Rent and Other Consideration. The Government shall pay the Lessor annual rent of $[Insert Amount] (note: also state amount in words) at the rate of $[Insert Amount] (note: also state amount in words) per calendar month in arrears. Consideration for a lesser period shall be prorated. Rent shall be paid to Lessor by electronic funds transfer in accordance with the provisions of the General Clauses, GSA Form 3517B, attached hereto and made a part hereof as Exhibit C. Rent shall be payable to the payee designated by the Lessor in the System for Award Management (XXX). If the payee is different from the Lessor, both payee and Lessor must be registered and active in XXX. The Lessor shall provide to the Government, in exchange for the payment of the rental consideration, the following:
Rent and Other Consideration. In consideration for the leasing of the Real Property to the Corporation hereunder, the Corporation agrees (i) to pay to the County the sum of Thirty Dollars and 00/100 ($30.00) on the closing date of the Series 2020 Bonds as a prepayment of the Sub- Base Lease Rent for the term of this Sub-Base Lease and (ii) to fulfill its obligations with respect to the Project Facilities as provided in the Facilities Agreement.
Rent and Other Consideration. (a) Tenant, in consideration of the leasing of the Premises to Tenant by Landlord, hereby covenants and agrees to pay to Landlord the following base rent (hereinafter called the “Base Rent”) as, when and in the manner herein provided and subject to the terms, provisions and conditions herein set forth: Commencing on the execution of this Lease, and during the Term of the Lease, including the Renewal Terms (if Tenant shall elect to extend the Initial Term), Tenant shall pay Base Rent as follows: Annual Base Rent from the Rent Commencement Date and for the first five years of the Initial Term shall be One hundred twenty-five thousand and no/100 dollars ($125,000.00). Beginning with the sixth year from the Rent Commencement Date, and every five years thereafter until termination of this Lease, the annual Base Rent will be adjusted to an amount equal to the product of (a) the annual Base Rent paid during the immediately preceding five-year period and (b) the Consumer Price Index (CPI) for the last month of the immediately preceding five-year period divided by the CPI for July 2007. However, the amount by which the annual Base Rent will be adjusted at the beginning of every sixth year will be limited to the annual Base Rent for the immediately preceding five-year period multiplied by a minimum of 7.5% and a maximum of 11%. The CPI will be calculated using information from the U.S. city average CPI for all items, base period 1982-1984 = 100, series id CUUR0000SA0 (or equivalent series if the series id changes). Rent to be paid in quarterly installments with one quarter of the total annual payment due each quarter. For example, assume the annual Base Rent at the end of the fifth year was $125,000 per year, the CPI for July 2007 was 200, and the CPI for the last month of the fifth year was 216. The annual Base Rent for the next five years would be $135,000 ($125,000 multiplied by 216 divided by 200). If the CPI for the last month of the fifth year was 222, then the maximum increase of 11% would apply, such that the annual Base Rent for the next five years would be $138,750 ($125,000 multiplied by 111%). Base Rent for the first five years of the First Renewal Term (if such option is exercised by Tenant) shall be an amount equal to 8 ½% of appraised fair market value of the Land determined by taking the average of the values established by an MAI appraiser selected by Landlord, an MAI appraiser selected by Tenant, and an MAI appraiser selected by the other two MAI a...
Rent and Other Consideration. (a) On the Effective Date, Lessee shall pre-pay one hundred forty-four (144) months [twelve (12) years] of rent equaling $4,500,000 (Basic Rent) for the Premises to Lessor.
Rent and Other Consideration. The Government shall pay the Lessor annual rent, payable in monthly installments in arrears, at the following rates below. FIRM TERM ANNUAL RENT SHELL RENT $225,033.97 TENANT IMPROVEMENT RENT $39,804.48 OPERATING RENT $41,801.13 TOTAL ANNUAL RENT $306,639.58
Rent and Other Consideration. The Government shall pay the Lessor annual rent of $[Insert Amount] (note: also state amount in words) at the rate of $[Insert Amount] (note: also state amount in words) per calendar month in arrears. Consideration for a lesser period shall be prorated. Rent shall be paid to Lessor by electronic funds transfer in accordance with the provisions of the General Clauses, GSA Form 3517A or B (select one: The threshold is $250k for 3517A), attached hereto and made a part hereof as Exhibit C. Rent shall be payable to the payee designated by the Lessor in the System for Award Management (XXX). If the payee is different from the Lessor, both payee and Lessor must be registered and active in XXX. Annual Monthly Base Rent $ $ Operating Costs $ $ Total $ $ The Lessor shall provide to the Government, in exchange for the payment of the rental consideration, the following:
Rent and Other Consideration. (ON-AIRPORT) (OCT 2017)
Rent and Other Consideration. (SEP 2013) Shell Rental Rate $54,617.64 $10.12 $56,236.74 $10.42 Operating Costs $82,843.95 $15.35 $85,326.57 $15.81 Full Service Rate $137,461.59 $25.47 $141,563.31 $26.25
Rent and Other Consideration. (a) Tenant has paid Landlord as rent for the Term the sum of Sixty and 00/100 Dollars ($60.00) (representing $1.00 per year for each year of the Term), the receipt of which is hereby acknowledged by Landlord.
