Common use of Payment of Rent and Additional Charges Clause in Contracts

Payment of Rent and Additional Charges. Tenant shall pay the Basic Rent for each Lease Year in equal monthly installments in advance on the first day of each month during the Term, commencing on the Lease Commencement Date. The Basic Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without notice or demand and without deduction, diminution, abatement, counterclaim, or setoff of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection (b), to Landlord at Landlord’s Notice Address or at such other address or to such other person as Landlord may from time to time designate in writing. If Tenant makes any payment to Landlord by check, such payment shall be by check of Tenant and Landlord shall not be required to accept the check of any other person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease. If, during the Term, Landlord receives two or more checks from Tenant which are returned by Tenant’s bank for insufficient funds or are otherwise returned unpaid, Tenant agrees that all checks thereafter shall be either bank certified, cashiers’, or treasurers’ checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all bank service charges resulting from any returned checks plus a handling fee of five hundred dollars ($500.00). The rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything to the contrary contained herein, or elsewhere provided, it is agreed and understood that throughout the Lease Term Tenant agrees to establish and maintain with a commercial bank or financial institution reasonably acceptable to Landlord, a special account for the payment of Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”).

Payment of Rent and Additional Charges. Tenant shall pay the Basic Rent for each Lease Year in equal monthly installments in advance on the first (1st) day of each month during the Term, commencing on the Lease Commencement Date. The Basic Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without notice or demand and without deduction, diminution, abatement, counterclaim, counterclaim or setoff of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection subsections (b)) and (h) and Sections 13 and 14, to Landlord at Landlord’s Notice Address or at such other address or by wire transfer to such other person bank account as Landlord may from time to time designate in writingdesignate. If Tenant makes any payment to Landlord by checkcheck (which, for any payment other than by wire transfer, shall require Landlord's consent), such payment shall be by check of Tenant and Landlord shall not be required to accept the check of any other person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease. If, during the Term, Landlord receives two or more checks from Tenant which are returned by Tenant’s bank for insufficient funds or are otherwise returned unpaid, Tenant agrees that all checks thereafter shall be either bank certified, cashiers’, or treasurers’ checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all All bank service charges resulting from any returned bad checks plus a handling fee of five hundred dollars ($500.00)shall be borne by Tenant. The rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything to the contrary contained herein, or elsewhere provided, it is agreed and understood that throughout the Lease Term Tenant agrees to establish and maintain with a commercial bank or financial institution reasonably acceptable to Landlord, a special account for the payment of Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”).

Payment of Rent and Additional Charges. Tenant shall pay the Basic Rent for each Lease Year in equal monthly installments in advance commencing on the Lease Commencement Date and thereafter on the first day of each month (or part of a month) during the Term. For clarification, commencing the Basic Rent due and all other calculations based on Rentable Area, as of the Lease Commencement Date, shall be based on a Rentable Area of fifty-seven thousand four hundred seventy (57,470) square feet and, subject to Section 2 hereof, from and after June 1, 2011, shall be based on the Rentable Area of the entire sixth (6th) and seventh (7th) Floors and a portion of the fourth (4th) Floor, unless the same is further modified pursuant to terms of this Lease. The Basic Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without notice or demand and without deduction, diminution, abatement, counterclaim, counterclaim or setoff of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection (b) and in Sections 13(b) and 14(a), to Landlord at Landlord’s Notice Address or at such other address or to such other person Person (including a successor to Landlord’s interest in the Building) as Landlord may from time to time designate in writingdesignate. If Tenant makes any payment to Landlord by check, such payment shall be by check of Tenant and Landlord shall not be required to accept the check of any other personPerson, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made make the payment in question when required under this Lease. If, during the Term, Landlord receives two or more checks from Tenant which are returned by Tenant’s bank for insufficient funds or are otherwise returned unpaid, Tenant agrees that all checks thereafter shall be either bank certifiedbank, certified or cashiers’, or treasurers’ checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all All bank service charges resulting from any returned bad checks plus a handling fee of five hundred dollars ($500.00)shall be borne by Tenant. The rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything any other provision of this Lease to the contrary contained hereincontrary, neither Basic Rent nor Tenant’s Proportionate Share of Operating Expense Increase (as hereinafter defined) shall include the cost of utilities provided directly to or elsewhere providedserving the Leased Premises, it is agreed and understood that throughout the Lease Term cost of which Tenant agrees shall pay directly to establish and maintain with a commercial bank the applicable utility provider or financial institution reasonably acceptable to Landlord, a special account for the payment of Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”)as applicable.

