Fixed Rent. Tenant covenants to pay to Landlord as a net minimum rent (“Fixed Rent”), as follows: Lease Period Rate PSF Monthly Fixed Rent Annual Fixed Rent __/__/2021 – __/__/2022 $ 20.101 $ 6,365.40 $ 76,384.80 __/__/2022 – __/__/2023 $ 20.704 $ 6,556.36 $ 78,676.34 __/__/2023 – __/__/2024 $ 21.325 $ 6,753.05 $ 81,036.63 __/__/2024 – __/__/2025 $ 21.965 $ 6,995.64 $ 83,467.73 __/__/2025 – __/__/2026 $ 22.624 $ 7,164.31 $ 85,971.77 __/__/2026 – __/__/2027 $ 23.303 $ 7,379.24 $ 88,550.92 __/__/2027 – __/__/2028 $ 24.002 $ 7,600.62 $ 91,207.45 __/__/2028 – __/__/2029 $ 24.722 $ 7,828.64 $ 93,943.67 __/__/2029 – __/__/2030 $ 25.464 $ 8,063.50 $ 96,761.98 __/__/2030 – __/__/2031 $ 26.228 $ 8,305.40 $ 99,664.84 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.
Appears in 3 contracts
Samples: Lease (1847 Goedeker Inc.), Employment Agreement (1847 Goedeker Inc.), Employment Agreement (1847 Goedeker Inc.)
Fixed Rent. Tenant covenants to pay to Landlord as a net minimum rent (“Fixed Rent”), as follows: Lease Period Rate PSF Monthly Fixed Rent Annual Fixed Rent __/__/2021 – __/__/2022 $ 20.101 42.436 $ 6,365.40 74,263.00 $ 76,384.80 891,156.00 __/__/2022 – __/__/2023 $ 20.704 43.709 $ 6,556.36 76,490.89 $ 78,676.34 917,890.68 __/__/2023 – __/__/2024 $ 21.325 45.020 $ 6,753.05 78,785.62 $ 81,036.63 945,427.44 __/__/2024 – __/__/2025 $ 21.965 46.371 $ 6,995.64 81,149.19 $ 83,467.73 973,790.28 __/__/2025 – __/__/2026 $ 22.624 47.762 $ 7,164.31 83,583.66 $ 85,971.77 1,003,003.93 __/__/2026 – __/__/2027 $ 23.303 49.195 $ 7,379.24 86,091.17 $ 88,550.92 1,033,094.04 __/__/2027 – __/__/2028 $ 24.002 50.671 $ 7,600.62 88,673.91 $ 91,207.45 1,064,086.92 __/__/2028 – __/__/2029 $ 24.722 52.191 $ 7,828.64 91,334.12 $ 93,943.67 1,096,009.44 __/__/2029 – __/__/2030 $ 25.464 53.757 $ 8,063.50 94,074.15 $ 96,761.98 1,128,889.76 __/__/2030 – __/__/2031 $ 26.228 55.369 $ 8,305.40 96,896.37 $ 99,664.84 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.
Appears in 3 contracts
Samples: Lease (1847 Goedeker Inc.), Employment Agreement (1847 Goedeker Inc.), Employment Agreement (1847 Goedeker Inc.)
Fixed Rent. Tenant covenants to pay to Landlord as a net minimum rent (“Fixed Rent”), as follows: Lease Period Rate PSF Monthly Fixed Rent Annual Fixed Rent __/__/2021 – __/__/2022 $ 20.101 31.827 $ 6,365.40 5,304.50 $ 76,384.80 63,654.00 __/__/2022 – __/__/2023 $ 20.704 32.782 $ 6,556.36 5,463.64 $ 78,676.34 65,563.62 __/__/2023 – __/__/2024 $ 21.325 33.765 $ 6,753.05 5,627.54 $ 81,036.63 67,530.53 __/__/2024 – __/__/2025 $ 21.965 34.778 $ 6,995.64 5,796.37 $ 83,467.73 69,556.44 __/__/2025 – __/__/2026 $ 22.624 35.822 $ 7,164.31 5,970.26 $ 85,971.77 71,643.14 __/__/2026 – __/__/2027 $ 23.303 36.896 $ 7,379.24 6,149.37 $ 88,550.92 73,792.43 __/__/2027 – __/__/2028 $ 24.002 38.003 $ 7,600.62 6,333.85 $ 91,207.45 76,006.20 __/__/2028 – __/__/2029 $ 24.722 39.143 $ 7,828.64 6,523.87 $ 93,943.67 78,286.39 __/__/2029 – __/__/2030 $ 25.464 40.317 $ 8,063.50 6,719.58 $ 96,761.98 80,634.98 __/__/2030 – __/__/2031 $ 26.228 41.527 $ 8,305.40 6,921.17 $ 99,664.84 83,054.03 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.
Appears in 2 contracts
Samples: Employment Agreement (1847 Goedeker Inc.), Employment Agreement (1847 Goedeker Inc.)
