Periodic Rent Sample Clauses

Periodic Rent. During the Lease Term, Lessee shall pay to Lessor Periodic Rent on each Payment Date in the amount determined in accordance with the definition of "Periodic Rent".
Sample 1
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Periodic Rent. Lessee hereby agrees to pay Lessor Periodic Rent for the Unit in 100 consecutive quarterly installments, each in an amount equal to 1.93478% of Lessor's Cost of the Unit, payable on the Periodic Rent Payment Dates.
Sample 1
Periodic Rent. 1 SECTION 3.2. Supplemental Rent..................................................1 SECTION 3.3. Place and Manner of Payment........................................2 SECTION 3.4.
Sample 1
Periodic Rent. As part consideration for this Agreement and as rent for the use of the Leased Property Developer agrees to pay City the amounts set forth on Exhibit A attached hereto for each parking space included in the Leased Property for the applicable time period. Rent will be payable without demand, deduction, discount, set-off and/or notice in advance in monthly installments and will be due on the first (1st) day of the lease Term and the monthly anniversary thereafter. All payments will be made by check or money order and will be made payable to the order of the: City of Wichita, Kansas. All payment installments will be mailed or hand delivered to the Office of Property Management, 13th Floor, City Hall, 000 Xxxxx Xxxx Xxxxxx, Xxxxxxx, 00000 on or before each monthly due date, until and unless such address is changed as City may specify from time to time by written notice delivered as stated hereinafter. Developer will be responsible for a late fee equal to 5% of any rent not paid by the due date.
Sample 1
Periodic Rent. 6 (c) Place of Payment ................................................ 6 (d) Overdue Payments ................................................ 6 (e) Sufficiency of Periodic Rent .................................... 6
Sample 1
Periodic Rent. 2 SECTION 3.2
Sample 1
Periodic Rent. Interim Rent shall be due and payable in full on the Primary Start Date. Interim Rent is computed by multiplying the Total Equipment Cost by the Per Diem Lease Rate set forth on the attached Schedule A and multiplying the product by the number of days in the Interim Term. For the Primary Term, Periodic Rent is due and payable in full beginning on the Payment Commencement Date and continuing at the Payment Frequency and for the Number of Payments specified herein. Periodic Rent is computed by multiplying the Total Equipment Cost by the periodic Lease Rate set forth on the attached Schedule A. Lessee shall also pay to Lessor a fee in the amount indicated on the attached Schedule A under the heading "Documentation Fee" as reimbursement for fees owed by Lessor relating to Uniform Commercial Code Financing Statements to be filed in connection with the acquisition of the Equipment. Such fees shall be due and payable on the Payment Commencement Date. In the event the Total Equipment Cost for the Equipment described herein contains soft costs, including, but not limited to software, installation, RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO. A-10A PAGE TWO freight, testing, maintenance agreements, registration and licensing fees, or federal excise tax (each a "Soft Cost" and collectively the "Soft Costs"), each being understood by the parties hereto to have limited residual value, Lessee shall pay to Lessor, in the event Lessee does not exercise its option to renew the Rental Schedule upon the Lease Expiration Date for a term of twelve (12) months or more, in addition to the final payment of Periodic Rent due hereunder, an executory fee equal to ten percent (10%) of the total amount of Soft Costs included in the Total Equipment Cost for the Rental Schedule.
Sample 1
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Periodic Rent. Increase The Base Rent payable hereunder by Tenant to Landlord shall be increased during the term hereof in increments as set forth in Section 1(h) hereof. No delay or failure by Landlord to enforce this provision or any part thereof as to Tenant, or to enforce similar or dissimilar provisions in other leases in use as to any other tenants in the Shopping Center, shall be deemed to be a waiver hereof, or prevent any subsequent or other enforcement hereof.
Sample 1
Periodic Rent. During the Lease Term, on each Payment Date, each Lessee shall pay to Lessor Periodic Rent for each Facility which it from time to time leases hereunder in an amount equal to the product of the Allocated Share for the Lease Supplement to which such Facility pertains and the aggregate Periodic Rent then due for all Facilities then subject to this Master Lease.
Sample 1

Related to Periodic Rent

  • 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.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.

  • Monthly Rent The rent amount for the initial period shall be: _ Dollars ($_ ) paid on the _ (#) day of every month and: (check one) ☐ - Shall remain the same during the Initial Term. ☐ - Shall increase during the Initial Term as follows: 1st Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) 2nd Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ )

  • Fixed Rent Tenant agrees to pay to Landlord, commencing on the Rent Commencement Date, and thereafter monthly, in advance, on the first day of each and every calendar month during the Original Lease Term, a sum equal to one-twelfth (1112th) of the Annual Fixed Rent specified in Section 1.2 hereof and on the first day of each and every calendar month during the Extended Term (if exercised), a sum equal to one-twelfth of the Annual Fixed Rent as determined in Section 3.2 for the Extended Term. Until written notice of some other designation is given, fixed rent and all other charges for which provision is herein made shall be paid by remittance to or for the order of Landlord as follows: c/o Samuels & Associates, 000 Xxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000. Annual Fixed Rent for any partial month shall be paid by Tenant to Landlord at such rate on a pro rata basis, and, if the Rent Commencement Date shall be other than the first day of a calendar month, the first payment of Annual Fixed Rent which Tenant shall make to Landlord shall be a payment equal to a proportionate part of such monthly Annual Fixed Rent for the partial month from the Rent Commencement Date to the first day of the succeeding calendar month. Additional Rent payable by Tenant on a monthly basis, as elsewhere provided in this Lease, likewise shall be prorated, and the first payment on account thereof shall be determined in similar fashion and shall commence on the Commencement Date and other provisions of this Lease calling for monthly payments shall be read as incorporating this undertaking by Tenant. Notwithstanding that the payment of Annual Fixed Rent, Operating Expenses Allocable to the Premises and the Tax Excess payable by Tenant to Landlord shall not commence until the Rent Commencement Date, Tenant shall be subject to, and shall comply with, all other provisions of this Lease as and at the times provided in this Lease. Except as expressly otherwise set forth in this Lease, the Annual Fixed Rent, Additional Rent and all other charges for which provision is made in this Lease shall be paid by Tenant to Landlord without setoff, deduction or abatement.

