TERM; RENTAL; ELECTRICAL Sample Clauses

TERM; RENTAL; ELECTRICAL a. This Agreement shall be effective as of the date of execution by both Parties, provided, however, the initial term shall be for five (5) years and shall commence on the Commencement Date (as hereinafter defined) at which time rental payments shall commence and be due at a total annual rental of Twenty-Five Thousand Eight Hundred and 00/100 Dollars ($25,800.00) to be paid in equal monthly installments on the first day of the month, in advance, to the Village of Antioch to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 25 below. The Agreement shall commence based upon the date LESSEE commences installation of the equipment on the Premises. In the event the date LESSEE commences installation of the equipment on the Premises falls between the 1st and 15th of the month, the Agreement shall commence on the 1st of that month and if the date installation commences falls between the 16th and 31st of the month, then the Agreement shall commence on the 1st day of the following month (either the “Commencement Date”). LESSOR and LESSEE agree that they shall acknowledge in writing the Commencement Date. LESSOR and LESSEE acknowledge and agree that initial rental payment(s) shall not actually be sent by LESSEE until thirty (30) days after a written acknowledgement confirming the Commencement Date. By way of illustration of the preceding sentence, if the Commencement Date is January 1 and the written acknowledgement confirming the Commencement Date is dated January 14, LESSEE shall send to the LESSOR the rental payments for January 1 and February 1 by February 13. Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in such event, LESSOR agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE. LESSEE shall also reimburse LESSOR in an amount not to exceed Ten Thousand and 00/100 Dollars ($10,000.00) for all reasonable engineering and final inspection fees incurred by LESSOR in connection with the construction plans and specifications; and LESSOR shall provide LESSEE with copies of actual invoices from the engineering consultant.
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TERM; RENTAL; ELECTRICAL a. This Agreement shall be effective as of the date of execution by both Parties (the “Commencement Date”, provided, however, the initial term shall be for five (5) years and shall commence on the Rent Commencement Date (as hereinafter defined) at which time rental payments shall commence and be due at a total annual rental of Dollars ($ ) (“Rent”) to be paid in equal monthly installments on the first day of the month, in advance, to Borough of Seaside Park or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any Rent payment date by notice given in accordance with Paragraph 23 below. Rental payments shall commence on the first day of the month after the date of bid award, (the "Rent Commencement Date"). An extension of the Rent Commencement Date limit may be granted by LESSOR if there is a delay in obtaining necessary approvals which is beyond the control of LESSEE and/or if LESSOR deems LESSEE is making a good faith effort to obtain necessary approvals. Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and, in such event, XXXXXX agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE.
TERM; RENTAL; ELECTRICAL a. This Agreement shall be effective as of the date of execution by both Parties, provided, however, the initial term shall be for five (5) years and shall commence on the Commencement Date (as hereinafter defined) at which time rental payments shall commence and be due at a total annual rental for each year of the initial term of $24,000.00 to be paid in equal monthly installments to LESSOR or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 25 below. The Agreement shall commence based upon the earlier of:
TERM; RENTAL; ELECTRICAL a. This Agreement shall be effective as of the date of execution by both Parties, provided, however, the initial term shall be for five (5) years and shall commence on the Commencement Date (as hereinafter defined) at which time rental payments of $3.00 per customer, whether commercial or residential, that is served by the LESSEE’S towers, and shall be paid in equal monthly installments on the first day of the month, in advance, to LESSOR.
TERM; RENTAL; ELECTRICAL a.This Agreement shall be effective as of the date of execution by both Parties (the “Commencement Date”, provided, however, the initial term shall be for five
TERM; RENTAL; ELECTRICAL a. This Agreement shall be effective as of the date of execution by both Parties (the “Commencement Date”, provided, however, the initial term shall be for five (5) years and shall commence on the Rent Commencement Date, as defined below, at which time rental payments shall commence and be due at a total annual rental of _______________________________ Dollars ($___________) (“Rent”) to be paid in equal monthly installments on the first day of the month, in advance, to the Borough of Keansburg or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any Rent payment date by notice given in accordance with Paragraph 23 below. Rental payments shall commence on the first day of the month after successful bidder is in receipt of all necessary approvals to begin Construction (the "Rent Commencement Date"). Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and, in such event, XXXXXX agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE.

Related to TERM; RENTAL; ELECTRICAL

  • Equipment Rental Copies of rental agreements for the equipment used, including the rental rate; and the number of hours the equipment was used on the project.

  • 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.

