Common use of Rents and Other Amounts Payable Clause in Contracts

Rents and Other Amounts Payable. (a) The Company shall pay to the Agency on the Closing Date the balance of the Agency’s administrative fee in the amount of $27,448.00 (equal to the administrative fee of $27,000 plus the public hearing notice and transcript costs of $448. The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2017 and continuing through the Lease Term.

Appears in 1 contract

Samples: Lease and Project Agreement

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Rents and Other Amounts Payable. (a) The Company shall pay to the Agency on the Closing Date the balance of the Agency’s administrative fee in the amount of $27,448.00 [ ] (equal to the administrative fee of $27,000 [ ] plus the public hearing notice and transcript costs of $448[ ]. The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2017 20[ ] and continuing through the Lease Term.

Appears in 1 contract

Samples: Lease Agreement

Rents and Other Amounts Payable. (a) The Company shall pay to the Agency on the Closing Date the balance of the Agency’s administrative fee in the amount of $27,448.00 19,397.00 (equal to the administrative fee of $27,000 18,925.00 plus the public hearing notice and transcript costs of $448472.00. The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2017 2020 and continuing through the Lease Term.

Appears in 1 contract

Samples: Lease and Project Agreement

Rents and Other Amounts Payable. (a) The Company shall pay to the Agency on the Closing Date the balance of the Agency’s administrative fee in the amount of $27,448.00 28,774 (equal to the administrative fee of $27,000 29,438 less the application fee of $2,000, plus the public hearing notice and transcript costs of $448586, plus the $750 initial compliance fee). The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 500 on or before January 1 of each year commencing January 1, 2017 2020 and continuing through the Lease Term.

Appears in 1 contract

Samples: Lease and Project Agreement (Chembio Diagnostics, Inc.)

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Rents and Other Amounts Payable. (a) The Company shall pay to the Agency on the Closing Date the balance of the Agency’s administrative fee in the amount of $27,448.00 133,052 (equal to the administrative fee of $27,000 132,500 plus the public hearing notice and transcript costs of $448552). The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2017 2020 and continuing through the Lease Term.

Appears in 1 contract

Samples: Lease Agreement

Rents and Other Amounts Payable. (a) The Company shall pay to the Agency on the Closing Date the balance of the Agency’s administrative fee in the amount of $27,448.00 19,874.00 (equal to the administrative fee of $27,000 19,402.00 plus the public hearing notice and transcript costs of $448472.00. The Company shall pay basic rent for the Facility as follows: One Dollar ($1.00) per year commencing on the Closing Date and on each and every January 1 thereafter during the term of this Lease Agreement. In addition, the Company shall pay to the Agency an annual compliance fee of $1,000 on or before January 1 of each year commencing January 1, 2017 2020 and continuing through the Lease Term.

Appears in 1 contract

Samples: Lease and Project Agreement

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