Fixed Rent. No Fixed Rent or Additional Rent shall be due or payable hereunder for the period commencing on the Term Commencement Date through and including, the day prior to the Rent Commencement Date. For the period beginning on the Rent Commencement Date through and including the last day of the twelfth (12th) full calendar month immediately following the Rent Commencement Date (this period shall include the partial calendar month between the Rent Commencement Date and the first day of the first full calendar month immediately following the Rent Commencement Date if the Rent Commencement Date is other than the first day of a calendar month), the Fixed Rent shall be based upon a rate of $12.25 per square foot contained in the Building per annum (the “Fixed Rental Rate”) and shall equal $673,750.00 per annum payable in equal monthly installments of $56,145.83 (equitably pro-rated for any partial calendar month within this period), assuming the Building contains 55,000 square feet. The Fixed Rental Rate is subject to adjustment if Sublessee elects to include Sublessee’s Contribution Costs in the Fixed Rental Rate as provided in Exhibit D. The Fixed Rent for this period is subject to being confirmed and further adjusted in accordance with Section 1.4 hereof if the square footage of the Premises is determined to be other than 55,000 square feet as determined by the Measurement. Thereafter, beginning on the first day of the thirteenth (13th) full calendar month immediately following the Rent Commencement Date (the “First Adjustment Date”) and thereafter on each subsequent anniversary of the First Adjustment Date (each such anniversary of the First Adjustment Date being an “Adjustment Date”) falling within the Base Term, the Fixed Rental Rate and, correspondingly, the Fixed Rent, payable under this Lease by Sublessee shall be adjusted by an amount (each, an “Adjustment”) equal to the Fixed Rental Rate payable for and with respect to the immediately preceding twelve (12) calendar month period multiplied by the percentage change in the Consumer Price Index (as hereafter defined) during the immediately preceding 12 calendar month period multiplied by the square feet in the Premises (in the case of the Adjustment to be made on the First Adjustment Date the comparison of the Consumer Price Index shall be between the monthly Consumer Price Index last published immediately prior to the Rent Commencement Date and the monthly Consumer Price Index last published immediately prior t...
Fixed Rent. Tenant shall pay Landlord as fixed rent for the Premises a sum equal to the Fixed Rent set forth in paragraph 1 on or before the first day of each and every calendar month during the Term of this Lease, except that Fixed Rent for the first full calendar month of the Term shall be payable simultaneously with the execution of this Lease by Tenant.
Fixed Rent a. Throughout the Term of the Lease, Tenant shall continue to pay Fixed Rent with respect to the Demised Premises in the amounts set forth in Paragraph 6 of the Basic Lease Provisions and Exhibit F attached to the Lease, as amended by Paragraph 6 of the First Amendment.
Fixed Rent. The fixed rent (“Fixed Rent”) shall be as follows:
Fixed Rent. Tenant covenants to pay to Landlord as a net minimum rent (“Fixed Rent”), as follows: Lease Period Rate PSF Monthly Fixed Rent Annual Fixed Rent __/__/2021 – __/__/2022 $ 20.101 $ 6,365.40 $ 76,384.80 __/__/2022 – __/__/2023 $ 20.704 $ 6,556.36 $ 78,676.34 __/__/2023 – __/__/2024 $ 21.325 $ 6,753.05 $ 81,036.63 __/__/2024 – __/__/2025 $ 21.965 $ 6,995.64 $ 83,467.73 __/__/2025 – __/__/2026 $ 22.624 $ 7,164.31 $ 85,971.77 __/__/2026 – __/__/2027 $ 23.303 $ 7,379.24 $ 88,550.92 __/__/2027 – __/__/2028 $ 24.002 $ 7,600.62 $ 91,207.45 __/__/2028 – __/__/2029 $ 24.722 $ 7,828.64 $ 93,943.67 __/__/2029 – __/__/2030 $ 25.464 $ 8,063.50 $ 96,761.98 __/__/2030 – __/__/2031 $ 26.228 $ 8,305.40 $ 99,664.84 Tenant shall pay the Annual Fixed Rent in advance in equal monthly installments of the monthly Fixed Rent on the 1st day of each calendar month.
