From and After definition
From and After. Until and Including: Annual Base Rent: --------------- ------------------- ---------------- The first day of the The last day of the third $8.93 per rentable third Lease Year Lease Year square foot (for initial 54,451 s.f., plus the 10,549 s.f. of the Expansion Space, as and when added, subject to reduction per Ex. E) (for 65,000 s.f., subject to reduction, per Ex. E or reduction (on a pro rata basis) by reason of termination of the Expansion Space, per Sec. 1): ----------- The first day of the The last day of the fourth $644,220 fourth Lease Year Lease Year The first day of the The last day of the fifth $644,220 fifth Lease Year Lease Year The first day of the The last day of the sixth $644,220 sixth Lease Year Lease Year The first day of the The last day of the seventh $682,872 seventh Lease Year Lease Year The first day of the The last day of the eighth $682,872 eighth Lease Year Lease Year The first day of the The last day of the ninth $682,872 ninth Lease Year Lease Year In addition to the foregoing Base Rent, TENANT will pay rent, in accordance with Section 5 of this Lease, for any storage space leased pursuant thereto. However, in calculating the per square foot Base Rent for purposes of Section 1 or Section 36, the parties will consider only the Leased Premises (and the Base Rent payable thereon), exclusive of the storage space added pursuant to Section 5 (and the Base Rent payable thereon). TENANT shall pay annual Gross Rent or annual Base Rent, as applicable, to LANDLORD, or to any other entity designated by LANDLORD, without further notice, in equal monthly installments, subject to proration in the case of the first and last months of the Lease term on the first business day of each month during the full term hereof. Rent for partial calendar months during the Lease term will be prorated on a per diem basis. See Section 7 for TENANT's Additional Rent obligations. TENANT's obligation to pay Gross Base, Base Rent and Additional Rent is unconditional and independent of any other provision of this Lease. TENANT agrees not to withhold Gross Base, Base Rent or Additional Rent for any reason, except as specifically provided by this Lease. The first month's Gross Rent will be paid by TENANT to LANDLORD as soon as the contingency set forth in Exhibit "E" below is satisfied.