Common use of TERM/RENT Clause in Contracts

TERM/RENT. Landlord hereby subleases to Tenant, and Tenant hereby subleases from Landlord, Apartment No. (“Premises”) located at Washington, D.C. in the Cooperative apartment building owned by The Claridge House Cooperative, Inc. ( “Cooperative”), for a term of ______ months beginning on , 20 , and ending on , 20 (“Term”), for the total sum of $ for the Term payable in equal installments of $ , in advance, on the first day of each month of the term, without demand or deduction therefrom, at such place as the Landlord may from time to time designate in writing. The first month’s rent must be paid before Tenant occupies the Premises. If this Sublease commences on a day other than the first day of a month, the amount of rent to be paid for the balance of the first month will be apportioned pro rata, based on the number of days remaining in the month. Tenant’s obligation to pay rent is independent of any other provision in this Sublease. Each Tenant is jointly and severally liable to Landlord for full performance of all Tenant obligations under this Sublease. If Tenant fails to pay to pay any monthly installment of rent, or any additional rent, within five (5) days after the due date, a late fee in the amount of five percent (5%) of the amount of the installment of rent, or of such additional rent, shall be payable by Tenant within thirty (30) days after notice thereof from Landlord. However, payment by Tenant and acceptance by Landlord of a late fee or lesser amount shall not be construed as a waiver of the requirement for Tenant to pay each monthly rent installment on the first day of the month. Nothing in this Sublease constitutes a waiver or limitation of Landlord’s rights to take legal action for unpaid rent, for damages or for repossession of the Premises for non-payment of any installment of rent or other amount payable by Tenant under this Sublease when such rent or other amount becomes due and payable. Any failure by Tenant to pay rent at the time specified will constitute a default under this Sublease, and Landlord may exercise any and all rights and remedies available under this Sublease or under applicable law. Any and all payments required to be paid by Tenant to Landlord or to any other person under this Sublease will be deemed to be additional rent and will be collectible as rent. Landlord at its sole discretion may require that rent payments be made by electronic rent collection, cashier’s check, certified check or money order. Landlord shall give Tenant a receipt for any payment from Tenant that is made by cash or money order.

TERM/RENT. Landlord hereby subleases The term of the Lease ("Lease Term") shall commence five (5) business days after shipment (the "Commencement Date"). Lessee agrees to Tenantpay Lessor or its assignees during the Lease Term, in U.S. Dollars, at an address to be provided by Lessor, the total Rent Payments ("Rent Payments") as specified herein. The first Rent Payment is due thirty (30) days after the Commencement Date, and Tenant hereby subleases from Landlord, Apartment No. (“Premises”) located at Washington, D.C. in the Cooperative apartment building owned by The Claridge House Cooperative, Inc. ( “Cooperative”), for a term of ______ months beginning on , 20 , and ending on , 20 (“Term”), for the total sum of $ for the Term payable in equal installments of $ , in advance, subsequent Rent Payments are due on the first day same date of each month thereafter (or the last day of the termmonth if there is no such date). Lessee hereby authorizes Lessor to adjust the Rent Payment by not more than 15% if the actual Acquisition Cost (which is all amounts Lessor has paid or will pay in connection with the purchase, without demand or deduction therefromdelivery, at such place as and installation of the Landlord may Equipment, including any trade-up and buyout amounts) differs from time to time designate in writing. The first month’s rent must be paid before Tenant occupies the Premisesestimated Acquisition Cost. If this Sublease commences on a day any Rent Payment or other than the first day of a month, the amount of rent payable to be Lessor is not paid for the balance of the first month will be apportioned pro rata, based on the number of days remaining in the month. Tenant’s obligation to pay rent is independent of any other provision in this Sublease. Each Tenant is jointly and severally liable to Landlord for full performance of all Tenant obligations under this Sublease. If Tenant fails to pay to pay any monthly installment of rent, or any additional rent, within five (5) days after the due datedate thereof, Lessee shall pay to Lessor interest on any such late payment from the due date thereof until payment at a late fee in rate of 18% per annum or, if less, the amount of five percent (5%) of the amount of the installment of rent, or of such additional rent, shall be payable highest interest rate permitted by Tenant within thirty (30) days after notice thereof from Landlord. However, payment by Tenant and acceptance by Landlord of a late fee or lesser amount shall not be construed as a waiver of the requirement for Tenant to pay each monthly rent installment on the first day of the month. Nothing in this Sublease constitutes a waiver or limitation of Landlord’s rights to take legal action for unpaid rent, for damages or for repossession of the Premises for non-payment of any installment of rent or other amount payable by Tenant under this Sublease when such rent or other amount becomes due and payable. Any failure by Tenant to pay rent at the time specified will constitute a default under this Sublease, and Landlord may exercise any and all rights and remedies available under this Sublease or under applicable law. Any At the end of the Lease Term, this Lease will automatically renew for additional three-month periods on the same terms and conditions (including the same monthly Rent Payments) unless Lessee gives Lessor ninety (90) days written notice prior to the expiration of the Lease Term or any three-month renewal term and returns the equipment to the Lessor as provided herein. (continued on pages 2 & 3 hereto) 3 LEASE NO: 004295343-002 ------------------------------------------------------------------------------------------------------------------------------------ GUARANTY ------------------------------------------------------------------------------------------------------------------------------------ In consideration of Lessor entering into the lease identified about ("Lease"), the undersigned (collectively, "Guarantor") unconditionally and irrevocably guarantees to Lessor, its successors and assigns, the prompt payment and performance of all obligations of Lessee under the Lease regardless of any circumstance which might otherwise be a defense available to, or a discharge of, Lessee or Guarantor. Guarantor agrees that this is a guaranty of payment and not of collection, and that Lessor can proceed directly against Guarantor without first proceeding against Lessee or the Equipment. Guarantor waives all defenses and notices, including those of protest, presentment and demand, notice of acceptance hereof and all payments required other notices of any kind. Guarantor agrees that Lessor can renew, extend or otherwise modify the terms of the Lease without releasing Guarantor. Guarantor will pay to Lessor all expenses including attorneys' fees incurred by Lessor in enforcing Lessor's rights against Guarantor. This is a continuing guaranty that will not be paid discharged or affected by Tenant Guarantor's death and will bind Guarantor's heirs, administrators and personal representatives. Lessor may, without affecting Guarantor's liability hereunder, compromise or release any rights against Lessee or the Equipment or any Guarantor. Guarantor consents to Landlord the transfer, sale or to any other person under disposition of the Equipment and the Lease. If more than one Guarantor has signed this Sublease will Guaranty each Guarantor agrees that its liability is joint and several. This Guaranty may be deemed enforced by any assignee or successor of Lessor to be additional rent the same extent as Lessor itself may enforce it. Guarantor authorizes Lessor or any of Lessor's affiliates to obtain credit bureau reports regarding Guarantor's personal credit and will be collectible as rentmake other credit inquiries that Lessor determines are necessary. Landlord at its sole discretion may require that rent payments be made by electronic rent collectionTHIS GUARANTY SHALL BE GOVERNED BY THE INTERNAL LAWS OF ILLINOIS. GUARANTOR EXPRESSLY AGREES TO ARBITRATION AS PROVIDED IN PARAGRAPH 13. ------------------------------------------------------------------------------------------------------------------------------------ _________________________________________ ________________________________________ Date: ________________ (Individual Guarantor Name) (Guarantor Social Security Number) ----------------------------------------------------------------------------------------- _________________________________________ ________________________________________ Signature Individual Guarantor - No Title (Home Address) ------------------------------------------------------------------------------------------------------------------------------------ BY SIGNING THIS LEASE, cashier’s checkLESSEE ACKNOWLEDGES THAT IT HAS READ AND UNDERSTANDS THE TERMS AND CONDITIONS ON THE FIRST, certified check or money orderSECOND AND THIRD PAGES OF THIS LEASE. Landlord shall give Tenant a receipt for any payment from Tenant that is made by cash or money order.LESSEE REPRESENTS AND WARRANTS THAT THE INFORMATION IN ANY APPLICATION, STATEMENT, TRADE REFERENCE OR FINANCIAL REPORT SUBMITTED TO LESSOR IS TRUE AND CORRECT AND UNDERSTANDS THAT ANY MATERIAL MISREPRESENTATION SHALL CONSTITUTE A DEFAULT HEREUNDER. LESSEE FURTHER REPRESENTS AND WARRANTS THAT LESSEE HAS FULL POWER AND AUTHORITY TO EXECUTE AND DELIVER THIS LEASE AND PERFORM ITS OBLIGATIONS HEREUNDER, THAT THIS LEASE IS A VALID AND BINDING OBLIGATION OF LESSEE ENFORCEABLE AGAINST LESSEE IN ACCORDANCE WITH ITS TERMS AND THAT THE PERSON EXECUTING THIS LEASE ON BEHALF OF LESSEE IS DULY AUTHORIZED TO DO SO BY ALL NECESSARY ACTION ON THE PART OF LESSEE. ------------------------------------------------------------------------------------------------------------------------------------ LESSEE: LESSOR: INTERACTIVE TELESIS INC DELL FINANCIAL SERVICES L.P. (800) 000-0000 P.O. XXX [XXXXXXXXX], XXXXXXX, XX 00000-0000 FAX (512)000-0000 ------------------------------------------------------------------------------------------------------------------------------------ SIGNATURE /s/ WILLXXX X. [XXLEGIBLE] SIGNATURE ------------------------------------------------------------------------------------------------------------------------------------ TITLE Controller DATE 12/29/98 TITLE DATE ------------------------------------------------------------------------------------------------------------------------------------ 4 LEASE NO: 004295343-002

