Common use of Initial Rental Obligation Clause in Contracts

Initial Rental Obligation. Tenant shall pay Twenty-Five Thousand ($25,000.00) Dollars to Landlord on the 1st day of each month and continuing thereafter on a monthly basis for the first term and each and every month during the term (“Monthly Rent”). Tenant shall pay to Landlord the pro rata portion of the rent due from the Effective Date through the last day of the month in which the Effective Date occurs, and said Monthly Rent shall thereafter be paid on a regular and continuing basis as stated in this Section,

Appears in 2 contracts

Samples: Stock Purchase Agreement (VCG Holding Corp), Ground Lease Agreement (VCG Holding Corp)

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Initial Rental Obligation. Tenant shall pay Twenty-Five Twenty Thousand Dollars ($25,000.0020,000) Dollars to Landlord on the 1st day of each month and continuing thereafter on a monthly basis for the first term and each and every month during the term (“Monthly Rent”). Tenant shall pay to Landlord the Ten Thousand Dollars ($10,000.00) on July 16, 2010 as pro rata portion of the rated rent due from the Effective Date for July 16, 2010 through the last day of the month in which the Effective Date occursJuly 31, and said Monthly Rent shall thereafter be paid on a regular and continuing basis as stated in this Section,2010.

Appears in 1 contract

Samples: Deed of Ground Lease (Ricks Cabaret International Inc)

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Initial Rental Obligation. Tenant shall pay Twenty-Five Twenty Thousand Dollars ($25,000.0020,000) Dollars to Landlord on the 1st l day of each month and continuing thereafter on a monthly basis for the first term and each and every month during the term (“Monthly Rent”). Tenant shall pay to Landlord the Nine Thousand Dollars ($9,000.00) on September 17, 2007 as pro rata portion of the rated rent due from the Effective Date through the last day of the month in which the Effective Date occursfor September 17, and said Monthly Rent shall thereafter be paid on a regular and continuing basis as stated in this Section,2007 though September 30, 2007.

Appears in 1 contract

Samples: Ground Lease (VCG Holding Corp)

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