Monthly Rental Sample Clauses
The Monthly Rental clause defines the amount of rent that must be paid by the tenant to the landlord on a recurring monthly basis. It typically specifies the exact payment amount, the due date each month, and the acceptable methods of payment. This clause ensures both parties are clear on the financial obligations and payment schedule, helping to prevent disputes over rent payments and providing a predictable income stream for the landlord.
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Monthly Rental. 6.1 The monthly rental payable by the Lessee in respect of the leased premises shall be the area of the leased premises multiplied by R .00 ( ) (excluding Vat) per square metre.
6.2 The monthly rental shall escalate at a rate of % per annum compounded, on each anniversary of the commencement date during the period of the lease.
Monthly Rental. The Lessee agrees to pay Lessor a base Monthly Rent during the term of this Lease in accordance with the Rent Schedule as detailed in Exhibit A. The rental payments provided for herein shall be due and payable by Lessee in advance on the first day of the month for which said rentals are due. This Lease is made and entered into in accordance with and subject to the provisions of the Texas Constitution and the Texas Government Code, Title 10, Subtitle D, and is made contingent upon the continuation of the availability of money appropriated by the legislature to pay for the Lease. In the event the Legislature or the Executive Branch of the State of Texas cease to fund the Lease, or the agency ceases to exist as a result of the Legislative sunset review process, then the Texas Facilities Commission, hereinafter referred to as Commission, may assign another state agency to the space, or a part thereof, covered by this Lease. Should the Commission be unable to find another State agency or agencies to fill, or partially fill the space, the Commission, upon written notice to the Lessor, may terminate this Lease.
Monthly Rental. During the Term hereof, Tenant shall pay to Landlord a monthly base rent (the "Base Rent") as set forth on Exhibit B attached hereto and incorporated by reference herein. Rent shall be due and payable on the first (1st) day of each month with any partial month to be pro-rated.
Monthly Rental. The Monthly Rental price shall be for a Rental Period of twenty-eight (28) consecutive calendar days, computed from the date of commencement of the Rental Period up to but not including the same date in the next calendar month and shall apply when the number of hours the Heavy Equipment is operated in any twenty-eight (28) day period does not exceed 176 hours of use.
Monthly Rental. The Annual Rent shall be payable in equal monthly installments (hereinafter called the "Monthly Rent") in advance on the first day of each calendar month during the Term. If the Term commences on any day other than the first (1st) or ends on any day other than the last of a calendar month, rent for the fraction of a month at the commencement and at the end of the Term shall be prorated at a rate per day equal to 1/365th of the Annual Rent payable. The Annual Rent and the Monthly Rent may be varied based on the actual area of the Leased Premises as certified by the Landlord.
Monthly Rental. Commencing on the Lease Commencement Date Tenant shall pay to Landlord during the Term, rental for the entire Term in the total amount as set forth in the "Rental Schedule" attached hereto as Exhibit D payable in monthly installments (the "Monthly Rental") in the amount also set forth in Exhibit D, (subject, however, to any modifications or adjustments specified hereinbelow and/or in Exhibit D. The Monthly Rental shall be payable by Tenant on or before the first day of each month, in advance, without further notice, at the address specified for Landlord in Section I., or such other place as Landlord shall designate, without any prior demand therefor and without any abatement, deduction or set off whatsoever. Notwithstanding the foregoing, Monthly Rental for the first full month shall be paid upon the execution hereof. If the Lease Commencement Date should occur on a day other than the first day of a calendar month, or the Expiration Date should occur on a day other than the last day of a calendar month, then the rental for such fractional month shall be prorated on a daily basis upon a thirty (30) day calendar month.
Monthly Rental. Rental that is thirty (30) days in length
Monthly Rental. The monthly rental amount contained in Section 1.01 of the Lease is hereby deleted and amended to read as follows:
Monthly Rental. As monthly rental for the lease of the premises, the Lessee shall pay the County, commencing on October 1, 2004, the sum of $3,074.33, in U. S. currency, plus applicable State sales tax, as required by law, on the first day of each and every month, in advance and without billing, at the office of the Department as set forth in Article 3.05 (Address for Payments). Said rental, which includes utilities, is computed as shown on Schedule II, attached hereto and made a part hereof. 1 Exhibit A A/C Space Concourse 3 H1730 147 100% $56.49 $ 8,304.03 $ 692.00 $ 48.44 2 Exhibit A A/C Space Concourse 3 H1751 106 ” $56.49 $ 5,987.94 $ 499.00 $ 34.93 3 Exhibit A-1 Non A/C Space 4 G1689 800 ” $28.25 $ 22,600.00 $ 1,883.33 $ 131.83 1 Ticket Counter $ 112.98 2 Curbside Check-In $ 84.74 2 A/C Space Terminal $ 84.74 3 A/C Space Concourse $ 56.49 4 Non A/C Space $ 28.25 5 Covered Ramp $ 14.12 6 Other $ 56.49 Gulfstream Int’l Airlines GULT431C.MTM October 20, 2004 Page 5
Monthly Rental. The Monthly Rental from the commencement -------------- of the term of this Lease through December 31, 1997, shall be the Initial Monthly Rental as provided in Section 1.11 hereof. The Monthly Rental for any succeeding calendar year shall be determined by (i) multiplying the difference between the Monthly Rental for the immediately preceding calendar year and $1,476.67 by the CPI Adjustment for such year and (ii) adding to such amount $1,476.67; however, in no event shall the Monthly Rental be less than the Initial Monthly Rental. The CPI Adjustment for a calendar year shall be a fraction, the numerator of which shall be the average CPI for the twelve months ending with the September immediately preceding such calendar year and the denominator of which shall be the average CPI for the twelve months ending with the September before the September immediately preceding such calendar year. The term "CPI" as used in this Lease shall mean the Consumer Price Index for All Urban Customers - All Items - U.S. City Average (1967=100 or the then current basis, if changed by the United States Department of Labor) published by the United States Department of Labor, Bureau of Statistics. If the issuance of the CPI by the federal government is discontinued, the Landlord shall use for the CPI the official index published by a federal governmental agency which is most nearly equivalent to the CPI. If no such index is available, then Landlord shall use such index or procedure which reasonably reflects increases or decreases in consumer prices in the United States. If the rental payments determined pursuant to this Section 4.2 exceed that allowed by the terms of any valid governmental restriction which limits the amount of rent or if the rental payments described pursuant to this Section 4.2 exceed any limitation otherwise imposed by this Lease, the amount of rent or other payments shall be the maximum permitted by such governmental restriction and by such limitation; however, all increases or decreases in rent or other payments provided in this Lease shall be calculated thereafter based upon the amount of the rent which would have been payable under the Lease as if such government restriction or other limitation had not limited the rent payable under the terms of this Lease. As used herein "calendar year" means a period ending December 31.