Premises and Rent Sample Clauses

Premises and Rent. The Property is let to You for the Rental which is payable on the earlier of signing the Agreement and three weeks prior to the Commencement Date. You shall pay a Bond to Us on or before the signing of the Agreement.
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Premises and Rent. The Lessors agree to lease to Lessee the entirety of the property located at 0000 Xxxxxxxxxx Xxxx, Independence, Kentucky, hereinafter referred to as “premises.” a. In consideration of the use of said premises, Lessee shall pay Lessor rent in the following amounts per month during the specific periods of the lease listed below which shall be paid to the Lessor no later than the 9th day of each month at 0000 Xxxxx Xxxxxx Xxx, Suite 5200, Covington, Kentucky, 41011. Any rent check or money order shall be payable to the Kenton County Fiscal Court. i. Months 1-12 - $1,400.00 ii. Months 13-24 - $1,500.00 iii. Months 25-36 - $1,600.00 iv. Months 37-48 - $1,648.00 v. Months 49-60 - $1,697.00 b. If Lessor fails to receive the Lessees’ monthly rent payment on or before the close of business on the 9th day of the month in which it is due, Lessees shall pay (in addition to the rent due) the sum of $100.00 per lease month for each month overdue. If Lessor fails to receive the Lessees’ monthly rent payment on or before the close of business on the 30th day of the month in which it is due, an additional sum of $200.00 per lease month shall be due and payable to the Lessor. If any such late fee is not tendered with the monthly rent when finally paid, Lessor shall have no obligation to accept the rent payment. c. If any check or payment from Lessees to Lessor is returned by the bank for any reason, Lessee shall owe Lessor the additional sum of $50.00 in addition to any other late fees otherwise accrued.
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Premises and Rent. The Lessors agree to lease to Lessee the entirety of the property located at 0000 Xxxxxxxxxx Xxxx, Independence, Kentucky, hereinafter referred to as “premises.” a. In consideration of the use of said premises, Lessee shall pay Lessor rent in the amount of $1,144.00 per month which shall be paid to the Lessor no later than the 9th day of each month at 0000 Xxxxx Xxxxxx Xxx, Suite 5200, Covington, Kentucky, 41011. Any rent check or money order shall be payable to the Kenton County Fiscal Court. b. If Lessor fails to receive the Lessees’ monthly rent payment on or before the close of business on the 9th day of the month in which it is due, Lessees shall pay (in addition to the rent due) the sum of $100.00 per lease month for each month overdue. If Lessor fails to receive the Lessees’ monthly rent payment on or before the close of business on the 30th day of the month in which it is due, an additional sum of $200.00 per lease month shall be due and payable to the Lessor. If any such late fee is not tendered with the monthly rent when finally paid, Lessor shall have no obligation to accept the rent payment. c. If any check or payment from Lessees to Lessor is returned by the bank for any reason, Lessee shall owe Lessor the additional sum of $50.00 in addition to any other late fees otherwise accrued.
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Premises and Rent. The Rental Provider lets the Premises to the Renter for the Rental of which the first instalment is payable on the Commencement Date and payable by the Renter to Xxxxxx Xxxxxxxxx.
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Premises and Rent. The Landlord lets to the Tenant the Premises specified in item 5 in the Schedule together with those items indicated in the Schedule, for which the rental shall be the amount specified in item 6 in the Schedule of which the first instalment is payable on the date specified in item 7 of the Schedule and payable by the Tenant to the party specified in item 8 in the Schedule. Security bond of at least one extra month rental in advance is levied and the Landord/Agent reserves the right to make a detailed inspection of the Premises on the 1 monthly anniversary of the lease agreement, subject to 48 hours notice. Any loss or damage identified during the inspection shall be invoiced to the Tenant on 28 day terms and any amount outstanding 28 days after such invoice is issued shall be considered a commercial loan to the Tenant as a debtor of the Landlord. Failure to pay the invoiced amount within 28 days of the invoice date will be deemed a breach of this agreement. If any outstanding invoice or rental amount exceeds 30 days past due then the landlord is entitled to inquire and record the amount as a default on the Tenant’s credit record subject to 30 days notice. Subject to the determination of any cost of excess cleaning or repairs, the bond/extra month’s rent held in the last month of the lease, net of any costs or outstanding charges, shall be refunded to the Tenant within 3 business days of a final inspection, which will be done by the agent or landlord within 5 business days of the Tenant vacating the property,.
