Annual Fixed Rent Rate definition

Annual Fixed Rent Rate shall be as defined in Section 1.1.
Annual Fixed Rent Rate. Effective DateFebruary 28, 2018: $552,996.00 March 1,2018 — February 28, 2019: $879,180.00 March 1, 2019 — February 29, 2020: $909,492.00 March 1, 2020 — February 28, 2021: $939,816.00 March 1, 2021 — February 28, 2022: $970,128.00 March 1, 2022 — February 28, 2023: $1,000,440.00 March 1, 2023 — April 30, 2024: $1,030,764.00”
Annual Fixed Rent Rate. During the original Term, for the five years commencing on the Commencement Date, Thirty-Seven and 79/100 Dollars ($37.79) per

Examples of Annual Fixed Rent Rate in a sentence

  • He expressed his views on cocoa breeding in 1972 as "The effect of mating type, heterosis and population structure" in an FAO publication.

  • All of the terms, covenants and provisions of this Lease shall apply to the Extended Term except that the Annual Fixed Rent Rate for such extension period shall be the fair market rate for comparable buildings in the Burlington area (the “Market Rate”) at the commencement of the Extended Term, as designated by Landlord.

  • In any event, the Annual Fixed Rent Rate for the Extended Term shall not be less than the Annual Fixed Rent Rate in effect immediately prior to the Extended Term.

  • All of the terms, covenants and provisions of this Lease shall apply to such Extension Term, except that (x) the Annual Fixed Rent Rate for the Extension Term shall be the Fair Rental Value of the Premises at the commencement of such Extension Term, as determined pursuant to this Section 2.3 and (y) Landlord shall have no obligation to make any alterations or improvements to the Premises, or to provide any allowances, inducements or other payments of any kind to Tenant in connection therewith.

  • The Annual Fixed Rent for the Premises shall be payable in equal installments equal to 1/12th of the product of the Annual Fixed Rent Rate multiplied by the rentable floor area of the Premises from time to time, in advance on the first day of each calendar month included in the Term from and after the Rent Commencement Date; and for any portion of a calendar month at the beginning or end of the Term, at the proportionate rate payable for such portion, in advance.


More Definitions of Annual Fixed Rent Rate

Annual Fixed Rent Rate. $331,368 payable in equal monthly installments on the first day of each month in the amount of $27,614.
Annual Fixed Rent Rate. The sum of :
Annual Fixed Rent Rate. Annual Fixed Rent will be paid at the following Net rental rate for each corresponding lease year as set forth below: Years 1-5 103,538 sq. ft. x $13.00, or $1,345,994.00 per year Years 6-10 103,538 sq. ft. x $15.00, or $1,553,070.00 per year Tenant's Pro Rata Share: 72.4 %
Annual Fixed Rent Rate. Floors 1-5: $1,549, 429.44 @ $17.25 per square foot.1 Base Year for Calculating Landlord's Operating Expenses: 1985
Annual Fixed Rent Rate. Commencement Datethe day prior to the Expansion Date: $133,032.00 Expansion Date – Expiration Date: $218,304.00 Monthly Fixed Rent Rate: Commencement Date – the day prior to the Expansion Date: $11,086.00 Expansion Date – Expiration Date: $18,192.00 Security and Restoration Deposit: $50,000.00
Annual Fixed Rent Rate. The Annual Fixed Rent shall be (a) $1,060,825.50 for the period commencing October 1, 1998 and ending September 30, 2001; and (b) $1,086,083.25 for the period commencing October 1, 2001 and ending on September 30,2003."
Annual Fixed Rent Rate. (Annual Fixed Rent Rate continued) Initial Rent Commencement Date – end of the 9th calendar month of Lease Year 1: $1,001,731.68 (calculation based on 30,000 rsf) First Rent Adjustment Dateend of Lease Year 1: $1,168,686.96 (calculation based on 35,000 rsf) Second Rent Adjustment Date – end of 6th month of Lease Year 2: $1,203,747.60 (calculation based on 35,000 rsf) Full Rent Commencement Date - the end of Lease Year 2: $1,600,158.84 (calculation based on 46,526 rsf) Lease Year 3: $1,648,163.64 Lease Year 4: $1,697,608.44 Lease Year 5: $1,748,536.80 Lease Year 6: $1,800,992.88 Lease Year 7: $1,855,022.64 Lease Year 8: $1,910,673.36 Partial Lease Year: $1,967,993.52 Monthly Fixed Rent Rate: Initial Rent Commencement Date – end of the 9th calendar month of Lease Year 1:: $83,477.64 First Rent Adjustment Date – end of Lease Year 1: $97,390.58 Second Rent Adjustment Date – end of the 6th month of Lease Year 2 $100,312.30 Full Rent Commencement Date - end of Lease Year 2: $133,346.57 Lease Year 3: $137,346.97 Lease Year 4: $141,467.37 Lease Year 5: $145,711.40 Lease Year 6: $150,082.24 Lease Year 7: $154,585.22 Lease Year 8: $159,222.78 Partial Lease Year: $163,999.46 Security and Restoration Deposit: [***]