Rent and Escalation. Commencing on June 10, 2018, the rent payable from Tenant to Landlord under the Lease is hereby decreased to Eighteen Thousand and No/100 Dollars ($18,000.00) per year (the “Rent”). Commencing on June 10, 2019 and on each successive annual anniversary thereof, Rent due under the Lease shall increase by an amount equal to three percent (3%) of the then current Rent. In the event of any overpayment of Rent prior to or after the Effective Date, Tenant shall have the right to deduct from any future Rent payments an amount equal to the overpayment amount. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid by Tenant to Landlord under the Lease and this Amendment shall be paid to the Village of Grafton. The escalations in this Section shall be the only escalations to the Rent and any/all rental escalations otherwise contained in the Lease are hereby null and void and of no further force and effect.
Rent and Escalation. The Parties hereby acknowledge and agree that all applicable increases and escalations to the rental payments under the Lease (the “Rent”) shall continue in full force and effect through the New Renewal Term(s). In the event of any overpayment of Rent or Collocation Fee (as defined below) prior to or after the Effective Date, Tenant shall have the right to deduct from any future Rent payments an amount equal to the overpayment amount. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid to Landlord under the Lease shall be paid to TOWN OF ROCHESTER NY by Tenant. Provided, however, in the event that any current sublessee, licensee or any other collocator of Tenant is paying said Rent or any other payments to Town of Rochester directly as of the Effective Date of the Amendment, Tenant shall not be obligated to make such payments to Town of Rochester.
Rent and Escalation. Commencing with the second rental payment due following the Effective Date, the rent payable from Tenant to Landlord is hereby reduced to Seven Hundred Twenty-Six and No/100 Dollars ($726.00) per month (the “Rent”). The Parties hereby acknowledge and agree that all applicable increases and escalations to the Rent shall continue in full force and effect through the term of the Lease, as amended hereby. In the event of any overpayment of Rent or Collocation Fee (as defined below) prior to or after the Effective Date, Tenant shall have the right to deduct from any future Rent payments an amount equal to the overpayment amount. In the event Tenant enters into any new sublease, license or other collocation agreement for the use of any portion of the Leased Premises subsequent to the Effective Date (any such agreement, the “Collocation Agreement”), then commencing on the first day of the month following the commencement of the first Collocation Agreement, the monthly Rent shall be subject to a one-time increase of an amount equal to Seven Hundred Twenty-Six and No/100 Dollars ($726.00), and such one-time increase shall remain in effect for the remainder of the term of the Lease, as amended hereby . This one-time increase shall be in addition to any otherwise scheduled increases and escalations, namely the escalation stated in Section 3 of the First Amendment. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid by Tenant to Landlord under the Lease and this Amendment shall be paid to City of Green Bay WI. The escalations in this Section shall be the only escalations to the Rent and any/all rental escalations otherwise contained in the Lease are hereby null and void and are of no further force and effect.
Rent and Escalation. The Parties hereby acknowledge and agree that, commencing with the first rental payment due following the Effective Date, the rent payable from Lessee to Lessor under the Lease is hereby increased to Eight Thousand Four Hundred and No/100 Dollars ($8,400.00) per year (payable in increments of Seven Hundred and No/100 Dollars ($700) per month). Commencing on April 4, 2024, and on each successive annual anniversary thereof, Rent due under the Lease, as amended herein, shall increase by an amount equal to Three Percent (3%) of the then current Rent. In the event of any overpayment of Rent or Installation Fee (as defined below), prior to or after the Effective Date, Lessee shall have the right to deduct from any future Rent payments an amount equal to the overpayment amount. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid to Lessor under the Lease shall be paid to Hamburg Township by Xxxxxx.
Rent and Escalation. The Parties hereby acknowledge and agree that all applicable increases and escalations to the rental payments under the Lease (the “Rent”) shall continue in full force and effect through the New Renewal Term(s). In the event of any overpayment of Rent prior to or after the Effective Date, Tenant shall have the right to deduct from any future Rent payments an amount equal to the overpayment amount. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid to Landlord under the Lease shall be paid by Tenant to Upper Dublin Township PA. Provided, however, in the event that any current sublessee, licensee or any other collocator of Tenant is paying said Rent or any other payments to Upper Dublin Township PA directly as of the Effective Date of the Amendment, Tenant shall not be obligated to make such payments to Upper Dublin Township PA.
