Common use of Minimum Annual Rent Clause in Contracts

Minimum Annual Rent. Tenant shall pay the Minimum Annual Rent set forth in the Indenture in advance, in monthly installments on or before the first (1st) day of each month during the Term, without notice, demand, setoff or deduction; except that the Prepaid Rent set forth in Section 1.17 of the Indenture, if any, shall be paid upon the execution of this Lease by Xxxxxx and shall be applied by Landlord to the payment of Minimum Annual Rent next coming due hereunder.

Appears in 2 contracts

Samples: Indenture of Lease, Indenture of Lease

AutoNDA by SimpleDocs

Minimum Annual Rent. Effective as of the Lease Commencement Date, Tenant shall agrees to pay to Landlord, Minimum Annual Rent, in the amounts provided in Section 1.1(k) hereof, payable in advance in equal successive monthly installments on the first day of each and every calendar month during the Term and the Renewal Term, if any; provided, however, Minimum Annual Rent set forth in shall be prorated for the Indenture in advance, in monthly installments on or before applicable portion of the first (1st) day of each and last month during in which the Term, without notice, demand, setoff or deduction; except that the Prepaid Rent set forth in Section 1.17 of the Indenture, if any, shall be paid upon the execution of this Lease by Xxxxxx same is due and shall be applied by Landlord to the payment of Minimum Annual Rent next coming due hereunderpayable.

Appears in 2 contracts

Samples: Lease Agreement (CONTRAFECT Corp), Lease Agreement (CONTRAFECT Corp)

Minimum Annual Rent. Tenant shall pay to Landlord the Minimum Annual Rent set forth in the Indenture Monthly Rental Installments in advance, in monthly installments without demand, abatement, deduction or offset, on the Commencement Date and on or before the first (1st) day of each and every calendar month thereafter during the Lease Term, without notice, demand, setoff or deduction; except that . The Monthly Rental Installments for partial calendar months shall be prorated. Tenant shall be responsible for delivering the Prepaid Rent Monthly Rental Installments to the payment address set forth in Section 1.17 of the Indenture, if any, shall be paid upon the execution of 1.01(d) above in accordance with this Lease by Xxxxxx and shall be applied by Landlord to the payment of Minimum Annual Rent next coming due hereunderSection 3.01.

Appears in 2 contracts

Samples: Phoenix Blackstone Center Lease (GreenSky, Inc.), Phoenix Blackstone Center Lease (GreenSky, Inc.)

Minimum Annual Rent. (a) Tenant shall pay to Landlord the Minimum Annual Rent in Monthly Rental Installments in advance, without demand, deduction or offset (except as set forth in subsection 3.01(b) below), unless expressly provided in this Lease, beginning March 1, 2021. Tenant shall have possession of the Indenture in advance, in monthly installments entire Leased Premises on the Commencement Date. Payment is due on or before the first (1st) day of each and every calendar month thereafter during the Lease Term, without notice, demand, setoff or deduction; except that the Prepaid Rent set forth in Section 1.17 of the Indenture, if any, shall be paid upon the execution of this Lease by Xxxxxx and shall be applied by Landlord to the payment of Minimum Annual Rent next coming due hereunder.

Appears in 1 contract

Samples: Office Lease (Lightning eMotors, Inc.)

Minimum Annual Rent. Effective as of the Rent Commencement Date, Tenant shall agrees to pay to Landlord, Minimum Annual Rent, in the amounts provided in Section 1.1(k) hereof, payable in advance in equal successive monthly installments on the first day of each and every calendar month during the Term and the Renewal Term, if any; provided, however, Minimum Annual Rent set forth in shall be prorated for the Indenture in advance, in monthly installments on or before applicable portion of the first (1st) day of each and last month during in which the Term, without notice, demand, setoff or deduction; except that the Prepaid Rent set forth in Section 1.17 of the Indenture, if any, shall be paid upon the execution of this Lease by Xxxxxx same is due and shall be applied by Landlord to the payment of Minimum Annual Rent next coming due hereunderpayable.

