Rent Start Date definition

Rent Start Date means either (i) the first day of the month following the month in which the Commencement Date occurs or (ii) the Commencement Date, if the Commencement Date occurs on the first day of the month.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Rent Start Date. This shall be the first day of the month following the month during which the Base Term commences; provided, however, that if the Equipment is accepted on the first day of the month, the Rent Start Date shall commence on the same day that the Base Term commences. Base Rental Payment Per Month: $3,247.95 for Months 1 to 12 and $4,904.74 for Months 13 to 42, plus applicable taxes, which amount shall be adjusted in accordance with the Rate Factors and Terms shown hereinbelow: Lease Rate Factor (expressed as a percentage of Equipment's original Purchase Price):

Rent Start Date. The term "Rent Start Date" shall mean November 1, 1999 provided, however, that if the Landlord is unable to so deliver possession of the Leased Premises to Tenant in the agreed condition on or before the Commencement Date, rent shall not commence and Landlord shall not be in default under this Lease, nor shall this Lease be void, voidable or cancelable by Tenant until the lapse of ninety (90) days after the Commencement Date.

Examples of Rent Start Date in a sentence

Lessor is authorized to fill in the Rent Start Date on each Schedule in accordance with the foregoing.
If the Fixed Rent Start Date is not the first day of a calendar month, then the Fixed Rent due for the partial month commencing on the Fixed Rent Start Date shall be prorated based on the number of days in such month.
Should the Rent Start Date (Section A) be other than the first day of the month, Owner may prorate the rent to the first day of the succeeding month.
For purposes of applying the provisions of this paragraph 3.1, the term "month of the Lease Term" shall mean that period which begins on that day of the calendar month in question which corresponds to the Rent Start Date and which continues for thirty (30) or thirty-one (31) days until the day of the next calendar month which precedes the day in that calendar month which corresponds to the Rent Start Date.
The Tenant shall pay the first-quarter rent in full within five Business Days prior to Rent Start Date herein (“Due Date for Payment”).

More Definitions of Rent Start Date

Rent Start Date. This shall be the first day of the month following the month during which the Initial Term commences; provided, however, that if the Equipment is accepted on the first day of the month, the Rent Start Date shall commence on the same day that the Initial Term commences. Initial Rental Amount Per Month: $5,507.50, for Months 1 through 12, plus applicable taxes, and $18,459.88, for Months 13 through 42, plus applicable taxes, which amount shall be adjusted in accordance with the Rate Factors and Terms shown hereinbelow: Lease Rate Factor (as a percentage of Equipment's original Purchase Price): Months 1-12: 1.00% Months 13-42 3.65% Monthly Rental Payments in advance.

Rent Start Date means the start date when the rent between the Lessor and the Tenant shall be calculated and the Tenant shall pay rent to the Lessor, that is 1 January, 2010, except that the Rent Start Date shall be determined otherwise according to “Build to Suit and Pre-Lease Agreement” section 10.3.2.

Rent Start Date means the Commencement Date.

Rent Start Date means October 1, 2004. If the Sublease Term terminates on a day other than the last day of a calendar month (other than termination due to Subtenant’s default or breach), the Taxes and Operating Expenses for such last calendar month shall be prorated on a per diem basis.

Rent Start Date. This shall be the first day of the month following the month during which the Base Term commences; provided, however, that if the Equipment is accepted on the first day of the month, the Rent Start Date shall commence on the same day that the Base Term commences. Lease Rate Factor (expressed as a percentage of Equipment's original Purchase Price). 2.72% Monthly Rental Payments in advance.

Rent Start Date the date of this Lease;

Rent Start Date means the earliest of (a) the 60th day after each party has signed and delivered to the other party or its agent, a copy of the Lease, (b) the day on which Tenant first stores any inventory (other than materials and equipment to be used to construct the Alterations, as defined hereinafter) in the Premises, (c) the day on which any of Tenant's employees or agents first use any of the Premises as office space, or (d) October 1, 1995.