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Premises and Rent. (a) Sublessor hereby subleases and rents to Sublessee, and Sublessee hereby subleases and rents from Sublessor, under the sublease arrangement set forth herein, 7,240 rentable square feet of space ( the "Sublease Premises") as shown on Exhibit "B", being a portion of the rentable space on floor G1. Such space is immediately available for Sublessee to perform tenant fit-up and finish work therein, subject to the terms of Paragraph 2 herein. "Base Rent" (as described herein) will commence upon the occupancy of the Sublease Premises by Sublessee for the purpose of conducting business, but no later than July 1, 1998 (the "Commencement Date").
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Premises and Rent. (a) The Premises shall consist of the following: ----------------- Usable Rentable Floor Square Feet Square Feet ----- ----------- ----------- 16 23,216 25,538 17 23,216 25,538 18 23,216 25,538 The Monthly Rental for the Term shall be as follows: Per Rentable Square Foot Annual Lease Year Per Annum Monthly Rental Base Rental ---------- ------------ -------------- ----------- 1 - 5 $17.40 $111,090.30 $1,333,083.60 6 - 7 $22.40 $143,012.80 $1,716,153.60 8 - 9 $25.00 $159,612.50 $1,915,350.00 10 $26.50 $169,189.25 $2,030,271.00 provided, however, that this provision shall not eliminate or be deemed to eliminate Tenant's obligation to pay any other amounts or charges due of Tenant under this Lease, including, but not limited to, the amounts and charges due of Tenant under Paragraphs 3 and 8(c) of this Lease, and Landlord does not waive the right to collect any such sums. (b) The figures set forth above for Monthly Rental and Annual Base Rental have been calculated based on the Premises containing seventy-six thousand six hundred fourteen (76,614) rentable square feet, and such figures shall be adjusted to reflect the actual rentable square feet within the Premises. The rentable square feet within the Premises shall be determined by multiplying (i) the usable area of the Premises, measured and determined in accordance with the American National Standard Method of Measuring Floor Area in Office Buildings of the Building Owners and Manager's Association International (ANSI Z65.1-1980 [approved July 31, 1980]), by (ii) (A) 1.16, for a floor which Tenant leases part, but not all, of; and (B) 1.10, for a floor which Tenant leases in its entirety.
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Premises and Rent. That Landlord for and in consideration of Ten Dollars ($10.00) received in hand, the covenants and agreements hereinafter set forth and the rent hereinafter specifically reserved, has leased, and does hereby lease, unto said Tenant: -- approximately 2,000 rentable sq. ft. of office space located in the basement; -- approximately 1,000 rentable sq. ft. of office space on the second floor; and -- shared access to the second floor conference room, together referred to as the "Premises", in that certain building located at 1824-0000 X Xxxxxx, X.X., Xxxxxxxxxx, X.X. (xhe "Building"), together with the right to use the front entrance to the Building for a term commencing on March 1, 1999 for Tenant's occupancy of the Premises (the "Commencement Date") and ending on February 28, 2001, both dates inclusive, except as extended in accordance with the terms hereof, the said Tenant yielding and paying as rent for said term an amount equal to Two Thousand Five Hundred Dollars ($2,500.00) per month, without deduction or demand, payable in advance on the first day of each month during said term, at the office of Landlord, or at such other place as Landlord may hereafter designate in writing. Rent for the first month of the term shall be due and payable on or before the date Tenant executes this Lease. Rent shall be prorated for any partial month during the term at this Lease based on a 365-day year. Rent shall be increased ten percent (10%) on each anniversary of the Commencement Date. Rent checks are to be payable to Landlord or such other person, firm or corporation as Landlord may designate in writing. Tenant does hereby take and hold the Premises at the rent hereinabove specifically reserved and payable as aforesaid, and upon and subject to the terms and conditions herein contained. For each day that the commencement of the term is delayed beyond March 1, 1999, the term shall be extended by one (1) day beyond February 28, 2001.
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Premises and Rent 
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Related to Premises and Rent

