Rent Abatements Clause Samples

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Rent Abatements. The Rent Schedule in Exhibit E of the Lease is hereby deleted in its entirety and replaced with Exhibit E2 attached hereto and made a part hereof. It is mutually agreed and understood that Landlord is granting a rent abatement on Suite #74 effective September 1, 1996 ending November 30, 1996. It is mutually agreed that No Base Rent, exclusive of adjustments as provided in Addendum Section V, Paragraph 4. items (a), (b), (c), (d) and (e), shall be due for the following month(s): September, October and November, 1996. The entire Base Rent otherwise due and payable for the Abatement Month(s) shall become immediately due and payable upon the occurrence of an event of default by Tenant under this Lease, default as defined in Addendum Section V, Paragraph 10. subparagraph DEFAULT. Effective December 1, 1996 and for the subsequent 33 months ending August 31, 1999 Tenant shall pay a base rent of $1,000.00 per month exclusive of the underlying pass-throughs provided in Lease Addendum Section V, Paragraph 4. items (a), (b), (c), (d) and (e). It is agreed that effective September 1, 1999, and thereafter, the rental rate applicable to Suite #74 shall be equal to the rental rate applicable to Suite #44.
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Rent Abatements. Buyer shall receive a credit at the Closing for the Rent abatements set forth on Schedule 7, as reduced to reflect rent abatements applicable to periods prior to the Closing. Buyer shall otherwise be responsible for all Rent abatements under any existing or new Leases, and any renewals or extensions of Leases.
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Rent Abatements. Buyer shall also receive a credit at Closing in the amount of Eight Hundred Two Thousand Six Hundred Forty-Seven Dollars ($802,647) for the rent abatements identified on Exhibit B-1 attached hereto (which amount shall be subject to adjustment if the Closing Date occurs after October 1, 2014) and Buyer shall assume all obligations with respect thereto from and after the Closing pursuant to the Assignment and Assumption Agreements.
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Rent Abatements. ▇▇▇▇▇▇ shall receive abatement in the monthly rent as follows: 4.2.1 Beginning upon the Commencement Date and terminating upon the County's completion of Phase I of its Apron Pavement Rehabilitation Project, Lessee shall receive a rent abatement in the amount of $2,098.00 per month to compensate Lessee for their inability to occupy the Leased Premises during Phase I of County's Apron Pavement Rehabilitation Project. 4.2.2 Beginning upon County's completion of Phase I of its Apron Pavement Rehabilitation Project and terminating upon ▇▇▇▇▇▇'s receipt of its Certificate(s) of Occupancy for the improvements described on Exhibit C of this Lease, Lessee shall receive a rent abatement in the amount of $1,264.00 per month to compensate Lessee for their inability to occupy the improvements. 4.2.3 Lessee shall receive an additional rent abatement in the amount equal to one hundred percent (100%) of ▇▇▇▇▇▇’s total actual costs incurred for their demolition and removal of the existing building on the Leased Premises described on Exhibit C of this Lease. The total amount of rent abatement will be determined by County or Manager based on bona fide invoices which Lessee shall provide to County or Manager. The rent abatement will be divided into sixty equal instalments to be granted to Lessee monthly beginning upon the month following County's receipt of ▇▇▇▇▇▇'s final invoice for work performed and County's confirmation that the demolition and removal have been completed in accordance with Exhibit C.
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Rent Abatements. There shall be no abatement of any Rent due under this Lease for any reason except as specifically provided for herein.
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Related to Rent Abatements

  • Rent Abatement Except for the negligence or willful act of Tenant or its agents, employees, contractors or invitees, if all or any part of the Premises are rendered untenantable by fire or other casualty and this Lease is not terminated, Monthly Base Rent and Rent Adjustments shall ▇▇▇▇▇ for that part of the Premises which is untenantable on a per diem basis from the date of the casualty until Landlord has Substantially Completed the repair and restoration work in the Premises which it is required to perform, provided, that as a result of such casualty, Tenant does not occupy the portion of the Premises which is untenantable during such period.

  • No Rent Abatement Tenant shall continue to pay all Rent due or accruing under this Lease during any Clean-up, and shall not be entitled to any reduction, offset or deferral of any Base Rent or Additional Rent due or accruing under this Lease during any such Clean-up.

