Base Rent for the Existing Premises Sample Clauses

Base Rent for the Existing Premises. Tenant shall continue to pay Base Rent ------------------------------------ for the Existing Premises in accordance with the provisions of the Lease in effect prior to the date of this Agreement.
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Base Rent for the Existing Premises. Continuing through January 31, 2002 ----------------------------------- Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the provisions of the Lease in effect prior to the date of this Agreement (without any increase pursuant to the provisions of Paragraph 10 above prior to January 31, 2002). Commencing February 1, 2002, Tenant shall pay to Landlord for the Existing Premises the same Base Rent per month per square foot of Rentable Area contained in the Existing Premises as Tenant is required to pay per month per square foot of Rentable Area in the Expansion Premises effective February 1, 2002 pursuant to the provisions of Paragraph 9 above, as increased pursuant to the provisions of Paragraph 10 above. Thereafter, Base Rent for the Existing Premises shall increase on the same date, and in the same manner, as Base Rent for the Expansion Premises increases pursuant to the provisions of Paragraph 10 above.
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Base Rent for the Existing Premises. Prior to the New Term Rent Commencement Date, Tenant shall continue to pay Base Rent for the Existing Premises at the rate currently provided under Section 4.1 of the First Amendment (it being understood that, if the New Term Rent Commencement Date occurs after November 1, 2013, then Tenant shall continue to pay Base Rent for the Existing Premises at the rate of $206,145.58 per month for the period commencing on November 1, 2013 through the day immediately preceding the New Term Rent Commencement Date).
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Base Rent for the Existing Premises. In addition to all other amounts and charges due and payable by Tenant under the Lease, as amended, Tenant shall pay Base Rent for the Existing Premises as set forth in the Lease, as amended, in accordance with the terms of the Lease, as amended.
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Base Rent for the Existing Premises. Tenant shall pay to Landlord Base Rent for the Existing Premises as stated in the Original Lease.
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Base Rent for the Existing Premises. Commencing on the Effective Date, Base Rent for the Existing Premises shall be payable according to the following schedule: Period Annual Base Rent Monthly Base Rent Approx. Monthly Base Rent/S.F. Effective Date – 5/31/2015 $669,555.00* $55,796.25* $1.25* 6/1/2015 – 5/31/2016 $689,641.68 $57,470.14 $1.29 6/1/2016 – 5/31/2017 $710,330.88 $59,194.24 $1.33 6/1/2017 – 5/31/2018 $731,640.84 $60,970.07 $1.37 6/1/2018 – 5/31/2019 $753,590.04 $62,799.17 $1.41 6/1/2019 – 11/30/2019 $776,197.80 $64,683.15 $1.45 12/1/2019 – 12/31/2019 $924,794.04 $77,066.17 $1.73 1/1/2020 – 12/31/2020 $952,537.92 $79,378.16 $1.78 1/1/2021 – 12/31/2021 $981,114.00 $81,759.50 $1.83 1/1/2022 – 6/30/2022 $1,010,547.48 $84,212.29 $1.89 * Subject to abatement pursuant to Section 3.2 of the Lease.
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Base Rent for the Existing Premises. In addition to all other amounts and charges due and payable by Tenant under the Lease, as amended, (i) prior to the Extension Date, Tenant shall pay Base Rent for the Existing Premises as set forth in the Lease, as amended, in accordance with the terms of the Lease, as amended, and (ii) from and after the Extension Date and continuing throughout the Extended Term, in addition to all other amounts due and payable under the Lease, as amended, Tenant shall pay Base Rent set forth in the rental chart below, in accordance with the terms of the Lease, as amended, subject to adjustment from and after the Give-Back Date, pursuant to Section 3 (Vacation of the Give-Back Premises; Amounts Payable of Tenant Fails to Timely Vacate the Give-Back Premises) above. Dates Annual Base Rent Monthly Installment of Base Rent Annual Rental Rate Per Rentable Square Foot of the Existing Premises (84,817 RSF) 07/01/18* – 06/30/19 $ 2,120,423.00 $ 176,701.92 $ 25.00 07/01/19 – 06/30/20 $ 2,184,035.69 $ 182,002.97 $ 25.75 07/01/20 – 06/30/21 $ 2,249,344.72 $ 187,445.39 $ 26.52 *So long as no default by Tenant occurs under the Lease, Tenant shall not be required to pay the monthly installments of Base Rent for the Reduced Existing Premises during the period commencing July 1, 2018, through September 30, 2018 (the “Reduced Existing Premises Abatement Period”), subject to and in accordance with the terms and conditions of Section 5.e (Rent Abatement) below.
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Base Rent for the Existing Premises. Effective as of the Extension Date, in addition to all other amounts payable under the Lease, Tenant shall pay Monthly Base Rent for the Existing Premises as set forth below, in accordance with the terms of the Lease. Upon execution of this Amendment, Tenant shall pay to Landlord the sum of $72,102.00 constituting Base Rent due and payable by Tenant for the Existing Premises for the first full calendar month of the Extended Term for which Base Rent is payable hereunder. Months of the Extended Term/Rental Adjustment Dates** Annual Base Rent Monthly Base Rent Monthly Base Rent per Rentable Square Foot of the Existing Premises Extension Date — November 30, 2011 $ 865,224.00 $ 72,102.00 $ 2.77 December 1, 2011 — November 30, 2012 $ 908,484.00 $ 75,707.00 $ 2.91 December 1, 2012 — November 30, 2013 $ 953,904.00 $ 79,492.00 $ 3.06 December 1, 2013 — November 30, 2014 $ 982,524.00 $ 81,877.00 $ 3.15 December 1, 2014 — February 28, 2015 $ 1,012,008.00 $ 84,334.00 $ 3.24 March 1, 2015 — November 30, 2015 $ 685,207.32 $ 57,100.61 $ 2.19 December 1, 2015 — November 30, 2016 $ 705,763.56 $ 58,813.63 $ 2.26 December 1, 2016 — November 30, 2017 $ 726,936.36 $ 60,578.03 $ 2.33 December 1, 2017 — Expiration Date $ 748,744.56 $ 62,395.38 $ 2.40
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Related to Base Rent for the Existing Premises

