MONTHLY FIXED RENT definition
MONTHLY FIXED RENT. Tenant shall pay the Annual Fixed Rent of $75,895.00 in EQUAL MONTHLY installments of $6,324.58. All such monthly installments are due ON OR BEFORE THE 1ST of each month, beginning with the first payment due on the Commencement Date.
MONTHLY FIXED RENT. Initial Term: Months 1 - 7—$0 per square foot, per annum Months 8 - 67—$4.00 per square foot, per annum Months 68 - 127—$4.50 per square foot, per annum Renewal Term: Renewal Term Fixed Rent will be at Fair Market Rate TENANT'S INITIAL, MONTHLY INSTALLMENT OF ADDITIONAL RENT: $2,931.88 (Comprised of the following initial annual costs per square foot: Taxes, $0.74, Insurance, $0.06, Operating $0.32) TENANT'S PROPORTIONATE SHARE: 21.08% [subject to adjustment following measurement of the Demised Premises] PLANNED DELIVERY DATE: N/A DEFAULT RATE: The lesser of (1) eighteen percent (18%) per annum, or (2) the maximum rate of interest permitted by law. SECURITY DEPOSIT AMOUNT: $100,000.00 (subject to the terms of Section 3.4 below)
MONTHLY FIXED RENT. RATE: $146,098.00 from the Commencement Date until the day before the Adjustment Date; $163,876.00 from the Adjustment Date through the end of the 5th lease year; and $191,188.67 thereafter. ALLOWANCE: $1,720,698.00 FINAL PLANS DATE: May 12, 2000 LETTER OF CREDIT AMOUNT: $1,966,512.00 BASE OPERATING COSTS: $734,292.00 BASE TAXES: $244,764.00
Examples of MONTHLY FIXED RENT in a sentence
MONTHLY FIXED RENT: $2,378.00/Mo. TENANT'S PERCENTAGE N/A COMMENCEMENT DATE: July 1, 1996 TERM: July 1, 1996 - September 30, 1998 EXPIRATION DATE: September 30, 1998 LANDLORD'S WORK: Repaint the premises, shampoo carpets.
More Definitions of MONTHLY FIXED RENT
MONTHLY FIXED RENT. $26,000.00 plus applicable Florida State Sales Tax (Article 2, Article 36)
MONTHLY FIXED RENT. “Tenant’s Percentage”, “Tenant’s Percentage of Real Estate Taxes for Building”,
MONTHLY FIXED RENT. Twenty Thousand Nine Hundred Forty-Four Dollars ($20,944), per month during the Term.
MONTHLY FIXED RENT. Initial Term: Months 1 – 7 — $0.00 per month Months 8 – 31 — $165,776.01 per month Months 32 – 55 — $177,929.68 per month Months 56 – 91 — $182,305.00 per month Months 92 – 127 — $192,027.93 per annum TENANT’S PROPORTIONATE SHARE: 100%
MONTHLY FIXED RENT. Initial Term: Months 1-7-- $171,688.72 per month Months 8-19-- $196,215.68 per month Months 19-31-- $201,121.07 per month Months 32-43-- $206,149.10 per month Months 44-55-- $211,299.76 per month Months 56-67-- $216,573.06 per month Months 68-79-- $222,030.31 per month Months 80-91-- $227,548.87 per month Months 92-103-- $233,251.39 per month Months 104-121-- $239,076.54 per month First Renewal Term: Months 122-133-- $257,533.08 per month Months 134-145-- $265,259.07 per month Months 146-157-- $273,230.33 per month Months 158-169-- $281,385.55 per month Months 170-181-- $289,847.35 per month Second Renewal Term: Months 182-193-- $306,587.00 per month Months 194-205-- $315,784.61 per month Months 206-217-- $325,288.81 per month Months 218-229-- $335,038.27 per month Months 230-241-- $345,094.33 per month TENANT’S PROPORTIONATE SHARE: 100%
MONTHLY FIXED RENT. Initial Term: