Rent and Rent Adjustments. 4.1 The monthly rent and advance service charges are composed of the following items: Offices + labs INF 584 735.13 m² Ground floor Offices + labs INF 584, 448.40 m² 2nd floor Plus 6% pro rata share of communal space and areas used by all tenants: 71.01 m² Rental area: 1,254.54 m² à 13.17 € = 16,522.29 € Compressor room INF 584, Basement 20.93 m² à 13.17 € = 275.65 € Storage space INF 583, 1st floor 12.90 m² à 13.17 € = 169.89 € Underground parking spaces 35 à 60.00 € = 2,100.00 € Outside parking spaces 4 à 40.00 € = 160.00 € Advance running costs and service charges, currently: 1,288.37 m² à 5.09 € = 6,557.80 € Subtotal: 25,785.63 € Value added tax, currently 19 % 4,899.27 € Total per month 30,684.90 €
Rent and Rent Adjustments on 4.1 As of December 01, 2013 the monthly rent is: 1,461.41 m² Office and laboratory space € 13.17 € 19,246.77 20.93 m² Compressor room INF 584, basement € 13.17 € 275.65 12.90 m² Storage space INF 583, 1st floor € 13.17 € 169.89 35 Underground parking spaces € 60.00 € 2,100.00 4 Outside parking spaces € 40.00 € 160.00 1495.24 m² Advance running costs and service charges € 5.09 € 7,610.77 Subtotal € 29,563.08 Value added tax (currently 19%) € 5,616.99 Total per month € 35,180.07
Rent and Rent Adjustments. XXXXXX agrees to pay LESSOR at the initial monthly rental sum of One thousand five hundred ninety-five Dollars ($1,595.00) plus any applicable State sales tax, with the first of said monthly rental payments becoming due and payable on the Commencement Date of this Lease as defined herein, and all subsequent monthly rental payments being due and payable on or before the 1st day of each and every month thereafter, but in no event payable later than the 10th day of each and every month thereafter. XXXXXX acknowledges and agrees that if and to the extent the total lease payments collected form occupancy of the premises by XXXXXX and other tenants exceeds XXXXXX’S direct costs for operation and maintenance of the premises, then such excess funds shall be applied solely by LESSOR toward the future operation, maintenance, repair and needed capital improvements to the premises. XXXXXX acknowledges and agrees that any future rent adjustments shall be applied uniformly to all tenants occupying the premises and shall take into account any then accumulated reserves resulting from XXXXXX’S receipt of prior lease payments from LESSEE and other tenants. XXXXXX further acknowledges and agrees that the adoption or modification of any building rules and regulations shall be applied uniformly to all tenants occupying the premises.
Rent and Rent Adjustments. Initial rents and subsequent rent adjustments are subject to City Approval.
Rent and Rent Adjustments. The Tenant agrees to pay to the Landlord a monthly rent of One Thousand Two Hundred Fifty Dollars ($1,250.00) beginning on January 1, 1995 and continuing on the first day of each and every month thereafter during the initial term. Rent during any renewal term shall be at a rate to be agreed upon by the parties.
Rent and Rent Adjustments. (S)7 The annual rent payable for the leased premises and agreed upon by the parties amounts to DKK 1,144.86 per sq.x. xxxxx (inclusive of land tax as at January 1, 1997), cf. (S)1 of the present Science Park lease, thus totaling DKK 226.560,00 annually, compare with allonge. The rent shall be payable in advance in quarterly installments on each January 1, April 1, July 1 and October 1. Upon taking possession of the leased premises THE SCIENCE PARK LESSEE shall pay DKK 56,640,00 for the period 1st of April 1997 until 30th of June 1997. Henceforth rent shall be payable for the first time on 1st of July 1997 for the period 1st of July 1997 until 30th of September 1997. The annual rent shall be linked to the net price index in proportion to the gross floorage under the lease as follows: The above annual rent is fixed in accordance with the net price index as at October 1, 1996, cf. Executive Order no. 529 of July 10, 1995. In the event that the net price index is discontinued or subjected to material changes, which makes it an inappropriate measure, or if it becomes customary to use other indexes or adjustment rnechanisms which are adopted for use by a considerable part of the market, SYMBION too shall be entitled to use a different index or adjustment mechanism. Adjustment shall be made of the rent less such part of it as is calculated to account for the local land tax, cf. paragraph 1 above. The rent of the previous year shall be adjusted by 100% of the calculated increase in the net price index. The annual increase shall constitute a minimum of 3% of the annual rent (exclusive of increases in local land tax) which applies at the time of the net price index adjustment. The 3% increase or the net price index adjustment shall take place once a year, on January 1, based upon the October net price index. The first adjustment, which will be made on January 1, 1998, shall be based upon the difference between the 1996 October net price index and the 1997 October net price index (cf. also annex 1 of the present lease). Concurrent with the rent adjustment a similar adjustment of the deposit shall be effected, cf. below. SYMBION shall further be entitled to claim any other possible rent increase obtainable under the current Danish rent legislation.
Rent and Rent Adjustments