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of Article 3 of the Lease.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Option to Extend Lease Term Landlord hereby grants to Tenant one option to extend the Lease Term of the 000 Xxxx Xxxxx Lease for a five (5) year term commencing when the prior term expires, under the following terms and conditions:

  • Base Rent 3.1 Beginning on the Rent Commencement Date, Tenant shall pay, without prior notice or demand, to Landlord or Landlord’s agent at the management office of the Project, or, at Landlord’s option, at such other place as Landlord may from time to time designate in advance and in writing, (i) by a check for currency which, at the time of payment, is legal tender for private or public debts in the United States of America, or (ii) if so elected by Tenant, by electronic funds transfer to the account of Landlord as provided to Tenant, base rent (“Base Rent”) as set forth in Section 4 of the Summary, payable in equal monthly installments as set forth in Section 4 of the Summary in advance on or before the first day of each and every calendar month during the Lease Term, without any setoff or deduction whatsoever. The Base Rent for the first full month of the Lease Term shall be paid at the time of Tenant’s execution of this Lease. If any Rent payment date (including the Rent Commencement Date) falls on a day of the month other than the first day of such month or if any payment of Rent is for a period which is shorter than one month, the Rent for any fractional month shall accrue on a daily basis for the period from the date such payment is due to the end of such calendar month or to the end of the Lease Term at a rate per day which is equal to 1/365 of the applicable annual Rent. All other payments or adjustments required to be made under the terms of this Lease that require proration on a time basis shall be prorated on the same basis. Base Rent and Additional Rent, as defined below, shall together be denominated “Rent.” Without limiting the foregoing, Tenant’s obligation to pay Rent 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 (except as expressly provided herein) any casualty or taking, or any failure by Landlord to perform any covenant contained herein, or any other occurrence.

  • Time of the Essence in This Tenant Work Letter Unless otherwise indicated, all references herein to a “number of days” shall mean and refer to calendar days. If any item requiring approval is timely disapproved by Landlord, the procedure for preparation of the document and approval thereof shall be repeated until the document is approved by Landlord.

  • Expansion Space As used in this paragraph, the term “Expansion Space” means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Vacating Premises (i) If the Assuming Bank elects not to purchase any owned Bank Premises, the notice of such election in accordance with Section 4.6(a) shall specify the date upon which the Assuming Bank's occupancy of such premises shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Bank's notice not to exercise such option. The Assuming Bank promptly shall relinquish and release to the Receiver such premises and the Furniture and Equipment and Fixtures located thereon in the same condition as at Bank Closing, normal wear and tear excepted. By occupying any such premises after the expiration of such ninety (90)-day period, the Assuming Bank shall, at the Receiver's option, (x) be deemed to have agreed to purchase such Bank Premises, and to assume all leases, obligations and liabilities with respect to leased Furniture and Equipment and leased Fixtures located thereon and any ground lease with respect to the land on which such premises are located, and (y) be required to purchase all Furniture and Equipment and Fixtures owned by the Failed Bank and located on such premises as of Bank Closing.

  • Lease of Premises Landlord hereby demises and leases to Tenant for the Term of this Lease and upon the terms and conditions hereinafter set forth, and Tenant hereby accepts from Landlord, the Premises.

  • Sublease Term The term of the Sublease (“Sublease Term”) commences on the later to occur of (1) Sublandlord’s receipt of Prime Landlord’s written consent to this Sublease, and (2) October 1, 2009 (“Sublease Commencement Date”); and expires on January 28, 2018 (“Sublease Expiration Date”; i.e., the day prior to the Termination Date pursuant to the Prime Lease). Sublandlord shall deliver the Subleased Premises “broom clean” and free of all of Sublandlord’s personal property (other than the F&F (defined in Section 2(f))) and debris, but otherwise in “AS IS, WHERE IS” condition on the Sublease Commencement Date; provided that Subtenant shall not be responsible for, or required to remedy, any violation of any applicable law, or any condition or state of facts, with respect to the Subleased Premises, the Building or the Land existing on or prior to the Sublease Commencement Date. Sublandlord is not required to perform any work to prepare the Subleased Premises for Subtenant’s intended use. If (i) for any reason Sublandlord has not received Prime Landlord’s written consent to this Sublease in form required by Section 15(i) below by the date which is sixty (60) days from the date hereof, or (ii) Prime Landlord elects to terminate the Prime Lease in respect of the Subleased Premises pursuant to Prime Landlord’s recapture right set forth in Section 16.5 of the Prime Lease, then in the case of (i), then Sublandlord and Subtenant each may elect at any time thereafter to terminate this Sublease by written notice to the other, whereupon the parties shall deem this Sublease to be null and void and of no effect (except for those provisions expressly stated herein to survive a termination), and in the case of (ii) the Sublease will be deemed terminated in accordance with Section 16.5 of the Prime Lease.

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