Annual Net Rent Sample Clauses

Annual Net Rent. The Sub-Tenant shall pay to the City of Toronto a basic rent (“Basic Rent”) of $2.00 per annum.
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Annual Net Rent. The Sub-tenant shall pay to the City a basic rent of $2.00 per annum ($20.00 in total for the 10-year term) payable at the commencement date of the agreement plus all applicable taxes.
Sample 1
Annual Net Rent. Paragraph 3 of the Lease is hereby amended to provide that during the Extension Term, Tenant shall pay to Landlord Annual Net Rent in equal monthly installments, in advance, without deduction or offset, and in accordance with all of the terms and conditions set forth in the Lease, as follows: Period Minimum Annual Rent Monthly Rental Installments 11/1/05 – 10/31/06 $ 165,547.20 $ 13,795.60 11/1/06 – 10/31/07 $ 168,858.00 $ 14,071.50 11/1/07 – 10/31/08 $ 172,235.40 $ 14,352.95 11/1/08 – 10/31/09 $ 175,680.00 $ 14,640.00 11/1/09 – 10/31/10 $ 179,193.60 $ 14,932.80 Such payments shall be due and payable on or before the first day of each calendar month during the Extension Term, together with any other additional rental as set forth hereunder or as set forth in the Lease. Monthly rental installments for any partial calender month shall be prorated.
Sample 1
Annual Net Rent. Tenant will pay Annual Net Rent of One Hundred Thirty Eight Thousand Seven Hundred Eighty and 00/100 Dollars ($138,780.00) which is due and payable on the first day of each year of the Lease. However, for and in consideration of the Tenant’s faithful performance of all of its obligations pursuant to this Lease, the Landlord hereby agrees that Tenant may pay the Annual Net Rent in 12 equal monthly installments of Eleven Thousand Five Hundred Sixty Five and 00/100 Dollars ($11,565.00) due on the first day of each month. However, if Tenant fails to perform any of its obligations under this Lease all annual rents shall become immediately due and payable for the remaining term of this Lease. The first month’s rent is due upon execution of this Lease Agreement. See penalty for late payments in Paragraph 21 (d). Payments are to be made to Landlord’s authorized agent, XXXXXXX & COMPANY REAL ESTATE, INC., 0000 Xxxxxxxx Xxxx, Suite A-5, Nashville, Tennessee 37217 without demand or further notice, which is hereby expressly waived. All monthly installment of annual rent shall be paid on the first of each month without the necessity of prior demand by Landlord, written notice from Landlord and/or set off by Tenant.
Sample 1
Annual Net Rent. The Basic Rent (as defined in the RR Sublease) payable during calendar year 2013.
Sample 1
Annual Net Rent. The Annual Net Rent per square foot of gross leasable area shall be payable monthly in advance , without deduction, and will be charged on the Premises at the rate of: $25.00 net per square foot annually in respect of the ground floor or $3,645.83 plus GST per month or $43,750.00 plus GST annually and $20.00 net per square foot annually or $2,916.67 plus GST monthly or $35,000 annually in respect of the second floor making the total rental $78,750 net annually plus GST or $6,562.50 net monthly plus GST.
Sample 1
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Annual Net Rent. The Annual Net Rent per square foot of gross leasable area shall be payable monthly in advance, without deduction, and will be charged on the Premises at the rate of: Year 1 - $18.00 net per square foot annually or $5,155.50 plus GST per month or $61,866.00 plus GST annually. Year 2 - $18.50 net per square foot annually or $5,298.71 plus GST per month or $63,584.50 plus GST annually. Year 3 - $19.00 net per square foot annually or $5,441.92 plus GST per month or $65,303.00 plus GST annually. Year 4 - $19.50 net per square foot annually or $5,585.13 plus GST per month or $67,021.50 plus GST annually. Year 5 - $20.00 net per square foot annually or $5,728.33 plus GST per month or $68,740.00 plus GST annually.
Sample 1
Annual Net Rent 
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Related to Annual Net Rent

  • Net Rent It is the intent of the Landlord and Tenant that this Lease shall yield, net to Landlord, the Base Rent specified and all Additional Rent and charges in each month during the term of the Lease, and that all costs, expenses and obligations of every kind relating to the Leased Premises shall be paid by the Tenant, unless expressly assumed by the Landlord.

