Common use of of the Basic Lease Provisions Clause in Contracts

of the Basic Lease Provisions. If the Commencement Date is not the first day of a month, the partial month commencing as of the Commencement Date will be prorated based on the actual number of days in that month and will be due and payable upon the Commencement Date. The Initial Lease Term is for a minimum of ten years; however, the State may consider a longer lease term if economic benefits are deemed to be in its best interest. The State proposes a fixed rental rate for a Gross Lease, including all expenses (taxes, insurance, janitorial services, maintenance, etc.). The State may elect to pay for utilities separately, and a cost per square foot will be included to reduce the rental rate if this occurs. Rent payments for nonpayment shall entitle Lessor to all rights and remedies. The annual base rent, plus any adjustments, is due in advance on the first day of each month during the lease term, with Lessee agreeing to pay without demand. If the lease starts or ends on a non-monthly date, prorated payments will be made in advance. A late payment charge of 10% applies if installment payments are not received within five days after the due date, excluding advances by Lessor that bear interest at the lesser of 15% per annum or the maximum permitted rate. The term "Expansion Space" refers to any space occupied by someone other than Landlord under a written lease, with Tenant having the option to lease such space upon notification from Landlord, subject to prior rights of other tenants. Lease amendments will take effect upon Xxxxxx's Expansion Space being included as part of the Premises for the remainder of the Lease Term, with some adjustments. The rentable area and tenant's share will be increased accordingly. The start date for Tenant's Expansion Space will be either 60 days after its readiness or the date it's first occupied by the tenant. If the space has a large enough area and there are few years left on the lease, the lease term may be extended. Tenant shall pay the monthly rent and additional rent as specified in paragraph 7 to Landlord, in advance, without deduction, offset, prior notice or demand, using immediately available funds of lawful money of the United States of America or a good check drawn on a California financial institution or a federal reserve system member. The first full calendar month's rent after commencement of Tenant's obligation shall be applied to the monthly rent first due. 1. Parties of the Lease - Name, Address, and Date of Creation 2. Full Description of the RV - Make, Model, Year, VIN 3.

of the Basic Lease Provisions. If If, in any calendar year during the Commencement Date term of this Lease commencing with the calendar year immediately after the Base Year (each such year a "Comparison Year"), (i) the "Tax Costs" (as hereinafter defined) paid or incurred by Landlord shall be higher than the Tax Costs for the Base Year, (ii) the "Operating Costs" (as hereinafter defined) paid or incurred by Landlord shall be higher than the Operating Costs for the Base Year, or (iii) the "Insurance Costs" (as hereinafter defined) paid or incurred by Landlord shall be higher than the Insurance Costs for the Base Year, Tenant shall pay Landlord as Additional Rent Tenant's Proportionate Share (as provided in Article 1.5 of the Basic Lease Provisions) of such increase in the amount by which the respective Tax Costs, Operating Costs and Insurance Costs, paid or incurred by Landlord in such Comparison Year exceed the respective Tax Costs, Operating Costs and Insurance Costs incurred or paid by Landlord for the Base Year. In the event either the Premises and/or the Project is not expanded or reduced, then Tenant's Proportionate Share shall be appropriately adjusted, and as to the first calendar year in which such change occurs, Tenant's Proportionate Share for such year shall be determined on the basis of the number of days during that particular calendar year that each such Tenant's Proportionate Share was in effect. In the event this Lease shall terminate on any date other than the last day of a monthcalendar year, Tenant's Proportionate Share of Tax Costs, Operating Costs and Insurance Costs for such calendar year in which this Lease terminates shall be prorated on the partial month commencing as basis of the Commencement Date will be prorated based on relationship which the actual number of days in that month which have elapsed from the commencement of said calendar year to and will be including said date on which this Lease terminates bears to three hundred sixty (360). Any and all amounts due and payable upon by Tenant pursuant to Articles 3.2, 3.3 and 3.4 hereof shall be deemed "Additional Rent" and Landlord shall be entitled to exercise the Commencement Date. The Initial Lease Term is for a minimum of ten years; however, the State may consider a longer lease term if economic benefits are deemed to be in its best interest. The State proposes a fixed rental rate for a Gross Lease, including all expenses (taxes, insurance, janitorial services, maintenance, etc.). The State may elect to pay for utilities separately, and a cost per square foot will be included to reduce the rental rate if this occurs. Rent payments for nonpayment shall entitle Lessor to all same rights and remedies. The annual base rent, plus any adjustments, is due remedies upon default in advance on the first day of each month during the lease term, with Lessee agreeing to pay without demand. If the lease starts or ends on a non-monthly date, prorated payments will be made in advance. A late payment charge of 10% applies if installment payments are not received within five days after the due date, excluding advances by Lessor that bear interest at the lesser of 15% per annum or the maximum permitted rate. The term "Expansion Space" refers to any space occupied by someone other than Landlord under a written lease, with Tenant having the option to lease such space upon notification from Landlord, subject to prior rights of other tenants. Lease amendments will take effect upon Xxxxxx's Expansion Space being included as part of the Premises for the remainder of the Lease Term, with some adjustments. The rentable area and tenant's share will be increased accordingly. The start date for Tenant's Expansion Space will be either 60 days after its readiness or the date it's first occupied by the tenant. If the space has a large enough area and there are few years left on the lease, the lease term may be extended. Tenant shall pay the monthly rent and additional rent as specified in paragraph 7 to Landlord, in advance, without deduction, offset, prior notice or demand, using immediately available funds of lawful money of the United States of America or a good check drawn on a California financial institution or a federal reserve system member. The first full calendar month's rent after commencement of Tenant's obligation shall be applied to the monthly rent first due. 1. Parties of the Lease - Name, Address, and Date of Creation 2. Full Description of the RV - Make, Model, Year, VIN 3these payments.

