Base Rent for the Existing Premises Sample Clauses

Base Rent for the Existing Premises. Tenant shall continue to pay Base Rent ------------------------------------ for the Existing Premises in accordance with the provisions of the Lease in effect prior to the date of this Agreement.
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Base Rent for the Existing Premises. Prior to the New Term Rent Commencement Date, Tenant shall continue to pay Base Rent for the Existing Premises at the rate currently provided under Section 4.1 of the First Amendment (it being understood that, if the New Term Rent Commencement Date occurs after November 1, 2013, then Tenant shall continue to pay Base Rent for the Existing Premises at the rate of $206,145.58 per month for the period commencing on November 1, 2013 through the day immediately preceding the New Term Rent Commencement Date).
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Base Rent for the Existing Premises. Continuing through January 31, 2002 ----------------------------------- Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the provisions of the Lease in effect prior to the date of this Agreement (without any increase pursuant to the provisions of Paragraph 10 above prior to January 31, 2002). Commencing February 1, 2002, Tenant shall pay to Landlord for the Existing Premises the same Base Rent per month per square foot of Rentable Area contained in the Existing Premises as Tenant is required to pay per month per square foot of Rentable Area in the Expansion Premises effective February 1, 2002 pursuant to the provisions of Paragraph 9 above, as increased pursuant to the provisions of Paragraph 10 above. Thereafter, Base Rent for the Existing Premises shall increase on the same date, and in the same manner, as Base Rent for the Expansion Premises increases pursuant to the provisions of Paragraph 10 above.
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Base Rent for the Existing Premises. Tenant shall pay to Landlord Base Rent for the Existing Premises as stated in the Original Lease.
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Base Rent for the Existing Premises. In addition to all other amounts and charges due and payable by Tenant under the Lease, as amended, (i) prior to the Extension Date, Tenant shall pay Base Rent for the Existing Premises as set forth in the Lease, as amended, in accordance with the terms of the Lease, as amended, and (ii) from and after the Extension Date and continuing throughout the Extended Term, in addition to all other amounts due and payable under the Lease, as amended, Tenant shall pay Base Rent set forth in the rental chart below, in accordance with the terms of the Lease, as amended, subject to adjustment from and after the Give-Back Date, pursuant to Section 3 (Vacation of the Give-Back Premises; Amounts Payable of Tenant Fails to Timely Vacate the Give-Back Premises) above. Dates Annual Base Rent Monthly Installment of Base Rent Annual Rental Rate Per Rentable Square Foot of the Existing Premises (84,817 RSF) 07/01/18* – 06/30/19 $ 2,120,423.00 $ 176,701.92 $ 25.00 07/01/19 – 06/30/20 $ 2,184,035.69 $ 182,002.97 $ 25.75 07/01/20 – 06/30/21 $ 2,249,344.72 $ 187,445.39 $ 26.52 *So long as no default by Tenant occurs under the Lease, Tenant shall not be required to pay the monthly installments of Base Rent for the Reduced Existing Premises during the period commencing July 1, 2018, through September 30, 2018 (the “Reduced Existing Premises Abatement Period”), subject to and in accordance with the terms and conditions of Section 5.e (Rent Abatement) below.
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Base Rent for the Existing Premises. Effective as of the Extension Date, in addition to all other amounts payable under the Lease, Tenant shall pay Monthly Base Rent for the Existing Premises as set forth below, in accordance with the terms of the Lease. Upon execution of this Amendment, Tenant shall pay to Landlord the sum of $72,102.00 constituting Base Rent due and payable by Tenant for the Existing Premises for the first full calendar month of the Extended Term for which Base Rent is payable hereunder. Months of the Extended Term/Rental Adjustment Dates** Annual Base Rent Monthly Base Rent Monthly Base Rent per Rentable Square Foot of the Existing Premises Extension Date — November 30, 2011 $ 865,224.00 $ 72,102.00 $ 2.77 December 1, 2011 — November 30, 2012 $ 908,484.00 $ 75,707.00 $ 2.91 December 1, 2012 — November 30, 2013 $ 953,904.00 $ 79,492.00 $ 3.06 December 1, 2013 — November 30, 2014 $ 982,524.00 $ 81,877.00 $ 3.15 December 1, 2014 — February 28, 2015 $ 1,012,008.00 $ 84,334.00 $ 3.24 March 1, 2015 — November 30, 2015 $ 685,207.32 $ 57,100.61 $ 2.19 December 1, 2015 — November 30, 2016 $ 705,763.56 $ 58,813.63 $ 2.26 December 1, 2016 — November 30, 2017 $ 726,936.36 $ 60,578.03 $ 2.33 December 1, 2017 — Expiration Date $ 748,744.56 $ 62,395.38 $ 2.40
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Base Rent for the Existing Premises. In addition to all other amounts and charges due and payable by Tenant under the Lease, as amended, Tenant shall pay Base Rent for the Existing Premises as set forth in the Lease, as amended, in accordance with the terms of the Lease, as amended.
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Base Rent for the Existing Premises. Commencing on the Effective Date, Base Rent for the Existing Premises shall be payable according to the following schedule: Period Annual Base Rent Monthly Base Rent Approx. Monthly Base Rent/S.F. Effective Date – 5/31/2015 $669,555.00* $55,796.25* $1.25* 6/1/2015 – 5/31/2016 $689,641.68 $57,470.14 $1.29 6/1/2016 – 5/31/2017 $710,330.88 $59,194.24 $1.33 6/1/2017 – 5/31/2018 $731,640.84 $60,970.07 $1.37 6/1/2018 – 5/31/2019 $753,590.04 $62,799.17 $1.41 6/1/2019 – 11/30/2019 $776,197.80 $64,683.15 $1.45 12/1/2019 – 12/31/2019 $924,794.04 $77,066.17 $1.73 1/1/2020 – 12/31/2020 $952,537.92 $79,378.16 $1.78 1/1/2021 – 12/31/2021 $981,114.00 $81,759.50 $1.83 1/1/2022 – 6/30/2022 $1,010,547.48 $84,212.29 $1.89 * Subject to abatement pursuant to Section 3.2 of the Lease.
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Related to Base Rent for the Existing Premises

