Security Deposit NONE. 5. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $ 330.13 Summary of Rental Payment Calculations: TOTAL EQUIPMENT MONTHLY SALES TAX MONTHLY EQUIPMENT COST RENTAL @ 8.25% PAYMENT --------- ----------- --------- ------- --------- Taxable $263,175.00 $6,445.68 $531.77 $6,977.45 Exempt $119,475.00 $2,926.18 n/a $2,926.18 ----------- --------- ------- --------- Total $382,650.00 $9,371.86 $531.77 $9,903.63 =========== ========= ======= ========= Lessee hereby irrevocably authorizes Lessor to insert in this Schedule the Commencement Date and the due date of the first rental payment. Except as expressly provided or modified hereby, all the terms and provisions of the Master Lease Agreement shall remain in full force and effect. The Purchase Date shall be June 1, 2001. The Purchase Price shall be the Fair Market Value of the Equipment. Lessee and Lessor agree that the Fair Market Value of the Equipment on the Purchase Date shall be equal to 10% of the Equipment Cost. The Stipulated Loss Value of any items of Equipment shall be an amount equal to the present value of all future Rent discounted at a rate of 6% per annum plus the Reversionary Value. The Reversionary Value of any item of Equipment shall be 10% of Equipment Cost. In witness whereof, this Schedule is hereby executed and agreed to this 30th day of June 1997. TRANSAMERICA BUSINESS CREDIT ABGENIX, INC. CORPORATION (Lessee) (Lessor) By: By: --------------------------------- ------------------------------------ Title: ------------------------------ Title: CEO SCHEDULE TO MASTER LEASE AGREEMENT Dated as of July 23, 1997 Schedule No. 5 LESSOR NAME & MAILING ADDRESS LESSEE NAME & MAILING ADDRESS Transamerica Business Credit Abgenix, Inc. Corporation 324 Xxxxxxxx Xxxxx Xxxxxxxx XX Xxxxxx Xxxx, Xxxxxxxxxx 00000 Xxxt Office Tower 9399 Xxxx Xxxxxxx Xxxx Xxxxxxxx, Illinois 60018 Equipment Location (if different than Lessee's address above): 7601 Xxxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx Xxis Schedule covers the following described equipment ("Equipment"). See Exhibit II and Rider I attached hereto and made a part hereof. The Equipment is hereby leased pursuant to the provisions of the Master Lease Agreeme...
Security Deposit NONE. 9. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $ 5,821.91 Equipment Location with Tax Rates: EQUIPMENT EQUIPMENT RATE MONTHLY TAX MONTHLY TOTAL INTERIM SALES TAX COST LOCATION FACTOR PAYMENT RATE SALES TAX PAYMENT RENT INTERIM RENT ---- -------- ------ ------- ---- --------- ------- ---- ------------ $198.00 255 Brentwood 3.169 $6.27 5.000% $0.31 $6.59 $3.97 $0.20 Soldxxxx, XX 00000 $198.00 2138 Xxxxxxxxxx Xxxx 3.169 $6.27 7.000% $0.44 $6.71 $3.97 $0.28 Auguxxx, XX 00000 $198.00 4642 Xxxxx Xxxxxx Xxxx 3.169 $6.27 7.750% $0.49 $6.76 $3.97 $0.31 San Xxxxxxx, XX 00000 $198.00 8903 Xxxxxxx Xxxx Xx. 3.169 $6.27 8.250% $0.52 $6.79 $3.97 $0.33 Austxx, XX 00000 $198.00 6804 Mount Cedar 3.169 $6.27 8.250% $0.52 $6.79 $3.97 $0.33 Dallxx, XX 00000 $205.00 8871 Xxxxx Xxxx Xxxx 3.169 $6.50 4.500% $0.29 $6.79 $4.11 $0.19 Hayex, XX 00000 $198.00 1245 XX 000xx Xxxxxx 3.169 $6.27 0.000% $0.00 $6.27 $3.97 $0.00 