Free Rent Period. Notwithstanding anything herein to the contrary, no Base Rent or Additional Rent under Section 4(d) herein will be payable for the first three (3) months of the Sublease Term (the “Free Rent Period”), provided, however, Subtenant shall remain liable during such period for Estimated Electricity Usage Charges as provided for in Section 5(a) below.
Free Rent Period. Notwithstanding anything to the contrary contained in this Sublease, Subtenant shall not be required to pay Rent, as defined below, for the first 30-day period following the Commencement Date, said period to be the “Free Rent Period.” ADTRAN Confidential
Free Rent Period. As set forth in subparagraph (A), the Subtenant shall not be required to pay Rental for the Premises for the period beginning on the Commencement Date and ending six (6) months after the Commencement Date; provided, however, that the Subtenant, shall during such abatement period pay any service charges for electric current, and overtime elevator, air-conditioning, heat or other services to the Premises for which Prime Landlord charges Sublandlord under the Prime Lease, except for condenser water charges for the first three (3) months of the Free Rent period, which first three (3) months of condenser water charges shall be paid by Sublandlord. Provided that no default has occurred and is continuing beyond any applicable notice and cure period, Subtenant shall not be required to pay Fixed Rent and Operating Expense Escalation Payments for the Premises during the following four (4) additional months: June 2008, December 2008, June 2009 and December 2009 at the then current Fixed Rent, which specific sums shall be deemed permanently abated and forgiven as of such dates.
Free Rent Period. The first two (2) calendar months of the Expansion Space Basic Rent shall be abated.
Free Rent Period. July 29th, 2013 to October 31st, 2013. Lessee shall only be responsible for its consumption of utilities during the Free Rent period.
Free Rent Period. 13.03(f) Ground Leases..............................................................................................5.01(g) Identified Debt............................................................................................1.05(b) Identified Debt Properties.................................................................................1.05(b) Interests..................................................................................................3.01(a) Landlord Estoppel.............................................................................................7.06 Loans......................................................................................................1.05(b) Loan Properties...............................................................................................7.05 Leases.....................................................................................................5.01(f) LLC Agreement.............................................................................................
Free Rent Period. Tenant hereby waives the right to receive an extension of the Free Rent Period pursuant to Article 37(G) of the Lease on account of Landlord’s failure to substantially complete the Post-Commencement Work by the date specified in the Lease.
Free Rent Period. Despite paragraph 4.2, the Landlord and Tenant each acknowledge and agree that the Tenant shall not be required to pay any Basic Rent for the period from October 1,2001 to November 30, 2001, however, the Tenant shall be required to pay Additional Rent during this period of time and shall comply with all other terms and provisions of this Lease.
Free Rent Period. The Tenant is hereby granted the privilege of occupying the premises subject to all of the terms, covenants and conditions of this lease, including, but not limited to the payment of any utilities and to the payment of any Additional Rent payable pursuant to this Lease but otherwise free of the payment of the monthly installment of Annual Base Rent during the period beginning with the tender of possession of the Premises by the Landlord to the Tenant and ending on November 19, 1999.
Free Rent Period. Notwithstanding the foregoing provisions of this Ninth Amendment to the contrary, Tenant shall not have any obligation to pay the four (4) monthly installments (each in the amount of $23,940.00) on account of the Sixth Extended Term Annual Base Rent which are due and payable on July 1, 2006, August 1, 2006, September 1, 2006 and October 1, 2006.
