Minimum Annual Rental. The minimum annual rental shall be one hundred sixty dollars ($160) for any area up to one hundred sixty (160) acres, and one dollar ($1) for each additional acre. (2-7-91)
Minimum Annual Rental. Tenant agrees to pay as rental for the use and occupancy of the Premises the Minimum Annual Rental specified in Article 1; although the Minimum Annual Rental is based on the Floor Area of the Building, it shall be the total Minimum Annual Rental due for both the Building and Tenant's Parcel. Minimum Annual Rental shall be calculated by multiplying the Minimum Annual Rental per square foot listed in Sections 1.4 and 3.4(c) hereof times the square feet of the Floor Area determined as provided in paragraph 9 of Exhibit C hereto. Tenant shall pay Minimum Annual Rental in twelve (12) equal monthly installments during each year, in advance, on the first day of each calendar month, without setoff, deduction, prior notice or demand, commencing on a date ("Rent Start Date") which shall be the earlier of (a) ninety (90) days after Landlord delivers to Tenant the Notice of Substantial Completion described in Section 3.2 or (b) the date Tenant opens for business, unless a different date is specified in Article 1 or Exhibit F. Notwithstanding the foregoing, the ninety (90) day period referenced in clause (a) hereof shall be extended one day for each day after Landlord's delivery to Tenant of the Notice of Substantial Completion that the completion of Tenant's Work is delayed as a result of a breach by Landlord of its obligations hereunder, or an event described in Section 26.5 hereof, provided, however, that the Rent Start Date shall not be extended as aforesaid until Landlord has received written notice from Tenant describing the delay. In the event Landlord and Tenant have not agreed or settled upon the actual measurement of the Floor Area of the Building as of the Rent Start Date, then until such time as the actual Floor Area has been determined, Tenant shall pay Minimum Annual Rental in the amounts set forth in Section 1.4, and if the Floor Area is determined at such later date to be greater than the Floor Area specified in Section 1.2, Tenant shall pay the additional amount due within thirty (30) days following the date of determination, and if the Floor Area is determined to be less than the Floor Area specified in Section 1.2, Landlord shall credit the amount of such overpayment against Tenant's account hereunder. Should the rental period commence on a day other than the first day of a calendar month, then the rental for such first fractional month shall be computed on a daily basis for the period from the date of commencement to the end of such calendar month a...
Minimum Annual Rental. Tenant shall pay the sum specified in Section 1. 12 ("Minimum Annual Rental") in the monthly installments specified, in advance, on or before the first (1st) day of each month, without prior demand and without offset or deduction, commencing on the Commencement Date. Should the Commencement Date be a day other than the first (1st) day of a calendar month, then the monthly installment of Minimum Annual Rental for the first partial month shall be equal to one-thirtieth (1/30th) of the monthly installment of Minimum Annual Rental for each day from the Commencement Date to the end of the partial month.
Minimum Annual Rental. A. Until adjusted pursuant to Paragraph 4D hereof, Tenant shall pay as minimum rent for the Demised Premises the sum of Thirty-Four Thousand Two Hundred Twenty-Five and No/100 Dollars ($34,225.00) annually which is Nine Dollars and 25/100 ($9.25) per square foot of rentable area (the "Minimum Annual Rental"). Such Minimum Annual Rental (as may be adjusted annually pursuant to Paragraph 4D hereof) shall be payable during the term hereof, in advance, in equal monthly installments, together with all sales, use or other taxes based thereon (including, but not limited to the tax imposed by Florida Statutes 212.03), and any other state, federal or other governmental or quasi-governmental tax, service tax, license fee or other imposition levied on the Rents received by Landlord, all of which shall collectively be referred to hereafter as "Sales Tax". The first installment of Minimum Annual Rental shall be payable on the Rental Commencement Date and payment of Minimum Annual Rental shall continue to be payable on the first (1st) day of each successive month thereafter. Until otherwise adjusted pursuant to Paragraph 4D hereof, the monthly installments shall be Two Thousand Eight Hundred Fifty-Two and 08/100 Dollars ($2,852.08) provided Tenant is not in default hereunder.
