Term; Base Monthly Rent Sample Clauses

Term; Base Monthly Rent. The Lease term (“Lease Term”) shall be for a period of one hundred eight (108) months commencing on May 1, 2018, and ending on April 30, 2027 (“Expiration Date”), subject to extension or sooner termination as described in this Lease. In addition to all other sums payable by Tenant under this Lease, Tenant shall pay as base monthly rent (“Base Monthly Rent”) for the Premises the amounts set forth in Paragraph 15 of the Basic Lease Information Sheet for each month, subject to proration as described below. Base Monthly Rent shall be due in advance on or before the first day of each calendar month during the Lease Term. All sums payable by Tenant under this Lease shall be paid to Landlord in lawful money of the United States of America, without offset or deduction and except as otherwise expressly provided in this Lease without prior notice or demand, at the address specified in Paragraph 7 of the Basic Lease Information Sheet or at such place or places as may be designated in writing by Landlord during the Lease Term. Base Monthly Rent for any period less than a calendar month shall be a pro rata portion of the monthly installment based on the number of days in the partial calendar month; provided that if this Lease terminates due to Tenant’s default, Tenant shall not be relieved of the obligation to pay future accruing rent, and the provisions of Section 14 shall control. Concurrently with Tenant’s execution of this Lease, Tenant shall pay to Landlord the sum of One Hundred Eleven Thousand Four Hundred Seventy Four Dollars and Ninety Cents ($111,474.90) as a deposit to be applied against Base Monthly Rent, as it becomes due, until credited in full.
Sample 1See All (6)
AutoNDA by SimpleDocs
Term; Base Monthly Rent. Subject to compliance with all terms and conditions of the Lease: (i) the Extended Term Expiration Date of the Lease is hereby extended from October 31, 2028 to December 31, 2033, wherein the Extended Term Expiration Date shall be now known as the "Term" ("Term") and (ii) Lessee shall retain the Option to Extend the Lease past the Term, as set out in Section 63 of the Lease; however, in determining the "Adjusted Base Rent" for the Option period, Lessor and Lessee agree that the tenant improvements covered by the Tenant Improvement Allowance (as set forth in Section 2 below) shall be excluded from the determination of the Adjusted Base Rent. In consideration of the foregoing and the grant by Lessor of the Tenant Improvement Allowance below, Xxxxxx agrees that the monthly Base Rent for the Premises for the Term beginning January 1, 2024, shall be as follows: Months Base Monthly Rent (NNN) 1/1/24 - 12/31/24 [***] 1/1/25 - 12/31/25 [***] 1/1/26 - 12/31/26 [***] 1/1/27 - 12/31/27 [***] 1/1/28 - 12/31/28 [***] 1/1/29 - 12/31/29 [***] 1/1/30 - 12/31/30 [***] 1/1/31 - 12/31/31 [***] 1/1/32 - 12/31/32 [***] l/ 1/33 - 12/31/33 [***]
Sample 1See All (4)
Term; Base Monthly Rent. The Lease term (“Lease Term”) shall be for one hundred twenty (120) months, commencing on August 1, 2013 (the “Commencement Date”), and ending one hundred twenty (120) months thereafter (“Expiration Date”), subject to extension or sooner termination as described in this Lease. During the period between the date of this Lease and the Commencement Date (the “Interim Period”), Landlord shall have possession and control of the Building, including, without limitation, the right to lease the Building or portions thereof to third parties (including Yahoo!); provided, however, that Landlord and Tenant may process, review and approve the Tenant Improvement Plans and Specifications during the Interim Period and Tenant shall be permitted access to the Building during that period solely for the purposes of taking measurements and otherwise accommodating the design process. In addition to all other sums payable by Tenant under this Lease, Tenant shall pay as base monthly rent (“Base Monthly Rent”) for the Premises the following amount: Month (starting on the Commencement Date) Agreed Upon Rentable Square Footage Base Monthly Rent Per Agreed Upon Rentable Square Footage August 1, 2013 through January 31, 2014 151,035 Zero Dollars $0.00 February 1, 2014 through September 30, 2014 151,035 $339,829 October 1, 2014 through September 30, 2015 151,035 $352,572 October 1, 2015 through September 30, 2016 151,035 $365,794 October 1, 2016 through September 30, 2017 151,035 $379,511 October 1, 2017 through September 30, 2018 151,035 $393,743 October 1, 2018 through September 30, 2019 151,035 $408,508 October 1, 2019 through September 30, 2020 151,035 $423,827 October 1, 2020 through September 30, 2021 151,035 $439,721 October 1, 2021 through September 30, 2022 151,035 $456,210 October 1, 2022 through July 31, 2023 151,035 $473,318 Base Monthly Rent shall be due in advance on or before the first day of each calendar month during the Lease Term. All sums payable by Tenant under this Lease shall be paid to Landlord in lawful money of the United States of America, without offset or deduction and except as otherwise expressly provided in this Lease without prior notice or demand, at the address specified in Section 1 of this Lease or at such place or places as may be designated in writing by Landlord during the Lease Term. Base Monthly Rent for any period less than a calendar month shall be a pro rata portion of the monthly installment based on the number of days in the partial calenda...
Sample 1

