Common use of Additional Rent; Rent Clause in Contracts

Additional Rent; Rent. All amounts and sums which Tenant is obligated to pay or reimburse to Landlord pursuant to this Lease (other than Due Diligence Period Rent, Planning and Construction Period Rent and Annual Base Rent) shall be collectively referred to herein as “Additional Rent.” All Additional Rent shall be due and payable within ten (10) days after Landlord’s demand therefor. Additional Rent for any partial month at the beginning and the end of the Primary Term shall be prorated on a daily basis. All amounts of Due Diligence Period Rent, Planning and Construction Period Rent, Annual Base Rent and Additional Rent payable in a given month (collectively, “Rent”) shall be deemed to comprise a single rental obligation of Tenant to Landlord.

Appears in 2 contracts

Sources: Ground Lease, Ground Lease