Examples of Total Base Rent in a sentence
In this case, the balance of the lease Total Base Rent will be immediately due and payable.
It is expressly understood that Tenant is obligated to pay the Total Base Rent regardless of whether Tenant is unable for any reason to continue occupying the Premises for the entire Lease Term.
If Tenant shall abandon the Premises, or quit and vacate the Premises voluntarily or involuntarily, the same may be relet by the Landlord for such rent and upon such terms as the Landlord in its discretion may deem reasonable and advantageous; and, in the event of such reletting, the Tenant shall be and remain liable for any deficiency in Total Base Rent, expenses incident to such reletting, and any damages which the Landlord may sustain by virtue of the Tenant’s abandonment.
The Total Base Rent shall be the total sum paid by the Owner for the Project in the form of Lease Payments under the Facilities Lease.
The total of all work item costs shall equal the Total Base Rent.