Base Monthly Rental means an amount equal to 1/12 of the Base Annual Rental.
Base Monthly Rental means, for any month, an amount equal to 1/12 of the applicable Base Annual Rental for the period in which such month falls.
Examples of Base Monthly Rental in a sentence
In addition to Base Annual Rental and Base Monthly Rental, Tenant shall pay and discharge all sums of money required to be paid or reimbursed by Tenant under this Lease to Landlord, to any party on behalf of Landlord, to any third party or to any Indemnified Party (the obligations described in this sentence are referred to collectively as the “Monetary Obligations”).
More Definitions of Base Monthly Rental
Base Monthly Rental means, for any month, an amount equal to 1/12 of the applicable Base Annual Rental for the period in which such month
Base Monthly Rental means an amount equal to 1/12 of the applicable Base Annual
Base Monthly Rental means the amount stated in the Basic Lease Information, payable in accordance with Article 7.
Base Monthly Rental means the monthly rental amount specified in the Office Lease Basic Information, subject to adjustments as provided herein.
Base Monthly Rental means an amount equal to (i) the product of (a) [***] percent ([***]%) and (b) the sum of the Aggregate Disbursements disbursed as of the date of such calculation of Base Monthly Rental plus an amount equal to the Construction Allowance funds that will be allocable pursuant to the provisions of this Lease to the payment of all invoices or requests for payment relating to the Construction Allowance Costs which have been received by Landlord or Tenant but which are not yet paid as of the date of such calculation of Base Monthly Rental (the “Pending Disbursements”); (ii) divided by twelve (12), subject to adjustments pursuant to Sections 3.2, 3.3 and 36.2 below. Except for as explicitly provided in Section 3.2.2, when calculating Base Monthly Rental, all Disbursements made by Landlord during a given month, including Disbursements made following the Base Monthly Rent Commencement Date, are treated to have occurred on the last calendar day of the month. From and after the Base Monthly Rent Commencement Date through the date the Building Improvements will be deemed Complete pursuant to Section 8 of the Work Letter (the “Punchlist Sign-off Date”), Tenant shall pay Base Monthly Rental as calculated pursuant to this Section 3.1.1, with true-ups as provided in Section 3.2.2.
Base Monthly Rental means the Base Monthly Rental set forth in subparagraph 4A above. The rent adjustment formula used to calculate the Adjusted Monthly Rental is as follows: Adjusted Monthly = Revised Price Index X Base Monthly Rental Rental Base Price Index The Adjusted Monthly Rental as hereinabove provided shall continue to be payable monthly as required in paragraph 4A above without necessity of any further notice by the Landlord to the Tenant.
Base Monthly Rental. The Base Annual Rental shall be payable in equal -------------------- monthly installments ("Base Monthly Rental"), in advance, without any set-offs or deductions (except as expressly permitted under this Lease), on the first day of each month (the "Rent Day") during the Term of this Lease at the mailing address shown in Paragraph I of the Summary, or at such other place as Landlord from time to time may designate in writing. In the event the Commencement Date is other than the first day of the calendar month, the rental for the first and last partial months shall be prorated based on the actual number of days of such months included within the Lease Term and based upon the amount of the Base Monthly Rental.