Payment of Rent and Additional Charges. Tenant shall pay the Basic Rent for each Lease Year in equal monthly installments in advance on the first day of each month during the Term, except that if the Lease Commencement Date is not the first day of a month, Basic Rent for the period commencing on the Lease Commencement Date and ending on the last day of the month in which the Lease Commencement Date occurs shall be pro-rated for each day at the rate of one-thirtieth (1/30) of the full monthly installment of Basic Rent and paid on the Lease Commencement Date. If any due and owing Basic Rent is underpaid as a result of failure to make any required adjustment thereto or other cause, after such required adjustment thereto or other cause, Tenant shall pay such deficiency in its entirety along with the next monthly payment of Basic Rent. Tenant shall also pay Tenant's Proportionate Share of Operating Expense Increases as provided in Section 3(b) hereof. The Basic Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without notice or demand and without deduction, diminution, abatement, counterclaim, counterclaim or setoff of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection (b), to Landlord at Landlord’s 's Notice Address or at such other address or to such other person as Landlord may from time to time designate in writingdesignate. If Tenant makes any payment to Landlord by check, such payment the same shall be by check of Tenant only, and Landlord shall not be required to accept the check of any other person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease. If, during the Term, Landlord receives two or more checks from Tenant which are returned by Tenant’s 's bank for insufficient funds or are otherwise returned unpaid, Tenant agrees that all checks thereafter shall be either bank certified, cashiers’, certified or treasurers’ bank cashier's checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all All bank service charges resulting from any returned bad checks plus a handling fee of five hundred dollars ($500.00)shall be borne by Tenant. The rent Rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything to the contrary contained herein, or elsewhere provided, it is agreed and understood that throughout the Lease Term Tenant agrees to establish and maintain with a commercial bank or financial institution reasonably acceptable to Landlord, a special account for the payment of Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”).

Payment of Rent and Additional Charges. Tenant shall pay the Basic Rent for each Lease Year and Parking Rent in equal monthly installments in advance on the first day of each month during the Term, Term commencing on the Lease Commencement Date; provided, however, if the Lease Commencement Date is not the first day of a month, Basic Rent for the period commencing on the Lease Commencement Date and ending on the last day of the month in which the Lease Commencement Date occurs shall be pro-rated for each day at the rate of one-thirtieth (1/30) of the full monthly installment of Basic Rent and paid on the Lease Commencement Date. If any due and owing Basic Rent is underpaid as a result of failure to make any required adjustment thereto or other cause, after such required adjustment thereto or other cause, Tenant shall pay such deficiency in its entirety along with the next monthly payment of Basic Rent. Commencing as of January 1, 1999, Tenant shall also pay its Proportionate Share of Operating Expense Increases as provided in Sections 1(a)(7) and 2(b) hereof. The Basic Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without (except as otherwise provided in this Lease, at law or in equity) notice or demand and without deduction, diminution, abatement, counterclaim, counterclaim or setoff set-off of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection (b), to Landlord at Landlord’s 's Notice Address or at such other address or to such other person as Landlord may from time to time designate in writingdesignate. If Tenant makes any payment to Landlord by check, such payment the same shall be by check of Tenant only, and Landlord shall not be required to accept the check of any other person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, it should mailed to Landlord's Notice Address and Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease. If, during the Term, Landlord receives two or more checks from Tenant which are returned by Tenant’s bank for insufficient funds or are otherwise returned unpaid, Tenant agrees that all checks thereafter shall be either bank certified, cashiers’, or treasurers’ checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all All bank service charges resulting from any returned bad checks plus a handling fee of five hundred dollars ($500.00)shall be borne by Tenant. The rent Rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything to the contrary contained herein, or elsewhere provided, it is agreed and understood that throughout the Lease Term Tenant agrees to establish and maintain with a commercial bank or financial institution reasonably acceptable to Landlord, a special account for the payment of Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”).

Payment of Rent and Additional Charges. Tenant shall pay the Basic Rent for each Lease Year in equal monthly installments in advance on the first (1st) day of each month during the Term, commencing on the Lease Commencement Date. The Basic Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without notice or demand and without deduction, diminution, abatement, counterclaim, counterclaim or setoff of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection subsections (b)) and (g) and Sections 13 and 14, to Landlord at Landlord’s Notice Address or at such other address or by wire transfer to such other person bank account as Landlord may from time to time designate in writingdesignate. If Tenant makes any payment to Landlord by checkcheck (which, for any payment other than by wire transfer, shall require Landlord’s consent), such payment shall be by check of Tenant and Landlord shall not be required to accept the check of any other person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease. If, during the Term, Landlord receives two or more checks from Tenant which are returned by Tenant’s bank for insufficient funds or are otherwise returned unpaid, Tenant agrees that all checks thereafter shall be either bank certified, cashiers’, or treasurers’ checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all All bank service charges resulting from any returned bad checks plus a handling fee of five hundred dollars ($500.00)shall be borne by Tenant. The rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything to the contrary contained herein, or elsewhere provided, it is agreed and understood that throughout the Lease Term Tenant agrees to establish and maintain with a commercial bank or financial institution reasonably acceptable to Landlord, a special account for the payment of Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”).

Payment of Rent and Additional Charges. Subject to the provisions of Paragraph 1, Tenant shall pay the Basic Rent for each Lease Year in equal monthly installments in advance on the first day of each month during the Term, commencing on the Lease Commencement Date. If the Lease Commencement Date is not the first day of a month, Basic Rent for the period commencing on the Lease Commencement Date and ending on the last day of the month in which the Lease Commencement Date occurs (the "Partial First Month") shall be pro-rated for each day at the rate of one-thirtieth (1/30) of the full monthly installment of Basic Rent. In the event the Advance Rent received by Landlord exceeds the amount of Basic Rent due Landlord for the Partial First Month the excess amount shall be credited to the next monthly Basic Rent Payment. The Basic Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without notice or demand and without deduction, diminution, abatement, counterclaim, or setoff of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection (b), to Landlord at Landlord’s 's Notice Address or at such other address or to such other person as Landlord may from time to time designate in writing. If Tenant makes any payment to Landlord by check, such payment shall be by check of Tenant and Landlord shall not be required to accept the check of any other person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, . Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease. If, during the Term, Landlord receives two or more checks from Tenant which are returned by Tenant’s 's bank for insufficient funds or are otherwise returned unpaid, . Tenant agrees that all checks thereafter shall be either bank certified, cashiers’', or treasurers’ ' checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all bank service charges resulting from any returned checks plus a handling fee of five hundred dollars ($500.00)checks. The rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything to the contrary contained herein, or elsewhere provided, it is agreed and understood that throughout the Lease Term Tenant agrees to establish and maintain with a commercial bank or financial institution reasonably acceptable to Landlord, a special account for the payment of Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”).

Payment of Rent and Additional Charges. Tenant shall pay the Basic Base -------------------------------------- Rent for each Lease Year in equal monthly installments in advance advance, commencing on the Rent Commencement Date and thereafter on the first day of each month during the Term. If the Rent Commencement Date is not the first day of a month, commencing Base Rent for the month in which the Rent Commencement Date occurs shall be pro-rated on the Lease basis of the number of days in the month before and after the Rent Commencement Date. Landlord acknowledges receipt of the Security Deposit. The Basic Base Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without notice or demand and without deduction, diminution, abatement, counterclaim, counterclaim or setoff of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection (b) and in Sections 5(j), 13(b) and 14(a) or otherwise herein, to Landlord at Landlord’s 's Notice Address or at such other address or to such other person Person (including a successor to Landlord's interest in the Building) as Landlord may from time to time designate in writingdesignate. Such payment shall be sent by check of Tenant. If Landlord shall maintain an office in the Building and Tenant makes any payment to Landlord shall make payments by check, any such payment shall may be delivered by check of Tenant and to Landlord's representative at the Building. Landlord shall not be required to accept the check of any other personPerson, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made make the payment in question when required under this Lease. If, during the Termany Lease Year, Landlord receives two (2) or more checks from Tenant which are returned by Tenant’s bank 's banks for insufficient funds or are otherwise returned unpaid, Tenant agrees that all checks thereafter shall be either bank certifiedbanks, certified or cashiers’, or treasurers’ ' checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all All bank service charges resulting from any such returned checks plus a handling fee of five hundred dollars ($500.00). The rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything to the contrary contained herein, or elsewhere provided, it is agreed and understood that throughout the Lease Term Tenant agrees to establish and maintain with a commercial bank or financial institution reasonably acceptable to Landlord, a special account for the payment of borne by Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”).

