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. The term“Base Monthly Rent” shall mean 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%
Base Monthly Rent means 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.

Examples of Base Monthly Rent in a sentence

  • During the first two (2) years of the Initial Term, Lessee shall pay a reduced Base Monthly Rent as provided in the schedule set forth in Section 1.4 hereof (such period of reduced rent payment, the “Rent Abatement Period”).

  • Commencing on the Term Commencement Date, Xxxxxx agrees to pay to Lessor as rent during the Initial Term the Base Monthly Rent set forth in Section 1.4, subject to adjustment as set forth in Section 1.4, in addition to all applicable Leasehold Excise Taxes (the Base Monthly Rent and applicable Leasehold Excise Taxes are collectively referred to herein as the “Rent”).


More Definitions of Base Monthly Rent

Base Monthly Rent. The term "Base Monthly Rent" shall mean the following: Period Base Monthly Rent ------ ----------------- 12/27/01 - 12/26/04 $140,727.30 12/27/04 - 12/26/09 $153,953.55 12/27/09 - 12/26/11 $160,302.15
Base Monthly Rent. Base Monthly Rent" means the rental specified in Article 4 of this Lease.
Base Monthly Rent means the following: January 1, 2015 through March 31, 2015 No Base Monthly Rent April 1, 2015 through December 31, 2015 $61,454.00 January 1, 2016 through December 31, 2016 $61,454.00 January 1, 2017 through December 31, 2017 $63,300.00 January 1, 2018 through December 31, 2018 $65,200.00 January 1, 2019 through December 31, 2019 $67,200.00 January 1, 2020 through December 31, 2020 $69,200.00 January 1, 2021 through December 31, 2021 $71,250.00 January 1, 2022 through March 31, 2022 $73,380.00
Base Monthly Rent means 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:
Base Monthly Rent. The term "Base Monthly Rent" shall mean the following: Period Base Monthly Rent Commencement Date to the Rent Commencement Date $0.00 Rent Commencement Date to the first anniversary of the Commencement Date $6,373.04 First anniversary of the Commencement Date to the second anniversary of the Commencement Date $17,580.80 Second anniversary of the Commencement Date to the third anniversary of the Commencement Date $19,778.40 Extension Option Fair Market Rent as determined pursuant to Section 2.8 of the Lease