  • Storage Space Throughout the Term of the Lease, Tenant shall have a right to lease from Landlord any storage space in the Project which is available for lease. Initially, Tenant shall lease 1,641 square feet of storage space in the area depicted on Exhibit O attached hereto and made a part hereof (the “Initial Storage Space”). Provided Landlord has the space available (with no obligation of Landlord to demise any space to create different sizes of storage space), Tenant shall have the right, at any time during the Term, to exchange the Initial Storage Space for other storage space in the Building (whether such space is larger or smaller than the Initial Storage Space) and to lease additional storage space from Landlord. Provided Landlord has the space available, Landlord shall deliver such storage space to Tenant within thirty (30) days of Tenant’s written request therefor. In addition, Tenant shall have the right to terminate the lease for the Initial Storage Space or any other storage space leased by Tenant upon the delivery of thirty (30) days prior written notice to Landlord (such termination shall not preclude Tenant from thereafter exercising its rights provided in this Section 20.30 to re-lease the Initial Storage Space or lease different storage space from Landlord; provided such Initial Storage Space or different storage space is available at such time). Hereinafter, the Initial Storage Space and any additions to or replacements thereof shall be referred to collectively as the “Storage Space”. As of the date of this Lease, the annual rental rate for the Storage Space shall be Twelve Dollars per square foot ($12.00/sq. ft.). The rental rate for the Storage Space shall be subject to increases by Landlord from time to time (as and when such rates are increased by Landlord for similar storage space at the Project but in no event shall such increases exceed 2.5% per annum). Tenant shall use the Storage Space solely for the storage of materials, equipment, files, records and furniture related to the use of the Premises. Unless otherwise terminated as provided herein, the term for the Storage Space shall commence on the Commencement Date and shall expire on the Expiration Date. Landlord shall have the right to relocate the Storage Space to other space in the Project provided such space is of comparable size and provided Landlord pays the reasonable moving costs in connection therewith. Landlord agrees to relocate Tenant only if Landlord needs the Storage Space in connection with performing Landlord’s obligations under the Lease. In no event shall the Storage Space be included in the calculation of Tenant’s Share and Tenant shall not be obligated to pay Operating Costs for said space. Landlord shall not provide any services to the Storage Space other than elevator access to and lighting of the Storage Space, at no cost to Tenant (other than as part of Operating Costs as provided in this Lease). Tenant shall accept the Storage Space in its “as-is” condition subject only to any latent defects in the Storage Space but excluding items of damage caused by Tenant or the Tenant Parties. Tenant shall be obligated to maintain, at Tenant’s sole cost and expense, the Storage Space and, at the end of the term for the Storage Space, Tenant shall surrender the Storage Space to Landlord in the same condition as existed as of the date of this Lease, reasonable use, wear and tear thereof and repairs which are Landlord’s obligations under Articles 8, 14 and 15 only excepted. Tenant shall remove all debris and Tenant’s Property from the Storage Space upon such surrender. Tenant shall not assign or sublet all or any part of the Storage Space unless such assignment is made in connection with a Transfer consented to by Landlord (or a Permitted Transfer) pursuant to Article 7 herein. Tenant shall not be permitted to make any alterations or improvements to the Storage Space without the prior consent of Landlord, which may be withheld in Landlord’s sole discretion. Tenant shall maintain the same types and amounts of insurance for the Storage Space as is required for the Premises. Except as provided in this Section 20.30 or implied by the terms hereof, all of covenants, conditions and obligations of Tenant set forth in the Lease with respect to the Premises shall apply to the Storage Space.

  • Rental Equipment 7.1 We will at all times own all Rental Equipment supplied to you. You will not let, sell, charge, assign, sub-license or allow a third party to use the Rental Equipment nor remove any labels, and shall not prejudice our rights in the Rental Equipment in any way. We may replace the Rental Equipment from time to time either with your prior consent or provided that the replacement Rental Equipment is of a specification that is at least equal to the Rental Equipment originally supplied and such change does not materially disrupt the provision of the Services.

  • Rental You may not rent, lease, or lend the SOFTWARE PRODUCT.

  • LEASE ALTERATIONS The Owner hereby gives power to the Agent to initiate, sign, renew, modify, or cancel rental agreements and leases for the Property, or any part thereof and collect and give receipts for rents, other fees, charges, and security deposits.

  • Electrical Equipment Residents must use only CSA, UL-approved or Canadian-certified electrical equipment; the rated wattage of light fixtures must never be exceeded; and only replacement bulbs supplied by Waterloo maintenance staff may be used. Do not leave any unattended electrical equipment turned on (i.e. hair straighteners, lights etc.)

  • Rent The Tenant shall pay the Landlord, in equal monthly installments, $ ("Rent"). The Rent shall be due on the of every month (“Due Date”) and paid under the following instructions: .

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