Rent for the Premises Clause Samples

Rent for the Premises. Except as set forth in this Agreement, Tenant shall continue to remain fully liable for all obligations of Tenant under the Lease arising or accruing prior to (A) the Initial Termination Date with respect to the Initial Surrender Premises, and (B) the Lease Termination Date with respect to all portions of the Premises which are not the Initial Surrender Premises, including, without limitation, the payment of all Basic Annual Rent, Operating Expenses, Taxes and Assessments, and other Additional Rent due under the terms of the Lease; provided, however, except with respect to the holdover identified below, in no event shall Tenant be obligated to pay any amounts of Basic Annual Rent, Operating Expenses, or Taxes and Assessments with respect any portion of the Premises on and after the earlier to occur of the October 1, 2009 (subject to the full execution and delivery of the New Lease by HCP TPSP and Tenant) and the Lease Termination Date. Notwithstanding the termination of the Lease with respect to the Initial Surrender Premises (but subject to the terms of the immediately foregoing sentence), the Basic Annual Rent payable by Tenant under the Lease shall not be reduced, and Tenant shall continue to pay Basic Annual Rent as if Tenant continued
Rent for the Premises. Commencing on the Expansion Space A Commencement Date, Tenant shall pay to Landlord, in addition to Annual Base Rent for the Original Premises, Annual Base Rent with respect to the Expansion Space A in the manner and at the times set forth in Section 3.1 of the Original Lease (as amended by Section 2 of the First Amendment) and in the amounts set forth below, without demand, deduction or setoff, except as expressly provided in the Lease. ESACD – 6/30/04 $ 13.13 $ 196,950.00 $ 16,412.50 7/1/04 – 6/30/05 $ 13.53 $ 202,950.00 $ 16,912.50 7/1/05 – 6/30/06 $ 13.93 $ 208,950.00 $ 17,412.50 7/1/06 – 6/30/07 $ 14.35 $ 215,250.00 $ 17,937.50 7/1/07 – 6/30/08 $ 14.78 $ 221,700.00 $ 18,475.00 7/1/08 – 6/30/09 $ 15.22 $ 228,300.00 $ 19,025.00 7/1/09 – 6/30/10 $ 15.68 $ 235,200.00 $ 19,600.00 7/1/10 – 12/31/10 $ 16.15 $ 242,250.00 $ 20,187.50 Commencing on the Expansion Space B Commencement Date, Tenant shall pay to Landlord, in addition to Annual Base Rent for the Original Premises, Annual Base Rent with respect to the Expansion Space B in the manner and at the times set forth in Section 3.1 of the Original Lease (as amended by Section 2 of the First Amendment) and in the amounts set forth below, without demand, deduction or setoff, except as expressly provided in the Lease. ESBCD – 6/30/04 $ 13.13 $ 446,328.12 $ 37,194.01 7/1/04 – 6/30/05 $ 13.53 $ 459,925.32 $ 38,327.11 7/1/05 – 6/30/06 $ 13.93 $ 473,522.52 $ 39,460.21 7/1/06 – 6/30/07 $ 14.35 $ 487,799.52 $ 40,649.96 7/1/07 – 6/30/08 $ 14.78 $ 502,416.60 $ 41,868.05 7/1/08 – 6/30/09 $ 15.22 $ 517,373.52 $ 43,114.46 7/1/09 – 6/30/10 $ 15.68 $ 533,010.24 $ 44,417.52 7/1/10 – 12/31/10 $ 16.15 $ 548,986.92 $ 45,748.91 As of the date of this Amendment, Tenant’s Building Expense Percentage for the Premises is 38.33%. Effective as of (i) April 1, 2003, Tenant’s Building Expense Percentage for the entire Premises shall be increased to 40.60% and the Premises shall be deemed to contain 78,633 square feet of rentable area in the aggregate, and (ii) the Expansion Space A Commencement Date, Tenant’s Building Expense Percentage for the entire Premises shall be increased to 48.34% and the Premises shall be deemed to contain 93,633 square feet of rentable area in the aggregate; (iii) the Expansion Space B Commencement Date, Tenant’s Building Expense Percentage for the entire Premises shall be increased to 65.89% and the Premises shall be deemed to contain 127,626 square feet of rentable area in the aggregate; and (iv) October 1, ...
