Fixed Minimum Rent. (a) Tenant hereby covenants and agrees to pay to Landlord's authorized agent, without deduction or set-off and without demand, at the address set forth in Section 1.0(v) above or such other place as Landlord may, from time to time, designate in writing, as Fixed Minimum Rent for the Premises, the amount(s) set forth in Article I, Section 1.0(g), said amount(s) to be due and payable in monthly installments, in advance, on the Rent Commencement Date and on the first day of each and every calendar month thereafter. Tenaxx xxxees at no time to pay the monthly Fixed Minimum Rent more than one (1) month in advance of its due date.
(b) Notwithstanding anything in this Lease to the contrary, in the event Tenant fails to pay any Rents or any other sum due and owing Landlord within ten (10) days following the due date of said Rentx, xxen Tenant shall pay a late charge of the greater of (i) five percent (5%) of the amount due and (ii) two percent (2%) per month of the monthly charges due from the due date of any installment of any Rents.
(c) Should any governmental taxing authority acting under any present or future law, ordinance, or regulation, levy, assess, or impose a tax, excise and/or assessment (other than an income or franchise tax upon Landlord's net income) upon Landlord with respect to Rents payable by Tenant to Landlord, either by way of substitution for or in addition to any existing tax on land and buildings or otherwise, Tenant shall be responsible for and shall pay such tax, excise and/or assessment, or shall reimburse Landlord for the amount thereof, as the case may be.
(d) Tenant shall pay the adjusted Fixed Minimum Rent as calculated pursuant to Section 1.0(g) commencing with the first month of the Lease Year effected by the adjustment. However, pending the determination of the adjusted Fixed Minimum Rent, Tenant shall continue to pay Fixed Minimum Rent in the same amount as the Fixed Minimum Rent required for the preceding Lease Year effected by the adjustment. When the adjusted Fixed Minimum Rent has been determined, Tenant, concurrently with the next monthly Fixed Minimum Rent payment due and payable after the furnishing by Landlord to Tenant of the computation of the adjusted Fixed Minimum Rent, in addition to the adjusted Fixed Minimum Rent for such month, shall pay Landlord a sum equal to the amount of the increase in the Fixed Minimum Rent and Percentage Rent due for each of the previous months in the effected Lease Year.
Fixed Minimum Rent. The total Fixed Minimum Rent for the Lease Term as specified in Item 9 of the Definitions shall be payable by Tenant as specified in Item 9 of the Definitions. The phrase Fixed Minimum Rent shall be the Fixed Minimum Rent above specified, payable monthly in advance on the first day of each month, without prior demand therefor and without any deduction or setoff whatsoever. In addition, Tenant covenants and agrees to pay Landlord all applicable sales or other taxes which may be imposed on the above specified rents or payments hereinafter provided for to be received by Landlord when each such payment is made. Should Tenant fail to pay any installment of Rent when due and continuing for a period of time constituting a default as further defined under the provisions of this Lease, Section 9.1, Default, Landlord may, at its option, require the total Fixed Minimum Rent remaining for the term of this Lease to immediately become due and payable. If Tenant pays any installment of Fixed Minimum Rent or any other sum by check and such check is returned for insufficient funds or other reasons not the fault of Landlord, then Tenant shall pay to Landlord on demand a processing fee of $25.00 per returned check. Landlord, at its option, may subtract any such processing fee from any Security Deposit held by Landlord, and, in such event, Tenant shall deposit a like amount with Landlord in accordance with the terms of Section 10.1.
Fixed Minimum Rent. Tenant shall pay to Landlord, without any offset or deduction whatsoever, the amounts stated below for the applicable time periods, in advance on the first day of each and every month during the Lease term, which amount shall herein be referred to as the “Fixed Minimum Rent”. During the entire lease term, 15 days prior to the due date, Landlord shall send a rent invoice to the Tenant.
Fixed Minimum Rent. 2.1.1 The total Fixed Minimum Rent for the Lease Term as specified in the Basic Term Sheet shall be payable by Tenant as specified in the Basic Term Sheet.
Fixed Minimum Rent. Tenant agrees to pay Landlord Fixed Minimum Rent (the Rent) for the Premises in the amounts listed in the attached Information Schedule. The Rent will be paid in monthly installments, in advance, without offset, deduction or prior demand, on the first day of each month of the original and any renewal Lease Term.
Fixed Minimum Rent. 3 Section 3.02 Time and Place of Payment; Late Charges ................................................ 3 Section 3.03
Fixed Minimum Rent. 2 Section 2.2 FIXED MINIMUM RENT INCREASE........................................................
Fixed Minimum Rent. Tenant shall pay the Fixed Minimum Rent (as defined in Paragraph 1 (f) hereof) in lawful money of the United States of America in equal monthly installments in advance without deduction or offset, on the first day of each and every month during the Term, at the offices of Landlord in the Building, or at such other place as Landlord may designate in writing.
Fixed Minimum Rent. 5 A. During the term of this Lease, Tenant agrees to pay to Landlord an annual fixed 6 minimum rent, exclusive of Percentage Rent, in lawful money of the United States, in the following 7 amounts (collectively, the "Fixed Rent"): 8 (i) $14,577,000 for the first Lease Year commencing on the RCD; and
Fixed Minimum Rent. Tenant shall pay to Landlord, on a triple net basis, fixed minimum rent at the initial monthly rate provided in the Basic Lease Provisions.
