Annual Fixed Rent definition

Annual Fixed Rent. See Exhibit A, and Section 3.1.
Annual Fixed Rent for any partial month shall be paid by Tenant to Landlord at such rate on a pro rata basis, and, if the Commencement Date is a day other than the first day of a calendar month, the first payment which Tenant shall make to Landlord shall be a payment equal to a proportionate part of such monthly Annual Fixed Rent for the partial month from the Commencement Date to the first day of the succeeding calendar month. Other charges payable by Tenant on a monthly basis, as hereinafter provided, likewise shall be prorated, and the first payment on account thereof shall be determined in similar fashion but shall commence on the Commencement Date; and other provisions of this Lease calling for monthly payments shall be read as incorporating this undertaking by Tenant. The Annual Fixed Rent and all other charges for which provision is herein made shall be paid by Tenant to Landlord, without offset, deduction or abatement except as otherwise specifically set forth in this Lease.
Annual Fixed Rent for the first year of the Initial Term shall be the sum of eighty one thousand dollars ($81,000) per year, or six thousand seven hundred fifty dollars ($6,750) per month.

Examples of Annual Fixed Rent in a sentence

  • Presentation of legitimate interest: ensuring the lawful taking over of the prize to the proxy.

  • Further, the acceptance by Landlord of Annual Fixed Rent, Additional Rent or any other charges paid by Tenant under this Lease shall not be or be deemed to be a waiver by Landlord of any default by Tenant, whether or not Landlord knows of such default, except for such defaults as to which such payment relates.

  • Tenant shall perform promptly all of the obligations of Tenant set forth in this Lease; and pay when due the Annual Fixed Rent and Additional Rent and all other amounts which by the terms of this Lease are to be paid by Tenant.

  • The receipt by the Landlord of Annual Fixed Rent or Additional Rent with knowledge of the breach of any covenant of this Lease shall not be deemed a waiver of such breach.

  • Any balance shown as due to Tenant shall be credited against Annual Fixed Rent next due, or refunded to Tenant if the Lease Term has then expired and Tenant has no further obligation to Landlord.


More Definitions of Annual Fixed Rent

Annual Fixed Rent. RATE : Year 1-5 $75,000.00 6-10 $82,500.00 11-15 $90,750.00 16-20 $99,825.00 INSURANCE LIMITS : $2,000,000 Single Action $4,000,000 Aggregate 1/16/98
Annual Fixed Rent. See Exhibit A and Section 3.1.
Annual Fixed Rent for the first year of the Initial Term shall be the sum of One Hundred Seventy Four Thousand ($ 174,000) Dollars per year or Fourteen Thousand Five Hundred ($14,500) per month.
Annual Fixed Rent. See Exhibit B. Additional Rent: See Article V. Broker(s) None. Exhibits Schedule 9.10 Letter of Credit Requirements
Annual Fixed Rent. The sum of (i) for the period commencing on the Rent Commencement Date and expiring on the day preceding the first anniversary of the Rent Commencement Date, $16.29 per square foot of Premises Rentable Area, (ii) for the period commencing on the first anniversary of the Rent Commencement Date and expiring on the day preceding the second anniversary of the Rent Commencement Date, $19.55 per square foot of Premises Rentable Area, (iii) for the period commencing on the second anniversary of the Rent Commencement Date and expiring on the day preceding the fifth anniversary of the Rent Commencement Date, $25.00 per square foot of Premises Rentable Area per annum, and (iv) for the remaining two (2) years of the Original Term, $27.50 per square foot of Premises Rentable Area per annum. The first Year shall be the period commencing on the Rent Commencement Date and expiring on the day preceding the first anniversary of the Rent Commencement Date, and each subsequent twelve-month period shall be a subsequent Year.
Annual Fixed Rent means the annual fixed rent payable hereunder, which shall be the following:
Annual Fixed Rent. See Section 3.1.