Annual Fixed Rent Rate definition

Annual Fixed Rent Rate shall be as defined in Section 1.1.
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Annual Fixed Rent Rate. $331,368 payable in equal monthly installments on the first day of each month in the amount of $27,614.
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Annual Fixed Rent Rate. During the original Term, for the five years commencing on the Commencement Date, Thirty-Seven and 79/100 Dollars ($37.79) per
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Examples of Annual Fixed Rent Rate in a sentence

  • In any event, the Annual Fixed Rent Rate for the Extended Term shall not be less than the Annual Fixed Rent Rate in effect immediately prior to the Extended Term.

  • In any event, the Annual Fixed Rent Rate for the extended term shall not be less than the Annual Fixed Rent Rate in effect immediately prior to such extended term.

  • All of the terms, covenants and provisions of this Lease shall apply to the Extended Term except that the Annual Fixed Rent Rate for such extension period shall be the fair market rate for comparable buildings in the Burlington area (the “Market Rate”) at the commencement of the Extended Term, as designated by Landlord.

  • The arbitrator’s decision as to which estimate shall be the Fair Market Rate for the Extended Term shall be rendered in writing to both Landlord and Tenant and shall be final and binding upon them and shall be the Annual Fixed Rent Rate for the Extended Term.

  • Such arbitrator must choose the proposed Fair Market Rate that he/she determines is closest to the actual market rental rate for the Premises, taking into account that the Annual Fixed Rent Rate must in no event be less than the average Annual Fixed Rent Rate in effect during the immediately preceding term, as specifically set forth in Section 2.3 (B).


More Definitions of Annual Fixed Rent Rate

Annual Fixed Rent Rate. Monthly Fixed Rent Rate:
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Annual Fixed Rent Rate. Effective Date — February 28, 2018: $552,996.00 March 1,2018 — February 28, 2019: $879,180.00 March 1, 2019 — February 29, 2020: $909,492.00 March 1, 2020 — February 28, 2021: $939,816.00 March 1, 2021 — February 28, 2022: $970,128.00 March 1, 2022 — February 28, 2023: $1,000,440.00 March 1, 2023 — April 30, 2024: $1,030,764.00”
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Annual Fixed Rent Rate. The sum of :
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Annual Fixed Rent Rate. The Annual Fixed Rent shall be (a) $1,060,825.50 for the period commencing October 1, 1998 and ending September 30, 2001; and (b) $1,086,083.25 for the period commencing October 1, 2001 and ending on September 30,2003."
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Annual Fixed Rent Rate. $231,392.00 through March 31, 2002; and $260,316.00 thereafter. MONTHLY FIXED RENT RATE: $19,282.67 through March 31, 2002; and $21,693.00 thereafter. LETTER OF CREDIT AMOUNT: $100,000.00, subject to reduction pursuant to Section 4.4.
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Annual Fixed Rent Rate. (Annual Fixed Rent Rate continued) Initial Rent Commencement Date – end of the 9th calendar month of Lease Year 1: $1,001,731.68 (calculation based on 30,000 rsf) First Rent Adjustment Date – end of Lease Year 1: $1,168,686.96 (calculation based on 35,000 rsf) Second Rent Adjustment Date – end of 6th month of Lease Year 2: $1,203,747.60 (calculation based on 35,000 rsf) Full Rent Commencement Date - the end of Lease Year 2: $1,600,158.84 (calculation based on 46,526 rsf) Lease Year 3: $1,648,163.64 Lease Year 4: $1,697,608.44 Lease Year 5: $1,748,536.80 Lease Year 6: $1,800,992.88 Lease Year 7: $1,855,022.64 Lease Year 8: $1,910,673.36 Partial Lease Year: $1,967,993.52 Monthly Fixed Rent Rate: Initial Rent Commencement Date – end of the 9th calendar month of Lease Year 1:: $83,477.64 First Rent Adjustment Date – end of Lease Year 1: $97,390.58 Second Rent Adjustment Date – end of the 6th month of Lease Year 2 $100,312.30 Full Rent Commencement Date - end of Lease Year 2: $133,346.57 Lease Year 3: $137,346.97 Lease Year 4: $141,467.37 Lease Year 5: $145,711.40 Lease Year 6: $150,082.24 Lease Year 7: $154,585.22 Lease Year 8: $159,222.78 Partial Lease Year: $163,999.46
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Annual Fixed Rent Rate. Months 1-12: $1,155,000.00 Months 13-18: $1,182,504.00Months 19-24: $1,505,004.00Lease Year 3: $1,539,996.00 Lease Year 4: $1,629,360.00 Lease Year 5: $1,665,564.00 Lease Year 6: $1,701,780.00 Lease Year 7: $1,737,984.00 Lease Year 8: $1,774,188.00 Monthly Fixed Rent Rate: Months 1-12: $96,250.00 Months 13-18: $98,542.00Months 19-24: $125,417.00Lease Year 3: $128,333.00 Lease Year 4: $135,780.00 Lease Year 5: $138,797.00 Lease Year 6: $141,815.00 Lease Year 7: $144,832.00 Lease Year 8: $147,849.00 Letter of Credit Amount: $375,000.00
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