Common use of BASIC RENTAL FOR EXTENDED TERM OF LEASE Clause in Contracts

BASIC RENTAL FOR EXTENDED TERM OF LEASE. The monthly Basic Rental for the Extended Term of Lease shall be as follows: On March 1, 1999, the sum of FORTY THREE THOUSAND FIVE HUNDRED THIRTY AND NO/100 DOLLARS ($43,530.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2000. On March 1, 2000, the sum of FORTY FIVE THOUSAND SEVEN HUNDRED SIX AND 50/100 DOLLARS ($45,706.50) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2001. On March 1, 2001, the sum of FORTY SEVEN THOUSAND EIGHT HUNDRED EIGHTY THREE AND NO/100 DOLLARS ($47,883.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2002. Initial: ______ On March 1, 2002, the sum of FIFTY THOUSAND FIFTY NINE AND 50/100 DOLLARS ($50,059.50) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2003. On March 1, 2003, the sum of FIFTY TWO THOUSAND TWO HUNDRED THIRTY SIX AND NO/100 DOLLARS ($52,236.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2004. On March 1, 2004, the sum of FIFTY FOUR THOUSAND FOUR HUNDRED TWELVE AND 50/100 DOLLARS ($54,412.50) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2005. On March 1, 2005, the sum of FIFTY SIX THOUSAND FIVE HUNDRED EIGHTY NINE AND NO/100 DOLLARS ($56,589.00) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2006. The Aggregate Basic Rent for the Lease shall be increased by $4,204,998.00 or from $1,580,415.22 to $5,785,413.22.

Appears in 1 contract

Samples: Lease (Adac Laboratories)

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BASIC RENTAL FOR EXTENDED TERM OF LEASE. The monthly Basic Rental for the Extended Term of Lease shall be as follows: On March October 1, 19992006, the sum of FORTY THREE ONE HUNDRED EIGHTY ONE THOUSAND FIVE FOUR HUNDRED THIRTY NINE AND NO/100 28/100 DOLLARS ($43,530.00181,409.28) shall be due, and a like sum due on the first day of each month thereafter through and including February September 1, 20002007. Quantum 5 On March October 1, 20002007, the sum of FORTY FIVE ONE HUNDRED EIGHTY SIX THOUSAND SEVEN ONE HUNDRED SIX THIRTY THREE AND 50/100 48/100 DOLLARS ($45,706.50186,133.48) shall be due, and a like sum due on the first day of each month thereafter through and including February September I, 2008. On October 1, 2001. On March 1, 20012008, the sum of FORTY SEVEN ONE HUNDRED NINETY THOUSAND EIGHT HUNDRED EIGHTY THREE FIFTY SEVEN AND NO/100 68/100 DOLLARS ($47,883.00190,857,68) shall be due, and a like sum due on the first day of each month thereafter through and including February September 1, 20022009. Initial: ______ On March October 1, 20022009, the sum of FIFTY ONE HUNDRED NINETY FIVE THOUSAND FIFTY NINE FIVE HUNDRED EIGHTY ONE AND 50/100 88/100 DOLLARS ($50,059.50195,581.88) shall be due, and a like sum due on the first day of each month thereafter through and including February September 1, 20032010. On March October 1, 20032010, the sum of FIFTY TWO THOUSAND TWO HUNDRED THIRTY THOUSAND THREE HUNDRED SIX AND NO/100 08/100 DOLLARS ($52,236.00200,306.08) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2004. On March 1, 2004, the sum of FIFTY FOUR THOUSAND FOUR HUNDRED TWELVE AND 50/100 DOLLARS ($54,412.50) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2005. On March 1, 2005, the sum of FIFTY SIX THOUSAND FIVE HUNDRED EIGHTY NINE AND NO/100 DOLLARS ($56,589.00) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2006September 1,2011. The Aggregate Basic Rent for the Lease shall be increased by $4,204,998.00 11,451,460.80 or from $1,580,415.22 21,171,029.88 to $5,785,413.2232,622,490.68.