Payment of Rent and Additional Charges. Subject to the provisions of Paragraph 1, Tenant shall pay the Basic Rent for each Lease Year in equal monthly installments in advance on the first day of each month during the Term, commencing on the Lease Commencement Date. If the Lease Commencement Date is not the first day of a month, Basic Rent for the period commencing on the Lease Commencement Date and ending on the last day of the month in which the Lease Commencement Date occurs (the "Partial First Month") shall be pro-rated for each day at the rate of one-thirtieth (1/30) of the full monthly installment of Basic Rent. In the event the Advance Rent received by Landlord exceeds the amount of Basic Rent due Landlord for the Partial First Month the excess amount shall be credited to the next monthly Basic Rent Payment. The Basic Rent and all Additional Charges shall be paid promptly when due, in lawful money of the United States, without notice or demand and without deduction, diminution, abatement, counterclaim, or setoff of any amount or for any reason whatsoever, except as otherwise expressly provided in subsection (b), to Landlord at Landlord’s 's Notice Address or at such other address or to such other person as Landlord may from time to time designate in writing. If Tenant makes any payment to Landlord by check, such payment shall be by check of Tenant and Landlord shall not be required to accept the check of any other person, and any check received by Landlord shall be deemed received subject to collection. If any check is mailed by Tenant, Tenant shall post such check in sufficient time prior to the date when payment is due so that such check will be received by Landlord on or before the date when payment is due. Tenant shall assume the risk of lateness or failure of delivery of the mails, and no lateness or failure of the mails will excuse Tenant from its obligation to have made the payment in question when required under this Lease. If, during the Term, Landlord receives two or more checks from Tenant which are returned by Tenant’s 's bank for insufficient funds or are otherwise returned unpaid, Tenant agrees that all checks thereafter shall be either bank certified, cashiers’', or treasurers’ ' checks. Landlord shall be reimbursed by Tenant an amount equal to one hundred and fifty percent (150%) of all bank service charges resulting from any returned checks plus a handling fee of five hundred dollars ($500.00)checks. The rent reserved under this Lease shall be the total of all Basic Rent and Additional Charges, increased and adjusted as elsewhere herein provided, payable during the entire Term and, accordingly, the methods of payment provided for herein, namely, annual and monthly rental payments, are for convenience only and are made on account of the total rent reserved hereunder. Notwithstanding anything to the contrary contained herein, or elsewhere provided, it is agreed and understood that throughout the Lease Term Tenant agrees to establish and maintain with a commercial bank or financial institution reasonably acceptable to Landlord, a special account for the payment of Tenant’s Basic Rent obligations from which the payments of Basic Rent shall be wired directly to Landlord’s account no later then the first regular business day of each calendar month (the “Rent Payment Account”). It is further agreed that throughout the Lease Term, no later then the 10th calendar day of each month, the Landlord shall receive written verification from the bank or financial institution holding the Rent Payment Account that Tenant has irrevocably pre-ordered automatic wire transfers from the Rent Payment Account to Landlord’s account to occur on the first business day of each of the next two (2) months for the full payment of Basic Rent (“Pre-ordered Rent Payments”) for the subject months and that the Rent Payment Account has sufficient balances to provide for said payments (“Rent Payment Account Minimum Balance”).