Common use of Minimum Annual Rent Clause in Contracts

Minimum Annual Rent. Effective as of June 1,2018, and continuing through and including the Expiration Date, Tenant’s Minimum Annual Rent obligation for the Premises shall be as follows: 6/1/2018 -5/31/2019 $ 12.65 $ 203,816.80 $ 16,984.73 6/1/2019 -5/31/2020 $ 13.15 $ 211,872.80 $ 17,656.07 6/1/2020 - 5/31/2021 $ 13.65 $ 219,928.80 $ 18,327.40

Appears in 2 contracts

Samples: Lease Agreement (TELA Bio, Inc.), Lease Agreement (TELA Bio, Inc.)

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Minimum Annual Rent. Effective as of June 1,2018, on and continuing through and including after the Expiration Additional Premises Commencement Date, Tenant’s Tenant shall pay Minimum Annual Rent obligation for the Additional Premises shall be as followsin accordance with the following chart: 6/1/2018 -5/31/2019 August 1, 2014-May 31, 2015 $ 12.65 10.60 $ 203,816.80 49,311.20 $ 16,984.73 6/1/2019 -5/31/2020 4,109.27 June 1, 2015 - May 31, 2016 $ 13.15 10.85 $ 211,872.80 50,474.20 $ 17,656.07 6/1/2020 - 5/31/2021 4,206.18 June 1, 2016-May 31, 2017 $ 13.65 11.10 $ 219,928.80 51,637.20 $ 18,327.404,303.10 June 1, 2017-May 31, 2018 $ 11.35 $ 52,800.20 $ 4,400.02

Appears in 2 contracts

Samples: Lease Agreement (TELA Bio, Inc.), Lease Agreement (TELA Bio, Inc.)

Minimum Annual Rent. Effective as of June 1,2018During the extended Lease Term, and continuing through and including the Expiration Date, Tenant’s Minimum Annual Rent obligation for the Premises shall be as follows: 6/1/2018 -5/31/2019 $ 12.65 $ 203,816.80 $ 16,984.73 6/1/2019 -5/31/2020 $ 13.15 $ 211,872.80 $ 17,656.07 6/1/2020 July 1, 2018 - 5/31/2021 $ 13.65 $ 219,928.80 $ 18,327.40July 31, 2018 $0.00 August 1, 2018 - July 31, 2019 $113,700.00 ($15.00/psf) August 1, 2019 - July 31, 2020 $116,580.40 ($15.38/psf) August 1, 2020 - July 31, 2021 $119,460.80 ($15.76/psf) Section 1.01(d) is hereby modified and amended to reflect such Minimum Annual Rent during the extended Lease Term

Appears in 1 contract

Samples: Office Lease (Aerpio Pharmaceuticals, Inc.)

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Minimum Annual Rent. Commencing on the Effective as of June 1,2018, and continuing through and including the Expiration Date, Tenant’s the monthly Minimum Annual Rent obligation for the entire Premises shall (including the 2007 Expansion Space) will be as follows: 6/1/2018 -5/31/2019 June 1, 2007 – October 31, 2007 $ 12.65 6,582.50 $ 203,816.80 $ 16,984.73 6/1/2019 -5/31/2020 $ 13.15 $ 211,872.80 $ 17,656.07 6/1/2020 - 5/31/2021 $ 13.65 $ 219,928.80 $ 18,327.4039,492.77 November 1, 2007 – October 31, 2008 6,779.98 40,528.96 November 1, 2008 – October 31, 2009 6,983.37 41,592.50 November 1, 2009 – February 28, 2010 7,192.88 42,684.16

Appears in 1 contract

Samples: Lease (Ev3 Inc.)

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