Minimum Monthly Rent. $12,000.00 per month for the first Lease Year, as provided in Article 4. The Minimum Monthly Rent shall be increased on the first day of the second Lease Year and each Lease Year thereafter to be fixed as follows: 4/l/98 - 3/31/99 - $18,585 per month; 4/l/99 - 3/31/2000 - $19,235 per month.
Minimum Monthly Rent means the following amounts as to the following periods during the Term of this Lease: Period Monthly Amount ----------------------------------- -------------------- December 15, 1997 to April 30, 2001 $18,444.00 per month
Minimum Monthly Rent means Twenty-eight Thousand Five Hundred Twenty-five and 00/100ths Dollars ($28,525.00) per month during the Term of this Lease:
Examples of Minimum Monthly Rent in a sentence
The Minimum Monthly Rent shall be an amount equal to one-twelfth (1/12) of the Minimum Annual Rent for the Extension Term and shall be paid at the same time and in the same manner as provided in the Lease.
The Minimum Monthly Rent shall apply from the Rent Commencement Date through the end of the fifth (5th) Lease Year of the Term.
Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand.
Concessionaire shall make payment of Minimum Monthly Rent and other payments to State in lawful money of the United States.
Minimum Monthly Rent for any partial month shall be prorated at the rate of 1/30th of the Minimum Monthly Rent per day.
More Definitions of Minimum Monthly Rent
Minimum Monthly Rent. Minimum Monthly Rent shall be the following amounts for the following periods: Period Minimum Monthly Rent Commencement Date through the twelfth month of the Term* $ 7,537.75 Thirteenth through the twenty fourth month of the Term $ 7,763.88 Twenty fifth month of the Term $ 7,996.80
Minimum Monthly Rent is payable in advance on the first day of each month of the Term at the Rent Payment Address or such other address specified by Landlord. If the Term commences on other than the first day of the month, the Rent for the first partial month shall be prorated accordingly. All Rent is payable in lawful money of the United States.
Minimum Monthly Rent. Minimum Monthly Rent shall be the following amount during the following periods: September 1, 2008 through August 30, 2009 $73,075, subject to partial abatement. See Section 4.2. September 1, 2009 through August 30, 2010 $75,005 September 1, 2010 through August 30, 2011 $78,038 September 1, 2011 through August 30, 2012 $81,071 September 1, 2012 through January 14, 2013 $84,380
Minimum Monthly Rent means the following amounts as to the following periods during the Term of this Lease:
Minimum Monthly Rent. Months Minimum Monthly Rent 1 – 12 $ 23,683.20 13 – 24 $ 24,393.70 25 – 36 $ 25,125.51 37 – 48 $ 25,879.27 49 – 60 $ 26,655.65 The foregoing schedule starts as of the Commencement Date of the Term of this Lease.
Minimum Monthly Rent. The Minimum Monthly Rent shall be as follows: Months Minimum Monthly Rent 1 – 12 $25,402.45 subject to abatement for the Rent Abatement Period as provided below 13 – 24 $26,164.52 25 – 36 $26,949.46 37 $27,757.94 The foregoing schedule starts as of the Commencement Date of the Term of the Lease. Landlord hereby agrees to xxxxx Tenant's obligation to pay Minimum Monthly Rent for the first month of the Term (the "Rent Abatement Period"). Tenant acknowledges that any default by Tenant under this Lease will cause Landlord to incur costs not contemplated hereunder, the exact amount of such costs being extremely difficult and impracticable to ascertain, therefore, should Tenant at any time during the Term be in default after having been given notice and opportunity to cure, then the total unamortized sum of such abated Minimum Monthly Rent for the Rent Abatement Period (amortized on a straight line basis over the initial Term of this Lease) so conditionally excused shall become immediately due and payable by Tenant to Landlord; provided, however, Tenant acknowledges and agrees that nothing in this subparagraph is intended to limit any other remedies available to Landlord at law or in equity under applicable law (including, without limitation, the remedies under Civil Code Section 1951.2 and/or 1951.4 and any successor statutes or similar laws), in the event Tenant defaults under this Lease beyond any applicable notice and cure period.