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of Article 3 of the Lease.

  • Lease of Property For Lease Term Landlord leases the Property to Tenant and Tenant leases the Property from Landlord for the Lease Term. The Lease Term is for the period stated in Section 1.05 above and shall begin and end on the dates specified in Section 1.05 above, unless the beginning or end of the Lease Term is changed under any provision of this Lease. The "Commencement Date" shall be the date specified in Section 1.05 above for the beginning of the Lease Term, unless advanced or delayed under any provision of this Lease.

  • Original Premises Tenant shall continue to pay Base Rent for the Original Premises as provided for in the Lease.

  • Rental Abatement If (a) the Property is damaged by fire or other casualty thereby causing the Premises to be inaccessible or (b) the Premises are partially damaged by fire or other casualty, the Rent shall be proportionally abated to the extent of any actual loss of use of the Premises by Tenant.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Lease of Premises for Lease Term Landlord hereby leases the Premises to Tenant, and Tenant hereby rents the Premises from Landlord, for the Term and subject to the conditions of this Lease.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Base Rent Abatement Provided that Tenant is not then in Default, and subject to the terms of this Section 3.2 below, then (i) during the last six (6) full calendar months of the Lease Term with respect to the Phase I Premises and (ii) during the last ten (10) full calendar months of the Lease Term with respect to the Phase II Premises (collectively, the “Base Rent Abatement Period”), Tenant shall not be obligated to pay any Base Rent otherwise attributable to the Premises or the Phase II Premises, as applicable, during such Base Rent Abatement Period (collectively, the “Rent Abatement Amount”). Tenant acknowledges and agrees that the foregoing Base Rent Abatement has been granted to Tenant as additional consideration for entering into this Lease, and for agreeing to pay the rental and perform the terms and conditions otherwise required under this Lease. Notwithstanding the foregoing, Landlord shall have the right, at Landlord’s option, on a month by month basis commencing on the Lease Commencement Date, to accelerate any remaining Base Rent Abatement Amount relating to a full month during the Base Rent Abatement Period for a particular phase of the Premises (the “Phase”) forward, to apply to the Base Rent that would otherwise be due with respect to the next occurring month of the Lease Term for such Phase (the “Landlord Base Rent Abatement Acceleration Election”), in which case Tenant shall have no obligation to pay Base Rent attributable to such next occurring month of the Lease Term for such Phase, and the Base Rent Abatement Amount that is accelerated forward shall no longer be applicable during the Base Rent Abatement Period. Landlord may make such election on a month by month basis with respect to each of the months of the Base Rent Abatement Period. In addition, commencing on the Lease Commencement Date, if Landlord has not exercised the Landlord Base Rent Abatement Acceleration Election on or before the date that the next installment of Base Rent is due under the Lease, and provided that the Lease has not been terminated as a result of any Default of Tenant or rejection of the Lease in bankruptcy (the “Abatement Condition”), then Tenant shall have the right, at Tenant’s option, on a month by month basis commencing on the Lease Commencement Date, to accelerate any Base Rent Abatement Amount relating to a full month during the Base Rent Abatement Period for a Phase forward to apply to the Base Rent that would otherwise be due with respect to the next occurring month of the Lease Term for such Phase (the “Tenant Base Rent Abatement Acceleration Election”), in which case Tenant shall have no obligation to pay Base Rent attributable in such next occurring month of the Lease Term for such Phase, and the Base Rent Abatement Amount that is accelerated forward shall no longer be applicable during the Base Rent Abatement Period. Tenant may not elect to accelerate more than one (1) month of such Base Rent Abatement at any particular time. Notwithstanding the foregoing, as long as the Abatement Condition is satisfied, if Tenant fails to deliver notice to Landlord exercising the Tenant Base Rent Abatement Acceleration Election for a particular month of the Lease Term, then Tenant shall be deemed to have elected to exercise the Tenant Base Rent Abatement Acceleration Election for such month without the requirement of providing notice to Landlord. Notwithstanding the different monetary amount of one (1) full calendar month at the end of the Lease Term from the monetary amount of one (1) full calendar month at the beginning of the Lease Term, the value of any full month of Base Rent Abatement, whether accelerated by Landlord or by Tenant, shall be equal to one (1) full month of Base Rent at the time it is applied.

