Schedule of Monthly Rent Payments Sample Clauses

Schedule of Monthly Rent Payments. Beginning on the date (the “Rent Commencement Date”) that is the earlier of (i) the date that is eight months following the Commencement Date, and (ii) December 1, 2019, and continuing throughout the Term, Tenant shall pay to or upon the order of Landlord an annual rental (the “Base Rent”) as set forth below which shall be payable in consecutive monthly installments on or before the first day of each calendar month in advance in the monthly amount set forth below: Lease Year Annual Base Rent Monthly Base Rent 1 $ 4,880,447.00 $ 406,703.92 2 $ 5,026,860.41 $ 418,905.03 3 $ 5,177,666.22 $ 431,472.19 4 $ 5,332,996.21 $ 444,416.35 5 $ 5,492,986.10 $ 457,748.84 6 $ 5,657,775.68 $ 471,481.31 7 $ 5,827,508.95 $ 485,625.75 8 $ 6,002,334.22 $ 500,194.52 9 $ 6,182,404.24 $ 515,200.35 10 $ 6,367,876.37 $ 530,656.36
AutoNDA by SimpleDocs
Schedule of Monthly Rent Payments. Beginning on the ninety-first (91st) day following the Commencement Date (the “Rent Commencement Date”) and continuing throughout the Term, Tenant shall pay to or upon the order of Landlord an annual rental (the “Annual Base Rent”) as set forth below which shall be payable in consecutive monthly installments on or before the first day of each calendar month in advance in the monthly amount set forth below: Period Annual Base Rent Annual Base Rent per Rentable Square Foot Monthly Base Rent Abatement Period: (The 90-day Period beginning on Commencement Date until Rent Commencement Date) $ 0.00 $ 0.00 $ 0.00 Lease Year 1: (Period beginning on Rent Commencement Date and continuing for 12 full calendar months) $ 92,876.00 $ 28.00 $ 7,739.67 Lease Year 2 $ 95,363.75 $ 28.75 $ 7,946.98 Lease Year 3 $ 97,851.50 $ 29.50 $ 8,154.29
Schedule of Monthly Rent Payments. Beginning with the Commencement Date and continuing throughout the Term, Tenant shall pay to or upon the order of Landlord an annual rental (the “Base Rent”) as set forth below which shall be payable in consecutive monthly installments on or before the first day of each calendar month in advance in the monthly amount set forth below: Period Annual Base Rent Monthly Base Rent Annual Base Rent per Rentable Square Foot Commencement $917,500.00 $76,458.33 $18.35 Date - 12/31/19 1/1/20 - 6/30/20 $967,500.00 $80,625.00 $19.35
Schedule of Monthly Rent Payments. Beginning on the date that is the sooner to occur of: (a) July 1, 2006, or (b) the date (following the Commencement Date) that Tenant takes possession of the Premises (or any portion thereof) and begins operation of its business therein (the “Rent Commencement Date”) and continuing throughout the Term, Tenant shall pay to or upon the order of Landlord an annual rental (the “Annual Base Rent”) as set forth below which shall be payable in consecutive monthly installments on or before the first day of each calendar month in advance in the monthly amount set forth below:
Schedule of Monthly Rent Payments. Commencing on the date (the “Rent Commencement Date”) that is ninety (90) calendar days following the Commencement Date and continuing throughout the Term, Tenant shall pay to or upon the order of Landlord an annual rental (the "Annual Base Rent") as set forth below which shall be payable in consecutive monthly installments on or before the first day of each calendar month in advance in the monthly amount set forth below:
Schedule of Monthly Rent Payments. Beginning on the date that is the later of (i) ten (10) months following the Commencement Date, or February 1, 2020 (the “Rent Commencement Date”) and continuing throughout the Term Tenant shall pay to or upon the order of Landlord an annual rental (the “Base Rent”) as set forth below which shall be payable in consecutive monthly installments on or before the first day of each calendar month in advance in the monthly amount set forth below: Lease Year Annual Base Rent Monthly Base Rent Annual Base Rent per Rentable Square Foot 1 $ 1,052,400.00 $ 87,700.00 $ 24.00 2 $ 1,096,250.00 $ 91,354.17 $ 25.00 3 $ 1,140,100.00 $ 95,008.33 $ 26.00 4 $ 1,183,950.00 $ 98,662.50 $ 27.00 5 $ 1,227,800.00 $ 102,316.67 $ 28.00 6 $ 1,271,650.00 $ 105,970.83 $ 29.00 7 $ 1,315,500.00 $ 109,625.00 $ 30.00 8 $ 1,359,350.00 $ 113,279.17 $ 31.00 9 $ 1,403,200.00 $ 116,933.33 $ 32.00 10 $ 1,447,050.00 $ 120,587.50 $ 33.00
Schedule of Monthly Rent Payments. Beginning with the Commencement Date and continuing throughout the Term, Tenant shall pay to or upon the order of Landlord an annual rental (the “Base Rent”) as set forth below which shall be payable in consecutive monthly installments on or before the first day of each calendar month in advance in the monthly amount set forth below: Period Annual Base Rent Annual Base Rent per Rentable Square Foot Monthly Base Rent Lease Year 1* $ 527,324.00 $ 25.90 $ 43,943.67 Lease Year 2 $ 537,504.00 $ 26.40 $ 44,792.00 Lease Year 3 $ 547,684.00 $ 26.90 $ 45,640.33 Lease Year 4 $ 557,864.00 $ 27.40 $ 46,488.67 Lease Year 5 $ 568,044.00 $ 27.90 $ 47,337.00 Lease Year 6 $ 578,244.00 $ 28.40 $ 48,185.33 Lease Year 7 $ 588,404.00 $ 28.90 $ 49,033.67 *Provided no uncured Event of Default then exists under this Lease, Base Rent shall be abated during the first nine and one-half (9.5) months of Lease Year 1 (the “Abatement Period”); provided, however, that during the Abatement Period, Tenant shall remain responsible for payment of cleaning services and electricity provided to the Premises in accordance with the terms of this Lease.
AutoNDA by SimpleDocs
Schedule of Monthly Rent Payments. Beginning with the Commencement Date and continuing throughout the Term, Tenant shall pay to or upon the order of Landlord an annual rental (the “Base Rent”) as set forth below which shall be payable in consecutive monthly installments on or before the first day of each calendar month in advance in the monthly amount set forth below: Period Annual Base Rent Monthly Base Rent Annual Base Rent per Rentable Square Foot 6/1/17-5/31/18* $1,508,516.40 $125,709.70 $32.70 6/1/18-5/31/19 $1,554,648.40 $129,554.03 $33.70 6/1/19-5/31/20 $1,600,780.40 $133,398.37 $34.70 6/1/20-5/31/21 $1,646,912.40 $137,242.70 $35.70 6/1/21-5/31/22 $1,693,044.40 $141,087.03 $36.70 *In the event that the Third Floor Premises Commencement Date occurs prior to June 1, 2017, Tenant shall pay Base Rent with respect to the Third Floor Premises at the Annual Base Rent per Rentable Square Foot applicable on June 1, 2017 (i.e., $32.70 per square foot per annum for 9,422 rentable square feet) until June 1, 2017 and thereafter shall pay Base Rent as set forth above.

Related to Schedule of Monthly Rent Payments

  • Rent Payments Xxxxxx agrees to pay rent to the Landlord during the term of this Lease in equal monthly installments of $975, which shall be paid on or before the first day of the month. Xxxxxx agrees that if rent is not paid in full on or before 1st day of the month, Tenant will pay a late charge of $97.50 as allowed by applicable Georgia law.The prorated rent from the commencement of this Lease to the first day of the following month is $975, which amount shall be paid at the execution of this Lease. Xxxxxx agrees that rent shall be paid in lawful money of the United States via the Xxxxx Residents App. Rent payments shall be made payable to and mailed or delivered to the following address: P.O. Box 17942 Atlanta, GA 30316. All notices from Tenant to Landlord under this Lease and applicable Georgia law shall be delivered to the above address. Xxxxxx agrees that rent will be deemed paid only once Landlord or Landlord’s agent receives the rent monies, either by mail or by delivery to the above address. If there are multiple Tenants signed to this Lease, all such Tenants are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. A judgment entered against one Tenant shall be no bar to an action against other Tenants.

  • Rent Payment Tenant shall pay the Base Rent for the Premises and any additional rent provided herein without deduction or offset. Rent for any partial month during the lease term shall be prorated to reflect the number of days during the month that Tenant occupies the Premises. Additional rent means amounts determined under Section 19 of this Lease and any other sums payable by Tenant to Landlord under this Lease. Rent not paid when due shall bear interest at the rate of one-and-one-half percent per month until paid. Landlord may at its option impose a late charge of $.05 for each $1 of rent for rent payments made more than 10 days late in lieu of interest for the first month of delinquency, without waiving any other remedies available for default. Failure to impose a late charge shall not be a waiver of Landlord’s rights hereunder.

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

  • Monthly Rent The rent payable pursuant to Paragraph 5.A., as adjusted from time to time pursuant to the terms of this Lease.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Payment of Base Rent Tenant agrees to pay the Base Rent for the Premises. Monthly Installments of Base Rent shall be payable in advance on the first day of each calendar month of the Term. If the Term begins (or ends) on other than the first (or last) day of a calendar month, the Base Rent for the partial month shall be prorated on a per diem basis. Tenant shall pay Landlord the first Monthly Installment of Base Rent when Tenant executes the Lease.

  • Additional Payment (a) If, notwithstanding the provisions of Section 8(a)(ii), but subject to subsection (b), it is ultimately determined by a court or pursuant to a final determination by the Internal Revenue Service that any portion of Total Payments is subject to the tax (the "Excise Tax") imposed by Section 4999 of the Code (or any successor provision), then the Company shall pay to the Executive an additional amount (the "Gross-Up Payment") such that the net amount retained by the Executive after deduction of any Excise Tax and any interest charges or penalties in respect of the imposition of such Excise Tax (but not any federal, state or local income tax) on the Total Payments, and any federal, state and local income tax and Excise Tax upon the payment provided for by this Section 23 shall be equal to the Total Payments. For purposes of determining the amount of the Gross-Up Payment, the Executive shall be deemed to pay federal income taxes at the highest marginal rate of federal income taxation in the calendar year in which the Gross-Up Payment is to be made and state and local income taxes at the highest marginal rates of taxation in the state and locality of the Executive's domicile for income tax purposes on the date the Gross-Up Payment is made, net of the maximum reduction in federal income taxes that could be obtained from deduction of such state and local taxes.

  • Payment of Basic Rent Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction.

  • Additional Payments Any sums expended by Agent or any Lender due to any Borrower’s failure to perform or comply with its obligations under this Agreement or any Other Document including any Borrower’s obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1 hereof, may be charged to Borrowers’ Account as a Revolving Advance and added to the Obligations.

  • Minimum Rent The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

Time is Money Join Law Insider Premium to draft better contracts faster.