Sublease Base Rent. Beginning on the Commencement Date, and continuing during the Sublease Term, Subtenant shall pay to Sublandlord, as sublease rent (“Base Rent”), in lawful money of the United States of America, without any deduction, offset, prior notice or demand, in advance on the first date of each month of the Sublease Term from the Commencement Date through the expiration or earlier termination of this Sublease, the amount of $5,250.00 per month, which amount shall increase by three percent (3%) annually on the first day of the month in which the anniversary of the Commencement Date occurs, if this Sublease has not yet expired or terminated. Any Sublease Rent obligations for any partial month during the Sublease Term shall be prorated.
Sublease Base Rent. During the Sublease Term, Subtenant shall pay to Sublandlord as base rent for the Subleased Premises (“Sublease Base Rent”), an amount equal to $5,208.33 per month, which amount is based on $1.667 per rentable square foot, per month. All monthly installments of Sublease Base Rent shall be paid on the first (1st) day of each and every calendar month without prior notice or demand, abatement, set-off or deduction whatsoever. The first monthly installment of Sublease Base Rent shall be due and payable upon full execution of this Sublease.
Sublease Base Rent. (a) Directrix is obligated to pay to Playboy as minimum rent an annual rent (the "Sublease Base Rent") as follows:
(i) for the period beginning on the earlier of the Substantial Completion Date or the date on which Directrix commences to occupy any material portion of the Directrix Premises ("Sublease Base Rent Commencment Date") and ending on the day preceding the first anniversary thereof (such period being the first "Sublease Year" and each successive twelve month period thereafter also being referred to herein individually as a "Sublease Year" and collectively as "Sublease Years", $1,193,308.49 per annum, payable in advance in equal monthly installments of $99,442.37;
(ii) for the second Sublease Year, $1,229,107.74 per annum, payable in advance in equal monthly installments of $102,425.65;
(iii) for the third Sublease Year, $1,265,980.98 per annum, payable in advance in equal monthly installments of $105,498.41;
(iv) for the fourth Sublease Year, $1,303,960.41 per annum, payable in advance in equal monthly installments of $108,663.37;
(v) for the fifth Sublease Year, $1,343,079.22 per annum, payable in advance in equal monthly installments of $111,923.27;
(vi) for the sixth Sublease Year, $1,383,371.60 per annum, payable in advance in equal monthly installments of $115,280.97;
(vii) for the seventh Sublease Year per annum, $1,424,872.74 payable in advance in equal monthly installments of $118,739.40;
(viii) for the eighth Sublease Year $1,467,618.93 per annum, payable in advance in equal monthly installments of $122,301.58;
(ix) for the ninth Sublease Year $1,511,647.49 per annum, payable in advance in equal monthly installments of $125,970.62;
(x) for the tenth Sublease Year, $1,556,996.92 per annum, payable in advance in equal monthly installments of $129,749.41; and
(xi) for the eleventh Sublease Year through the Expiration Date, a rate per annum equal to $1,712,696.61 per annum, payable in advance in equal monthly installments of $142,724.35.
(b) Directrix is obligated to pay Playboy Sublease Base Rent for Studio A at the rate of $35,417.44 per month payable in advance together with any Sublease Additional Rent related thereto commencing concurrently with Playboy becoming obligated to pay Base Rent on Studio A as provided for in Master Lease Section 2.2(a), after taking into account any applicable abatement period.
(c) Directrix is obligated to pay Playboy Sublease Base Rent for the Master Control Room at the rate of $25,000.00 per month payable i...
Sublease Base Rent. (a) From and after the Sublease Commencement Date as to the Phase I Sublease Premises, Subtenant shall pay the Sublease Base Rent in the following amounts, in equal monthly installments in advance on the first day of each calendar month during the Sublease Term as applicable to the Phase I Sublease Premises: Sublease Commencement Date as to the Phase I Sublease Premises through Sublease Month 33 $26.50 $2,333,325.00 $194,443.75 From and after the Sublease Commencement Date as to the Phase II Subleased Premises, Subtenant shall pay the Sublease Base Rent in the following amounts, in equal monthly installments in advance on the first day of each calendar month during the Sublease Term as applicable to the Phase II Subleased Premises: Sublease Commencement Date as to the Phase II Subleased Premises through Sublease Month 33 $26.50 $601,656.00 $50,138.00
(b) By no later than the date which is sixty (60) days after the date of this Sublease, Subtenant shall pay an amount equal to one (1) monthly installment of the Sublease Base Rent payable at the initial rate, which amount shall be credited toward the monthly installment of Sublease Base Rent payable for the first full calendar month of the Sublease Term following the Sublease Commencement Date and application of the Sublease Base Rent Credit. If the applicable Sublease Commencement Date is not the first day of a month, then the Sublease Base Rent from the applicable Sublease Commencement Date until the first day of the following month shall be prorated on a per diem basis at the rate of one-thirtieth (1/30th) of the monthly installment of the Sublease Base Rent payable at the initial rate, and Subtenant shall pay such prorated installment of the Sublease Base Rent on the applicable Sublease Commencement Date.
(c) Subtenant shall make all payments by means of electronic transfer of funds, and Sublandlord shall provide Subtenant with bank routing information for such purpose. All sums payable by Subtenant under this Sublease shall be paid to Sublandlord in legal tender of the United States, without setoff, deduction or demand, except as expressly provided in this Sublease. Sublandlord’s acceptance of Rent after it shall have become due and payable shall not excuse a delay upon any subsequent occasion or constitute a waiver of any of Sublandlord’s rights hereunder.
(d) Sublandlord shall apply the Sublease Base Rent Credit against Subtenant’s obligation to pay Sublease Base Rent as the same first becomes due prov...
