Base Sublease Rental. Sublessee agrees to pay to Sublessor as rent (“Base Sublease Rental”) for the Subleased Premises the cash sum of $ per month. Base Sublease Rental shall be payable in advance to Sublessor on the first day of each calendar month throughout the Sublease Term, at the following address (or such other address as may be designated by Sublessor from time to time): Sublessee agrees to pay all Base Sublease Rental and additional sums due under this Sublease to Sublessor without demand, counterclaim, or set-off. All past due Base Sublease Rental and other sums of any kind past due hereunder shall bear interest at the maximum lawful non-usurious rate per annum until paid.
Base Sublease Rental. The base sublease rental -------------------- for each parcel shall be the total annualized rent, stabilized to exclude free rent, reduced rent or excess tenant improvement amortization or other similar concessions or considerations measured in the first year in which more than eighty percent (80%) of the rentable space on a given parcel is rented, prorated to full occupancy.
Base Sublease Rental. 17 3.2.4.3 Sublease Rental Percentage Change................. 18 3.2.4.4 Adjusted Ground Rent.............................. 18 3.2.4.5 Sale or Assignment of Leasehold Interest.......... 19 3.3 Ground Rent Adjustments Following Reconstruction............... 19 3.3.1 Ground Rent Adjustments.............................. 20 3.3.1.1
Base Sublease Rental. The base sublease rental for -------------------- each parcel shall be the total annualized rent, stabilized to exclude free rent, reduced rent or excess tenant improvement amortization or other similar concessions or considerations measured in the first year in which more than eighty percent (80%) of the rentable space on a given parcel is rented, prorated to full occupancy. If no improvements have been constructed upon Parcel B, then Parcels A and B shall be considered as one parcel fox the purpose of this Section 3.2.4 and the limitation upon increases in Ground Rent for both Parcels A and B shall be the same percentage rate of rental increase applicable to Parcel A.
