Base Rent for the Original Premises Sample Clauses

Base Rent for the Original Premises. Base Rent for the Original Premises shall be as provided under the Existing Lease through April 29, 2020. Commencing on April 30, 2020 and throughout the Extension Term, Base Rent for the Original Premises (on a gross plus electric basis) shall be as set forth in the table below. Dates Square Feet of Rentable Area Base Rent per Square Foot of Rentable Area Monthly Base Rent Annual Base Rent 4/30/2020 14,760 $ 73.00 annually * * * 5/1/2020- 4/30/2021 14,760 $ 74.00 annually $ 91,020.00 $ 1,092,240.00 5/1/2021- 4/30/2022 14,760 $ 75.00 annually $ 92,250.00 $ 1,107,000.00 5/1/2022- 4/30/2023 14,760 $ 76.00 annually $ 93,480.00 $ 1,121,760.00 5/1/2023- 4/30/2024 14,760 $ 77.00 annually $ 94,710.00 $ 1,136,520.00 5/1/2024- 9/30/2024 14,760 $ 78.00 annually $ 95,940.00 * * Not a full 12 months; ** Not a full 30 days
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Base Rent for the Original Premises. Through June 30, 2022, the Base Rent for the Original Premises will remain as set forth in the Lease. Beginning July 1, 2022, the Base Rent for the Original Premises will be as set forth in the following chart: Lease Months Per Sq. Ft.* Period Per Month* 7/1/22 – 1/15/23 $44.50 $654,066.53 $100.625.62 * plus applicable sales and transaction privilege taxes on Rent pursuant to Section 7(a) of the Original Lease and on Parking Rental Fees pursuant to Sections 1(o) and 7(a) of the Original Lease.
Base Rent for the Original Premises. Prior to and through the Reduction Date, Tenant has paid monthly installments of Base Rent for the portion of the Original Premises that excludes the Storage Space in accordance with Section 8.2(a) of the Summary of Basic Lease Information of the Original Lease. Commencing retroactively as of May 1, 2017, Tenant shall pay monthly installments of Base Rent for the Original Premises (as contracted to eliminate the Reduction Space) that excludes the Storage Space in accordance with the following schedule: Portion of Extended Term AnnualBase Rent Monthly Installmentsof Base Rent Annual Rental Rate perRentable Square Foot 5/1/17 - 1/31/18 $12,589,711.26 $1,049,142.61 $44.97 2/1/18 - 1/31/19 $12,906,063.80 $1,075,505.32 $46.10 2/1/19 - 1/31/20 $13,228,015.5 $1,102,334.63 $47.25 2/1/20 - 1/31/21 $13,558,365.94 $1,129,863.83 $48.43 2/1/21 - 1/31/22 $13,897,115.12 $1,158,092.93 $49.64
Base Rent for the Original Premises. Monthly Base Rent for the Original Premises shall be payable pursuant to the Lease until February 28, 2010. Beginning on March 1, 2010, and continuing through and until the Fourth Amendment Expiration Date, Tenant shall pay monthly Base Rent for the Original Premises pursuant to the following schedule: Amount of Base Rent Payable Per Month Amount of Total Base Rent Months Per Rentable Square Foot* Payable Per Month 3/1/2010 – 2/28/2001 $ 1.63 $ 20,800.01 3/1/2011 – the Fourth Amendment Expiration Date $ 1.68 $ 21,528.01 * An approximation based on rounding the result of the “Amount of Total Base Rent Payable Per Month” divided by the total rentable square footage of the Expansion Premises.
Base Rent for the Original Premises. Prior to the First Reduction Date, Tenant shall pay Base Rent for the Original Premises that excludes the Storage Space in accordance with the terms and conditions of the Lease. In addition, Tenant shall continue to pay Base Rent for the portion of the Premises located on the twentieth (20th), twenty-sixth (26th), twenty-seventh (27th) and twenty-eighth (28th) floors of the Building in accordance with the terms and conditions of the Lease. Commencing on the First Reduction Date and continuing until the date immediately preceding the Second Reduction Space, Tenant shall pay monthly installments of Base Rent for the Original Premises (as contracted to eliminate the First Reduction Space) that excludes the Storage Space (consisting of storage space on the B-1 and B-2 levels and 39th floor of the Building, containing 5,605 rentable square feet in the aggregate) in accordance with the following schedule, which schedule is calculated based on the Original Premises that excludes the Storage Space consisting of approximately 264,129 rentable square feet: Period AnnualBase Rent Monthly Installmentsof Base Rent Annual Rental Rate perRentable Square Foot 4/1/18- 6/30/18 $12,176,346.90 $1,014,695.58 $46.10 Commencing on the Second Reduction Date, Tenant shall pay monthly installments of Base Rent for the Original Premises (as contracted to eliminate the First Reduction Space and the Second Reduction Space) that excludes the Storage Space in accordance with the following schedule, which schedule is calculated based on the Original Premises that excludes the Storage Space consisting of approximately 232,809 rentable square feet: Period AnnualBase Rent Monthly Installmentsof Base Rent Annual Rental Rate perRentable Square Foot 7/1/18 - 1/31/19 $10,732,494.90 $894,374.58 $46.10 2/1/19 - 1/31/20 $11,000,225.25 $916,685.44 $47.25 2/1/20 - 1/31/21 $11,274,939.87 $939,578.32 $48.43 2/1/21 - 1/31/22 $11,556,638.76 $963,053.23 $49.64
Base Rent for the Original Premises. Notwithstanding anything to the contrary contained in the Lease, as hereby amended, during the First Extended Term, the Base Rent payable by Tenant for the Original Premises (which shall be calculated separate and apart from the Base Rent payable for the Expansion Space) shall be as set forth in the following schedule: Period of First Extended Term Monthly Base Rent Monthly Rental Rate Per Rentable Square Foot of Original Premises 5/1/2013 — 4/30/2014 $ 13,649.30 $ 1.85 5/1/2014 — 4/30/2015 $ 14,018.20 $ 1.90 5/1/2015 — 4/30/2016 $ 14,387.10 $ 1.95 5/1/2016 — 4/30/2017 $ 14,756.00 $ 2.00 5/1/2017 – Expansion Space Expiration Date $ 15,124.90 $ 2.05 6. Addition of the Expansion Space. Commencing on the Expansion Space Commencement Date, the Original Premises shall be expanded to include the Expansion Space, which Expansion Space shall be leased on the same terms and conditions set forth in the Lease, subject to the modifications set forth in this First Amendment. From and after the Expansion Space Commencement Date, (i) the Original Premises and the Expansion Space shall be collectively referred to as the “Premises”, and (ii) the Premises shall contain a total of approximately 12,218 rentable square feet.

