RENT CONSIDERATION Sample Clauses

RENT CONSIDERATION. 5.1 - Rent consideration installment payments shall be made during the month for which the installment applies.
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RENT CONSIDERATION. 5.1 Frequency of rent payment 5.2 Late possession - no rent 5.3 Rent during initial term 5.4 Mid Term Rent Increase 5.5 Rent during 1st renewal option 5.6 Consumer Price Index increases 5.7 Rent adjustment for operating expenses 5.8 Rent adjustment for real property taxes 5.9 Real property tax exemptions 5.10 Real property tax assessment appeals 5.11 Waiver of rent adjustments 5.12 Remodeling/get-ready costs 5.13 Reserved 5.14 Reserved 5.15 Remodeling/maintenance costs deduct 5.16 Rent reduced for documentation 5.17 Rent abated for untenantable premises 5.18 Prepaid rent refunded upon damage ARTICLE VI
RENT CONSIDERATION. The Lessee shall pay Lessor as rent for the ------------------ demised premises and appurtenances rights the monthly sum of $2,052.50, plus sales tax (presently 6%) in the amount of $123.15 per month, for a total monthly rent of $2,175.65 for the first year. Commencing the second year of this lease and each year thereafter, the rent shall be adjusted in accordance with the Consumer Price Index (CPI), see paragraph 5 below. Rent is due on -------------- the first day of each month without demand. The following amounts shall be ------------------------------------------ paid at execution of this Lease: Total Sales Tax Received --------- -------- First Month's Rent $2,052.50 $123.15 $2,175.65 Security Deposit (Total Due) $3,263.47 N/A $3,263.47 -------- Total Received $5,439.12
RENT CONSIDERATION. As consideration for Lessor leasing the equipment to Lessee, Lessee hereby agrees during the term of this Lease to purchase exclusively from Lessor all of the “Gyros Cones, Pita Bread, and Tzatziki Sauce” (hereinafter referred to as “Products”) used by Lessee in connection with Lessee’s business. If it is determined that Lessee is using other Gyro Suppliers, Lessor has the right to remove equipment, after a seven (7) day notice to Lessee, without court order, or the Lessee has the option to purchase the equipment at equipment replacement cost, as specified herein.
RENT CONSIDERATION. 3.1. Commencing on , 2018 the Lessee shall pay SRPD an annual rental rate of $790.00payable in advance monthly installments of Amount on the first day of each month. The Lessee may pre-pay some or the entire annual rental rate at any time. The annual rental rate will be adjusted each year during the term of this Lease Agreement, including renewals, by an escalator. All monthly rental payments not paid when due shall incur a late penalty of five percent (5%) of the past due amount. Failure of the Lessee to pay rent with ten (10) days of the due date may result in the SRPD terminating this Lease Agreement in accordance with Article 6. If the SRPD incurs any expense or pays any monies to correct a breach of this Lease Agreement all amounts so incurred or paid shall be considered additional rent owing by the Lessee and shall be payable by the Lessee within thirty (30) days after becoming due and payable; however, the SRPD shall be under no obligation or duty to incur any such expense or pay any such money.
RENT CONSIDERATION. The Lessee shall pay Lessor as rent for the demised premises and appurtenances rights the monthly sum of $2,916.67 plus sales tax (presently 6%) in the amount of $175.00 per month, for a total monthly rent of $3,091.67 for the first year. Commencing July 2002 (the first month rent is considered included as part in the whole lease term), and each year thereafter, the rent shall be adjusted in accordance with Paragraph 4 below. Rent is due on the first day of each month without demand. The following amounts shall be paid at execution of this Lease: Total Sales Tax Received ---------- ---------- First Month's Rent (July 2002) $ 2,916.67 $ 175.00 $ 3,091.67 Security Deposit $ 3,000.00 N/A $ 3,000.00 ---------- Total Received - Due upon execution of lease $ 6,091.67
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RENT CONSIDERATION. (a) Beginning on the Commencement Date of this Lease, King County agrees to pay to City Light, at 000 Xxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx, XX 00000-0000, or such other place as designated by City Light, the sum of One Thousand Four Hundred Fifty Seven and No/100 Dollars (US $1,457.00) as the monthly rent for the Premises, in advance on the first (1st) day of each calendar month of the Lease Term or any period prior to the Lease Term that King County is in possession of the Premises. The rent for any fractional calendar month shall be prorated.

Related to RENT CONSIDERATION

  • Settlement Consideration 2. In consideration of the full settlement, satisfaction, compromise and release of the Released Plaintiffs’ Claims, an aggregate $115 million in cash (the “Escrow Amount”) shall be paid on behalf of the Settling Defendants to Freeport by the D&O Carriers. The Settling Defendants shall cause the Escrow Amount to be deposited by the D&O Carriers into an interest-bearing escrow account controlled by an agreed upon representative of Plaintiffs and of the Settling Defendants (the “Escrow Account”) within fifteen (15) business days after the Stipulation is submitted to the Court. Upon the Effective Date, the Escrow Amount, together with any and all interest thereon, shall be paid to Freeport from the Escrow Account. For the avoidance of doubt, the Settling Defendants shall have no obligation to deposit any portion of the Escrow Amount into the Escrow Account but shall have an obligation to take all reasonably available steps to seek to cause the D&O Carriers to deposit the Escrow Amount into the Escrow Account.

