Fixed Rent Payments. Tenant agrees to pay to Landlord, or as directed by Landlord, at Landlord’s Original Address specified in Section 1.1 hereof, or at such other place as Landlord shall from time to time designate by notice, (1) on the Commencement Date (defined in Section 1.1 hereof) and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Term, a sum equal to one twelfth (1/12th) of the Annual Fixed Rent (sometimes hereinafter referred to as “fixed rent”) and (2) on the first day of each and every calendar month during each extension option period (if exercised), a sum equal to (a) one twelfth (1/12th) of the Annual Fixed Rent as determined in Section 8.20 for the extension option period. 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 at X.X. Xxx 0000, Xxxxxx, Xxxxxxxxxxxxx 00000-0000, and all remittances received by Boston Properties Limited Partnership, as Agents as aforesaid, or by any subsequently designated recipient, 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 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 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. The Annual Fixed Rent and all other charges for which provision is herein made shall be paid by Tenant to Landlord, without offset, deduction or abatement except as otherwise specifically set forth in this Lease.
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Samples: Lease Agreement (Vistaprint LTD), Lease Agreement (Vistaprint LTD)
Fixed Rent Payments. Tenant agrees to pay to Landlord, or as directed by Landlord, at Landlord’s Original Address specified in Section 1.1 hereof, or at such other place as Landlord shall from time to time designate by notice, (a) (1) with respect to the Existing Premises, on the Existing Premises Rent Commencement Date (defined in Section 1.1 hereof) and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Term, a sum equal to one twelfth (1/12th) of the Annual Fixed Rent (sometimes hereinafter referred to as “fixed rent”) and (2) on the first day of each and every calendar month during each extension option period (if exercised), a sum equal to (a) one twelfth (1/12th) of the Annual Fixed Rent as determined Existing Premises, and (2) with respect to the Expansion Premises, on the Expansion Premises Rent Commencement Date (defined in Section 8.20 1.1 hereof) and thereafter monthly, in advance, on the first day of each and every calendar month during the Term, a sum equal to (a) one twelfth (1/12th) of the Annual Fixed Rent Expansion Premises (collectively sometimes hereinafter referred to as “fixed rent”), plus (b) an amount estimated by Landlord from time to time to cover Tenant’s monthly payments for electricity under Section 2.8. Notwithstanding the provisions of Section 1.1 or the foregoing and provided that no monetary “Event of Default” (as defined in Section 7.1) occurs during the first twelve (12) calendar months of the Term, Tenant shall not be obligated to pay Annual Fixed Rent for Expansion Premises for the extension option periodfirst thirty (30) calendar days following the Expansion Premises Commencement Date (“Free Rent Period”); and the total Annual Fixed Rent of $[***] which would otherwise have been due and payable for the Free Rent Period shall be referred to herein as “Free Rent”). Notwithstanding anything contained in this Lease to the contrary, it is understood and agreed that if a monetary Event of Default occurs during the first twelve (12) calendar months of the Term, Tenant shall automatically and unconditionally be deemed to have forfeited and waived its right not to pay Annual Fixed Rent during the Free Rent Period and all Free Rent shall become immediately due and payable, as if such Free Rent concession had not been made. 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 at X.X. Xxx 0000, Xxxxxx, Xxxxxxxxxxxxx 00000-0000, and all remittances received by Boston Properties Limited Partnership, as Agents as aforesaid, or by any subsequently designated recipient, shall be treated as payment to Landlord. Landlord either:
(i) By U.S. Mail [***]
(ii) By Overnight Courier [***]
(iii) By Wire Transfer Bank Name: [***] ABA Number: [***] Account Name: [***] Account Number: [***] 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 Expansion Premises Rent Commencement Date is a day other than the first day of a calendar month, the first payment of Annual Fixed Rent Expansion Premises which Tenant shall make to Landlord shall be a payment equal to a proportionate part of such monthly Annual Fixed Rent Expansion Premises for the partial month from the Expansion Premises Rent Commencement Date to the first day of the succeeding calendar month. Commencing January 1, 2014, Additional Rent on account of Landlord’s Operating Expenses and Taxes in accordance with the provisions of this Lease shall be 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. The Annual Fixed Rent and all other charges for which provision is herein made shall be paid by Tenant to Landlord, without offset, deduction or abatement except as otherwise specifically set forth in this Lease.
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Samples: Lease Agreement (TESARO, Inc.)
Fixed Rent Payments. Tenant agrees to pay to Landlord, or as directed by Landlord, at Landlord’s Original Address specified in Section 1.1 hereof, or at such other place as Landlord shall from time to time designate by notice, (11)(a) on the Rent Commencement Date (defined in Section 1.1 hereof) and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Term, a sum equal to one twelfth (1/12th) of the Annual Fixed Rent (sometimes hereinafter referred to as “fixed rent”) and (1)(b) on the Commencement Date and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Term, a sum equal to one twelfth (1/12th) of $1.00 per annum for each square foot of Rentable Floor Area of Tenant’s Space for tenant electricity subject to escalation as provided in Section 2.8 and (2) on the first day of each and every calendar month during each the extension option period (if exercised), a sum equal to (a) one twelfth (1/12th) of the Annual Fixed Rent annual fixed rent as determined in Section 8.20 for the extension option periodperiod plus (b) then applicable monthly electricity charges (subject to escalation for electricity as provided in Section 2.8 hereof. 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 at X.X. P.X. Xxx 0000, Xxxxxx, Xxxxxxxxxxxxx 00000-0000, and all remittances received by Boston Properties Limited Partnership, as Agents as aforesaid, or by any subsequently designated recipient, 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. Notwithstanding that the payment of Annual Fixed Rent payable by Tenant to Landlord shall not commence until the Rent Commencement Date, Tenant shall be subject to, and shall comply with, all other provisions of this Lease as and at the times provided in this Lease. The Annual Fixed Rent and all other charges for which provision is herein made shall be paid by Tenant to Landlord, without offset, deduction or abatement except as otherwise specifically set forth in this Lease. The Rent Commencement Date in respect of the Premises (“RCD”) shall be the date which is 181 days after the Commencement Date (“Fixed Rent Abatement Period”) (i.e., Tenant shall have no obligation to pay Annual Fixed Rent during the first (1st) 180 days of the Term of the Lease in respect of the Premises (“Abated Fixed Rent”).
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