Portxxxx, XX 00000 $198.00 500 Xxxxxxx Xxxxxx #000 3.169 $6.27 7.000% $0.44 $6.71 $3.97 $0.28 Pittxxxxxx, XX 00000 $198.00 10560 XX Xxxxx Xxxxx 3.169 $6.27 6.000% $0.38 $6.65 $3.97 $0.24 Pompxxx Xxxxx, XX 00000 $198.00 3292 Xxxxxxxxxxx 3.169 $6.27 6.000% $0.38 $6.65 $3.97 $0.24 Kalaxxxxx, XX 00000 $205.00 3219 Xxxxxxxxx Xxxxxxx 3.169 $6.50 6.000% $0.39 $6.89 $4.11 $0.25 Rochxxxxx, XX 00000 $198.00 204 Xxxxxxxxx Xxxx. 3.169 $6.27 7.000% $0.44 $6.71 $3.97 $0.28 Brandon, MS $150.00 5794 Xxxxxxxxx Xxxxxx, Xxx. X 3.169 $4.75 7.000% $0.33 $5.09 $3.01 $0.21 Farmxxxxxx, XX 00000 $2,540.00 TOTAL FOR OTHER LOCATIONS $88,464.04 TOTAL FOR TAXABLE EQUIPMENT 3.169 $2,803.43 7.750% $217.27 $3,020.69 $1,775.50 $137.60 SAN DIEGO, CA $192,060.81 TOTAL FOR EXEMPT EQUIPMENT 3.169 $6,086.41 0.000% $0.00 $6,086.41 $3,854.72 0 SAN DIEGO, CA $283,064.85 GRAND TOTAL $8,970.33 $222.19 $9,192.52 $5,681.19 $140.72 81 Renewal terms: In the event the Lease does not exercise the Purchase Option described below, the Lease shall automatically renew for a term of 12 months with Monthly Rental equal to 1.5% of the original Equipment Cost payable monthly in advance. At the expiration of the renewal period, the Lessee shall have the option to purchase all (but not less than all) the Equ...
Security Deposit NONE. M. TERM shall mean the period of time commencing August 1, 2014, hereafter the “Commencement Date” and ending July 31, 2015, unless otherwise terminated or extended pursuant to the terms of this Lease For and in consideration of the covenants contained in this Lease, and upon the terms and conditions set forth in this Lease, Landlord and Tenant, intending to be legally bound, agree as follows:
Security Deposit NONE. 9. Parking (Article 28): Tenant shall have non-exclusive use of four hundred twenty eight (428) parking spaces, as more particularly set forth in Article 28.
Security Deposit NONE. (Article 21):
Security Deposit NONE. 9. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $593.66 Equipment Location with Tax Rates SALES TAX EQUIPMENT SALES TAX TAX RATE PAYMENT INTERIM MONTHLY COST LOCATION RATE AMOUNT FACTOR AMOUNT RENT TAX PAYMENT ---- -------- ---- ------ ------ ------ ---- ----------- $ 395.50 LANDSDALE, PA 7.00% 27.69 3.169% 12.60 .06 .89 $ 200.00 COLUMBUS, OHIO 5.75% 11.50 3.169% 6.30 .02 .37 $ 395.50 WASHINGTON, D.C. 5.75% 22.74 3.169% 12.60 .05 .72 $ 386.50 FREDXXXX, XX 5.00% 19.33 3.169% 12.30 .04 .62 $ 386.50 MARIETTA, GA 5.00% 19.33 3.169% 12.30 .04 .61 $ 386.50 PENFIELD, NY 8.00% 30.92 3.169% 12.30 .06 .98 $ 372.50 MICHIGAN CITY, IN 5.00% 18.63 3.169% 11.85 .04 .59 $ 745.00 DENVER, CO 7.30% 54.39 3.169% 23.55 .11 1.72 $ 372.50 PHOENIX, AZ 7.05% 26.26 3.169% 11.85 .06 .83 $ 413.22 VANCOUVER, WA 7.60% 31.40 3.169% 13.05 .07 .99 $ 389.98 PASSAIC, NJ 6.00% 23.40 3.169% 12.30 .00 .00 $ 360.50 NEW YORK, NY 8.25% 29.74 3.169% 11.40 .06 .94 $ 391.50 SEATTLE, WA 8.60% 33.67 3.169% 12.45 .07 1.07 $ 167.50 MAPLETON, UT 6.00% 10.05 3.169% 5.10 .02 .30 $ 255,501.45 SAN DIEGO, CA 7.75% 19,801.36 3.169% 8,096.85 41.84 627.50 $ 260,864.65 $20,136.99 8,266.80 42.54 638.13 Renewal terms: In the event the Lease does not exercise the