Rental Security Deposit. Tenant agrees to pay to Landlord as "Basic Monthly Rental" for the Premises the following sums: Lease Years Annual Basic Rental/Sq. Ft. Annual Basic Rental Monthly Basic Rental Rent Commencement Date through Lease Year 5 $50.00 $14,170,800.00 $1,180,900.00 Lease Years 6 through 10 $55.00 $15,587,880.00 $1,298,990.00 Lease Years 11 through the Expiration Date $60.00 $17,004,960.00 $1,417,080.00
Rental Security Deposit. (a) Tenant agrees to pay to Landlord as Basic Monthly Rental for the Premises the sum specified in Paragraph J of the Summary of Lease Terms. Notwithstanding the foregoing, Tenant shall have no obligation to pay the portion of the Basic Monthly Rental allocable to the Mezzanine Space ($6,195 per month) during the period from the Commencement Date through October 31, 1997; during such period, the Basic Monthly Rental shall be $14,802.
(b) Basic Monthly Rental shall be paid to Landlord, in advance, on or before the first day of each and every successive calendar month during the term hereof. In the event the term of this Lease commences on a day other than the first day of a calendar month, or ends on a day other than the last day of a calendar month, then the Basic Monthly Rental for the first and/or last fractional months of the term shall be
Rental Security Deposit. A. Subject to adjustment as hereinbelow provided, Tenant agrees to and shall pay to Landlord, without notice, demand, offset or deduction, rental each month over the Term for the Demised Premises as set forth below:
Rental Security Deposit. (a) Beginning on the Suite 420 Commencement Date and continuing through the day prior to the Commencement Date, Tenant agrees to pay to Landlord as Basic Monthly Rental for the Suite 420 Premises the amount of $64,211.33 per month. Beginning on the Commencement Date, Tenant agrees to pay to Landlord as Basic Monthly Rental for the Premises the sums specified in Paragraph I of the Summary of Lease Terms. For purposes of Rent adjustment under this Lease, the number of months is measured from the Commencement Date. Notwithstanding the foregoing, in the event that the Suite 420 Commencement Date does not precede the Commencement Date, then from the Commencement Date until the day immediately prior to the Suite 420 Commencement Date, Basic Monthly Rental for the Suites 310/410 Premises shall be the amount of $106,400.67 per month, and beginning on the Suite 420 Commencement Date Basic Monthly Rental shall be as specified in Paragraph I of the Summary of Lease Terms.
(b) Basic Monthly Rental shall be paid to Landlord, in advance, on or before the first day of each and every successive calendar month during the term hereof. In the event the term of this Lease commences on a day other than the first day of a calendar month, or ends on a day other than the last day of a calendar month, then the Basic Monthly Rental for the first and/or last fractional months of the term shall be appropriately prorated. All such prorations shall be made on the basis of a 360-day year consisting of twelve 30-day months.
(c) Rental shall be paid to Landlord without notice, demand, deduction or offset in lawful money of the United States in immediately available funds or by good check as described below at the office of Landlord at Landlord’s address for notices specified in the Summary of Lease Terms, or to such other person or at such other place as Landlord from time to time may designate in writing. Payments made by check must be drawn either on a California financial institution or on a financial institution that is a member of the federal reserve system. All amounts of Rental, if not paid when due, shall bear interest from the due date until paid at an annual rate of interest (the “Interest Rate”) equal to the lesser of (i) the maximum annual interest rate allowed by law on such due date for business loans (not primarily for personal, family or household purposes) not exempt from the usury law, or (ii) a rate equal to the sum of five (5) percentage points over the publicly announ...
Rental Security Deposit. Lessee agrees to provide Agent with a rental security deposit equal to
Rental Security Deposit. On commencement of the lease, the Vendor will provide to the Company a rental security deposit equivalent to two (2) months’ rental or based on the corresponding leaseback period at one (1) month per year of rental.
Rental Security Deposit. No security deposit or other rent prepayment is due and payable pursuant to the terms of this Lease.
Rental Security Deposit. Xxxxxx agrees to provide Agent with a rental security deposit equal to $ (the “Rental Security Deposit”) at the time the Final Rent Payment is made. The Rental Security Deposit shall be used solely for the purposes, and in accordance with, Paragraph 19 of Exhibit A (Additional Terms and Conditions) hereto. The Rental Security Deposit shall not constitute a limit on liability of Lessee.
Rental Security Deposit. A security deposit of two hundred fifty dollars ($250.00) will be collected from the renter and held until the games are picked-up and confirmed to be in the same condition they were delivered. This security deposit will be used to repair any damage outside of normal wear and tear should it occur. The security deposit will be returned by check after final inspection when the games are picked up. Should the renter be unavailable at the end of the event, the check will be mailed to the renter in a timely manner, no longer than ten (10) days after the conclusion of the event.
Rental Security Deposit. (a) Tenant shall pay to Landlord rent ("Minimum Basic Rent") at the rates set forth in Exhibit "B" (the “Rent Schedule”) attached hereto and incorporated herein by reference, payable in advance in monthly installments beginning on the Commencement Date.
(b) The tenant shall deposit with Attorney Wxxxxxx Xxxxxxxxxx at North East Title Partners (“Escrow Agent”) an amount equal to the first year’s Minimum Basic Rent. This amount shall be held by the Escrow Agent in a separate account and disbursed to the Landlord on a monthly basis in accordance with the Rent Schedule. After the first year, a security deposit equal to 2 (two) month’s Basic Rent shall be deposited with Landlord.
(c) As additional security for the Tenant’s performance hereunder, the Landlord shall be granted a first security interest in all assets of the Tenant, including after acquired property.
(d) Rent shall be on a triple net basis with no landlord responsibilities for roof or structure.