  • Additional Rent In addition to Base Rent, Tenant agrees to pay to Landlord as additional rent (“Additional Rent”): (i) Tenant’s Share of “Operating Expenses” (as defined in Section 5), and (ii) any and all other amounts Tenant assumes or agrees to pay under the provisions of this Lease, including, without limitation, any and all other sums that may become due by reason of any default of Tenant or failure to comply with the agreements, terms, covenants and conditions of this Lease to be performed by Tenant, after any applicable notice and cure period.

  • Base Monthly Rent Commencing on the Commencement Date and continuing throughout the Lease Term, Tenant shall pay to Landlord the Base Monthly Rent set forth in Section K of the Summary.

  • Rent The Tenant shall pay the Landlord, in equal monthly installments, $ ("Rent"). The Rent shall be due on the of every month (“Due Date”) and paid under the following instructions: .

  • Annual Rent LESSEE covenants and agrees to pay as rent to LESSOR the sum of ($ ) for the first year of this lease which shall be due at the time of approval by the Board of Education. Subsequent payment of annual rent shall be due on or before the anniversary date of this Lease Agreement. The obligation of LESSEE to pay rent under this Lease Agreement is unconditional, and the rent shall not be subject to set off for any reason or cause. LESSOR and LESSEE agree that in the event of termination or cancellation, any rental payment made during the term of this Lease Agreement is not refundable, and LESSEE waives any right or claim it may have to refund of rent paid. Rents shall be adjusted annually pursuant to the rent adjustment clause contained in Paragraph 3 of this Lease Agreement. In the event LESSEE is delinquent in the payment of rent, LESSEE shall pay a late charge equal to fifteen percent (15%) of the amount of rent past due for more than 30 days and thereafter shall pay interest on any rent past due at an annual rate (the "Default Rate") equal to the maximum rate then allowed by law or, if there is no maximum rate, then a rate equal to five percent per annum above the discount rate, excluding any surcharge thereon, on ninety-day commercial paper in effect at the Federal Reserve Bank in the Federal Reserve district in which LESSOR is located, calculated according to the actuarial method.

  • Holdover Rent Landlord and Tenant recognize that the damage to Landlord resulting from any failure by any Tenant Party to timely surrender possession of the Premises may be substantial, may exceed the amount of the Rent theretofore payable hereunder, and will be impossible to accurately measure. Tenant therefore agrees that if possession of the Premises is not surrendered to Landlord within twenty-four (24) hours after the Expiration Date, excluding Unavoidable Delays, or sooner termination of the Term, in addition to any other rights or remedies Landlord may have hereunder or at law, Tenant shall pay to Landlord for each month (notwithstanding that any holdover may be for a period of less than a calendar month) during which any Tenant Party holds over in the Premises after the Expiration Date or sooner termination of the Term, a sum equal to (i) one and one-half (11/2) times the Rent payable under this Lease for the last full calendar month of the Term determined on a gross basis for the first one hundred twenty (120) days of holdover and (ii) two (2) times the Rent payable under this Lease for the last full calendar month of the Term determined on a gross basis from the one hundred twenty-first (121st) day of holdover until Tenant vacates the Premises and delivers possession to Landlord; and Tenant shall be liable to Landlord for any payment or rent concession (including, without limitation, any consequential damages, but excluding any non-customary excessive penalties provided for in the New Tenant’s (as hereinafter defined) lease) which Landlord may be required to make to any tenant obtained by Landlord for all or any part of the Premises (a “New Tenant”) in order to induce such New Tenant not to terminate its lease by reason of the holding-over by any Tenant Party, and the loss of the benefit of the bargain if any New Tenant shall terminate its lease by reason of the holding-over by any Tenant Party, and indemnify Landlord against all claims for damages by any New Tenant. No holding-over by any Tenant Party, nor the payment to Landlord of the amounts specified above, shall operate to extend the Term hereof, nor constitute any tenancy other than a “month to month” tenancy at will. Nothing herein contained shall be deemed to permit any Tenant Party to retain possession of the Premises after the Expiration Date or sooner termination of this Lease, and no acceptance by Landlord of payments from any Tenant Party after the Expiration Date or sooner termination of the Term shall be deemed to be other than on account of the amount to be paid by Tenant in accordance with the provisions of this Article 20, nor shall it operate as a waiver of Landlord’s right of re-entry or any other right or remedy of Landlord under this Lease. All of Tenant’s obligations under this Article 20 shall survive the expiration or earlier termination of the Term of this Lease.

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