  • OPTION CONSIDERATION As consideration for this Option to Purchase Agreement, the Buyer/ Tenant shall pay the Seller/Landlord a non-refundable fee of Dollars ($ ), receipt of which is hereby acknowledged by the Seller/Landlord. This amount shall be credited to the purchase price at closing if the Buyer/Tenant timely exercises the option to purchase, provided that the Buyer/Tenant: (a) is not in default of the Lease Agreement, and (b) closes the conveyance of the Property. The Seller/Landlord shall not refund the fee if the Buyer/Tenant defaults in the Lease Agreement, fails to close the conveyance, or otherwise does not exercise the option to purchase.

  • Initial Consideration On the Effective Date, Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of any and all unearned premiums paid by Retrocedant under such Inuring Retrocessions net of any applicable unearned ceding commissions paid to Retrocedant thereunder.

  • Additional Consideration Retrocessionaire agrees to pay under the Inuring Retrocessions all future premiums Retrocedant is obligated to pay pursuant to the terms of the Inuring Retrocessions to the extent that such premiums are allocable to Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.

  • Contingent Consideration The Contingent Consideration shall become payable and/or issuable to each Selling Securityholder within 10 Business Days of the Contingent Consideration Date in accordance with this Section 1.5(c) (and subject to Section 1.5(a)), subject to and in accordance with Section 1.6, including any reduction for an amount of cash up to such Selling Securityholder’s Pro Rata Share of the Holdback Amount withheld pursuant to Section 1.6(b), with each Selling Securityholder receiving an amount of cash and/or stock equal to (a) the percentage set forth in the Spreadsheet opposite such Selling Securityholder’s name under the heading “Contingent Consideration Percentage” multiplied by (b) the Contingent Consideration. The “Contingent Consideration Date” shall mean the earlier of (i) the date that is 30 months following the Closing Date and (ii) the date upon which $50 million in gross proceeds (net of transaction fees and expenses, including any broker fees, the “Contingent Threshold Amount”) is received by Purchaser from investors pursuant to bona fide equity financings in exchange for the issuance of Purchaser Series B Stock. If the Contingent Threshold Amount (A) is met prior to the Contingent Consideration Date, then the Contingent Consideration shall be an amount payable in cash equal to $50 million, or (B) is not met prior to the Contingent Consideration Date, then the Contingent Consideration shall be (I) an amount payable in cash equal to the gross proceeds (net of transaction fees and expenses, including any broker fees) received by Purchaser from investors pursuant to bona fide equity financings during such 30-month period in exchange for the issuance of Purchaser Series B Stock (the “Actual Financing Proceeds”), plus (II) a number of shares of Purchaser Series B Stock equal to (x) two multiplied by (y) (i) (1) the Contingent Threshold Amount minus (2) the Actual Financing Proceeds, divided by (ii) the Purchaser Series B Stock Price (such amount of cash paid and/or shares issued, the “Contingent Consideration”). Notwithstanding anything to the contrary in the foregoing, to the extent any such Selling Securityholder is not able to provide evidence satisfactory to Purchaser that such Selling Securityholder is an accredited investor as defined in Rule 501(a) of Regulation D under the Securities Act (or otherwise provide evidence satisfactory to Purchaser that another applicable exemption under the Securities Act is available to rely upon), then Purchaser reserves the right, in its sole discretion, to replace the share issuance to such Selling Securityholder pursuant to clause (II) of the prior sentence with a payment in cash equal to (x) the Purchaser Series B Stock Price multiplied by (y) the number of shares that otherwise would have been issuable to such Selling Securityholder pursuant to clause (II) of the prior sentence (rounded down to the nearest cent).

  • Total Consideration The aggregate consideration (the "Consideration") payable by the Surviving Partnership in connection with the merger of the Merged Partnership with and into the Surviving Partnership shall be $9,580,000., subject to adjustments at Closing pursuant to Section 3.9 and costs paid pursuant to Section 3.10(c) and Section 3.11, plus the amount of any tax or other reserves held by the Existing Lender (hereinafter defined).

  • Additional Considerations For each mediation or arbitration:

  • First Consideration The Employer agrees that when a vacancy occurs or a new position is created at the worksite which is within the Union bargaining unit, the Employer shall give its employees, provided there are no employees currently on lay-off, first notice and first consideration in filling the vacancy or new position. Each employee who applies for the vacancy or new position shall be given equal opportunity to demonstrate fitness for the position by formal interview and/or assessment. Where an employee within the bargaining unit is not appointed to fill the vacancy or new position, she shall be given, upon request, an explanation as to why her application was not accepted. The request for reasons must be made within fourteen (14) calendar days of becoming aware that the employee is not the successful candidate, pursuant to Article

  • Other Consideration As additional consideration, Purchaser shall also assume the Assumed Liabilities at the time of Closing.

  • Consideration Payment 5.1 In consideration of the Company’s Services, the Client shall pay to the Company the Consideration to be stipulated in the Termsheet and all reasonable out of pocket expenses (if any) in accordance with the commercial terms and payment terms as detailed in the Separate Agreement.

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