Fixed Rent. Tenant covenants to pay to Landlord as a net minimum rent (“Fixed Rent”), as follows: __/__/2021 – __/__/2022 $ 42.436 $ 74,263.00 $ 891,156.00 __/__/2022 – __/__/2023 $ 43.709 $ 76,490.89 $ 917,890.68 __/__/2023 – __/__/2024 $ 45.020 $ 78,785.62 $ 945,427.44 __/__/2024 – __/__/2025 $ 46.371 $ 81,149.19 $ 973,790.28 __/__/2025 – __/__/2026 $ 47.762 $ 83,583.66 $ 1,003,003.93 __/__/2026 – __/__/2027 $ 49.195 $ 86,091.17 $ 1,033,094.04 __/__/2027 – __/__/2028 $ 50.671 $ 88,673.91 $ 1,064,086.92 __/__/2028 – __/__/2029 $ 52.191 $ 91,334.12 $ 1,096,009.44 __/__/2029 – __/__/2030 $ 53.757 $ 94,074.15 $ 1,128,889.76 __/__/2030 – __/__/2031 $ 55.369 $ 96,896.37 $ 1,162,756.45 Tenant shall pay the Annual Fixed Rent in advance in equal monthly installments of the monthly Fixed Rent on the 1st day of each calendar month.
Appears in 3 contracts
Sources: Lease Agreement (1847 Goedeker Inc.), Securities Purchase Agreement (1847 Goedeker Inc.), Securities Purchase Agreement (1847 Goedeker Inc.)
Fixed Rent. Tenant covenants to pay to Landlord as a net minimum rent (“Fixed Rent”), as follows: __/__/2021 – __/__/2022 $ 42.436 20.101 $ 74,263.00 6,365.40 $ 891,156.00 76,384.80 __/__/2022 – __/__/2023 $ 43.709 20.704 $ 76,490.89 6,556.36 $ 917,890.68 78,676.34 __/__/2023 – __/__/2024 $ 45.020 21.325 $ 78,785.62 6,753.05 $ 945,427.44 81,036.63 __/__/2024 – __/__/2025 $ 46.371 21.965 $ 81,149.19 6,995.64 $ 973,790.28 83,467.73 __/__/2025 – __/__/2026 $ 47.762 22.624 $ 83,583.66 7,164.31 $ 1,003,003.93 85,971.77 __/__/2026 – __/__/2027 $ 49.195 23.303 $ 86,091.17 7,379.24 $ 1,033,094.04 88,550.92 __/__/2027 – __/__/2028 $ 50.671 24.002 $ 88,673.91 7,600.62 $ 1,064,086.92 91,207.45 __/__/2028 – __/__/2029 $ 52.191 24.722 $ 91,334.12 7,828.64 $ 1,096,009.44 93,943.67 __/__/2029 – __/__/2030 $ 53.757 25.464 $ 94,074.15 8,063.50 $ 1,128,889.76 96,761.98 __/__/2030 – __/__/2031 $ 55.369 26.228 $ 96,896.37 8,305.40 $ 1,162,756.45 99,664.84 Tenant shall pay the Annual Fixed Rent in advance in equal monthly installments of the monthly Fixed Rent on the 1st day of each calendar month.
Appears in 3 contracts
Sources: Lease Agreement (1847 Goedeker Inc.), Securities Purchase Agreement (1847 Goedeker Inc.), Securities Purchase Agreement (1847 Goedeker Inc.)
Fixed Rent. Tenant covenants to pay to Landlord as a net minimum rent (“Fixed Rent”), as follows: __/__/2021 – __/__/2022 $ 42.436 31.827 $ 74,263.00 5,304.50 $ 891,156.00 63,654.00 __/__/2022 – __/__/2023 $ 43.709 32.782 $ 76,490.89 5,463.64 $ 917,890.68 65,563.62 __/__/2023 – __/__/2024 $ 45.020 33.765 $ 78,785.62 5,627.54 $ 945,427.44 67,530.53 __/__/2024 – __/__/2025 $ 46.371 34.778 $ 81,149.19 5,796.37 $ 973,790.28 69,556.44 __/__/2025 – __/__/2026 $ 47.762 35.822 $ 83,583.66 5,970.26 $ 1,003,003.93 71,643.14 __/__/2026 – __/__/2027 $ 49.195 36.896 $ 86,091.17 6,149.37 $ 1,033,094.04 73,792.43 __/__/2027 – __/__/2028 $ 50.671 38.003 $ 88,673.91 6,333.85 $ 1,064,086.92 76,006.20 __/__/2028 – __/__/2029 $ 52.191 39.143 $ 91,334.12 6,523.87 $ 1,096,009.44 78,286.39 __/__/2029 – __/__/2030 $ 53.757 40.317 $ 94,074.15 6,719.58 $ 1,128,889.76 80,634.98 __/__/2030 – __/__/2031 $ 55.369 41.527 $ 96,896.37 6,921.17 $ 1,162,756.45 83,054.03 Tenant shall pay the Annual Fixed Rent in advance in equal monthly installments of the monthly Fixed Rent on the 1st day of each calendar month.
Appears in 2 contracts
Sources: Securities Purchase Agreement (1847 Goedeker Inc.), Securities Purchase Agreement (1847 Goedeker Inc.)