Common use of Rental Amounts Clause in Contracts

Rental Amounts. Tenant shall pay to Landlord as minimum rental for the Premises, in advance, without deduction, offset, notice or demand, on or before the Rent Commencement Date and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month (subject to adjustment under Section 3.1(c) below, if applicable): Months Sq Ft PSF/PM Monthly Minimum Rental 01 - 12 30,000 $ 3.250 $ 97,500.00 13 - 18 36,000 $ 3.400 $ 122,499.00 19 - 24 45,678 $ 3.400 $ 155,305.00 25 - 36 45,678 $ 3.600 $ 164,441.00 37 - 48 45,678 $ 3.744 $ 171,018.00 49 - 60 45,678 $ 3.894 $ 177,859.00 61 - 72 45,678 $ 4.050 $ 184,974.00 73 - 84 45,678 $ 4.211 $ 192,372.00 If the obligation to pay minimum rental hereunder commences on other than the first day of a calendar month or if the term of this Lease terminates on other than the last day of a calendar month, the minimum rental for such first rental payment month or last month of the term of this Lease, as the case may be, shall be prorated based on the number of days the term of this Lease (from and after the Rent Commencement Date, if applicable) is in effect during such month. If an increase in minimum rental becomes effective on a day other than the first day of a calendar month, the minimum rental for that month shall be the sum of the two applicable rates, each prorated for the portion of the month during which such rate is in effect.

Appears in 3 contracts

Samples: Office Lease (OncoMed Pharmaceuticals Inc), Animal Care Agreement (OncoMed Pharmaceuticals Inc), Lease (OncoMed Pharmaceuticals Inc)

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Rental Amounts. Tenant shall pay to Landlord as minimum rental for the Premises, in advance, without deduction, offset, notice or demand, on or before the Rent Commencement Date and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month (subject to adjustment under Section 3.1(c) below, if applicable): Monthly Months Sq Ft PSF/PM Monthly Minimum Rental 01 - 12 -12 30,000 $ $3.250 $ 97,500.00 13 - 13-18 36,000 $ $3.400 $ 122,499.00 19 - 19-24 45,678 $ $3.400 $ 155,305.00 25 - 25-36 45,678 $ $3.600 $ 164,441.00 37 - 37-48 45,678 $ $3.744 $ 171,018.00 49 - 49-60 45,678 $ $3.894 $ 177,859.00 61 - 61-72 45,678 $ $4.050 $ 184,974.00 73 - 73-84 45,678 $ $4.211 $ 192,372.00 If the obligation to pay minimum rental hereunder commences on other than the first day of a calendar month or if the term of this Lease terminates on other than the last day of a calendar month, the minimum rental for such first rental payment month or last month of the term of this Lease, as the case may be, shall be prorated based on the number of days the term of this Lease (from and after the Rent Commencement Date, if applicable) is in effect during such month. If an increase in minimum rental becomes effective on a day other than the first day of a calendar month, the minimum rental for that month shall be the sum of the two applicable rates, each prorated for the portion of the month during which such rate is in effect.

Appears in 1 contract

Samples: Animal Care Agreement (Revolution Medicines, Inc.)

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Rental Amounts. Tenant shall pay to Landlord as minimum rental for the Premises, in advance, without deduction, offset, notice or demand, on or before the Rent Commencement Date and on or before the first day of each subsequent calendar month of the initial term of this Lease, the following amounts per month (subject to adjustment under Section 3.1(c) below, if applicable): Monthly Months Sq Ft PSF/PM Monthly Minimum Rental 01 - 12 30,000 35,000 $ 3.250 3,000 $ 97,500.00 105,000.00 13 - 18 36,000 — 24 50,000 $ 3.400 3,000 $ 122,499.00 19 - 24 45,678 150,000.00 25 — 36 65,604 $ 3.400 3,070 $ 155,305.00 25 - 36 45,678 201,404.28 37 — 48 65,604 $ 3.600 3,162 $ 164,441.00 37 - 48 45,678 207,446.41 49 — 60 65,604 $ 3.744 3,257 $ 171,018.00 49 - 60 45,678 213,669.80 61 — 72 65,604 $ 3.894 3,355 $ 177,859.00 61 - 72 45,678 220,079.89 73 — 84 65,604 $ 4.050 3,455 $ 184,974.00 73 - 84 45,678 226,682.29 85 — 96 65,604 $ 4.211 3,559 $ 192,372.00 233,482.76 97 — 108 65,604 $ 3,666 $ 240,487.24 109 — 120 65,604 $ 3,776 $ 247,701.86 121 — 132 65,604 $ 3,889 $ 255,132.92 If the obligation to pay minimum rental hereunder for the initial term or for any renewal term commences on other than the first day of a calendar month or if the initial term or any renewal term of this Lease terminates on other than the last day of a calendar month, the minimum rental for such first rental payment month or last month of the applicable initial or renewal term of this Lease, as the case may be, shall be prorated based on the number of days the applicable term of this Lease (from and after the Rent Commencement Date, if applicable) is in effect during such month. If an increase in minimum rental becomes effective on a day other than the first day of a calendar month, the minimum rental for that month shall be the sum of the two applicable rates, each prorated for the portion of the month during which such rate is in effect.

Appears in 1 contract

Samples: Lease (Alexza Pharmaceuticals Inc.)

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