Rent Security Deposit. As Rent for the Premises, the Tenant shall pay to the Landlord all of the following:
Rent Security Deposit a. As rent for the Premises, the Tenant shall pay unto the City Nine Thousand One Hundred Fifty Dollars and No Cents ($9,150.00) (the “Rent”), which Rent is equal to $25.00 per day per marked parking space. The Rent shall be due and payable in full, in advance, no later than May 1st, without deduction, setoff or counterclaim whatsoever, and without demand. All payments shall be made payable to the “City of Annapolis” and shall be sent or delivered to the Finance Director, Finance Department, City Hall, 000 Xxxx xx Xxxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx 00000.
Rent Security Deposit. (a) Subtenant shall pay to Sublandlord, monthly on or before three (3) business days prior to the first day of each calendar month throughout the Sublease Term, rental for the Sublease Premises equal to the sum of (i) Fifty-Two Thousand Five Hundred Dollars ($52,500) per month from the Sublease Commencement Date through April 30, 2004, Seventy-Six Thousand Thirty-Two Dollars ($76,032) per month from May 1, 2004 through October 31, 2004, Seventy-Eight Thousand Five Hundred Sixty-Six and 40/100ths Dollars ($78,566.40) from November 1, 2004 through October 31, 2005, Eighty-One Thousand One Hundred and 80/100ths Dollars ($81,100.80) from November 1, 2005 through December 31, 2006 (“Subtenant’s Base Rent”); (ii) Subtenant’s Additional Rent (as defined in Paragraph 4(b)); and (iii) any other amounts, charges, expenses or sums Subtenant is required to pay under this Sublease (collectively, “Subtenant’s Rent”). Subtenant shall remain responsible for Subtenant’s Rent and any other amounts or charges which first arise, accrue or are invoiced at any time during or after the expiration of the Sublease Term, whether by Sublandlord or Master Landlord, to the extent they arise or accrue from any liabilities or obligations of Subtenant under the provisions of this Sublease (including any provisions of the Master Lease which are incorporated herein as liabilities or obligations of Subtenant). Notwithstanding anything to the contrary contained herein, Subtenant shall pay in advance to Sublandlord, upon execution of this Sublease, Subtenant’s Base Rent payable for the first month of the Sublease Term.
Rent Security Deposit. The Tenant has deposited with Landlord the sum of Two Thousand Two Hundred Dollars ($2,200) which is equal to one (1) month’s Base Rent) which shall represent a non-interest-bearing rent security deposit for the full and faithful performance by the Tenant of its obligations under this Lease, which sum shall be retained by the Landlord during the continuance of this Lease. In the event that Landlord builds a fixed dock the security deposit amount will increase $1,000 to $3,200 when/if the dock is completed and approved for use. In the event that the lease term is extended to provide for an increase in the Base Rent, Revenue Sharing Additional Rent or Dock Rent amount, Tenant shall thereupon pay to Landlord such additional sums as are necessary to maintain a security deposit always equal to one monthly rental installment of the Base Rent and Dock Rent. The Landlord may charge the security deposit for any amounts due from, but not paid by, the Tenant. If the Landlord does so, the Tenant shall promptly upon demand replenish the security deposit up to the required level. Failure to do so shall constitute a default under this Lease. If the Tenant is not in default and causes no loss to the Landlord, whether loss of rents or by damage, injury or otherwise, then the security deposit shall be paid back by the Landlord to the Tenant upon the termination of this Lease without interest.
Rent Security Deposit. 4.1 Subtenant, in consideration of this Sublease agrees to pay to Sublandlord as rent ("Base Rent") the amounts set forth in SECTION 1.1 hereof. Base Rent is payable in advance and without demand, at Sublandlord's office (or such other location as Sublandlord shall designate) by check in equal monthly installments, on the first day of each month during the Sublease Term without any set-off, off-set, abatement or reduction whatsoever, except as herein provided. Subtenant's failure to receive an invoice from Sublandlord for the rent shall not-relieve Subtenant from its obligation of timely payment hereunder.
