RENT AND ADJUSTMENTS TO RENT Sample Clauses

RENT AND ADJUSTMENTS TO RENT. 5.01. Except as otherwise expressly provided herein, during the term of this Lease, Tenant shall pay to Landlord, in equal monthly installments in advance, the "
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RENT AND ADJUSTMENTS TO RENT. Each Lease Year (as defined below) during the Term of this Lease, Tenant shall pay rent (“Annual Minimum Rent”) to the Landlord in consecutive monthly installments (“Monthly Minimum Rent”) due on the first day of each calendar month, without demand, deduction or setoff, payable to Landlord by U.S. Mail to Windsor Property Management Commercial Lockbox, X.X. Xxx 000000, Xxxxxxx, XX 00000-0000 or such other address as Landlord may specify in writing, all as shown on the following table (the “Minimum Rent Chart”): Lease Year Annual Minimum Rent Monthly Minimum Rent Annual Minimum Rent Per Rentable Square Foot Lease Year 1 Commencement Date $ 545,160.00 $ 45,430.00 $ 15.00 through March 31, 2015 Lease Year 2 April 1, 2015 through $ 560,151.90 $ 46,679.33 $ 15.41 March 31, 2016 Lease Year 3 April 1, 2016 through $ 575,556.08 $ 47,963.01 $ 15.84 March 31, 2017 Lease Year 4 April 1, 2017 through $ 591,383.87 $ 49,281.99 $ 16.27 March 31, 2018 Lease Year 5 April 1, 2018 through $ 607,646.93 $ 50,637.24 $ 16.72 March 31, 2019 Lease Year 6 April 1, 2019 through $ 624,357.22 $ 52,029.77 $ 17.18 March 31, 2020 Lease Year 7 April 1, 2020 through $ 641,527.04 $ 53,460.59 $ 17.65 March 31, 2021 Partial Year April 1, 2021 through N/A $ 54,930.75 N/A August 31, 2021 *The Minimum Rent Chart assumes that the Commencement Date is April 1, 2014. The Minimum Rent Chart is subject to Adjustment per Section 2.01. If the actual Commencement Date is later, then the dates set out in the Minimum Rent Chart shall be adjusted accordingly taking into account the annual rate increase every Lease Year, except that the Expiration Date shall remain unchanged and the Annual Minimum Rent amounts shall be adjusted, if necessary, because of any change in the actual Lease Years. Note: In addition to the Monthly Minimum Rent shown on the rent table above, Tenant shall also pay Additional Rent for Tenant’s proportionate share of increases in Direct Expenses as provided in Article 2 below. Monthly Minimum Rent for the first full month of the Term in which rent is not abated is due and payable with Tenant’s submission of the executed Lease to Landlord. If the Commencement Date is on a day other than the first day of a calendar month, then (i) such initial partial month shall be added to the first Lease Year, and (ii) the Tenant shall also pay, on or before the Commencement Date, rent to Landlord for the initial partial month (being the period from the Commencement Date through the end of that month)...
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RENT AND ADJUSTMENTS TO RENT. Each Lease Year (as defined below) during the Term of this Lease, Tenant shall pay rent (“Minimum Annual Rent”) to Landlord in consecutive monthly installments (“Monthly Minimum Rent”) due on the first day of each calendar month, without demand, deduction or setoff, payable to Landlord by U.S. Mail to Windsor Property Management Commercial Lockbox, X.X. Xxx 000000, Xxxxxxx, XX 00000-0000 or such other address as Landlord may specify in writing, all as shown on the following table (the “Minimum Rent Chart”): Lease Year* Minimum Annual Rent Minimum Monthly Rent Annual Minimum Rent per Rentable Square Foot Lease Year 1 $98,311.00 $8,192.58 $8.50 Lease Year 2 $105,481.92 $8,790.16 $9.12 Lease Year 3 $105,481.92 $8,790.16 $9.12 Lease Year 4 $108,142.10 $9,011.84 $9.35 Lease Year 5 $108,142.10 $9,011.84 $9.35 Lease Year 6 $113,578.12 (annualized) $9,464.84 $9.82 Monthly Minimum Rent for the first full month of the Term is due and payable with the Tenant’s execution of this Lease. If the Commencement Date is on a day other than the first day of a calendar month, then (i) such initial partial month shall be added to the first Lease Year, and (ii) Tenant shall pay, on or before the Commencement Date, rent to Landlord for the initial partial month (being the period from the Commencement Date through the end of that month), equal to the Monthly Minimum Rent for the first Lease Year, divided by thirty (30) and multiplied by the number of days remaining in the month, beginning with the Commencement Date and ending with the last day of the calendar month in which the Commencement Date occurs.
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RENT AND ADJUSTMENTS TO RENT. Each year during the Term of this Lease, Tenant shall pay rent (“Minimum Annual Rent”) to the Landlord in equal consecutive monthly installments (“Monthly Minimum Rent”) due on the first day of each calendar month, without demand, deduction or setoff, payable to Landlord at 100 Xxxxxxxxxxx Xxxxx, Xxxxx 0000, Xxxxxxxxxxx, Xxxxx Xxxxxxxx 00000. For the first year of the Term of this Lease, Tenant shall pay to Landlord Minimum Annual Rent in the amount of One Hundred Thousand Eight Hundred Forty Five and 16/100 Dollars ($100,845.16). which is calculated based on Rentable Square Feet times $9.88. For each year after the first year of the Term of this Lease, Tenant shall pay to Landlord Minimum Annual Rent in an amount equal to 102.5% of the previous year’s Minimum Annual Rent. The following chart sets forth the Minimum Annual Rent, the Monthly Minimum Rent, and the rental rate per rentable square foot for each year during the Term of this Lease: Minimum Annual Rent Monthly Minimum Rent Annual Rent Per Rentable Square Foot Year 1 (10/01/04 through 9/30/05) N/A $ 8,403.76 $ 9.88 Year 2 (10/1/05 through 9/30/06) $ 103,396.91 $ 8,616.41 $ 10.13 Year 3 (10/1/06 through 9/30/07) $ 105,948.66 $ 8,829.06 $ 10.38 Year 4 (10/1/07 through 9/30/08) $ 108,602.48 $ 9,050.21 $ 10.64 Year 5 (10/1/08 through 9/30/09) $ 111,358.37 $ 9,279.86 $ 10.91 Partial Year (10/1/09 through 1/31/10) N/A $ 9,509.52 $ 11.18 If the Term commences on any day other than the first day of a calendar month, then the Tenant shall pay, on or before the Commencement Date, rent to Landlord for the initial partial month (being the period from the Commencement Date through the end of that month), equal to the Monthly Minimum Rent for the first year of the Term of this Lease, divided by thirty (30) and multiplied by the number of days remaining in the month, beginning with the Commencement Date and ending with the last day of the calendar month in which the Commencement Date occurs.
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RENT AND ADJUSTMENTS TO RENT. Delete the "Minimum Rent Chart" shown under the first paragraph and insert the following in its place: Lease Year Annual Minimum Rent Monthly Minimum Rent Annual Minimum Rent Per Rentable Square Foot Lease Year 1 $ 545,160.00 $ 45,430.00 $ 15.00 Commencement Date through first 12 full months Lease Year 2 $ 560,151.90 $ 46,679.33 $ 15.41 Months 13 through 24 Lease Year 3 $ 575,556.08 $ 47,963.01 $ 15.84 Months 25 through 36 Lease Year 4 $ 591,383.87 $ 49,281.99 $ 16.27 Months 37 through 48 Lease Year 5 $ 607,646.93 $ 50,637.24 $ 16.72 Months 49 through 60 Lease Year 6 $ 624,357.22 $ 52,029.77 $ 17.18 Months 61 through 72 Lease Year 7 $ 641,527.04 $ 53,460.59 $ 17.65 Months 73 through 84 Partial Year N/ A $ 54,930.75 N/ A Months 85 through 89
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RENT AND ADJUSTMENTS TO RENT. As of the Expansion Space Commencement Date, Section 1.04 of the Lease is revised as follows:
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Related to RENT AND ADJUSTMENTS TO RENT

