Common use of Proration for Partial Lease Year Clause in Contracts

Proration for Partial Lease Year. Unless otherwise agreed by the Parties in writing, Rent and applicable Additional Charges shall be prorated on a per diem basis as to any Lease Year containing less than twelve (12) calendar months, and with respect to any installment thereof due for any partial months at the beginning and end of the Term.

Appears in 13 contracts

Samples: Lease Amendment (Caesars Entertainment, Inc.), Lease (Caesars Entertainment, Inc.), Lease (Vici Properties Inc.)

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Proration for Partial Lease Year. Unless otherwise agreed by the Parties in writing, Rent and applicable Additional Charges shall be prorated on a per diem basis as to any Lease Year containing less than twelve (12) calendar months, and with respect to any installment thereof due for any partial months at the beginning and end of the Term.

Appears in 5 contracts

Samples: Purchase and Sale Agreement, Lease Agreement (CAESARS ENTERTAINMENT Corp), Lease Agreement (Vici Properties Inc.)

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Proration for Partial Lease Year. Unless otherwise agreed by the Parties in writing, Rent and applicable Additional Charges shall be prorated on a per diem basis as to any Lease Year containing less than twelve (12) calendar months, and with respect to any installment thereof due for any partial months at the beginning and end of the Term.

Appears in 2 contracts

Samples: Lease (Century Casinos Inc /Co/), Lease

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