Purchase Option described below, the Lease shall automatically renew for a term of 12 months with Monthly Rental equal to 1.5% of the original Equipment Cost payable monthly in advance. At the expiration of the renewal period, the Lessee shall have the option to purchase all (but not less than all) the Equipment for its then current Fair Market Value, plus applicable sales and other taxes. The Lessee shall have the option to purchase all (but not less than all) the Equipment at the expiration of the term of the lease for the then Fair Market Value of the Equipment, plus applicable sales and other taxes. It shall be agreed that the Fair Market Value shall not be less than 10% of the Equipment Cost nor more than 20% of the Equipment Cost plus applicable dales and other taxes. Lessee hereby irrevocably authorizes Lessor to insert in this Schedule the Commencement Date and the due date of the first rental payment. Except as expressly provided or...
Security Deposit NONE. 9. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $ 767.57 105 Equipment Location with Tax Rates: RATE MONTHLY MONTHLY TOTAL INTERIM SALES TAX EQUIPMENT LOCATION FACTOR PAYMENT TAX RATE SALES TAX PAYMENT RENT INTERIM RENT ------------------ ------ ------- -------- --------- ------- ---- ------------ 220 N. 22nd Pl, APT 2026, Mesa, AZ 3.169 $5.74 7.200% $0.41 $6.15 $1.53 $0.11 1606 E. 550 Rd., Lawrence, KS 3.169 $5.29 6.900% $0.37 $5.66 $1.41 $0.10 204 Brenhaven Blvd, Brandon, MS 3.169 $5.55 7.000% $0.39 $5.93 $1.48 $0.10 5101 Butternut Rd., Durhan, NC 3.169 $4.94 6.000% $0.30 $5.24 $1.32 $0.08 31-24 99th St., Flushing, NY 3.169 $5.20 8.250% $0.43 $5.62 $1.39 $0.11 4421 Carrington CT, Harrisburg, PA 3.169 $5.74 6.000% $0.34 $6.08 $1.53 $0.09 3001 Blue Bird, McCallen, TX 3.169 $5.74 8.250% $0.47 $6.21 $1.53 $0.13 128 William Richmond, Williamsburg, VA 3.169 $5.74 4.500% $0.26 $5.99 $1.53 $0.07 2282 S. Highland Dr., Camino Island, WA 3.169 $5.29 8.000% $0.42 $5.71 $1.41 $0.11 Other exempt equipment 3.169 $11.47 0.000% $0.00 $11.47 $3.06 $0.00 TOTAL FOR TAXABLE CA EQUIPMENT 3.169 $1,592.60 7.750% $123.43 $1,716.02 $424.69 $32.91 TOTAL FOR EXEMPT CA EQUIPMENT 3.169 $1,091.63 0.000% $0.00 $1,091.63 $291.10 $0.00 GRAND TOTAL $2,751.31 $127.10 $2,878.41 $733.68 $33.89 106 Renewal terms: In the event the Lease does not exercise the Purchase Option described below, the Lease shall automatically renew for a term of 12 months with Monthly Rental equal to 1.5% of the original Equipment Cost payable monthly in advance. At the expiration of the renewal period, the Lessee shall have the option to purchase all (but not less than all) the Equipment for its then current Fair Market Value, plus applicable sales and other taxes. The Lessee shall have the option to purchase all (but not less than all) the Equipment at the expiration of the term of the lease for the then Fair Market Value of the Equipment, plus applicable sales and other taxes. It shall be agreed that the Fair Market Value shall not be less than 10% of the Equipment Cost nor more than 20% of the Equipment Cost plus applicable dales and other taxes. Lessee hereby irrevocably authorizes Lessor to ins...
