Gross Rent. For the first year of the Term (12 months' occupancy), Tenant shall pay to Landlord Twenty Six Thousand Four Hundred Twenty Nine and 00/100 Dollars ($26,429.00) as gross rent ($13.00 per rentable square foot) for the Premises (the "Annual Gross Rent"), due and payable on the first day of each calendar month (first month's Rent and Security Deposit due upon Tenants' execution of this Lease) during the first year of the Term at Two Thousand Two Hundred Two and 42/100 Dollars ($2,202.42 ) per month ("Monthly Rent") together with any and all applicable sales and other taxes now or later enacted. Tenant covenants to pay without notice, deduction, set-off or abatement to Landlord the Gross Rent. All sums due and payable by Tenant to Landlord under the terms and provisions of this Lease shall constitute "Additional Rent" under this Lease. All checks or negotiable drafts for Monthly Rent and any Additional Rent are to be made payable to the order of Landlord and mailed or hand delivered to Landlord's office or to any other office so designated by Landlord. If the Commencement Date is not on the first day of a calendar month, the first payment due and payable shall include a per diem proration payment for such partial calendar month together with Monthly Rent for the month next following the Commencement Date. Commencing in the second (2nd) Lease Year (after 12 months of occupancy), and each Lease Year thereafter, the Annual Gross Rent shall escalate on the basis of five percent (5%) over the previous Lease Year's Annual Gross Rent plus applicable sales and other taxes thereon, now existing or later enacted. However, if the amount of Real Estate Taxes, Utilities (total of electricity, water, garbage removal) or Insurance increase in excess of 5% during any calendar year of this Lease over the previous calendar year, Tenant will be charged its proportionate share of such increase over 5%. Tenant's share of such increased costs shall be determined by multiplying the increase over 5% by a fraction, the numerator of which shall be the square footage of the Tenant's Premises and the denominator of which shall be the total leased space of the Building as reasonably determined by Landlord. For years where occupancy is less than a calendar year, Tenant's proportionate share, if any, will be prorated accordingly.
Gross Rent. In addition to Rent in Section 4.a, Tenant agrees to pay Landlord, on 6,994 rentable square feet, “all-in” gross rent (“Rent”), for the remainder of the Initial Term of the Lease, at the rate of $14.00 per square foot, plus applicable sales tax. Tenant is not responsible for any Common Area Maintenance or costs related thereto. Rent shall be due and payable, in advance, in equal monthly installments of $8,159.67, commencing on the date Tenant takes occupancy, or October 15, 2013, whichever occurs first, and continuing on the first day of each calendar month thereafter during the Initial Term. Rent for periods of less than one full month will be pro-rated on a daily basis. The parties agree that when the occupancy date is agreed upon, they will execute a document certifying said date of occupancy.
Gross Rent. For greater certainty, Tenant shall pay directly to the Landlord all gross rents, prepayments and deposits to be applied to the Sublandlord's rental account, as Gross Rent for the Third Floor Leased Premises, payable in equal monthly installments in advance on the first day of each calendar month during the term of the Sublease.
Gross Rent. The Lessee shall pay annual Gross Rent to the average amount of Thirty-Four Dollars ($34.00) per square foot of leaseable retail area of the Leased Premises. The Gross Rent shall be paid in equal monthly instalments, monthly in advance. According to the following schedule: Years 1-5 Square feet Rate Total Retail 333 $34.00 $11,322.00 Mezzanine 179 $5.31 $950.49 Promotion 0.06 $736.35 Total Annual $13,008.84 Monthly $1,084.07 +HST There shall be no Additional Rent payable under this Agreement, save and except monies to be paid under Article VI of this Lease.
Gross Rent. The “Gross Rent” or the “Rent” shall consist of (a) Base Rent (as herein defined) and (b) additional rent (“Additional Rent”) consisting of all other sums of money that shall become due from and payable by Tenant to Landlord hereunder.
Gross Rent. EKSO hereby covenants and agrees to pay to Xxxxxx, in advance, each month beginning on the first day of the first calendar month of the Term, Gross Rent in the amount of $2,932.40 per month (the “Gross Rent”), which represents the agreed aggregate costs and expenses related to the Premises to be reimbursed by XXXX. In the event the Commencement Date falls on a day other than the first day of the month, the first payment of Gross Rent will be made on the Commencement Date in a prorated amount for the applicable portion of the calendar month in which the Commencement Date occurs.
Gross Rent. Subtenant covenants to pay to Tenant in Canadian dollars, in advance on the first day of each and every calendar month during the Term hereof, without previous demand therefore and without any delay, defense, set-off, abatement or deduction, suspension or counterclaim whatsoever, a rent of One Hundred and Seventy Dollars ($170.00) per square foot of the Subleased Premises and a rent of One Hundred Dollars ($100.00) per square foot of the Storage Premises, per annum plus all applicable taxes (the “Gross Rent”). Subtenant will deliver to Tenant every (3) three months, a series of three (3) monthly post-dated cheques for the rental year for the total monthly payments of Gross Rent for such months during the Term. Rent for partial calendar months at the beginning or the expiration of the Term of this Agreement shall be prorated.
Gross Rent. Sub lessee agrees to pay to Sub lessor as rent for the Leased Premises, in good funds, in equal monthly installments of Three Thousand Si x Hundred Sixty six and .66 Dollars ($3,666.66), plus applicable Florid a sales lax, commencing Jul y 1 , 2011 through May 31, 201 3 ("G xxxx Rent"). Rent for all periods prior to Jul y 1, 20 11 shalt be abated. Payments of monthly Gross Rent shall be paid in advance not later than the first day of each and every calendar month commencing July 1 , 20 II and trans mitted via Electronic Fund Transfer (EFT) to the following banking location: Bank: US Bank Address: 800 Nicollet Ma lll - 2nd Floor City: Minneapolis State: MN. Zip Code: 55402 Phone: 000-000-0000 Account Name: Xxxxxxx Wagonlit Travel Account Number: 1 60233278904 Bank Routing Number: 091 000022 Swift Code: USBK US44I MT Gross Rent for any partial month falling within the Term shall be prorated based 011 the portion of such month falling within the Term. Except as provided herein S blesse shall not be responsible for any other rent, charges, assessments, fees, etc. which are provided in the normal course by Landlord under the Master Lease.
Gross Rent a. With the exception detailed in subparagraph (b) of this Section 4, Sublessee agrees to pay Sublessor during the Term, Gross Rent in the amount of $3,239.83 per month, payable on the first day of each month throughout the Term. The Gross Rent includes an agreed upon adjustment to partially compensate Sublessee for the cost of three (3) parking spaces acquired by Sublessee that are in addition to the one (1) parking space provided by Sublessor pursuant to section 6 hereof.
b. Specific only to the month of September 2009, due to an overpayment made by the Sublessee pertaining to the Month of August 2009, the Sublessee shall pay $2,872.33 as its monthly Gross Rent for the month of September 2009.
c. Any payment due from Sublessee not paid within ten (10) days of being due shall bear interest at the rate of ten percent (10%) per annum until full payment is received by Sublessor.
d. All Gross Rent payable by Sublessee under this Sublease Agreement shall be paid, without notice or prior demand therefor and without any deduction or set-off whatsoever, to Sublessor, at the address set forth below or at such place as Sublessor may designate from time to time by written notice to Sublessee.
Gross Rent. As defined in part 813 of this chapter. Household type. The three household types are (1) elderly and handicapped,