Appears in 1 contract

Samples: Lease Agreement (Quantum Corp /De/)

BASIC RENTAL FOR EXTENDED TERM OF LEASE. The monthly Basic Rental for the Extended Term of Lease shall be as follows: On March December 1, 19992002, the sum of FORTY THREE FIFTY NINE THOUSAND SIX HUNDRED TWENTY FIVE HUNDRED THIRTY AND NO/100 DOLLARS ($43,530.0059,625.00) shall be due, and a like sum due on the first day of each month thereafter through and including February June 1, 20002003. On March July 1, 20002003, the sum of FORTY SIXTY ONE THOUSAND EIGHT HUNDRED SEVENTY FIVE THOUSAND SEVEN HUNDRED SIX AND 50/100 NO/100 DOLLARS ($45,706.5061,875.00) shall be due, and a like sum due on the first day of each month thereafter through and including February June 1, 20012004. On March July 1, 20012004, the sum of FORTY SEVEN SIXTY FOUR THOUSAND EIGHT ONE HUNDRED EIGHTY THREE TWENTY FIVE AND NO/100 DOLLARS ($47,883.0064,125.00) shall be due, and a like sum due on the first day of each month thereafter through and including February June 1, 20022005. Initial: ______ On March July 1, 20022005, the sum of FIFTY SIXTY SIX THOUSAND FIFTY NINE THREE HUNDRED SEVENTY FIVE AND 50/100 NO/100 DOLLARS ($50,059.5066,375.00) shall be due, and a like sum due on the first day of each month thereafter through and including February June 1, 20032006. On March July 1, 20032006, the sum of FIFTY TWO SIXTY EIGHT THOUSAND TWO SIX HUNDRED THIRTY SIX TWENTY FIVE AND NO/100 DOLLARS ($52,236.0068,625.00) shall be due, and a like sum due on the first day of each month thereafter through and including February June 1, 20042007. On March July 1, 20042007, the sum of FIFTY FOUR SEVENTY THOUSAND FOUR EIGHT HUNDRED TWELVE SEVENTY FIVE AND 50/100 NO/100 DOLLARS ($54,412.5070,875.00) shall be due, and a like sum due on the first day of each month thereafter, through and including February June 1, 2005. On March 1, 2005, the sum of FIFTY SIX THOUSAND FIVE HUNDRED EIGHTY NINE AND NO/100 DOLLARS ($56,589.00) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 20062008. The Aggregate Basic Rent for the Lease shall be increased by $4,204,998.00 4,399,875.00 or from $1,580,415.22 3,290,625.00 to $5,785,413.227,690,500.00.

Appears in 1 contract

Samples: Lease Agreement (Transmeta Corp)

BASIC RENTAL FOR EXTENDED TERM OF LEASE. The monthly Basic Rental for the Extended Term of Lease shall be as follows: On March 1, 19992003, the sum of ONE HUNDRED FORTY THREE THOUSAND FIVE TWO HUNDRED THIRTY FIFTY AND NO/100 DOLLARS ($43,530.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2000. On March 1, 2000, the sum of FORTY FIVE THOUSAND SEVEN HUNDRED SIX AND 50/100 DOLLARS ($45,706.50) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2001. On March 1, 2001, the sum of FORTY SEVEN THOUSAND EIGHT HUNDRED EIGHTY THREE AND NO/100 DOLLARS ($47,883.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2002. Initial: ______ On March 1, 2002, the sum of FIFTY THOUSAND FIFTY NINE AND 50/100 DOLLARS ($50,059.50) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2003. On March 1, 2003, the sum of FIFTY TWO THOUSAND TWO HUNDRED THIRTY SIX AND NO/100 DOLLARS ($52,236.00140,250.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2004. On March 1, 2004, the sum of FIFTY ONE HUNDRED FORTY FOUR THOUSAND FOUR FIVE HUNDRED TWELVE AND 50/100 NO/100 DOLLARS ($54,412.50144,500.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2005. On March 1, 2005, the sum of ONE HUNDRED FORTY EIGHT THOUSAND SEVEN HUNDRED FIFTY AND NO/100 DOLLARS ($148,750.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2006. On March 1, 2006, the sum of ONE HUNDRED FIFTY THREE THOUSAND AND NO/100 DOLLARS ($153,000.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2007. On March 1, 2007, the sum of ONE HUNDRED FIFTY SEVEN THOUSAND TWO HUNDRED FIFTY AND NO/100 DOLLARS ($157,250.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2008. On March 1, 2008, the sum of ONE HUNDRED SIXTY ONE THOUSAND FIVE HUNDRED AND NO/100 DOLLARS ($161,500.00) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 20052009. On March 1, 20052009, the sum of FIFTY SIX TWO HUNDRED SIXTEEN THOUSAND FIVE EIGHT HUNDRED EIGHTY NINE SIXTY TWO AND NO/100 67/100 DOLLARS ($56,589.00216,862.67) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 20062010. On March 1, 2010, the sum of TWO HUNDRED TWENTY TWO THOUSAND TWO HUNDRED EIGHTY FOUR AND 24/100 ($222,284.24) shall be due, and a like sum due on the first day of each month thereafter, through and including February l, 2011. On March 1, 2011, the sum of TWO HUNDRED TWENTY SEVEN THOUSAND EIGHT HUNDRED FORTY ONE AND 34/100 DOLLARS ($227,841.34) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2012. On March 1, 2012, the sum of TWO HUNDRED THIRTY THREE THOUSAND FIVE HUNDRED THIRTY SEVEN AND 38/100 DOLLARS ($233,537.38) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2013. On March 1, 2013, the sum of TWO HUNDRED THIRTY NINE THOUSAND THREE HUNDRED SEVENTY FIVE AND 81/100 DOLLARS ($239,375.81) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2014. On March 1, 2014, the sum of TWO HUNDRED FORTY FIVE THOUSAND THREE HUNDRED SIXTY AND 21/100 DOLLARS ($245,360.21) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2015. The Aggregate Basic Rent for the Lease Term, as extended, shall be increased by $4,204,998.00 27,486,139.80 or from $1,580,415.22 10,633,500.00 to $5,785,413.2238,119,639.80.