Minimum Annual Rental. 24 (a) From and after the Rental Commencement Date, Tenant shall pay to Landlord as the
Minimum Annual Rental. Subject to any periods of beneficial occupancy or ramps set forth in this Section, Tenant agrees to pay to Landlord minimum annual rental in the amount of $318,600.00, payable in monthly installments of $26,550.00 each, calculated at $2.25 per square foot (the “Base Rent”), in advance on the first day of each month during the Term. On the first anniversary of the Commencement Date, and each anniversary of the Commencement Date thereafter, the Base Rent shall increase by an amount equal to three percent (3.0%) of the Base Rent for the prior twelve months of the Term. All Base Rent and other charges payable hereunder by Tenant to Landlord shall be made to Landlord at the address set forth above, or other address provided by Landlord to Tenant. Tenant shall commence payment of Base Rent for the period beginning May 1, 2014 and shall have ramped billing for Base Rent in accordance with the following schedule through January 31, 2015: Ramped Billing Schedule Months During the Ramp Period Monthly Base Rent Commencement Date – May 1, 2014 $0 May 1, 2014 – June 30, 2014 $ 3,982.50 (15% of Base Rent) July 1, 2014-October 31, 2014 $7,965.00 (30% of Base Rent) November 2014 $13,275.00 (50% of Base Rent) December 2014 $18,585.00 (70% of Base Rent) January 2015 $23,895.00 (90% of Base Rent)
Minimum Annual Rental. Section 1.06
Minimum Annual Rental. (a) Tenaxx xxxees to pay as rental for the use and occupancy of the Demised Premises the Minimum Annual Rental specified in ARTICLE 1 hereof, in twelve (12) equal monthly installments during each year, in advance, on the first day of each calendar month, without notice or demand and without setoff or deduction, commencing on the "Rent Start Date," which shall be the earlier of (i) the Commencement Date specified in ARTICLE 1, or (ii) when Tenant opens the Demised Premises for business. Should the Minimum Annual Rental commence on a day other than the first day of a calendar month, then the Minimum Annual Rental for such first fractional month shall be computed on a daily basis for the period from the day of commencement to the end of such calendar month and at an amount equal to one-three hundred sixtieth (1/360th) of the Minimum Annual Rental for each such day (and the breakpoints used in calculating Percentage Rental shall be similarly prorated), and thereafter shall be computed and paid as aforesaid. Notwithstanding anything contained herein to the contrary, if, as of the Rent Start Date, tenants comprising seventy percent (70%) of the leaseable space in the Shopping Center, including the movie theatre ("Opening Threshold"), are not open for business, Tenant shall be obligated to open to the public for business within thirty (30) days thereafter, but shall be entitled to pay five percent (5%) gross sales in lieu of Minimum Annual Rental until the Opening Threshold has been met.
Minimum Annual Rental tenant shall pay as rental for the use and occupancy of the premise the minimum annual rental as set forth specified in Section 1(e) and Rider 1a, payable in advance, in twelve (12) equal monthly installments during each lease year, on the first day of each month without offset or deduction, except the first payment shall be made upon execution of this Lease. Should the Commencement Date be on a day other than the first day of a month, the rental for such fractional month shall be computed on a daily basis for the period from the Commencement Date to the end of such month, at an amount equal to one three-hundred-sixtieth (1/360) of the minimum annual rental for each day in such fractional month and shall be paid on the Commencement Date.
Minimum Annual Rental. Suite 101 and LL101: 13.85 USD per Rentable square Foot with fifty cents (.50) per year annual increases on the gross. Space to be used for Office. Suite 501: 8.00 USD per Rentable square Foot with fifty cents (.50) per year annual increases on the gross. Space to be used for Storage.