  • Rent Except for delinquent rent, all rent under the Company's Leases and other income attributable to the Property shall be apportioned on a per diem basis as of midnight on the date immediately preceding the Closing. All such rent and other income, including commissions earned, for the period preceding the Closing shall be deemed to be property of the applicable Contributors, and all rent and other income for any period commencing as of the Closing and thereafter shall be the property of BNP for the purpose of making the adjustments set forth herein. Amounts owed under this paragraph shall be paid to the party to whom they are owed in cash at the Closing or during the Post-Closing Adjustment Period. Delinquent rent shall not be prorated, but shall be deemed the property of the Contributors. Payments received by BNP from tenants of the Property from and after the Closing with respect to the Property shall be applied first to rents and other amounts then due BNP from such tenant and then to such tenant's delinquent rent as of the time of apportionment. BNP shall use reasonable efforts to collect delinquent rents for the benefit of the Contributors but in no event shall be obligated to evict or ▇▇▇ any tenants in order to collect such rents and shall cooperate with the Contributors in the collection of any delinquent amounts; provided, however, that the Contributors shall not have any rights to evict such tenants for such delinquent amounts. Any amounts received by Contributors on account of rent or other income for the period after the Closing with respect to the Property and the related personal property shall be turned over to BNP for application in accordance with the terms of this paragraph. All accounts receivable, notes, cash and bank accounts of the Company existing as of the Closing Date shall be transferred at Closing to the appropriate Contributors, other than the remaining balance of any escrow accounts for tenant improvements and lease commissions held by the Company, the amount necessary to pay prorations of taxes, security deposits and amounts which belong to BNP after making the closing adjustments for rent and operating expenses.

  • THE RENT Rent: £0.00 (zero pounds) per calendar month subject to any further provisions within this Tenancy Agreement Payable: each month in advance

  • Fixed Rent (a) Commencing as of the Rent Commencement Date, Tenant shall pay Fixed Rent to Landlord, or Landlord’s designee as designated in a written notice to Tenant at such address as Landlord shall from time to time designate by written notice to Tenant. Except as hereinafter provided, the Fixed Rent shall be due and payable in the amounts set forth on Schedule 2 hereto for the respective periods shown on such Schedule 2. Fixed Rent shall be due and payable in advance on the first day of each month (or if such first day is not a business day, the first business day of each month), commencing on the Date of Rent Commencement, during the Term (each such date being referred to herein as a “Due Date”). Notwithstanding the foregoing, from the Date of Rent Commencement until Tenant is notified otherwise by Landlord and Lender, Fixed Rent shall be paid by wire transfer to the account specified in the rent direction letter from Landlord to Tenant delivered concurrently with the execution and delivery of this Lease. (b) If the Lease Commencement Date or Rent Commencement Date shall be on any day other than the first day of a calendar month, then all amounts to be paid on such dates shall be prorated on a per diem basis. (c) If any installment of Fixed Rent is not paid on the respective Due Date, Tenant shall pay Landlord interest on such overdue payment at the Lease Default Rate, accruing from the Due Date of such payment until the same is paid; provided, however, the foregoing obligation to pay the Default Rate shall not be required for the first late payment of Fixed Rent in any calendar year so long as such delay in payment does not continue for longer than a period of ten (10) days. All Fixed Rent and Additional Rent shall be payable in U.S. Dollars. (d) Commencing as of the Lease Commencement Date, all taxes, costs, expenses, and other amounts which Tenant is required to pay pursuant to this Lease (other than Fixed Rent), together with every fine, penalty, interest and cost which may be added in accordance herewith for non-payment or late payment thereof shall constitute additional rent (“Additional Rent”). All Additional Rent due to Landlord (or its designee) shall be paid directly by Tenant within thirty (30) days after Landlord gives written notice that payment is due, unless otherwise provided in this Lease, in which case, the Additional Rent shall be paid as otherwise so provided. Unless otherwise provided herein, Additional Rent payable by Tenant to a third (3rd) party (i.e., utility charges, maintenance contracts, supply contracts, vendor contracts, etc.) shall be paid as and when the same shall be due and payable pursuant to Tenant’s agreement or other arrangement with the applicable third (3rd) party. If Tenant shall fail to pay any such Additional Rent or any other sum due hereunder when the same shall become due (after the expiration of the applicable cure periods therefor), Landlord shall have all rights, powers and remedies with respect thereto as are provided herein or by Law in the case of non-payment of any Fixed Rent and shall, except as expressly provided herein, have the right (after the expiration of the applicable cure periods thereof), not sooner than ten (10) days after notice to Tenant (except in the event of an emergency, as reasonably determined by Landlord, in which case prior notice shall not be necessary) of its intent to do so, to pay the same on behalf of Tenant, and Tenant shall repay such amounts to Landlord on demand. Tenant shall pay to Landlord interest at the Lease Default Rate on all overdue Additional Rent and other sums due hereunder, in each case paid by Landlord or Lender on behalf of Tenant, from the date of payment by Landlord or Lender until repaid by Tenant.