Rent Additional Rent Sample Clauses
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Rent Additional Rent. (a) The Base Rent and Additional Rent specified in Section 1.1 hereof, and any other charges payable pursuant to this Sublease (the “Rent”) shall be payable by Sublessee to Sublessor at the Mailing Address of Sublessor as of the Rent Commencement Date (or such other place as Sublessor may from time to time designate by notice to Sublessee).
(b) Beginning on the Rent Commencement Date, Base Rent and Additional Rent shall be payable, in advance, on or before the first (1st) day of each and every calendar month during the Term of this Sublease, except that those certain charges, fees, costs and expenses set forth in subsection (c) of “Additional Rent” in Section 1.1 of this Sublease shall be payable prior to the due date set forth on Prime Lessor’s invoice, which invoice Sublessor shall promptly provide to Sublessee upon receipt from Prime Lessor. Promptly after Sublessor and Prime Lessor have made the appropriate adjustments between themselves on account of actual Operating Expenses and real estate taxes, the amounts paid by Sublessee as Sublessee’s Pro Rata Share of such estimated installments (as set forth in Section 1.1) shall be adjusted between Sublessor and Sublessee in accordance with the process set forth in Article 4 of the Prime Lease, as such Article 4 is incorporated herein. The parties’ obligations hereunder to make such adjustments shall survive the expiration or termination of this Sublease.
(c) Base Rent for any partial month shall be paid by Sublessee to Sublessor at such rate on a prorata basis. Other charges payable by Sublessee with respect to a particular accounting period, shall likewise be prorated.
(d) Sublessee shall be responsible for payment to any utility company for any electrical charges assessed pursuant to Section 7.E of the Prime Lease and allocable to the Premises. All Rent and other amounts due under this Sublease shall be made without demand, offset or deduction. Sublessee shall be entitled to all rent abatements set forth in the Prime Lease and attributable to the Term which Sublessor has been granted with respect to the Premises.
Rent Additional Rent. Rent for the term of this Lease shall be payable monthly, on or before the first day of each month, in the amount of DOLLARS AND ZERO CENTS ($ .00), with rent due for any partial month prorated. All such payments shall be made to Landlord at Landlord’s address set forth in paragraph 1 on or before the due date and without demand. Any other amounts due to Landlord under this Lease shall be considered additional rent (“Additional Rent”). Additional Rent shall be due in the form of deduction from severance payments under the Separation Agreement, or, if none, in the form of cash or equivalent from Tenant to Landlord.
Rent Additional Rent. 3.01 During the Term specified in Section 2.01, Tenant agrees to pay to Landlord minimum net rent in monthly installments, calculated as follows:
(a) During the first twelve (12) months following the Commencement Date, the annual minimum net rent shall be $815,650 payable in twelve equal monthly installments. In addition, for the period from the Commencement Date through the last day of the partial calendar month at the beginning of the Term, Tenant shall pay minimum net rent prorated on a daily basis based upon the number of days existing in such partial calendar month calculated in the foregoing manner.
(b) For each succeeding twelve (12) month period (or final partial year) during the Term, the minimum net rental shall be adjusted to an annualized amount equal to the annualized minimum net rental during the preceding twelve (12) month period times multiplied by a fraction, the numerator of which shall be the CPI for the final month of the preceding twelve (12) month period, and the denominator of which shall be the CPI for the first month of the preceding such twelve (12) month period. For purposes hereof, "CPI" shall mean and refer to the Consumer Price Index for All Urban Consumers, U.S. City Average, All Items, 1982-84 = 100, as issued by the Bureau of Labor Statistics, United States Department of Labor. If at any time during the term hereof the United States Bureau of Labor Statistics shall discontinue the issuance of the CPI, then the parties agree to use any other standard, nationally recognized cost of living index then issued and available, which is published by the United States Government, and if no governmental index is then published, then by any generally recognized privately published index of the cost of living. Notwithstanding the foregoing, (i) the adjustment in minimum net rental for any such twelve (12) month period in the term shall not exceed two percent (2%) of the annualized minimum net rental for the previous twelve (12) month period, and (ii) in no event shall the minimum net rent in any succeeding twelve (12) month period be less than that paid during the preceding twelve (12) month period. Additionally, if the adjustment in annualized minimum net rental for any new twelve (12) month period has not been calculated prior to the due date of the monthly installment of minimum net rent for such month, the relevant monthly installment shall be paid based on the prior year's annualized minimum net rent until such time as the new mini...
Rent Additional Rent. Lessee will pay to Lessor the annual sum of $ as Base Rent for the Premises during the first Lease Year. For the second Lease Year and for each succeeding Lease Year, Base Rent will increase by an amount equal to four percent (4%) of the Base Rent in payable in the prior Lease Year. In addition to Base Rent, Lessee will pay to Lessor as Additional Rent an amount equal to product obtained by multiplying the cost of a comparable bedspace in University Housing by the number of bedspaces in the Building that are unoccupied during the Spring semester or Fall semester of the University calendar. For purposes of this Lease, the aggregate of Additional Rent and Base Rent constitutes Rent. Base Rent is payable in full on August 1 of each Lease Year. Additional Rent is payable as accrued and determined, and will be billed on a periodic basis.
Rent Additional Rent. A. The annual rent payable under this lease ("fixed minimum rent") for each successive twelve month period during the term of this lease is as follows:
Rent Additional Rent. INSURANCE AND OTHER CHARGES 4.1 The Annual Fixed Rent .................................................................................................... 13 4.2
Rent Additional Rent. 13 8. RULES AND REGULATIONS AND COMMON AREA.........................16 9. PARKING.......................................................16 10.
Rent Additional Rent. Insurance and Other Charges 8
Rent Additional Rent. To pay on the days and in the manner hereinbefore provided without deduction or set off in Hong Kong Currency the rent and by way of further or additional rent in respect of the Premises: Air-conditioning
Rent Additional Rent. During the Additional Extension Period, annual base rent shall be paid at the rate of $50.35 per rentable square foot ($662,555.65 annually and $55,212.97 monthly), shall otherwise be payable in accordance with the terms of the Sublease, and Subtenant shall continue to pay its proportionate share of any and all additional rent payable by Sublandlord under the Prime Lease, as set forth in Section 5 and 6 of the Sublease, respectively (as previously amended). During the Additional Extension Period, all terms and conditions of the Sublease shall continue to apply to Subtenant except that the provisions of Sections 2 of the Sublease are hereby terminated and are of no further force and effect as of the date hereof.