Fixed Monthly Rent. For the use and occupancy of the Premises, Tenant shall pay Landlord the Fixed Monthly Rent, in advance, commencing on the Commencement Date and continuing on the first day of each calendar month thereafter during the Lease Term, without any offset or deduction except as specifically provided for herein. The Fixed Monthly Rent payable under this Lease shall increase by the Increase Percentage on each Increase Date. Should the Lease Term commence on a day other than the first day of a calendar month, then the rental for such first fractional month shall be computed on a daily basis for the period from the Commencement Date to the end of such calendar month at an amount equal to 1/30th of the Fixed Monthly Rent for each day. Should the Lease Term end on a day other than the last day of a calendar month, then the rental for such fractional month shall be computed on a daily basis at an amount equal to 1/30th of the Fixed Monthly Rent for each day. Tenant shall pay Landlord the Fixed Monthly Rent in lawful money of the United States at the address for Landlord set forth in the Fundamental Lease Provisions, or to such other persons or at such other places as Landlord may designate in writing to Tenant. Landlord and Tenant acknowledge that the Premises Cost computation on EXHIBIT "E" is based on Landlord's review of the prototypical Plans and Specifications. Within thirty (30) days after receipt of the final Plans and Specifications from Tenant, Landlord shall notify Tenant in writing of any differences between the prototypical Plans and Specifications and the final Plans and Specifications which increase the Premises Cost set forth onattached EXHIBIT "E", together with at least three (3) bids which support such increase. Within fifteen (15) days after receipt of such notice from Landlord, Tenant shall have the right to object to Landlord's proposed increase by providing written notice to Landlord, including a bid to support Tenant's objection. Landlord and Tenant shall thereafter cooperate with each other to resolve such dispute including obtaining an independent bid to resolve such discrepancy if necessary. Upon final resolution of the PremisesCost, but in any event prior to Landlord's commencement of Landlord's Work,Landlord and Tenant shall enter into a Supplemental Lease Agreement prepared by Tenant which modifies and replaces the Premises Cost set forth on EXHIBIT "E". In the event there is no modification of the Premises Cost, or upon execution of a Suppl...
Fixed Monthly Rent. 12% of the Premises Cost (as detailed on Exhibit "E") divided by twelve, subject to proration and adjustment as provided in Section 2.3.
Fixed Monthly Rent. Tenant agrees to pay to Landlord at the offices of Landlord, or at such other place designated by Landlord, without any prior demand therefor and without any deduction or set-off whatsoever, fixed monthly rent in accordance with the following schedule: MONTH OF INITIAL TERM: FIXED MONTHLY RENT: ---------------------- ------------------- Term Commencement Date through the day prior to the Delivery Date of the Expansion Premises: $12,788.96 Delivery Date through the end of the initial term of this Lease, inclusive: $25,878.34 (sometimes referred to herein as "Fixed Monthly Rent"), payable in advance upon the first day of each calendar month during the term hereof. The monthly installment shall be deemed to have been paid upon such first day only if actually received by such first day. If the term or payment of rent shall commence or terminate upon a day other than the first (or in the case of termination the last) day of a calendar month, Tenant shall pay, upon the Term Commencement Date or the date payment of rent shall commence, and on the first day of the last calendar month, a pro rata portion of the Fixed Monthly Rent for the first and last fractional calendar month, respectively, prorated on a per diem basis with respect to such fractional calendar month(s).
Fixed Monthly Rent. Period Monthly Annual S.F. 06/01/97 - 12/31/97 $4,163.00 $49,956.00= $12.00/s.f. 01/01/98 - 12/31/98 $4,856.83 $58,282.00= $14.00/s.f. 01/01/99 - 12/31/99 $5,550.67 $66,608.00= $16.00/s.f. 01/01/00 - 12/31/00 $6,244.50 $74,934.00= $18.00/s.f.
Fixed Monthly Rent. Tenant agrees to pay to Landlord at the offices of Landlord, or at such other place designated by Landlord, without any prior demand thereof and without any deduction or set-off whatsoever, and as fixed monthly rent, the sum of page 2a [information on page 4 of this document] Dollars ($______________________) (sometimes referred to herein as "fixed monthly rent"), payable in advance upon the first day of each calendar month during the term hereof. The monthly installment shall be deemed to have been paid upon such first day only if actually received by such first day. If the term shall commence or terminate upon a day other than the first (or in the case of termination the last) day of a calendar month. Tenant shall pay, upon the Term Commencement Date, and on the first day of the last calendar month of the term, a pro-rata portion of the fixed monthly rent for the first and last fractional calendar month, respectively, prorated on a per diem basis with respect to such fractional calendar month.