TERM/RENT. Landlord hereby subleases leases and demises unto Tenant the Premises, hereinafter referred to Tenant, and Tenant hereby subleases from Landlord, Apartment No. (“as "Premises”) " within the building located at Washington_____________, D.C. in the Cooperative apartment building owned by hereinafter referred to as "Building" (including land, improvements and other rights appurtenant thereto). The Claridge House CooperativePremises, Inc. ( “Cooperative”)known and described as Suite _____, for a term of includes approximately ______________ months (__,___) rentable square feet; the Premises as attached hereto and incorporated by reference herein as "Exhibit A". TO HAVE AND TO HOLD the same, together with all appurtenances, unto Tenant, for the term beginning on the later of _____ _ , 20 20__ or the date the Colorado State Controller approves the Lease (“Commencement Date”), and ending on _____ _, 20 20__, at and for a monthly rental (the “TermMonthly Rent”), ) for the total sum full term as shown below: §39-3-124 C.R.S., exempts real property leased by the State of $ Colorado from the levy and collection of property taxes. Therefore, the Adjusted Annual Rent/RSF as shown above does not include the Taxes known at the time of drafting of $__/rsf or any tax based upon real property as defined and required by Article 15; when the current year Taxes are known, the Monthly Rent payment shall be adjusted accordingly. At the Commencement Date, Tenant will have on account for its benefit a rent credit in the Term payable in equal installments amount of $ $__,___.__ pursuant to Exhibit C attached hereto and incorporated by reference herein. Such amount shall be applied against Rent, in advanceTenant Improvements, and/or Furniture Fixtures & Equipment at the sole discretion of and request by Xxxxxx. The Premises are to be used and occupied as general office space. Payment of the Monthly Rent shall be made on the first day of each month of during the termterm hereof, without demand to Landlord at: ________________________________________ ________________________________________ ________________________________________ or deduction therefrom, at such place as the Landlord may from time to time designate designates by notice as provided herein, subject to the limitations and conditions set forth in writing. The first month’s rent must be paid before Tenant occupies the PremisesArticle 11 Fiscal Funding, Article 12 Federal Funding, or Article 20 Collocation, herein. If this Sublease the term herein commences on a day other than the first day of a calendar month, then Tenant shall pay to Landlord the amount of rent to be paid rental for the balance of the first month will be apportioned pro rata, based on the number of days remaining in the month. Tenant’s obligation that exist prior to pay rent is independent of any other provision in this Sublease. Each Tenant is jointly and severally liable to Landlord for full performance of all Tenant obligations under this Sublease. If Tenant fails to pay to pay any monthly installment of rent, or any additional rent, within five (5) days after the due date, a late fee in the amount of five percent (5%) of the amount of the installment of rent, or of such additional rent, shall be payable by Tenant within thirty (30) days after notice thereof from Landlord. However, payment by Tenant and acceptance by Landlord of a late fee or lesser amount shall not be construed as a waiver of the requirement for Tenant to pay each monthly rent installment on the first day of the month. Nothing in this Sublease constitutes a waiver or limitation of Landlord’s rights to take legal action for unpaid rent, for damages or for repossession succeeding month and the first month of the Premises for non-payment Lease shall be the first full calendar month Tenant is in occupancy of any installment of rent or other amount payable by Tenant under this Sublease when such rent or other amount becomes due and payable. Any failure by Tenant to pay rent at the time specified will constitute a default under this Sublease, and Landlord may exercise any and all rights and remedies available under this Sublease or under applicable law. Any and all payments required to be paid by Tenant to Landlord or to any other person under this Sublease will be deemed to be additional rent and will be collectible as rent. Landlord at its sole discretion may require that rent payments be made by electronic rent collection, cashier’s check, certified check or money order. Landlord shall give Tenant a receipt for any payment from Tenant that is made by cash or money orderPremises.

