Common use of INITIAL TERM MINIMUM RENT Clause in Contracts

INITIAL TERM MINIMUM RENT. During the Initial Term, the Minimum Rent shall accrue or be paid to Landlord by Tenant monthly in advance and shall be calculated as follows:

Appears in 3 contracts

Samples: Lease and Security Agreement (Balanced Care Corp), Lease and Security Agreement (Balanced Care Corp), Lease and Security Agreement (American Retirement Corp)

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INITIAL TERM MINIMUM RENT. During the Initial Term, the Minimum Rent (the "Initial Term Minimum Rent") shall accrue or be paid to Landlord by Tenant monthly in advance on the first business day of each month (except for the payment made on the date hereof for the period of December 18, 2000 through December 31, 2000), and shall be calculated as follows:

Appears in 1 contract

Samples: Lease Agreement (American Retirement Corp)

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