Common use of Basic Annual Rent Clause in Contracts

Basic Annual Rent. Notwithstanding anything to the contrary in the Lease, commencing on the Extension Term Commencement Date and continuing throughout the Thirteenth Amendment Extension Term, Basic Annual Rent for the Premises shall be as set forth in the charts below and Tenant shall pay such Basic Annual Rent for the Premises in accordance with the terms and provisions of the Lease. Thirteenth Amendment Third Floor Remaining Premises Dates Square Feet of Rentable Area Basic Annual Rent per Square Foot of Rentable Area Monthly Basic Annual Rent December 23, 2017 – December 22, 2018 6,770 $2.35 monthly $ 15,909.50 December 23, 2018 – December 22, 2019 6,770 $2.42 monthly $ 16,383.40 First Floor Remaining Premises Dates Square Feet of Rentable Area Basic Annual Rent per Square Foot of Rentable Area Monthly Basic Annual Rent December 23, 2017 – December 22, 2018 110 $1.09 monthly $ 119.90 December 23, 2018 – December 22, 2019 110 $1.12 monthly $ 123.20

Appears in 2 contracts

Samples: Lease (Genelux Corp), Lease (Genelux Corp)

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Basic Annual Rent. Notwithstanding anything to the contrary in the Lease, commencing on during the Extension Term Commencement Date and continuing throughout the Thirteenth Fifteenth Amendment Extension Term, Basic Annual Rent for the Premises shall be as set forth in the charts below and Tenant shall pay such Basic Annual Rent for the Premises to Landlord in accordance with the terms terms, conditions and provisions of the Lease. For the avoidance of doubt, Tenant shall continue to pay Basic Annual Rent in accordance with the terms, conditions and provisions of the Existing Lease until the commencement of the Fifteenth Amendment Extension Term. Thirteenth Amendment Third Floor Remaining Premises Dates Square Feet of Rentable Area Basic Annual Rent per Square Foot of Rentable Area Monthly Basic Annual Rent December 23, 2017 2020 – December 22, 2018 2021 6,770 $2.35 2.62 monthly $ 15,909.50 17,737.40 December 23, 2018 2021 – December 22, 2019 2022 6,770 $2.42 2.70 monthly $ 16,383.40 18,279.00 December 23, 2022 – February 22, 2023 6,770 $2.78 monthly $ 18,820.60 First Floor Remaining Premises Dates Square Feet of Rentable Area Basic Annual Rent per Square Foot of Rentable Area Monthly Basic Annual Rent December 23, 2017 2020 – December 22, 2018 2021 110 $1.09 1.18 monthly $ 119.90 129.80 December 23, 2018 2021 – December 22, 2019 2022 110 $1.12 1.22 monthly $ 123.20134.20 December 23, 2022 – February 22, 2023 110 $1.26 monthly $ 138.60

Appears in 2 contracts

Samples: Lease (Genelux Corp), Lease (Genelux Corp)

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