Rent Security Deposit. 4.1 The agreed rent consists of • The main rent base amount of €8.00/m2 net per month for office premises, laboratory premises and the other premises and areas; • The main rent supplement, the amount of which is dependent on the investments (renovations and conversions) made to the lease object by CONTRA: 8 % of the investment costs, divided according to office premises and laboratory premises, shall be required for the contractual year. Per month and square metre, the supplement shall thus be one-twelfth of these respective amounts, divided by the corresponding usable area. These supplements shall not exceed (net monthly respectively): • for the office space €3.20/m2, • for the biology laboratory space, animal unit and biology laboratory side rooms €14.00/m2, • for the chemistry laboratory space and the chemistry laboratory side rooms €14.00/m2, • for the remaining premises and areas €3.20/m2. According to current calculations, the required supplements will reach the aforementioned maximum amounts. Based on the current planning status, the main rent (MR) for the office space, laboratory space and other premises and areas shall thus be (monthly net respectively): m2 MR-base amount per m2 MR- supplement per m2 MR in total per m2 results in MR of: Chemistry laboratory space and chemistry laboratory side rooms: 412 8,00 14,00 22,00 9.064,00 Additional areas: 738 8,00 3,20 11,20 8.265,60 Totals: 2.888 44.787,20 The investment for infrastructural measures, e.g. freight lift, shall be borne by CONTRA and not charged to the Tenant; • The remuneration for the laboratory furniture depending on its procurement costs: one-twelfth of eight per cent of these procurement costs shall be billed monthly net; • The proportion of operating costs and public charges pursuant to section 4.4; • Statutory value-added tax. The main rent (net) shall reduce by the pro rata funding of the Vienna Business Agency. The crediting of the funding to the main rent shall be effected according to the guidelines of the Viennese Structural Improvement Action 2005 by reducing the investment costs to be transferred to the Tenant. The reduction of the main rent shall be carried out only if the Tenant is eligible under the Viennese Structural Improvement Action 2005. The above values do not include the reduction by said funding.
Rent Security Deposit. 4.1 Base Rent and all other amounts due under this Lease (collectively, “Rent”) shall accrue hereunder from the Rent Commencement Date, and shall be payable to Landlord at 000 Xxxxxxxx, LLC 000 Xxxxxx Xx. Xxxxx 000, Xxxxxxxxx, XX 00000 (or at such other place as Landlord may designate in writing from time to time), without demand and without set-off or deduction, for any reason whatsoever. Landlord has agreed to provide Tenant with reduced Base Rent at $20.00 per rentable square feet of Floor Area and a cap of Net Charges at $6.50 per rentable square of Floor Area for the first Lease Year. As consideration for this rent reduction, Tenant shall provide Landlord with an Equity Interest (the “Equity Interest”) in a yet to be determined theater production entity which is an affiliate of Tenant. Landlord acknowledges that in no case will any distributions from such entity to Landlord take place until the return of the OPBC to the initial investors has been paid or fully accrued. The terms of such Equity Interest shall be subject to Landlord’s reasonable approval and set forth in the Equity Interest grant documents. The parties agree that if Tenant opens for business before the Rent Commencement Date, no Rent will be charged to Tenant until the Rent Commencement Date. However, if Tenant has not opened for business on the Rent Commencement Date, then Rent shall commence at fifty percent (50%) of actual Base Rent and one hundred percent (100%) of Net Charges for either: (i) the following two full calendar months from the Rent Commencement Date, or (ii) until the opening of business, whichever occurs first. Thereafter, Tenant shall pay one hundred percent (100%) of Base Rent and one hundred percent (100%) of Net Charges as set forth in the Lease. In accordance with Section 3.1, Tenant agrees to open the Premises for business no later than twelve (12) months following the delivery of Premises by Landlord.
Rent Security Deposit. 1.1 The total Contract Rent is $ per month.
Rent Security Deposit. Tenant shall pay as rent for the Premises the following amounts (each of which shall be considered rent and all of which are collectively referred to in this Lease as "Rent"):