Related to Base Rent for the Original Premises

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

  • 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.

  • 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.

  • LESSOR'S ACCESS; SHOWING PREMISES; REPAIRS Lessor and Lessor's agents shall have the right to enter the Premises at any time, in the case of an emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or lessees, and making such alterations, repairs, improvements or additions to the Premises or to the Building, as Lessor may reasonably deem necessary. Lessor may at any time place on or about the Premises or Building any ordinary "For Sale" signs and Lessor may at any time during the last one hundred eighty (180) days of the term hereof place on or about the Premises any ordinary "For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

  • 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 Rental (a) Lessee hereby agrees to pay to Lessor, without setoff or deduction whatsoever, a monthly installment of $3,284.00. Lessee shall also pay, as additional rent, all such other sums of money as shall become due from and payable by Lessee to Lessor under this Lease (Base Rental, any adjustment thereto pursuant to Section 4 hereof, and all such other sums of money due from and payable by Lessee pursuant to this Lease are sometimes hereinafter collectively called "rent"), for the nonpayment of which Lessor shall be entitled to exercise all such rights and remedies as are herein provided in the case of the nonpayment of Base Rental. The Base Rental, together with any adjustment or increase thereto then in effect, shall be due and payable in advance in twelve (12) equal installments on the first (lst) day of each calendar month during the term of this Lease, and Lessee hereby agrees so to pay such Base Rental and any adjustment or increase thereto to Lessor at Lessor's address provided herein (or such other address as may be designated by Lessor in writing from time to time) monthly, in advance, and without demand. If the term of this Lease commences on a day other than the first (lst) day of a month or terminates on a day other than the last day of a month, then the installments of Base Rental and any adjustments thereto for such month or months shall be prorated, and the installment or installments so prorated shall be paid in advance.

  • 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.

  • Minimum Rental Beginning with the Commencement Date and continuing through the Expiration Date or earlier termination of this Lease, Tenant shall pay Minimum Rental in accordance with the schedule set forth in Section 1(g) in equal monthly installments each in advance on or before the first day of each month. If the Commencement Date is a date other than the first day of a calendar month, the Minimum Rental shall be prorated daily from such date to the first day of the next calendar month and paid on or before the Commencement Date.

  • Rental Abatement Provided that any damage to either or both of the Property and the Premises is not caused by, or is not the result of acts or omissions by, any or all of Tenant and Tenant’s Parties, 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.

  • Monthly Rent The rent payable pursuant to Paragraph 5.A., as adjusted from time to time pursuant to the terms of this Lease.

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