THE BASE RENT Clause Samples
The Base Rent clause defines the fixed amount of rent that a tenant is required to pay to the landlord, typically on a monthly or annual basis, for the use of leased premises. This clause specifies the exact dollar amount, the payment schedule, and may outline any adjustments or escalations over the lease term. By clearly stating the tenant’s minimum financial obligation, the clause ensures both parties understand the fundamental cost of the lease and helps prevent disputes over payment expectations.
POPULAR SAMPLE Copied 3 times
THE BASE RENT. 4.01 From and after the Commencement Date, Tenant agrees to pay to Landlord, as minimum net rental for the Initial Term and Option Terms of this Lease, the sum(s) set forth in Paragraph 1.01(g) (the "Base Rent"). The term "Lease Year" as used herein shall be defined to mean a period of twelve (12) consecutive calendar months. The first Lease Year shall begin on the date determined in accordance with Section 3.01. Each succeeding Lease Year shall commence on the anniversary date of the first Lease Year.
THE BASE RENT. Commencing with the execution of this Agreement, Tenant agrees to pay to Landlord, Base Rent of Two Thousand Five Hundred Dollars ($2,500) per month, payable in arrears, without demand, on the tenth day of each and every month until the Construction Term comes to an end, plus the first three (3) months of the Initial Term. Tenant will pay the first month's rent in advance at the time of the execution of this Agreement.
THE BASE RENT. 3 SECTION 5.
THE BASE RENT. (Annual Amount) set forth on page 1 of the Schedule of Significant Terms for the period 7/1/89 - 7/14/89 is hereinafter amended to read $1,809,063.84 and the sum of $1,688,459.58 is deleted.
THE BASE RENT under Section 1.13 of the Lease shall be calculated without reference to this Second Amendment until February 8, 1999 and thereafter shall be as follows: February 8, 1999 to January 9, 2000 $48,229 January 10, 2000 to February 7, 2001 $49,780 February 8, 2001 to January 9, 2002 $52,252 January 10, 2002 to February 7, 2003 $53,458 February 8, 2003 to February 9, 2004 $56,133
THE BASE RENT. 4.01 Tenant agrees to pay to Landlord, as a minimum net rental for the original Term of this Lease, the total amount of Three Million Either Hundred Seventy-Seven Thousand, Four Hundred Sixty-Seven and 90/100 Dollars ($3,877,467.90), in monthly installments of Twenty-Nine Thousand Three Hundred Twenty Four and 46/100 ($29,324.46) Dollars for months 1-48; Thirty-Two Thousand, Nine Hundred Twenty and 85/100 ($32,920.85) Dollars for months 49-96; and Thirty-Seven Thousand Seventy and 54/100 ($37,070.54) Dollars for months 97-120.
4.02 Each monthly installment of minimum net rental will be paid in advance, without any setoffs or deductions, on the first day of each and every month (the "Rent Date") during the Term, at the office of the Landlord (P.O. ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ 60675- 5460) or at such other place as Landlord from time to time may designate in writing. Landlord acknowledges receipt of Twenty-Nine Thousand Three Hundred Twenty-Four and 46/100 Dollars ($29,324.46), representing the first month's rent. In the event the Commencement Date is other than the first day of a calendar month, the rental for the partial first calendar month of the Term will be prorated accordingly.
4.03 Except as otherwise provided herein, Landlord and Tenant acknowledge and agree that this is a net lease, and that it must yield, net, to Landlord during the original Term, not less than the minimum net rent shown in Section 4.01. All costs, expenses and charges of every nature relating to the Premises which may be attributable to, or become due during, the Term will be paid by Tenant, and Tenant will indemnify and hold harmless Landlord from and against such costs, expenses and charges.
THE BASE RENT. 4.01 Tenant agrees to pay to Landlord, as minimum net rental for the original Term of this Lease, the total amount of One Million Three Hundred Forty-Eight Thousand and Ninety-six and no/100 ($1,348,096.00) Dollars in monthly installments as follows: December 1999 through January 2000 $20,792.00 February 2000 through January 2003 $36,292.00
4.02 Each monthly installment of minimum net rental will be paid in advance without any setoffs or deductions, on the first day of each and every month (the "Rent Day") during the Term, at the office of the Landlord at the address first shown above, or at such other place as Landlord from time to time may designate in writing. In the event the Commencement Date is other than the first day of a calendar month, the rental for the partial first calendar month of the Term will be prorated accordingly.
THE BASE RENT. (a) Tenant shall pay Base Rent for the Premises in the amounts shown in paragraph 7 of the Lease Preamble. All installments of Base Rent are payable as described in paragraph 7 of the Lease Preamble in advance on the first day of each calendar month during the Term as described in paragraph 7 of the Lease Preamble, together with any monthly installments of estimated Tax Rent, Operating Expense Rent, and Capital Expense Rent (collectively "Total Monthly Rent"). If the Commencement Date is not the first day of the calendar month, or the Expiration Date is not the last day of the calendar month, the Total Monthly Rent shall be prorated based on a thirty (30) day month.
THE BASE RENT and any additional fees or charges under this Lease Agreement, will be referred to and treated as Rent (“Rent Installment(s)”). The total Rent due for the term of this lease is [$] per month or [$] in total.
THE BASE RENT. Base Rent is to be paid via check, by Accounts Payable, against your required purchase order. The PO amount should be your base rent (only) times 12 months. For most leases, the purchase order will be issued to ▇▇▇▇▇ Fargo Leasing* and payments will be made to them. (*There are a few exceptions, where the billing contract was made payable to Ricoh.)