YIELDING AND PAYING an annual base rent during the Term in the amount of THREE HUNDRED TWENTY-THREE THOUSAND FOUR HUNDRED THIRTY-SEVEN AND 50/100 DOLLARS ($323,437.50) per year ("Annual Base Rent"), payable in equal monthly installments of TWENTY-SIX THOUSAND NINE HUNDRED FIFTY-THREE AND 13/100 DOLLARS ($26,953.13). All such rent shall be payable in advance on the first day of each calendar month during the Term. If the Commencement Date is other than the first day of a calendar month, Annual Base Rent for the first incomplete month, prorated at the rate set forth above, shall be paid on the Commencement Date.
YIELDING AND PAYING therefor yearly and every year during the Term unto the Landlord as Basic Rent for the Premises without set-off, deductions or defalcation whatever in lawful money of Canada:
YIELDING AND PAYING a base rent during each Lease Year of the original Term hereof in the annual amount of the Annual Base Rent.
YIELDING AND PAYING therefor yearly and every year during the Term hereby granted, without any deduction, defalcation or set-off whatsoever, the sum of FORTY- SEVEN THOUSAND, THREE-HUNDRED AND SIXTY DOLLARS ($47,360.00) ---- --------- of lawful money of Canada, to be paid in advance in equal consecutive monthly instalments of THREE THOUSAND, NINE-HUNDRED AND FORTY-SIX DOLLARS AND SIXTY-SEVEN CENTS ($3, 946.67) (payable???) on the first day of each and every month in each year during the term, together with all additional rent hereinafter reserved. If the Term commences on any day other than the first or ends on any day other than the last day of the month, all rents for the fractions of a month at the commencement and expiration of the ........ All payments required to be made by the Tenant under or in respect of this Lease shall be made to the Landlord at the Landlord's office at #510 00 Xxxxxxxx Xx. Xxxxxxx X0X000 xx to such agent or agents of the Landlord or such other place as the Landlord shall hereafter from time to time direct in writing to the Tenant. The Landlord hereby acknowledges receipt from the Tenant of the sum of $86,558.38 be applied (i) on account of all rentals, including all additional rent as herein provided, payable by the Tenant, as security for the due performance by the tenant of all the covenants and obligations on its part herein contained, the Landlord hereby reserving unto itself, at his sole discretion, to apply such sum to any damages resulting from default by the Tenant of any of its covenants and obligations hereto under or towards the payment or reduction of any claim of the Landlord against the Tenant. Any and all sums of money or charges required to be paid by the Tenant under this Lease shall be deemed and paid as additional rent, whether or not the same be designated as "additional rent" hereunder, or whether or not the sums be paid to the Landlord or otherwise, and all such sums shall be payable in lawful money of Canada without any deduction, set-off or balances whatsoever. Any additional rent provided for in this Lease, unless otherwise provided hereto, shall become due with the next installment of the monthly rent. If the Tenant shall fail to pay, when the same is due and payable, any rent or additional rent, such unpaid amount shall accrue interest from the due date thereof to the date of payment at the rate of two percent per month.
YIELDING AND PAYING. THEREFOR yearly and every year during the said term hereby granted, to the Landlord, the sum of $24,000 DOLLARS per annum plus G.S.T., payable in equal monthly instalments of $2,000.00 DOLLARS plus G.S.T. each, in advance on the 1st day of each and every month during the term, commencing on the 1st day of June, 1995 and continuing on the 1st day of each and every month for the term until and including the 1st day of May, 1996 and per diem adjustment if necessary for the first and last month of the Term. The Tenant covenants with the Landlord to pay rent.
YIELDING AND PAYING. THEREFOR during the term unto the Landlord, subject to adjustment as hereinafter provided, in lawful money of Canada, without any prior demand therefor and without any deduction, defalcation or set-off whatsoever the following amounts payable monthly in advance as follows: during the term hereof the annual basic rental of ONE HUNDRED AND FIVE THOUSAND NINE HUNDRED AND THIRTY SEVEN ----- 56/100 ($105,937.56) DOLLARS payable by equal consecutive monthly instalments of EIGHT THOUSAND EIGHT HUNDRED AND TWENTY EIGHT ---- 13/100 ($8,828.13) DOLLARS in advance on the first day of each and every month, the first instalment to be payable as of the commencement date of the term;
YIELDING AND PAYING an annual base rent during the Original Term hereof in the amount of the Original Annual Base Rent. All such rent shall be payable in advance on the first day of each calendar month during the term hereof commencing on the Rent Commencement Date. If the Rent Commencement Date is other than the first day of a calendar month, base rent for the first incomplete month, prorated at the rate set forth above, shall be paid on the Rent Commencement Date.
YIELDING AND PAYING an annual base rent during the Original Term hereof in the mount of One Million One Hundred Thousand Seven Hundred Thirty and 00/100ths (S1,107,730.00) Dollars per annum (the "Annual BASE RENT"). ANNUAL BASE RENT SCHEDULE PERIOD $/PER SF ANNUAL BASE RENT MONTHLY RENT ------ -------- ---------------- ------------ Year 1 $ 6.00 $ 204,504 $17,042.00 Year 2 $ 6.25 $ 213,025 $17,752.08 Year 3 $ 6.50 S 221,546 $18,462.16 Year 4 $ 6.75 $ 230,067 $19,172.25 Year 5 $ 7.00 $ 238,588 $19,882.33 --------- TOTAL .............................$1,107,730
YIELDING AND PAYING from the 15th December 2006 during the period commencing on 15 December 2006 and ending on 31 May 2009 the yearly rent of €138,390 (of which €12,000 is apportioned in respect of the 8 car parking spaces) and thereafter from 1st June 2009 a rent equal to (a) the rent payable hereunder during the preceding period or (b) 48.5% of such revised rent as may from time to time be ascertained in accordance with the provisions in that behalf contained in the First Part of the Fourth Schedule to the Head Lease (whichever shall be the greater) AND the rent in respect of each year of the said term is to be paid by standing order by equal quarterly payments in advance on the 1st day of January, 1st day of April, 1st day of June and 1st day of October in every year without any deduction set-off or counterclaim whatsoever.
YIELDING AND PAYING. THEREFOR unto the Landlord, at the Landlord's office in the City of Toronto, Ontario (or to such other persons at such other places as the Landlord may from time to time in writing designate), subject to adjustment as hereinafter provided, in lawful money of Canada, the annual basic rent of ONE HUNDRED TEN THOUSAND TWO DOLLARS EIGHTY CENTS ($110,002.80) payable without deduction by equal consecutive monthly installments of NINE THOUSAND ONE HUNDRED SIXTY SIX DOLLARS NINETY CENTS ($9,166.90) in advance on the first day of each and every month during the Term. Basis of determining 3.02 The aforesaid annual basic rent is calculated on Rent the basis of the Gross Area of the Leased Premises being 12,644 SQUARE FEET leased at a rate of $8.70 for each square foot of Gross Area for the Term. Apportionment 3.03 Annual basic rent and Common Costs Escalation are of Annual Basic Rent considered to accrue from day to day, and where it and Common Costs becomes necessary to calculate annual basic rent or Escalation Common Costs Escalation for an irregular period of less than twelve calendar months, or an installment of annual basic rent or Common Costs Escalation for a period of less than one calendar month, an appropriate apportionment and adjustment will be made on a per diem basis.
