MONTHLY BASE RENTAL. A. In addition to Tenant’s obligation to pay Base Rental for the Original Premises (other than the Third Early Initial Expansion Space), Tenant shall pay Landlord Base Rental with respect to the Third Early Initial Expansion Space (which shall be in lieu of the Base Rental set forth in the Lease with respect to the Third Early Initial Expansion Space) in monthly installments as follows:
(i) Eight (8) equal installments of Twenty Two Thousand Nine Hundred Fifty Four and 58/100 Dollars ($22,954.58) each payable on or before the first day of each month during the period beginning February 1, 2002 and ending September 30, 2002.
(ii) One Hundred Forty (140) equal installments of Fifty Nine Thousand Six Hundred Eighty One and 92/100 Dollars ($59,681.92) each payable on or before the first day of each month during the period beginning October 1, 2002 and ending May 31, 2014.
B. In addition to Tenant’s obligation to pay Base Rental for the Original Premises, Tenant shall pay Landlord Base Rental for the Second Additional Retail Premises in monthly installments as follows:
(i) One Thousand Nine Hundred Fifty One and 46/100 Dollars ($1,951.46) per installment payable on or before the Second Additional Retail Effective Date and on or before the first day of each month thereafter during the period beginning on the Second Additional Retail Effective Date and ending on May 31, 2007.
(ii) Eighty-four (84) equal installments of Two Thousand Two Hundred Twenty and 63/100 Dollars ($2,220.63) each payable on or before the first day of each month during the period beginning June 1, 2007 and ending May 31, 2014. All such Base Rental shall be payable by Tenant in accordance with the terms of Article 6 of the Lease.
MONTHLY BASE RENTAL. A. In addition to Tenant's obligation to pay Base Rental for the Original Premises, Tenant shall pay Landlord Base Rental with respect to the First Additional Expansion Space in monthly installments as follows:
(i) Equal installments of [***] each payable on or before the first day of each month during the period beginning on the First Additional Expansion Effective Date and ending December 31, 2007.
(ii) Sixty (60) equal installments of [***] each payable on or before the first day of each month during the period beginning January 1, 2008 and ending December 31, 2012.
(iii) Seventeen (17) equal installments of [***] each payable on or before the first day of each month during the period beginning January 1, 2013 and ending May 31, 2014.
B. In addition to Tenant's obligation to pay Base Rental for the Original Premises, Tenant shall pay Landlord Base Rental with respect to the Second Additional Expansion Space in monthly installments as follows:
(i) Equal installments of [***] each payable on or before the first day of each month during the period beginning on the Second Additional Expansion Effective Date and ending December 31, 2007.
(ii) Sixty (60) equal installments of [***] each payable on or before the first day of each month during the period beginning January 1, 2008 and ending December 31, 2012.
(iii) Seventeen (17) equal installments of [***] each payable on or before the first day of each month during the period beginning January 1, 2013 and ending May 31, 2014. All such Base Rental shall be payable by Tenant in accordance with the terms of Article 6 of the Lease.
MONTHLY BASE RENTAL. In addition to Tenants' obligation to pay Base Rental for the Premises, Tenant shall pay Landlord the sum of One Hundred Sixty-two Thousand Two Hundred Seventy and 00/100's Dollars ($165,539.40) as Base Rental for the Expansion Space in Thirty-six monthly installments as follows:
A. Twelve equal installments of Four Thousand Five Hundred Seven and 50/100's Dollars ($4,507.50) each payable on or before the first day of each month during the period beginning April 22, 1996 and ending April 21, 1997.
B. Twelve equal installments of Four Thousand Five Hundred Ninety-seven and 65/100's Dollars ($4,597.65) each payable on or before the first day of each month during the period beginning April 22, 1997 and ending April 21, 1998.
C. Twelve equal installment of Four Thousand Six Hundred Eighty-nine and 80/100's Dollars ($4,689.80) each payable on or before the first day of each month during the period beginning April 22, 1998 and ending April 21, 1999. All such Base Rental shall be payable by Tenant in accordance with the terms of Article V of the Lease.
MONTHLY BASE RENTAL. As of the Reduction Effective Date, the schedule of monthly installments of Base Rental contained in the Second Amendment is hereby deleted.
MONTHLY BASE RENTAL. A. ORIGINAL PREMISES THROUGH PRIOR TERMINATION DATE. The Base Rental, Additional Base Rental and all other charges under the Lease shall be payable as provided therein with respect to the Original Premises through and including the Prior Termination Date.
MONTHLY BASE RENTAL. Commencing on the Substitution Effective Date through the Extended Termination Date, the schedule of monthly installments of Base Rental contained in Exhibit B-1 of the Lease is hereby revised as follows: Tenant shall pay Landlord the sum of Four Hundred Forty-one Thousand Four Hundred Ninety-seven and 03/100 Dollars ($441,497.03) as Base Rental for the Substitution Space in sixty-two (62) installments (reduced by any installments +made+ in accordance with the following schedule due before the Substitution Effective Date) as follows:
(i. One (1) installment of Nine Hundred Ninety-one and 63/100 Dollars ($991.63) payable on or before the first day of each month during the period beginning December 27, 1996 and ending December 31, 1996.
