Monthly Installment. SIXTY EIGHT THOUSAND NINE HUNDRED SIXTEEN AND 66/100 ($68,916.66) DOLLARS plus an amount equal to twenty-five point four (25.4%) percent of the Real Estate Taxes for the Building, which shall be payable monthly on the first day of each month, in advance, in the amount of $2,750.00. In the event the actual amount of the Real Estate Taxes for the building for the third quarter of 1998 is greater or less than that paid by Tenant pro rata for the Additional Space, the appropriate adjustment shall be made by and between Landlord and Tenant as soon as practicable after the final 1998 bill is issued.
Monthly Installment. The Monthly Installment of rent for the period commencing on the Commencement Date of this Lease and ending on the Substantial Completion Date (if the Commencement Date and Substantial Completion Date are different dates) and the Monthly Installment of rent for the first year of the lease Term, commencing on the Substantial Completion Date, shall be equal to One Hundred Five Thousand Eight Hundred Twenty Dollars ($105,820) per month for Building A and One Hundred Eight Thousand Six Hundred Eighty Dollars ($108,680) per month for Building C. The Monthly Installment of rent during the Lease years following the first year of the Lease Term (including, without limitation, during each Extension Term) shall be the Monthly installment of rent for the immediately preceding year plus an additional Three Thousand Seven Hundred Dollars ($3,700) per month for Building A and Three Thousand Eight Hundred Dollars ($3,800) per month for Building C (which totals an additional Seven Thousand Five Hundred Dollars ($7,500) per month for Building A and Building C). Such Seven Thousand Five Hundred Dollar ($7,500) monthly increase on each anniversary of the Commencement Date as provided in the immediately preceding sentence is the equivalent of a Five Cent ($0.05) per rentable square foot per month increase in the monthly rental rate for the Buildings on each anniversary of the Commencement Date.
Monthly Installment. The Monthly Installment of rent payable ------------------- each month during the period from July 1, 1997 through and including December 31, 1998, shall be the sum of Sixty-Four Thousand Seven Hundred Ninety Dollars ($64,790.00) per month. The Monthly installment of rent payable each month during the period from January 1, 1999 through and including June 30, 2002, shall be the sum of Sixty-Nine Thousand Nine Hundred Seventy-Six Dollars ($69,976.00) per month.
Monthly Installment. 23,478.00 10. OFFICE BUILDING AREA is as set forth on Exhibit A-1 11. PERMITTED USE shall be general office use and for no other purpose. 12. PROPORTIONATE SHARE shall mean 44.7 percent. 13. SECURITY DEPOSIT shall be Twenty Three Thousand Four Hundred and Seventy Eight Dollars ($23,478.00). 14. TERM shall mean five (5) years from the Commencement Date. TABLE OF CONTENTS Section Page ------- ----