Common use of INITIAL TERM MINIMUM RENT Clause in Contracts

INITIAL TERM MINIMUM RENT. During the first Lease Year of the Initial Term, Tenant shall pay to Landlord Minimum Rent equal to the amount of One Hundred Fifty-Four Thousand One Hundred Fifty-Eight and 41/100 Dollars ($154,158.41) payable in equal monthly installments of Twelve Thousand Eight Hundred Forty Six and 53/100 Dollars ($12,846.53).

Appears in 1 contract

Samples: Lease Agreement (Sterling House Corp)

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INITIAL TERM MINIMUM RENT. During the first Lease Year of the Initial Term, Tenant shall pay to Landlord Minimum Rent equal to the amount of One Twelve Million Four Hundred Fifty-Four Eight Thousand One Hundred Fifty-Eight and 41/100 Dollars ($154,158.4112,408,000) payable annually. Such Minimum Rent with respect to each month shall be paid by wire transfer in advance and in equal monthly installments of Twelve One Million Thirty-Four Thousand Eight Hundred Forty Six and 53/100 Dollars ($12,846.53)1,034,000) on the first business day of each such calendar month."

Appears in 1 contract

Samples: Master Lease and Security Agreement (American Retirement Corp)

INITIAL TERM MINIMUM RENT. During the first Lease Year of the Initial Term, Tenant shall pay to Landlord Minimum Rent equal to the amount of One Hundred FiftySeventy Three Thousand Two Hundred Seventy-Four Thousand One Hundred Fifty-Eight and 41/100 36/100 Dollars ($154,158.41173,271.36) payable in equal monthly installments of Twelve Fourteen Thousand Eight Four Hundred Forty Six Thirty-Nine and 53/100 28/100 Dollars ($12,846.5314,439.28).

Appears in 1 contract

Samples: Lease and Security Agreement (Sterling House Corp)

INITIAL TERM MINIMUM RENT. During the first Lease Year of the Initial Term, Tenant shall pay to Landlord Minimum Rent equal to the amount of One Hundred Fifty-Four One Thousand One Three Hundred Fifty-Eight Seventeen and 41/100 65/100 Dollars ($154,158.41151,317.65) payable in equal monthly installments of Twelve Thousand Eight Six Hundred Forty Six Nine and 53/100 80/100 Dollars ($12,846.5312,609.80).

Appears in 1 contract

Samples: Lease Agreement (Sterling House Corp)

INITIAL TERM MINIMUM RENT. During the first Lease Year of the Initial Term, Tenant shall pay to Landlord Minimum Rent equal to the amount of Two Million Eight Hundred Forty-One Hundred Fifty-Four Thousand One Hundred Fifty-Eight and 41/100 Dollars ($154,158.412,841,000) payable annually. Such Minimum Rent with respect to each month shall be paid by wire transfer in advance and in equal monthly installments of Twelve Two Hundred Thirty-Six Thousand Eight Seven Hundred Forty Six and 53/100 Fifty Dollars ($12,846.53)236,750) on the first business day of each such calendar month.

Appears in 1 contract

Samples: Master Lease and Security Agreement (Balanced Care Corp)

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INITIAL TERM MINIMUM RENT. During the first Lease Year of the Initial Term, Tenant shall pay to Landlord Minimum Rent equal to the amount of One (a) Nine Million Six Hundred Fifty-Four Ninety Thousand One Hundred Fifty-Eight and 41/100 Dollars ($154,158.419,690,000) payable in equal monthly installments of Twelve annually for each Lease Year through and including the Lease Year ending June 30, 2011, and (b) Nine Million Five Hundred Four Thousand Eight Hundred Forty Six and 53/100 Dollars ($12,846.53).9,504,000) annually for each Lease Year thereafter, plus, in any Lease Year in which due, Development Rent (as

Appears in 1 contract

Samples: Master Lease and Security Agreement (American Retirement Corp)

INITIAL TERM MINIMUM RENT. During the first Lease Year of the Initial Term, Tenant shall pay to Landlord Minimum Rent equal to the amount of One Four Million Two Hundred FiftyNinety-Four Three Thousand One Hundred Fifty-Eight and 41/100 Dollars ($154,158.414,293,000) payable annually. Such Minimum Rent with respect to each month shall be paid by wire transfer in advance and in equal monthly installments of Twelve Three Hundred Fifty-Seven Thousand Eight Seven Hundred Forty Six and 53/100 Fifty Dollars ($12,846.53)357,750) on the first business day of each such calendar month.

Appears in 1 contract

Samples: Master Lease and Security Agreement (Balanced Care Corp)

INITIAL TERM MINIMUM RENT. During the first Lease Year of the Initial Term, Tenant shall pay to Landlord Minimum Rent equal to the amount of One Eight Million Three Hundred FiftyTwenty-Four Two Thousand One Hundred Fifty-Eight and 41/100 Dollars ($154,158.418,322,000) payable annually. Such Minimum Rent with respect to each month shall be paid by wire transfer in advance and in equal monthly installments of Twelve Six Hundred Ninety-Three Thousand Eight Five Hundred Forty Six and 53/100 Dollars ($12,846.53)693,500) on the first business day of each such calendar month.

Appears in 1 contract

Samples: Master Lease and Security Agreement (American Retirement Corp)

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