Common use of Prorated Rent Payments Clause in Contracts

Prorated Rent Payments. If the Effective Date is a day other than the first day of a calendar month, the applicable T-Mobile Collocation Rent for the period from the Effective Date through the end of the calendar month during which the Effective Date occurs shall be prorated on a daily basis, and shall be included in the calculation of and payable with the T-Mobile Collocation Rent for the first full calendar month of the Term. If the date of the expiration of the Term as to any Site is a day other than the last day of a calendar month, the applicable T-Mobile Collocation Rent for such calendar month shall be prorated on a daily basis.

Appears in 4 contracts

Samples: Sale Site Master Lease Agreement, Sale Site Master Lease Agreement (T-Mobile US, Inc.), Sale Site Master Lease Agreement (Crown Castle International Corp)

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