Common use of Time for Payment Clause in Contracts

Time for Payment. Full monthly Rent is due in advance on the first day of each calendar month. In the event that the Term of this Lease commences on a date other than the first day of a calendar month, on the date of commencement of the Term hereof Tenant shall pay to Landlord as Rent for the period from such date of commencement to the first day of the next succeeding calendar month that proportion of the monthly Rent hereunder for the number of days between such date of commencement and the first day of the next succeeding calendar month. In the event that the Term of this Lease for any reason ends on a date other than the last day of a calendar month, on the first day of the last calendar month of the Term hereof Tenant shall pay to Landlord as Rent for the period from said first day of said last calendar month to and including the last day of the Term hereof that proportion of the monthly Rent hereunder for the number of days between said first day of said last calendar month and the last day of the Term hereof.

Appears in 12 contracts

Samples: Lease Agreement (Genitope Corp), Lease Agreement (Beceem Communications Inc), Lease Agreement (Sonics, Inc.)

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Time for Payment. Full monthly Rent is due in advance on the first day of each calendar month. In the event that the Term of this Lease commences on a date other than the first day of a calendar month, on the date of commencement of the Term hereof Tenant shall pay to Landlord as Rent for the period from such date of commencement to the first day of the next succeeding calendar month that proportion of the monthly Rent hereunder for the number of days between such date of commencement and the first day of the next succeeding calendar month. In the event that the Term of this Lease for any reason ends on a date other than the last day of a calendar month, on the first day of the last calendar month of the Term hereof Tenant shall pay to Landlord as Rent for the period from said first day of said last calendar month to and including the last day of the Term hereof that proportion of the monthly Rent hereunder for the number of days between said first day of said last calendar month and the last day of the Term hereof.. Initial: [Illegible] Multi Tenant/Single Parcel Page 3 of 30 BUILDING: Potrero 1 PROPERTY: 01-0034 UNIT: 1 LEASE ID: 0034-RUCK01-01

Appears in 1 contract

Samples: Lease Agreement (Ruckus Wireless Inc)

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Time for Payment. Full monthly Basic Rent is due in advance on the first day of each calendar month. In the event that the Term term of this Lease commences on a date other than the first day of a calendar month, on then an the date of commencement of the Term hereof such term Tenant shall pay to Landlord as Basic Rent for the period from such date of commencement to the first day of the next succeeding calendar month that proportion of the monthly first month's Basic Rent due hereunder for which the number of days between such date of commencement and the first day of the next succeeding calendar monthmonth bears to thirty (30). In the event that the Term term of this Lease for any reason ends on a date other than the last day of a calendar month, month then on the first day of the last partial calendar month of the Term hereof such term Tenant shall pay to Landlord as Basic Rent for the period from said first day of said last partial calendar month to and including the last day of the Term term hereof that proportion of the monthly Basic Rent then due hereunder for which the number of days between said first day of said last partial calendar month and the last day of the Term hereofterm hereof bears to thirty (30).

Appears in 1 contract

Samples: Lease Agreement (Aspec Technology Inc)

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