Monthly Rent for Additional Premises Sample Clauses

Monthly Rent for Additional Premises. Monthly Base Rent for the Additional Premises from and after the Effective Date shall be $3,009.60 per month.
Sample 1Sample 2
AutoNDA by SimpleDocs
Monthly Rent for Additional Premises. During the initial Lease term for the Additional Premises, Tenant shall pay Monthly Rent under Paragraph 5.a. of the Lease for the Additional Premises in the following amounts for the respective periods set forth below: Applicable Period Monthly Rent Annual Rate per RSF First Rent Year $ 326,826.17 $ 46.00 Second Rent Year $ 336,630.95 $ 47.38 Third Rent Year $ 346,729.88 $ 48.80 Fourth Rent Year $ 357,131.78 $ 50.27 Fifth Rent Year $ 367,845.73 $ 51.77 Sixth Rent Year $ 378,881.10 $ 53.33 Seventh Rent Year $ 390,247.53 $ 54.93 Eighth Rent Year $ 401,954.96 $ 56.57 *** The “First Rent Year” is the period commencing on the Rent Commencement Date (as defined below) and ending on the last day of the twelfth (12th) full calendar month thereafter. Each period of twelve (12) full calendar months thereafter constitutes a “Rent Year.” The “Rent Commencement Date” is the date nine (9) months following the Final Additional Premises Commencement Date (as defined in Paragraph 1 above). ***If, pursuant to the second grammatical paragraph of Paragraph 1 above, the Additional Premises Expiration Date (as defined in such paragraph) is extended to be the date that is twenty-four (24) full calendar months following the expiration of the initial Lease term for the Original Premises, as such initial Lease term is extended from time to time pursuant to Paragraph 58.d. of the Lease, then commencing on the date immediately following the last day of the Eighth Rent Year, and on each successive anniversary of such date until the Additional Premises Expiration Date (as extended in accordance with the foregoing), Monthly Rent for the Additional Premises shall increase by three percent (3%) over the Monthly Rent in effect during the immediately prior year. If, due to any Tenant Delay of Landlord’s Work (as defined in the fifth grammatical paragraph of Paragraph 2.a. above, and including any Tenant Delay of Landlord’s Work which occurs under attached Exhibit E) the Final Additional Premises Commencement Date is delayed beyond the Final Additional Premises Commencement Date that would have occurred if not for such Tenant Delay of Landlord’s Work (such date that the Final Additional Premises Commencement Date would have occurred if not for the Tenant Delay of Landlord’s Work being referred to hereinafter and the “Presumptive Commencement Date”), (i) the Rent Commencement Date will continue to be established as provided above (i.e., the Rent Commencement Date will be the date nine (9) mo...
Sample 1Sample 2
Monthly Rent for Additional Premises. In addition to the Monthly Rent provided for the Existing Premises by Article 1(M) of the Lease, commencing as of the Effective Date, Tenant shall pay Monthly Rent for the Additional Premises in the following amounts: Period Total Monthly Rent 11/1/12 through 10/31/13 $ 8,699.55 11/1/13 through 10/31/14 $ 8,960.54 11/1/14 through 10/31/15 $ 9,229.35 11/1/15 through 10/31/16 $ 9,506.23 11/1/16 through 5/31/17 $ 9,791.42 Simultaneously with Tenant’s delivery to Landlord of an executed copy of this Second Amendment, and in addition to the Additional Premises Security Deposit provided by Section 3 of this Second Amendment, Tenant shall pay to Landlord an amount equal to Second Amendment To Lease, Ring Central, Inc. 2 the Monthly Rent for the Additional Premises payable for the first full month after the occurrence of the Effective Date for which rent is due (i.e., rent for 11/1/12 to 11/30/12 equal to $8,699.55), which amount shall be applied to the first full month of Monthly Rent due and payable with respect to the Additional Premises.
Sample 1
Monthly Rent for Additional Premises. In addition to the Monthly Rent provided for the Existing Premises by Article 1(M) of the Lease, commencing as of the Effective Date, Tenant shall pay Monthly Rent for the Additional Premises in the following amounts: First Amendment To Lease, Ring Central, Inc. 3 Period Month Rent Per RSF Total Monthly Rent 9/1/11 through 11/30/11* $ 0.00 $ 0.00 12/1/11 through 8/31/12 $ 2.40 $ 24,309.60 9/1/12 through 8/31/13 $ 2.47 $ 25,018.63 9/1/13 through 8/31/14 $ 2.55 $ 25,828.95 9/1/14 through 8/31/15 $ 2.62 $ 26,537.98 9/1/15 through 8/31/16 $ 2.70 $ 27,348.30 9/1/16 through 11/30/16 $ 2.78 $ 28,158.62 * As a concession to Tenant and only if Tenant is not in default under the Lease or this First Amendment following the expiration of all applicable cure periods without cure by Tenant, Landlord grants to Tenant a credit in the amount of $72,928.80 to be applied against the Monthly Rent due for the first 3 months of the Additional Premises. Simultaneously with Tenant’s delivery to Landlord of an executed copy of this First Amendment, and in addition to the Additional Premises Security Deposit provided by Section 4 of this First Amendment, Tenant shall pay to Landlord an amount equal to the Monthly Rent for the Additional Premises payable for the first full month after the occurrence of the Effective Date for which rent is due (i.e., rent for 12/1/11 to 12/31/11 equal to $24,309.60), which amount shall be applied to the first full month of Monthly Rent due and payable, after the application of the three-month rent concession granted to Tenant, with respect to the Additional Premises.
Sample 1
Monthly Rent for Additional Premises. To reflect the lease by Tenant of the Additional Premises, effective as of the Additional Premises Commencement Date, Tenant shall pay Monthly Rent under Paragraphs 2.c. and 5 of the Lease with respect to the Additional Premises in the amount of $2,711.50 per month.
Sample 1

