Fixed Rent definition

Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

Fixed Rent means the Fixed Rent in effect immediately prior to the date upon which this Lease and the Demised Term shall have expired and come to an end, or the date of re-entry upon the Demised Premises by Owner, as the case may be, adjusted to reflect any increases pursuant to the provisions of Article 23 for the Escalation Year and Tax Escalation Year immediately preceding such event.

Fixed Rent has the meaning set forth in Section 3.1.

Examples of Fixed Rent in a sentence

• Notwithstanding that Exhibit A-1 attached to this Amendment shows that the Storage Space contains 510 usable square feet, the Storage Space shall be deemed to contain 500 usable square feet for purposes of determining Fixed Rent and Recurring Additional Rent under the Lease.

• The Rent Credit shall be applied as a credit in the amount of Fifty-Two Thousand Four Hundred Ninety and 81/100 Dollars ($52,490.81) against the monthly payment of Fixed Rent payable under the Lease for the period of time commencing on the New Term Commencement Date and ending May 31, 2030; provided that the following conditions are satisfied: (i) the Lease is in full force and effect; and (ii) no monetary Event of Default then exists under the Lease.

• After the Condemnation Effective Date, all Fixed Rent shall decrease by a fraction whose numerator is the amount of the Condemnation Award paid to Landlord and whose denominator is the Market Value of the Fee Estate immediately before the Condemnation Effective Date.

• In addition to all other credits provided to Tenant under this Sixth Modification Agreement, Landlord agrees to provide Tenant a rent credit totaling Six Hundred Sixty-Eight Thousand Nineteen and 00/100 Dollars ($668,019.00) (the “Transaction Credit”), against the monthly payment of Fixed Rent payable on and after March 1.2024 under the Lease provided that the following conditions are satisfied: (i) the Lease is in full force and effect; and (ii) no monetary Event of Default then exists under the Lease.

• All items of Fixed Rent and Additional Charges, including Real Estate Taxes, with respect to the Third Additional Premises shall be adjusted as of the Third Additional Premises Expiration Date as set forth in the Lease.

More Definitions of Fixed Rent

Fixed Rent means the Base Rent (as defined in the Operating Lease) payable under the Operating Lease.

Fixed Rent means any rent to the extent its amount and the time at which it is required to be paid are fixed and determinable under the terms of the rental agreement as of the lease date. The following rules apply for the purpose of determining the extent to which rent is fixed rent:

Fixed Rent means rent at the annual rental rate or rates provided for in Schedule B annexed hereto and made a part hereof.

Fixed Rent as defined in Article 2.

Fixed Rent means fixed rent in the amounts set forth below: TIME PERIOD FIXED RENT PER R.S.F. ANNUALIZED FIXED RENT MONTHLY INSTALLMENT Commencement Date – end of Abatement Period $0.00 $0.00 $0.00 Fixed Rent Start Date – end of Rent Period 1 $23.00 $71,576.00 $5,964.67 Rent Period 2 $23.50 $73,132.00 $6,094.33 Rent Period 3 $24.00 $74,688.00 $6,224.00 Rent Period 4 $24.50 $76,244.00 $6,353.67 Rent Period 5 $25.00 $77,800.00 $6,483.33 Rent Period 6 – Expiration Date $25.50 $79,356.00 $6,613.00

Fixed Rent as follows:

Fixed Rent is defined and shall have the meaning specified in the Basic Lease Information.