Initial Monthly Rent. Tenant shall pay to Landlord as minimum monthly rent, without deduction, setoff, prior notice, or demand, the Basic Monthly Rent described in the Principal Lease Provisions (subject to adjustment as provided in the attached Addendum), in advance, on or before the first day of each calendar month, beginning on the Rent Commencement Date and thereafter throughout the Term. If the Rent Commencement Date is other than the first day of a calendar month, then the Basic Monthly Rent payable by Tenant for the second month of the Term following the Rent Commencement Date (acknowledging that the first month’s rent is payable upon Lease execution) shall be prorated on the basis of the actual number of days during the Term occurring during the first partial calendar month thereof. Notwithstanding the foregoing, if Landlord is delayed in completion of Landlord’s Work due to any Tenant Delays, then in addition to the Basic Monthly Rent payable for the first month of the Term following the Rent Commencement Date, Tenant shall additionally pay to Landlord, upon the Rent Commencement Date, additional rent, at the rate of one-thirtieth of the Basic Monthly Rent per day, for the number of days of such delay.
Initial Monthly Rent. The Lessee shall pay to the Lessor as rent for the Premises an Initial Monthly Rent in the amount specified in Item 4 of the Basic Lease Provisions in advance on the first day of each month, commencing on the Rent Commencement Date specified in Item 6 of the Basic Lease Provisions.
Initial Monthly Rent. Tenant shall pay to Landlord as minimum monthly rent, without deduction, setoff, prior notice, or demand (except as otherwise specifically provided in this Lease), the Basic Monthly Rent described in the Principal Lease Provisions, in advance, on or before the first day of each calendar month, beginning on the Rent Commencement Date and continuing thereafter throughout the Initial Lease Term, with the exception of the months in which rent abates pursuant to Paragraph 7.1.1, below. If the Rent Commencement Date is other than the first day of a calendar month, then the Basic Monthly Rent payable by Tenant for the second month of the Term following the Rent Commencement Date (acknowledging that the first month’s rent is payable upon Lease execution) shall be prorated on the basis of the actual number of days during the Term occurring during the first partial calendar month thereof.
Initial Monthly Rent. The amounts of the initial monthly Base Rent and Additional Rent for Tenant’s Proportionate Share of Operating Expenses and Taxes are set forth in the Summary of Lease Terms.
Initial Monthly Rent. The Monthly Rent during the Extension shall be --------------------- adjusted, as of the commencement of the Extension (the "Rental Adjustment Date") to 95% of the "Fair Market Value" of the Premises, determined in the following manner: Not later than one hundred (100) days prior to the Rental Adjustment Date, Landlord and Tenant shall meet in an effort to negotiate, in good faith, the Fair Market Value of the Premises as of the Rental Adjustment Date. If Landlord and Tenant have not agreed upon the Fair Market Value of the Premises at least ninety (90) days prior to the Rental Adjustment Date, the Fair Market Value shall be determined by the following appraisal method:
Initial Monthly Rent. For the first Year Of The Lease Term, Tenant shall pay to Landlord Initial Monthly Rent, as provided in Section 1.32 hereof. If the parties enter into Parcel Leases pursuant to Section 2.2, the Initial Monthly Rent will be apportioned between the Parcel Leases in accordance with Section 2.2 hereof.
Initial Monthly Rent. The amounts of the initial monthly Basic Rent and Additional Rent for Tenant’s Proportionate Share of Operating Expenses and Taxes are as follows: Basic Rent (Section 2.2) $ 83,798.67 Excess Taxes (Defined below) $ 0.00 Excess Utilities $ 0.00 Excess Common Area Expenses $ 0.00 Total initial monthly payment $ 83,798.67
Initial Monthly Rent. “Initial Monthly Rent” shall mean the Monthly Rent payable by Tenant for the first full calendar month of the first Lease Year.
Initial Monthly Rent. Adjustment Deposit (commencing August 1, 2013): $27,883.84.
Initial Monthly Rent. Four Thousand, Four Hundred, Forty Five Dollars ($4,445.00), adjusted annually pursuant to Section 3(c) below.
