Rent During Initial Term. Rent during the Initial Term shall be in an amount approved by the FAA and equal to the fair market rental value of the Premises and Access Parcel as determined by an appraiser selected by Landlord, with the cost of such appraisal split equally by the Parties, and with such appraisal being performed no more than six (6) months prior to the Effective Date. The Rent shall be paid in thirty (30) equal annual installments of [ ($ )] commencing on the Effective Date and continuing on each subsequent anniversary date of the Effective Date for each of the subsequent Lease Years of the Initial Term thereafter. Beginning on October 1st of the second Lease Year, and annually on each October 1st thereafter, including any Extended Term pursuant to an option to renew or extend the Term, if any, exercised by Tenant under this Lease, the Rent shall be adjusted and increased in accordance with any increase in the annual percentage change for the prior year in the index known on the Effective Date as the "United States Bureau of Labor Statistics Consumer Price Index (“CPI”) for All Urban Consumers," using the July to July report. If the CPI ceases to be published, Landlord shall select an alternative index measuring price increases in its reasonable discretion. In no event shall the Rent decline due to any change in the CPI, and in the event of a decline in the CPI for any applicable annual period, there will be no adjustment to the Rent for that Lease Year.
Rent During Initial Term. Rent during the Initial Term shall be in the total amount of $ and shall be paid in thirty (30) equal annual installments during the Initial Term commencing on the Effective Date and continuing on each subsequent anniversary date of the Effective Date for each subsequent 29 Lease Years thereafter.
Rent During Initial Term. The base rent for the period from April 1, 2000 through March 31, 2001 shall be $394,500. The base rent for the period from April 1, 2001 through March 31, 2002 shall be $473,400. The base rent for the period from April 1, 2002 through March 31, 2005 shall be $552,300 per annum. The Lessee shall pay to the Lessor Base Rent during the term in equal monthly installments one the first day of each month unless the Lessor and Lessee agree to a different payment schedule.
Rent During Initial Term. The annual rent during the first (1) year of the initial term of the Lease shall be Thirty and 05/100 Dollars ($30.05) per square foot of Rentable Area. This amount will be due and payable in equal, consecutive monthly installments on or before the first day of each month.
Rent During Initial Term. (a) Tenant shall pay Landlord, as base rent for the Premises ("Rent") during the Initial Term, a total of $47,250 Commencing on the first day of February 1, 2001, and continuing throughout the Initial Term. Tenant shall pay Rent in advance in equal monthly installments per rent schedule below on or before the fifteenth (15th) day of each calendar month at a location specified from time to time by Landlord in writing.
Rent During Initial Term. Tenant agrees to pay to Landlord as fixed annual rent during the Initial Term, the sum of Forty-Four Thousand One Hundred Dollars ($44,100.00) in equal monthly installments of Three Thousand Six Hundred Seventy-Five Dollars ($3,675.00).
Rent During Initial Term. Paragraph 4 of the Lease is hereby deleted in its entirety and the following substituted in place therefor: "Rent During Initial Term. Tenant agrees to pay to Landlord as fixed annual rent during the Initial Term, the following amounts in accordance with the following schedule: Monthly Installments Lease Period Annual Rent Of Rent ------------ ----------- -------------------- 08/1/88-07/31/89 $44,100.00 $3,675.00 08/1/89-07/31/90 $71,184.96 $5,932.08 08/1/90-12/31/91 $74,420.64 $6,201.72"
Rent During Initial Term. Paragraph 4 of the Lease is hereby deleted in its entirety and the following substituted in place therefor: "Rent During Initial Term. Tenant agrees to pay to Landlord as fixed annual rent during the Initial Term, the following amounts in accordance with the following schedule:
Rent During Initial Term. Notwithstanding any provision contained in the Lease to the contrary, Tenant agrees that the fixed annual rent payable by Tenant to Landlord from January 1, 1995 until the expiration of the Initial Term shall be $160,200.00, payable in equal monthly installments in the amount of $13,350.00.
