FIRST AND LAST MONTH’S RENT Sample Clauses

FIRST AND LAST MONTH’S RENT. The first and last month's rent in the amount of Ninety-Six Thousand Four Hundred Fifty-Six and No/100 Dollars ($96,456.00) will accompany this Lease. Landlord acknowledges that said amount shall be reduced by Five Thousand and No/100 Dollars ($5,000.00), which represents the credit for Tenant's contribution to the cost of construction drawings of the Premises as previously denoted in Paragraph 3.
Sample 1Sample 2
AutoNDA by SimpleDocs
FIRST AND LAST MONTH’S RENT. For applicants approved for the program by MOF, Service Managers may provide funding directly for first and last month’s rent, where the applicant has demonstrated to the Service Manager a need to receive the payment. Where Service Managers have a method for determining household need under the Community Homelessness Prevention Initiative Program, a similar process should be applied. The amount of first and last month’s rent shall not exceed the lesser of: • Twice the amount of the actual rent paid by the approved household; or • Twice the amount of 100 per cent of the CMHC AMR for an appropriately sized rental unit, based on household composition. MHO will flow these funds to Service Managers on a quarterly basis retroactively, in accordance with Service Manager quarterly reports. In-Year Changes As indicated on the application form, participants must report any changes in personal information (e.g., household composition, address) as soon as possible to the ServiceOntario Information Centre. Subject to the following, recipients are not required to report an increase in income during the year or undergo a reassessment of the monthly benefit due to an increase in income. MOF will perform an in-year reassessment of recipient eligibility and/or monthly benefits under the following circumstances: • A recipient contacts the ServiceOntario Information Centre to request a reassessment due to a significant decrease of at least 20 per cent in household income (limited to one in-year reassessment each year). • A recipient contacts the ServiceOntario Information Centre to advise of a move to a different Service Manager area (this may affect AMR and therefore the monthly benefit received). • A recipient contacts the ServiceOntario Information Centre to advise of a permanent change to household composition. • A recipient contacts the ServiceOntario Information Centre to advise that they have started or stopped receiving assistance under the Xxxxxxx Xxxxx Xxx, 0000 or the Ontario Disability Support Program Act, 1997. • A recipient who is receiving social assistance contacts the ServiceOntario Information Centre to advise of a change (increase or decrease) in shelter costs. • A Service Manager or recipient advises the ServiceOntario Information Centre that they have ceased to be eligible on certain grounds for continued eligibility (e.g., the recipient is receiving another government-funded housing benefit). When performing an in-year review, MOF will request the necess...
Sample 1
FIRST AND LAST MONTH’S RENT. Concurrently with the Lessee’s execution of this Lease, the Lessee shall deliver to the Lessor the sum of fifty three thousand three hundred eighty five dollars and seventy cents ($53,385.70) to be applied to the first and last month’s Rent, and for performance by Lessee of Lessee’s obligations hereunder, notwithstanding any other obligations of the Lessee as defined in this Lease. This amount shall not bear interest. Any balance shall be returned to Lessee at the expiration or sooner termination of this Lease, after satisfaction of any and all of Lessee’s obligations under this Lease.
Sample 1
FIRST AND LAST MONTH’S RENT. Lessor will collect from Lessee, before or upon signing of this lease, an amount equal to two months rent plus applicable sales tax, to be applied toward the first and last rental months. This Sum is in addition to the security deposit sighted in Paragraph 15.
Sample 1
FIRST AND LAST MONTH’S RENT. Lessor acknowledges receipt from Lessee of the sum of $ paid by Lessee representing the first (1st) and last month’s monthly rental under this Lease. Lessor and Lessee understand and agree that if the actual monthly rental for the last month’s rent exceeds the amount of deposit for the last month’s rent, then Lessee agrees to pay the difference to Lessor on or before the first (1st) day of the last month of the Lease Term.
Sample 1
FIRST AND LAST MONTH’S RENT. 8. A deposit equal to two month's rent is due at the time of acceptance of this Lease to the Landlord, to be applied to the first and last month's rent due under this Lease and/or for another reason as otherwise described in this agreement.
Sample 1
FIRST AND LAST MONTH’S RENT. First and last month’s rent is due on the first day the property is overtaken by the tenant for lease. The amount will be for the firsts month’s prorated rent of and the final month’s prorated rent of for a total of . Should the lease be extended beyond the current lease, there will not be a request for an adjustment to reflect future last month’s rents, only the rent difference.
Sample 1
AutoNDA by SimpleDocs
FIRST AND LAST MONTH’S RENT. § 2.05. Upon the execution of this Lease, the Tenant shall pay to Landlord the first month’s rent and all sales tax thereupon ($7,000, plus sales tax). Tenant shall pay to Landlord the last month’s rent, plus sales tax, in two installments: $3,500.00 plus sales tax shall be payable on February 1, 2003; and $3,500.00 plus sales tax shall be payable on March 1, 2003. The last month’s rent shall be further adjusted in accordance with the Cost of Living Increase applicable at such time as the last month’s rent is due and said adjustment shall be paid at that time.
Sample 1
FIRST AND LAST MONTH’S RENT. The first and last month’s rent in the amount of Ten Thousand Three Hundred Twenty-Four and 17/100, Dollars ($10,324.17) shall accompany this Lease, when returned for approval by the Landlord. If this Lease is not approved by the Landlord within thirty (30) days of its submission to the Landlord, the above sum will be refunded in full.
Sample 1