Fixed Rent. The Fixed Rent under this Lease through the end of the Primary Term stated therein on December 8, 2006. From December 9, 2006 through December 8, 2011, the Fixed Rent will be $650,738.02 per annum. From December 9, 2011 through December 8, 2016, the Fixed Rent will be $541,295.71 per annum. From December 9, 2016 through December 8, 2021, the Fixed Rent will be $517,632.51 per annum. Fred Meyer - Metropolitan Life Leasx Xxdxxxxxtion Agreement February 4, 1997 Appendix 10I (32) Richland, WA MODIFICATION TO MASTER LEASE (Richland, WA) THIS MODIFICATION TO MASTER LEASE ("Modification"), dated as of February 4, 1997, by and between METROPOLITAN LIFE INSURANCE COMPANY, a New York corporation (hereinafter referred to as "Landlord"), as landlord/lessor under the Lease described below, and ROUNDUP CO., a Washington corporation (hereinafter referred to as "Tenant"), as tenant/lessee under such Lease. Landlord has leased to Tenant, and Tenant has leased from Landlord, for the lease term specified below, certain real property described in the attached Exhibit A (the "Premises"), pursuant to the terms of a Lease Agreement, between Landlord's predecessor in interest (Fred Meyer Real Estate Properties, Xxx.) xxx Tenant, dated October 22, 1986, as amended (the "Lease"), the landlord's/lessor's interest in which was assigned to Landlord pursuant to an Assignment of Master Lease dated November 25, 1986. The Lease currently includes seven successive renewal option terms after the end of the original lease term, which ends on December 8, 2006, at certain fixed rental amounts stated in the Lease. Each capitalized term not otherwise defined in this Modification will have the meaning stated in the Lease. FOR VALUE RECEIVED, Landlord and Tenant do hereby covenant and agree as follows:
Fixed Rent. For the period commencing on the Lease Commencement Date until June 30, 2000, Tenant shall pay fixed rent ("Fixed Rent") for the Premises at the annual rate of Sixty Thousand and No/100 Dollars ($60,000.00), payable in monthly installments of Five Thousand and No/100 Dollars ($5,000.00) per month, payable on the first day of each month, up to and including June 1, 2000. For the Lease Year commencing on July 1, 2000, the annual Fixed Rent shall increase by five percent (5%) and the Fixed Rent, as so increased, shall be annual Fixed Rent until the Lease Termination Date. If Tenant exercises its option(s) to renew the term of this Lease pursuant to Section 4 of this Lease, the annual Fixed Rent for the first Lease Year of the Renewal Term shall be equal to the annual Fixed Rent for the last Lease Year of the initial Term and thereafter the annual Fixed Rent shall increase by five percent (5%) on the commencement of the second, fifth, and eighth Lease Year of the Renewal Term(s).
Fixed Rent. Tenant shall pay Landlord during the first Lease Year of the Initial Term, without notice or demand, in lawful money of the United States of America, a net annual rental equal to [ ● ] Thousand Dollars ($[ ● ]) (the “Fixed Rent”).3 [For each successive Lease Year during the Initial Term and, if applicable, the Renewal Term, the Fixed Rent shall be equal to the product of (a) the Fixed Rent for the immediately preceding Lease Year multiplied by (b) the CPI Adjustment Factor, provided that in no event will the Fixed Rent ever be an amount less than the initial annual Fixed Rent of [ ● ] Thousand Dollars ($[ ● ]).]
Fixed Rent. Percentage Rent and tenant common area maintenance and other expense contributions to be made by tenants shall be prorated as follows:
Fixed Rent. The rent under this Agreement shall be in the amount of Dollars ($ ) due and payable on the: (check one) ☐ - of every week. ☐ - of every month.
