RENT - Basic Rent. 1. The rent is composed of the basic rent and the advance payment of the utility charges.
RENT - Basic Rent. In each year during the Term of this Lease the Tenant covenants and agrees to pay without any set-off or deduction whatsoever, to the Landlord, as rent for the Leased Premises, and for the non-exclusive use of the common areas of the Building on which the Leased Premises is located (which common area allocation shall be 12% of the area of the Leased Premises), the following:
RENT - Basic Rent. In each year during the Term of this Lease the Tenant covenants and agrees to pay without any set-off or deduction whatsoever, to the Landlord, as rent for the Leased Premises and the Additional Rentable Area, and for the non-exclusive use of the Common Areas of the Building (which common area allocation shall be 9.8 %, subject to verification by the Landlord’s architect based upon the final areas of the Leased Premises and the Additional Rentable Area and Building), the following: Year Rental Rate Per Sq. Foot Per Annum For Leased Premises* For Common Area* Total Per Annum* 1-10 13.00 $ 306,802.36 $ 30,066.63 $ 336,869.00 herein called “Annual Rent”. The Annual Rent will be adjusted proportionately for any lease year which is other than twelve months. * as calculated excludes rent payable for Additional Rentable Area The Landlord acknowledges and agrees that the Tenant shall not be required to pay Annual Rent for a period commencing September 15th, 2002 and ending October 14th, 2002 (“Free Rent Period”). The Tenant shall for that period be bound by all provisions of the Lease saving those requiring payment of Annual Rent.
RENT - Basic Rent. Tenants and Landlord acknowledge and agree the reasonable Basic Rent for the leased premises is $ (based on Semester Payment), $ based on a monthly payment)for the entire term of this lease payable in three installments of $ Semester every four months beginning on the 1st day of April 2017(or $ if paying monthly, if paying monthly and are late one time during each semester, you must pay the $ for four consectutive months, which makes up a semester). Any portion of rent not paid by the 14th day of the month in which rent is due shall be deemed a breach of this Lease. Landlord may decide in his sole and absolute discretion whether the terms of this Lease breached by the late payment of rent. Tenant Initials Landlord Initials
RENT - Basic Rent. In each year during the Term of this Lease the Tenant covenants and agrees to pay without any set-off or deduction whatsoever, to the Landlord, as rent for the Leased Premises the following: Years Rate/sq foot Leased Premises ----- ------------ --------------- 1-5 $9.40 $2,282,852.60 herein called "Annual Rent". The Annual Rent will be adjusted proportionately for any lease year which is other than twelve months.
RENT - Basic Rent. (a) The Tenant shall without deduction or right of offset pay to the Landlord yearly and every year during the Term as rental (herein called 'Basic Rent"), the sum of Twenty-Five Thousand Nine Hundred and Ninety-Nine Dollars and Twenty cents ($25 ,999.20) of lawful money of the jurisdiction in which the Leased Premises are located in equal monthly installment of Two Thousand One Hundred Sixty-six dollars and Sixty cents ($2,166.60) each in advance on the first day of each month during the Term, the first payment to be made the first day of October, 1994.
RENT - Basic Rent. In each year during the Term of this Lease the Tenant covenants and agrees to pay without any set-off or deduction whatsoever, to the Landlord, as rent for the Leased Premises, and for the non-exclusive use of the common areas of the Building on which the Leased Premises is located (which common area allocation shall be 12% of the area of the Leased Premises), the following: First Leased Premises: Rental Rate Per Sq. Foot For Leased For Common Total Per Year Per Annum Premises Area Annum ---- --------- -------- ---- ----- 1-5 $16.50 $ 961,002.90 $115,320.31 $1,076,323.21 6-10 $20.00 $1,164,852.00 $139,782.20 $1,304,634.20 Additional Leased Premises:
RENT - Basic Rent. In each year during the Term of this Lease the Tenant covenants and agrees to pay without any set-off or deduction whatsoever, to the Landlord, as rent for the Leased Premises, and for the non-exclusive use of the common areas of the Building on which the Leased Premises is located (which common area allocation shall not exceed 12% of the area of the Leased Premises), the following: Year Rental Rate Per Sq. Foot Per Annum For Leased Premises Estimate (12%) For Common Area Total Per Annum 1-5 $ 13.00 $ 195,000 $ 23,400 $ 218,400 herein called “Annual Rent”. The Annual Rent will be adjusted proportionately for any lease year which is other than twelve months. The common area as noted above, has been calculated based on an estimate of 12%, which would be the maximum.
