Monthly Installment. The Monthly Installment of rent payable each ------------------- month during the period from March 1, 1997 through and including August 31, 1999, shall be the sum of Thirty-Eight Thousand Nine Hundred and Ten Dollars ($38,910) per month. The Monthly Installment of rent payable each month during the period from September 1, 1999 through and including August 31, 2001, shall be the sum of Forty-One Thousand One Hundred Thirty-Five Dollars ($41,135.00) per month.
Monthly Installment. The Monthly Installment of rent to be paid each month by Subtenant to Sublandlord during the Sublease Term, subject to adjustment as provided below, shall be equal to one-twelfth (1/12th) of an amount that will yield Sublandlord an eight percent (8%) annual return on the portion of the Purchase Price paid by Sublandlord that is allocable to the Excluded Area and the improvements thereon. The acreage of the Excluded Area shall be deemed to be 11.49 acres, and the acreage of the Land shall be deemed to be 19.61 acres. The portion of the Purchase Price that is allocable to the Excluded Area and the improvements thereon shall be determined by multiplying $32,200,000 by a fraction, the numerator of which is the acreage included in the Excluded Area (11.49 acres) and the denominator of which is the total acreage included in the entire Land (19.61 acres). Thus, the Monthly Installment shall be equal to $125,778.68 per month. Once the allocation of FAR Funds (as defined in the Purchase Agreement) has been determined pursuant to Section 6.3(j) of the Purchase Agreement, the Purchase Price used to calculate the Monthly Installment, and thus the Monthly Installment, shall be adjusted accordingly.
Monthly Installment. You agree to pay, in advance, on or before the first day of each calendar month during the Lease Term, regardless of whether it is a holiday or weekend, the Monthly Installment due for such month, (PARTIAL PAYMENT WILL NOT BE ACCEPTED) which consists of the Base Rent plus all applicable Monthly Fees and all applicable taxes (each a “Monthly Installment”), with the first installment due no later than the Start Date. All payments should be made payable to: "Park Place Tempe" and be delivered to Landlord on or before the applicable due date at the following address: Park Place Tempe, 0000 Xxxxx Xxxxxxx Xx, Xxxxx, Xxxxxxx 00000, unless otherwise agreed by Landlord. Notice is hereby provided to Resident that the applicable sales tax or transaction privilege tax rate may be increased from time to time by the municipality where this Apartment Community is located. If the rate is so modified by the municipality pursuant to A.R.S. § 33-1314(E), applicable taxes charged by Landlord on the Base Rent and Monthly Fees will be increased accordingly, which will modify the amount of each Monthly Installment. In such event, the Monthly Installments calculated and set forth on Page 1 of this Lease will be revised to reflect the increase to the applicable taxes and Resident shall be required to pay the increased amount for the remainder of the Lease Term upon thirty (30) days advance written notice of the changed rate. We do not have to ask (MAKE DEMAND UPON) you to pay the Rent. You agree to pay Rent by first class mail postage prepaid or in person to Landlord at the place specified by Landlord. Except as provided by law, you have no right to withhold or offset any part of your Rent for any purpose, even an Act of God or Force Majeure, or to reduce any Rent payable to us by any of your costs or damages. At our option, we can require that Rent, fees, or charges payable to us be paid in either certified or cashier’s check, money order, personal check or by ACH direct deposit or other forms of electronic payment approved by Landlord in its sole and absolute discretion. In addition, if two (2) or more payments for Rent are returned to us for insufficient funds or for any reason whatsoever, Landlord shall have the right, but not the obligation, to thereafter require that all Monthly Installments money payable to us be paid in either certified or cashier’s check or money order. Xxxx will not be accepted under any circumstances. If any Monthly Installment, or any other Rent paymen...
Monthly Installment. In the event that a Parent/Guardian pays the school fees or portion thereof on installment basis, with outstanding balances from the entire or total school fees of the same school year, or has not fully paid the school fees thereof shall be subject to the following terms, conditions, and obligations:
Monthly Installment. The Monthly Installment of rent payable each month during the term of the Lease Term shall be as set forth in Addendum One, Section 3.
Monthly Installment. (i) The Monthly Installment of rent for the first thirty (30) months following the Commencement Date shall be One Hundred Twenty Three Thousand Thirty Seven and 50/100 Dollars ($123,037.50).
Monthly Installment. The Monthly Installment of rent for the period commencing on the Commencement Date of this Lease and ending on the Substantial Completion Date (if the Commencement Date and Substantial Completion Date are different dates) and the Monthly Installment of rent for the first year of the lease Term, commencing on the Substantial Completion Date, shall be equal to One Hundred Five Thousand Eight Hundred Twenty Dollars ($105,820) per month for Building A and One Hundred Eight Thousand Six Hundred Eighty Dollars ($108,680) per month for Building C. The Monthly Installment of rent during the Lease years following the first year of the Lease Term (including, without limitation, during each Extension Term) shall be the Monthly installment of rent for the immediately preceding year plus an additional Three Thousand Seven Hundred Dollars ($3,700) per month for Building A and Three Thousand Eight Hundred Dollars ($3,800) per month for Building C (which totals an additional Seven Thousand Five Hundred Dollars ($7,500) per month for Building A and Building C). Such Seven Thousand Five Hundred Dollar ($7,500) monthly increase on each anniversary of the Commencement Date as provided in the immediately preceding sentence is the equivalent of a Five Cent ($0.05) per rentable square foot per month increase in the monthly rental rate for the Buildings on each anniversary of the Commencement Date.
Monthly Installment. The Monthly Installment of rent due each month under the New Lease shall be as follows: PERIOD MONTHLY AMOUNT May 1, 2000 through December 31, 2001 $30,894.00 January 1-31, 2002 $53,550.77 February 1, 2002 through January 31, 2003 $69,914.00 February 1, 2003 through December 31, 2003 $73,410.00 January 1, 2004 (through January 13, 2004) $30,784.84
Monthly Installment. The Monthly Installment of rent shall be the following respective amounts during the following respective time periods: LEASE YEAR MONTHLY INSTALLMENT ---------- ------------------- 11/01/96-10/31/97 $ 32,550.00 month NNN 11/01/97-10/31/98 $ 34,100.00 month NNN 11/01/98-10/31/99 $ 35,650.00 month NNN 11/01/99-10/31/00 $ 37,200.00 month NNN 11/01/00-10/31/01 $ 38,750.00 month NNN 11/01/01-10/31/02 $ 40,300.00 month NNN 11/01/02-10/31/03 $ 41,850.00 month NNN 11/01/03-10/31/04 $ 43,400.00 month NNN 11/01/04-09/30/05 $ 44,950.00 month NNN
Monthly Installment. The Monthly Installment of rent payable for the term of this lease shall be the sum of Twenty-three thousand ninety-one Dollars ($23,091) per month. The first Monthly Installment shall be due upon the signing of this Lease by all parties hereto.
