Base Rent for the Premises. Commencing on the New Term Rent Commencement Date and continuing throughout the New Term, Tenant shall pay to Landlord monthly installments of Base Rent for the entire Premises (i.e., the Existing Premises and the Expansion Premises) as follows: Period During New Term Annual Base Rent Monthly Installment of Base Rent Annual Rental Rate per Rentable Square Foot New Term Rent Commencement Date — the last day of the full calendar month that is New Term Lease Month 12* $ 5,510,464.00 ◊ $ 459,205.34 ◊ $ 58.00 The first (1st) day of the full calendar month that is New Term Lease Month 13 — the last day of the full calendar month that is New Term Lease Month 24 $ 5,675,777.92 $ 472,981.49 $ 59.74 The first (1st) day of the full calendar month that is New Term Lease Month 25 — the last day of the full calendar month that is New Term Lease Month 36 $ 5,845,842.24 $ 487,153.52 $ 61.53 The first (1st) day of the full calendar month that is New Term Lease Month 37 — the last day of the full calendar month that is New Term Lease Month 48 $ 6,021,607.04 $ 501,800.59 $ 63.38 The first (1st) day of the full calendar month that is New Term Lease Month 49 — the last day of the full calendar month that is New Term Lease Month 60 $ 6,202,122.24 $ 516,843.52 $ 65.28 The first (1st) day of the full calendar month that is New Term Lease Month 61 — the New Term Expiration Date $ 6,388,337.92 $ 532,361.49 $ 67.24 * The initial Annual Installment of Base Rent was calculated by multiplying the initial Annual Rental Rate per Rentable Square Foot by the number of rentable square feet of space in the Premises, and the Monthly Installment of Base Rent was calculated by dividing the corresponding Annual Installment of Base Rent by twelve (12). In all subsequent Base Rent payment periods during the New Term commencing on the first (1st) day of the full calendar month that is New Term Lease Month 13, the calculation of Annual Base Rent (and Monthly Installment of Base Rent) reflects an annual increase of three percent (3%). ◊ Subject to the terms set forth in Section 4.3 below, the Base Rent attributable to the four (4) month period commencing on the first (1st) day of the first (1st) full calendar month of the New Term and ending on the last day of the fourth (4th) full calendar month of the New Term shall be abated. ** The amounts identified in the column entitled “Annual Rental Rate per Rentable Square Foot” are estimates and are provided for informational purposes only.
Base Rent for the Premises. For clarity, the monthly installments of Base Rent under the Lease for the Existing Premises shall remain as provided in the Original Lease until April 30, 2019. The monthly installments of Base Rent under the Lease for the “Entire Premise” (i.e., both the Existing Premises and the Suite A-2 I0 Premises) shall be the following amounts for the following periods of time: Lease Month Annual Base Rent Rate Per Rentable Square Foot Monthly Installments of Base Rent for the Premises Suite A-210 $31.50 $55,601.25 Effective Date—04.30.19 (for the Existing Premises) $36.00(for the Suite A-210 Premises) 05.01.19-12 $36.00 $60,720.00 13-24 $37.00 $62,406.67 25-36 $38.00 $64,093.33 37-48 $39.00 $65,780.00 49-60 $40.00 $67,466.67 61-80 $41.00 $69,153.33
Base Rent for the Premises. LESSEE agrees to pay LESSOR throughout the term of this Lease an annual rent of Six Thousand Dollars ($6,000) per year (the “Base Rent”). The Base Rent shall be payable in monthly installments of Five Hundred Dollars ($500) due on the first day of each month. For any partial month at the beginning or end of the term of this Lease, the Base Rent due for that month shall be prorated accordingly.
