Monthly Basic Rent Clause Samples

Monthly Basic Rent. During the Extended Term, Tenant shall pay, in accordance with the provisions of this Section 3, Monthly Basic Rent for the Premises as follows:

Monthly Basic Rent. (a) Tenant agrees to pay Landlord as Monthly Basic Rent for the Premises the Monthly Basic Rent designated in Subparagraph 1(f) in advance on the first day of each calendar month during the Term. If the Term commences or ends on a day other than the first day of a calendar month, then the rent for such period shall be prorated in the proportion that the number of days this Lease is in effect during such period bears to thirty (30). In addition to the Monthly Basic Rent, Tenant agrees to pay as additional rental the amount of rental adjustments and other charges required by this Lease. In no event shall Monthly Basic Rent ever be less than the initial Monthly Basic Rent. All rental shall be paid to Landlord, without prior demand and without any deduction or offset, in lawful money of the United States of America, at the address of Landlord designated in Subparagraph 1(a) or to such other person or at such other place as Landlord may from time to time designate in writing. (b) Rent and all other payments required to be made by Tenant to Landlord under this Lease shall be deemed to be and treated as rent and payable and recoverable as “rent”, and Landlord shall have the same rights against Tenant for default in any such payment as in the case of nonpayment of Monthly Basic Rent. (c) If Tenant fails to pay any installment of rent within ten (10) days following the date due (which ten days is not intended to be a grace period) or if Tenant fails to make any other payment for which Tenant Table of Contents is obligated under this Lease when due, then Tenant shall pay to Landlord as additional rent a late charge equal to six percent (6%) of the amount due (“Late Charge”) to compensate Landlord for the extra costs incurred as a result of such late payment; provided, however, that with respect to Tenant’s first failure to timely pay an amount due under this Lease, the late charge will only be payable ten (10) days after written notice from Landlord that such amount is past due. The parties agree that the Late Charge represents a fair and reasonable estimate of the costs that Landlord will incur by reason of late payment by Tenant. Acceptance of any Late Charge shall not constitute a waiver of the Tenant’s default with respect to the overdue amount, or prevent Landlord from exercising any other rights and remedies available to Landlord. (d) If the amount of rent or any other payment due under this Lease now or in the future violates the terms of any governmental res...

Monthly Basic Rent. Starting on the Commencement Date (but subject to the sixty (60) day rent abatement provision set forth in Section 3.1), and on the first day of each month thereafter during the Term of this Lease, Tenant shall pay to Landlord, in advance and without offset, as Monthly Basic Rent for the Premises the following monthly payments: *1-12 $ 16,383.75 $ 3.75 13-24 $ 16,951.72 $ 3.88 25-36 $ 17,563.38 $ 4.02 37-48 $ 18,175.04 $ 4.16 49-60 $ 18,786.70 $ 4.30 * Including any partial month at the beginning of the Term if the Commencement Date does not fall on the first day of the month.

Monthly Basic Rent. During the Term of this Lease, Tenant shall pay Landlord an amount equal to One Hundred Thirty-Three Thousand Nine Hundred Thirteen and 50/100 Dollars ($133,913.50) per month (the “Monthly Basic Rent”). The Monthly Basic Rent shall be paid by Tenant to Landlord in advance of the first day of each month during the Term of this Lease, without offset, deduction or demand. On the Commencement Date, Tenant shall pay to Landlord Monthly Basic Rent for the first full month of the Term, and, if the Commencement Date falls on a date other than the first day of the month, the prorated Monthly Basic Rent for such initial partial month.

Monthly Basic Rent. During the Term of the Lease, Tenant shall pay Landlord, as Monthly Basic Rent for the Premises, the Monthly Basic Rent in the amounts designated in Section 1.4 of the Summary. The Monthly Basic Rent shall be paid by Tenant in monthly installments in advance on the first day of each and every calendar month during the Term, without demand, notice, deduction or offset, except as will be paid upon Tenant’s execution and delivery of this Lease to Landlord. Monthly Basic Rent for any partial month shall be prorated in the proportion that the number of days this Lease is in effect during such month bears to the actual number of days in such month.

Monthly Basic Rent. Section 1.8 of the Summary is hereby amended to add the following schedule of Monthly Basic Rent 2/1/07-1/31/08 $ 146,906.40 2/1/08-1/31/09 $ 151,313.59 2/1/09-1/31/10 $ 155,853.00 2/1/10-1/31/11 $ 160,528.59 2/1/11-1/31/12 $ 165,344.45 2/1/12-1/31/13 $ 170,304.78

Monthly Basic Rent. Landlord and ▇▇▇▇▇▇ acknowledge and agree that the Monthly Basic Rent due from Subtenant under the Sublease ($______) does not exceed the Monthly Basic Rent due from Tenant under the Master Lease.

Monthly Basic Rent. Paragraphs 4.1, 4.2, 4.3, 4.4 and 4.6 of the Lease and all of the modifications to the Lease contained in the First Amendment (except those contained in Sections 6, 7, 8, 9 and 10 of the First Amendment), and any other conflicting provisions of the Lease are superseded and replaced with the following: Commencing as of September 1, 2002, and continuing throughout the remainder of the initial Term, Landlord has agreed to defer a portion of the Monthly Basic Rent due under the Lease pursuant to Paragraph 2D below, and instead accept the following amounts of Monthly Basic Rent during the remainder of the initial Term for the entire Premises as follows: ------------------------------------ ---------------------------------- Period Monthly Basic Rent ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2002-8/31/2003 $185,000.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2003-8/31/2004 $210,000.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2004-8/31/2005 $235,000.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2005-8/31/2006 $260,000.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2006-8/31/2007 $285,000.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2007-8/31/2008 $372,500.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2008-8/31/2009 $379,950.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2009-8/31/2010 $387,549.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2010-8/31/2011 $395,300.00 ------------------------------------ ---------------------------------- ------------------------------------ ---------------------------------- 9/1/2011-8/31/2012 $403,20...

Monthly Basic Rent. For the period from the New Premises Commencement Date through and including the expiration of the initial stated term of the Lease (i.e., August 31, 2001), Tenant shall pay Monthly Basic Rent for the New Premises in the sum of $11,493.90 (i.e., $0.90 per square foot of Rentable Area per month). All such Monthly Basic Rent for the New Premises shall be paid at the times and in the manner provided in Section 3.1 of the Lease.