TERM/RENT. Landlord hereby subleases leases and demises unto Tenant the Premises, hereinafter referred to as "Premises" within the building located at [LEASED ADDRESS], hereinafter referred to as "Building" (including land, improvements and other rights appurtenant thereto). The Premises, known and described as [LEASED DESCRIPTION], includes approximately [RENTED SQUARE FEET IN TEXT AND NUMBER FORMAT] rentable square feet; the Premises as attached hereto and incorporated by reference herein as "Exhibit A". TO HAVE AND TO HOLD the same, together with all appurtenances, unto Tenant, and Tenant hereby subleases from Landlord, Apartment No. for the term beginning the later of [LEASE BEGIN DATE] or the date the Colorado State Controller approves the Lease (“Premises”) located at Washington, D.C. in the Cooperative apartment building owned by The Claridge House Cooperative, Inc. ( “CooperativeCommencement Date”), and ending [LEASE END DATE], at and for a term of ______ months beginning on , 20 , and ending on , 20 monthly rental (the “TermMonthly Rent”), ) for the total sum full term as shown below: §39-3-124 C.R.S., exempts real property leased by the State of $ Colorado from the levy and collection of property taxes. Therefore, the Adjusted Annual Rent/RSF as shown above does not include the Taxes known at the time of drafting of $[REAL ESTATE PROPERTY TAX]/rsf or any tax based upon real property as defined and required by Article 15; when the current year Taxes are known, the Monthly Rent payment shall be adjusted accordingly. At the Commencement Date, Tenant will have on account for its benefit a rent credit in the Term payable in equal installments amount of $ $[AMOUNT] pursuant to Exhibit C attached hereto and incorporated by reference herein. Such amount shall be applied against Rent, in advanceTenant Improvements, and/or Furniture Fixtures & Equipment at the sole discretion of and request by Xxxxxx. The Premises are to be used and occupied as general office space. Payment of the Monthly Rent shall be made on the first day of each month of during the termterm hereof, without demand to Landlord at: [PAYMENT ADDRESS] or deduction therefrom, at such place as the Landlord may from time to time designate designates by notice as provided herein, subject to the limitations and conditions set forth in writing. The first month’s rent must be paid before Tenant occupies the PremisesArticle 11 Fiscal Funding, Article 12 Federal Funding, or Article 20 Collocation, herein. If this Sublease the term herein commences on a day other than the first day of a calendar month, then Tenant shall pay to Landlord the amount of rent to be paid rental for the balance of the first month will be apportioned pro rata, based on the number of days remaining in the month. Tenant’s obligation that exist prior to pay rent is independent of any other provision in this Sublease. Each Tenant is jointly and severally liable to Landlord for full performance of all Tenant obligations under this Sublease. If Tenant fails to pay to pay any monthly installment of rent, or any additional rent, within five (5) days after the due date, a late fee in the amount of five percent (5%) of the amount of the installment of rent, or of such additional rent, shall be payable by Tenant within thirty (30) days after notice thereof from Landlord. However, payment by Tenant and acceptance by Landlord of a late fee or lesser amount shall not be construed as a waiver of the requirement for Tenant to pay each monthly rent installment on the first day of the month. Nothing in this Sublease constitutes a waiver or limitation of Landlord’s rights to take legal action for unpaid rent, for damages or for repossession succeeding month and the first month of the Premises for non-payment Lease shall be the first full calendar month Tenant is in occupancy of any installment of rent or other amount payable by Tenant under this Sublease when such rent or other amount becomes due and payable. Any failure by Tenant to pay rent at the time specified will constitute a default under this Sublease, and Landlord may exercise any and all rights and remedies available under this Sublease or under applicable law. Any and all payments required to be paid by Tenant to Landlord or to any other person under this Sublease will be deemed to be additional rent and will be collectible as rent. Landlord at its sole discretion may require that rent payments be made by electronic rent collection, cashier’s check, certified check or money order. Landlord shall give Tenant a receipt for any payment from Tenant that is made by cash or money orderPremises.