Fixed Rent Sample Clauses

Fixed Rent. (a) Commencing as of the Rent Commencement Date, Tenant shall pay Fixed Rent to Landlord, or Landlord’s designee as designated in a written notice to Tenant at such address as Landlord shall from time to time designate by written notice to Tenant. Except as hereinafter provided, the Fixed Rent shall be due and payable in the amounts set forth on Schedule 2 hereto for the respective periods shown on such Schedule 2. Fixed Rent shall be due and payable in advance on the first day of each month (or if such first day is not a business day, the first business day of each month), commencing on the Date of Rent Commencement, during the Term (each such date being referred to herein as a “Due Date”). Notwithstanding the foregoing, from the Date of Rent Commencement until Tenant is notified otherwise by Landlord and Lender, Fixed Rent shall be paid by wire transfer to the account specified in the rent direction letter from Landlord to Tenant delivered concurrently with the execution and delivery of this Lease. (b) If the Lease Commencement Date or Rent Commencement Date shall be on any day other than the first day of a calendar month, then all amounts to be paid on such dates shall be prorated on a per diem basis. (c) If any installment of Fixed Rent is not paid on the respective Due Date, Tenant shall pay Landlord interest on such overdue payment at the Lease Default Rate, accruing from the Due Date of such payment until the same is paid; provided, however, the foregoing obligation to pay the Default Rate shall not be required for the first late payment of Fixed Rent in any calendar year so long as such delay in payment does not continue for longer than a period of ten (10) days. All Fixed Rent and Additional Rent shall be payable in U.S. Dollars. (d) Commencing as of the Lease Commencement Date, all taxes, costs, expenses, and other amounts which Tenant is required to pay pursuant to this Lease (other than Fixed Rent), together with every fine, penalty, interest and cost which may be added in accordance herewith for non-payment or late payment thereof shall constitute additional rent (“Additional Rent”). All Additional Rent due to Landlord (or its designee) shall be paid directly by Tenant within thirty (30) days after Landlord gives written notice that payment is due, unless otherwise provided in this Lease, in which case, the Additional Rent shall be paid as otherwise so provided. Unless otherwise provided herein, Additional Rent payable by Tenant to a third (3r...

Fixed Rent. Each Extension Term shall be upon all of the same terms, covenants and conditions as provided in the Lease, except that: (A) Tenant may not again exercise the Extension Option during the second Extension Term so as to further extend the Term beyond the expiration of the second Extension Term; and (B) the Fixed Rent payable for each Extension Term (the “Market Extension Rent”) shall be at the then current “market rate” annual Fixed Rent rate for new leases for similar space in the Building as in effect six (6) months prior to commencement of the applicable Extension Term, determined in accordance with this Section 5(b)(ii); provided, however, the Fixed Rent rate for each Extension Term shall in no event be less than the Fixed Rent rate for each previous Term or Extension Term (as the case may be). (A) Market rate Fixed Rent shall mean the Fixed Rent rate for which the Premises would be expected to be leased for a five (5) year term commencing on the first day of the applicable Extension Term, with annual increases, in an arm’s-length transaction between a willing lessor and lessee in the greater Cleveland, Ohio metropolitan area industrial space market existing at the time such rate is established. (B) If Tenant properly exercises the applicable Extension Option, Landlord and Tenant shall attempt to agree as to the market rate Fixed Rent at least five (5) months prior to the commencement of the applicable Extension Term. If Landlord and Tenant do not agree as to the market rate Fixed Rent by such date, then market rate Fixed Rent for the applicable Extension Term shall be determined by binding “baseball” arbitration, in accordance with the following provisions: (1) The party desiring such arbitration shall give written notice to that effect to the other party, specifying in such notice the name, address and professional qualifications of the person designated to act as appraiser on its behalf. Within ten (10) days after service of such notice, the other party shall give written notice to the party desiring such arbitration, specifying the name, address and professional qualifications of the person designated to act as appraiser on its behalf. The two (2) appraisers shall, within ten (10) days after selection of the second appraiser, select a third appraiser. All appraisers appointed hereunder shall be MAI members of the Appraisal Institute with not less than five (5) years of experience in the appraisal of improved industrial real estate in the great Clevel...

