Commencing on the Rent Commencement Date Sample Clauses

Commencing on the Rent Commencement Date. Tenant agrees to pay to Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on or before the first day of each full calendar month during the Term. The Monthly Installment of Rent in effect at any time shall be one-twelfth of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the Monthly Installment of Rent based upon a thirty (30) day month. Said rent shall be paid to Landlord, without deduction or offset and without notice or demand, at the Landlord's address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing. Notwithstanding the above and subject to Section 2.1 above, Tenant's rent commencement date shall begin sixty (60) days after the Commencement Date ("Rent Commencement Date"). Landlord and Tenant shall execute an amendment to the Lease setting forth the final Rent Commencement Date. Commencing on the first anniversary of the Rent Commencement Date and on each anniversary thereafter, including during any Renewal Term, the Annual Rent shall increase Fifty Cents ($0.50) per rentable square foot.
Sample 1
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Commencing on the Rent Commencement Date. Tenant agrees to pay to Landlord the Annual Rent in effect from time to time by paying the monthly installment of Annual Rent then in effect on or before the first day of each full calendar month during the Term. The monthly installment of Annual Rent in effect at any time shall be one-twelfth of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the monthly installment of Annual Rent based upon a thirty (30) day month. Said monthly installments of Annual Rent shall be paid to Landlord, without deduction or offset and without notice or demand except as specifically set forth herein, at the Landlord’s address, as set forth on the Reference Page, or to such other person or at such other place as Landlord may from time to time designate in writing.
Sample 1
Commencing on the Rent Commencement Date. Landlord shall make available, or shall cause Operator to make available, up to five (5) monthly parking permits, at no additional cost to Tenant or its Affiliates, for use by Tenant's officers and employees at the Premises or the officers and employees of Tenant's Affiliates at the Premises.
Sample 1
Commencing on the Rent Commencement Date. (as defined in the Lease) the Annual Rent shall be $1,700,000.00, payable in equal monthly installments of $141,666.67, subject, however, to the provisions of the Lease. The Annual Rent has been calculated at the annual rate of $8.50 per square foot of rentable area of the Leased Premises.
Sample 1
Commencing on the Rent Commencement Date. Tenant shall pay and discharge all ad valorem real estate taxes and assessments which shall be due and payable with respect to the Taxable Premises (as such term is hereinafter defined) during the Lease Term, or for improvements made to the Shopping Center after its initial development. Tenant shall make all such payments prior to delinquency or the accrual of interest or penalties. To the extent determined by law, Tenant may pay any assessment to which Xxxxxx is obligated to contribute hereunder in annual installments. In the event any such assessment shall be payable in a lump sum or on an installment basis, Tenant shall have the sole right to elect the basis of payment. If Tenant shall elect to pay such assessment on the installment basis, then Tenant shall pay only those installments which shall become due and payable during the Lease Term. Any such installments due and payable in the years in which this lease commences and terminates shall be prorated proportionately. Tenant shall not be chargeable with nor be obligated to pay (a) any tax of any kind whatsoever which may be imposed upon Landlord as an income tax or (b) any interest or penalties payable as a result of Landlord's failure to pay any taxes or assessments prior to delinquency, except the ad valorem real estate taxes and assessments mentioned in the first paragraph of this Article 5 if they are separately billed to Tenant. Landlord shall, at its expense, use reasonable efforts to have the Taxable Premises (as hereinafter defined) separately assessed from any contiguous lands, contiguous buildings and from any additional lands and improvements incorporated into the Demised Premises in the future or, in the alterative, if a separate assessment is unobtainable, shall obtain a certificate of assessment upon the Taxable Premises. Tenant shall pay such taxes and assessments as shall be attributable to the Taxable Premises directly to the taxing authority (if a separate assessment is obtained as hereinbefore provided). If the Taxable Premises are not separately assessed but a certificate of assessment is available, Tenant shall pay to Landlord the amount of ad valorem real estate taxes and assessments attributable to the Taxable Premises in accordance with the certificate of assessment. If the Taxable Premises are not separately assessed and a certificate of assessment is not obtainable, Tenant shall pay to Landlord its Proportionate Share of ail ad valorem real estate taxes and assessments attrib...
Sample 1

Related to Commencing on the Rent Commencement Date

  • Rent Commencement Date The "Rent Commencement Date" shall be the date that Tenant first uses the Premises or any portion thereof for any purpose permitted under this lease. In the event this lease pertains to a building or building interior finish to be constructed, the "Rent Commencement Date" shall be the date upon which the buildings and other improvements erected and to be erected upon the premises shall have been substantially completed in accordance with the plans and specifications described on Exhibit "C" attached hereto and incorporated herein by reference, provided however, that if Landlord shall be delayed in such substantial completion as a result of: (i) Tenant's failure to agree to plans, specifications, and cost estimates, within a reasonable period of time; (ii) Tenant's request for materials, finishes or installations other than Landlord's standard; (iii) Tenant's changes in plans: the commencement date and the payment of rent hereunder shall be accelerated by the number of days of such delay, and provided further that if Landlord cannot substantially complete the premises as a result of any events (i) through (iii) above, Landlord may as its election complete so much of Landlord's work as may be practical under the circumstances and, by written notice to Tenant, establish the commencement date as the date of such partial completion, subject to any applicable accelerations due to delays resulting from events (i) through (iii) above. Taking possession by Tenant shall be deemed conclusively to establish that said buildings and other improvements have been completed in accordance with the plans and specifications and that the premises are in good and satisfactory condition, as of when possession was so taken. Tenant acknowledges that no representations as to the repair of the premises have been made by Landlord, unless such are expressly set forth in the lease. After such "Rent Commencement Date" Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the premises. In the event of any dispute as to substantial completion of work performed, execute or required to be performed by Landlord, the certificate of Landlord's architect or general contractor shall be conclusive.

  • Commencement Date The Subcontractor shall be permitted to begin the Services on ______________________, 20____ (“Commencement Date”).

  • Lease Commencement Date The earlier to occur of (i) the date upon which Tenant first commences to conduct business in the Premises, and (ii) sixty (60) days following the date of delivery of the Premises from Landlord to Tenant, which delivery date is anticipated to be May 1, 2002, as such date may be adjusted pursuant to the Tenant Work Letter attached hereto as Exhibit B.

  • Term Commencement Date The term of this Agreement shall commence on , 2020 (the “Commencement Date”) and, unless earlier terminated in accordance with the terms of this Agreement, shall end on June 30, 2055 (the “Term”).

  • COMMENCEMENT/EXPIRATION DATE This instrument is executed as of the date of last signature and is effective for five years from that date, at which time it will expire unless extended.

  • Holiday Falling on a Scheduled Workday An employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double-time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double-time and one-half for hours worked, plus a day off in lieu of the holiday.

  • Month A period commencing at 10:00 a.m., Eastern Standard Time, on the first Day of a calendar month and extending until 10:00 a.m., Eastern Standard Time, on the first Day of the next succeeding calendar month. Monthly shall have the correlative meaning.

  • Service Commencement Date The date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Section 15.3 or Section 29.1 under the Tariff.

  • Beginning (i) no earlier than eleven (11) weeks before the expected birth date, and

  • Extension Period Any extension hereof shall be subject to the provisions of Article III hereof.

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