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 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: Months Monthly Minimum Rental ------ ---------------------- 7/01 - 12/01 $ 212,537.52 ($1.560/sq ft) 1/02 - 12/02 261,584.64 ($1.920/sq ft) 1/03 - 12/03 271,121.58 ($1.990/sq ft) 1/04 - 12/04 283,383.36 ($2.080/sq ft) 1/05 - 12/05 479,571.84 ($3.520/sq ft) 1/06 - 12/06 498,781.96 ($3.661/sq ft) 1/07 - 12/07 518,673.29 ($3.807/sq ft) 1/08 - 12/08 539,518.32 ($3.960/sq ft) 1/09 - 12/09 561,044.56 ($4.118/sq ft) 1/10 - 12/10 583,524.49 ($4.283/sq ft) 1/11 - 6/11 606,821.87 ($4.454/sq ft) 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 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 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 2 contracts

Samples: Collaboration and Facilities Agreement (Cytokinetics Inc), Collaboration and Facilities Agreement (Cytokinetics Inc)

AutoNDA by SimpleDocs

Rental Amounts. Tenant shall pay to Landlord as minimum rental for -------------- the PremisesBuildings, in advance, without deduction, offset, notice or demand, on or before the Phase 1 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 in accordance with the terms of this Section 3.1: Months Monthly Minimum Rental ------ ---------------------- 7/01 001 - 12/01 $ 212,537.52 012 $168,700 ($1.5602.41/sq ft) 1/02 013 - 12/02 261,584.64 024 196,000 ($1.9202.80/sq ft) 1/03 025 - 12/03 271,121.58 036 200,900 ($1.9902.87/sq ft) 1/04 037 - 12/04 283,383.36 048 205,800 ($2.0802.94/sq ft) 1/05 049 - 12/05 479,571.84 060 210,700 ($3.5203.01/sq ft) 1/06 061 - 12/06 498,781.96 072 216,300 ($3.6613.09/sq ft) 1/07 073 - 12/07 518,673.29 084 221,200 ($3.8073.16/sq ft) 1/08 085 - 12/08 539,518.32 096 226,800 ($3.9603.24/sq ft) 1/09 097 - 12/09 561,044.56 108 207,200 ($4.1182.96/sq ft) 1/10 109 - 12/10 583,524.49 120 212,800 ($4.2833.04/sq ft) 1/11 121 - 6/11 606,821.87 132 219,800 ($4.4543.14/sq ft) 133 - 144 200,200 ($2.86/sq ft) 145 - 156 207,200 ($2.96/sq ft) 157 - 168 189,700 ($2.71/sq ft) 169 - 180 197,400 ($2.82/sq ft) 181 - 192 205,100 ($2.93/sq ft) 193 - 204 213,500 ($3.05/sq ft) 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 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 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. The rental amounts set forth in this Section 3.1(a) are applicable only to Building 1. If Tenant exercises its option under Section 1.1(c)(ii) or (iii), as applicable, for construction and leasing of Building 2 on either the Phase 2-A Property or the Phase 2-B Property, then the rent and other economic terms of such construction and leasing shall be determined in accordance with the applicable provisions of Section 1.1(c) and embodied in a written lease amendment as contemplated therein.

Appears in 1 contract

Samples: Exelixis Inc

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 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: Months Monthly Minimum Rental ------ ---------------------- 7/01 - 12/01 $ $212,537.52 ($1.560/sq ft) 1/02 - 12/02 261,584.64 ($1.920/sq ft) 1/03 - 12/03 271,121.58 ($1.990/sq ft) 1/04 - 12/04 283,383.36 ($2.080/sq ft) 1/05 - 12/05 479,571.84 ($3.520/sq ft) 1/06 - 12/06 498,781.96 ($3.661/sq ft) 1/07 - 12/07 518,673.29 ($3.807/sq ft) 1/08 - 12/08 539,518.32 ($3.960/sq ft) 1/09 - 12/09 561,044.56 ($4.118/sq ft) 1/10 - 12/10 583,524.49 ($4.283/sq ft) 1/11 - 6/11 606,821.87 ($4.454/sq ft) 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 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 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: Sub Sublease (Cytokinetics Inc)

AutoNDA by SimpleDocs

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 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: Months Monthly Minimum Rental ------ ---------------------- 7/01 - 12/01 $ $212,537.52 ($1.560/sq ft) 1/02 - 12/02 261,584.64 ($1.920/sq ft) 1/03 - 12/03 271,121.58 ($1.990/sq ft) 1/04 - 12/04 283,383.36 ($2.080/sq ft) 1/05 - 12/05 479,571.84 ($3.520/sq ft) 1/06 - 12/06 498,781.96 ($3.661/sq ft) 1/07 - 12/07 518,673.29 ($3.807/sq ft) 1/08 - 12/08 539,518.32 ($3.960/sq ft) 1/09 - 12/09 561,044.56 ($4.118/sq ft) 1/10 - 12/10 583,524.49 ($4.283/sq ft) 1/11 - 6/11 606,821.87 ($4.454/sq ft) 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 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 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: Cor Therapeutics Inc / De

Time is Money Join Law Insider Premium to draft better contracts faster.