Common use of Partial Year Clause in Contracts

Partial Year. If only part of any calendar year shall fall within the Term, the amount computed as additional rent with respect to such calendar year under the provisions of subsection (c) of this Article shall be prorated in proportion to the portion of such calendar year falling within the Term (but the expiration or termination of the Term prior to the end of such calendar year shall not impair the Tenant’s obligation under this Lease to pay such prorated portion of such additional rent with respect to that portion of such year falling within the Term, which shall be paid on demand, as aforesaid).

Appears in 4 contracts

Samples: Deed of Lease (BlackSky Technology Inc.), Lease Agreement (MEDecision, Inc.), Lease Agreement (MEDecision, Inc.)

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Partial Year. If only part of any calendar year shall fall within the Term, the amount computed as additional rent with respect to such calendar year under the provisions of subsection (c) of this Article shall be prorated in proportion to the portion of such calendar year falling within the Term (but the expiration or termination of the Term prior to the end of such calendar year shall not impair the Tenant’s 's obligation under this Lease to pay such prorated portion of such additional rent with respect to that portion of such year falling within the Term, which shall be paid on demand, as aforesaid).

Appears in 2 contracts

Samples: Lease Agreement (Traffic.com, Inc.), Lease Agreement (Internet Capital Group Inc)

Partial Year. If only part of any calendar year Calendar Year shall fall within the Term, the amount amounts computed as additional rent Additional Rent, with respect to such calendar year Calendar Year under the foregoing provisions of subsection (c) of this Article Paragraph 4 shall be prorated in proportion to the portion of such calendar year Calendar Year falling within the Term (Term, but the expiration or termination of the Term this Lease prior to the end of such calendar year Calendar Year shall not impair the Tenant’s 's obligation under this Lease hereunder to pay such prorated portion of such additional rent Additional Rent with respect to that portion of such year falling within the Term, which shall be paid on demand, as aforesaid).

Appears in 2 contracts

Samples: Lease Agreement (Kbkids Com Inc), Lease Agreement (Jato Communications Corp)

Partial Year. If only part of any calendar year Calendar Year shall fall within the Term, the amount amounts computed as additional rent rent, with respect to such calendar year Calendar Year under the foregoing provisions of subsection (c) of this Article Paragraph 4 shall be prorated in proportion to the portion of such calendar year Calendar Year falling within the Term (Term, but the expiration or termination of the Term this Lease prior to the end of such calendar year Calendar Year shall not impair the Tenant’s 's obligation under this Lease hereunder to pay such prorated portion of such additional rent with respect to that portion of such year falling within the Term, which shall be paid on demand, as aforesaid).

Appears in 2 contracts

Samples: Lease Agreement (Jato Communications Corp), Lease Agreement (Rocky Mountain Internet Inc)

Partial Year. If only part of any calendar year shall fall within the Term, the amount computed as additional rent with respect to such calendar year under the provisions of subsection (c) of this Article shall be prorated in proportion to the portion of such calendar year falling within the Term (but the expiration or termination of the Term prior to the end of such calendar year shall not impair the Tenant’s obligation under this Lease to pay such prorated portion of such additional rent with respect to that portion of such year falling within the Term, which shall be paid on demand, as aforesaid)within thirty (30) days after Tenant’s receipt of a statement or statements of the amount due.

Appears in 1 contract

Samples: Lease Agreement (Trevena Inc)

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Partial Year. If only part of any calendar year shall fall within the Term, the amount computed as additional rent with respect to such calendar year under the provisions of subsection (c) of this Article shall be prorated in proportion to the portion of such calendar year falling within the Term (but the expiration or termination of the Term prior to of the end of such calendar year shall not impair the Tenant’s 's obligation under this Lease to pay such prorated portion of such additional rent with respect to that portion of such year falling within the Term, which shall be paid on demand, as aforesaid).

Appears in 1 contract

Samples: Sublease Agreement (Aclaris Therapeutics, Inc.)

Partial Year. If only part of any calendar year shall fall within the Term, the amount computed as additional rent with respect to such calendar year under the provisions of subsection (c) of this Article shall be prorated in proportion to the portion of such calendar year falling within the Term (but the expiration or termination of the Term prior to the end of such calendar year shall not impair the Tenant’s obligation under this Lease to pay such prorated portion of such additional rent with respect to that portion of such year falling within the Term, which shall be paid on demand, as aforesaid).

Appears in 1 contract

Samples: Lease Agreement (Auxilium Pharmaceuticals Inc)

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