Annual Basic Rental definition

Annual Basic Rental means an amount equal to the product of the following applicable figure multiplied by Tenant's Floor Area (subject to adjustment as provided in Section 5.1.): Rental Years 1 - 2: $20.00 Rental Years 3 - 12: $30.00 Rental Years 13 - 15: $35.00
Annual Basic Rental means the sum of $ 15.00 per square foot multiplied by the number of square feet in the floor area of the premises, which shall be subject to the proration as provided in this Agreement. $ 15.00 x 1500 sq. feet = $ 22,500.00 for the first year or $ 1875.00 per month. The annual basic rental shall increase each annual anniversary date on the basis of the Consumer Price Index for all Urban Consumers, New York, New York-Northeastern New Jersey, all items (Index average for all items was 100 in 1967) issued by the Bureau of Labor Statistics for the United State Department of Labor or by a *SEE BASIC LEASE PROVISION increase over the previous year's base rental, whichever is greater.
Annual Basic Rental means a sum equal to the product of the following applicable figure multiplied in each case by the number of square feet contained in Tenant's Floor Area. RENTAL YEARS 1-2 $16.00 RENTAL YEAR 3 $17.00 RENTAL YEARS 4-5 $18.00

Examples of Annual Basic Rental in a sentence

  • Client shall not be liable for Annual Basic Rental with respect to the Expansion Premises until Landlord delivers possession of the Expansion Premises to Client.

  • Any Additional Rental which shall become due shall be payable, unless otherwise expressly provided herein, shall be paid with the next monthly installment of Annual Basic Rental.

  • Landlord shall make such repairs and alterations as may be necessary in order to restore the part not taken to useful condition and the Annual Basic Rental shall be reduced proportionately as to the portion of the Premises so taken.

  • Time and form of payment – Same as the normal retirement benefit.

  • Client shall not be liable for Annual Basic Rental with respect to the Suite 410 Expansion Premises until Landlord delivers possession of the Suite 410 Expansion Premises to Client.


More Definitions of Annual Basic Rental

Annual Basic Rental. Tenant shall pay in advance on the first day of each month beginning on the Commencement Date base rent in accordance with the following schedule: Commencement Date thru 3/31/98: $12,044.38 per month 4/1/98 thru 3/31/99: $13,248.21 per month 4/1/99 thru 3/31/00: $14,570.25 per month 4/1/00 thru 3/31/02: $17,481.55 per month 4/1/02 thru 3/31/07: $20,991.63 per month
Annual Basic Rental shall be the amounts set forth below for the applicable period, as follows: Rent Free Months: $0.00.
Annual Basic Rental. Two Hundred Ten Thousand Eight Hundred Fifty and No/100 Dollars ($210,850.00) per year, payable in twelve (12) equal monthly installments of Seventeen Thousand Five Hundred Seventy and 83/100 Dollars ($17,570.83).
Annual Basic Rental shall, for each Rental Year, be the amount of set forth below: Rental Year Annual Basic Rental Monthly Installment 1 $ 740,753.00 $ 61,729.42 2 $ 757,419.94 $ 63,118.33 3 $ 774,461.89 $ 64,538.49 4 $ 791,887.28 $ 65,990.61 5 $ 809,704.74 $ 67,475.40 6 $ 827,923.10 $ 68,993.59 7 $ 846,551.37 $ 70,545.95 8 $ 865,598.78 $ 72,133.23 9 $ 885,074.75 $ 73,756.23 10 $ 904,988.93 $ 75,415.74 11 $ 925,351.18 $ 77,112.60 12 $ 946,171.58 $ 78,847.63 13 $ 967,460.44 $ 80,621.70 14 $ 989,228.30 $ 82,435.69 15 $ 1,011,485.94 $ 84,290.50 16 $ 1,034,244.37 $ 86,187.03 17 $ 1,057,514.87 $ 88,126.24 18 $ 1,081,308.95 $ 90,109.08 19 $ 1,105,638.40 $ 92,136.53 20 $ 1,130,515.26 $ 94,209.61 21 $ 1,155,951.85 $ 96,329.32 22 $ 1,181,960.77 $ 98,496.73 23 $ 1,208,554.89 $ 100,712.91 24 $ 1,235,747.38 $ 102,978.95 25 $ 1,263,551.70 $ 105,295.98 26 $ 1,291,981.61 $ 107,665.13 27 $ 1,321,051.20 $ 110,087.60 28 $ 1,350,774.85 $ 112,564.57 29 $ 1,381,167.28 $ 115,097.27 30 $ 1,412,243.54 $ 117,686.96 31 $ 1,444,019.02 $ 120,334.92 32 $ 1,476,509.45 $ 123,042.45 33 $ 1,509,730.91 $ 125,810.91 34 $ 1,543,699.86 $ 128,641.66 35 $ 1,578,433.11 $ 131,536.09 36 $ 1,613,947.85 $ 134,495.65 37 $ 1,650,261.68 $ 137,521.81 38 $ 1,687,392.57 $ 140,616.05 39 $ 1,725,358.90 $ 143,779.91 40 $ 1,764,179.48 $ 147,014.96 Additionally, Annual Basic Rental, shall for the first ten Rental Years, be subject to increase as provided for in Section 7.1(d). If Tenant elects to receive the Reduced Allowance, rather than the Allowance, pursuant to Section 7.1(c), then the Annual Basic Rental shall, for each Rental Year, be the amount of set forth below: Rental Year Annual Basic Rental Monthly Installment 1 $ 563,000.00 $ 46,916.67 2 $ 575,667.50 $ 47,972.29 3 $ 588,620.02 $ 49,051.67 4 $ 601,863.97 $ 50,155.33 5 $ 615,405.91 $ 51,283.83 6 $ 629,252.54 $ 52,437.71 7 $ 643,410.72 $ 53,617.56 8 $ 657,887.46 $ 54,823.96 9 $ 672,689.93 $ 56,057.49 10 $ 687,825.46 $ 57,318.79 11 $ 703,301.53 $ 58,608.46 12 $ 719,125.81 $ 59,927.15 13 $ 735,306.14 $ 61,275.51 14 $ 751,850.53 $ 62,654.21 15 $ 768,767.17 $ 64,063.93 16 $ 786,064.43 $ 65,505.37 17 $ 803,750.88 $ 66,979.24 18 $ 821,835.28 $ 68,486.27 19 $ 840,326.57 $ 70,027.21 20 $ 859,233.92 $ 71,602.83 21 $ 878,566.68 $ 73,213.89 22 $ 898,334.43 $ 74,861.20 23 $ 918,546.95 $ 76,545.58 24 $ 939,214.26 $ 78,267.86 25 $ 960,346.58 $ 80,028.88 26 $ 981,954.38 $ 81,829.53 27 $ 1,004,048.35 $ 83,670.70 28 $ 1,026,639.44 $ 85,553.29 29 $ 1,049,738.83 $ 87,478.24 30 $ 1,073,357...
Annual Basic Rental has the meaning ascribed to it in Section 2.8(a). “Approval” has the meaning ascribed to it in Section 3.4.1.
Annual Basic Rental means an amount equal to the product of the following applicable figure multiplied by Tenant's Floor Area (subject to adjustment as provided in Section 5.1.):
Annual Basic Rental means the then current annual basic rental due from the Developer to the CRA.