Common use of Basic Rent Clause in Contracts

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any rental adjustments shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 7 contracts

Sources: Lease (Masimo Corp), Lease Agreement (Masimo Corp), Lease Agreement (Illumina Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”"BASIC RENT"), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s 's estimated Tenant’s 's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s 's execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 7 contracts

Sources: Lease (Endocare Inc), Lease Agreement (Hyseq Inc), Lease Agreement (Endwave Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 4 contracts

Sources: Sublease Agreement (Prometheus Biosciences, Inc.), Sublease Agreement (Prometheus Biosciences, Inc.), Lease (Prometheus Biosciences, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder; the next installment of Basic Rent shall be due on the first day of the fourth calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 3 contracts

Sources: Lease (MDxHealth SA), Lease (MDxHealth SA), Lease Agreement (BioPharmX Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the "Basic Rent"), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s 's estimated Tenant’s 's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s 's execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 3 contracts

Sources: Lease (Intest Corp), Lease Agreement (Prometheus Laboratories Inc), Lease (Endwave Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunderLease.

Appears in 3 contracts

Sources: Lease Agreement (Mullen Automotive Inc.), Lease (Tarsus Pharmaceuticals, Inc.), Lease (Tarsus Pharmaceuticals, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offsetoffset (except as expressly provided in this Lease), the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 2 contracts

Sources: Lease (Ista Pharmaceuticals Inc), Lease (Micro Therapeutics Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), as such may be increased pursuant to Section II(D) of the Work Letter and including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of month, whether or not the Commencement DateDate occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 1 contract

Sources: Lease (Lsi Logic Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder; the next installment of Basic Rent shall be due on the first day of the second calendar month of the Term, which installment shall, if applicable, be appropriately prorated to reflect the amount prepaid for that calendar month.

Appears in 1 contract

Sources: Lease Agreement (Netlist Inc)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any rental adjustments shown to Basic Rent in Item 6 occurring with reference are to occur on the monthly anniversary of the Commencement Date, then such adjustments shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 1 contract

Sources: Lease Agreement (Phage Biotechnology CORP)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if anyProvisions. If the Commencement Date is other than the first day of the calendar monthExcept as set forth in Section 2.4 above, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not that date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the TermTerm until expiration or earlier termination of this Lease. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s 's execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 1 contract

Sources: Industrial Lease (Broadcom Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the "Basic Rent"), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s 's Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s 's estimated Tenant’s 's Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s 's execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first Expe▇▇▇▇ ▇irst due hereunder.

Appears in 1 contract

Sources: Lease (California Micro Devices Corp)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent Rent, at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 1 contract

Sources: Lease (AutoWeb, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the a calendar month, any rental adjustments adjustment shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The rent Basic Rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required for the payment of Basic Rentrequired. An installment of rent in the amount of one (1) 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions Provisions, and one (1) 1 month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant▇▇▇▇▇▇’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunderLease.

Appears in 1 contract

Sources: Lease Agreement (AVITA Medical, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offsetoffset (except as otherwise expressly provided in this Lease), the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder.

Appears in 1 contract

Sources: Lease (AutoTrader Group, Inc.)

Basic Rent. From and after the Commencement Date, Tenant shall pay to Landlord without deduction or offset, the rental amount for the Premises shown in Item 6 of the Basic Lease Provisions (the “Basic Rent”), including subsequent adjustments, if any. If the Commencement Date is other than the first day of the calendar month, any Any rental adjustments adjustment to Basic Rent shown in Item 6 occurring with reference to the monthly anniversary of the Commencement Date, shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date, whether or not the Commencement Date occurs at the end of a calendar month. The rent shall be due and payable in advance commencing on the Commencement Date (as prorated for any partial month) and continuing thereafter on the first day of each successive calendar month of the Term. No demand, notice or invoice shall be required for the payment of Basic Rent. An installment of rent in the amount of one (1) full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions and one (1) month’s estimated Tenant’s Share of Operating Expenses (as defined in Section 4.2) shall be delivered to Landlord concurrently with Tenant’s execution of this Lease and shall be applied against the Basic Rent and Operating Expenses first due hereunder. Such payments, however, shall not be negotiated by Landlord until this Lease is fully executed and a copy thereof delivered to Tenant.

Appears in 1 contract

Sources: Lease Agreement (Bakbone Software Inc)