Common use of Payment of Rentals Clause in Contracts

Payment of Rentals. Rentals to be paid hereunder shall be paid monthly in lawful money of the United States of America and shall be paid in advance on the first day of each month during the term of this Lease by crediting the payment owed to Lessee by Lessor under that certain Promissory Note made by Lessor in favor of Lessee dated _______, 2000, on the first day of each month during the term of this Lease. In the event of prepayment of the Promissory Note by Lessor or other action resulting in amounts equal to any monthly rental payment not being concurrently due from Lessor under the Promissory Note, then Lessee shall pay the monthly rental amount in advance on the first day of the month in question by mailing payment to the Lessor c/o Bexxxxx Xxxily Tower, Inc., 3303 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxx, XX 00000, Xxtn: Ms. Xxxxxxxx Xxxxxxx, or to such other person or address as Lessor may in writing direct. The payment of the monthly rental for the first month of the term of this Lease shall be prorated based on the number of days remaining in such month, including the first day on which this Lease become effective.

Appears in 1 contract

Samples: Lease Agreement (Beasley Broadcast Group Inc)

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Payment of Rentals. Rentals to be paid hereunder shall be paid monthly in lawful money of the United States of America and shall be paid in advance on the first day of each month during the term of this Lease by the Lessee by crediting the payment owed to Lessee by Lessor under that certain Promissory Note made by Lessor in favor of Lessee dated ________, 2000, on the first day of each month during the term of this the Lease. In the event of prepayment of the Promissory Note by Lessor or other action resulting in amounts equal to any monthly rental payment not being concurrently due from Lessor under the Promissory Note, then Lessee shall pay the monthly rental amount in advance on the first day of the month in question by mailing payment to the Lessor c/o Bexxxxx Xxxily Tower, Inc., 3303 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxx, XX 00000, Xxtn: Ms. Xxxxxxxx Xxxxxxx, or to such other person or address as Lessor may in writing direct. The payment of the monthly rental for the first month of the term of this Lease shall be prorated based on the number of days remaining in such month, including the first day on which this Lease become effective.

Appears in 1 contract

Samples: Lease Agreement (Beasley Broadcast Group Inc)

Payment of Rentals. Rentals to be paid hereunder shall be paid monthly in lawful money of the United States of America and shall be paid in advance on the first day of each month during the term of this Lease by crediting the payment owed to Lessee by Lessor under that certain Promissory Note Note, made by Lessor in favor of Lessee dated _______, 2000, on the first day of each month during the term of this Lease. In the event of prepayment of the Promissory Note by Lessor or other action resulting in amounts equal to any monthly rental payment not being concurrently due from Lessor under the Promissory Note, then Lessee shall pay the monthly rental amount in advance on the first day of the month in question by mailing payment to the Lessor c/o Bexxxxx Xxxily Tower, Inc., 3303 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxx, XX 00000, Xxtn: Ms. Xxxxxxxx Xxxxxxx, or to such other person or address as Lessor may in writing direct. The payment of the monthly rental for the first month of the term of this Lease shall be prorated based on the number of days remaining in such month, including the first day on which this Lease become effective.

Appears in 1 contract

Samples: Lease Agreement (Beasley Broadcast Group Inc)

Payment of Rentals. Rentals to be paid hereunder shall be paid monthly in lawful money of the United States of America and shall be paid in advance on the first day of each month during the term of this Lease by crediting the payment owed to Lessee by Lessor under that certain Promissory Note made by Lessor in favor of Lessee dated _______, 2000, on the first day of each month during the term of this the Lease. In the event of prepayment of the Promissory Note by Lessor or other action resulting in amounts equal to any monthly rental payment not being concurrently due from Lessor under the Promissory Note, then Lessee shall pay the monthly rental amount in advance on the first day of the month in question by mailing payment to the Lessor c/o Bexxxxx Xxxily Tower, Inc., 3303 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxx, XX 00000, Xxtn: Ms. Xxxxxxxx Xxxxxxx, or to such other person or address as Lessor may in writing direct. The payment of the monthly rental for the first month of the term of this Lease shall be prorated based on the number of days remaining in such month, including the first day on which this Lease become effective.

Appears in 1 contract

Samples: Assumption Agreement (Beasley Broadcast Group Inc)

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Payment of Rentals. Rentals to be paid hereunder shall be paid monthly in lawful money of the United States of America and shall be paid in advance on the first day of each month during the term of this Lease by crediting the payment owed to Lessee by Lessor under that certain Promissory Note made by Lessor in favor of Lessee dated _______, 2000, on the first day of each month during the term of this Lease. In the event of prepayment of the Promissory Note by Lessor or other action resulting in amounts equal to any monthly rental payment not being concurrently due from Lessor under the Promissory Note, then Lessee shall pay the monthly rental amount in advance on the first day of the month in question by mailing payment to the Lessor c/o Bexxxxx Xxxily Tower, Inc., 3303 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxx, XX 00000, Xxtn: Ms. Xxxxxxxx Xxxxxxx, or to such other person or address as Lessor may in writing direct. The payment of the monthly rental for the first month of the term of this Lease shall be prorated based on the number of days remaining in such month, including the first day on which this Lease become effective.

Appears in 1 contract

Samples: Lease Agreement (Beasley Broadcast Group Inc)

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