Guaranteed Minimum Monthly Rental. Tenant shall pay to Landlord, during the term of this Lease from and after the Commencement Date as Guaranteed Minimum Monthly Rental ("GMMR") for the Demised Premises the sum specified in Section 1.8 hereof, which sum shall be paid in advance on the first (1st) day of each calendar month. Tenant, contemporaneously with the execution of this Lease, shall deliver to Landlord GMMR for one calendar month, which shall be applicable to the initial month following the Commencement Date, the receipt of which is hereby acknowledged by Landlord. In the event the Commencement Date does not occur on the first (1 st) day of a calendar month, the GMMR for the initial fractional month shall be prorated as of the Commencement Date on a per diem basis (calculated on the basis of a thirty (30) day month) and any additional GMMR shall be credited against the GMMR for the first full calendar month following the Commencement Date. All rental to be paid by Tenant to Landlord shall be in lawful money of the United States of America and shall be paid without deduction or offset, prior notice or demand at the address designated in Section 1.12 hereof. The rent is not based on a price per square footage for the rental unit.
Guaranteed Minimum Monthly Rental. Tenant shall pay to Landlord during the term of this Lease as guaranteed minimum monthly rental for the Premises the sum of Five Thousand Eight Hundred Fifty and no/100 ($5,850.00) Dollars per month. Should the term of this Lease not commence on the first day of a calendar month, the term of this Lease shall be extended for such fractional month. In that event, Tenant shall pay rent in advance for such fractional month on a per diem basis (calculated on the basis of a thirty (30) day month) until the first day of the next month, and thereafter the guaranteed minimum monthly rental shall be paid in equal installments on the first day of each and every month in advance. All amount to be paid by Tenant to Landlord under this Lease shall be in lawful money of the United States of America and shall be paid without deduction or offset, prior notice or demand at the address designated in Article 30. Any payment due from Tenant to Landlord not paid within thirty (30) days of its due date shall be subject to a five percent (5%) late charge.
Guaranteed Minimum Monthly Rental. Tenant shall pay to the Landlord during the term of this lease as minimum monthly rental for the demised premises the sum of Twenty-Six Thousand and 00/100** ($26,000.00) Dollars per month, which sum shall be paid in advance on the first day of each calendar month. All rental to be paid by Tenant to Landlord shall be in lawful money of the United States of America and shall be paid without deduction or offset, prior notice or demand at the address designated in Article 30. Any rent payment not paid within ten (10) days of its due date shall be subject to a ten (10) percent late charge. ** In addition to the minimum monthly rent, Tenant to pay monthly common area maintenance (CAM), real estate taxes and insurance of $3,532.69, for a total monthly rent of $29,532.69.
Guaranteed Minimum Monthly Rental. Tenant shall pay to the Landlord during the term of this lease as minimum monthly rental for the demised premises the sum of **See Below ($ ) Dollars per month, which sum shall be paid in advance on the first day of each calendar month. All rental to be paid by Tenant to Landlord shall be in lawful money of the United States of America and shall be paid without deduction or offset, prior notice or demand at the address designated in Article 30. Any rent payment not paid within ten (10) days of its due date shall be subject to a ten (10) percent late charge. **Year 1: Base rent of $39,698.40, plus R.E. Tax/CAM charges of $5,861.60 = $45,560.00 mo. Years 2 through 5: Base rent increased each July by CPI adjustment (not less than 3%, nor greater than 6%), plus R.E. Tax/CAM charges
Guaranteed Minimum Monthly Rental. Commencing as of the commencement date as contemplated in Section 3.1 and during the remainder of the term of this Lease, Tenant shall pay to Landlord as Guaranteed Minimum Monthly Rental for the demised premises the applicable sum set forth in Section 1.7 above, which sum shall be paid in advance on the first day of each calendar month. If the term of this Lease commences on a day other than the first day of a calendar month, Tenant shall pay Guaranteed Minimum Monthly Rental in advance for such fractional month prorated based upon the remaining days in such fractional month as compared to the total number of days in such month. All rental to be paid by Tenant to Landlord shall be paid without deduction, offset, prior notice or demand to the address provided in Article 28.
