Basic Monthly Rent definition

Basic Monthly Rent. $2.15 per Rentable Square Foot (subject to adjustment as provided in attached Addendum No. 1). Basic Monthly Rent shall always be due on or before the first day of the applicable month.

Basic Monthly Rent. $3.70 per Rentable Square Foot, net of electricity and other utilities, subject to adjustment pursuant to attached Addendum No. 1. Basic Monthly Rent will always be due and payable on or before the first day of the applicable month, except that the first month’s Basic Monthly Rent will be due and payable upon the date of Landlord’s execution of this Lease.

Basic Monthly Rent means $48,333.33 per calendar month, as the same may be increased from time to time pursuant to the provisions of Paragraph 4.2.

Examples of Basic Monthly Rent in a sentence

• Notwithstanding the foregoing, concurrently with its execution of this Lease, Tenant shall pay to Landlord in advance the Basic Monthly Rent for the first full calendar month following the Commencement Date in which full Basic Monthly Rent is payable.

• Notwithstanding anything in the Lease to the contrary, including, without limitation, Paragraph 1.1 of the Lease, Tenant shall have no right to axxxx Basic Monthly Rent, except as expressly set forth herein with respect to December 2024.

• In the event this Lease includes Renewal Options, Basic Monthly Rent during any exercised Renewal Term shall be as set forth in or as otherwise determined in accordance with Section 3 of this Lease; provided, however, that payment of Basic Monthly Rent during any such Renewal Term shall otherwise be made in accordance with the provisions of this Section 4.

• Accordingly, Basic Monthly Rent payable for the month of December 2024 shall be $21,855.94.

• Tenant covenants to pay to Landlord without abatement (except as expressly provided in this Lease), deduction, offset, prior notice or demand the Basic Monthly Rent in lawful money of the United States at such place as Landlord may designate, in advance on or before the first day of each calendar month during the Term, commencing on the Commencement Date (unless otherwise set forth in Paragraph 1.1).

More Definitions of Basic Monthly Rent

Basic Monthly Rent means the following amount(s) per calendar month for the period(s) indicated; provided, however, that if the Rent Commencement Date occurs on a date other than the date set forth in Paragraph 1.13, the periods set forth below shall begin on such other date (as memorialized in the Rent Commencement Date Certificate attached as Exhibit D) and shall shift accordingly: February 1, 2019 through $27,198.50 per month $21.00 January 31, 2020 , inclusive February 1, 2020 through $28,493.67 per month $22.00 January 31, 2021 , inclusive February 1, 2021 through $29,788.83 per month $23.00 January 31, 2022 , inclusive February 1, 2022 through $31,084.00 per month $24.00 January 31, 2023 , inclusive February 1, 2023 through $32,379.17 per month $25.00 January 31, 2024 , inclusive Basic Monthly rent for the month of December of each year from 2019 through 2023 shall be abated including additional rent for Tenant’s Share of Operating Expenses.

Basic Monthly Rent means the following amount(s) per calendar month for the period(s) indicated: ___________________through ____________________, inclusive $________per month $___________ ___________________ through ____________________, inclusive $________per month $___________ ___________________through ____________________, inclusive $________per month $___________ ___________________through ____________________, inclusive $________per month $___________ ___________________through ____________________, inclusive $________per month $___________ LANDLORD AND TENANT have executed this Commencement Date Certificate on the respective dates set forth below. WCF Mutual Insurance Company By Its Date By Fatpipe Networks Print or Type Name of Signatory: Its Chief Executive Officer Date Tenant Name: ____________________________________________________________________________________ Tenant Address:__________________________________________________________________________________ RE: The undersigned, as Lessee, under that certain Lease dated ______________, made with __________________, as Lessor,hereby ratifies said Lease and certifies that:

Basic Monthly Rent means the following amount(s) per calendar month for the period(s) indicated: July 1, 2024 – June 30, 2025 $ 29,141.25 $ 22.50 July 1, 2025 – June 30, 2026 $ 30,015.49 $ 23.18 July 1, 2026 – June 30, 2027 $ 30,915.95 $ 23.87 July 1, 2027 – June 30, 2028 $ 31,843.43 $ 24.59

Basic Monthly Rent. The initial Basic Monthly Rent (as of the Rent Commencement Date) will be $2.25 per month, per Rentable Square Foot of space in the Premises. The Basic Monthly Rent will increase annually pursuant to Paragraph 7.2, below. Basic Monthly Rent will always be due and payable in advance, on or before the first day of the applicable month, except that the first month’s Basic Monthly Rent will be due and payable concurrently with Tenant’s execution of this Lease.

Basic Monthly Rent means the sum of the following, on a fully net basis: (a) the product of $2.65 multiplied by the number of Rentable Square Feet of the Premises, plus (b) the product of 0.01559 multiplied by the Additional Allowance, if any. Basic Monthly Rent is increased by 3.5% on the first day of the calendar month that is one year after the Commencement Date, and again on each anniversary of such date of rent increase.

Basic Monthly Rent. [***] (subject to ----- adjustment as provided in attached Addendum No. 1). Basic Monthly Rent shall -------------- always be due on or before the first day of each month when due.

Basic Monthly Rent means the following amount(s) per calendar month for the period(s) indicated: