hundred and 00/100 Dollars ($2,676,700.00) per annum ($223,058.33 per month) for the period (the “First Rent Period”) commencing on the Commencement Date and ending one day prior to the first (1st) anniversary of the Rent Commencement Date; (ii) Two Million Seven Hundred Thirty Thousand Two Hundred Thirty-Four and 00/100 Dollars ($2,730,234.00) per annum ($227,519.50 per month) for the period (the “Second Rent Period”) commencing on the first (1st) anniversary of the Rent Commencement Date and ending one day prior to the second (2nd) anniversary of the Rent Commencement Date; (iii) Two Million Seven Hundred Eighty-Four Thousand Eight Hundred Thirty-Eight and 68/100 Dollars ($2,784,838.68) per annum ($232,069.89 per month) for the period (the “Third Rent Period”) commencing on the second (2nd) anniversary of the Rent Commencement Date and ending one day prior to the third (3rd) anniversary of the Rent Commencement Date; (iv) Two Million Eight Hundred Forty Thousand Five Hundred Thirty-Five and 45/100 Dollars ($2,840,535.45) per annum ($236,711.29 per month) for the period (the “Fourth Rent Period”) commencing on the third (3rd) anniversary of the Rent Commencement Date and ending one day prior to the fourth (4th) anniversary of the Rent Commencement Date; (v) Two Million Eight Hundred Ninety-Seven Thousand Three Hundred Forty-Six and 16/100 Dollars ($2,897,346.16) per annum ($241,445.51 per month) for the period (the “Fifth Rent Period”) commencing on the fourth (4th) anniversary of the Rent Commencement Date and ending one day prior to the fifth (5th) anniversary of the Rent Commencement Date; (vi) Three Million Three Hundred Twenty-Four Thousand Four Hundred Ninety-Three and 09/100 Dollars ($3,324,493.09) per annum ($277,041.09 per month) for the period (the “Sixth Rent Period”) commencing on the fifth (5th) anniversary of the Rent Commencement Date and ending one day prior to the sixth (6th) anniversary of the Rent Commencement Date; (vii) Three Million Three Hundred Ninety Thousand Nine Hundred Eighty-Two and 95/100 Dollars ($3,390,982.95) per annum ($282,581.91 per month) for the period (the “Seventh Rent Period”) commencing on the sixth (6th) anniversary of the Rent Commencement Date and ending one day prior to the seventh (7th) annivers...

DEMISE, PREMISES, TERM, RENT. Section 1.1. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Premises for the Term to commence on the Basic Commencement Date and to end on the Fixed Expiration Date, at an annual rental (the "Fixed Rent") of: (1) for the period commencing on the Rent Commencement Date applicable to each Deliverable Unit and ending on the date immediately preceding the fourth (4th) anniversary of the Last Commencement Date (the "1st Rental Period"), an amount equal to the sum of: (i) the product obtained by multiplying (I) Forty-Seven and 5,873/10,000 Dollars ($47.5873), by (II) the number of square feet of Rentable Area in the First Price Space, and (ii) the product obtained by multiplying (I) Fifty-One and 5,873/10,000 Dollars ($51.5873), by (II) the number of square feet of Rentable Area in the Second Price Space, and (iii) the product obtained by multiplying (I) Fifty and 7,232/10,000 Dollars ($50.7232), by (II) the number of square feet of Rentable Area in the Third Price Space, (2) for the period commencing on the day immediately following the last day of the 1st Rental Period and ending on the day immediately preceding the eighth (8th) anniversary of the Last Commencement Date (the "2nd Rental Period"), an amount equal to the sum of: (i) the product obtained by multiplying (I) Fifty-Three and 1,354/10,000 Dollars ($53.1354), by (II) the number of square feet of Rentable Area in the First Price Space, and (ii) the product obtained by multiplying (I) Fifty-Seven and 5,754/10,000 Dollars ($57.5754), by (II) the number of square feet of Rentable Area in the Second Price Space, and (iii) the product obtained by multiplying (I) Fifty-Six and 6,163/10,000 Dollars ($56.6163), by (II) the number of square feet of Rentable Area in the Third Price Space, (3) for the period commencing on the day immediately following the last day of the 2nd Rental Period and ending on the day immediately preceding the twelfth (12th) anniversary of the Last Commencement Date (the "3rd Rental Period"), an amount equal to the sum of: (i) the product obtained by multiplying (I) Fifty-Nine and 2,938/10,000 Dollars ($59.2938), by (II) the number of square feet of Rentable Area in the First Price Space, and (ii) the product obtained by multiplying (I) Sixty-Four and 2,222/10,000 Dollars ($64.2222), by (II) the number of square feet of Rentable Area in the Second Price Space, and (iii) the product obtained by multiplying (I) Sixty-Three and 1,575/10,000 Dollars ($63.1575), ...

