Common use of Monthly Basic Rent Clause in Contracts

Monthly Basic Rent. Tenant agrees to pay Landlord as Monthly Basic Rent for the Premises the Monthly Basic Rent designated in Paragraph 16 of the Basic Lease Terms (subject to adjustment as hereinafter provided) in advance on the first day of each and every calendar month during said term. In the event the term of this Lease commences or ends on a day other than the first day of a calendar month, then the rental for the first and last months of the Term shall be prorated in the proportion that the number of days this Lease is in effect during the first and last months of the Term bears to thirty (30), and such rental shall be paid at the commencement of such periods. In addition to said Monthly Basic Rent, Tenant agrees to pay the amount of the rental adjustments as and when hereinafter provided in this Lease. Said Monthly Basic Rent, additional rent, and rental adjustments shall be paid to Landlord, without any prior demand therefor and without any deduction or offset whatsoever in lawful money of the United States of America, which shall be legal tender at the time of payment, at the address of Landlord designated in Paragraph 2 of the Basic Lease Terms or to such other person or at such other place as Landlord may from time to time designate in writing. Further, all charges to be paid by Tenant hereunder, including, without limitation, payments for real property taxes, insurance, repairs, and parking shall be considered additional rent for the purposes of this Lease, and the word "rent" in this Lease shall include such additional rent unless the context specifically or clearly implies that only the Monthly Basic Rent is referenced.

Monthly Basic Rent. Tenant The TENANT agrees to pay Landlord the LANDLORD as Monthly Basic Rent basic rent for said leased Premises, for the Premises the Monthly Basic Rent designated in Paragraph 16 initial period of the Basic Lease Terms as set forth in paragraph 1.i, in monthly installments as set forth in paragraph 1.l (the basic monthly rental) subject to adjustment adjustments as hereinafter provided) provided (plus such other sums as are hereinafter provided for), each installment payable in advance on the first day of each and every calendar month during said term. In the event the term hereof, commencing on the Commencement Date as set forth in paragraph 1.j of this Lease commences or ends on a day other than the first day of a calendar month, then the rental for the first and last months of the Term shall be prorated in the proportion that the number of days this Lease is in effect during the first and last months of the Term bears to thirty (30), and such rental shall be paid at the commencement of such periods. In addition to said Monthly Basic Rent, Tenant agrees to pay the amount of the rental adjustments as and when hereinafter provided in this Lease. Said Monthly Basic Rent, additional rent, and rental adjustments shall be paid to Landlord, without any prior demand therefor and without any deduction or offset whatsoever in lawful money of the United States of America, which shall be legal tender at the time of paymentTENANT agrees to pay to the LANDLORD without deduction or offset, prior notice or demand, at the address of Landlord designated in Paragraph 2 office of the Basic Lease Terms Building or to such other person or at such other place as Landlord the LANDLORD may from time to time designate in writing. Furtherdesignate, all charges to except that if the Commencement Date occurs on a day other than the first day of the month, then the Basic Rent for the fraction of the month starting with the Commencement Date shall be paid by Tenant hereunderon said Commencement Date, includingprorated on the basis of the actual number of days in said month. If the term hereof ends on a day other than the last day of a month, without limitation, payments then the Basic Rent for real property taxes, insurance, repairs, and parking the month during which said expiration occurs shall be considered prorated on the basis of the actual number of days TENANT occupies the Premises and a 30 day month. In addition to said Basic Rent, TENANT agrees to pay "Additional Rent" as and when hereinafter provided in this Lease. Basic Rent and Additional Rent are hereinafter sometimes referred to collectively as the "rent". Upon execution of this lease, TENANT shall pay the LANDLORD the sums as set forth in paragraph 1.r. The time of payment of Basic Rent and additional rent for hereunder is of the purposes essence of this LeaseLease and, and in addition to all of the word "rent" other remedies available to LANDLORD, hereunder shall bear interest at the maximum rate permitted by law after due date until paid in this Lease shall include such additional rent unless the context specifically or clearly implies that only the Monthly Basic Rent is referencedfull.