  • Option to Extend Lease Term At the expiration of the original Lease Term, Tenant may extend this Lease as to the entire Premises or a portion of the Premises for two (2) extended terms of five (5) years each (each an “Extended Term”) by giving Landlord written notice (the “Option Notice”) of its intention to do so not later than twelve (12) months prior to the expiration of the original Lease Term, and thereafter twelve (12) months prior to the expiration of the applicable Extended Term; provided, however, that Tenant is not in material default beyond any applicable notice and cure period under the Lease on the date of giving such notice or on the date of commencement of such Extended Term. The Option Notice shall set forth Tenant’s election to extend the Lease for all or a portion of the Premises. If Tenant elects to extend the Lease for only a portion of the Premises, the portion of the Premises for which Tenant elects not to extend the Lease shall be: (i) either located entirely on one floor of the Premises or located on one entire floor and a portion of the other floor; (ii) a minimum of 15,000 RSF; (iii) adjacent to a window line and easily accessible; and (iv) shall be in a readily marketable and leasable location. Landlord shall be responsible for any and all costs to separate the portion of the Premises for which Tenant elects not to extend the Lease from the remainder of the Premises such that the space is a separate easily accessible and readily marketable space promptly following the commencement of the applicable Extended Term. Any termination of the entire Lease shall result in automatic termination of this option. Tenant’s right to extend the Lease Term provided herein is personal to Tenant and may not be assigned or otherwise transferred except in connection with a permitted assignment of this Lease, including to a Tenant’s Affiliate. The Extended Term shall be upon all of the terms and conditions of this Lease, except that the following rights of Tenant during the original Lease Term shall not apply during such Extended Term unless granted as part of the Fair Market Rental: (a) any right to rent-free possession; (b) any right to further extension of the Lease Term beyond the Extended Terms set forth herein above; (c) any right to continue to pay the same Base Rent; (d) any right to additional Tenant Allowance; (e) any right to terminate the Extended Term early; (f) any right to continue to exclude HVAC Capital Expenditures; (g) cost of security for the Building; and (h) the right to the continuation of any cap on Controllable Operating Expenses from the previous year (it being understood that the Operating Expenses for the first twelve (12) months of each new Extended Term shall be the actual Operating Expenses without any cap and thereafter the cap set forth in Section 4.2(e) shall apply). Landlord and Tenant hereby acknowledge and agree that the Base Rent during each Extended Term shall be equal to ninety-five (95%) of the Base Rent component of the “Fair Market Rental” and one hundred percent (100%) of the economic concessions, including without limitation, free rent, improvement allowance, base year and other monetary concessions, component of the Fair Market Rental for the Premises, as determined by as follows:

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

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