  • Subleased Premises Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

  • Leased Premises Lessor hereby leases to Lessee, and Lessee leases and takes from Lessor, the Leased Premises subject to the conditions of this Lease.

  • Rent Subtenant shall pay as base rent commencing on January 1, 2008 ("Rent Commencement"). Subtenant shall pay monthly base rent as follows: January 1, 2008 – November 30, 2008: $ [***] December 1, 2008 – October 31, 2009: $ [***] Notwithstanding the foregoing, Subtenant shall also be responsible for the cost of electricity provided to the Sublease Premises. In the event that the term of this Sublease shall begin or end on a date that is not the first day of a month, base rent shall be prorated as of such date. Concurrent with Subtenant's execution of this Sublease, Subtenant shall deliver to Sublandlord the first full month's base rent in the amount of $[***] and a security deposit in the amount of $[***] (the "Security Deposit"). If Subtenant defaults with respect to any covenant or condition of the Sublease, including but not limited to the payment of base rent or any other payment due under this Sublease or the Lease, Sublandlord may apply all or any part of the Security Deposit to the payment of any sum in default or any other sum that may be required or deemed necessary by Sublandlord to spend or incur by reason of Subtenant's default. In such event Subtenant shall, upon demand, deposit with Sublandlord the [***] Confidential portions of this document have been redacted and filed separately with the Commission. amount necessary to replenish the Security Deposit. If Subtenant shall have fully complied with all of the covenants and conditions of this Sublease, the Security Deposit shall be repaid to Subtenant within thirty (30) days after the expiration or sooner termination of this Sublease. Sublandlord shall not be required to keep the Security Deposit in a separate account, but may commingle the Security Deposit with other funds of Sublandlord. Subtenant shall not be entitled to receive any interest on the Security Deposit.

  • Demised Premises 2.01. Landlord leases to Tenant and Tenant leases from Landlord certain office space (hereinafter called the "Demised Premises") in a nine-story office building currently being renovated (the "Building") situated on certain land more particularly described by metes and bounds in Exhibit A attached hereto (the "Land") leased by Landlord at 0000 Xxx Xxxxx Xxxx in Raleigh, North Carolina. The Demised Premises consists of the square feet of rentable area in the Building disclosed on Schedule I attached to this Lease and made a part hereof (hereinafter called "Schedule I"), all of said space being shown on Exhibit B attached hereto. All calculations of the rentable area of the Demised Premises and the Building shall be made in accordance with the BOMA Standard of Measuring Floor Area of Office Buildings (reprinted in August, 1990). Rentable square feet for any tenant space which constitutes all of the available office space on any floor in the Building shall be as set forth in Exhibit X-x attached hereto. Landlord, at its expense, shall provide Tenant with the Base Building items set forth on Exhibit C-l 2.02. The Demised Premises consist of the unfinished interior office space in the Building. Landlord, at its expense, shall provide Tenant with the "Base Building" items set forth on Exhibit C-l. Landlord, at Tenant's cost, shall also install the items and perform the work (collectively "upfitting") specified in the plans and upfitting requirements set forth in Exhibit C; however, Landlord shall provide Tenant with an upfitting allowance to subsidize Tenant's upfitting cost as specified in Schedule I. All work shall be performed in accordance with the provisions of Article XVI 2.03. Prior to occupancy of the Demised Premises by the Tenant, Landlord and Tenant shall enter into a supplement of this Lease in the forth attached hereto as Exhibit D setting forth the exact measurements of the Demised Premises calculated as provided hereinabove, the Commencement Date and Expiration Date of the term of this Lease as provided in Article IV and the exact amount of the Annual Minimum Rent (hereinafter defined) and monthly installments of minimum rent required in accordance with Article V herein, with such terms, conditions and provisions being consistent with the terms set forth in this Lease as of the date hereof. 2.04. Exhibits A, B, X-x, C, X-x and D and Schedule I mentioned above and Exhibit E mentioned hereafter are attached hereto and incorporated herein by this reference.