Appears in 1 contract

Samples: Lease (Synopsys Inc)

BASIC RENTAL FOR EXTENDED TERM OF LEASE. The monthly Basic Rental for the Extended Term of Lease shall be as follows: On March 1, 1999, the sum of FORTY THREE TWENTY SEVEN THOUSAND FIVE HUNDRED THIRTY SEVENTY TWO AND NO/100 DOLLARS ($43,530.0027,572.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2000. On March 1, 2000, the sum of FORTY FIVE TWENTY EIGHT THOUSAND SEVEN NINE HUNDRED SIX FIFTY AND 50/100 60/100 DOLLARS ($45,706.5028,950.60) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2001. On March 1, 2001, the sum of FORTY SEVEN THIRTY THOUSAND EIGHT THREE HUNDRED EIGHTY THREE TWENTY NINE AND NO/100 20/100 DOLLARS ($47,883.0030,329.20) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2002. Initial: ______ On March 1, 2002, the sum of FIFTY THIRTY ONE THOUSAND FIFTY NINE SEVEN HUNDRED SEVEN AND 50/100 80/100 DOLLARS ($50,059.5031,707.80) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2003. On March 1, 2003, the sum of FIFTY TWO THIRTY THREE THOUSAND TWO HUNDRED THIRTY EIGHTY SIX AND NO/100 40/100 DOLLARS ($52,236.0033,086.40) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2004. On March 1, 2004, the sum of FIFTY THIRTY FOUR THOUSAND FOUR HUNDRED TWELVE SIXTY Initial: _________ FIVE AND 50/100 NO/100 DOLLARS ($54,412.5034,465.00) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2005. On March 1, 2005, the sum of FIFTY SIX THIRTY FIVE THOUSAND FIVE EIGHT HUNDRED EIGHTY NINE FORTY THREE AND NO/100 60/100 DOLLARS ($56,589.0035,843.60) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2006. The Aggregate Basic Rent for the Lease shall be increased by $4,204,998.00 2,663,455.20 or from $1,580,415.22 894,133.28 to $5,785,413.223,557,588.48.

Appears in 1 contract

Samples: Lease (Adac Laboratories)

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BASIC RENTAL FOR EXTENDED TERM OF LEASE. The monthly Basic Rental for the Extended Term of Lease shall be as follows: On March August 1, 19991998, the sum of FORTY THREE EIGHT THOUSAND FIVE EIGHT HUNDRED THIRTY EIGHTY EIGHT AND NO/100 DOLLARS ($43,530.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2000. On March 1, 2000, the sum of FORTY FIVE THOUSAND SEVEN HUNDRED SIX AND 50/100 DOLLARS ($45,706.50) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2001. On March 1, 2001, the sum of FORTY SEVEN THOUSAND EIGHT HUNDRED EIGHTY THREE AND NO/100 DOLLARS ($47,883.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2002. Initial: ______ On March 1, 2002, the sum of FIFTY THOUSAND FIFTY NINE AND 50/100 DOLLARS ($50,059.50) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2003. On March 1, 2003, the sum of FIFTY TWO THOUSAND TWO HUNDRED THIRTY SIX AND NO/100 DOLLARS ($52,236.00) shall be due, and a like sum due on the first day of each month thereafter through and including February 1, 2004. On March 1, 2004, the sum of FIFTY FOUR THOUSAND FOUR HUNDRED TWELVE AND 50/100 DOLLARS ($54,412.5048,888.00) shall be due, and a like sum due on the first day of each month thereafter, through and including February July 1, 20051999. On March August 1, 20051999, the sum of FIFTY SIX ONE THOUSAND FIVE HUNDRED EIGHTY NINE SIXTY AND NO/100 80/100 DOLLARS ($56,589.0051,060.80) shall be due, and a like sum due on the first day of each month thereafter, through and including February July 1, 2000. On August 1, 2000, the sum of FIFTY THREE THOUSAND TWO HUNDRED THIRTY THREE AND 60/100 DOLLARS ($53,233.60) shall be due, and a like sum due on the first day of each month, through and including July 1, 2001. On August 1, 2001, the sum of FIFTY FIVE THOUSAND FOUR HUNDRED SIX AND 40/100 DOLLARS ($55,406.40) shall be due, and a like sum due on the first day of each month through and including July 1, 2002. On August 1, 2002, the sum of FIFTY SEVEN THOUSAND FIVE HUNDRED SEVENTY NINE AND 20/100 DOLLARS ($57,579.20) shall be due, and a like sum due on the first day of each month through and including July 1, 2003. On August 1, 2003, the sum of FIFTY NINE THOUSAND SEVEN HUNDRED FIFTY TWO AND NO/100 DOLLARS ($59,752.00) shall be due, and a like sum due on the first day of each month through and including July 1, 2004. On August 1, 2004, the sum of SIXTY ONE THOUSAND NINE HUNDRED TWENTY FOUR AND 80/100 DOLLARS ($61,924.80) shall be due, and a like sum due on the first day of each month through and including July 1, 2005. On August 1, 2005, the sum of SIXTY FOUR THOUSAND NINETY SEVEN AND 60/100 DOLLARS ($64,097.60) shall be due, and a like sum due on the first day of each month through and including July 1, 2006. The Aggregate Basic Rent for the Lease shall be increased by $4,204,998.00 5,423,308.80 or from $1,580,415.22 1,054,728.79 to $5,785,413.226,478,037.59.

Appears in 1 contract

Samples: Sublease (Leadis Technology Inc)

BASIC RENTAL FOR EXTENDED TERM OF LEASE. The monthly Basic Rental for the Extended Term of Lease shall be as follows: On March October 1, 19992006, the sum of FORTY THREE ONE HUNDRED EIGHTY ONE THOUSAND FIVE FOUR HUNDRED THIRTY NINE AND NO/100 28/100 DOLLARS ($43,530.00181,409.28) shall be due, and a like sum due on the first day of each month thereafter through and including February September 1, 20002007. On March October 1, 20002007, the sum of FORTY FIVE ONE HUNDRED EIGHTY SIX THOUSAND SEVEN ONE HUNDRED SIX THIRTY THREE AND 50/100 48/100 DOLLARS ($45,706.50186,133.48) shall be due, and a like sum due on the first day of each month thereafter through and including February September 1, 20012008. On March October 1, 20012008, the sum of FORTY SEVEN ONE HUNDRED NINETY THOUSAND EIGHT HUNDRED EIGHTY THREE FIFTY SEVEN AND NO/100 68/100 DOLLARS ($47,883.00190,857,68) shall be due, and a like sum due on the first day of each month thereafter through and including February September 1, 20022009. Initial: ______ On March October 1, 20022009, the sum of FIFTY ONE HUNDRED NINETY FIVE THOUSAND FIFTY NINE FIVE HUNDRED EIGHTY ONE AND 50/100 88/100 DOLLARS ($50,059.50195,581.88) shall be due, and a like sum due on the first day of each month thereafter through and including February September 1, 20032010. On March October 1, 20032010, the sum of FIFTY TWO THOUSAND TWO HUNDRED THIRTY THOUSAND THREE HUNDRED SIX AND NO/100 08/100 DOLLARS ($52,236.00200,306.08) shall be due, and a like sum due on the first day of each month thereafter through and including February September 1, 2004. On March 1, 2004, the sum of FIFTY FOUR THOUSAND FOUR HUNDRED TWELVE AND 50/100 DOLLARS ($54,412.50) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 2005. On March 1, 2005, the sum of FIFTY SIX THOUSAND FIVE HUNDRED EIGHTY NINE AND NO/100 DOLLARS ($56,589.00) shall be due, and a like sum due on the first day of each month thereafter, through and including February 1, 20062011. The Aggregate Basic Rent for the Lease shall be increased by $4,204,998.00 11,451,460.80 or from $1,580,415.22 21,171,029.88 to $5,785,413.2232,622,490.68.

Appears in 1 contract

Samples: Lease Agreement (Maxtor Corp)

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