Rent and Security. 3 ARTICLE 5. ADDITIONAL RENT FOR ESCALATIONS IN REAL ESTATE TAXES.......................................... 5 ARTICLE 6.
Rent and Security. 3.1 In consideration of the Lessor agreeing to lease out to the Lessee the Premises, the Lessee shall pay the Lessor rent @ Rs. 38/- per sq. ft. per month) on the super area i.e. Rs. 7,31,614/- (Rupees Seven Lacs Thirty One Thousand Six Hundred and Fourteen Only) per month for the initial period of three years in respect of the Premises. It is clarified that the above rental shall include the cost of doing false ceiling, false ceiling lighting, a/c ducting , fire sprinkler and cement screeding, subject to a maximum expense cap of Rs.225/- per sq. ft. on the super area, which shall be provided by the Lessor in the Premises.
Rent and Security. 3.1 In consideration of the Lessor agreeing to lease out to the Lessee the Premises, the Lessee shall pay the Lessor the rent @ Rs. 47/-per sq. ft (Rupees Forty Seven only per square feet per month for the initial period of Two years in respect of the Premises from the date of commencement of this Agreement. Thereafter the rent shall increase by 18% (Eighteen percent) over the last rent paid after expiry of every two year lease period, for two more terms of two years each. The Lessor shall bear the cost on renovation of interior work already done in the premises and the acquisition of additional office furniture a communication equipment, telephones and the like. However the cost shall be limited to maximum of Rs.5,00,000.00 (Rupees Five Lakhs only). This cost shall be reimbursed to the lessee who undertakes the work of renovation as per its requirement. If Lessor fails reimburse Lessee within 30 days of its submission of a request, Lessee may deduct such sum from the next rent coming due.
Rent and Security. Section 2.01 Amount of Minimum Rent............................... 3 Section 2.02
Rent and Security. FOR THE LEASE 3
Rent and Security. Section 2.01 Rent and Rent Adjustment 3 Section 2.02 Additional Rent 4 Section 2.03 Personal Property Tax 9 Section 2.04 Security Deposit 9 Section 2.05 Sales Tax 9
Rent and Security. 3.1 Base Rent. *
Rent and Security. 3.1 In consideration of the Lessor agreeing to lease out to the Lessee the Premises, the Lessee shall pay the Lessor the rent @ Rs. 34/- per sq. ft. per month for Lease Period in respect of the Premises from 01.01.2003 which is 3 months after the execution of this Agreement.
Rent and Security. 2.01 Basic Rent For years One (1) through Ten (10), Lessee will pay $110,000.00 in Yearly Fixed Rent (“Rent”) in monthly installments of $9,166.67 on the First Monthly Payment Due Date and thereafter on the first day of each month in advance. All rent payments shall he made to the Lessor or the Lessor’s agent and at such place as the Lessor shall from time to time in writing designate. The first monthly payment shall be paid on the commencement date.
Rent and Security. Tenant agrees to pay Landlord a total rent in the amount of DOLLARS, payable in equal installments of , due and payable, in advance, on the first day of each month. In addition, Tenant shall pay the sum of DOLLARS, representing the security deposit for the faithful performance by Tenant of the terms and conditions hereof. Provided Tenant has faithfully performed hereunder, the security deposit shall be returned to Tenant, without interest, at the termination hereof, in accordance with the terms and conditions of the appropriate Florida Statutes governing security deposits for rentals of this nature. Tenant also agrees to pay:
