Common use of First Month’s Rent Clause in Contracts

First Month’s Rent. If the Rent Commencement Date shall occur on a date other than the first day of any calendar month, Tenant shall pay to Landlord, on the Rent Commencement Date, a sum equal to the Fixed Rent for such month multiplied by a fraction, the numerator of which shall be the number of calendar days in the period from the Rent Commencement Date to the last day of the month in which the Rent Commencement Date shall occur, both dates inclusive, and the denominator of which shall be the number of calendar days in such month.

First Month’s Rent. If the a Rent Commencement Date in respect of a portion of the Premises shall occur on a date other than the first day of any calendar month, Tenant shall pay to Landlord, on the such Rent Commencement Date, a sum equal to the Fixed Rent applicable to such portion of the Premises for such month multiplied by a fraction, the numerator of which shall be the number of calendar days in the period from the such Rent Commencement Date to the last day of the month in which the such Rent Commencement Date shall occur, both dates inclusive, and the denominator of which shall be the number of calendar days in such month.