Common use of PRORATED RENT Clause in Contracts

PRORATED RENT. Any Base Annual Rent or Additional Rent payable pursuant to Sections 2.1 and 2.2 for one or more full calendar months in a partial Fiscal Year at the beginning or end of the Lease Term shall be prorated based upon the number of months in the Fiscal Year. Any Base Annual Rent or Additional Rent payable pursuant to Sections 2.1 and 2.2 for a portion of a calendar month shall be prorated based upon the number of days in the applicable calendar month.

Appears in 7 contracts

Samples: Office Building Lease (TRX Inc/Ga), Office Building Lease (Micromet, Inc.), Office Building Lease (Spherix Inc)

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PRORATED RENT. Any Base Annual Rent or Additional Rent payable -------------- pursuant to Sections 2.1 and 2.2 for one or more full calendar months in a partial Fiscal Year at the beginning or end of the Lease Term shall be prorated based upon the number of months in the Fiscal Year. Any Base Annual Rent or Additional Rent payable pursuant to Sections 2.1 and 2.2 for a portion of a calendar month shall be prorated based upon the number of days in the applicable calendar month.

Appears in 1 contract

Samples: Cais Internet Inc

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