Rental Amounts Clause Samples
Rental Amounts. Fixed Rent for the First Lease Year was $4,473,500.00 per annum, payable in equal monthly installments of $372,791.67, subject to Section 3.1.1 above. Without limitation of Section 1.3 above or Section 28 below, each Tenant’s allocable share of Fixed Rent shall be equal to the product of (i) the Tenant’s Proportionate Share for such Tenant set forth on Schedule 2 attached hereto; and (ii) the Fixed Rent due hereunder, as applicable. Commencing upon the commencement of the second Lease Year of the Initial Term the Fixed Rent for such Lease Year was, and upon the commencement of each Lease Year thereafter during the Term the Fixed Rent for such Lease Year shall be, an amount equal to the sum of (x) the Prior Period Fixed Rent applicable to such Lease Year, plus (y) the product of (a) the Prior Period Fixed Rent applicable to such Lease Year and (b) provided the Rent Escalation Condition has been satisfied with respect to such Lease Year, the amount equal to 2.5%; provided, however, the Fixed Rent for the first Lease Year of each Extended Term and the Fixed Rent for each of the other Lease years of the second Extended Term, if applicable, shall be determined as provided in Section 43 below. Notwithstanding anything contained herein to the contrary, if the Rent Escalation Condition fails with respect to any one or more Lease Years, the Fixed Rent determined for the next Lease Year with respect to which the Rent Escalation Condition is satisfied shall be determined as if the Rent Escalation Condition had been satisfied for all previous Lease Years and the Fixed Rent had been escalated pursuant to, and in accordance with, the terms of this Section 3.1.2 for all prior Lease Years (except for the Lease Years in the second Extended Term, which shall be determined as if the Fixed Rent had been escalated pursuant to Section 43.2.2 below). By way of illustration only, if: (A) the Rent Escalation Condition has failed for both the Lease Year commencing as of April 1, 2007 and the Lease Year commencing as of April 1, 2008; but (B) the Rent Escalation Condition is satisfied for the Lease Year commencing as of April 1, 2009, the Fixed Rent for the Lease Year commencing as of April 1, 2009 shall be determined as if the Rent Escalation Condition for the two preceding Lease Years (and all other Lease Years) had been satisfied such that the Fixed Rent for the Lease Year commencing as of April 1, 2009 shall include, and be determined on the basis of, the escalations for all pri...
Rental Amounts. Tenant shall pay to Landlord as minimum rental for the Building, in advance, without deduction, offset, notice or demand, on or before the Rent Commencement Date and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month, subject to adjustment in accordance with the terms of this Section 3.1: If the obligation to pay minimum rental hereunder commences on other than the first day of a calendar month or if the term of this Lease terminates on other than the last day of a calendar month, the minimum rental for such first or last month of the term of this Lease, as the case may be, shall be prorated based on the number of days the term of this Lease is in effect during such month. If an increase in minimum rental becomes effective on a day other than the first day of a calendar month, the minimum rental for that month shall be the sum of the two applicable rates, each prorated for the portion of the month during which such rate is in effect.
Rental Amounts. Tenant shall pay to Landlord as minimum rental for the Premises, in advance, without deduction, offset, notice or demand, on or before the Commencement Date and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month: Months Monthly Minimum Rental ------ ---------------------- 7/01 - 12/01 $ 212,537.52 ($1.560/sq ft) 1/02 - 12/02 261,584.64 ($1.920/sq ft) 1/03 - 12/03 271,121.58 ($1.990/sq ft) 1/04 - 12/04 283,383.36 ($2.080/sq ft) 1/05 - 12/05 479,571.84 ($3.520/sq ft) 1/06 - 12/06 498,781.96 ($3.661/sq ft) 1/07 - 12/07 518,673.29 ($3.807/sq ft) 1/08 - 12/08 539,518.32 ($3.960/sq ft) 1/09 - 12/09 561,044.56 ($4.118/sq ft) 1/10 - 12/10 583,524.49 ($4.283/sq ft) 1/11 - 6/11 606,821.87 ($4.454/sq ft) If the obligation to pay minimum rental hereunder commences on other than the first day of a calendar month or if the term of this Lease terminates on other than the last day of a calendar month, the minimum rental for such first or last month of the term of this Lease, as the case may be, shall be prorated based on the number of days the term of this Lease is in effect during such month. If an increase in minimum rental becomes effective on a day other than the first day of a calendar month, the minimum rental for that month shall be the sum of the two applicable rates, each prorated for the portion of the month during which such rate is in effect.