  • Annual Base Rent Beginning on the Commencement Date, Tenant agrees to pay Landlord, without prior demand therefor, and without set-off or deduction, a yearly base minimum rent in the amount of Twenty-six Thousand Four Hundred Eighteen and No/100 Dollars ($26,418.00), payable in monthly installments, each in the amount of Two Thousand Two Hundred One and 50/100 Dollars ($2,201.50) plus an annual parking charge in an amount pursuant to the paragraph below (collectively, the base minimum rent and parking charge shall be defined herein as the “Base Rent”). In the event the Commencement Date falls on a day other than the first day of a calendar month, then the monthly installment of Base Rent shall be prorated for such month. In the event this Lease expires or is terminated on a day that is other than the last day of a calendar month, then the Base Rent for the month in which the Term expires or is terminated shall be prorated. Tenant shall pay the Base Rent to Landlord at Landlord’s address set forth in Section 17.5 of this Lease, or at such other place as Landlord may from time to time designate to Tenant in writing (in accordance with Section 17.5 of this Lease), in funds which at the time of such payment shall be legal tender for the payment of public or private debts in the United States of America. Beginning on the Commencement Date, Tenant shall also pay to Landlord an annual parking charge that shall be part of the Base Rent and initially shall be equal to the product of One Hundred and No/100 Dollars ($100.00) multiplied by the number of parking spaces which are allocated for Tenant’s use under Section 2.2 of the REA (initially, 120 spaces), being initially Twelve Thousand and No/100 Dollars ($12,000.00) per year. In the event Tenant should demand the LTACH Exclusive Parking Rights, as provided for in the REA, then from and after the date that Tenant begins to have such exclusive parking, the amount of the parking charge that shall be part of the Base Rent shall be increased to One Hundred Twenty-Five Percent (125%) of the parking charge then in effect at the time that Tenant begins to have such exclusive parking, with the amount prorated for any partial calendar year. Both the minimum rent and the parking charge that comprise the Base Rent shall be subject to adjustment pursuant to Section 3.5 below.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Minimum Rent The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

  • Annual Fixed Rent Tenant covenants and agrees to pay the Annual Fixed Rent in Section 1.1 to Landlord in advance in equal monthly installments commencing on the Term Commencement Date (if not the first day of a month) and thereafter on the first day of each calendar month during the Term. All payments shall be due without billing or demand and without deduction, setoff or counterclaim, except as expressly set forth in this Lease. Tenant shall make payment for any portion of a month at the beginning or end of the Term. All payments shall be payable to Landlord at Landlord’s address, as specified in Section 1.1, or to such other entities at such other places as Landlord may from time to time designate. Without limiting the foregoing, except as expressly set forth in this Lease, Tenant’s obligation so to pay Rent (as hereinafter defined) shall not be discharged or otherwise affected by any law or regulation now or hereafter applicable to the Premises, or any other restriction on Tenant’s use, or any casualty or taking, or any failure by Landlord to perform any covenant contained herein, or any other occurrence; and, except as expressly set forth in this Lease, Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover Rent. The foregoing notwithstanding, if Landlord fails for any reason within Landlord’s control to provide any service to be supplied by Landlord under the Lease which is necessary for Tenant’s reasonable use of the Premises (such as HVAC, elevator service, electricity, water, or structural repairs), and Tenant is unable to use the Premises on account of such failure, Tenant shall be entitled to a proportional abatement of Annual Fixed Rent and Additional Charges for Operating Expenses and Taxes based on the portion of the Premises which cannot be used by Tenant. This abatement shall begin on the fourth (4th) consecutive Business Day from Tenant’s written notice to Landlord of the failure. The abatement shall end when the services are restored sufficiently to permit use of the Premises.

  • Lease Year Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Monthly Rent The rent amount for the initial period shall be: _ Dollars ($_ ) paid on the _ (#) day of every month and: (check one) ☐ - Shall remain the same during the Initial Term. ☐ - Shall increase during the Initial Term as follows: 1st Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) 2nd Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ )

  • Base Year The period beginning on 1 April of one year and ending on 31 March of the following year.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5, which amount shall be subject to increase as provided in Sections 1.5 and 4.3. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, Tenant shall pay the first month’s Minimum Monthly Rent to Landlord.

  • Minimum Rental Beginning with the Commencement Date and continuing through the Expiration Date or earlier termination of this Lease, Tenant shall pay Minimum Rental in accordance with the schedule set forth in Section 1(g) in equal monthly installments each in advance on or before the first day of each month. If the Commencement Date is a date other than the first day of a calendar month, the Minimum Rental shall be prorated daily from such date to the first day of the next calendar month and paid on or before the Commencement Date.

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