Minimum Rent Sample Clauses

Minimum Rent. The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:
AutoNDA by SimpleDocs
Minimum Rent. Anything herein to the contrary notwithstanding,
Minimum Rent. Lessee will pay to Lessor in lawful money of the United States of America which shall be legal tender for the payment of public and private debts, at Lessor's address set forth above or at such other place or to such other person, firms or corporations as Lessor from time-to-time may designate in a Notice, Minimum Rent (as defined below), during the Term, as follows:
Minimum Rent. (a) Minimum Rent shall be paid in advance on the first Business Day of each month; provided, however, that the first payment of Minimum Rent shall be payable on the Commencement Date (and, if applicable, such payment shall be prorated as provided in the last sentence of the first paragraph of Section 3.1).
Minimum Rent. Tenant shall pay annual base minimum rent ("Minimum Rent") to Landlord in equal installments in advance, on the first (1st) Business Day of each Accounting Period; provided, however, that the first payment of Minimum Rent shall be payable on the Commencement Date. Further, if applicable, the first payment of Minimum Rent and the last payment of Minimum Rent shall be prorated on a per diem basis provided, however, that for purposes of Minimum Rent, any prorated payment for any partial Accounting Period prior to the first full Accounting Period shall be prorated based upon the installment of Minimum Rent payable for the first full Accounting Period, and any prorated Rent at the end of the Term shall be prorated based upon the installment of Minimum Rent payable for the last full Accounting Period.
Minimum Rent. During the Term, the Tenant shall pay to the Landlord, without demand and without deduction or setoff, as minimum rent for the Premises, the monthly rent of $700.00, per person or $600.00 per person if double occupancy bedroom (based on availability). Rent will be pro-rated if you move-in or out other than the 1st or last day of the month. . Tenant shall reference the Summer Intern Application for payment plan, information and details. If you must vacate your premises before the end of your original lease term, 45 day written notice is required. You are liable for the rent during this 45 day notice period.
Minimum Rent. The current monthly Base Rent under the Lease is $__________, subject to any escalation and/or additional Rent charges provided in the Lease, and such Base Rent is current as of the date hereof.
AutoNDA by SimpleDocs
Minimum Rent. During the Term, Tenant agrees to pay to Landlord, without demand or set off, in lawful money of the United States, at the address specified in Section 25, or at such other location as Landlord may hereafter designate in writing, Minimum Rent for the Leased Premises which shall be the product computed by multiplying the area of the Premises in square feet (e.g., during the first Lease Year, 15,000 square feet) by the amount of $13.00 triple net per square foot per annum.) For the convenience of the Landlord, the Minimum Rent shall be paid in monthly installments of Sixteen Thousand Two Hundred Fifty Dollars ($16,250). Each installment of Minimum Rent shall be due and payable in advance, on the first day of each month. The first payment of Minimum Rent shall be due and payable on or before the Commencement Date. Minimum Rent shall be pro rated for any partial month of the Term. Notwithstanding the above, at the end of the first Lease Year (i.e.,365 days from [Closing]), and at the end of every Lease Year thereafter, the Minimum Rent rate shall be adjusted according to the Consumer Price Index (CPI) published by the Bureau of Labor Statistics of the United States Department of Labor, using the "Consumer Price Index - All Items" (1982-1984 = 100) figure as of the Commencement Date for a base, and adjusting the annual Minimum Rent rate to be paid hereunder in direct proportion to the change in the said CPI; provided, however, that annual Minimum Rent rate (multiplied by the square footage demised by this Lease) shall not increase more than three percent (3%) in any given Lease Year. In the event that the adjusted rent, according to the CPI, shall be less than the Minimum Rent stated above for the prior Lease Year, then the rent shall be the amount of the Minimum Rent for such prior Lease Year. The Minimum Rent and all other sums payable under the Lease shall be paid without notice, demand, counterclaim, set off, deduction, or defense and without abatement, suspension, diminution, or reduction, and the obligations and liabilities of Tenant under the Lease shall in no way be released, discharged or otherwise affected (except as otherwise expressly provided in the Lease herein) by reason of any occurrence whatsoever.
Minimum Rent. (a) The minimum rent during the term of this Lease shall be the amount set forth in the Data Sheet attached hereto as adjusted pursuant to Section 2.04 or other provisions of this Lease, which sum shall be payable by Tenant in equal consecutive monthly installments in the sum set forth in the Data Sheet attached hereto, on or before the first day of each month, in advance, payable as set forth, and at the address set forth, in the Data Sheet attached hereto under “Name and Address for Rent Payments,” or such other place as Landlord may designate in writing, such payments to be without any prior demand therefor and without any deductions or setoff whatsoever.
Minimum Rent. Tenant shall pay minimum rent in an amount equal to the aggregate amount of minimum rent per Fiscal Year set forth in Exhibit A, payable in advance in equal, consecutive monthly installments, on or before the first day of each calendar month of the Term (“Minimum Rent”); provided, that in the case of the first Fiscal Year and the last Fiscal Year, the number of such installments shall equal the number of calendar months included within the Term of such Fiscal Year; and provided further, that if the Term commences on a day other than the first day of the calendar month, the Minimum Rent for the first month and the last month of the Term shall be prorated on a per diem basis based on the actual number of calendar days included within the Term of such month; and
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!