  • Condition of Leased Premises Tenant hereby acknowledges that Xxxxxx has examined the leased premises prior to the signing of this Lease, or knowingly waived said examination. Tenant acknowledges that Tenant has not relied on any representations made by Landlord or Landlord’s agents regarding the condition of the leased premises and that Tenant takes premises in its AS-IS condition with no express or implied warranties or representations beyond those contained herein or required by applicable Georgia law. Xxxxxx agrees not to damage the premises through any act or omission, and to be responsible for any damages sustained through the acts or omissions of Tenant, Xxxxxx’s family or Xxxxxx’s invitees, licensees, and/or guests. If such damages are incurred, Tenant is required to pay for any resulting repairs at the same time and in addition to the next month’s rent payment, with consequences for non-payment identical to those for non- payment of rent described herein. At the expiration or termination of the Lease, Tenant shall return the leased premises in as good condition as when taken by Tenant at the commencement of the lease, with only normal wear-and-tear excepted. Any modification of this lease shall not be binding upon Landlord unless in writing and signed by Landlord or Landlord’s authorized agent. No oral representation shall be effective to modify this Lease. If, as per the terms of this paragraph, any provision of this lease is newly added, modified, or stricken out, the remainder of this Lease shall remain in full force and effect.

  • Storage Space Landlord shall reserve up to five thousand 5,000 square feet of storage space for lease by Tenant during the Lease Term (the “Storage Space”). The Storage Space shall be located in one or more private rooms selected by Landlord in the On-Site Parking Area designated on Exhibit P attached hereto. Tenant shall have the right to increase or decrease (but not in excess of the 5,000 square foot limit set forth above) the amount of Storage Space leased by Tenant on thirty (30) days written notice to Landlord. The Storage Space described above required to be provided by Landlord to Tenant shall be leased at a rental rate equal to ( ) per usable square foot per month during the Lease Tenn. Notwithstanding the foregoing, to the extent that any Storage Space in addition to the Storage Space required to be reserved by Landlord for Tenant’s use hereunder shall become available for use by tenants of the Building, Landlord agrees that Tenant shall have the right, upon written notice to Landlord, to lease such additional Storage Space on a month-to-month basis to the extent and for the duration that Landlord does not require the use of such additional Storage Space by other tenants in the Building or for another purpose. Any such additional Storage Space shall be leased at a rental rate equal to ( ) per usable square foot per month. The Storage Space rental amounts shall be due on a monthly basis concurrent with Tenant’s payment of the Base Rent due with respect to the Premises, and shall constitute Rent under the Lease. All Storage Space leased by Tenant shall be in a condition reasonably suitable for use as storage space. Tenant acknowledges that Landlord, by providing Tenant with the Storage Space is not assuming the responsibility to ensure the security of or provide security for the Storage Space, and Tenant hereby waives all claims against Landlord for damage to or theft of any property stored by Tenant in the Storage Space, except to the extent caused by the negligence or willful misconduct of Landlord or Landlord’s agents, contractors or representatives. Landlord shall deliver the Storage Space to Tenant in its “as-is” condition, without any obligation on the part of Landlord to remodel, refurbish or otherwise improve the Storage Space, provided that the Storage Space shall have a ceiling, walls, a door and lighting. Landlord shall have the right, not more than once per calendar year, upon thirty (30) days’ prior notice to Tenant, to relocate the Storage Space to another area of the Building of approximately the same aggregate square footage as the Storage Space; in the event of such relocation of the Storage Space, Landlord shall pay Tenant’s actual costs of moving materials stored in the Storage Space to the replacement Storage Space.

