Rent During Term Sample Clauses

Rent During Term. Lessee agrees to pay to Lessor an annual net minimum rent ("Minimum Rent") equal to One Dollar ($1.00) per annum. The Minimum Rent has been paid by Lessee to Lessor in advance in a lump sum payment of Ninety-Nine Dollars ($99.00), receipt of which is hereby acknowledged by Lessor.
Sample 1
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Rent During Term. Landlord reserves and Tenant covenants to pay to Landlord during the Term of this Lease without demand or notice, and without any setoff or deduction, a net basic rental (herein called "Basic Rent") in advance on the first day of each and every month, as follows: 4/1/2002 - 3/31/2005 $385,437.50 payable $32,119.79/month 4/1/2005 - 3/31/2007 $423,981.25 payable $35,331.77/month Notwithstanding the above, Tenant shall not be required to pay Basic Rent until the business day following Landlord's delivery of written notice that the Office Work has been substantially completed. Substantially Completed, as used in this Section, is intended to constitute that stage of completion which will permit the Tenant to use the office areas for their intended purpose without any substantial interference by reason of any failure of Landlord to finish punch list items.
Sample 1
Rent During Term. ("BASIC RENT"). Landlord reserves and Tenant covenants to pay to Landlord, without demand or notice, and without any set-off or deduction (except as herein specifically set forth), a basic annual rental (herein the "Basic Rent") of $752,181.85 for each year of the Term of this Lease, payable, in advance, on the first day of each and every month, in monthly installments of $62,681.82. The Basic Rent is calculated at $17.15 per square foot for the office space and $7.00 per square foot for the warehouse space.
Sample 1
Rent During Term. Basic Rent"). Landlord reserves and ------------------------------- Tenant covenants to pay to Landlord, without demand or notice, and without any set-off or deduction, a net basic rental therein the "Basic Rent" of For the period of April 1, 1990-March 31, 2000 annual base rental shall be ONE HUNDRED SIXTY TWO THOUSAND DOLLARS ($162,000.00) payable in equal monthly payments of THIRTEEN THOUSAND FIVE HUNDRED DOLLARS ($13,500.00).*
Sample 1
Rent During Term. Tenant covenants and agrees to pay to Landlord for the use and occupancy of the Premises during the Term the following monthly amount during each year of the Initial Term: Years 1 through 5—$3.42 per square foot/year Years 6 through 10—$3.75 per square foot/year
Sample 1
Rent During Term. Subject to the terms of this Lease Agreement, Tenant ---------------- agrees to pay the Landlord rent for the Leased Premises, as follows:
Sample 1
Rent During Term. The Base Rent payable by Tenant during the Term shall be increased annually by the increase if any, in the Consumer Price Index for All Urban Consumers (Los Angeles - Long Beach - Anaheim), "All Items," which is compiled and published by the United States Department of Labor, Bureau of Labor Statistics or any successor agency. During the term of the Agreement, the monthly rent payable under paragraph 3.1 shall be adjusted by the change, if any, from the Base Month specified below, in the Consumer Price Index of the Bureau of Labor Statistics of the U.S. Department of Labor for CPIU (All Urban Consumers), for Los Angeles - Long Beach - Riverside. All items (1982- 1984=100), herein referred to as "C.P.I." The monthly rent payable in accordance with this paragraph shall be calculated as follows: the Base Rent set forth in paragraph 3.1, shall be multiplied by a fraction the numerator of which shall be the C.P.I. of the calendar month two (2) months prior to the month(s) specified above during which the adjustment is to take effect, and the denominator of which shall be the C.P.I. of the calendar month which is two (2) months prior to the first month of the immediately preceding Lease Year with each year beginning on the anniversary of the Commencement Date. The sum so calculated shall constitute the new monthly rent hereunder, but in no event, shall any such new monthly rent be less than the rent payable for the month immediately preceding the date for rent adjustment. In the event that the Bureau of Labor Statistics, United States Department of Labor, should cease to publish said price index, then any similar index compiled and published by any other branch or department of the United States government shall be used for the purpose of making the foregoing rental adjustment.
Sample 1
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Rent During Term. Landlord reserves and Tenant covenants to pay to Landlord during the Term of this Lease without demand or notice, and without any setoff or deduction, a net basic rental (herein called “Basic Rent”) in advance on the first day of each and every month, as follows: 7/1/99 – 6/30/2004 $370,309.14/yr payable $30,859.10/mo
Sample 1
Rent During Term. For the period beginning on the date of this Lease and terminating on the Rent Commencement Date, Lessee shall pay no Rent. For the period beginning on the Rent Commencement Date and continuing throughout the remainder of the Term, Lessee shall pay one dollar ($1.00) per year, paid in advance on the Rent Commencement Date in one lump sum amount of $55.00 to the Lessor. PRIVATE 4.3 Other Expenses tc \l 2 " 4.3 Other Expenses" . In addition to the Rent as set forth in Section 4.2 hereinabove, Lessee shall pay or cause to be paid all insurance, operating and maintenance expenses associated with the Premises and the Improvements pursuant to the terms of this Lease, but specifically excluding all ad valorem property taxes and possessory interest taxes, assessed against or otherwise imposed with respect to, the Land, the Improvements or the Personal Property ("Other Expenses"). From and after the date hereof, Lessee shall pay or cause to be paid the Other Expenses on or before the date such Other Expenses are due, and under no circumstances shall Lessee be entitled to a credit or other waiver with respect to the Other Expenses. PRIVATE 5. TAXES tc \l 1 " 5. TAXES" . PRIVATE 5.1 Lessor to Pay Taxes tc \l 2 " 5.1 Landlord to Pay Taxes" . Throughout the Term of this Lease, Lessor shall pay, except as otherwise provided in this Lease, all taxes, all ad valorem property taxes, possessory interest taxes, general or special assessments, levies and other charges levied on, assessed against or otherwise imposed with respect to, the Land, the Improvements or the Personal Property, including, without limitation, any possessory interest taxes levied against Lessee with respect to its Leasehold interest created hereby, which may be levied upon or assessed against or become a lien in any manner upon the Premises, or any Improvements, or any Personal Property, or any part thereof, by or according to any law or governmental, legal, political or other authority whatsoever (collectively "Taxes"). PRIVATE 5.2 Other Taxes tc \l 2 " 5.2 Other Taxes" . Lessee shall not be required to pay any income, franchise, estate, inheritance, succession, capital levy or transfer tax assessed against Lessor or any Successor of Lessor, or any income, excess profits or revenue tax or any other similar tax, assessment, charge or levy upon the Rent or other income derived by Lessor or any Successor of Lessor under this Lease.
Sample 1

