Base Rent definition

Base Rent. As defined in Section 3.1.

Base Rent. $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

Base Rent. The net monthly payment shall be __________________ dollars ($_______________), payable monthly with the first payment due upon the commencement of the Lease and each monthly installment payable thereafter on the ____ day of each month. Said net monthly payment is-hereafter referred to as the "Base Rent". Rent for any period during the term hereon, which is for less than 1 month shall be a pro-rata portion of the monthly rent.

Examples of Base Rent in a sentence

• The price to be paid by Lessee to Lessor for the Property on an Option Date shall be the principal balance of the unpaid purchase price as of that Option Date, as set forth in the Base Rent Schedule attached hereto at Exhibit C plus any accrued and unpaid interest, plus expenses described in Section 7.4 below.

• In the event that Explore holds over, then the Base Rent shall be increased to one hundred fifty percent (150%) of the Base Rent applicable immediately preceding the expiration or termination.

• The monthly Base Rent shall be increased by $2,000 per additional classroom utilized by Explore in Building 10(C) as described in Section 1.3 of this Sublease.

• As used in this Sublease, “Rent” shall include the Base Rent and Additional Rent described below, and all additional charges or expenses to be paid by Explore pursuant to this Sublease.

• If Tenant does not vacate the Premises at the time required, Landlord will have the option to treat Tenant as a tenant from month-to-month, subject to the provisions of this Lease (except the provisions for term and extensions), except that Base Rent will be equal to one hundred fifty percent (150%) of the then applicable Base Rent.

More Definitions of Base Rent

Base Rent. $12,663.50 per month ("BASE RENT"), payable on the first (1st) day of each month commencing January 1, 1994. (See Paragraph 4 for further provisions.) [X] If this box is checked, there are provisions in this Lease for the Base Rent to be adjusted.

Base Rent means the amount obtained by multiplying the Land Value by the Lease Rate Percentage and as periodically adjusted by the Adjustment Period Escalator.

Base Rent has the meaning specified in the Lease.

Base Rent. $9,650.00 per month ("Base Rent"), payable on the first (1st) day of each month commencing August 15, 1997. (Also see Paragraph 4.) [X] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum Par. 50 attached hereto.

Base Rent means, Monthly Base Rent and Final Base Rent, collectively.

Base Rent shall have the meaning provided in Section 3.01.

Base Rent has the meaning set forth in Section 3.1(a).