Fixed Rent. Tenant agrees to pay to Landlord, on the Rent Commencement Date, and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Lease Term, a sum equal to one-twelfth (1/12th) of the Annual Fixed Rent specified in Section 1.1 hereof and on the first day of each and every calendar month during the Extended Term (if exercised), a sum equal to one-twelfth (1/12th) of the Annual Fixed Rent as determined in Section 3.2 for the Extended Term. Until notice of some other designation is given, fixed rent and all other charges for which provision is herein made shall be paid by remittance to or for the order of Boston Properties Limited Partnership by one of the 3 following methods, chosen by Tenant in its sole discretion: (i) via the VersaPay ARC, Boston Properties on-line Tenant Portal for which an invite will be sent to Tenant from the VersaPay ARC platform from the email address xxxxxxx@xxxxxxxx.xxx (please contact Landlord at XXXxxx@xxx.xxx with any inquiries respecting VersaPay), (ii) by ACH transfer to [**] and the Property address or (iii) by mail to X.X. Xxx 0000, Xxxxxx, Xxxxxxxxxxxxx 00000-0000. All remittances received by Boston Properties Limited Partnership, or any other agent or designated recipient of Boston Properties Limited Partnership, shall be treated as payment to Landlord. Annual Fixed Rent for any partial month shall be paid by Tenant to Landlord at such rate on a pro rata basis, and, if the Rent Commencement Date is a day other than the first day of a calendar month, the first payment of Annual Fixed Rent which Tenant shall make to Landlord shall be a payment equal to a proportionate part of such monthly Annual Fixed Rent for the partial month from the Rent Commencement Date to the first day of the succeeding calendar month. Additional Rent payable by Tenant on a monthly basis, as hereinafter provided, likewise shall be prorated, and the first payment on account thereof shall be determined in similar fashion but shall commence on the Commencement Date and other provisions of this Lease calling for monthly payments shall be read as incorporating this undertaking by Tenant; provided, however, that Tenant’s obligation to pay Landlord’s Tax Expenses Allocable to the Premises and Operating Expenses Allocable to the Premises shall not commence until the Rent Commencement Date, as hereinafter provided. Notwithstanding that the payment of Annual Fixed Rent (as well as Landlord’s Tax Expenses Allocable to th...

Fixed Rent. Tenant shall pay Landlord as fixed rent for the Premises a sum equal to the Fixed Rent set forth in paragraph 1 on or before the first day of each and every calendar month during the Term of this Lease, except that Fixed Rent for the first full calendar month of the Term shall be payable simultaneously with the execution of this Lease by Tenant.

Fixed Rent. (a) Mesoblast shall pay Carlo Pazolini fixed rent (“Fixed Rent”) for the Subleased Premises, as follows: From the Commencement Date until the day immediately preceding the fourth (4th) anniversary of the Commencement Date, Nine Hundred Fifty-Three Thousand Sixty-Four Dollars ($953,064.00) per annum, payable in advance in monthly installments of Seventy-Nine Thousand Four Hundred Twenty Two and 00/100 Dollars ($79,422.00) on the Commencement Date and on the first day of each and every calendar month. From the fourth (4th) anniversary of the Commencement Date until the Expiration Date, Nine Hundred Ninety-Nine Thousand Nine Hundred Thirty-Six Dollars ($999,936.00) per annum, payable in advance in monthly installments of Eighty Three Thousand Three Hundred Twenty Eight and 00/100 Dollars ($83,328.00) on the first day of each and every calendar month. (b) Notwithstanding anything to the contrary in the foregoing, Mesoblast shall pay the first monthly installment of Fixed Rent upon the signing of this Sub-Sublease by Mesoblast. (c) The Fixed Rent for any portion of a calendar month falling within the Term shall be prorated. (d) Fixed Rent and Additional Rent (as hereinafter defined) shall be paid promptly when due, without notice or demand therefor (except as provided in Paragraph 4(c) below), and without deduction, abatement, counterclaim or setoff of any kind for any reason whatsoever. (e) Fixed Rent and Additional Rent shall be paid in lawful money of the United States by either (i) wire transfer in accordance with Carlo Pazolini’s instructions, or (ii) check drawn on a bank which is a member of the New York Clearing House Association to Carlo Pazolini at its address set forth in the preamble to this Sub-Sublease or at such other address as Carlo Pazolini may from time to time designate by notice to Mesoblast; provided, however, that, if requested by Carlo Pazolini, Mesoblast shall pay Fixed Rent and Additional Rent by direct remittance to a bank account of Carlo Pazolini which shall be designated by the Carlo Pazolini from time to time for such purpose. (f) Notwithstanding anything to the contrary contained in this Paragraph 3, provided that no Event of Default has occurred and is then continuing, the Fixed Rent for the first two (2) months of the Term shall be abated. To the extent the Commencement Date starts on a date other than the first day of the month, the abatement shall be prorated for the month in which the abatement expires, and Mesoblast shall p...

