Fixed Monthly Rent which shall be payable in equal monthly installments of $71,795.25; plus
Fixed Monthly Rent. 12% of the Premises Cost (as detailed on Exhibit "E") divided by twelve, subject to proration and adjustment as provided in Section 2.3.
Fixed Monthly Rent which shall be payable initially in equal monthly installments of $[***] beginning on the Rent Commencement Date (which initial Fixed Monthly Rent shall be calculated using a base rate of $[***] per rentable square foot for a Rentable Area of [***] square feet of the Premises), subject to (i) delay of the Rent Commencement Date in accordance with Section 2.1 of this Lease in the event of a Landlord Delay (but only if such Landlord Delay (aggregated with all other Landlord Delays, if any) causes a delay in the construction of the Improvements such that substantial completion occurs on or after May 22, 2011), and (ii) adjustment as provided in Section 3.3 of this Lease; plus
Examples of Fixed Monthly Rent in a sentence
Tenant acknowledges that late payment by Tenant to Landlord of Fixed Monthly Rent or Additional Rent will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which are extremely difficult and impracticable to fix.
Tenant shall pay Fixed Monthly Rent and Additional Rent immediately upon the same becoming due and payable, without demand therefor, and without any abatement, set off or deduction whatsoever, except as may be expressly provided in this Lease.
The receipt and retention by Landlord, and the payment by Tenant, of Fixed Monthly Rent or Additional Rent with knowledge of the breach of any covenant or agreement contained in this Lease shall not be deemed a waiver of such breach by either Landlord or Tenant.
Any other cost, expense, charge, amount or sum (other than Fixed Monthly Rent) payable by Tenant as provided in this Lease shall also be considered Additional Rent.
If the amount of Fixed Monthly Rent or Additional Rent due is modified pursuant to the terms of this Lease, such modification shall take effect the first day of the calendar month immediately following the date such modification would have been scheduled.
More Definitions of Fixed Monthly Rent
Fixed Monthly Rent which shall be payable in equal monthly installments of the amounts set forth in Section 3.3 below; plus
Fixed Monthly Rent. 12% of the Premises Cost (as detailed on EXHIBIT "E") divided by twelve, subject to proration as provided in Section 2.3, which for Lease Years 1-5 shall be Twenty- seven Thousand Eight Hundred Ten and 76/100 Dollars ($27,810.76) per month ($333,729.12 per annum).
Fixed Monthly Rent means, $15,300; (C) "PRIME RATE" shall mean, as of any date of determination, the per annum rate of interest published in the Wall Street Journal on such date as the Prime Rate of interest charged by U.S. banks; and (D) "VARIABLE MONTHLY RENT" shall mean, as of any date of determination, the product of (i) the Financed Amount determined as of such date, and (ii) one-twelfth of the Prime Rate determined as of such date.
Fixed Monthly Rent. Fixed Monthly Rent Increase Three percent (3%) per annum Date of First Increase: October 1, 2000 (provided such date is the first (1st) day of the thirteenth (13th) month of the Term) Frequency of Increase: Annually thereafter 3.7 Security Deposit: $15,495.67 (See also Section 20.22) 4.1 Tenant's Share: 1.78% 4.2 Base Year for Operating Expenses: 2000
Fixed Monthly Rent which shall be payable in equal monthly installments of $13,767.70; plus
a) Additional Rent as provided in Article 4 and elsewhere in this Lease. Provided that Tenant is not in default (after the expiration of time and the opportunity to cure) on or any time prior to the Commencement Date, sixty percent (60%) of the Fixed Monthly Rent due for the second (2nd) through fourth (4th) calendar months of the Term and ten percent (10%) of the Fixed Monthly Rent for the fifth (5th) through seventh (7th) calendar months of the Term (collectively the "Rent Deferral") shall be deferred until the end of the Term. Further provided that no event has occurred which, with the giving of notice or the passage of time or both would constitute a material default by Tenant under this Lease (but subject to Tenant's rights under this Lease and at law to cure such default), Landlord shall, on the last calendar day of the Term, fully abatx xxx forgive the Rent Deferral. If on the last day of the Term, Tenant is in default of its obligations under this Lease beyond any applicable notice and cure period, or if a "Default Termination" is properly made by Landlord pursuant to the provisions of Article 18 hereof, then the full amount of the Rent Deferral, including interest thereon at the rate of ten percent (10%) per annum, computed from the date of such deferral, shall be immediately due and payable as Rent.
Fixed Monthly Rent means the aggregate monthly installments of Adjusted Base Rent (as defined in Section 4 below) and Equipment Rent (if any). On or before the first day of each calendar month of the Term following Tenant’s receipt of the FMR Invoice, Tenant shall pay to Landlord in advance, without demand, abatement (except as expressly permitted in this Lease), deduction or set-off, monthly installments of Fixed Monthly Rent, in lawful money of the United States of America, at the office of Landlord for payment of Rent set forth above, or to such other person or at such other place as Landlord may from time to time designate in writing. Payments of Fixed Monthly Rent for any fractional calendar month shall be prorated. The obligation of Tenant to pay Fixed Monthly Rent and other sums to Landlord and the obligations of Landlord under this Lease (excluding the payment of the allowance amounts on which the TI Rent and the Equipment Rent are based) are independent obligations. Tenant shall have no right at any time to xxxxx, reduce, or set-off any Fixed Monthly Rent (as defined in Section 5) due hereunder except for any abatement as may be expressly provided in this Lease (and except for Tenant’s right to prepay the Equipment Rent as provided in Section 4 below). Notwithstanding anything to the contrary contained herein, so long as no Default has occurred or is continuing under this Lease, Tenant shall not be required to pay Base Rent as a component of Fixed Monthly Rent for the Premises for the period commencing on the first day of the 7th full month of the Base Term through the expiration of the 16th month of the Base Term (“Base Rent Abatement Period”), and Fixed Monthly Rent shall be adjusted accordingly during such period to provide for the payment of TI Rent and Equipment Rent only. Tenant shall resume paying full Base Rent on the first day of 17th month of the Term. Tenant shall continue to pay all TI Rent, Equipment Rent and Additional Rent due under this Lease during the Base Rent Abatement Period.
Fixed Monthly Rent. Defined in Section 4.1.