Base Rental definition

Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

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, in the form attached hereto as Exhibit B, to be executed and delivered to Landlord before the Commencement Date; provided, however, that Base Rental for the first year of Term for the Premises shall be as follows: Year Per Square Foot First Floor Per Square Foot Second Floor Total Per Annum Total Per Month 1 $ 29 $ 27 $ 525,385 $ 43,782

Examples of Base Rental in a sentence

• Amounts required to be deposited by the City with the Trustee pursuant to this Section on any date shall be reduced to the extent of available amounts on deposit in the Base Rental Payment Fund, the Interest Fund or the Principal Fund.

• The City and the Authority hereby acknowledge the assignment of this Lease Agreement (except for the Authority’s obligations and its rights to give consents or approvals hereunder), and the Base Rental Payments payable hereunder, to the Trustee pursuant to the Assignment Agreement.

• The obligation of the City to make the Base Rental Payments does not constitute a debt of the City or of the State of California, or of any political subdivision thereof, within the meaning of any constitutional or statutory debt limit or restriction, and does not constitute an obligation for which the City or the State of California is obligated to levy or pledge any form of taxation or for which the City or the State of California has levied or pledged any form of taxation.

• CITY OF XXXXXX VALLEY ATTEST: By: City Manager City Clerk XXXXXX VALLEY PUBLIC FINANCING AUTHORITY ATTEST: By: Executive Director Secretary EXHIBIT A DESCRIPTION OF THE PROPERTY EXHIBIT B BASE RENTAL PAYMENT SCHEDULE Interest Payment Date* Principal Component Interest Component Total Base Rental * Base Rental Payments to be made no later than the Base Rental Deposit Date preceding each Interest Payment Date.

• Each installment of Base Rental Payments payable hereunder shall be paid in lawful money of the United States of America to or upon the order of the Authority at the principal office of the Trustee in San Francisco, California, or such other place or entity as the Trustee shall designate.

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

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

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 means the sum of $126,562.50 per annum as adjusted under Paragraph 29 hereof. 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 means the amounts specified as such in Section 3.1(a) of the Sublease, as such amounts may be adjusted from time to time in accordance with the terms of the Sublease, but does not include Additional Rental.

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