Rent Payments. (A) Annual Rent Payable for the first, second, and third Lease Years: Lessee shall pay to Lessor an annual Base Rent of $511,922.67, which amount shall be payable in advance on the first day of each month in monthly installments of $11,112.99 to Fund XV, $11,112.99 to Fund XVII, $10,217.12 to Fund XVIII, and $10,217.12 to Fund XIX. If the first day of the Lease Term is not the first day of a calendar month, then the monthly Rent payable for that partial month shall be a prorated portion of the equal monthly installment of Base Rent.
Appears in 4 contracts
Samples: Net Lease Agreement (Aei Real Estate Fund Xviii Limited Partnership), Net Lease Agreement (Aei Real Estate Fund Xv LTD Partnership), Net Lease Agreement (Aei Real Estate Fund Xvii Limited Partnership)
Rent Payments. (A) Annual Rent Payable for the first, second, first and third second Lease Years: Lessee shall pay to Lessor an annual Base Rent of $511,922.67405,460.65, which amount shall be payable in advance on the first day of each month in equal monthly installments of $11,112.99 7,771.33 to Fund XVXXII, $11,112.99 8,447.10 to Fund XVIIXXI, $10,217.12 12,839.59 to Fund XVIII, and $10,217.12 $ 4,730.37 to Fund XIXXVII. If the first day of the first full Lease Year of the Lease Term is not the first day of a calendar month, then the monthly Rent payable for that partial month shall be a prorated portion of the equal monthly installment of Base Rent.
Appears in 4 contracts
Samples: Net Lease Agreement (Aei Income & Growth Fund Xxii LTD Partnership), Net Lease Agreement (Aei Real Estate Fund Xviii Limited Partnership), Net Lease Agreement (Aei Real Estate Fund Xvii Limited Partnership)
Rent Payments. (A) Annual Rent Payable for the first, second, and third Lease Years: Lessee shall pay to Lessor an annual Base Rent of $511,922.67105,771.24, which amount shall be payable in advance on the first day of each month in equal monthly installments of $11,112.99 2,296.12 to Lessor Fund XV, $11,112.99 2,296.12 to Lessor Fund XVII, $10,217.12 2,111.02 to Lessor Fund XVIII, and $10,217.12 2,111.01 to Lessor Fund XIX. If the first day of the Lease Term is not the first day of a calendar month, then the monthly Rent payable for that partial month shall be a prorated portion of the equal monthly installment of Base Rent.
Appears in 4 contracts
Samples: Net Lease Agreement (Aei Net Lease Income & Growth Fund Xix Limited Partnership), Net Lease Agreement (Aei Real Estate Fund Xv LTD Partnership), Net Lease Agreement (Aei Real Estate Fund Xviii Limited Partnership)
Rent Payments. (A) Annual Base Rent Payable for the first, second, first and third second Lease Years: Lessee shall pay to Lessor an annual Base Rent to Fund XXI of $511,922.67146,438.15, which amount shall be payable in advance on the first day of each month in equal monthly installments of $11,112.99 12,203.18 and an annual Base Rent to Fund XV93 of $10,853.10, which amount shall be payable in advance on the first day of each month in equal monthly installments of $11,112.99 to Fund XVII, $10,217.12 to Fund XVIII, and $10,217.12 to Fund XIX904.42. If the first day of the Lease Term is not the first day of a calendar month, then the monthly Rent payable for that partial month shall be a prorated portion of the equal monthly installment of Base Rent.
Appears in 1 contract
Samples: Net Lease Agreement (Aei Income & Growth Fund Xxi LTD Partnership)