Rent for the Premises. Commencing on the Additional Space Commencement Date, Tenant shall pay to Landlord Annual Base Rent with respect to the entire Premises in the manner and at the times set forth in Section 3.1 of the Original Lease (as amended by Section 2 of the First Amendment) and in the amounts set forth below, without demand, deduction or setoff, except as expressly provided in the Lease. 10/1/05 to 4/30/06 $ 13.93 $ 1,134,319.90 $ 94,526.66 5/1/06 to 4/30/07 $ 14.35 $ 1,168,520.50 $ 97,376.71 5/1/07 to 4/30/08 $ 14.78 $ 1,203,535.40 $ 100,294.62 5/1/08 to 6/30/08 $ 15.22 $ 1,239,364.60 $ 103,280.38 Commencing on the Additional Space Commencement Date, Tenant’s Share for the entire Premises shall be increased to 42.04%, the Premises shall be deemed to contain 81,430 square feet of rentable area in the aggregate, and Tenant shall pay Tenant’s Proportionate Share of Building Operating Expenses and Tenant’s Proportionate Share of Taxes for each year as set forth in Section 3.3 of the Original Lease
Rent for the Premises. 7.1 Starting on the Rent Commencement Date for the Premises, Tenant shall pay to Landlord the Basic Annual Rent during the Term. Basic Annual Rent is subject to annual adjustment as provided in Article 8. 7.2 Basic Annual Rent shall be paid in equal monthly installments as set forth in Section 2.3, subject to the rental adjustments provided in Article 8 hereof, each in advance on the first day of each and every calendar month during the Term. 7.3 In addition to Basic Annual Rent, Tenant shall pay to Landlord as additional rent (“Additional Rent”) at times hereinafter specified in this Lease: (a) Tenant’s pro rata share, as set forth in Section 2.2 (“Tenant’s Pro Rata Share”), of Operating Expenses as provided in Article 9 that exceed the Operating Expenses during the Base Year (Tenant’s Pro Rata Share of such excess, “Tenant’s Operating Expense Obligation”), and (b) any other amounts that Tenant assumes or agrees to pay under the provisions of this Lease that are owed to Landlord, including, without limitation, any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods. 7.4 Basic Annual Rent and Additional Rent shall together be denominated “Rent.” Rent shall be paid to Landlord, without abatement, deduction or offset, in lawful money of the United States of America at the office of Landlord as set forth in Section 2.11 or to such other person or at such other place as Landlord may from time designate in writing. In the event the Term commences or ends on a day other than the first day of a calendar month, then the Rent for such fraction of a month shall be prorated for such period on the basis of a thirty (30) day month and shall be paid at the then-current rate for such fractional month.
Rent for the Premises. Commencing on the Building 8 Rent Commencement Date, Tenant shall pay to Landlord basic annual rent (“Building 8 Basic Annual Rent”) with respect to Building 8 in the amount that results from multiplying the Building 8 Project Costs (as defined below) by seven and 25/100 percent (7.25%). Commencing on the Building 9 Rent Commencement Date, Tenant shall pay to Landlord basic annual rent (“Building 9 Basic Annual Rent” and, together with Building 8 Basic Annual Rent, “Basic Annual Rent”) with respect to Building 9 in the amount that results from multiplying the Building 9 Project Costs (as defined below) by seven and 25/100 percent (7.25%). Basic Annual Rent is subject to annual adjustment as provided in Article 7.
Rent for the Premises. 6.1 Starting on the Rent Commencement Date for the entire New Premises, Tenant shall pay to Landlord each year as Basic Annual Rent for the New Premises (“New Premises Basic Annual Rent”) during the Term the sum of Project Costs (as defined below) multiplied by nine and thirty-five one hundredths percent (9.35%) (the “Annual Factor”). New Premises Basic Annual Rent is subject to annual adjustment as provided in Article 7.
Rent for the Premises