Rent Abatement Period definition

Rent Abatement Period means the twelve (12) month period from the Commencement Date with respect to each Phase, as well as for the Expansion Premises, if any, from the Expansion Premises Commencement Date and shall include any period of time during which Tenant occupies the Temporary Premises.
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Rent Abatement Period is defined in Section 5.2.
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Rent Abatement Period has the meaning ascribed in Paragraph 4.4 7
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Examples of Rent Abatement Period in a sentence

  • During the Partial Rent Abatement Period, the rent abatement set forth above is for Base Rent only and Tenant shall pay all Additional Rent, including but not limited to Additional Rent for Taxes and/or Operating Costs, and for the cost of utilities supplied to the Premises during the Partial Rent Abatement Period and for any services directly contracted for by the Tenant.

  • In addition, so long as Tenant is not in default under the Lease, as amended hereby, Tenant shall be entitled to an abatement of Tenant’s Pro Rata Share of Operating Expenses during the Rent Abatement Period (collectively with the Abated Base Rent, the “Abated Rent”).

  • In the event Owner terminates this Agreement during the Rent Abatement Period, then Owner acknowledges and agrees that a reasonable and liquidated cost to be reimbursed to Tenant as a result of such termination is the value of the total rent abatement that would have been provided during the remaining Rent Abatement Period.

  • Provided that Tenant is not then in monetary or material non-monetary default under the Lease, as hereby amended, beyond any applicable notice and cure period, Tenant shall not be required to pay any Base Rent attributable to the Premises (the "Base Rent Abatement") during the two (2) month period commencing on February 1, 2015 and ending on March 31, 2015 (the "Base Rent Abatement Period").

  • Notwithstanding the terms of Section 4 above, Tenant’s obligation to pay Minimum Rent shall be waived for three (3) months commencing on the first day of the first full month after Tenant has commenced operating in the Expansion Space (the “Rent Abatement Period”); provided, however, that Tenant shall be responsible for the payment of Additional Rent during such Rent Abatement Period.

  • During the Rent Abatement Period, only Rent shall be abated, and all other costs and charges specified in this Sublease shall remain as due and payable pursuant to the provisions of this Sublease.

  • As long as the County is not in default of its obligations beyond any applicable cure period under this Lease, Landlord shall xxxxx one hundred percent (100%) of the Base Monthly Rent for the Base Monthly Rent Abatement Period.

  • During the Base Rent Abatement Period, only Base Rent shall be abated, and all Additional Rent and other costs and charges specified in this Amendment and the Lease shall remain as due and payable pursuant to the provisions of the Lease and this Amendment.

  • Provided that Tenant is not then in default of the Lease, as amended, then during the months of July and August for calendar years 2013, 2014, 2015, 2016, 2017, 2018, and 2019 (the foregoing 14 months to be known collectively as the “Rent Abatement Period”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises during such Rent Abatement Period (the “Rent Abatement”).

  • If an Event of Default shall occur during such New Rent Abatement Period, Tenant shall not be entitled to any abatement of Base Rent in connection with the Premises during any part of the New Rent Abatement Period occurring after such Event of Default occurs.


More Definitions of Rent Abatement Period

Rent Abatement Period means, as applicable to any tenant by virtue of [Applicable Law] or consensual agreement, the period for which such tenant is excused from the obligation to make current payments on account of rent or other amounts to which the landlord is entitled under a lease or oc- cupancy agreement.
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Rent Abatement Period means the period from the date of this Agreement until the commencement of regular payments of Rent with respect to Suites 200 and 220 of the Project (expected to be in the calendar months of December 2017 (the “Suite 200 Rent Abatement Period”) and April, 2018 (the “Suite 220 Rent Abatement Period”), respectively).
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Rent Abatement Period. Tenant shall pay no Yearly Fixed Rent for the first two (2) years of the lease term (August 1, 2002 through July 31, 2004) for 21,500 rentable square feet of space.
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Rent Abatement Period means the period commencing on the Commencement Date and ending on the day prior to the Rent Commencement Date. Notwithstanding anything herein to the contrary, Landlord agrees not to demand or collect, and Tenant shall have no obligation to pay, monthly Base Rent or Additional Rent payable under Section 3.4 below for the Rent Abatement Period.
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Rent Abatement Period. Tenant shall have a seven (7) month Rent Abatement Period, commencing on the first day of the first calendar month of the Lease term, and terminating on the last day of the seventh month of the Lease term. During this seven month period, Tenant shall not be obligated to pay Basic Annual Rent, but shall pay Additional Rent.
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Rent Abatement Period as used in this Lease is defined in Paragraph 5(a) of the Summary.
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Related to Rent Abatement Period

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Base Rent As defined in Section 3.1.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Extension Term means the time period defined in §2.C.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.