Annual Basic Rental means an amount equal to the product of the following applicable figure multiplied by Tenant's Floor Area: Rental Years 1 - 2: $100.00 Rental Years 3 - Termination Date: $110.00
Annual Basic Rental has the meaning ascribed to it in Section 2.8(a). “Approval” has the meaning ascribed to it in Section 3.4.1.
Annual Basic Rental means the then current annual basic rental due from the Developer to the CRA.
Examples of Annual Basic Rental in a sentence
Annual Basic Rental shall be paid annually in advance commencing on the second day of January in the year succeeding the end of the first Rental Year and shall be paid to the CRA at 00 X.X. Xxxxx Xxxxxx, Xxxxx 000, Xxxxx, Xxxxxxx 00000, or at such other place as the Executive Director shall designate from time to time in a notice given pursuant to the provisions of Section 22.5 in the amount specified on Exhibit F.
Annual Basic Rental applicable for the balance of the calendar year from the Rent Commencement Date until the end of the first year shall be due within ten (10) days of the Rent Commencement Date.
In addition to the Annual Basic Rental, Developer shall pay directly to the State of Florida all sales and/or use taxes due with respect to any Rental paid pursuant to this Lease and Developer shall promptly provide the CRA evidence of such payment.
Annual Basic Rental shall commence on the Rent Commencement Date.
Annual Basic Rental shall be payable in equal monthly installments.
More Definitions of Annual Basic Rental
Annual Basic Rental shall, for each Rental Year, be the amount of set forth below: Rental Year Annual Basic Rental Monthly Installment 1 $ 740,753.00 $ 61,729.42 2 $ 757,419.94 $ 63,118.33 3 $ 774,461.89 $ 64,538.49 4 $ 791,887.28 $ 65,990.61 5 $ 809,704.74 $ 67,475.40 6 $ 827,923.10 $ 68,993.59 7 $ 846,551.37 $ 70,545.95 8 $ 865,598.78 $ 72,133.23 9 $ 885,074.75 $ 73,756.23 10 $ 904,988.93 $ 75,415.74 11 $ 925,351.18 $ 77,112.60 12 $ 946,171.58 $ 78,847.63 13 $ 967,460.44 $ 80,621.70 14 $ 989,228.30 $ 82,435.69 15 $ 1,011,485.94 $ 84,290.50 16 $ 1,034,244.37 $ 86,187.03 17 $ 1,057,514.87 $ 88,126.24 18 $ 1,081,308.95 $ 90,109.08 19 $ 1,105,638.40 $ 92,136.53 20 $ 1,130,515.26 $ 94,209.61 21 $ 1,155,951.85 $ 96,329.32 22 $ 1,181,960.77 $ 98,496.73 23 $ 1,208,554.89 $ 100,712.91 24 $ 1,235,747.38 $ 102,978.95 25 $ 1,263,551.70 $ 105,295.98 26 $ 1,291,981.61 $ 107,665.13 27 $ 1,321,051.20 $ 110,087.60 28 $ 1,350,774.85 $ 112,564.57 29 $ 1,381,167.28 $ 115,097.27 30 $ 1,412,243.54 $ 117,686.96 31 $ 1,444,019.02 $ 120,334.92 32 $ 1,476,509.45 $ 123,042.45 33 $ 1,509,730.91 $ 125,810.91 34 $ 1,543,699.86 $ 128,641.66 35 $ 1,578,433.11 $ 131,536.09 36 $ 1,613,947.85 $ 134,495.65 37 $ 1,650,261.68 $ 137,521.81 38 $ 1,687,392.57 $ 140,616.05 39 $ 1,725,358.90 $ 143,779.91 40 $ 1,764,179.48 $ 147,014.96 Additionally, Annual Basic Rental, shall for the first ten Rental Years, be subject to increase as provided for in Section 7.1(d). If Tenant elects to receive the Reduced Allowance, rather than the Allowance, pursuant to Section 7.1(c), then the Annual Basic Rental shall, for each Rental Year, be the amount of set forth below: Rental Year Annual Basic Rental Monthly Installment 1 $ 563,000.00 $ 46,916.67 2 $ 575,667.50 $ 47,972.29 3 $ 588,620.02 $ 49,051.67 4 $ 601,863.97 $ 50,155.33 5 $ 615,405.91 $ 51,283.83 6 $ 629,252.54 $ 52,437.71 7 $ 643,410.72 $ 53,617.56 8 $ 657,887.46 $ 54,823.96 9 $ 672,689.93 $ 56,057.49 10 $ 687,825.46 $ 57,318.79 11 $ 703,301.53 $ 