Base Rental definition

Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term as set forth in the Base Rental Agreement by and between Landlord and Tenant.

Base Rental and “Base Rental Payments” means all amounts payable to the Authority from the County as Base Rental Payments pursuant to Section 3.01 hereof.

Examples of Base Rental in a sentence

• The proceeds of rental interruption insurance shall be used to pay Base Rental Payments.

• The proceeds of any insurance (other than rental interruption insurance), received in respect of destruction of or damage to any portion of the Leased Premises by fire or other casualty or event, not applied to repairing or replacing such damaged or destroyed property, shall forthwith be applied to the prepayment of the Principal Component of Base Rental Payments outstanding.

• The Sublessee shall have the right during the Sublease Term to make any additions or improvements to the Leased Premises, to attach fixtures, structures or signs, and to affix any personal property to the Leased Premises, so long as the fair rental value of the Leased Premises is not thereby reduced below the Base Rental payable under this Sublease.

• The Base Rental Payments payable by the Sublessee shall be due on the second business day preceding May 1 and the second business day preceding November 1 during the Sublease Term.

• The obligation of the Sublessee to pay Base Rental shall commence on the Closing Date.

More Definitions of Base Rental

Base Rental means the highest minimum guaranteed rental charged during the lease term in which the adjustment of rental is computed.

Base Rental means the “Base Rental” set forth in the Basic Lease Terms.

Base Rental means the sum of $156,271.50 as described on the Base Rental Schedule attached hereto and made a part hereof as adjusted under Paragraph 6 hereof and under any other provision of this Lease. The Base Rental due for the first month of the Lease Term (as hereafter defined) has been deposited with Landlord by Tenant contemporaneously with the execution hereof.

Base Rental. The total sum of $247,500.00 payable to Lessor at 901 St. Louis Street, Suite 106, Springfield, Missouri 65806, or sucx xxxxx xxxxx xx xxx xx xxxxxxxxxx xx Xxxxxx xx Xxxxxx xx xxiting, shall be due and payable in equal monthly installments of $6,875.00 in advance and without demand or offset on the first day of each calendar month during the Lease Term or any renewal period hereof; the first of such installments shall be paid on the date hereof. If Lessee's occupancy under this Agreement commences on any day other than the first day of a calendar month, then a prorata portion of the Base Rental applicable to the partial first month of occupancy shall be paid on or before the first day of occupancy and shall be in addition to the total Base Rental set forth above.

Base Rental has the meaning set forth in the Trust Agreement.

Base Rental means ONE DOLLAR AND NO 00/100THS ($1.00) payable to City annually as hereinafter provided from current revenues available to Tenant.

Base Rental means the Base Rental payable by the Tenant in accordance with Section 2.3.