Rent Reimbursement. On a monthly basis after the Closing, the Buyer will reimburse the Seller for the rent expense (including all triple net charges incident to rent under the lease agreement) at its administrative headquarters in Dallas, Texas through December 31, 2019.
Rent Reimbursement. The payment of Lease Rental Payments under the Lease is intended by the parties hereto to be paid with Revenues. If the Revenues are not sufficient to pay any Lease Rental Payment under the Lease, the County shall pay a Sublease Payment, on the same date and in an amount required for the payment of such Lease Rental Payment. The Sublease Payments during the Sublease Term will be absolute and unconditional in all events and will not be subject to any set-off, defense, counterclaim or recoupment for any reason whatsoever (other than the payment of Reimbursement Payments under the terms of this Sublease).
Rent Reimbursement. In the event the release of the Operating Company from liability for all but the fourth floor of the Markham office facility contemplated in Section 6.7 has not been obtained as of the Closing Date, then from and after the Closing Date until the earlier of (i) the receipt from the lessor such a release of the Operating Company or (ii) expiration of the current term of the Markham Facility Lease on October 31, 2009, Seller or Parent shall reimburse the Operating Company for all costs actually incurred by it under the current Markham Facility Lease in excess of the cost of its occupancy of the fourth floor. For purposes hereof, such reimbursable costs (the “Excess Costs”) shall mean the total amount payable by the Operating Company under the then current Markham lease minus the total costs associated with occupancy of the fourth floor and minus all amounts received by the Operating Company from any and all sublessees or assignees of any part of the leased premises. For illustrative purposes only, Schedule 11.2 sets forth an example of the Excess Costs for the month of May, 2006. Excess Costs will be determined and invoiced by the Operating Company and paid by Seller or Parent within 30 days of their receipt of the invoice. All relevant leasing records shall be made available to Seller upon its request to verify any such invoices. The Operating Company shall not sublease any space at the Markham facility without the prior written consent of Parent. Seller or its designees shall have the ongoing right to seek subtenants for any vacant space under the lease, and Purchaser shall cause the Operating Company to extend its reasonable cooperation with any such efforts to sublease vacant space. If the Operating Company or Parent are able to obtain a reduction in the rent and/or fees charged by the Landlord under the Markham Facility Lease, the Operating Company and Parent will share in such reduction on a pro rata basis. The Operating Company shall use commercially reasonable efforts to enforce its rights under any sublease.
Rent Reimbursement. Viisage covenants and agrees to pay Xxx for ------------------ Viisage's Share (as hereinafter defined) of the rent payable by Xxx under Section 4 of the Lease (the "Basic Rental Reimbursement"). Payment shall be made on a timely basis to enable Xxx to satisfy its financial obligations under the Lease. For purposes of this Agreement, "Viisage's Share" shall equal 16.67
Rent Reimbursement. Lessee shall pay Base Rent and Operating Expenses for all of the Premises, including the Delayed Premises, as set forth in the Lease, however, provided the conditions set forth herein are met, Lessor shall pay back to Lessee One Hundred Fifty Seven and 11/100 ($157.11) per day for each day the Current Tenant occupies the Delayed Premises beginning August 1, 1999 ("Rent Reimbursement"), which constitutes rent and operating expenses for the Delayed Premises on a per diem basis. Said Rent Reimbursement shall be paid by Lessor to Lessee at the addresses set forth in the Lease as follows:
Rent Reimbursement. First Security shall reimburse the Executive for reasonable expenses incurred in connection with renting housing accommodations in Chattanooga, Tennessee for a nine-month period from the commencement of Executive’s employment.
Rent Reimbursement. (a) The Rent and Charges described in Section 4 of the Lease Deed shall be payable in advance on or before the tenth (10”) day of each calendar month during the term of this Lease.
Rent Reimbursement. On a monthly basis after the First Closing, the Buyer will reimburse the Seller for the rent expense in respect of the 17th floor lease at its administrative headquarters through December 31, 2018.
Rent Reimbursement. Notwithstanding the foregoing, commencing February 1, 2009 and continuing to the end of the term of this Sublease, monthly Base Rent shall be increased each month by $2,119.11 in accordance with the calculation reflected on Schedule “C” attached hereto and made a part hereof. Commencing February 1, 2009, the total amount of monthly Base Rent otherwise payable in accordance with Schedule “A” shall be increased by the said sum of $2,119.11 and the total thereof shall constitute the monthly Base Rent for the remainder of the Term.
Rent Reimbursement. Upon the execution of this Lease, Tenant agrees to remit to Landlord, as nonrefundable base rent, the sum of $20,500.00 for the term.
