Common use of AGGREGATE RENT Clause in Contracts

AGGREGATE RENT. Tenant will pay to Landlord, the aggregate of the Minimum Rent, Parking Charges, Rental Adjustments, and Additional Rent, plus any taxes levied on rents (collectively, the "RENT"), in advance, on the Commencement Date and thereafter on the first day of each calendar month during the Lease Term. All payments of Rent will be paid by Tenant, without prior notice or demand or deduction or offset, to Landlord at the address set forth on this Lease or at any other place that Landlord may from time to time designate in writing. If Landlord has not received payment of the monthly installment of Rent within five days after the 1st day of each month with or without delivery of written notice by Landlord to Tenant, Tenant will pay, as Additional Rent, a late charge equal to ten percent of the unpaid amount. Any payment of Rent that is not paid in a timely fashion and considered delinquent after the date due will bear interest at the rate of 12%.

Appears in 2 contracts

Samples: Office Lease Agreement (Vestin Group Inc), Office Lease Agreement (Vestin Group Inc)

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AGGREGATE RENT. Tenant will pay to Landlord, the aggregate of the Minimum Rent, Parking Charges, Rental Adjustments, and Additional Rent, plus any taxes levied on rents (collectively, the "RENT"), in advance, on the Commencement Date and thereafter on the first day of each calendar month during the Lease Term. All payments of Rent will be paid by Tenant, without prior notice or demand or deduction or offset, to Landlord at the address set forth on this Lease or at any other place that Landlord may from time to time designate in writing. If Landlord has not received payment of the monthly installment of Rent within five days after the 1st day of each month with or without delivery of written notice by Landlord to Tenant, Tenant will pay, as Additional Rent, a late charge equal to ten percent of the unpaid amount. Any payment of Rent that is not paid in a timely fashion and considered delinquent dilequent after the date due will bear interest at the rate of 12%.

Appears in 2 contracts

Samples: Office Lease Agreement (Vestin Group Inc), Office Lease Agreement (Vestin Group Inc)

AGGREGATE RENT. Tenant will pay to Landlord, the aggregate of the Minimum Rent, Parking Charges, Rental Adjustments, and Additional Rent, plus any taxes levied on rents (collectively, the "RENTRent"), in advance, on the Commencement Date and thereafter on the first day of each calendar month months during the Lease Term. All payments of Rent will be paid by Tenant, without prior notice or demand or deduction or offset, to Landlord at the address set forth on this Lease or at any other place that Landlord may from time to time designate in writing. If Landlord has not received payment of the monthly installment of Rent within five days after the 1st day of each month with or without delivery of written notice by Landlord to Tenant, Tenant will pay, as Additional Rent, a late charge equal to ten percent of the unpaid amount. Any payment of Rent that is not paid in a timely fashion and considered delinquent dilequent after the date due will bear interest at the rate of 12%.

Appears in 2 contracts

Samples: Office Lease Agreement (Vestin Group Inc), Office Lease Agreement (Vestin Group Inc)

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AGGREGATE RENT. Tenant will pay to Landlord, the aggregate of the Minimum Rent, Parking Charges, Rental Adjustments, and Additional Rent, plus any taxes levied on rents (collectively, the "RENTRent"), in advance, on the Commencement Date and thereafter on the first day of each calendar month during the Lease Term. All payments of Rent will be paid by Tenant, without prior notice or demand or deduction or offset, to Landlord at the address set forth on this Lease or at any other place that Landlord may from time to time designate in writing. If Landlord has not received payment of the monthly installment of Rent within five days after the 1st day of each month with or without delivery of written notice by Landlord to Tenant, Tenant will pay, as Additional Rent, a late charge equal to ten percent of the unpaid amount. Any payment of Rent that is not paid in a timely fashion and considered delinquent dilequent after the date due will bear interest at the rate of 12%.

Appears in 1 contract

Samples: Office Lease Agreement (Vestin Group Inc)

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