Common use of Minimum Annual Rent Clause in Contracts

Minimum Annual Rent. For purposes of this Lease, the term “Minimum Annual Rent” means ONE HUNDRED FIFTY THOUSAND Dollars ($150,000) per year, which amount shall automatically increase in accordance with Section 3.2.4. The Minimum Annual Rent shall be payable in twelve (12) equal monthly installments, in advance, on or before the first (1st) day of each calendar month during the Stabilized Period as provided in Section 3.2 below.

Minimum Annual Rent. For purposes Tenant shall pay each monthly installment of this Lease, the term “Minimum Annual Rent” means ONE HUNDRED FIFTY THOUSAND Dollars ($150,000) per year, which amount shall automatically increase in accordance with Section 3.2.4. The Minimum Annual Rent shall be payable in twelve (12) equal monthly installmentsduring the Lease Term, in advance, on or before the first (1st) day of each calendar month, without setoff, deduction, prior notice or demand. If the Rent Commencement Date is other than the first day of a calendar month, then the Minimum Annual Rent for such fractional month during shall be computed on a daily basis in an amount equal to one-thirtieth (1/30th) of the Stabilized Period as provided in Section 3.2 belowmonthly installment of Minimum Annual Rent.

Minimum Annual Rent. For purposes Each month of the initial term of this Leaselease, Tenant shall pay rent, without notice or demand, and without set off, due and payable on the term “Minimum Annual Rent” means ONE HUNDRED FIFTY THOUSAND Dollars ($150,000) per year, which amount shall automatically increase in accordance with Section 3.2.4first day of each calendar month. The Minimum Annual Rent shall be Seventy-five Thousand ($75,000.00) Dollars payable in twelve (12) equal monthly installments, in advance, on or before the first installments of Six Thousand Two-hundred and Fifty (1st$6,250.00) day of each calendar month during the Stabilized Period as provided in Section 3.2 belowDollars per month.

Minimum Annual Rent. For purposes of this Lease, the term “Minimum Annual Rent” means ONE HUNDRED FIFTY THOUSAND Dollars ($150,000) per year, which amount Tenant shall automatically increase in accordance with Section 3.2.4. The pay Minimum Annual Rent shall be payable in twelve (12) equal monthly installmentsinstallments during each year of the Lease Term, in advance, on or before the first (1st) day of each calendar month during the Stabilized Period as provided in Section 3.2 belowmonth, without setoff, deduction, prior notice or demand.

Minimum Annual Rent. For purposes Each month of the initial term of this Leaselease, Tenant shall pay rent, without notice or demand, and without set off, due and payable on the term “Minimum Annual Rent” means ONE HUNDRED FIFTY THOUSAND Dollars ($150,000) per year, which amount shall automatically increase in accordance with Section 3.2.4first day of each calendar month. The Minimum Annual Rent shall be Sixty Thousand ($60,000.00) Dollars payable in twelve (12) equal monthly installments, in advance, on or before the first installments of Five Thousand (1st$5,000.00) day of each calendar month during the Stabilized Period as provided in Section 3.2 belowDollars per month.