Rental Amounts. Tenant shall pay to Landlord as minimum rental for the Premises, in advance, without deduction, offset, notice or demand, on or before the Rent Commencement Date and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month (subject to adjustment under Section 3.1(c) below, if applicable): 01 — 12 35,000 $ 3,000 $ 105,000.00 13 — 24 50,000 $ 3,000 $ 150,000.00 25 — 36 65,604 $ 3,070 $ 201,404.28 37 — 48 65,604 $ 3,162 $ 207,446.41 49 — 60 65,604 $ 3,257 $ 213,669.80 61 — 72 65,604 $ 3,355 $ 220,079.89 73 — 84 65,604 $ 3,455 $ 226,682.29 85 — 96 65,604 $ 3,559 $ 233,482.76 97 — 108 65,604 $ 3,666 $ 240,487.24 109 — 120 65,604 $ 3,776 $ 247,701.86 121 — 132 65,604 $ 3,889 $ 255,132.92 If the obligation to pay minimum rental hereunder for the initial term or for any renewal term commences on other than the first day of a calendar month or if the initial term or any renewal term of this Lease terminates on other than the last day of a calendar month, the minimum rental for such first or last month of the applicable initial or renewal term of this Lease, as the case may be, shall be prorated based on the number of days the applicable term of this Lease is in effect during such month. If an increase in minimum rental becomes effective on a day other than the first day of a calendar month, the minimum rental for that month shall be the sum of the two applicable rates, each prorated for the portion of the month during which such rate is in effect.
Rental Amounts. Tenant shall pay to Landlord as minimum rental for the Premises, in advance, without deduction, offset, notice or demand, on or before the Rent Commencement Date and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month (subject to adjustment under Section 3.1(c) below, if applicable): 01 - 12 30,000 $ 3.250 $ 97,500.00 13 - 18 36,000 $ 3.400 $ 122,499.00 19 - 24 45,678 $ 3.400 $ 155,305.00 25 - 36 45,678 $ 3.600 $ 164,441.00 37 - 48 45,678 $ 3.744 $ 171,018.00 49 - 60 45,678 $ 3.894 $ 177,859.00 61 - 72 45,678 $ 4.050 $ 184,974.00 73 - 84 45,678 $ 4.211 $ 192,372.00 If the obligation to pay minimum rental hereunder commences on other than the first day of a calendar month or if the term of this Lease terminates on other than the last day of a calendar month, the minimum rental for such first rental payment month or last month of the term of this Lease, as the case may be, shall be prorated based on the number of days the term of this Lease (from and after the Rent Commencement Date, if applicable) is in effect during such month. If an increase in minimum rental becomes effective on a day other than the first day of a calendar month, the minimum rental for that month shall be the sum of the two applicable rates, each prorated for the portion of the month during which such rate is in effect.
Rental Amounts. During the Primary Period the Lessee shall pay instalments of Primary Rental to the Lessor on each Primary Rental Date and, where applicable, during the Secondary Period instalments of Secondary Rental for the Ship and, throughout the Lease Period, any other Rental in each such case in the amounts, at the times and in the manner provided in the Financial Schedule.
