Common use of INITIAL TERM RENTAL Clause in Contracts

INITIAL TERM RENTAL. The Lessee shall pay the Lessor rent for the Premises during the first year of the initial 3-year Lease term at the following rate: The sum of Eight Thousand And 00/100Dollars ($8,000.00) per annum, in equal monthly installments of And /100 Dollars ($ ). The annual rental rate for the first and each subsequent year of the initial term shall be in accordance with the following schedule. Initial Term Rental Rate Schedule Begin Date End Date Annual Rent Monthly Rent $ $ $ $ $ The annual rent throughout the entire lease term, including optional extensions, shall be payable in advance in monthly installments as shown above on the first day of each month, except for the month of July during which the monthly installment is not due until the 15th day. Said rental payments shall be made to Lessor at the address for notices hereinafter set forth.

Appears in 2 contracts

Samples: Sample Gross Lease, www.wisconsin.edu

AutoNDA by SimpleDocs

INITIAL TERM RENTAL. The Lessee shall pay the Lessor rent for the Premises during the first year of the initial 3-year -year Lease term at the following rate: The sum of Eight Thousand And 00/100Dollars /100 Dollars ($8,000.00$ _) per annum, in equal monthly installments of And /100 Dollars ($ ). The annual rental rate for the first and each subsequent year of the initial term shall be in accordance with the following schedule. Initial Term Rental Rate Annual increases of XXX% shall apply to . Insert Table from Rent Schedule Begin Date End Date Annual Rent Monthly Rent $ $ $ $ $ Template in Document Templates or another version The annual rent throughout the entire lease term, including optional extensions, shall be payable in advance in monthly installments as shown above on the first day of each month, except for the month of July during which the monthly installment is not due until the 15th day. Said rental payments shall be made to Lessor at the address for notices hereinafter set forth.

Appears in 1 contract

Samples: Gross Lease

AutoNDA by SimpleDocs

INITIAL TERM RENTAL. The Lessee shall pay the Lessor rent for the Premises during the first year of the initial 3-year Lease term at the following rate: The sum of Eight Thousand And 00/100Dollars 00 /100Dollars ($8,000.00) per annum, in equal monthly installments of And /100 Dollars ($ ). The annual rental rate for the first and each subsequent year of the initial term shall be in accordance with the following schedule. Initial Term Rental Rate Schedule Begin Date End Date Annual Rent Monthly Rent $ $ $ $ $ The annual rent throughout the entire lease term, including optional extensions, shall be payable in advance in monthly installments as shown above on the first day of each month, except for the month of July during which the monthly installment is not due until the 15th day. Said rental payments shall be made to Lessor at the address for notices hereinafter set forth.

Appears in 1 contract

Samples: Sample Gross Lease

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!