Term and Rental. The term of this Lease (the "Minimum Lease Term") for any item of Equipment shall be set forth in the Schedule relating to such item of Equipment and shall commence (the "Commencement Date") on the acceptance Date ("Acceptance Date"), which shall be the applicable of: (1) the date of delivery of the Equipment to Lessee; (2) in the case of Equipment which is the subject of a sale and leaseback between Lessor and Lessee, the date upon which Lessor purchases such Equipment from Lessee; or (3) in the case of Equipment requiring installation, the date of installation of the Equipment. If the Acceptance Date is other than the first day of a calendar month, then the Commencement Date of the Minimum Lease Term set forth in any Schedule shall be the first day of the calendar month following the month which includes the Acceptance Date and Lessee shall pay to Lessor, in addition to all other sums due hereunder, an amount equal to one-thirtieth of the amount of the average monthly rental payment due or to become due hereunder multiplied by the number of days from and including the Acceptance Date to the Commencement Date of the Minimum Lease Term set forth in the Schedule. Lessee agrees to pay the total rental for the entire term hereof, which shall be the total amount of all rental payments set forth in the Schedule, plus such additional amounts as may become due hereunder or pursuant to any written modification hereof or additional written agreement hereto. Except as otherwise specified in the Schedule, rental payments hereunder shall be monthly and shall be payable in advance on the first day of each month during the term of this Lease beginning with the Commencement Date of the Minimum Lease Term and shall be sent to the address of the Lessor specified in this Lease or in the Schedule or as otherwise directed by the Lessor in writing. Time is of the essence. Rental payments or any other payments due hereunder not made on or before the due date shall be overdue and shall be subject to a service charge in an amount equal to five percent (5%) per month of the overdue payments or the maximum rate permitted by law whichever is less (the "Service Charge Rate"). If Lessor shall at any time accept a rental payment after it shall become due, such acceptance shall not constitute or be construed as a waiver of any or all of Lessor's rights hereunder, including without limitation those rights of Lessor set forth in Sections 12 and 13 hereof.
Term and Rental. The term ("Lease Term") shall be for one hundred twenty (120) months, commencing on the date on which the Building Shell and Tenant Improvements are Substantially Complete as defined in Article 7.H below ("Commencement Date"), and ending one hundred twenty (120) months thereafter, ("Expiration Date"). In addition to all other sums payable by Tenant under this Lease, Tenant shall pay as base monthly rent ("Base Monthly Rent") below for the Premises in an amount determined pursuant to Exhibit "B" attached hereto. Base Monthly Rent shall increase at the end of the forty-second and eighty fourth month of the Lease Term by the product of the Base Monthly Rent payable for the preceding month and one and 147/1000 (1.147). The parties agree to enter into an amendment to this Lease setting forth the exact amount of the Base Monthly Rent payable during the Lease Term within fourteen (14) days following determination by Landlord. Base Monthly Rent shall be due on or before the first day of each calendar month during Lease Term. All sums payable by Tenant under this Lease shall be paid in lawful money of the United States of America, without offset or deduction, and shall be paid to Landlord at the address specified in Article 1 of this Lease or at such place or places as may be designated from time to time by Landlord. Base Monthly Rent for any period less than a calendar month shall be a pro rata portion of the monthly installment.
Term and Rental. 1. This lease shall commence on February 1, 2021. The term of this lease shall end on January 31, 2031.