Monthly Basic Rent. (a) Tenant agrees to pay Landlord as Monthly Basic Rent for the Premises the Monthly Basic Rent designated in Paragraph 16 of the Basic Lease Terms (subject to adjustment as hereinafter providedSubparagraph 1(f) in advance on the first day of each and every calendar month during said termthe Term. In If the event the term of this Lease Term commences or ends on a day other than the first day of a calendar month, then the rental rent for the first and last months of the Term such period shall be prorated in the proportion that the number of days this Lease is in effect during the first and last months of the Term such period bears to thirty (30), and such rental shall be paid at the commencement of such periods. In addition to said the Monthly Basic Rent, Tenant agrees to pay as additional rental the amount of the rental adjustments as and when hereinafter provided in other charges required by this Lease. Said In no event shall Monthly Basic Rent ever be less than the initial Monthly Basic Rent, additional rent, and . All rental adjustments shall be paid to Landlord, without any prior demand therefor and without any deduction or offset whatsoever offset, in lawful money of the United States of America, which shall be legal tender at the time of payment, at the address of Landlord designated in Paragraph 2 of the Basic Lease Terms Subparagraph 1(a) or to such other person or at such other place as Landlord may from time to time designate in writing. Further, . (b) Rent and all charges other payments required to be paid made by Tenant hereunder, including, without limitation, payments for real property taxes, insurance, repairsto Landlord under this Lease shall be deemed to be and treated as rent and payable and recoverable as “rent”, and parking Landlord shall have the same rights against Tenant for default in any such payment as in the case of nonpayment of Monthly Basic Rent. (c) If Tenant fails to pay any installment of rent within ten (10) days following the date due (which ten days is not intended to be considered a grace period) or if Tenant fails to make any other payment for which Tenant Table of Contents is obligated under this Lease when due, then Tenant shall pay to Landlord as additional rent a late charge equal to six percent (6%) of the amount due (“Late Charge”) to compensate Landlord for the purposes extra costs incurred as a result of such late payment; provided, however, that with respect to Tenant’s first failure to timely pay an amount due under this Lease, the late charge will only be payable ten (10) days after written notice from Landlord that such amount is past due. The parties agree that the Late Charge represents a fair and reasonable estimate of the costs that Landlord will incur by reason of late payment by Tenant. Acceptance of any Late Charge shall not constitute a waiver of the Tenant’s default with respect to the overdue amount, or prevent Landlord from exercising any other rights and remedies available to Landlord. (d) If the amount of rent or any other payment due under this Lease now or in the future violates the terms of any governmental restrictions on such rent or payment, then the rent or payment due during the period of such restrictions shall be the maximum amount allowable under those restrictions. Upon termination of the restrictions, Landlord shall, to the extent it is legally permitted, recover from Tenant the difference between the amounts received during the period of the restrictions and the word "rent" in this Lease shall include such additional rent unless the context specifically or clearly implies that only the Monthly Basic Rent is referencedamounts Landlord would have received had there been no restrictions.

Monthly Basic Rent. Tenant agrees to pay Landlord Landlord, as Monthly Basic Rent basic rent for the Premises Premises, the Monthly Basic Rent in the amounts designated in Paragraph 16 Section 1.8 of the Summary. The Monthly Basic Lease Terms (subject to adjustment as hereinafter provided) Rent shall be paid by Tenant in monthly installments, in the amounts designated in Section 1.8 of the Summary in advance on the first day of each and every calendar month during said term. In the event Term, without demand, notice, deduction or offset except as otherwise set forth in this Lease and except that the term first (1st) full month’s Monthly Basic Rent shall be paid upon Tenant’s execution and delivery of this Lease commences or ends on a day other than the first day of a calendar month, then the rental to Landlord. Monthly Basic Rent for the first and last months of the Term any partial month shall be prorated in the proportion that the number of days this Lease is in effect during the first and last months of the Term such month bears to a thirty (30), ) day month. Notwithstanding anything to the contrary contained herein and such rental shall be paid at the commencement of such periods. In addition to said Monthly Basic Rent, provided that Tenant agrees to pay the amount faithfully performs all of the rental adjustments as terms and when hereinafter provided in this Lease. Said Monthly Basic Rent, additional rent, and rental adjustments shall be paid to Landlord, without any prior demand therefor and without any deduction or offset whatsoever in lawful money of the United States of America, which shall be legal tender at the time of payment, at the address of Landlord designated in Paragraph 2 of the Basic Lease Terms or to such other person or at such other place as Landlord may from time to time designate in writing. Further, all charges to be paid by Tenant hereunder, including, without limitation, payments for real property taxes, insurance, repairs, and parking shall be considered additional rent for the purposes conditions of this Lease, Landlord hereby agrees to xxxxx Tenant’s obligation to pay Tenant’s Monthly Basic Rent for the second (2nd) and third (3rd) full months of the word "rent" in initial Lease Term. During such abatement period, Tenant shall still be responsible for the payment of all of its other monetary obligations under this Lease. In the event of a default by Tenant under the terms of this Lease that results in early termination pursuant to the provisions of Section 23 of this Lease, then as a part of the recovery set forth in Section 23 of this Lease, Landlord shall include such additional rent unless be entitled to the context specifically or clearly implies that only pro-rata recovery of the Monthly Basic Rent is referencedthat was abated under the provisions of this Section 3.1.

