Examples of Sublease Year in a sentence
This rental rate is referred to as the “Annual Rent” and is subject to increase for each subsequent Sublease Year as provided herein.
Each successive Sublease Year shall mean the twelve (12) full calendar months occurring thereafter, provided that the last Sublease Year shall end on the Termination Date.
From and after October 1, 2024, to the expiration or earlier termination of this Sublease, SUBTENANT shall pay monthly, in advance, the following sums: for the first Sublease Year, the yearly rental shall be THREE HUNDRED THIRTY FIVE THOUSAND DOLLARS ($335,000.00) to be paid in twelve equal monthly installments commencing on the Commencement Date and continuing thereafter as provided herein.
The first Sublease Year shall commence on the Sublease Commencement Date and shall end on the date that is the last day of the 12th full calendar month thereafter.