Rentals Payable. (i) The Tenant covenants and agrees to pay the Landlord as rental for the Leased Premises, without setoff or deduction:
Rentals Payable. Tenant covenants and agrees to Pay to Landlord as Rentals, sometimes referred to as "Rent" or "
Rentals Payable. The Lessee shall pay the Base Rentals and the Additional Rentals in the amounts, at the times, and in the manner set forth herein, said amounts constituting in the aggregate the total of the annual Rentals under this Lease, as follows:
Rentals Payable. Tenant covenants and agrees to pay to Landlord as rental ("Rental") for the Premises, the following:
(a) the Annual Basic Rental specified in clause G of Section 1.1.; plus
(b) the Annual Percentage Rental specified in clause H of Section 1.1.; plus
(c) all additional sums, charges or amounts of whatever nature to be paid by Tenant to Landlord in accordance with the provisions of this Lease, whether or not such sums, charges or amounts are referred to as additional rental (collectively referred to as "Additional Rental"); provided, however, that the Annual Basic Rental and the minimum amount of Gross Sales utilized in the computation of Annual Percentage Rental shall be adjusted proportionately for any Rental Year of more or less than twelve (12) calendar months.
Rentals Payable. (a) Tenant covenants and agrees to pay to Landlord the following:
(i) Base Rent as specified in Article I shall be paid commencing with the first month of the first Contract Year. Except as otherwise provided in Article I, if the Rent Commencement Date falls on a date other than the first day of a calendar month, or the termination date of the Term falls on a date other than the last day of a calendar month, the Base Rent for such fractional month shall be prorated.
(ii) Utilities as specified in Article I shall be paid commencing with the first month of the first Contract Year.
(iii) Such additional sums, charges or amounts of whatever nature required to be paid in accordance with the provisions of this Contract.
(b) Not later than the 25th day of the month, the Landlord shall transmit a Rental Statement to the Tenant.
(c) Tenant shall pay all Rentals as set forth in the applicable Rental Statement not later than the 5th day of the month following issuance.
(d) Tenant's obligation for these payments shall survive the expiration or other termination of this Contract.
Rentals Payable. Tenant covenants and agrees to pay to Landlord as rental for the premises, the following; An annual sum equal to the annual basic rental specified in Clause F of Section 1.1.
A. Annual basic rental shall be payable in equal monthly installments, in advance, on the first day of each full calendar month during the term, the first such payment to include also any prorated annual basic rental for the period from the date of the commencement of the term to the first day of the first full calendar month in the term.
B. Annual increases in the base rent in the event of increases in the cost of living based on the "all items" Index for the New York-Northeastern New Jersey area of the "Consumers Price Index for all Urban Consumers" (revised CPI-U (1982 - 1984 equal to 100) published by the Bureau of Labor Statistics of the U.S. Department of Labor (hereinafter referred to as the "Index"). The Index figure for the initial month, shall be compared with the Index figure for the anniversary month in each subsequent year during the term of this lease, If the latter figure is more than the Index for the initial month, the latter figure shall be divided by the former figure to determine the new base rent. The new base rent will be divided by 12 to determine the new monthly installment. The computations are shown in the following example: Example: ------- Index Point Change ------------------ CPI - 305.8 299.9 - previous CPI equals 5.90 Index Point Change Percentage Change ----------------- Index point difference is 5.90 divided by the previous Index of 299.9-----0.020 x 100 or 2.00 percent change -------------------------------------------------------------------------------- 0.020 x $(annual total) annual equals $(yearly total of increase) or $(monthly increase)27.50 CPI increase base rental $ (monthly base rent) + (monthly increase) -------------------------------------------- $ (total) new monthly installment Provided, however, in no event shall the new monthly base rent be less than the prior years monthly base rent. Since Index figures for the month of the anniversary month are not available for several weeks after said month of each year, the base rental will continue to be paid on an estimated basis in monthly installments equal to the monthly installments for the preceding year. Upon the availability of the actual month's Index figures, the base rent will be recomputed and Tenant will pay to Landlord, upon demand, the deficiencies, if any, in each monthly installm...
Rentals Payable. Tenant covenants and agrees to pay to Landlord as rental ("Rental") for the Premises, the following:
(a) the Annual Basic Rental specified in Section 1.1.j, commencing the earlier of April 1, 1997 or the date Tenant opens for business; plus TENANT /s/ MP LANDLORD /s/ DPW (b) the Annual Percentage Rental specified in Section 1.1.o; plus:
Rentals Payable. (a) Tenant covenants and agrees to pay to Landlord as Rental for the Premises, the following:
(i) The Annual Basic Rental specified in Section 1.1.2 for the applicable Rental Year, commencing on the Rent Commencement Date; plus
(ii) all Additional Rental due from time to time hereunder.
(b) Except as set forth in Sections 3.2(c), 7.1, 7.2 and 9.1, Tenant hereby covenants and agrees with Landlord that the obligation to pay the Rental described herein is an independent covenant and shall be due and payable by Tenant to Landlord notwithstanding any default by Landlord of its obligations hereunder.
Rentals Payable. Tenant covenants and agrees to pay to Landlord as Rental for the Premises, the following:
(a) The Annual Basic Rental specified in Section 1.1.3, commencing on the Rent Commencement Date; plus
(b) all Additional Rental due from time to time hereunder.
Rentals Payable. The City agrees to pay as rental for the premises thirteen thousand five hundred dollars ($13,500.00) per year, to be paid in semi-annual installments of $6,750.00, commencing on October 1, 2015 and then every succeeding sixth month thereafter. Payment shall be made from current revenues available to the City. In the event either Party terminates this Agreement, the City will be responsible on a pro rata amount of the rent up to the date of termination.