58,608.46 12 $ 719,125.81 $ 59,927.15 13 $ 735,306.14 $ 61,275.51 14 $ 751,850.53 $ 62,654.21 15 $ 768,767.17 $ 64,063.93 16 $ 786,064.43 $ 65,505.37 17 $ 803,750.88 $ 66,979.24 18 $ 821,835.28 $ 68,486.27 19 $ 840,326.57 $ 70,027.21 20 $ 859,233.92 $ 71,602.83 21 $ 878,566.68 $ 73,213.89 22 $ 898,334.43 $ 74,861.20 23 $ 918,546.95 $ 76,545.58 24 $ 939,214.26 $ 78,267.86 25 $ 960,346.58 $ 80,028.88 26 $ 981,954.38 $ 81,829.53 27 $ 1,004,048.35 $ 83,670.70 28 $ 1,026,639.44 $ 85,553.29 29 $ 1,049,738.83 $ 87,478.24 30 $ 1,073,357...
Annual Basic Rental. Two Hundred Ten Thousand Eight Hundred Fifty and No/100 Dollars ($210,850.00) per year, payable in twelve (12) equal monthly installments of Seventeen Thousand Five Hundred Seventy and 83/100 Dollars ($17,570.83).
Annual Basic Rental shall be the amounts set forth below for the applicable period, as follows: Rent Free Months: $0.00.
Annual Basic Rental means a sum equal to the product of the following applicable figure multiplied in each case by the number of square feet contained in Tenant's Floor Area. RENTAL YEARS 1-2 $16.00 RENTAL YEAR 3 $17.00 RENTAL YEARS 4-5 $18.00
Annual Basic Rental. Tenant shall pay in advance on the first day of each month beginning on the Commencement Date base rent in accordance with the following schedule: Commencement Date thru 3/31/98: $12,044.38 per month 4/1/98 thru 3/31/99: $13,248.21 per month 4/1/99 thru 3/31/00: $14,570.25 per month 4/1/00 thru 3/31/02: $17,481.55 per month 4/1/02 thru 3/31/07: $20,991.63 per month
Annual Basic Rental shall, for each of Rental Years one through five, be an amount equal to $751,500.00 (payable in each monthly installments of $62,625.00) and for each of Rental Years six through ten, the Annual Basic Rental shall be an amount equal to $838,472.00 (payable in equal monthly installments of $69,872.66). On the first day of each Option Term and on the five year annual anniversary of the first day of each Option Term, the Annual Basic Rental shall increase by 10% over the amount of Annual Basic Rental for the immediately preceding Rental Year. Annual Basic Rental shall be subject to adjustment as set forth in Section 7.1(c).
Annual Basic Rental the Annual Basic Rental for the Demised Premises shall commence on the Commencement Date at rate of Fourteen Dollars and 75/100 ($14.75) per USF. The Annual Basic Rental shall increase on June 1, 2010 and each Lease Year thereafter to a per USF amount equal to the sum of (i) Eight Dollars and 27/100 ($8.27), plus (ii) an amount determined by multiplying Six Dollars and 48/100 ($6.48) by a fraction, the numerator of which shall be the most recently published monthly Index (as hereinafter defined) preceding the first day of the Lease Year for which the adjustment is then being made and the denominator of which fraction shall be the monthly Index for the month preceding the Commencement Date of the Lease. The “Index” used herein shall be the Consumer Price Index for All Urban Consumers, U.S. City Average-All Items (1982-84 = 100), as published from time to time by the Bureau of Labor Statistics of the United States Department of Labor. If this Index shall be discontinued with no successor or comparable successor Index, the parties hereto shall attempt to agree upon a substitute formula, but if said parties are unable to agree upon a substitute formula, then the matter shall be determined by arbitration in accordance with the rules of the American Arbitration Association then prevailing.