Sublease Base Rent. Commencing on April 1, 2024 (the “Sublease Rent Commencement Date”), Subtenant shall pay the Sublease Base Rent (as defined herein) and all taxes applicable thereto, and other amounts due to Sublandlord as provided herein, by the first day of each calendar month without notice or demand by Sublandlord. The amount of “Sublease Base Rent” shall be paid according to the following schedule: Sublease Term by Month(s) RSF of Subleased Premises AnnualRate Per RSF Annual Sublease Base Rent Monthly Installments of Sublease Base Rent Sublease Commencement Date – 3/31/2024 65,496 abated abated abated 4/1/24 – 3/31/25 65,496 $19.55 $1,280,446.80 $106,703.90 4/1/25 - 3/31/26 65,496 $20.14 $1,318,860.20 $109,905.02 4/1/26 - 3/31/27 65,496 $20.74 $1,358,426.01 $113,202.17 4/1/27 - 3/31/28 65,496 $21.36 $1,399,178.79 $116,598.23 4/1/28 – Sublease Expiration Date 65,496 $22.00 $1,441,154.15 $120,096.18
Sublease Base Rent. Subtenant shall pay to Sublandlord base rent for the Subleased Premises (“Sublease Base Rent”), in the amount of $*** per year (calculated by multiplying $*** per square foot per year by *** square feet, which is the sum of the square footage comprising the FCA Space and the Navistar Controlled Subleased Space (other than the New Space)), payable in equal monthly installments of $*** each, plus additional rent for the New Space (“New Space Rent”), in the amount of $*** per year (calculated by multiplying $*** per square foot per year by *** square feet, which is the total square footage of the New Space) payable in equal monthly installments of $***; provided, however, that the Sublandlord shall provide Subtenant with an annual credit in the amount of $*** (calculated by multiplying $*** per square foot per year by *** square feet, which represents the portion of the New Space to be utilized by Sublandlord) to be applied in equal monthly credits of $*** (“NAV Controlled New Space Credit”). If Subtenant timely exercises its option to extend the Term of this Sublease for any Sublease Extension Term in accordance with Section 2.2 hereof (pursuant solely to the scenarios described in sub-Sections 2.3(a) and 2.3(b) herein; an extension of the Sublease pursuant to Section 2.3(c) will be governed by the terms of Section 2.3(c)), Subtenant shall pay to Sublandlord Sublease Base Rent for the Subleased Premises during any such Sublease Extension Term in the amount of $*** per year (calculated by multiplying $*** per square foot per year by *** square feet, which is the sum of the square footage comprising the FCA Space and the Navistar Controlled Subleased Space (other than the New Space)), payable in equal monthly installments of $*** each, plus additional rent for the New Space (“New Space Rent”), in the amount of $*** per year (calculated by multiplying $*** per square foot per year by *** square feet, which is the total square footage of the New Space) payable in equal monthly installments of $***; provided, however, that the Sublandlord shall provide Subtenant with an annual credit in the amount of $*** (calculated by multiplying $*** per square foot per year by *** square feet, which represents the portion of the New Space to be utilized by Sublandlord) to be applied in equal monthly credits of $*** (“NAV Controlled New Space Credit”).
Sublease Base Rent. Tenant shall pay to Landlord, in a manner provided herein, base rent (the "Sublease Base Rent") in the monthly amount of $12,729.43 for the period of September 1,2000 through and including July 31,2002, and in the monthly amount of $13,235.54 for the period of August 1, 2002 through July 31,2005.
Sublease Base Rent. Commencing on the Sublease Commencement Date, and continuing on the first day of each month thereafter through the Sublease Expiration Date, Subtenant shall pay to Sublandlord, in advance, without notice or demand, and without any set-off, counterclaim, abatement or deduction whatsoever, except as may be expressly set forth in this Sublease, in lawful money of the United States, by wire transfer of funds or by check payable to Dynatrace LLC, sublease base rent (“Sublease Base Rent”) as follows: 1 – 4 $0.00 $0.00 5 – 12 $4.00 $139,924.00 13 – 24 $4.12 $144,121.72 25 – 36 $4.24 $148,445.37 37 $4.37 $152,898.73 The first (1st) monthly installment of Sublease Base Rent in the amount of $139,924 applicable to the fifth (5th) Sublease Month, shall be payable contemporaneously with the execution and delivery of this Sublease by Subtenant; thereafter, Sublease Base Rent shall be payable on the first (1st) day of each month beginning on the first (1st) day of the sixth (6th) Sublease Month.
Sublease Base Rent. Subtenant shall pay to Sublandlord base rent for the Subleased Premises (“Sublease Base Rent”), in the amount of $*** per year (calculated by multiplying $*** per square foot per year by *** square feet, which is the sum of the square footage comprising the FCA Space and the Navistar Controlled Subleased Space), payable in equal monthly installments of $*** each. If Subtenant timely exercises any option to extend the Term of this Sublease for any Sublease Extension Term in accordance with Section 2.2 hereof, Subtenant shall pay to Sublandlord Sublease Base Rent for the Subleased Premises during any such Sublease Extension Term in the amount of $*** per year (calculated by multiplying $*** per square foot per year by *** square feet, which is the sum of the square footage comprising the FCA Space and the Navistar Controlled Subleased Space), payable in equal monthly installments of $*** each.
Sublease Base Rent. Subtenant agrees to pay to Sublandlord (except as indicated in Paragraph 7.C) Sublease Base Rent on each Rent Payment Date commencing with the first Rent Payment Date following the date hereof, as provided in incorporated Section 3 of the Master Lease.