DEMISE, PREMISES, TERM, RENT. Section 1.1 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Premises, for the Term, at an annual rent (the "Fixed Rent") of Ninety-Three Thousand Nine Hundred Dollars ($93,900.00) for the period commencing on the Rent Commencement Date and ending one (1) month prior to the Fixed Expiration Date ($7,825.00 per month); which Tenant agrees to pay in lawful money of the United States which shall be legal tender in payment of all debts and dues, public and private, at the time of payment, in equal monthly installments in advance, on the first (1st) day of each calendar month during the Term commencing on the Rent Commencement Date, at the office of Landlord or such other place as Landlord may designate, without any set-off, offset, abatement or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof. Section 1.2 If the Rent Commencement Date shall occur on a date other than the first (1st) day of any calendar month, then the payment of Fixed Rent due on the first (1st) day of the calendar month following the Rent Commencement Date shall be prorated based upon the number of days in the month in which the Rent Commencement Date occurs which include or follow the Rent Commencement Date.

DEMISE, PREMISES, TERM, RENT. Section 2.1 (a) Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord, for the Term, at an annual rent (“Fixed Rent”) as follows: (i) One Million Sixty-Four Thousand and 00/100 Dollars ($1,064,000.00) per annum ($88,666.67 per month) for the period commencing on the Rent Commencement Date and ending on December 31, 2004; (ii) One Million One Hundred Six Thousand Five Hundred Sixty and 00/100 Dollars ($1,106,560.00) per annum ($92,213.33 per month) for the period commencing on January 1, 2005 and ending on December 31, 2005; (iii) Two Million Two Hundred Thirteen Thousand Nine Hundred Seventy-One and 20/100 Dollars ($2,213,971.20) per annum ($184,497.60 per month) for the period commencing January 1, 2006 and ending on December 31, 2006; (iv) Two Million Two Hundred Fifty-Eight Thousand Two Hundred Fifty and 62/100 Dollars ($2,258,250.62) per annum ($188,187.55 per month) for the period commencing on January 1, 2007 and ending on December 31, 2007; (v) Two Million Three Hundred Three Thousand Four Hundred Fifteen and 64/100 Dollars ($2,303,415.64) per annum ($191,951.30 per month) for the period commencing on January 1, 2008 and ending on December 31, 2008; (vi) Two Million Five Hundred Seventy-Seven Thousand Four Hundred Eighty-Three and 95/100 Dollars ($2,577,483.95) per annum ($214,790.33 per month) for the period commencing on January 1, 2009 and ending on December 31, 2009; (vii) Two Million Six Hundred Twenty-Nine Thousand Thirty-Three and 63/100 Dollars ($2,629,033.63) per annum ($219,086.14 per month) for the period commencing on January 1, 2010 and ending on December 31, 2010; (viii) Two Million Six Hundred Eighty-One Thousand Six Hundred Fourteen and 30/100 Dollars ($2,681,614.30) per annum ($223,467.86 per month) for the period commencing on January 1, 2011 and ending on December 31, 2011; (ix) Two Million Seven Hundred Thirty-Five Thousand Two Hundred Forty-Six and 59/100 Dollars ($2,735,246.59) per annum ($227,937.22 per month) for the period commencing on January 1, 2012 and ending on December 31, 2012; (x) Two Million Seven Hundred Eighty-Nine Thousand Nine Hundred Fifty-One and 52/100 Dollars ($2,789,951.52) per annum ($232,495.96 per month) for the period commencing on January 1, 2013 and ending on December 31, 2013; (xi) Three Million Seventy-Three Thousand Seven Hundred Fifty and 55/100 Dollars ($3,073,750.55) per annum ($256,145.88 per month) for the period commencing on January 1, 2014 and en...