Rental Provisions. (a) The Lessee shall pay Base Rent to the Agency, without demand or notice, on the Commencement Date in the amount of $1.00 (receipt of which is acknowledged by the Agency), which shall constitute the entire amount of Base Rent payable hereunder.
(b) Throughout the Term, the Lessee shall pay to the Agency (except as otherwise provided in Section 5.1) any additional amounts required to be paid by the Lessee to or for the account of the Agency hereunder, and any such additional amounts shall be paid as, and shall represent payment of, Additional Rent.
(c) In the event the Lessee should fail to make or cause to be made any Rental Payment, the item or installment not so paid shall continue as an obligation of the Lessee until the amount not so paid has been paid in full, together with interest thereon from the date due at the applicable interest rate stated in this Agreement where so provided, or if not so provided, at twelve percent (12%) per annum, compounded daily.
Rental Provisions. All of the provisions of the Rental Agreement, of which these Rules and Regulations are a part, apply to your occupancy and use of your storage Space and your access to this Facility.
Rental Provisions. (a) The Lessee shall pay Base Rent to the Agency, without demand or notice, on the Commencement Date in the amount of $1.00 (receipt of which is acknowledged by the Agency), which shall constitute the entire amount of Base Rent payable hereunder.
(b) Throughout the Term, the Lessee shall pay to the Agency any additional amounts required to be paid by the Lessee to or for the account of the Agency hereunder, and any such additional amounts shall be paid as, and shall represent payment of, Additional Rent.
(c) In the event the Lessee should fail to make or cause to be made any Rental Payment, the item or installment not so paid shall continue as an obligation of the Lessee until the amount not so paid has been paid in full, together with interest thereon from the date due at the applicable interest rate stated in this Agreement where so provided, or if not so provided, at twelve percent (12%) per annum, compounded daily.
Rental Provisions. For and during the Primary Term, the Company will pay to the Board not less than the following basic rental (herein called "Basic Rent") for use and occupancy of the Project:
(a) On or before the 20th day of each month beginning May 20, 1965, an amount equal to one sixth (1/6) of the interest becoming due on all outstanding Bonds on the next succeeding interest payment date, and;
(b) On October 20, 1965 and on each April 20 and October 20, thereafter, an amount equal to the principal of the outstanding Bonds due and payable on the then next succeeding semiannual principal payment date. All Basic Rent payments shall be made directly to the Trustee, or to its successor as Trustee under the Mortgage, for the account of the Board and shall be deposited in the Bond and Interest Fund established under the Mortgage. The monthly and semiannual installment of Basic Rent shall continue until the amount in the Bond and Interest Fund shall have become sufficient to pay in full the principal of (including redemption premium), and interest on all outstanding Bonds either at maturity or on earlier redemption. Any payment of Basic Rent due hereunder that is not made within ten (10) days of the due date thereof shall bear interest from that date until paid at the rate of 6% per annum. The Company will also pay, as additional rental, the reasonable fees, charges and expenses of the Trustee under the Mortgage (other than the initial fee or charge of the Trustee) and of the paying agents for the Bonds, such fees, charges and reimbursement for expenses to be paid directly to the Trustee and such paying agents for their own account as and when such fees, charges and expenses become due and payable.
Rental Provisions. All of the provisions of the Rental Agreement, of which these Rules and Regulations are a part, apply to
Rental Provisions. 5 3.1 Lease ............................................................ 5 3.2
Rental Provisions. The customer undertakes to use rental equipment only for the purpose for which it is designed and in a fashion which preserves its integrity. The customer agrees to return the equipment in a condition comparable to that at the rental date, and do so by the return date stated in the rental contract. In the event that any item of equipment is not returned by 12 (noon) of the return date, the customer agrees to pay the relevant rental cost until the item is returned. In the event that any item of equipment is returned in a reduced condition from that at the rental date, the customer agrees to pay the cost of returning it to its condition at the rental date or the cost of replacing the item (whichever is less).
Rental Provisions. Sublessee hereby agrees and assumes all lease terms and conditions set forth in that certain lease agreement between Xxxx McAfee Companies and Sobrato Investment Partnership (the "Lease") dated September 1, 1999, attached hereto as Exhibit A. ---------
Rental Provisions. (A) Landlord’s failure during the term of this Lease to prepare and deliver any of the tax bills, statements, notices or bills referred to in the above mentioned articles, or Landlord’s failure to demand payment of Additional Rent provided for hereunder, shall not in any way cause Landlord to forfeit or surrender its right to collect any Additional Rent which may have become due during the term of this Lease. However, if Landlord fails to notify Tenant within ninety (90) days after the expiration of this Lease or any extended term, no such Additional Rent shall be due.
(B) As used herein, the term “rent” or “Rent” shall mean all sums payable by Tenant to Landlord hereunder. All sums payable hereunder shall be net to the Landlord. Tenant shall reimburse Landlord for the full amount of any sales, use or other tax charge (excepting income tax) that may be payable by or chargeable to Landlord upon or with respect to the rent paid by Tenant or received by Landlord hereunder; so that the rent payable by Tenant shall be received by Landlord net of any taxes other than Landlord’s income tax. At the end of any period for which such tax may be levied, Landlord shall notify Tenant in writing of the amount of such tax to be reimbursed by Tenant; and Tenant shall pay such amount to Landlord within thirty (30) days after receipt of such written notice.
