Common use of Prorating Rent Clause in Contracts

Prorating Rent. If any Lease Year consists of a period of less than twelve (12) full calendar months, payments of Basic Rent and Additional Rent, will be prorated on the basis of a thirty (30) day month or 360-day year, unless otherwise provided.

Appears in 7 contracts

Samples: Lease Agreement (Cognition Therapeutics Inc), Lease Agreement (Bellerophon Therapeutics, Inc.), Lease Agreement (Roka BioScience, Inc.)

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Prorating Rent. If any Lease Year consists of a period of less than twelve (12) full calendar months, payments of Basic Rent and Additional Rent, Rent will be prorated on the basis of a thirty (30) day month or 360365-day year, unless otherwise provided.

Appears in 2 contracts

Samples: Lease Agreement (BTRS Holdings Inc.), Lease Agreement (South Mountain Merger Corp.)

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Prorating Rent. If any Lease Year consists of a period of less than twelve (12) full calendar months, payments of Basic Rent and Additional Rent, will be prorated on a daily basis, based on the basis actual number of a thirty (30) day month or 360-day year, unless otherwise providedcalendar days.

Appears in 1 contract

Samples: Lease Agreement (Domus Holdings Corp)

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