Security Deposit NONE. 8. HOLDING OVER If Tenant remains in possession of all or any part of the Premises after the expiration of the Term, with or without the express or implied consent of Landlord, such tenancy shall be from month-to-month only and not a renewal hereof or any extension for any further term, and in such case, the net Monthly Rent shall be one hundred fifty percent (150%) of the net Monthly Rent payable during the last month of the Term and such month-to-month tenancy shall be subject to every other term, covenant and agreement of this Lease. 9. CONDITION OF PREMISES Within thirty (30) days after completion of the Tenant Improvements, Tenant shall conduct a walk-through inspection of the Premises with Landlord and complete a punch-list of items needing additional work by Landlord. Other than the items specified in the punch-list, by taking possession of the Premises, Tenant shall be deemed to have accepted the Premises as improved with the Tenant Improvements in good, clean and completed condition and repair, subject to all applicable laws, codes and ordinances. The punch-list to be prepared by Tenant shall not include any damage to the Premises caused by Tenant's move-in, which damage shall be repaired or corrected by Tenant, at its expense. Tenant acknowledges that neither Landlord nor its Agents have agreed to undertake any Alterations or construct any Tenant Improvements to the Premises except as expressly provided in this Lease. If Tenant fails to submit a punch-list to Landlord within such thirty (30) day period, it shall be deemed that there are no items needing additional work or repair. Landlord's contractor shall complete all reasonable punch-list items within thirty (30) days after the walk-through inspection or as soon as practicable thereafter. Upon completion of such punch-list items, Landlord shall so notify Tenant. Tenant shall approve such completed items in writing to Landlord. If Tenant fails to reasonably approve such items within fifteen (15) days of notice of completion by Landlord, such items shall be deemed approved by Tenant. 10.
Security Deposit NONE. ARTICLE 5
Security Deposit NONE. 9. In addition to the monthly rental payments provided for herein, Lessee shall pay to Lessor, as interim rent, payable on the commencement date specified above, an amount equal to 1/30th of the monthly rental payment (including monthly sales/use tax) multiplied by the number of days from and including the commencement date through the end of the same calendar month. $_____________ Lessee hereby irrevocably authorizes Lessor to insert in this Schedule the Commencement Date and the due date of the first rental payment. Except as expressly provided or modified hereby, all the terms and provisions of the Master Lease Agreement shall remain in full force and effect. The Purchase Date shall be ____________, ____ The Purchase Price shall be the Fair Market Value of the Equipment. Lessor and Lessee agree that the Fair Market Value of the Equipment on the Purchase Date shall be not less than 5% nor more than 10% of the Equipment Cost. The Stipulated Loss Value of any items of Equipment shall be an amount equal to the present value of all future Rent discounted at a rate of 6% per annum plus the Reversionary Value. The Reversionary Value of any item of Equipment shall be 10% of Equipment Cost. In witness whereof, this Schedule is hereby executed and agreed to this ____ day of _______, __, 1997. TRANSAMERICA BUSINESS CREDIT CLOSURE MEDICAL CORPORATION CORPORATION (Lessee) (Lessor) By:__________________________ By:_______________________ Title:_____________________ Title:______________________