Monthly Basic Rent. Tenant The TENANT agrees to pay Landlord the LANDLORD as Monthly Basic Rent basic rent for said leased Premises, for the Premises initial period of the Monthly Basic Rent designated Lease as set forth in Paragraph 16 of 1.i, in monthly installments as set forth in Paragraph 1.l (the Basic Lease Terms (basic monthly rental) subject to adjustment adjustments as hereinafter provided) provided (plus such other sums as are hereinafter provided for), each installment payable in advance on the first day of each and every calendar month during said term. In the event the term hereof, commencing on the Commencement Date as set forth in Paragraph 1.j of this Lease commences or ends on a day other than the first day of a calendar month, then the rental for the first and last months of the Term shall be prorated in the proportion that the number of days this Lease is in effect during the first and last months of the Term bears to thirty (30), and such rental shall be paid at the commencement of such periods. In addition to said Monthly Basic Rent, Tenant agrees to pay the amount of the rental adjustments as and when hereinafter provided in this Lease. Said Monthly Basic Rent, additional rent, and rental adjustments shall be paid to Landlord, without any prior demand therefor and without any deduction or offset whatsoever in lawful money of the United States of America, which shall be legal tender at the time of paymentTENANT agrees to pay to the LANDLORD without deduction or offset, prior notice or demand, at the address of Landlord designated in Paragraph 2 office of the Basic Lease Terms Building or to such other person or at such other place as Landlord the LANDLORD may from time to time designate in writing. Furtherdesignate, all charges to except that if the Commencement Date occurs on a day other than the first day of the month, then the Basic Rent for the fraction of the month starting with the Commencement Date shall be paid by Tenant hereunderon said Commencement Date, includingprorated on the basis of the actual number of days in said month. If the term hereof ends on a day other than the last day of a month, without limitation, payments then the Basic Rent for real property taxes, insurance, repairs, and parking the month during which said expiration occurs shall be considered prorated on the basis of the actual number of days TENANT occupies the Premises and a 30 day month. In addition to said Basic Rent, TENANT agrees to pay “Additional Rent” as and when hereinafter provided in this Lease. Basic Rent and Additional Rent are hereinafter sometimes referred to collectively as the “rent”. Upon execution of this lease, TENANT shall pay the LANDLORD the sums as set forth in Paragraph 1.r. The time of payment of Basic Rent and additional rent for hereunder is of the purposes essence of this LeaseLease and, and in addition to all of the word "rent" other remedies available to LANDLORD, hereunder shall bear interest at the maximum rate permitted by law after due date until paid in this Lease shall include such additional rent unless the context specifically or clearly implies that only the Monthly Basic Rent is referencedfull.