(ii. Four (4) equal installments of Six Thousand One Hundred Forty-eight and 13/100 Dollars ($6,148.13) each payable on or before the first day of each month during the period beginning January 1, 1997 and ending April 30, 1997.
(iii. Twelve (12) equal installments of Six Thousand Eight Hundred Thirty-one and 25/100 Dollars ($6,831.25) each payable on or before the first day of the month during the period beginning May 1, 1997 and ending April 30, 1998.
(iv. Twelve (12) equal installments of Seven Thousand Two Hundred Eighty-six and 67/100 Dollars ($7,286.67) each payable on or before the first day of each month during the period beginning May 1, 19998 and ending April 30, 1999.
MONTHLY BASE RENTAL. During the Expansion Term, Lessee shall pay to Lessor Base Rent for the Leased Premises in the total amount of approximately Five Hundred Thirty-Nine Thousand Six Hundred Thirty Three and 39/100ths Dollars ($539,633.39) payable in monthly installments as follows: EXPANSION PREMISES Dates Base rent for Period Monthly Base Rental ----- -------------------- ------------------- 5/1/00 - 9/30/00 $13,333.35 $2,666.67 10/1/00 - 9/30/01 $32,000.04 $2,666.67 10/1/01 - 9/30/02 $34,400.00 $2,866.67 10/1/02 - 9/30/03 $35,200.00 $2,933.33 10/1/03 - 9/30/04 $39,200.00 $3,266.67 10/1/04 - 9/30/05 $41,600.00 $3,466.67 ORIGINAL Leased Premises Dates Base rent for Period Monthly Base Rental ----- -------------------- ------------------- 5/1/00 - 9/30/00 $19,000.00 $3,800.00 10/1/00 - 9/30/01 $57,000.00 $4,750.00 10/1/01 - 9/30/02 $61,275.00 $5,106.25 10/1/02 - 9/30/03 $62,700.00 $5,225.00 10/1/03 - 9/30/04 $69,825.00 $5,818.75 10/1/04 - 9/30/05 $74,100.00 $6,175.00 Except as otherwise expressly set forth herein, Base Rent shall be payable pursuant to the terms and conditions of the Lease.
MONTHLY BASE RENTAL. Notwithstanding anything to the contrary contained in the Lease, commencing on the New Commencement Date, and continuing through and including the Termination Date, Monthly Base Rental for the Current Premises and the First Expansion Premises shall be paid at the times and in the same manner as set forth in Paragraph 3 of the Lease, payable as follows: -------------------------------------------------------------------------------- Period Monthly Base Rental Per Square Foot -------------------------------------------------------------------------------- New Commencement Date - 11/30/00 $26,834.50 $20.50 -------------------------------------------------------------------------------- 12/01/00 - 11/26/04 $28,143.50 $21.50 -------------------------------------------------------------------------------- Commencing on the New Commencement Date and continuing through and including the Termination Date, Base Rental for the Second Expansion Premises shall be paid in the manner and the times as set forth in Paragraph 3 of the Lease and shall be an amount equal to Two Thousand Forty and 00/100 Dollars ($2,040.00) per annum, payable in equal monthly installments of One Hundred Seventy and 00/100 Dollars ($170.00).
MONTHLY BASE RENTAL. In addition to Tenant's obligation to pay Base Rental for the Original Premises. Tenant shall pay Landlord the sum of Three Hundred Eighty Five Thousand Three Hundred Seventy One and 30/100's ($385,371.30) as Base Rental for the Expansion Space in forty one (41) monthly installments as follows; Forty one (41) equal installments of $9,399.30 payable on or before the first day each month for the period beginning July 1, 1997, and ending November 30, 2000. All such Base Rental shall be payable by Tenant in accordance with Article V of the Lease. The foregoing total Base Rental due for the Expansion Space and schedule of installments of Base Rental for the Expansion Space is based on the assumption that the Lease Term as to the Expansion Space will commence on the Target Expansion Effective Date. If the Lease Term as to the Expansion Space does not commence on the Target Expansion Effective Date, the beginning and ending dates set forth above with respect to the payment of any installment(s) of Base Rental shall be appropriately adjusted on a per diem basis and set forth in the Commencement Letter to be prepared by Landlord.
MONTHLY BASE RENTAL. In addition to Tenant's obligation to pay Base Rental for the Premises, Tenant shall pay Landlord the sum of Eighty Six Thousand One and 60/100's ($86,001.60) as Base Rental for the Second Expansion Space in forty one (41) monthly installments as follows: Forty one (41) equal installments of $2,097.60 payable on or before the first day each month during the period beginning July 1, 1997, and ending November 30, 2000. All such Base Rental shall be payable by Tenant in accordance with Article V of the Lease. The foregoing total Base Rental due for the Second Expansion Space and the schedule of installments of Base Rental for the Second Expansion Space is based on the assumption that the Lease Term as to the Second Expansion Space will commence on the Target Second Expansion Effective Date. If the Lease Term as to the Second Expansion Space does not commence on the Target Second Expansion Effective Date, the beginning date set forth above with respect to the payment of any installment(s) of Base Rental shall be appropriately adjusted on a per diem basis and set forth in the Commencement Letter to be prepared by Landlord.