Related to Rent During Term

  • Term of the Loan All principal, interest and other sums due under the Loan Documents shall be due and payable in full on the Maturity Date.

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Original Term The weighted average original term for the Receivables is at least 65 months.

  • Sublease Term The term of the Sublease (“Sublease Term”) commences on the later to occur of (1) Sublandlord’s receipt of Prime Landlord’s written consent to this Sublease, and (2) October 1, 2009 (“Sublease Commencement Date”); and expires on January 28, 2018 (“Sublease Expiration Date”; i.e., the day prior to the Termination Date pursuant to the Prime Lease). Sublandlord shall deliver the Subleased Premises “broom clean” and free of all of Sublandlord’s personal property (other than the F&F (defined in Section 2(f))) and debris, but otherwise in “AS IS, WHERE IS” condition on the Sublease Commencement Date; provided that Subtenant shall not be responsible for, or required to remedy, any violation of any applicable law, or any condition or state of facts, with respect to the Subleased Premises, the Building or the Land existing on or prior to the Sublease Commencement Date. Sublandlord is not required to perform any work to prepare the Subleased Premises for Subtenant’s intended use. If (i) for any reason Sublandlord has not received Prime Landlord’s written consent to this Sublease in form required by Section 15(i) below by the date which is sixty (60) days from the date hereof, or (ii) Prime Landlord elects to terminate the Prime Lease in respect of the Subleased Premises pursuant to Prime Landlord’s recapture right set forth in Section 16.5 of the Prime Lease, then in the case of (i), then Sublandlord and Subtenant each may elect at any time thereafter to terminate this Sublease by written notice to the other, whereupon the parties shall deem this Sublease to be null and void and of no effect (except for those provisions expressly stated herein to survive a termination), and in the case of (ii) the Sublease will be deemed terminated in accordance with Section 16.5 of the Prime Lease.

  • Extension Term Provided Lessee is not in default in the performance of any term or condition of this Lease, Lessee shall have the option to extend this Lease for two (2) additional terms of five (5) years per term, commencing with the expiration of the first or additional term, upon the following conditions:

  • Lease Period The lease period of the Finance Lease Agreement I is 36 months, which commenced on October 28, 2022. The lease period of the Finance Lease Agreement II is 36 months, which shall commence on July 31, 2023.

  • Extended Term Tenant shall have the option to extend the Term for two (2) consecutive five (5) year periods (the "FIRST EXTENDED TERM" and "SECOND EXTENDED TERM", respectively) on all the terms and conditions contained in this Lease including, without limitation, continuation of the adjustment of the Base Rent on an annual basis as provided in Section 3.3 below (provided only that upon commencement of the First Extended Term the only remaining option to extend the Term shall be the Second Extended Term and upon exercise of the option with respect to the Second Extended Term, no further right to extend the Term shall exist). Tenant shall deliver, if at all, written notice of its exercise of the option ("OPTION NOTICE") to Landlord at least six (6) months but not more than one (1) year before the expiration of the Term or First Extended Term, as the case may be. In the event Tenant fails to deliver the applicable Option Notice within the time allowed, Landlord shall deliver written notice to Tenant of Tenant's failure to deliver the Option Notice, and Tenant shall then have thirty (30) days from receipt of such notice within which to deliver the Option Notice, if at all, to Landlord. In the event (and only in the event) that, Tenant fails to deliver an Option Notice to Landlord within such thirty (30) days, Tenant shall be considered to have elected not to extend the Term of this Lease and thereafter, Tenant shall have no further right to extend the Term of this Lease. References in this Lease to the "Term" shall include the initial Term of fifteen (15) years and shall, in addition, include the First Extended Term and the Second Extended Term, if applicable.

  • Sublease Rent Limitation Anything contained in this Lease to the contrary notwithstanding, Lessee shall not sublet the Leased Property on any basis such that the rental to be paid by the sublessee thereunder would be based, in whole or in part, on either (a) the income or profits derived by the business activities of the sublessee, or (b) any other formula such that any portion of the Rent would fail to qualify as “rents from real property” within the meaning of Section 856(d) of the Code, or any similar or successor provision thereto.

  • Lease Year Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Base Term Commencing on the Expansion Premises Commencement Date, the defined term “Base Term” on page 1 of the Lease is deleted in its entirety and replaced with the following:

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