Common use of Impositions Rental Clause in Contracts

Impositions Rental. Commencing upon expiration of the Base Year, Tenant shall pay to Landlord, throughout the remainder of the Term as Additional Rent, Tenant’s Proportionate Share (as defined in Section 1.15) of the amount by which the Impositions (as hereinafter defined) during each Calendar Year exceed the Impositions for the Base Year (“Impositions Rental”). In the event that the Expiration Date is other than the last day of a Calendar Year, then Impositions for the Base Year and applicable Calendar Year shall be appropriately prorated.

Appears in 1 contract

Samples: Commercial Office Lease (Synplicity Inc)

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Impositions Rental. Commencing upon expiration of the Base Year, Tenant shall pay to Landlord, throughout the remainder of the Term and the Renewal Term, if exercised, as Additional Rent, Tenant’s 's Proportionate Share (as defined in Section SECTION 1.15) of the amount by which the Impositions (as hereinafter defined) during each Calendar Year exceed the Impositions for the Base Year ("Impositions Rental"). In the event that the Expiration Date is other than the last day of a Calendar Year, then Impositions for the Base Year and applicable Calendar Year shall be appropriately prorated.

Appears in 1 contract

Samples: Commercial Office Lease (Raytel Medical Corp)

Impositions Rental. Commencing upon expiration of the Base Year, ------------------ Tenant shall pay to Landlord, throughout the remainder of the Term as Additional Rent, Tenant’s 's Proportionate Share (as defined in Section SECTION 1.15) ------------ of the amount by which the Impositions (as hereinafter defined) during each Calendar Year exceed the Impositions for the Base Year ("Impositions Rental"). In the event that the Expiration Date is other than the last day of a Calendar Year, then Impositions for the Base Year and applicable Calendar Year shall be appropriately prorated.

Appears in 1 contract

Samples: Commercial Office Lease (Compumed Inc)

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Impositions Rental. Commencing upon expiration of the Base Year, Tenant shall pay to Landlord, throughout the remainder of the Term as Additional Rent, Tenant’s 's Proportionate Share (as defined in Section 1.15) of the amount by which the Impositions (as hereinafter defined) during each Calendar Year exceed the Impositions for the Base Year ("Impositions Rental"). In the event that the Expiration Date is other than the last day of a Calendar Year, then Impositions for the Base Year and applicable Calendar Year shall be appropriately prorated.

Appears in 1 contract

Samples: Commercial Office Lease (New Playboy Inc)

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