Common use of When Due and Payable Clause in Contracts

When Due and Payable. 2.3.1. The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such Lease Year; provided, that the installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall be due and payable on the Commencement Date.

Appears in 2 contracts

Samples: Lease Agreement, Subordination Agreement (Pc Connection Inc)

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When Due and Payable. 2.3.1. The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such Lease Year; provided, provided that the installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall be due and payable on upon the Commencement Datefull execution and delivery of this Lease.

Appears in 1 contract

Samples: Agreement of Lease (Lionbridge Technologies Inc /De/)

When Due and Payable. 2.3.1. The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such Lease Yearthe Term; provided, provided that the installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall be due and payable on upon the Commencement Datefull execution and delivery of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Cartesian Therapeutics, Inc.)

When Due and Payable. 2.3.1. (a) The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such Lease Year; provided, that the installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall be due and payable on the Commencement Datefull execution and delivery of this Lease.

Appears in 1 contract

Samples: Agreement of Lease (Deltek Systems Corp)

When Due and Payable. 2.3.1. (a) The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such with Lease Year; provided, provided that the installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall be due and payable on the Commencement Datefull execution and delivery of this Lease.

Appears in 1 contract

Samples: Salem Community Bankshares Inc

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When Due and Payable. 2.3.1. The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1st) day of each calendar month during such Lease Year; provided, that the first monthly installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall will be due and payable on the Commencement Dateupon lease execution.

Appears in 1 contract

Samples: Deed of Lease Agreement (Fuisz Technologies LTD)

When Due and Payable. 2.3.1. The Base Rent for any Lease Year shall be due and payable in twelve (12) consecutive, equal monthly installments, in advance, on the first (1stlst) day of each calendar month during such Lease Year; provided, that the first monthly installment of the Base Rent payable for the first full calendar month of the Term (and, if the Term commences on a day other than the first (1st) day of a calendar month, that portion of the Base Rent which is payable for such month) shall will be due and payable on the Commencement Dateupon lease execution.

Appears in 1 contract

Samples: Deed of Lease Agreement (Litronic Inc)

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