Base Monthly Rent definition

Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

Base Monthly Rent means the following: Period: Base Monthly Rent: 4/1/11 – 3/31/12 $0 4/1/12 – 3/31/13 $124,000.00 4/1/13 – 9/30/13 $128,000.00 10/1/13 – 6/30/14 $0 7/1/14 – 12/31/14 $235,630.72 1/1/15 – 12/31/15 $243,027.20 1/1/16 – 12/31/16 $250,423.68 1/1/17 – 12/31/17 $257,820.16 1/1/18 – 3/31/18 $265,216.64

Base Monthly Rent means the following: Month Base Monthly Rent 01-12 $ 52,975.00 13-24 $ 54,034.50 25-36 $ 55,115.19 37-48 $ 56,217.49 49-60 $ 57,341.84 61-72 $ 58,488.68 73-84 $ 59,658.45 85-96 $ 60,851.62 Use: Office, research and development (including engineering labs) Tenant’s Proportionate Share: 100%

Examples of Base Monthly Rent in a sentence

• Landlord shall not require automatic debiting of Tenant’s account unless Tenant shall have been delinquent on payment of Base Monthly Rent at least twice in any twelve (12) month period.

• The first Base Monthly Rent payment shall be due on the Commencement Date of this Lease.

• Any holding over after the expiration of the Term (as it may be extended) with or without Landlord’s consent shall be construed to be a tenancy from month to month at the same Base Monthly Rent in effect immediately prior to the expiration of the Term, and otherwise on the same terms and conditions hereof.

• The rental rate under this Agreement shall at no time be less than the Base Monthly Rent.

• Landlord may require automatic monthly debiting of Tenant’s account for Base Monthly Rent and for one- twelfth (1/12) of the estimated annual real estate taxes.

More Definitions of Base Monthly Rent

Base Monthly Rent. The term "Base Monthly Rent" shall mean the following: Period Monthly Amount ------ -------------- 8/1/01-7/31/02 $327,888.58 At the end of the 12th month after the actual Lease Commencement Date and at the end of each 12 month period thereafter (until the Lease Expiration Date), Base Monthly Rent shall be increased at a rate of 3.5% per annum compounded annually.

Base Monthly Rent means the rental specified in Article 4 of this Lease.

Base Monthly Rent means the following: Period Base Monthly Rent Months 1-36 $983,736.60 Months 37-48 $1,005,373.48 Months 49-60 $1,025,038.99 Months 61-72 $1,045,097.82 Months 73-84 $1,065,557.82 Months 85-96 $1,086,427.02 Months 97-108 $1,107,713.60 Months 109-120 $1,129,425.92 Months 121-124 $1,151,572.48

Base Monthly Rent means the following: Period Base Monthly Rent per Rentable Square Foot Months 1-12 $2.812 Commencing with Month 13 of the Lease Term and at the end of each 12 month period thereafter (until the Lease Expiration Date), Base Monthly Rent shall be increased at a rate of 3.5% per annum compounded annually.

Base Monthly Rent. The term "Base Monthly Rent" shall mean the following amounts: (a) $0 per rentable square foot per month from the Delivery Date until April 1, 2003; and (b) $2.50 per rentable square foot per month thereafter during the first Lease Year; (c) at the end of the each Lease Year, Base Monthly Rent shall be increased for the ensuing Lease Year by 3% per annum compounded annually.

Base Monthly Rent. The term "Base Monthly Rent" shall mean the following:

Base Monthly Rent means the following: