THE BASE RENT Sample Clauses
THE BASE RENT. 4.01 From and after the Commencement Date, Tenant agrees to pay to Landlord, as minimum net rental for the Initial Term and Option Terms of this Lease, the sum(s) set forth in Paragraph 1.01(g) (the "Base Rent"). The term "Lease Year" as used herein shall be defined to mean a period of twelve (12) consecutive calendar months. The first Lease Year shall begin on the date determined in accordance with Section 3.01. Each succeeding Lease Year shall commence on the anniversary date of the first Lease Year.
THE BASE RENT. 3 SECTION 5.
THE BASE RENT. (Annual Amount) set forth on page 1 of the Schedule of Significant Terms for the period 7/1/89 - 7/14/89 is hereinafter amended to read $1,809,063.84 and the sum of $1,688,459.58 is deleted.
THE BASE RENT and any additional fees or charges under this Lease Agreement, will be referred to and treated as Rent (“Rent Installment(s)”). The total Rent due for the term of this lease is [$] per month or [$] in total.
THE BASE RENT. See exhibit D
THE BASE RENT. 4.01 Tenant agrees to pay to Landlord, as minimum net rental for the original Term of this Lease, the total amount of One Million Three Hundred Forty-Eight Thousand and Ninety-six and no/100 ($1,348,096.00) Dollars in monthly installments as follows: December 1999 through January 2000 $20,792.00 February 2000 through January 2003 $36,292.00
4.02 Each monthly installment of minimum net rental will be paid in advance without any setoffs or deductions, on the first day of each and every month (the "Rent Day") during the Term, at the office of the Landlord at the address first shown above, or at such other place as Landlord from time to time may designate in writing. In the event the Commencement Date is other than the first day of a calendar month, the rental for the partial first calendar month of the Term will be prorated accordingly.
THE BASE RENT. Base Rent is to be paid via check, by Accounts Payable, against your required purchase order. The PO amount should be your base rent (only) times 12 months. For most leases, the purchase order will be issued to Xxxxx Fargo Leasing* and payments will be made to them. (*There are a few exceptions, where the billing contract was made payable to Ricoh.)
THE BASE RENT for the First Extension Term shall be at the greater of (i) the Base Rent at the end of the Original Lease Term or (ii) ninety-five percent (95%) of the then fair rental value for the Leased Premises for the First Extension Term, to be determined as follows: Landlord shall provide Tenant with Landlord's written designation of what it believes ninety-five percent (95%) of the fair rental value to be, indicating the Base Rent to be charged for the First Extension Term, such written designation to be sent to Tenant within thirty (30) days after receipt by Landlord of notice of Tenant's exercise of its option with respect to the First Extension Term. If Tenant disagrees with Landlord's designation and if the parties are otherwise unable to agree upon the fair rental value of the Leased Premises for the First Extension Term, then Tenant may initiate the following arbitration process to determine ninety-five percent (95%) of fair rental value ("Market Rent") by sending written notice thereof to Landlord within thirty (30) days after receipt of Landlord's written designation as to Market Rent. If Tenant fails to initiate this arbitration process as aforesaid, time being of the essence, then Landlord's designation of Market Rent (as set forth in Landlord's notice) shall be conclusive. In order to be effective Tenant's notice to Landlord initiating the arbitration process shall specify the name and address of the person designated to act as an appraiser on its behalf. Within fourteen (14) days after the designation of Tenant's appraiser, Landlord shall give notice to Tenant specifying the name and address of the person designated to act as an appraiser on its behalf. If Landlord fails to notify Tenant of the appointment of its appraiser within the time above specified, then the appointment of the second appraiser shall be made in the same manner as hereinafter provided for the appointment of a third appraiser in a case where two appraisers are appointed hereunder and the parties are unable to agree upon such appointment. The two appraisers so chosen shall meet within ten (10) days after the second appraiser is appointed, and if, within fifteen (15) days after the second appraiser is appointed, the two appraisers shall not agree upon a determination, they shall together appoint a third appraiser. In the event of their being unable to agree upon such appointment within fifteen (15) days after the appointment of the second appraiser, the third appraiser shall be selec...
THE BASE RENT. 4.01 Tenant agrees to pay to Landlord, as a minimum net rental for the original Term of this Lease, the total amount of Three Million Either Hundred Seventy-Seven Thousand, Four Hundred Sixty-Seven and 90/100 Dollars ($3,877,467.90), in monthly installments of Twenty-Nine Thousand Three Hundred Twenty Four and 46/100 ($29,324.46) Dollars for months 1-48; Thirty-Two Thousand, Nine Hundred Twenty and 85/100 ($32,920.85) Dollars for months 49-96; and Thirty-Seven Thousand Seventy and 54/100 ($37,070.54) Dollars for months 97-120.
4.02 Each monthly installment of minimum net rental will be paid in advance, without any setoffs or deductions, on the first day of each and every month (the "Rent Date") during the Term, at the office of the Landlord (P.O. Xxx 00000, Xxxxxxx, Xxxxxxxx 60675- 5460) or at such other place as Landlord from time to time may designate in writing. Landlord acknowledges receipt of Twenty-Nine Thousand Three Hundred Twenty-Four and 46/100 Dollars ($29,324.46), representing the first month's rent. In the event the Commencement Date is other than the first day of a calendar month, the rental for the partial first calendar month of the Term will be prorated accordingly.
4.03 Except as otherwise provided herein, Landlord and Tenant acknowledge and agree that this is a net lease, and that it must yield, net, to Landlord during the original Term, not less than the minimum net rent shown in Section 4.01. All costs, expenses and charges of every nature relating to the Premises which may be attributable to, or become due during, the Term will be paid by Tenant, and Tenant will indemnify and hold harmless Landlord from and against such costs, expenses and charges.
THE BASE RENT under Section 1.13 of the Lease shall be calculated without reference to this Second Amendment until February 8, 1999 and thereafter shall be as follows: February 8, 1999 to January 9, 2000 $48,229 January 10, 2000 to February 7, 2001 $49,780 February 8, 2001 to January 9, 2002 $52,252 January 10, 2002 to February 7, 2003 $53,458 February 8, 2003 to February 9, 2004 $56,133