Basic Rental definition

Basic Rental shall have the meaning as set forth in Paragraph 4 hereof.

Basic Rental. $13.00 per rentable square foot per year payable in equal monthly installments of Thirty-Two Thousand Two Hundred Ninety-Two and 00/100 Dollars ($32,292.00), subject to adjustment as herein provided.

Basic Rental. $56,666.67 per month.

Examples of Basic Rental in a sentence

• Landlord may, at its option, terminate the Lease Agreement in the event that Tenant fails to pay the Basic Rental obligation in a timely manner.

• Basic Rental payments by check should be made payable to the City of Santa Xxxxxx and delivered to the following address, or other address later designated by the City: Airport Director Santa Xxxxxx Municipal Airport 3223 Xxxxxx Xxxxxxx Xxxx Xxxxx Xxxxx Xxxxxx, Xxxxxxxxxx 00000-0000 Any payment by Tenant or acceptance by Landlord of a lesser amount than shall be due from Tenant shall be treated as a payment on account.

• Tenant further agrees any such action by Landlord does not entitle Tenant to a proration of any Basic Rental.

• Immediately upon execution of the Lease Agreement, Tenant shall deposit with Landlord one month’s Basic Rental obligation, as security for Tenant’s faithful performance of Tenant’s obligations hereunder.

• IPC's reductions to interest expense for AFDC were $3 million annually from 2003 to 2005.

More Definitions of Basic Rental

Basic Rental. $ 1,827,581.68

Basic Rental. The Basic Rental through the Term of the Lease shall be as follows: Building G

Basic Rental. Payable in equal monthly installments of $2,650.00, subject to adjustment as herein provided.

Basic Rental. See Also Section 40.1 $22,302.00 per month for the period of 12/15/94 to 11/30/95 $31,499.00 per month for the period of 12/01/95 to 11/30/96 $33,503.00 per month for the period of 12/01/96 to 11/30/97 $33,563.00 per month for the period of 12/01/97 to 11/30/98 $35,066.00 per month for the period of 12/01/98 to 11/30/99

Basic Rental. Months Annual Rate per Basic Monthly Rental ------ -------------------- Rentable Square Foot 1-72 $21.00 $5,860.75 Security Deposit: $5,860.75 due upon execution of the Lease as referenced in Section 5 of the Lease Rent: Basic Rental, Tenant's share of Electrical Costs, Excess (if any), and all other sums that Tenant may owe to Landlord under the Lease. Permitted Use: General office use. Tenant's 2.84648% (which is the percentage obtained by dividing the Rentable Proportionate Share: Square Feet by the Total Rentable Square Feet; Tenant's Proportionate Share is subject to adjustment upon confirmation of the Rentable Square Feet and Total Rentable Square Feet as provided above)

Basic Rental. $6,194.25 per month. The Security Deposit shall be equal to the last month's rent.

Basic Rental for the leased square footage shall be the sum of the annual square foot rental rates indicated below multiplied by the leased square footage for each type of space, for the entire Demised Premises. Type of Space Square Footage Annual Rate Office 4,839 sq. ft. $10.50/sq. ft. Rest of Demised Premises 14,560 SQ. FT. $17.50/sq. ft. -------------- Total Square Footage 19,399 sq. ft. The initial Base Rental shall be $25,467.00 per month ($305,610.00 per year)