Minimum Rent and Additional Rent Sample Clauses

Minimum Rent and Additional Rent owing to Landlord shall be paid by Tenant without notice or demand (except as expressly provided herein as to any item of Additional Rent), set off, counterclaim, abatement, suspension, deduction, deferment, diminution, reduction or defense. The obligations of Tenant hereunder shall be separate and independent covenants and agreements, the Minimum Rent and the Additional Rent owing to Landlord shall continue to be payable in all events and the obligations of Tenant hereunder shall continue unaffected, (unless, and then only to the extent, the requirement to pay or perform the same shall have been terminated pursuant to termination of this Lease as expressly provided in Section 4(b) and in Section 23). Notwithstanding anything to the contrary contained above, Tenant shall have a separate and independent right to sue Landlord with respect to any claim Tenant may have against Xxxdlord under this Lease; provided, however, any judgment in favor of Tenant shall not abate or otherwise affect Tenant's obligation to pay Minimum Rexx xx Additional Rent or terminate or otherwise affect any of Tenant's obligations hereunder, or give rise to any lien, charge or other encumbrance on any Minimum Rent or Additional Rent.
Sample 1
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Minimum Rent and Additional Rent. Section 3.01. Minimum Rent Section 3.02. Minimum Rent Adjustments Section 3.03. Intentionally Deleted Section 3.04. Intentionally Deleted Section 3.05. Intentionally Deleted Section 3.06. Intentionally Deleted Section 3.07. Interest Section 3.08. Shared Costs Under Community Declaration Section 3.09. Payments Under Declaration Regarding Outparcels
Sample 1
Minimum Rent and Additional Rent. Throughout the Term, Sub-Subtenant shall pay to Sub-Sublandlord, an amount per month equal to Sub-Subtenant's pro-rata share of 37.50% (the "Sub-Subtenant's Pro-Rata Share") of all payments of Minimum Rent and Additional Rent, as those terms are defined in the Sublease and as provided in this Sub-Sublease. Said Sub-Subtenant's Pro-Rata Share is based upon the M&M Space together with the Sub-Subtenant's Pro-Rata Share of the rentable square footage on the first floor presently sub-subleased (the "BOI Space") to the Bank of Ireland Asset Management (U.S.) Limited ("BOI") and the Sub-Subtenant's Pro-Rata Share of the common facilities of the Building. All such payments by Sub-Subtenant shall be made in advance on the first day of each calendar month during the Term. For purposes of this section, "Additional Rent" shall include, but not be limited to, payments with respect to Operating Expenses, Taxes, charges for electrical service, all as defined in the Sublease, and subject to the approval of Sub-Subtenant, shall also include expenses incurred by Sub-Sublandlord for interior cleaning services, security systems and security personnel, maintenance and operation of the fitness facility and cafeteria and all other costs and expenses incurred by Sub-Sublandlord in connection with this Sub-Sublease, the Land or the Building, including, but not limited to, all of the items excluded from Operating Expenses which are set forth in Subparagraph 3.a. (vii) of the Sublease, which are paid by Sublandlord. In addition, Sub-Subtenant shall share with Sub-Sublandlord on a pro-rata basis (i.e. the Sub-Subtenant shall retain the Sub-Subtenant's Pro-Rata Share of each such benefit or credit and the balance shall be paid or credited to Sub-Sublandlord) any and all benefits or credits derived or received by Sub-Subtenant in connection with this Sub-Sublease, including, without limitation, any credits or payments received by Sub-Subtenant relating to brokerage commissions or similar arrangements in connection with this Sub-Sublease or the Sublease. Sub-Sublandlord agrees to share with Sub-Subtenant on a pro-rata basis all payments of Rent and Additional Rent received by Sub-Sublandlord from BOI or any successor sub-subtenant of the BOI Space (i.e. the Sub-Sublandlord shall pay or credit the Sub-Subtenant with Sub-Subtenant's Pro-Rata Share of such Rent or Additional Rent, and shall retain the balance).
Sample 1
Minimum Rent and Additional Rent 
Sample 1

Related to Minimum Rent and Additional Rent

  • Minimum Rent The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

  • Additional Rent Any monetary obligations of Lessee to Lessor under the terms of this Lease shall be deemed to be rent.

  • Base Rent 3.1 Beginning on the Rent Commencement Date, Tenant shall pay, without prior notice or demand, to Landlord or Landlord’s agent at the management office of the Project, or, at Landlord’s option, at such other place as Landlord may from time to time designate in advance and in writing, (i) by a check for currency which, at the time of payment, is legal tender for private or public debts in the United States of America, or (ii) if so elected by Tenant, by electronic funds transfer to the account of Landlord as provided to Tenant, base rent (“Base Rent”) as set forth in Section 4 of the Summary, payable in equal monthly installments as set forth in Section 4 of the Summary in advance on or before the first day of each and every calendar month during the Lease Term, without any setoff or deduction whatsoever. The Base Rent for the first full month of the Lease Term shall be paid at the time of Tenant’s execution of this Lease. If any Rent payment date (including the Rent Commencement Date) falls on a day of the month other than the first day of such month or if any payment of Rent is for a period which is shorter than one month, the Rent for any fractional month shall accrue on a daily basis for the period from the date such payment is due to the end of such calendar month or to the end of the Lease Term at a rate per day which is equal to 1/365 of the applicable annual Rent. All other payments or adjustments required to be made under the terms of this Lease that require proration on a time basis shall be prorated on the same basis. Base Rent and Additional Rent, as defined below, shall together be denominated “Rent.” Without limiting the foregoing, Tenant’s obligation to pay Rent shall not be discharged or otherwise affected by any law or regulation now or hereafter applicable to the Premises, or any other restriction on Tenant’s use, or (except as expressly provided herein) any casualty or taking, or any failure by Landlord to perform any covenant contained herein, or any other occurrence.