Rent and Escalation. Commencing on October 26, 2019, the rent payable from Tenant to Landlord under the Lease is hereby increased to Two Thousand Four Hundred Three and 99/100 Dollars ($2,403.99) per month (the “Rent”). Commencing on October 26, 2020 and on each successive annual anniversary thereof, Rent due under the Lease shall increase by an amount equal to three percent (3%) of the then current Rent. In the event of any overpayment of Rent or Collocation Fee (as defined below) prior to or after the Effective Date, Tenant shall have the right to deduct from any future Rent payments an amount equal to the overpayment amount. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid by Tenant to Landlord under the Lease and this Amendment shall be paid to the City of Lockport. The escalations in this Section shall be the only escalations to the Rent and any/all rental escalations otherwise contained in the Lease are hereby null and void and are of no further force and effect.
Rent and Escalation a) Yielding and paying therefore during the term of this extension, commencing on the 1st day of February, 2021 the sum of THIRTY THOUSAND, FIVE HUNDRED AND FIFTY-EIGHT DOLLARS AND FOURTY-EIGHT CENTS ($30,558.48) per annum payable at the rate of TWO THOUSAND, FIVE HUNDRED AND FOURTY-SIX DOLLARS AND FIFTY-FOUR CENTS ($2,546.54) per month of lawful money of Canada, monthly, at the beginning of every month of the term together with applicable HST which shall be paid in addition to the monthly rent.
Rent and Escalation. Commencing on September 1, 2018, the rent payable from Tenant to Landlord under the Lease is hereby increased to Two Thousand Seven Eight Hundred and Three Thirty-Eight and 0723/100 Dollars ($2,703838.0723) per month (the “Rent”). Commencing on September 1, 2019 and on each successive annual anniversary thereof, Rent due under the Lease shall increase by an amount equal to three percent (3%) of the then current Rent. In the event of any overpayment of Rent or Collocation Fee (as defined below) prior to or after the Effective Date, Tenant shall have the right to deduct from any future Rent payments an amount equal to the overpayment amount. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid by Tenant to Landlord under the Lease and this Amendment shall be paid to the Town of Morrisville, North Carolina. The escalations in this Section shall be the only escalations to the Rent and any/all rental escalations otherwise contained in the Lease are hereby null and void and of no further force and effect.
Rent and Escalation. Commencing with the first rental payment due following the Effective Date, the rent payable from Tenant to Landlord under the Lease is hereby increased to One Thousand Four Hundred and No/100 Dollars ($1,400.00) per month (the “Rent”). Commencing on November 1, 2019 and on the beginning of each Renewal Term thereafter, Rent due under the Lease, as modified by this Amendment, shall increase by an amount equal to Two Hundred Dollars and No/100 ($200.00) of the then current Rent. In the event of any overpayment of Rent or Collocation Fee (as defined below) prior to or after the Effective Date, Tenant shall have the right to deduct from any future Rent payments an amount equal to the overpayment amount. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid by Tenant to Landlord under the Lease and this Amendment shall be paid to City of Lockport. The escalations in this Section shall be the only escalations to the Rent and any/all rental escalations otherwise contained in the Lease are hereby null and void and are of no further force and effect.
Rent and Escalation. Commencing with the third rental payment due following the Effective Date, the rent payable from Tenant to Landlord under the Lease is hereby increased to One Thousand Five ($1,500.00 Hundred and No/100 Dollars ) per month (the “Rent”). Commencing on July 1, 2018 and on Formatted: Font: Bold, Highlight each successive annual anniversary thereof, Rent due under the Lease shall increase by an amount equal to three percent (3%) of the then current Rent. Notwithstanding anything to the contrary contained in the Lease, all Rent and any other payments expressly required to be paid by Tenant to Landlord under the Lease and this Amendment shall be paid to CITY OF XXXXXXXXXX HILLS. The Landlord hereby agrees the Rent and Collocation Fee (as defined below) described in this Amendment is the only consideration owed to Landlord from Tenant and/or American Tower pursuant to the Lease, as amended, or anything other agreements between Landlord and Tenant, or Landlord and American Tower, as the case may be.
