MINIMUM ANNUAL. RENT Tenant shall pay to Landlord as Annual Rent for the Premises the sum of $503,316 in respect of each year of the Term, payable in advance and without notice in monthly instalments of $41,943.00 each on the Commencement Date and on the first day of each calendar month thereafter during the Term.
Appears in 2 contracts
Sources: Lease of Office Space (Webgain Inc), Lease Agreement (Webgain Inc)