Common use of Prepaid Rent Clause in Contracts

Prepaid Rent. Tenant shall pay to Landlord upon execution of this Lease Prepaid Rent, if any, in the amount specified in the Basic Provisions, which shall be allocated toward the payment of rent for the months specified in the Basic Provisions. If Tenant is not in default of any of the provisions of this Lease, the Rent prepaid by Tenant for the last month of the term of this Lease, if any, shall be reduced by the amount so allocated in the Basic Provisions.

Appears in 8 contracts

Samples: Industrial Lease (Appfolio Inc), Industrial Lease (Appfolio Inc), Industrial Lease (Appfolio Inc)

AutoNDA by SimpleDocs

Prepaid Rent. Contemporaneously with Tenant’s execution of this Lease, Tenant shall pay to Landlord upon execution of this the sum set forth as Prepaid Rent in the Lease Summary (the “Prepaid Rent, if any, in the amount specified in the Basic Provisions”), which shall be allocated toward the payment of rent applied to Base Rent for the months month(s) specified in the Basic ProvisionsLease Summary. If Tenant is not in default defaults under the terms of any this Lease prior to the application of the provisions of this LeasePrepaid Rent, the Rent such sums shall not be applied as prepaid by Tenant for the last month of the term of this Lease, if any, rent but shall be reduced by held and added to the amount so allocated in the Basic ProvisionsSecurity Deposit.

Appears in 2 contracts

Samples: Office Lease (Impinj Inc), Office Lease (Impinj Inc)

Prepaid Rent. Tenant shall pay to Landlord upon execution of this Lease Prepaid Rent, if any, in the amount specified in the Basic Provisions, which shall be allocated toward the payment of rent for the months specified in the Basic Provisions. If Tenant is not in default of any of the provisions of this Lease, beyond the applicable notice and cure periods, the Rent prepaid by Tenant for the last month of the term Term of this Lease, if any, shall be reduced by the amount so allocated in the Basic Provisions.

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (Resonant Inc)

AutoNDA by SimpleDocs

Prepaid Rent. Tenant shall pay to Landlord upon execution of this Lease Prepaid Rent, if any, in the amount specified in the Basic Provisions, which shall be allocated toward the payment of rent for the months specified in the Basic Provisions. If Tenant is not in default of any of the provisions of this Lease, the Rent prepaid by Tenant for the last month of the term of this Lease, if any, shall be reduced by the amount so allocated in the Basic Provisions.. Landlord’s Initials Tenant’s Initials

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (Appfolio Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!