Common use of Payment of Rent Clause in Contracts

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA 11.4 and PARA 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 3 contracts

Samples: Acceptance Agreement (Bookham, Inc.), Acceptance Agreement (Oplink Communications Inc), Adac Laboratories

AutoNDA by SimpleDocs

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA 11.4 ¶11.4 and PARA 12.3¶12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Section Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's ’s obligation to pay Base Monthly Rent and Tenant's ’s Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 2 contracts

Samples: Acceptance Agreement (Sirf Technology Holdings Inc), Lease (Tegal Corp /De/)

Payment of Rent. Concurrently with the Tenant’s execution of this Lease by both partiesLease, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Sections 11.4 and PARA 12.3), and without any prior demand therefortherefore. Rent shall be paid to Landlord at its address set forth in SECTION Q Section R of the Summary, or at such other place as Landlord may designate from time to time. Tenant's ’s obligation to pay Base Monthly Rent and Tenant's ’s Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 2 contracts

Samples: Office Lease (Arteris, Inc.), Office Lease (Arteris, Inc.)

Payment of Rent. Concurrently with On the execution of this Lease by both partiesEffective Date, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent Base Monthly Rent for credit against the first installment(s) of Base Monthly RentRent after the expiration of the Free Rent Period. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA paragraph 11.4 and PARA paragraph 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Section Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Synaptics Inc

Payment of Rent. Concurrently with the execution of this Lease by both --------------- parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the --------- Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be --------- increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA 11.4 (P)11.4 and PARA 12.3(P)12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Section Q of the Summary, or at such other place as Landlord may designate from --------- time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Acceptance Agreement (Sirf Technology Inc)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA P. 11.4 and PARA P. 12.3), and without any prior demand therefortherefore. Rent shall be paid to Landlord at its address set forth in SECTION Q P of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Lease (Clarify Inc)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Basic Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA (S) 11.4 and PARA (S) 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q Section P of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Sublease Agreement (Tivo Inc)

Payment of Rent. Concurrently with the Tenant’s execution of this Lease by both partiesLease, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Sections 11.4 and PARA 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q Section R of the Summary, or at such other place as Landlord may designate from time to time. Tenant's ’s obligation to pay Base Monthly Rent and Tenant's ’s Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Gross Lease (Alphasmart Inc)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Paragraph 11.4 and PARA Paragraph 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Section Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Caliper Technologies Corp

Payment of Rent. Concurrently with the execution of this Lease by both partiesTenant, Tenant shall pay to Landlord the amount set forth in SECTION L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA P. 11.4 and PARA P. 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: All American Semiconductor Inc

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Paragraph 11.4 and PARA Paragraph 12.3), and an without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q P of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses Expense shall be prorated at the commencement and expiration termination of the Lease TermLease.

Appears in 1 contract

Samples: Lease (Quickturn Design Systems Inc)

Payment of Rent. Concurrently with the execution of this Lease by --------------- both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of --------- the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be --------- increased during the Lease Term and if the date of such increase does not fall on the first First day of a calendar month, . such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA paragraph 11.4 and PARA paragraph 12.3), and without any prior demand therefor. Rent shall shrill be paid to Landlord at its address set forth in SECTION Q Section P of the Summary, or at such other place as --------- Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement Commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Acceptance Agreement (Quicklogic Corporation)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION L Section K of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION K Section J of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Section 11.4 and PARA Section 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q Section O of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term. The term "Rent" when used in this Lease shall refer collectively to Base Monthly Rent and Additional Rent.

Appears in 1 contract

Samples: Lease (Vnus Medical Technologies Inc)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA §11.4 and PARA §12.3), and without any prior demand therefortherefore. Rent shall be paid to Landlord at its address set forth in SECTION Section Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's ’s obligation to pay Base Monthly Rent and Tenant's ’s Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Silicon Motion Technology CORP

Payment of Rent. Concurrently with the Tenant’s execution of this Lease by both partiesLease, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Sections 11.4 and PARA 12.3), and without any prior demand therefortherefore. Rent shall be paid to Landlord at its address set forth in SECTION Q Section R of the Summary, or at such other place as Landlord may designate from time to time. Tenant's ’s obligation to pay Base Monthly Rent and Tenant's ’s Share of Common Operating Direct Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Office Lease (Monolithic Power Systems Inc)

AutoNDA by SimpleDocs

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall shal become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA 11.4 and PARA 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q Section P of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Lease (Terayon Communication Systems)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA 11.4 P.11.4 and PARA 12.3P.12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Section Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Interior Improvement Agreement (Cylink Corp /Ca/)

Payment of Rent. Concurrently with the Xxxxxx's execution of this Lease by both partiesLease, --------------- Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as --------- prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased --------- during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Sections 11.4 and PARA 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q of Section R --------- the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and TenantXxxxxx's Share of Common Operating Direct Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Office Lease (Netflix Com Inc)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA §11.4 and PARA §12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Section Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.expiration

Appears in 1 contract

Samples: Lease (Proxim Wireless Corp)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on ON the first day of each calendar month during the Lease Termlease term. If SECTION if Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA 11.4 paragraph11.4 and PARA 12.3paragraph12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Section Q of the Summary, or at such other place as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Lease (New Focus Inc)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA 11.4 ¶11.4 and PARA 12.3¶12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q Section P of the Summary, or at such other place as Landlord may designate from time to timetime in writing. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses Additional Rent shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Tenant Improvement Agreement (Hearme)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA 11.4 ¶11.4 and PARA 12.3¶12.3), and without any prior demand therefortherefore. Rent shall be paid to Landlord at its address set forth in SECTION Q Section P of the Summary, or at such other place as Landlord may designate from time to time. Tenant's ’s obligation to pay Base Monthly Rent and Tenant's ’s Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Sublease Agreement (Meru Networks Inc)

Payment of Rent. Concurrently with the Tenant’s execution of this Lease by both partiesLease, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Sections 11.4 and PARA 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q Section R of the Summary, or at such other place as Landlord may designate from time to time. Tenant's ’s obligation to pay Base Monthly Rent and Tenant's ’s Share of Common Operating Direct Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: NNN Office Lease (Aridis Pharmaceuticals, Inc.)

Payment of Rent. Concurrently with the execution of this Lease by both parties, Tenant shall pay to Landlord the amount set forth in SECTION Section L of the Summary as prepayment of rent for credit against the first installment(s) of Base Monthly Rent. All rent required to be paid in monthly installments shall be paid in advance on the first day of each calendar month during the Lease Term. If SECTION Section K of the Summary provides that the Base Monthly Rent is to be increased during the Lease Term and if the date of such increase does not fall on the first day of a calendar month, such increase shall become effective on the first day of the next calendar month. All rent shall be paid in lawful money of the United States, without any abatement, deduction or offset whatsoever (except as specifically provided in PARA Section 11.4 and PARA Section 12.3), and without any prior demand therefor. Rent shall be paid to Landlord at its address set forth in SECTION Q Section R of the Summary, or at such other place as Landlord may designate from form time to time. Tenant's obligation to pay Base Monthly Rent and Tenant's Share of Common Operating Expenses shall be prorated at the commencement and expiration of the Lease Term.

Appears in 1 contract

Samples: Acceptance Agreement (Flonetwork Inc)

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