RENTAL AMOUNT. Tenant agrees to pay Landlord at such place as Landlord may designate, without prior demand, and without any deduction or setoff whatsoever, a base rent of $100.00 per month, to be received by Landlord on the last day of the month. All rental amounts shall accrue until such time the Company has net income of $50,000. Ten percent (10%) of the net income from Employer's operations before tax shall go towards paying down the accrued rent liability.
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Samples: Utilities Agreement (Teq 1 Corp), Utilities Agreement (Wallin Engines Corp), Utilities Agreement (Wrap N Roll Usa Inc)
RENTAL AMOUNT. Tenant agrees to pay Landlord at such place as Landlord may designate, without prior demand, and without any deduction or setoff whatsoever, a base rent of $100.00 per month, to be received by Landlord on the last day of the month. All If Cxxxx Xxxxxxx, the Landlord, has received any draws from Wrap-N-Roll USA Inc., the Tenant, rental amounts shall accrue will be applied towards the draw amount due until such time the Company has net income of $50,000. Ten percent (10%) of the net income from Employer's operations before tax shall go towards paying down the accrued rent liabilitydraws have been paid back in full.
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RENTAL AMOUNT. Tenant agrees to pay Landlord at such place as Landlord may designate, without prior demand, and without any deduction or setoff whatsoever, a base rent of $100.00 per month, to be received by Landlord on the last day of the month. All rental amounts shall accrue until such time the Company has net income of $50,000. Ten percent (10%) of the net income from Employer's operations before tax shall go towards paying down the accrued rent liabilitymonth beginning October 31, 2001.
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