Rental Amounts. Tenant shall pay to Landlord as minimum rental for the respective Buildings or applicable portions thereof, in advance, without deduction, offset (except as specifically authorized under Paragraph 4(c) of the Workletter, if applicable), notice or demand, on or before the applicable Rent Commencement Date for the respective Building and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month (the "Minimum Rental"), subject to adjustment in accordance with the terms of this Section 3.1:
(i) For the Phase IA Building, beginning on the Phase I Rent Commencement Date, an amount equal to the applicable amount per square foot from the following table multiplied by the square footage of the Phase IA Building as determined pursuant to Section 3.1(d): 001 - 012 $4.0500/sq ft 013 - 024 $4.1715/sq ft 025 - 036 $4.2966/sq ft 037 - 048 $4.4255/sq ft 049 - 060 $4.5583/sq ft 061 - 072 $4.6951/sq ft 073 - 084 $4.8359/sq ft 085 - 096 $4.9810/sq ft 097 - 108 $5.1304/sq ft 109 - 120 $5.2843/sq ft 121 - 132 $5.4429/sq ft 133 - 144 $5.6061/sq ft 145 - 156 $5.7743/sq ft 157 - 168 $5.9476/sq ft 169 - 180 $6.1260/sq ft 181 - 192 $6.3098/sq ft ▇▇▇ - ▇▇▇ $▇.▇▇▇▇/▇▇ ▇▇ ▇▇▇ - ▇▇▇ (▇▇ applicable) $6.6940/sq ft 217 and after (if applicable), continued 3.0% annual escalations
(ii) For the Phase IB Building, beginning on the Phase I Rent Commencement Date, an amount equal to the applicable amount per square foot from the following table multiplied by the square footage of the Phase IB Building as determined pursuant to Section 3.1(d): 001 - 012 $4.0500/sq ft 013 - 024 $4.1715/sq ft 025 - 036 $4.2966/sq ft 037 - 048 $4.4255/sq ft 049 - 060 $4.5583/sq ft 061 - 072 $4.6951/sq ft 073 - 084 $4.8359/sq ft 085 - 096 $4.9810/sq ft 097 - 108 $5.1304/sq ft 109 - 120 $5.2843/sq ft 121 - 132 $5.4429/sq ft 133 - 144 $5.6061/sq ft 145 - 156 $5.7743/sq ft 157 - 168 $5.9476/sq ft 169 - 180 $6.1260/sq ft 181 - 192 $6.3098/sq ft ▇▇▇ - ▇▇▇ $▇.▇▇▇▇/▇▇ ▇▇ ▇▇▇ - ▇▇▇ (▇▇ applicable) $6.6940/sq ft 217 and after (if applicable), continued 3.0% annual escalations
(iii) For the Phase II Building, beginning on the Phase IIA Rent Commencement Date (with each successive phase of Tenant's occupancy of the Phase II Building being brought under the following table as of the applicable Rent Commencement Date for such phase at the rental rate determined under the following table by counting from the Phase IIA Rent Commencement Date), an amount equal to...
Rental Amounts. Tenant shall pay to Landlord as minimum rental for the Premises, in advance, without deduction, offset, notice or demand, on or before the Rent Commencement Date and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month: Months Monthly Minimum Rental 001 - 012 $ 33,000.00 (12,000 sq ft @ $2.75/sq ft) 013 - 024 70,446.25 (24,725 sq ft @ $2.85/sq ft) 025 - 030 72,938.75 (24,725 sq ft @ $2.95/sq ft) If the obligation to pay minimum rental hereunder for the initial term or for any extended term commences on other than the first day of a calendar month or if the initial term or any extended term of this Lease terminates on other than the last day of a calendar month, the minimum rental for such first or last month of the applicable initial or extended term of this Lease, as the case may be, shall be prorated based on the number of days the applicable term of this Lease is in effect during such month. If an increase in minimum rental becomes effective on a day other than the first day of a calendar month, the minimum rental for that month shall be the sum of the two applicable rates, each prorated for the portion of the month during which such rate is in effect.
Rental Amounts. 6 (b) Rental Adjustment Due to Change in Square Footage ..... 6
Rental Amounts. All properties list for a rental amount to be determined by the Agent at Agent=s discretion unless a specific minimum rental amount is set by the Owner and listed on the DATA/FEE PAGS (Section