Related to Term; Base Monthly Rent

  • Base Monthly Rent Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to Landlord the Base Monthly Rent set forth in Section K of the Summary.

  • 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;

  • Annual Base Rent Except as otherwise provided in this Lease, in the event of a default by Landlord, Tenant shall be entitled to any remedies available at law or in equity except for the right to terminate or rescind the Lease. It is expressly understood and agreed to between the parties that except as specifically provided in this Lease, Tenant expressly, knowingly, and voluntarily waives any right, claim, or remedy otherwise available to Tenant to terminate or rescind this Lease as a result of Landlord's default as to any covenant or agreement contained in this Lease or as a result of the breach of any promise or inducement allegedly made on behalf of Landlord, whether in this Lease or elsewhere. No act or omission of Landlord or its agents shall constitute an actual or constructive eviction of Tenant unless Landlord shall have first received written notice of Tenant's claim and shall have failed to cure it after having been afforded a reasonable time to do so, which in no event shall be less than thirty (30) days. Notwithstanding anything in this Lease to the contrary, Landlord shall never be liable to Tenant in the event of a default by Landlord or otherwise under any provision of this Lease for any loss of business or profits or other consequential damages or for punitive or special damages of any kind. None of Landlord's officers, members, managers, employees, agents, directors, shareholders, or partners shall ever have any personal liability to Tenant under or in connection with this Lease. Tenant shall look solely to Landlord's estate and interest in the Office Center for the satisfaction of any right or remedy of Tenant under this Lease, or for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord, it being intended that there will be absolutely no personal liability on the part of Landlord, and no other property or assets of Landlord or its principals shall be subject to levy, execution, or other enforcement procedure for the satisfaction of Tenant's rights or remedies under this Lease, the relationship of Landlord and Tenant under this Lease, Tenant's use and occupancy of the Premises, or any other liability of Landlord to Tenant of whatever kind or nature, this exculpation of liability to be absolute and without exception whatsoever.

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

  • 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.

  • Lease Year Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • 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:

  • Advance Rent The first full month’s rent shall be paid by Tenant to Landlord upon the execution of this Lease as advance rent, provided, however, that such amount shall be held by Landlord as an additional “Security Deposit” pursuant to this Lease until it is applied by Landlord to the first Minimum Monthly Rent due hereunder.

  • Fixed Rent Tenant agrees to pay to Landlord, on the Rent Commencement Date, and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Lease Term, a sum equal to one-twelfth (1/12th) of the Annual Fixed Rent specified in Section 1.1 hereof. Until notice of some other designation is given, fixed rent and all other charges for which provision is herein made shall be paid by remittance to or for the order of Boston Properties Limited Partnership, as agent of Landlord. All remittances received by BOSTON PROPERTIES LIMITED PARTNERSHIP, as agent as aforesaid, or by any subsequently designated recipient, shall be treated as a payment to Landlord. Annual Fixed Rent for any partial month shall be paid by Tenant to Landlord at such rate on a pro rata basis, and, if the Rent Commencement Date shall be other than the first day of a calendar month, the first payment of Annual Fixed Rent which Tenant shall make to Landlord shall be a payment equal to a proportionate part of such monthly Annual Fixed Rent for the partial month from the Rent Commencement Date to the first day of the succeeding calendar month. Additional Rent payable by Tenant on a monthly basis, as elsewhere provided in this Lease, likewise shall be prorated, and the first payment on account thereof shall be determined in similar fashion and shall commence on the Rent Commencement Date and other provisions of this Lease calling for monthly payments shall be read as incorporating this undertaking by Tenant. Notwithstanding that the payment of Annual Fixed Rent payable by Tenant to Landlord shall not commence until the Rent Commencement Date, Tenant shall be subject to, and shall comply with, all other provisions of this Lease as and at the times provided in this Lease. The Annual Fixed Rent and all other charges for which provision is made in this Lease shall be paid by Tenant to Landlord without setoff, deduction or abatement.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

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