Appears in 1 contract

Samples: Lease Agreement (Alpha-en Corp)

Minimum Annual Rent. Tenant shall pay to Landlord the Minimum Annual Rent in the Monthly Rental Installments in advance, without deduction or offset, except as otherwise expressly set forth in this Lease, beginning on the Indenture in advanceCommencement Date and, in monthly installments thereafter, on or before the first (1st) day of each and every calendar month during the Term, without notice, demand, setoff or deduction; except that . The Monthly Rental Installments for partial calendar months shall be prorated on the Prepaid Rent set forth in Section 1.17 basis of the Indenture, if any, shall be paid upon total number of days in the execution of this Lease by Xxxxxx and shall be applied by Landlord to the payment of Minimum Annual Rent next coming due hereunderapplicable calendar month.

Appears in 1 contract

Samples: Office Lease (Unigraphics Solutions Inc)

Minimum Annual Rent. Tenant shall pay to Landlord the Minimum Annual Rent set forth in the Indenture Monthly Rental Installments in advance, without deduction or offset, except as otherwise provided in monthly installments Section 2.02(f) of this Lease, on the Commencement Date and on or before the first (1st) day of each and every calendar month thereafter during the Lease Term, without notice, demand, setoff or deduction; except that the Prepaid Rent set forth in Section 1.17 of the Indenture, if any, . The Monthly Rental Installments for partial calendar months shall be paid upon the execution of this Lease by Xxxxxx and shall be applied by Landlord to the payment of Minimum Annual Rent next coming due hereunderprorated.

Appears in 1 contract

Samples: Lease Agreement (Alliance Data Systems Corp)

AutoNDA by SimpleDocs

Minimum Annual Rent. Commencing upon the Commencement Date, Tenant agrees to pay to Landlord annual rent in advance without notice, abatement, deduction, or offset, except as expressly permitted herein, by the fifth (5th) day of each calendar year (“Minimum Annual Rent”) in the amount of $10.00. Tenant shall pay have the right to prepay the Minimum Annual Rent set forth in the Indenture in advance, in monthly installments on or before the first (1st) day of each month during the Term, without notice, demand, setoff or deduction; except that the Prepaid Rent set forth in Section 1.17 of the Indenture, if any, shall be paid upon the execution of this Lease by Xxxxxx and shall be applied by Landlord to the payment of Minimum Annual Rent next coming at any time. Any amount due hereunderfrom Tenant hereunder is “Rent”.

Appears in 1 contract

Samples: Ground Lease Agreement (Mechanical Technology Inc)

Minimum Annual Rent. Tenant shall agrees to pay to Landlord, in accordance with the terms hereof, Minimum Annual Rent, in the amounts provided in the definition of Minimum Annual Rent set forth as specified in the Indenture Section 1.1(i) above, payable in advance, advance in equal successive monthly installments on or before the first (1st) day of each and every calendar month during the Term, without notice, demand, setoff or deduction; except that the Prepaid Rent set forth subject Landlord’s compliance with Tenant’s claim voucher and documentation requirements specified in Section 1.17 of the Indenture4.2 below; provided, if anyhowever, shall be paid upon the execution of this Lease by Xxxxxx and shall be applied by Landlord to the payment of Minimum Annual Rent next coming shall be prorated for the applicable portion of the first and last month in which the same is due hereunderand payable.

Appears in 1 contract

Samples: Lease Agreement

Minimum Annual Rent. Tenant shall pay the to Landlord as Minimum Annual Rent set forth for the Leased Premises the sums specified in the Indenture Section 1.02 (C) hereof, payable in equal consecutive monthly installments in advance, in monthly installments without deduction or offset, on or before the first (1st) day of each and every calendar month during the Term, without notice, demand, setoff or deduction; except that the Prepaid Rent set forth in Section 1.17 of the Indenture, if any, shall be paid upon the execution of this Lease by Xxxxxx and shall be applied by Landlord to the payment of Minimum Annual Rent next coming due hereunder.

Appears in 1 contract

Samples: Lease Agreement (Healthessentials Solutions Inc)

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