Term and Rental. Lessee shall pay to Lessor, in addition to all other sums due hereunder, an amount equal to the product of (i) the amount funded by Lessor; multiplied by (ii) one-thirtieth of the applicable Monthly Rent Factor (as such term is defined in the Addendum); multiplied by the number of days from and including the date of such funding by Lessor to the Commencement Date of the Initial Lease Term Lessee agrees to pay the total rental for the entire term hereof, which shall be the total amount of all rental payments set forth in the Schedule, plus such additional amounts as may become due hereunder or pursuant to any written modification hereof or additional written agreement hereto. Except as otherwise specified in the Schedule, rental payments hereunder shall be monthly and shall be payable in advance on the first day of each month during the term of this Lease beginning with the Commencement Date of the Initial Lease Term and shall be sent to the address of the Lessor specified in this Lease or in the Schedule or as otherwise directed by the Lessor in writing Rental payments or any other payments due hereunder not made on or before the due date shall be overdue and shall be subject to a Service Charge. If Lessor shall at any time accept a rental payment after it shall become due, such acceptance shall not constitute or be construed as a waiver of any or all of Lessor's rights hereunder, including without limitation those rights of Lessor set forth in Sections 13 and 14 hereof.
Term and Rental. The term shall be for eighty-four (84) months, commencing, as adjusted pursuant to paragraph 7, on the first day of October, 1990 ("Commencement Date"), and ending as adjusted pursuant to Paragraph 7 on the thirtieth day of September 1997 at the effective rent of $0.94 per square foot for a total rent or sum of Three Million Three Hundred Fifty-one Thousand Eight Hundred Fifty-Two and No/100 Dollars ($3,351,852.00), payable, without deduction or offset, in monthly installments of: 10/1/90-9/30/91 $16,980.00 per month $203,760.00 $0.40/sq.ft. 10/1/91-9/20/92 $35,233.50 per month $422,802.00 $0.83/sq.ft. 10/1/92-9/30/93 $40,327.50 per month $483,930.00 $0.95/sq.ft. 10/1/93-9/30/94 $42,874.50 per month $514,494.00 $1.01/sq.ft. 10/1/94-9/30/95 $45,421.50 per month $545,059.00 $1.07/sq.ft. 10/1/95-9/30/96 $47,968.40 per month $575,622.00 $1.13/sq.ft. 10/1/96-9/30/97 $50,515.50 per month $606,196.00 $1.19/sq.ft. due on or before the full day of each calendar month during the term hereof. Said rental shall be paid in lawful money of the United States of America, without offset or deduction, and shall be paid to Landlord at such place or places as may be designated from time to time by Landlord. Rent for any period less than a calendar month shall be a pro rata portion of the monthly installment.
Term and Rental. 2.1 The Hire Term shall be specified in the Quotation.
Term and Rental. 1. This lease shall commence on September 1, 2011. The hunting rights and campsite lease rights will commence on September 1, 2011. All other rights granted herein will commence on January 1, 2012. The term of this lease shall end on January 31, 2021.
Term and Rental. The term of the lease for any Equipment ('Lease Term'), its commencement date ('Lease Commencement Date') and the amount of the rental ('Rental', together with the sales tax and goods and services tax thereon, if applicable, and the terms of payment thereof, will be as provided in the Schedule related to such Equipment. Lessee's obligation to pay Rental and other amounts owing under a Schedule or hereunder shall be absolute and unconditional without any claim of setoff or compensation by Lessee. Lessee shall not be permitted to prepay its Rentals or other obligations. Lessee shall on the Lease Commencement Date pay Lessor the number of advance rentals, if any, set forth in the Schedule. Such advance rentals shall not constitute a security deposit and shall not be refundable to Lessee under any circumstances, but shall be applied by Lessor against subsequent Rentals in reverse order of maturity.
Term and Rental. The term of this Rental Agreement is for 12 month(s) effective The monthly rent effective is $ . Rent is DUE and PAYABLE in advance on the first day of each month and shall be considered delinquent after the seventh
Term and Rental. The use of this Agreement will be limited to a term of [days, months or year] following the date this Agreement is signed; however, may be renewed. Operator must give the DED Division Director notice at least five (5) days before expiration of the Agreement [so long as the Operator is diligently working on obtaining a business site lease]. Rent shall be waived, but shall not be construed to be the annual rental for a Business Site Lease or Permit.
