RENT OBLIGATION. The parties intend and agree that the obligations of Tenant to pay Rent shall be separate and independent covenants and agreements and shall continue unabated throughout the Term hereof unless modified or terminated pursuant to an express provision of this Lease.
RENT OBLIGATION. Upon termination of this Lease by a total condemnation of the Leased Premises, all rents and other charges payable by Lessee to or on behalf of Lessor under the provisions of this Lease shall be paid up to the date on which actual physical possession of the Leased Premises shall be taken by the condemnor. The parties hereto shall thereafter be released from all further liability in relation thereto.
RENT OBLIGATION. Upon termination of this Lease in whole or in part as herein provided, all rentals and other charges payable by Lessee to or on behalf of Lessor hereunder shall be paid up by Lessee to the date on which actual physical possession shall be taken by the condemnor, and, Lessee shall thereafter be liable
RENT OBLIGATION. The obligation of Tenant to pay all Rent and other sums hereunder provided to be paid by Tenant and the obligation of Tenant to perform Tenant's other covenants and duties hereunder constitute independent, unconditional obligations to be performed at all times provided for hereunder, save and except only when an abatement thereof or reduction therein is hereinabove expressly provided for. Tenant waives and relinquishes all rights which Tenant might have to claim any nature of lien against, withhold or deduct from, or offset against any Rent and other sums provided hereunder to be paid to Landlord by Tenant. Tenant waives and relinquishes any right to assert, either as a claim or as a defense, that Landlord is bound to perform or is liable for the nonperformance of any implied covenant or implied duty of Landlord not expressly herein set forth.
RENT OBLIGATION. Both Parties agree that occupancy of the Premises for one or more days each month shall obligate the 2nd Party for a full month's rent. There shall be no apportionment of rent on a daily basis. If the contract begins and ends on a day other than the first day of a month, occupancy for one or more days in each thirty day rent period shall obligate the tenant for a full thirty days rent unless otherwise agreed upon in this contract by 1st Party.
RENT OBLIGATION. In consideration of the right to use and occupy the Subleased Premises and other rights of Sublessee hereunder, Sublessee shall pay to Sublessor gross annual rent ("Rent") in the amount of Four and 00/100 Dollars ($4.00) per square foot of rentable area contained within the buildings constituting the Subleased Premises (i.e., as of the date of this Sublease, the aggregate annual Rent will equal One Million Nine Hundred Seventy-Seven Thousand Three Hundred Eight and 00/100 Dollars ($1,977,308.00) calculated as $4 multiplied by 494,327 square feet of rentable area contained within the Subleased Premises), subject to annual adjustments pursuant to and in accordance with this Section 3 below. Such Rent shall be paid to Sublessor in twelve (12) equal monthly installments of $164,775.67, subject to annual adjustment pursuant to and in accordance with this Section 3 below. Such monthly installments of Rent shall be payable in advance on the first day of each calendar month during the term of this Sublease. If the term of this Sublease commences on a day other than the first day of a calendar month or terminates on a day other than the last day of a calendar month, then the monthly installments of Rent accruing under any provision of this Sublease for such month or months shall be prorated, based on the actual number of days in such month. Sublessor and Sublessee hereby acknowledge and agree that, for all purposes under this Sublease, the Subleased Premises as of the date of this Sublease contains 494,327 square feet of rentable area.
RENT OBLIGATION. Lessee shall pay to Lessor all rent when due without demand, deduction or set off, except as provided in this Lease. Payment by the Lessee of rent shall be net of the whole amount of the withholding tax on rentals, if any is due. The Lessee, if required, shall, pursuant to appropriate laws, rules and regulations, deduct the withholding tax on rental payments and remit the same to the Bureau of Internal Revenue. The Lessee, if required, shall furnish the Lessor a duly certified written statement showing the payments made by the Lessee to the Lessor during the quarter and the amount of taxes withheld therefrom together with a copy of the Remittance Return and the corresponding tax receipts. Lessee’s obligation to pay rent is independent from any of Lessor’s obligations in this Lease. Lessee shall pay to Lessor a penalty of $500 for each day from the date that such rent is due through the date that Lessor receives such past due rent.
RENT OBLIGATION. Sublessee covenants and agrees to pay the Rent as hereinafter defined to Sublessor during the Sublease Term, without notice and without offset, deduction or abatement. Sublessee's obligation to pay Rent accrues and rent payments shall commence on January 10, 2000.
