Rent and Other Considerations. As and for rental hereunder and in consideration for the leasing of the Project Site to the Trustee hereunder, the Trustee shall:
Rent and Other Considerations. As and for rental hereunder and in consideration for the conveyance of the Existing Facilities to the Corporation and the leasing of the New Facilities Real Property to the Corporation hereunder, the Corporation agrees to pay an annual Base Lease Rent of One Dollar ($1.00) and to fulfil its obligations with respect to the Capital Project as provided in the Facilities Agreement. The City acknowledges receipt of annual Base Lease Rent for the entire Base Lease Term of this Base Lease on the date of execution and delivery hereof.
Rent and Other Considerations. A. The Government shall pay the Lessor annual rent, payable in monthly installments in arrears, at the following rates: Firm Term Non Firm Term Annual Rent Annual Rent SHELL RENT1 $55,690.50 $55,690.50 Real Estate Taxes 14,192.50 14,192.50 Tenant Improvements rent2 $4,217.61 $0.00 OPERATING COSTS3 $ 33,654.00 $33,654.00 PARKING5 $ 0.00 $0.00 Total Annual Rent $107,754.61 $103,537.00 1Shell rent (Firm Term) calculation: $9.81 per RSF multiplied by 5677RSF 2The Tenant Improvement Allowance of $19,560.00 is amortized at a rate of 3% percent per annum over 5 years. 3Operating Costs rent calculation: $5.93 per RSF multiplied by 5677 RSF 5Parking costs described under sub-paragraph G below This Lease Amendment contains 1 page. All other terms and conditions of the lease shall remain in force and effect.
Rent and Other Considerations. Xxxxxx, in consideration of the leasing ofthe Leased Premises, covenants and agrees to pay as rent for said Leased Premises, during the term hereof, the sum of $1,858.21 per month for the term set forth in section II below, which shall he due to Lessor on the first of each month. It is the intention of the Lessor and Lessee that all costs, expenses, and obligations of every kind relating to the Lease property (except otherwise specifically provided in this Lease) which may arise or become due during the term of this lease shall be paid by the Lessor and that the Lessee shall be and hereby is indemnified by the Lessor against such costs. expenses and obligations.