  • Base Rent and Additional Rent Tenant shall pay to Landlord the following amounts as rent for the Premises:

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

  • Minimum Rent The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

  • 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.

  • Fixed Rent Tenant agrees to pay to Landlord, 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 (1/12th) of the Annual Fixed Rent specified in Section 1.1 hereof. Until 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 Boston Properties Limited Partnership, as agent of Landlord. All remittances received by BOSTON PROPERTIES LIMITED PARTNERSHIP, as agent as aforesaid, or by any subsequently designated recipient, shall be treated as a payment to Landlord. 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 Rent 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 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. The Annual Fixed 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.

  • Rent Adjustments 4.1 For the purpose of this Article 4, the following terms are defined as follows:

  • Additional Rental Lessee shall pay and discharge, as additional rental (“Additional Rental”), all sums of money required to be paid by Lessee under this Lease which are not specifically referred to as Rental. Lessee shall pay and discharge any Additional Rental when the same shall become due, provided that amounts which are billed to Lessor or any third party, but not to Lessee, shall be paid within thirty (30) days after Lessor’s demand for payment thereof or, if later, when the same are due. In no event shall Lessee be required to pay to Lessor any item of Additional Rental that Lessee is obligated to pay and has paid to any third party pursuant to any provision of this Lease.

  • Base Rent Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • 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.

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