Common use of First Partial Month Clause in Contracts

First Partial Month. If the first day of the Lease Term occurs on a day other than the first day of a calendar month; Minimum Monthly Rent for such partial month ending on the last day of the calendar month in which the Lease Term commences shall be prorated based on a 30-day month, and as so prorated shall be paid on the date of execution of the Lease.‌

Appears in 1 contract

Sources: Lease Agreement

First Partial Month. If the first day of the Lease Term term occurs on a day other than the first day of a calendar month; Minimum Monthly Rent fixed minimum rent for such partial month ending on the last day of the calendar month in which the Lease Term term commences shall be prorated based on a 30-day month, and as so prorated shall be paid on the date of execution of the Lease.‌Lease.

Appears in 1 contract

Sources: Lease Agreement (Zumiez Inc)

First Partial Month. If the first day of the Lease Term occurs on a day other than the first day of a calendar month; Minimum Monthly Rent for such partial month ending on the last day of the calendar month in which the Lease Term commences shall be prorated based on a 30-day month, and as so prorated shall be paid on the date of execution of the Lease.‌Lease.

Appears in 1 contract

Sources: Sublease Agreement (Erickson Inc.)