  • Access to Leased Premises Landlord may enter the Leased Premises after business hours, upon twenty-four (24) hour notice to Tenant (and at any time and without notice in case of emergency), for the purposes of (a) inspect the Leased Premises, (b) exhibiting the Leased Premises to prospective purchasers, lenders or, within one hundred eighty (180) days of the end of the Term, prospective, (c) determining whether Tenant is complying with all of its obligations hereunder, (d) supplying janitorial service and any other services to be provided by Landlord to Tenant hereunder, (e) post notices of non-responsibility, and (f) make repairs required of Landlord under the terms hereof or repairs to any adjoining space or utility services or make repairs, alterations or improvements to any other portion of the Building. For such purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors in, on or about the Leased Premises (excluding Tenant’s vaults, safes, storage facilities for sensitive materials, confidential patient files and similar areas designated in writing by Tenant in advance); and Landlord shall have the right to use any and all means which Landlord may deem proper to open said doors in any emergency in order to obtain entry to the Leased Premises. If, as a result of any such inspection or for any reason, Landlord reasonably determines that Tenant has failed to meet its obligations under Section 5.2 hereof, Landlord shall so notify Tenant and Tenant shall immediately commence to cure any such failure. In the event Tenant refuses or neglects to commence and complete such cure within a reasonable time, Landlord may make or cause to be made such repairs. In such event, Landlord’s cost to make such repairs shall constitute an Advance.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of the Lease.

  • The Premises Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the premises set forth in Section 2.2 of the Summary (the “Premises”). The outline of the Premises is set forth in Exhibit A attached hereto. The outline of the “Building” and the “Project,” as those terms are defined in Section 1.1.2 below, are further depicted on the Site Plan attached hereto as Exhibit A. The parties hereto agree that the lease of the Premises is upon and subject to the terms, covenants and conditions herein set forth, and Tenant covenants as a material part of the consideration for this Lease to keep and perform each and all of such terms, covenants and conditions by it to be kept and performed. The parties hereto hereby acknowledge that the purpose of Exhibit A is to show the approximate location of the Premises only, and such Exhibit is not meant to constitute an agreement, representation or warranty as to the construction of the Premises, the precise area thereof or the specific location of the “Common Areas,” as that term is defined in Section 1.1.3, below, or the elements thereof or of the accessways to the Premises or the “Project,” as that term is defined in Section 1.1.2, below, and that the square footage of the Premises shall be as set forth in Section 2.1 of the Summary of Basic Lease Information. Except as specifically set forth in this Lease and in the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”), Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Premises. Xxxxxx also acknowledges that neither Landlord nor any agent of Landlord has made any representation or warranty regarding the condition of the Premises, the Building or the Project or with respect to the suitability of any of the foregoing for the conduct of Xxxxxx’s business, except as specifically set forth in this Lease and the Tenant Work Letter. For purposes of Section 1938 of the California Civil Code, Landlord hereby discloses to Tenant, and Tenant hereby acknowledges, that the Building and Premises have not undergone inspection by a Certified Access Specialist (CASp). Landlord shall deliver the Premises to Tenant in good, vacant, broom clean condition, in compliance with all laws, with the roof water-tight and shall cause the plumbing, electrical systems, fire sprinkler system, lighting, and all other building systems serving the Premises in good operating condition and repair on or before the Lease Commencement Date, or such earlier date as Landlord and Tenant mutually agree. Landlord will be responsible for causing the exterior of the Building, the existing Building entrances, and all exterior Common Areas (including required striping and handicapped spaces in the parking areas) to be in compliance with ADA and parking requirements, to the extent required to allow the legal occupancy of the Premises or completion of the Tenant Improvements.

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