Common use of Payment of Annual Rent Clause in Contracts

Payment of Annual Rent. The Tenant must pay the Annual Rent by four equal instalments in advance on or before the Rent Payment Dates except that: (a) the Tenant must pay the first instalment of Annual Rent on the Rent Commencement Date; and (b) that first instalment of Annual Rent shall be for the period from and including the Rent Commencement Date to and including the day before the next Rent Payment Date after the Rent Commencement Date.

Appears in 1 contract

Samples: Lease Agreement

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Payment of Annual Rent. The Tenant must pay the Annual Rent by four equal instalments in advance on or before the Rent Payment Dates except that: (a) the Tenant must pay the first instalment of Annual Rent on the Rent Commencement Date; and (b) that first instalment of Annual Rent shall be the proportion of the Annual Rent calculated on a daily basis for the period from and including the Rent Commencement Date to and including the day before the next Rent Payment Date after the Rent Commencement Date.

Appears in 1 contract

Samples: Lease Agreement

Payment of Annual Rent. ‌ 4.1. The Tenant must pay the Annual Rent by four equal instalments in advance on or before the Rent Payment Dates except that: (a) the Tenant must pay the first instalment of Annual Rent on the Rent Commencement Date; and (b) that first instalment of Annual Rent shall be the proportion of the Annual Rent calculated on a daily basis for the period from and including the Rent Commencement Date to and including the day before the next Rent Payment Date after the Rent Commencement Date.

Appears in 1 contract

Samples: Lease

Payment of Annual Rent. The Tenant must pay the Annual Rent by four equal instalments installments in advance on or before the Rent Payment Dates except that: (a) the Tenant must pay the first instalment installment of Annual Rent on the Rent Commencement Date; and (b) that first instalment of Annual Rent shall be for the period from and including the Rent Commencement Date to and including the day before the next Rent Payment Date after the Rent Commencement Date.

Appears in 1 contract

Samples: Lease Agreement (Masimo Corp)

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Payment of Annual Rent. 4.1 The Tenant must pay the Annual Rent by four equal instalments in advance on or before the Rent Payment Dates except that: (a) the Tenant must pay the first instalment of Annual Rent on the Rent Commencement Date; and (b) that first instalment of Annual Rent shall be the proportion of the Annual Rent calculated on a daily basis for the period from and including the Rent Commencement Date to and including the day before the next Rent Payment Date after the Rent Commencement Date.

Appears in 1 contract

Samples: Lease Agreement

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