Examples of Fixed Rent Commencement Date in a sentence
Failure by either party to request or to execute, acknowledge or deliver any such memorandum or agreement, however, shall not affect the determination of the Commencement Date, the Fixed Rent Commencement Date or any Renewal Term Commencement Date, as the case may be.
If the Fixed Rent Commencement Date occurs on a day other than the first day of a calendar month, the Fixed Rent for such partial calendar month shall be prorated on a per diem basis and paid on the Fixed Rent Commencement Date.
If Landlord fails to give Tenant possession of the Premises on any specific date, Landlord shall have no liability to Tenant and this lease shall remain in full force and effect according to its terms, but the Term and the Rent shall not commence until the Commencement Date (or, with respect to the Fixed Rent, the Fixed Rent Commencement Date, if applicable).
According to the amended provisions of the Act on the Bank Guarantee Fund, the amount of the prudential fee is equal to the product of a rate not exceeding 0.2% and a calculation base defined as 12.5 times the sum of capital requirements for various risk types and capital requirements on account of exceeding limits and violating other norms set forth in the Banking Law.
If the Fixed Rent Commencement Date is not the first day of a month, the Fixed Rent for the month in which the Fixed Rent Commencement Date occurs shall be apportioned according to the number of days in that month.
The Fixed Rent shall be paid in equal monthly installments, in advance, on the first day of each calendar month during the Term, except that (a) Tenant shall not pay the Fixed Rent (other than the Electricity Factor, if applicable) until the Fixed Rent Commencement Date, if any, and (b) on the signing and delivery of this lease by Tenant, Tenant shall pay Landlord one full monthly installment of the Fixed Rent, to be applied to the first full monthly installment of the Fixed Rent due under this lease.
Year Rent per RSF Annual Fixed Rent Monthly Fixed Rent ---- ------------ ----------------- ------------------ 1 $18.00 $40,770.00 $3,397.50 2 $18.50 $41,902.50 $3,491.88 3 $19.00 $43,035.00 $3,586.25 (For the purposes of Rent calculations, Year 1 shall begin on the Fixed Rent Commencement Date).
During any period from the Commencement Date to the Annual Fixed Rent Commencement Date with respect to any First Floor Premises, Tenant will pay Landlord, in lieu of Annual Fixed Rent and Additional Rent pursuant to Sections 3.2 and 3.3, the cost of cleaning the First Floor Premises and furnishing any utility services thereto.
Tenant shall pay the Fixed Rent in equal monthly installments in advance on the first day of each and every calendar month during the Term commencing on the Fixed Rent Commencement Date (except that Tenant shall pay, upon the execution and delivery of this Lease by Tenant, the Advance Rent, to be applied against the first installment or installments of Fixed Rent becoming due under this Lease).
Tenant shall deliver written notice (a “Surrender Notice”) of such Partial Termination to Landlord, by not later than the seventh (7th) anniversary of the Fixed Rent Commencement Date, and Tenant shall pay to Landlord, without deduction or offset, the Surrender Fee.