Related to FIRST AND LAST MONTH’S RENT

  • MONTH'S RENT The Tenant is required to pay the first (1st) month's rent: (check one) ☐ - Upon the execution of this Agreement. ☐ - Upon the first (1st) day of the Lease Term.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

  • Annual Base Rent Section 5.1 Effective as of the Effective Date, the first sentence of Section 5.1 of the Lease shall be deemed modified and restated in its entirety as follows: "During the Initial Term Tenant agrees to pay to Landlord annual base rent for the Premises (the "ANNUAL BASE RENT") at the rate of Three Million Eight Hundred Thousand and 00/100 Dollars ($3,800,000.00) per annum (the "INITIAL ANNUAL BASE RENT AMOUNT"). Notwithstanding the foregoing, provided that Tenant is not then in default under this Lease beyond any applicable period set forth in this Lease within which the default may be cured, Tenant shall be entitled to an aggregate credit of $1,000,000 to be applied in twelve (12) equal monthly installments of $83,333.33 against the monthly installments of Annual Base Rent due hereunder for the second through thirteenth calendar months of the Initial Term (the "FREE RENT PERIOD"); it being further agreed, however, that if Tenant is in default under this Lease beyond any applicable cure period, then (a) any credit not given Tenant during the period of such default shall only be suspended and shall be given to Tenant, and carried forward if not capable of immediately being used in its entirety until capable of being so used in its entirety, upon any subsequent cure by Tenant of such default and any other then existing default(s) by Tenant under this Lease, and (b) Tenant shall further be entitled to all monthly installments of such credit otherwise to be applied, pursuant to the terms hereof, after such subsequent cure(s). Notwithstanding anything to the contrary in this Lease, if there shall be Net Distributable Cash for the Free Rent Period, but calculated for this purpose only without reference to any additional rent payable pursuant to this sentence, then Tenant shall pay an amount (such amount, the "FREE RENT MAKE-UP") equal to the lesser of (1) the amount of the $1,000,000 credit set forth above actually applied against Annual Base Rent as provided above, whether such application against Annual Base Rent was made during the Free Rent Period or subsequent thereto (i.e., if any portion of such credit is so applied after the Free Rent Period pursuant to either or both of the preceding clauses (a) and (b)) or (2)

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Base Rent 3.1 Beginning on the Rent Commencement Date, Tenant shall pay, without prior notice or demand, to Landlord or Landlord’s agent at the management office of the Project, or, at Landlord’s option, at such other place as Landlord may from time to time designate in advance and in writing, (i) by a check for currency which, at the time of payment, is legal tender for private or public debts in the United States of America, or (ii) if so elected by Tenant, by electronic funds transfer to the account of Landlord as provided to Tenant, base rent (“Base Rent”) as set forth in Section 4 of the Summary, payable in equal monthly installments as set forth in Section 4 of the Summary in advance on or before the first day of each and every calendar month during the Lease Term, without any setoff or deduction whatsoever. The Base Rent for the first full month of the Lease Term shall be paid at the time of Tenant’s execution of this Lease. If any Rent payment date (including the Rent Commencement Date) falls on a day of the month other than the first day of such month or if any payment of Rent is for a period which is shorter than one month, the Rent for any fractional month shall accrue on a daily basis for the period from the date such payment is due to the end of such calendar month or to the end of the Lease Term at a rate per day which is equal to 1/365 of the applicable annual Rent. All other payments or adjustments required to be made under the terms of this Lease that require proration on a time basis shall be prorated on the same basis. Base Rent and Additional Rent, as defined below, shall together be denominated “Rent.” Without limiting the foregoing, Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by any law or regulation now or hereafter applicable to the Premises, or any other restriction on Tenant’s use, or (except as expressly provided herein) any casualty or taking, or any failure by Landlord to perform any covenant contained herein, or any other occurrence.

  • Excess Rent City shall receive fifty percent (50%) of all Excess Rent payable in connection with any Transfer. “Excess Rent” means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Lease Year Lease Year" means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Base Rental (a) Lessee hereby agrees to pay to Lessor, without setoff or deduction whatsoever, a monthly installment of $3,284.00. Lessee shall also pay, as additional rent, all such other sums of money as shall become due from and payable by Lessee to Lessor under this Lease (Base Rental, any adjustment thereto pursuant to Section 4 hereof, and all such other sums of money due from and payable by Lessee pursuant to this Lease are sometimes hereinafter collectively called "rent"), for the nonpayment of which Lessor shall be entitled to exercise all such rights and remedies as are herein provided in the case of the nonpayment of Base Rental. The Base Rental, together with any adjustment or increase thereto then in effect, shall be due and payable in advance in twelve (12) equal installments on the first (lst) day of each calendar month during the term of this Lease, and Lessee hereby agrees so to pay such Base Rental and any adjustment or increase thereto to Lessor at Lessor's address provided herein (or such other address as may be designated by Lessor in writing from time to time) monthly, in advance, and without demand. If the term of this Lease commences on a day other than the first (lst) day of a month or terminates on a day other than the last day of a month, then the installments of Base Rental and any adjustments thereto for such month or months shall be prorated, and the installment or installments so prorated shall be paid in advance.

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of Article 3 of the Lease.

Time is Money Join Law Insider Premium to draft better contracts faster.