  • Monthly Rent The rent amount for the initial period shall be: _ Dollars ($_ ) paid on the _ (#) day of every month and: (check one) ☐ - Shall remain the same during the Initial Term. ☐ - Shall increase during the Initial Term as follows: 1st Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) 2nd Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ )

  • Additional Rental Lessee shall pay and discharge, as additional rental (“Additional Rental”), all sums of money required to be paid by Lessee under this Lease which are not specifically referred to as Rental. Lessee shall pay and discharge any Additional Rental when the same shall become due, provided that amounts which are billed to Lessor or any third party, but not to Lessee, shall be paid within fifteen (15) days after Lessor’s demand for payment thereof or, if later, when the same are due. In no event shall Lessee be required to pay to Lessor any item of Additional Rental that Lessee is obligated to pay and has paid to any third party pursuant to any provision of this Lease.

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on October 22, 2023, or such earlier date on which the Lease shall be terminated as provided therein.

  • Fixed Rent Tenant agrees to pay to Landlord, on the Rent Commencement Date, and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Lease Term, a sum equal to one-twelfth (1/12th) of the Annual Fixed Rent specified in Section 1.1 hereof. Until notice of some other designation is given, fixed rent and all other charges for which provision is herein made shall be paid by remittance to or for the order of Boston Properties Limited Partnership, as agent of Landlord. All remittances received by BOSTON PROPERTIES LIMITED PARTNERSHIP, as agent as aforesaid, or by any subsequently designated recipient, shall be treated as a payment to Landlord. Annual Fixed Rent for any partial month shall be paid by Tenant to Landlord at such rate on a pro rata basis, and, if the Rent Commencement Date shall be other than the first day of a calendar month, the first payment of Annual Fixed Rent which Tenant shall make to Landlord shall be a payment equal to a proportionate part of such monthly Annual Fixed Rent for the partial month from the Rent Commencement Date to the first day of the succeeding calendar month. Additional Rent payable by Tenant on a monthly basis, as elsewhere provided in this Lease, likewise shall be prorated, and the first payment on account thereof shall be determined in similar fashion and shall commence on the Rent Commencement Date and other provisions of this Lease calling for monthly payments shall be read as incorporating this undertaking by Tenant. Notwithstanding that the payment of Annual Fixed Rent payable by Tenant to Landlord shall not commence until the Rent Commencement Date, Tenant shall be subject to, and shall comply with, all other provisions of this Lease as and at the times provided in this Lease. The Annual Fixed Rent and all other charges for which provision is made in this Lease shall be paid by Tenant to Landlord without setoff, deduction or abatement.

  • Base Rental (a) Lessee hereby agrees to pay to Lessor, without setoff or deduction whatsoever, a monthly installment of $3,284.00. Lessee shall also pay, as additional rent, all such other sums of money as shall become due from and payable by Lessee to Lessor under this Lease (Base Rental, any adjustment thereto pursuant to Section 4 hereof, and all such other sums of money due from and payable by Lessee pursuant to this Lease are sometimes hereinafter collectively called "rent"), for the nonpayment of which Lessor shall be entitled to exercise all such rights and remedies as are herein provided in the case of the nonpayment of Base Rental. The Base Rental, together with any adjustment or increase thereto then in effect, shall be due and payable in advance in twelve (12) equal installments on the first (lst) day of each calendar month during the term of this Lease, and Lessee hereby agrees so to pay such Base Rental and any adjustment or increase thereto to Lessor at Lessor's address provided herein (or such other address as may be designated by Lessor in writing from time to time) monthly, in advance, and without demand. If the term of this Lease commences on a day other than the first (lst) day of a month or terminates on a day other than the last day of a month, then the installments of Base Rental and any adjustments thereto for such month or months shall be prorated, and the installment or installments so prorated shall be paid in advance.

  • Annual Rent LESSEE covenants and agrees to pay as rent to LESSOR the sum of ($ ) for the first year of this lease which shall be due at the time of approval by the Board of Education. Subsequent payment of annual rent shall be due on or before the anniversary date of this Lease Agreement. The obligation of LESSEE to pay rent under this Lease Agreement is unconditional, and the rent shall not be subject to set off for any reason or cause. LESSOR and LESSEE agree that in the event of termination or cancellation, any rental payment made during the term of this Lease Agreement is not refundable, and LESSEE waives any right or claim it may have to refund of rent paid. Rents shall be adjusted annually pursuant to the rent adjustment clause contained in Paragraph 3 of this Lease Agreement. In the event LESSEE is delinquent in the payment of rent, LESSEE shall pay a late charge equal to fifteen percent (15%) of the amount of rent past due for more than 30 days and thereafter shall pay interest on any rent past due at an annual rate (the "Default Rate") equal to the maximum rate then allowed by law or, if there is no maximum rate, then a rate equal to five percent per annum above the discount rate, excluding any surcharge thereon, on ninety-day commercial paper in effect at the Federal Reserve Bank in the Federal Reserve district in which LESSOR is located, calculated according to the actuarial method.

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

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