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, (i) 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 (the “Initial Period”) 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, and (ii) T-Mobile Collocator shall timely pay, to the extent it has not already paid, to each Ground Lessor directly, the Ground Rent due and payable under the respective Ground Lease for the Initial Period. 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 Total Rent Amount for such calendar month shall be prorated on a daily basis.

Prorated Rent Payments. If the Effective Date is a day other than the first day of a calendar month, (i) 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 (the “"Initial Period”") 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, and (ii) T-Mobile Collocator shall timely pay, to the extent it has not already paid, to each Ground Lessor directly, the Ground Rent due and payable under the respective Ground Lease for the Initial Period. 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 Total Rent Amount for such calendar month shall be prorated on a daily basis.