Related to Monthly Rent for Additional Premises

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Monthly Rent The rent payable pursuant to Paragraph 5.A., as adjusted from time to time pursuant to the terms of this Lease.

  • Original Premises Tenant shall continue to pay Base Rent for the Original Premises as provided for in the Lease.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Base Rent and Additional Rent Tenant shall pay to Landlord the following amounts as rent for the Premises:

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Expansion Space As used in this paragraph, the term “Expansion Space” means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Base Rent Abatement Provided that no Event of Default is then occurring, then during the period beginning on the Expansion Commencement Date and ending on November 14, 2010 (the “Base Rent Abatement Periods”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the 6310 Initial Premises for such Base Rent Abatement Period (the “Base Rent Abatement”). Tenant acknowledges and agrees that notwithstanding such Base Rent Abatement, such abatement of Base Rent shall have no effect on the calculation of any future increases in Base Rent, Operating Expenses or Tax Expenses payable by Tenant pursuant to the terms of the Lease (as hereby amended), which increases shall be calculated without regard to such abatement of Base Rent or corresponding abatement periods. Such Base Rent Abatement has been granted to Tenant as additional consideration for entering into this First Amendment, and for agreeing to pay the “rent” and performing the terms and conditions otherwise required under the Lease, as amended. Notwithstanding anything to the contrary set forth in this Section 4.3, to the extent an Event of Default is then occurring, then Landlord may at its option, by notice to Tenant, elect, in addition to any other remedies Landlord may have under the Lease, one or both of the following remedies: (i) that Tenant shall immediately become obligated to pay to Landlord all Base Rent abated hereunder during the Base Rent Abatement Period, with interest as provided pursuant to the Lease from the date such Base Rent would have otherwise been due but for the abatement provided herein, or (ii) that the dollar amount of the unapplied portion of the Base Rent Abatement as of such Event of Default shall be converted to a credit to be applied to the Base Rent applicable to the Premises at the end of the Expansion Term and Tenant shall immediately be obligated to begin paying Base Rent for the entire Premises in full.

  • 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.

  • 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 July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.

Time is Money Join Law Insider Premium to draft better contracts faster.