Monthly Basic Rent. (a) Tenant agrees to pay Landlord as Monthly Basic Rent for the Premises the Monthly Basic Rent designated in Paragraph 16 of the Basic Lease Terms (subject to adjustment as hereinafter providedSubparagraph 1(f) in advance on the first day of each and every calendar month during said termthe Term. In If the event the term of this Lease Term commences or ends on a day other than the first day of a calendar month, then the rental rent for the first and last months of the Term such period shall be prorated in the proportion that the number of days this Lease is in effect during the first and last months of the Term such period bears to thirty (30), and such rental shall be paid at the commencement of such periods. In addition to said the Monthly Basic Rent, Tenant agrees to pay as additional rental the amount of the rental adjustments as and when hereinafter provided in other charges required by this Lease. Said In no event shall Monthly Basic Rent ever be less than the initial Monthly Basic Rent, additional rent, and . All rental adjustments shall be paid to Landlord, without any prior demand therefor and without any deduction or offset whatsoever offset, in lawful money of the United States of America, which shall be legal tender at the time of payment, at the address of Landlord designated in Paragraph 2 of the Basic Lease Terms Subparagraph 1(a) or to such other person or at such other place as Landlord may from time to time designate in writing. Further, Landlord’s Initials Tenant’s Initials (b) Rent and all charges other payments required to be paid made by Tenant hereunder, including, without limitation, payments for real property taxes, insurance, repairs, and parking shall be considered additional rent for the purposes of this Lease, and the word "rent" in to Landlord under this Lease shall include be deemed to be and treated as rent and payable and recoverable as “rent”, and Landlord shall have the same rights against Tenant for default in any such payment as in the case of nonpayment of Monthly Basic Rent. (c) If Tenant fails to pay any installment of rent within ten (10) days following the date due (which ten days is not intended to be a grace period) or if Tenant fails to make any other payment for which Tenant is obligated under this Lease when due, then Tenant shall pay to Landlord as additional rent unless a late charge equal to six percent (6%) of the context specifically amount due to compensate Landlord for the extra costs incurred as a result of such late payment. The parties agree that such late charge represents a fair and reasonable estimate of the costs that Landlord will incur by reason of late payment by Tenant. Acceptance of any late charge shall not constitute a waiver of the Tenant’s default with respect to the overdue amount, or clearly implies that only prevent Landlord from exercising any other rights and remedies available to Landlord. (d) If the Monthly Basic Rent amount of rent or any other payment due under this Lease now or in the future violates the terms of any governmental restrictions on such rent or payment, then the rent or payment due during the period of such restrictions shall be the maximum amount allowable under those restrictions. Upon termination of the restrictions, Landlord shall, to the extent it is referencedlegally permitted, recover from Tenant the difference between the amounts received during the period of the restrictions and the amounts Landlord would have received had there been no restrictions.

Monthly Basic Rent. Tenant agrees to pay Landlord Landlord, as Monthly Basic Rent basic rent for the Premises Premises, the Monthly Basic Rent in the amounts designated in Paragraph 16 Section 1.8 of the Summary. The Monthly Basic Lease Terms (subject to adjustment as hereinafter provided) Rent shall be paid by Tenant in monthly installments in the amounts designated in Section 1.8 of the Summary in advance on the first day of each and every calendar month during said term. In the event Term, without demand, notice, deduction or offset except as otherwise set forth in this Lease and except that the term first (1st) full month’s Monthly Basic Rent shall be paid upon Tenant’s execution and delivery of this Lease commences or ends on a day other than the first day of a calendar month, then the rental to Landlord. Monthly Basic Rent for the first and last months of the Term any partial month shall be prorated in the proportion that the number of days this Lease is in effect during the first and last months of the Term such month bears to a thirty (30), ) day month. Notwithstanding anything to the contrary contained herein and such rental shall be paid at the commencement of such periods. In addition to said Monthly Basic Rent, provided that Tenant agrees to pay the amount faithfully performs all of the rental adjustments as terms and when hereinafter provided in this Lease. Said Monthly Basic Rent, additional rent, and rental adjustments shall be paid to Landlord, without any prior demand therefor and without any deduction or offset whatsoever in lawful money of the United States of America, which shall be legal tender at the time of payment, at the address of Landlord designated in Paragraph 2 of the Basic Lease Terms or to such other person or at such other place as Landlord may from time to time designate in writing. Further, all charges to be paid by Tenant hereunder, including, without limitation, payments for real property taxes, insurance, repairs, and parking shall be considered additional rent for the purposes conditions of this Lease, Landlord hereby agrees to axxxx Tenant’s obligation to pay Tenant’s Monthly Basic Rent for the second (2nd) and third (3rd) full months of the word "rent" in initial Lease Term. During such abatement period, Tenant shall still be responsible for the payment of all of its other monetary obligations under this Lease. In the event of a default by Tenant under the terms of this Lease that results in early termination pursuant to the provisions of Section 23 of this Lease, then as a part of the recovery set forth in Section 23 of this Lease, Landlord shall include such additional rent unless be entitled to the context specifically or clearly implies that only pro-rata recovery of the Monthly Basic Rent is referencedthat was abated under the provisions of this Section 3.1.