Fixed Rent. Period Fixed Rent ------ ---------- From March 15, 1988 (subject to the Three Hundred Fifty-Nine Thousand Two abatement set forth in Section 40(c) Hundred Twenty ($359,220) Dollars per hereof) to June 30, 1991, both dates annum, payable in equal monthly inclusive installments of Twenty-Nine Thousand Nine Hundred Thirty-Five ($29,935) Dollars From July 1, 1991 to July 31, 1993, three Hundred Sixty-Nine Thousand Two both dates inclusive Hundred Twenty ($369,220) Dollars per annum, payable in equal monthly installments of Thirty Thousand Seven Hundred Sixty-Eight and 33/100 ($30,768.33) Dollars From August 1, 1993 to July 31, 1998, Four Hundred Twenty-four Thousand Six both dates inclusive Hundred Three ($424,603) Dollars per annum, payable in equal monthly installments of Thirty-Five Thousand Three Hundred Eighty-Four ($35,384) Dollars From August 1, 1998 to July 31, 2003, Four Hundred Eighty-Eight Thousand both dates inclusive Two Hundred Ninety-Four ($488,294) Dollars per annum, payable in equal monthly installments of Forty Thousand Six Hundred Ninety-One and 16/100 ($40,691.16) Dollars From August 1, 2003 to December 31, Five Hundred Sixty-One Thousand Five 2008, both dates inclusive Hundred Thirty-Eight ($561,538) Dollars per annum, payable in equal monthly installments of Forty-Six Thousand Seven Hundred Ninety-four and 83/100 ($46,794.83) Dollars AMENDMENT OF LEASE ------------------ THIS AGREEMENT (the "Amendment") dated as of the 26th day of December, 1989 between CABLE BUILDING ASSOCIATES, a New York limited partnership having an office at 000 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx ("Landlord") and HOUSTON CINEMA, INC., a New York corporation having an office c/o Xxxxxxxx Films, 0000 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx ("Tenant").

Fixed Rent. Tenant covenants to pay to Landlord as a net minimum rent (“Fixed Rent”), as follows: __/__/2021 – __/__/2022 $ 42.436 $ 74,263.00 $ 891,156.00 __/__/2022 – __/__/2023 $ 43.709 $ 76,490.89 $ 917,890.68 __/__/2023 – __/__/2024 $ 45.020 $ 78,785.62 $ 945,427.44 __/__/2024 – __/__/2025 $ 46.371 $ 81,149.19 $ 973,790.28 __/__/2025 – __/__/2026 $ 47.762 $ 83,583.66 $ 1,003,003.93 __/__/2026 – __/__/2027 $ 49.195 $ 86,091.17 $ 1,033,094.04 __/__/2027 – __/__/2028 $ 50.671 $ 88,673.91 $ 1,064,086.92 __/__/2028 – __/__/2029 $ 52.191 $ 91,334.12 $ 1,096,009.44 __/__/2029 – __/__/2030 $ 53.757 $ 94,074.15 $ 1,128,889.76 __/__/2030 – __/__/2031 $ 55.369 $ 96,896.37 $ 1,162,756.45 Tenant shall pay the Annual Fixed Rent in advance in equal monthly installments of the monthly Fixed Rent on the 1st day of each calendar month.

Fixed Rent a. Throughout the Term of the Lease, Tenant shall continue to pay Fixed Rent with respect to the Original Premises in the amounts set forth in Paragraph 6 of the Basic Lease Provisions and Exhibit F attached to the Lease. b. In addition to the Fixed Rent payable under the Lease with respect to the Original Premises, as of the Effective Date, Tenant shall pay Fixed Rent with respect to the Additional Premises, at the times and in the manner set forth in Paragraph 2 of the Lease, according to the following schedule: 11/01/03 – 05/31/06 $ 557,782.56 * $ 46,481.88 06/01/06 – 01/31/09 $ 578,065.56 * $ 48,172.13 02/01/09 – 07/31/11 $ 598,348.56 * $ 49,862.38 *annualized amounts c. Notwithstanding anything to the contrary contained herein, no Fixed Rent shall be paid by Tenant with respect to the Additional Premises for the first eight (8) full consecutive calendar months of the Additional Premises Term. No other amounts due to Landlord under this Lease other than the Fixed Rent with respect to the Additional Premises shall be abated, except as expressly provided herein. In the event Tenant defaults hereunder and fails to cure such default within any applicable notice or cure period, Tenant shall not be entitled to any further abatement of Fixed Rent with respect to the Additional Premises and all Fixed Rent with respect to the Additional Premises previously abated shall be immediately paid by Tenant to Landlord. d. Fixed Rent payable with respect to the Additional Premises shall be net of electricity, which shall be a separate charge paid by Tenant in accordance with Paragraphs 15(d) through (o) of the Lease. e. Paragraph 2(f) of the Lease is hereby deleted and shall be of no further force and effect.

