Common use of Types of Rental Payments Clause in Contracts

Types of Rental Payments. Tenant shall pay rents of (a) net base rent payable in monthly installments as set forth in Section 1.11 hereof, in advance, on the first day of each and every calendar month during the Term of this Lease (the “Base Rent”); and (b) Tenant’s Proportionate Share of Operating Expenses (defined below) and any other amounts owed by Tenant hereunder (collectively, “Additional Rent”); and (c) in the event any monthly installment of Base Rent or Additional Rent, or both, is not paid within 10 days of the date when due, a late charge in an amount equal to 5% of the then-delinquent installment of Base Rent and/or Additional Rent (the “Late Charge”; the Late Charge, Base Rent and Additional Rent shall collectively be referred to as “Rent”), to Xxxxxx XX, LLC Attn: Xxx Xxxxxxx, 0000 Xxx xx Xxx Xxxx., Xxxxx 000, Xxxxx, XX 00000 (or such other entity designated as Landlord’s management agent, if any, and if Landlord so appoints such a management agent, the. Agent”), or pursuant to such other directions as Landlord shall designate in this Lease or otherwise in writing.

Appears in 1 contract

Samples: Lease Agreement (Digital Lightwave Inc)

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Types of Rental Payments. Tenant shall pay rents of (a) net base rent payable in monthly installments as set forth in Section 1.11 hereofEXHIBIT "B" attached hereto, in advance, on the first day of each and every calendar month during the Term term of this Lease (the "Base Rent"); and (b) Tenant’s Proportionate Share the Additional Rent (as hereinafter defined) in accordance with Section 3 below and other applicable provisions of Operating Expenses (defined below) and any other amounts owed by Tenant hereunder (collectively, “Additional Rent”)this Lease; and (c) in the event any monthly installment or other required payment of Base Rent or Additional Rent, or both, is not paid within 10 ten (10) days of the date when due, a late charge in an amount equal to five percent (5% %) of the then-delinquent installment or payment of Base Rent and/or Additional Rent (the "Late Charge"; the Late Charge, Base Rent and Additional Rent shall collectively be referred to as "Rent"), to Xxxxxx XXLandlord, LLC Attn: c/o First Industrial Management Corporation, X.X. Xxx 00000, Xxxxxxx, Xxxxxxxx 00000-0000 Xxx xx Xxx Xxxx., Xxxxx 000, Xxxxx, XX 00000 (or such other entity designated as Landlord’s 's management agent, if any, and if Landlord so appoints such a management agent, the. the "Agent"), or pursuant to such other directions as Landlord shall designate in this Lease or otherwise in writingotherwise.

Appears in 1 contract

Samples: Industrial Building Lease (Gantos Inc)

Types of Rental Payments. Tenant shall pay rents effective as of the Commencement Date of (a) net base rent payable in monthly installments as set forth in Section 1.11 hereofExhibit "B" attached hereto (the "Net Base Rent"), in advance, on the first day of each and every calendar month during the Term term of this Lease (the “Base Rent”)Lease; and (b) Tenant’s Proportionate Share all costs, expenses and charges of Operating Expenses every nature relating to, or incurred in connection with, the ownership and operation of the Premises and that are attributable to or become due during the Term (defined below) and any other amounts owed by Tenant hereunder (collectively, “"Additional Rent"); and (c) in the event that any monthly installment of Net Base Rent or Additional Rent, or both, is not paid within 10 ten (10) days of the date when due, due a late charge in an amount equal to five percent (5% %) of the then-delinquent installment of Net Base Rent and/or Additional Rent (the "Late Charge"; the Late ChargeNet Base Rent, Base Additional Rent and Additional Rent Late Charge shall collectively be referred to as "Rent"). All Rent shall be paid to Landlord c/o First Industrial, to Xxxxxx XXL.P., LLC Attn: Xxx 75 Rxxxxxxxxx Xxxxx, Xxxxx 0000, Xxxxxxx, 0000 Xxx Xxxxxxxx 00000-0000, xx Xxx Xxxx.if sent by overnight courier, The Northern Trust Co., 801 Xxxxx 000Xxxxx Xxxxxx, Xxxxx0xx Xxxxx Xxxeipt and Dispatch, XX 00000 Chicxxx, Xxxxxxxx 00000, Xxtn: First Industrial, L.P., Suit 1449 (or to such other entity designated as Landlord’s 's management agent, if any, and if Landlord so appoints such a management agent, the. the "Agent"), or pursuant to such other directions as Landlord shall designate in this Lease or otherwise in writingotherwise.

Appears in 1 contract

Samples: Industrial Building Lease (Sabratek Corp)

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Types of Rental Payments. Tenant shall pay rents of (a) net -------------------------- base rent payable in monthly installments as set forth in Section 1.11 hereofExhibit "B" attached hereto (the "Net Base Rent"), in advance, on the first day of each and every calendar month during the Term term of this Lease (the “Base Rent”)Lease; and (b) Tenant’s Proportionate Share all costs, expenses and charges of Operating Expenses every nature relating to, or incurred in connection with, the ownership and operation of the Premises and that are attributable to, or become due, during the Term (defined below) and any other amounts owed by Tenant hereunder (collectively, “"Additional Rent"); and (c) in the event that any monthly installment of Net Base Rent or Additional Rent, or both, is not paid within 10 ten (10) days of the date when due, a late charge in an amount equal to five percent (5% %) of the then-then- delinquent installment of Net Base Rent and/or Additional Rent (the "Late Charge"; the Late ChargeNet Base Rent, Base Additional Rent and Additional Rent Late Charge shall collectively be referred to as "Rent"). All Rent shall be paid to Landlord x/x Xxxxx Xxxxxxxxxx, to Xxxxxx XXX X., LLC Attn: X.X. Xxx 00000, Xxxxxxx, 00000-0000 Xxx xx Xxx Xxxx., Xxxxx 000, Xxxxx, XX 00000 (or to such other entity designated as Landlord’s 's management agent, if any, and if Landlord so appoints such a management agent, the. the "Agent"), or pursuant to such other directions as Landlord shall designate in this Lease or otherwise in writingotherwise.

Appears in 1 contract

Samples: Industrial Building Lease (Lasermaster Technologies Inc)

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