Guaranteed Minimum Monthly Rental. Lessee shall pay to Lessors during the term of this Lease, beginning on the date of occupancy and continuing through the expiration of this Lease, the annual rental of Eight Hundred Twenty-Two Thousand Four Hundred Forty-Five Dollars and Eight Cents ($822,445.08) paid in equal monthly installments of Sixty-Eight Thousand Five Hundred Thirty-Seven Dollars and Nine Cents ($68,537.09) in advance on the first day of each and every month during the term of this Lease ("Guaranteed Monthly Rental"). If the Guaranteed Monthly Rental is not received by Lessors within ten (10) days of its due date, it is in default. Any Guaranteed
Guaranteed Minimum Monthly Rental. Tenant shall pay to Landlord during term of this lease a minimum monthly rental for the demised premises in the sum of $3,402 per month, on the 1st day of each month, which sum shall be paid in lawful money of the United States of America, and shall be paid without deduction or offset prior to notice or demand, at the address designated in Article 29. Any rent payment not paid within five (5) days of its due date shall be subject to a five (5%) percent late charge. Tenant shall operate the business in a first-class manner and shall at all times maintain the business and premises in a neat and clean condition.
Guaranteed Minimum Monthly Rental. Lessee shall pay to Lessors during the term of this Lease, beginning June 1, 1996 (or upon such date as the Premises are available for Lessee's occupancy) and continuing through the expiration of this Lease ending May 31, 2006, the annual rental of Six Hundred Forty Thousand Two Hundred Thirty Dollars ($640,230) paid in equal monthly installments of Fifty Three Thousand Three Hundred Fifty Two Dollars and Fifty Cents ($53,352.50) in advance on the first day of each and every month during the term of this Lease. If the Guaranteed Monthly Rental is not received by Lessors within ten (10) days of its due date, it is in default. Any Guaranteed Minimum Monthly Rent in default may be subject, at Lessors' discretion, to an additional charge of five percent (5%) per month on the unpaid balance thereof as a late charge. In addition to Guaranteed Rent, Lessee agrees to pay any excise, privilege or sales taxes or any tax levied on the rental or the receipt thereof, except Lessors' income tax. Said rental shall be paid to Lessors by check or wire transfer in equal amounts to Susax X. Xxx xx Trustee for the 12/31/87 Trust of Susax X. Xxx; Xxvix X. Xxx as Trustee for the 12/31/87 Trust of Davix X. Xxx; and John X. Xxx xx Trustee for the 12/31/87 Trust of John X. Xxx, xx lawful money of the United States of America at 1345 Xxxxxxxxxx Xxxxx, Xxxx Xxxxxxx, Xxxxxxxxxxxx 00000, xx to such other person or at such other place as Lessors may from time to time designate in writing.
Guaranteed Minimum Monthly Rental a. Beginning on March 1, 2014 (the “Rent Adjustment Date”), the Guaranteed Minimum Monthly Rental payable by Tenant for the Premises shall be payable by Tenant in accordance with the rent schedule set forth below. Notwithstanding the provisions of this Section 3.a, until the Rent Adjustment Date, Tenant shall continue to pay Guaranteed Minimum Monthly Rental for the Premises in accordance with the provisions of Article 1.7 of the Original Lease, as amended by Section 4 of the First Amendment. Months/Period Guaranteed Minimum Monthly Rental March 1, 2014 through June 30, 2017 $141,150.00 July 1, 2017 through October 31, 2020 $150,560.00 November 1, 2020 through December 4, 2023 $159,970.00
Guaranteed Minimum Monthly Rental. Tenant shall pay to Landlord as minimum monthly rental for the premises, the sum of ONE THOUSAND AND THREE HUNDRED AND EIGHTY DOLLARS ($1,380) per month which sum shall be paid in advance of the commencement of the tem of this Lease and on the first day of each calendar mouth thereafter throughout the term of this Lease. Said rental shall be prorated for any partial calendar month of the term hereof. All rental to be paid by Tenant to Landlord shall be in lawful money of the United States of America and shall be paid without deduction or offset, prior notice or demand, and at such place or places as may be designated from time to time by Landlord. On execution and delivery of this Lease, Tenant shall pay Landlord ONE THOUSAND AND THREE HUNDRED AND EIGHTY DOLLARS ($1,380) per month as minimum guaranteed rental for the first mouth of the Lease term.