Fixed Monthly Rent. Tenant agrees to pay to Landlord at the offices of Landlord, or at such other place designated by Landlord, without any prior demand therefor and without any deduction or set-off whatsoever, fixed monthly rent in accordance with the following schedule: MONTH OF LEASE TERM: FIXED MONTHLY RENT: -------------------- ------------------ Months 01-02, inclusive: $18,981.51 Months 03-60, inclusive: $21,639.76 Months 60-120, inclusive: $21,639.76 (each monthly installment sometimes referred to herein as "fixed monthly rent"), payable in advance upon the first day of each calendar month during the term hereof. The monthly installment shall be deemed to have been paid upon such first day only if actually received by such first day. If the term shall commence or terminate upon a day other than the first (or in the case of termination the last) day of a calendar month, Tenant shall pay, upon the Term Commencement Date, and on the first day of the last calendar month, a pro rata portion of the fixed monthly rent for the first and last fractional calendar month, respectively, prorated on a per diem basis with respect to such fractional calendar month.
Fixed Monthly Rent. Lessee shall pay to Lessor the rental of Five Thousand One Hundred Forty-Six Dollars ($5,146.00) per month for the Leased Premises ("Base Rent") plus sales tax and other taxes and payments as set out in this agreement for the first five (5) years of the term. During the second five (5) years of the term, the Base Rent shall be increased by the percentage of increase (if any) in the U.S. Department of Labor Consumer Price Index during the previous five (5) years of the term. Likewise, the Base Rent for the third five (5) years of the term shall be increased by the percentage of increase (if any) in the U.S. Department of Labor Consumer Price Index during the previous five (5) years of the term. This Bureau of Labor Statistics Index was 161.2 for September 1997 for all urban consumers. Each month's Base Rent plus any additional rent is payable in advance and without demand on or before the tenth (10th) of the month during which it is due. Lessee covenants and agrees to pay Base Rent and to perform each and every other covenant and condition under this lease. All rental payments will be made to THE HILTON COMPANY, at P.O. Xxxx Xxx 0000, Xxxxxx Xxxx, Xxxxxxx 00000, xx such other person or places as Lessor may from time to time designate in writing. All of said payments shall be made without any set off or deduction whatsoever, and shall be made without further notice or demand and without abatement, deduction or set off. In addition to the Base Rent as herein provided, all taxes (excise, sales, use, etc.) levied or assessed upon the Base Rent of the Leased Premises shall be paid by Lessee, if not billed directly to Lessee in the month that they become due, simultaneously with the payment of each month's Base Rent. All occupational, special, license fees, franchise fees, or the like will also be paid by Lessee, as well as all real and/or personal property taxes assessed upon the Leased Premises. Real property taxes are to be pro rated from January 1, 1998, with Lessor paying all taxes accruing prior thereto and Lessee paying all taxes accruing on or subsequent
Fixed Monthly Rent. 11% of the Premises Cost (as detailed on Exhibit "E") divided by twelve, subject to proration as provided in Section 2.3, which for Lease Years 1- 5 shall be Twenty-three Thousand Eight Hundred Seventy-four and 58/lOO Dollars ($23,874.58) per month ($286,495.00 per annum).
Fixed Monthly Rent. Section 4.1 Tenant agrees to pay to Landlord during the Initial Term, in addition to the Additional Rent to be paid by Tenant hereunder, a fixed monthly rent (the "Fixed Monthly Rent") in the amount of $30,000.00 per month ($360,000 per annum).
Section 4.2 The Fixed Monthly Rent and Additional Rent payable by Tenant to Landlord under the terms of this lease shall be paid at the office of Landlord set forth above, or at such other place or to such other person as Landlord may from time to time designate by notice to Tenant. The Fixed Monthly Rent shall be paid on the first day of each and every month during the term hereof in lawful money of the United States which shall be legal tender for the payment of all debts and dues, public and private, at the time of payment without set-off, abatement or diminution, except as otherwise expressly provided in this Lease. To the extent this Lease commences on a day other than the first day of a calendar month or terminates on a day other than the last day of a calendar month the Rent shall be commensurately prorated.
Fixed Monthly Rent. Two Thousand Five Hundred ($2,500) Dollars (or higher TBD by RFP), adjusted up annually by 3%, or;