Base Rent for the Premises. Except as set forth in Section 4 above, Tenant shall continue to pay Base Rent on the Premises at the rate set forth in the Lease through June 30, 2025. Commencing on July 1, 2025, and continuing through the Extension Term, Tenant shall pay Base Rent for the Premises, as follows: PREMISES (61,410 Rentable Square Feet) Extension Term Monthly Base Rent PRSF Annual Base Rent July 1, 2025 through June 30, 2026 $104,908.75 $20.50 $1,258,905.00 July 1, 2026 through June 30, 2027 $107,467.50 $21.00 $1,289,610.00 July 1, 2027 through June 30, 2028 $110,026.25 $21.50 $1,320,315.00 July 1, 2028 through June 30, 2029 $112,585.00 $22.00 $1,351,020.00 July 1, 2029 through June 30, 2030 $115,143.75 $22.50 $1,381,725.00 July 1, 2030 through June 30, 2031 $117,702.50 $23.00 $1,412,430.00 July 1, 2031 through June 30, 2032 $120,261.25 $23.50 $1,443,135.00 July 1, 2032 through June 30, 2033 $122,820.00 $24.00 $1,473,840.00 July 1, 2033 through June 30, 2034 $125,378.75 $24.50 $1,504,545.00 July 1, 2034 through June 30, 2035 $127,937.50 $25.00 $1,535,250.00
Base Rent for the Premises. Beginning on the Effective Date, the schedule of Base Rent for the Premises is hereby amended to be as follows: Lease Months Annual Rate per Rentable Square Foot Monthly Base Rent 10/1/2018 – 3/31/2019 $ 0.00 + E None + E 4/1/2019 – 3/31/2020 $ 15.00 $ 28,237.50 4/1/2020 – 4/30/2021 $ 15.50 $ 29,178.75 5/1/2021 – 4/30/2022 $ 16.00 + E $ 30,120.00 + E 5/1/2022 – 4/30/2023 $ 16.50 + E $ 31,061.25 + E 5/1/2023 – 4/30/2024 $ 17.00 + E $ 32,002.50 + E 5/1/2024 – 11/30/2024 $ 17.00 + E $ 32,002.50 + E + E means plus Tenant’s pro rata share of electricity charges.
Base Rent for the Premises. Tenant shall continue to pay Base Rent as set forth in the Lease through May 31, 2022. Commencing on June 1, 2022 (the “Lease Restructure Date”), the Base Rent charts in (a) the Schedule of Significant Terms in the Original Lease and (b) Section 3(a) of the First Amendment are no longer applicable and instead Tenant shall pay Base Rent for the entire Premises in the following monthly installments at the following times and in the same manner and place as is required under the Lease, as amended hereby: Time Period: Annual Base Rent Per Monthly Installments of Rentable Square Foot Annualized Base Rent Base Rent
Base Rent for the Premises. The monthly Base Rent for the Demised Premises during the Fourth Extended Term shall be as follows: MONTHS RATE PER SQ. FT. PER MONTH MONTHLY BASE RENT 9/1/09 - 8/31/10 $ 2.05 $ 6,412.40 9/1/10 - 8/31/11 $ 2.11 $ 6,600.08 Notwithstanding anything to the contrary set forth in the Lease Agreement, Base Rent during the period from June 1, 2009, through August 31, 2009, shall be abated in its entirety.
Base Rent for the Premises. As of February 1, 2001, the definition of "Base Rent" is amended as follows: Time Period Annual Base Rent Monthly Base Rent ----------- ---------------- ----------------- February 1, 2001 - January 31, 2002: $2,404,668.72 $200,389.06 February 1, 2002 - January 31, 2003: $2,462,963.76 $205,246.98 February 1, 2003 - January 31, 2004: $2,521,258.80 $210,104.90 February 1, 2004 - January 31, 2005: $2,579,553.72 $214,962.81 February 1, 2005 - January 31, 2006: $2,637,848.76 $219,820.73 With respect to the Renewal Term, Tenant has no other Base Rent payment obligations (except for accrued but unpaid Rent obligations relating to the period prior to the Renewal Term) and the foregoing Base Rent payments cover the entire Premises, including, without limitation, the First Floor Retail Space.
Base Rent for the Premises. Commencing on the March 1, 2006, Base Rent shall be $12,804.80 per month. Commencing on January 1, 2007, Base Rent shall be increased to $13,188.95 per month.
Base Rent for the Premises. LESSEE agrees to pay LESSOR throughout the term of this Lease an annual rent of TWO HUNDRED FIFTEEN THOUSAND SEVEN HUNDRED Dollars ($215,700.00) per year (the “Base Rent”). The Base Rent shall be payable in monthly installments of SEVENTEEN THOUSAND NINE HUNDRED SEVENTY FIVE Dollars ($17,975.00) due on the first day of each month. For any partial month at the beginning or end of the term of this Lease, the Base Rent due for that month shall be prorated accordingly. Any rents paid under the Prior Lease(s) and applicable to the term of this Lease shall be credited to the first payment(s) due hereunder.
