Base Monthly Rental definition

Base Monthly Rental means an amount equal to 1/12 of the applicable Base Annual Rental.

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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 Rental. “Business Day” means a day on which banks located in Scottsdale, Arizona are not required or authorized to remain closed. “Casualty” means any loss of or damage to any property included within or related to the Properties or arising from an adjoining property caused by an Act of God, fire, flood or other catastrophe. “Code” means the Internal Revenue Code of 1986, as the same may be amended from time to time. “Condemnation” means a Taking and/or a Requisition. “Consent Order” means that certain Consent Order and Agreement with the Commonwealth of Pennsylvania, Department of Environmental Protection concerning the remediation and reuse of some or all of the Property located in Munhall, PA. “Costs” means all reasonable costs and expenses incurred by a Person, including, without limitation, reasonable attorneys’ fees and expenses, court costs, expert witness fees, costs of tests and analyses, travel and accommodation expenses, deposition and trial

Examples of Base Monthly Rental in a sentence

Base Monthly Rental and impound payments, if any, due to Lessor from Lessee shall be paid to Lessor (at its election from time to time) in one of the following manners: (a) by electronic deposit into an account designated by Lessor, (b) by mail at Lessor’s address set forth in Section 28, or (c) by mail to any other place in the United States designated by Lessor upon at least thirty (30) days’ prior written notice to Lessee.
Lessee shall pay the Base Monthly Rental and Additional Rental as and when due under this Lease and shall perform all of its other obligations under this Lease during any period in which Lessee discontinues operations in whole or in part.
If the Effective Date is a date other than the first (1st) day of the month, Lessee shall pay Lessor on the Effective Date the Base Monthly Rental prorated on the basis of the ratio that the number of days from the Effective Date through the last day in the month containing the Effective Date bears to the number of days in such month.
Thereafter, on or before the first (1st) day of each succeeding calendar month, Lessee shall pay Lessor in advance the Base Monthly Rental.

More Definitions of Base Monthly Rental

Base Monthly Rental means the amount stated in the Basic Lease Information, payable in accordance with Article 7.

Base Monthly Rental means an amount equal to l/12 of the Base Annual Rental, subject to the Rent Adjustment as set forth below.

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 1/12 of the applicable Base Annual Rental. “BSA” means the Bank Secrecy Act (31 U.S.C. § § 5311 et seq.), and its implementing regulations, Title 31 Part 103 of the U.S. Code of Federal Regulations.

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. 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.

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.