Fixed Rent. The Fixed Rent under this Lease through the end of the Primary Term stated therein on December 8, 2006. From December 9, 2006 through December 8, 2011, the Fixed Rent will be $353,322.00 per annum. From December 9, 2011 through December 8, 2016, the Fixed Rent will be $293.899.67 per annum. From December 9, 2016 through December 8, 2021, the Fixed Rent will be $281,051.59 per annum. Fred Meyer - Metropolitan Life Leasx Xxdxxxxxtion Agreement February 4, 1997 Appendix 10I (5)(T) Columbia Falls, MT Recordation Requested by and After recordation return to: Stoel Rives LLP Attention: David W. Green 950 Port of Portland Xxxxxxxx 000 NE Multnomah Portland, OR 97232 (Xxxxx xxxxxxxd for recorder's use) ------------------------------------------------------------------------------- TERMINATION AGREEMENT AND ASSIGNMENT OF INTERESTS (Columbia Falls, Montana) This Termination Agreement and Assignment of Interests (this "Agreement"), dated as of the day of February, 1997 between METROPOLITAN LIFE INSURANCE COMPANY, a New York corporation (hereinafter referred to as "Landlord"), as landlord/lessor (by assignment) under the Master Lease described below, and B & B STORES, INC., a Montana corporation (hereinafter referred to as "Tenant"), as tenant/lessee under such Master Lease. Landlord has leased to Tenant, and Tenant has leased from Landlord, certain real property described in the attached Exhibit A (the "Premises"), pursuant to the terms of a Lease Agreement, between Landlord's predecessor in interest, FRED MEYER REAL ESTATE PROPERTIES, XXX., xx Xregon limited partnership, as landlord/lessor, and Tenant, as tenant/lessee, dated October 22, 1986, as amended (the "Master Lease"). Such Master Lease was an amended and restated lease, which modified and restated one or more prior leases of the Premises. Evidence of such Master Lease and such prior lease or leases is evidenced of record by certain memoranda of leases and/or other instruments listed on the attached Exhibit B (the "Memoranda"). Tenant, as assignee of FRED MEYER REAL ESTATE PROPERTIES, XXX. xxxxxant to an Assignment of Leases and Rents dated October 22, 1986 and recorded on December 9, 1986 in the Official Records of Flathead County, Montana as Document No. 86-343-10120 holds the lessor's intxxxxx xxxxx and to existing leases affecting portions of the Premises (for purposes hereof, the "Subleases"). Tenant's interest in such Subleases was then assigned, for collateral purposes, to Landlord at -----------------...

Fixed Rent. The Tenant hereby agrees to pay to the Landlord an annual base or fixed rental (hereinafter, “Fixed Rent”) throughout the full Term in the amounts set forth on Schedule “B” annexed hereto and incorporated herein by reference in cash or check, lawful money of the United States of America, in monthly installments, payable on the first day of each and every month, in advance, throughout the initial Term of twelve (12) years. Rent shall commence on the date (the “Rent Commencement Date”) which is thirty calendar days after the Commencement Date. If the Rent Commencement Date is before or after June 1, 2012, then Schedule B shall be revised and initialed by the parties to reflect the actual Rent Commencement Date. Fixed Rent for the first full month of the Term after the Rent Commencement Date shall be paid in advance on the date of execution of this Lease. Fixed Rent, Supplemental and Additional Rent (which are sometimes collectively referred to herein as “Rent”) shall be paid at the office of the Landlord or at such other place as may hereafter be designated by the Landlord. Fixed Rent shall be paid to the Landlord without notice or demand and without deduction, set-off or other charge. If the Commencement Date or the Termination Date occurs on a day other than respectively, the first day or the last day of a calendar month, the Fixed Rent for the partial calendar month at the commencement or termination of the Term shall be prorated based upon the number of days in that month.