Monthly Installment Sample Clauses

Monthly Installment. The Monthly Installment of rent to be paid each month by Subtenant to Sublandlord during the Sublease Term, subject to adjustment as provided below, shall be equal to one-twelfth (1/12th) of an amount that will yield Sublandlord an eight percent (8%) annual return on the portion of the Purchase Price paid by Sublandlord that is allocable to the Excluded Area and the improvements thereon. The acreage of the Excluded Area shall be deemed to be 11.49 acres, and the acreage of the Land shall be deemed to be 19.61 acres. The portion of the Purchase Price that is allocable to the Excluded Area and the improvements thereon shall be determined by multiplying $32,200,000 by a fraction, the numerator of which is the acreage included in the Excluded Area (11.49 acres) and the denominator of which is the total acreage included in the entire Land (19.61 acres). Thus, the Monthly Installment shall be equal to $125,778.68 per month. Once the allocation of FAR Funds (as defined in the Purchase Agreement) has been determined pursuant to Section 6.3(j) of the Purchase Agreement, the Purchase Price used to calculate the Monthly Installment, and thus the Monthly Installment, shall be adjusted accordingly.
Monthly Installment. The Monthly Installment of rent payable each month during the term of the Lease Term shall be as set forth in Addendum One, Section 3.
Monthly Installment. (i) The Monthly Installment of rent for the first thirty (30) months following the Commencement Date shall be One Hundred Twenty Three Thousand Thirty Seven and 50/100 Dollars ($123,037.50).
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. The Monthly Installment of rent payable ------------------- each month during the period from May 1 , 19 92 through and including April ----- --- ----- 30 , 1997, shall be the sum of Twenty Nine Thousand Four Hundred Ninety Two & -- -- ----------- ---------------------------------- 45/100 Dollars $29,492.45 ) per month. ------ ----------
Monthly Installment. The Monthly Installment of rent payable each month during the Term shall be as follows: Months 1-24 $ 84,011 Months 25-48 $ 93,894 Months 49-72 $103,778
Monthly Installment. (1) On April 1, 1984, the sum of THIRTY THOUSAND FIVE HUNDRED NINETY THREE DOLLARS ($30,593.00) shall be due, and a like sum due on the first day of June, July and August, 1984.
Monthly Installment. The Monthly Installment of rent payable each month during the Lease Term shall be the following respective amounts during the following time periods: TIME PERIOD MONTHLY INSTALLMENT June 1, 2002 - November 30, 2002 $ 0 December 1, 2002 - May 31, 2003 $ 67,500 June 1, 2003 - May 31, 2004 $ 88,576 June 1, 2004 - May 31, 2005 $ 94,112 June 1, 2005 - May 31, 2006 $ 96,880 June 1, 2006 - May 31, 2007 $ 99,648 June 1, 2007 - May 31, 2008 $ 102,416 June 1, 2008 - May 31, 2009 $ 105,184 C. Late Charge. Tenant acknowledges that late payment by Tenant to Landlord of Monthly Installment of rent, Additional Rent and other sums due hereunder will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed on Landlord by the terms of any mortgage or deed of trust covering the Premises. Accordingly, if any Monthly Installment of rent and those portions of Additional Rent consisting of Tenant's Prorata Share of Property Taxes, property insurance, and Common Area Charges shall not be received by Landlord within ten (10) days after such amount shall be due, Tenant shall pay to Landlord, as Additional Rent, a late charge equal to three percent (3%) of such overdue amount. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. Acceptance of such late charge by Landlord shall in no event constitute a waiver of Tenant's default with respect to such overdue amount, nor prevent Landlord from exercising any of its other rights and remedies granted hereunder.
Monthly Installment. The Monthly Installment of rent payable for the term of this lease shall be the sum of Twenty-three thousand ninety-one Dollars ($23,091) per month. The first Monthly Installment shall be due upon the signing of this Lease by all parties hereto.