Minimum Annual Rent Sample Clauses

Minimum Annual Rent. Tenant agrees to pay to Landlord the Minimum Annual Rent in equal monthly installments in the amount set forth in Section 1(d) (as increased at the beginning of each lease year as set forth in Section 1(d)), in advance, on the first day of each calendar month during the Term, without notice, demand or setoff, at Landlord's address designated at the beginning of this lease unless Landlord designates otherwise; provided that rent for the first full month shall be paid at the signing of this lease. If the Commencement Date falls on a day other than the first day of a calendar month, the rent shall be apportioned pro rata on a per diem basis for the period from the Commencement Date until the first day of the following calendar month and shall be paid on or before the Commencement Date. As used in this lease, the term "LEASE YEAR" means the period from the Commencement Date through the succeeding 12 full calendar months (including for the first lease year any partial month from the Commencement Date until the first day of the first full calendar month) and each successive 12 month period thereafter during the Term.
AutoNDA by SimpleDocs
Minimum Annual Rent. Tenant shall pay to Landlord the Minimum Annual Rent in the Monthly Rental Installments in advance, without demand, abatement, deduction or offset, on the Commencement Date and on or before the first day of each and every calendar month thereafter during the Lease Term. The Monthly Rental Installments for partial calendar months shall be prorated. Tenant shall be responsible for delivering the Monthly Rental Installments to the payment address set forth in Section 1.01(d) above in accordance with this Section 3.01.
Minimum Annual Rent. Lease Year 1: $273,130.00 per annum ($22,760.83 per month) Lease Year 2: $277,332.00 per annum ($23,111.00 per month) Lease Year 3: $281,534.00 per annum ($23,461.17 per month)
Minimum Annual Rent. 3 7. Operation of Property; Payment of Expenses..................... 3 8. Signs.......................................................... 4 9. Alterations and Fixtures ...................................... 5 10. Mechanics' Liens............................................... 5 11. Landlord's Right of Entry...................................... 5 12. Damage by Fire or Other Casualty............................... 5 13. Condemnation................................................... 6 14. Non-Abatement of Rent.......................................... 6 15.
Minimum Annual Rent. The minimum annual rent ("Minimum Annual Rent") payable by Lessee to Lessor shall be Ninety-Six Thousand Two Hundred Fifty and 00/100 Dollars ($96,250.00) per year, lawful money of the United States of America, payable in monthly installments in advance during the said term of this Lease in sums of Eight Thousand Twenty and 83/100 Dollars ($8,020.83) on the first day of each month, rent to begin from the Lease Commencement Date, the first installment to be paid on or before the Lease Commencement Date, subject to the requirements of subparagraph 2 (C), supra. The first installment of Minimum Annual Rent to be made during the occupancy of the Premises shall be adjusted to pro rate a partial month of occupancy, if any, at the inception of this Lease at the rate of Minimum Annual Rent in effect during the first Lease Year, i.e., the period of twelve (12) calendar months following the Lease Commencement Date. If the date of commencement of the term of this Lease shall be a day other than the first day of the calendar month, then the term of this Lease shall be deemed extended by the number of days between the Lease Commencement Date and the last day of said month, so that the term of this Lease shall expire five (5) years after such first day of the first calendar month following the Lease Commencement Date, unless extended or previously terminated, as herein set forth.
Minimum Annual Rent. 8 Section 4.2
Minimum Annual Rent. Tenant shall pay Minimum Annual Rent in twelve (12) equal monthly installments during each year of the Lease Term, in advance, on the first day of each calendar month, without setoff, deduction, prior notice or demand.
AutoNDA by SimpleDocs
Minimum Annual Rent. April 1, 1997 - March 31, 2002 $147,660.36 per year
Minimum Annual Rent. 7. Operation of Property; Payment of Expenses..............................................
Minimum Annual Rent. The minimum Annual Rent reserved hereunder shall be as specified in Section 1(a)(8) which shall be payable by Tenant to the Landlord during each Lease Year of the Lease Term in twelve (12) equal monthly installments of Basic Monthly Rent each as specified in Section (a)(9), due in advance, without notice or demand, and without set-off, deduction or abatement of any kind, on the first day of every calendar month thereafter during the Term. Rent shall be paid to Landlord (or its agent) as specified in Section 1(a)(18), or to such other persons or at such other address as Landlord may designate from time to time.
Time is Money Join Law Insider Premium to draft better contracts faster.