RENEWAL TERM ADDITIONAL RENT Sample Clauses

RENEWAL TERM ADDITIONAL RENT. Except for the Base Year of any Renewal Term, Tenant shall pay Additional Rent to Landlord on a quarterly basis in arrears within forty-five (45) days after the end of each quarter of each Lease Year during any Renewal Term; provided, however, if such payment date falls on a weekend or federal holiday, Tenant shall make such payment on the first business day immediately preceding such payment date. The Additional Rent shall be calculated as provided in Section 2.3 except that the Base Year for the purposes of determining such Additional Rent shall be the first Lease Year of the applicable Renewal Term.
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RENEWAL TERM ADDITIONAL RENT. Except during the first Lease Year of any Renewal Term, Tenant shall pay to Landlord Additional Rent in each Renewal Term on a monthly basis in arrears on the fifteenth (15th) day of each calendar month; provided, however, if such payment date falls on a weekend or federal holiday, Tenant shall make such payment on the first business day immediately preceding such payment date. The Additional Rent for each Renewal Term shall be calculated as provided in Section 2.2 hereof except that (i) Section 2.2.1 hereof shall not apply, and (ii) the Base Year for the purpose of determining such Additional Rent shall be the first Lease Year of the applicable Renewal Term.
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RENEWAL TERM ADDITIONAL RENT. Except during the first Lease Year of any Renewal Term, Tenant shall pay to Landlord Additional Rent in each Renewal Term on a quarterly basis in arrears on the twentieth (20th) day of the calendar month after the end of each quarter of each Lease Year in which due; provided, however, if such payment date falls on a weekend or federal holiday, Tenant shall make such payment on the first business day immediately preceding such payment date. The Additional Rent for each Renewal Term shall be calculated as provided in Section 2.2 hereof except that Base Gross Revenues for purposes of determining such Additional Rent shall be the amount of Gross Revenues for the first Lease Year of the applicable Renewal Term.
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RENEWAL TERM ADDITIONAL RENT. Except during the first Lease Year of the Renewal Term, Tenant shall pay to Landlord Additional Rent in the Renewal Term on a quarterly basis in arrears no more than 30 days after the end of each Lease Year quarter. The Additional Rent for the Renewal Term shall be calculated as provided in Section 2.2 except that the Base Year for the purpose of determining such Additional Rent shall be the first Lease Year of the Renewal Term provided, that in no event shall the sum of Minimum Rent and Additional Rent (the "Total Rent") for any Lease Year of the Renewal Term be less than the Total Rent for the last Lease Year of the Initial Term.
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RENEWAL TERM ADDITIONAL RENT. 2.5 Rent Cap and Floor....................................... 2.6
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RENEWAL TERM ADDITIONAL RENT. Except during the first Lease Year of any Renewal Term, Tenant shall pay to Landlord Additional Rent in each Renewal Term on a quarterly basis in arrears no more than forty-five (45) days after the end of each Lease Year quarter. The Additional Rent for each Renewal Term shall be calculated as provided in Section 2.2 except that the Base Gross Revenues and the Base Gross Revenues for the Meditrust Carolina Facilities for the purpose of determining such Additional Rent shall be the respective amount of Gross Revenues and Gross Revenues for the Meditrust Carolina Facilities for the first Lease Year of the applicable Renewal Term.
Sample 1
RENEWAL TERM ADDITIONAL RENT. During each renewal term, Tenant shall pay to Landlord Additional Rent on a quarterly basis in arrears no more than 45 days after the end of each calendar quarter. The Additional Rent for each renewal term shall be calculated as provided in Section 2.2 except that the Base Year for the purpose of determining such Additional Rent shall be the Lease Year immediately preceding the applicable renewal term.
Sample 1
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RENEWAL TERM ADDITIONAL RENT. During the second (2nd) and each other Lease Year of each Renewal Term, Tenant shall pay to Landlord annual Additional Rent in an amount equal to the sum of (a) the Previous Year's Rent multiplied by the lesser of (i) two and one-half percent (2.5%) or (ii) two (2) times the CPI Increase and (b) the Additional Rent payable in the immediately preceding Lease Year. Such Additional Rent with respect to each month shall be paid by wire transfer in advance and in equal monthly installments on the first (1st) business day of each such calendar month.
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Related to RENEWAL TERM ADDITIONAL RENT

  • Additional Rent In addition to Base Rent, Tenant agrees to pay to Landlord as additional rent (“Additional Rent”): (i) Tenant’s Share of “Operating Expenses” (as defined in Section 5), and (ii) any and all other amounts Tenant assumes or agrees to pay under the provisions of this Lease, including, without limitation, any and all other sums that may become due by reason of any default of Tenant or failure to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after any applicable notice and cure period.

  • Additional Rental Lessee shall pay and discharge, as additional rental (“Additional Rental”), all sums of money required to be paid by Lessee under this Lease which are not specifically referred to as Rental. Lessee shall pay and discharge any Additional Rental when the same shall become due, provided that amounts which are billed to Lessor or any third party, but not to Lessee, shall be paid within thirty (30) days after Lessor’s demand for payment thereof or, if later, when the same are due. In no event shall Lessee be required to pay to Lessor any item of Additional Rental that Lessee is obligated to pay and has paid to any third party pursuant to any provision of this Lease.

  • Monthly Rent The rent payable pursuant to Paragraph 5.A., as adjusted from time to time pursuant to the terms of this Lease.

  • Base Rent and Additional Rent Tenant shall pay to Landlord the following amounts as rent for the Premises:

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

  • Minimum Rent The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

  • Fixed Rent Tenant agrees to pay to Landlord, on the Rent Commencement Date, and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Lease Term, a sum equal to one-twelfth (1/12th) of the Annual Fixed Rent specified in Section 1.1 hereof. Until notice of some other designation is given, fixed rent and all other charges for which provision is herein made shall be paid by remittance to or for the order of Boston Properties Limited Partnership, as agent of Landlord. All remittances received by BOSTON PROPERTIES LIMITED PARTNERSHIP, as agent as aforesaid, or by any subsequently designated recipient, shall be treated as a payment to Landlord. Annual Fixed Rent for any partial month shall be paid by Tenant to Landlord at such rate on a pro rata basis, and, if the Rent Commencement Date shall be other than the first day of a calendar month, the first payment of Annual Fixed Rent which Tenant shall make to Landlord shall be a payment equal to a proportionate part of such monthly Annual Fixed Rent for the partial month from the Rent Commencement Date to the first day of the succeeding calendar month. Additional Rent payable by Tenant on a monthly basis, as elsewhere provided in this Lease, likewise shall be prorated, and the first payment on account thereof shall be determined in similar fashion and shall commence on the Rent Commencement Date and other provisions of this Lease calling for monthly payments shall be read as incorporating this undertaking by Tenant. Notwithstanding that the payment of Annual Fixed Rent payable by Tenant to Landlord shall not commence until the Rent Commencement Date, Tenant shall be subject to, and shall comply with, all other provisions of this Lease as and at the times provided in this Lease. The Annual Fixed Rent and all other charges for which provision is made in this Lease shall be paid by Tenant to Landlord without setoff, deduction or abatement.

  • Net Rent It is the intent of the Landlord and Tenant that this Lease shall yield, net to Landlord, the Base Rent specified and all Additional Rent and charges in each month during the term of the Lease, and that all costs, expenses and obligations of every kind relating to the Leased Premises shall be paid by the Tenant, unless expressly assumed by the Landlord.

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