of the Basic Lease Provisions. If Tenant elects to become the Commencement Date is not the first day of Insuring Party as to only a month, the partial month commencing as portion of the Commencement Date will be prorated based on insurance described in Paragraph 8.1, then the actual number of days in that month and will be due and payable upon the Commencement Date. The Initial Lease Term is Minimum Rent for a minimum of ten years; however, the State may consider a longer lease term if economic benefits are deemed to be in its best interest. The State proposes a fixed rental rate for a Gross Lease, including all expenses (taxes, insurance, janitorial services, maintenance, etc.). The State may elect to pay for utilities separately, and a cost per square foot will be included to reduce the rental rate if this occurs. Rent payments for nonpayment shall entitle Lessor to all rights and remedies. The annual base rent, plus any adjustments, is due in advance on the first day of each month during which Tenant is the lease termInsuring Party for such insurance shall be reduced by the portion of one-twelfth of the Annual Insurance Base Amount which is attributable to the insurance originally carried by Landlord (at the rate included in the Annual Insurance Base Amount) so carried by Tenant, with Lessee agreeing and the Annual Insurance Base Amount shall be reduced accordingly. Tenant covenants and agrees to pay without demandto Landlord, as additional rent hereunder, the amount by which the annual premiums and related fees for the insurance specified in Paragraph 8.1 which is carried by Landlord exceeds the Annual Insurance Base Amount specified in Item 1.9 of the Basic Lease Provisions. Such amount shall be paid by Tenant to Landlord within ten (10) days after receipt by Tenant of Landlord's statement of the cost thereof. If at any time during the lease starts or ends Lease Term during which Landlord is the Insuring Party, the annual premiums and related fees for the insurance carried by Landlord pursuant to Paragraph 8.1, above, exceeds the "Insurance Cap Amount" (as defined herein), Tenant shall not be required to pay any portion of such premiums and related fees exceeding the Insurance Cap Amount. For the purposes of this Lease, the Insurance Cap Amount for any Policy Year shall be an amount equal to two and one-half (2-1/2) times the Annual Insurance Base Amount, as adjusted by any increases in the "CPI" (as defined in Lease Rider No. 1) from the date of this Lease to the date of the Policy Year in question. In the Policy Year in which the Lease Term shall commence and in the Policy Year in which it shall terminate, such insurance premiums and the Annual Insurance Base Amount shall be prorated on a nondaily basis (using a 365-monthly dateday year), prorated payments will and Tenant's payment obligations shall be made in advancecomputed accordingly. A late payment charge of 10% applies if installment payments are not received within five days after the due date, excluding advances by Lessor that bear interest at the lesser of 15% per annum or the maximum permitted rate. The term "Expansion Space" refers With respect to any space occupied by someone other than Landlord under a written leaseinsurance for which Tenant is the Insuring Party, with Tenant having the option to lease such space upon notification from Landlord, subject to prior rights of other tenants. Lease amendments will take effect upon Xxxxxx's Expansion Space being included as part of the Premises for the remainder of the Lease Term, with some adjustments. The rentable area and tenant's share will be increased accordingly. The start date for Tenant's Expansion Space will be either 60 days after its readiness or the date it's first occupied by the tenant. If the space has a large enough area and there are few years left on the lease, the lease term may be extended. Tenant shall pay the monthly rent and additional rent as specified in paragraph 7 premiums for such insurance directly to Landlord, in advance, without deduction, offset, prior notice or demand, using immediately available funds of lawful money of the United States of America or a good check drawn on a California financial institution or a federal reserve system member. The first full calendar month's rent after commencement of insurance carrier at Tenant's obligation shall be applied to the monthly rent first due. 1. Parties of the Lease - Name, Address, sole cost and Date of Creation 2. Full Description of the RV - Make, Model, Year, VIN 3expense.

of the Basic Lease Provisions. If If, in any calendar year during the Commencement Date term of this Lease commencing with the calendar year immediately after the Base Year (each such year a "Comparison Year"), (i) the "Tax Costs" (as hereinafter defined) paid or incurred by Landlord shall be higher than the Tax Costs for the Base Year, (ii) the "Operating Costs" (as hereinafter defined) paid or incurred by Landlord shall be higher than the Operating Costs for the Base Year, or (iii) the "Insurance Costs" (as hereinafter defined) paid or incurred by Landlord shall be higher than the Insurance Costs for the Base Year, Tenant shall pay Landlord as Additional Rent Tenant's Proportionate Share (as provided in Article 1.5 of the Basic Lease Provisions) of such increase in the amount by which the respective Tax Costs, Operating Costs and Insurance Costs, paid or incurred by Landlord in such Comparison Year exceed the respective Tax Costs, Operating Costs and Insurance Costs paid or incurred by Landlord for the Base Year. Notwithstanding the foregoing, Tenant's Proportionate Share of the increase in Controllable Costs (as defined below) due and owing Landlord in any year during the Lease Term shall not increase by more than five percent (5%) from the previous Comparison Year or Base Year, as applicable. In the event either the Premises and/or the Project is not expanded or reduced, then Tenant's Proportionate Share shall be appropriately adjusted, and as to the first calendar year in which such change occurs, Tenant's Proportionate Share for such year shall be determined on the basis of the number of days during that particular calendar year that each such Tenant's Proportionate Share was in effect. In the event this Lease shall terminate on any date other than the last day of a monthcalendar year, Tenant's Proportionate Share of Tax Costs, Operating Costs and Insurance Costs for such calendar year in which this Lease terminates shall be prorated on the partial month commencing as basis of the Commencement Date will be prorated based on relationship which the actual number of days in that month which have elapsed from the commencement of said calendar year to and will be including said date on which this Lease terminates bears to three hundred sixty (360). Any and all amounts due and payable upon by Tenant pursuant to Articles 3.2, 3.3 and 3.4 hereof shall be deemed "Additional Rent" and Landlord shall be entitled to exercise the Commencement Date. The Initial Lease Term is for a minimum of ten years; however, the State may consider a longer lease term if economic benefits are deemed to be in its best interest. The State proposes a fixed rental rate for a Gross Lease, including all expenses (taxes, insurance, janitorial services, maintenance, etc.). The State may elect to pay for utilities separately, and a cost per square foot will be included to reduce the rental rate if this occurs. Rent payments for nonpayment shall entitle Lessor to all same rights and remedies. The annual base rent, plus any adjustments, is due remedies upon default in advance on the first day of each month during the lease term, with Lessee agreeing to pay without demand. If the lease starts or ends on a non-monthly date, prorated payments will be made in advance. A late payment charge of 10% applies if installment payments are not received within five days after the due date, excluding advances by Lessor that bear interest at the lesser of 15% per annum or the maximum permitted rate. The term "Expansion Space" refers to any space occupied by someone other than Landlord under a written lease, with Tenant having the option to lease such space upon notification from Landlord, subject to prior rights of other tenants. Lease amendments will take effect upon Xxxxxx's Expansion Space being included as part of the Premises for the remainder of the Lease Term, with some adjustments. The rentable area and tenant's share will be increased accordingly. The start date for Tenant's Expansion Space will be either 60 days after its readiness or the date it's first occupied by the tenant. If the space has a large enough area and there are few years left on the lease, the lease term may be extended. Tenant shall pay the monthly rent and additional rent as specified in paragraph 7 to Landlord, in advance, without deduction, offset, prior notice or demand, using immediately available funds of lawful money of the United States of America or a good check drawn on a California financial institution or a federal reserve system member. The first full calendar month's rent after commencement of Tenant's obligation shall be applied to the monthly rent first due. 1. Parties of the Lease - Name, Address, and Date of Creation 2. Full Description of the RV - Make, Model, Year, VIN 3these payments.