Rental and Other Payments. A. If the Effective Date is a date other than the first day of the month, Lessee shall pay Lessor on the Effective Date the Base Monthly Rental prorated on the basis of the ratio that the number of days from the Effective Date through the last day in the month containing the Effective Date bears to the number of days in such month. Thereafter, on or before the first day of each succeeding calendar month, Lessee shall pay Lessor in advance the Base Monthly Rental.
Rental and Other Payments. (a) The start of the lease term is the date on which DSMBI substantially completes its scope of work for installation, unless otherwise agreed to among the parties. Monthly rental will accrue through and including the month in which the later of the Return Date or End of the Term occurs. The “Return Date” is the date on which the Equipment is returned to DSMBI in accordance with the terms of this Lease. The “End of the Term” is the date on which the term of this Lease is to expire either originally, under a renewal term or under month-to month renewals as contemplated by this Lease, Rental and such other charges will be prorated on a daily basis where necessary. Unless other wise specified in this Lease, charges for delivery and installation, initial month’s rent and any applicable initial charges as outlined on the front of this agreement will be due and payable at the start of the lease term, and charges for teardown and return will be due and payable at the earlier of the Return Date or the End of Term. After payment of the initial month’s rent, each month’s rent thereafter is due and payable without demand and in advance (i) at the end of each thirty (30) day period following the commencement of the lease term, if a rental month is defined on the first page of this Lease as a thirty-day period or (ii) on the first of each month immediately following the month in which this lease commences, if a rental month is defined on the first page of this Lease as a calendar month. All other sums payable by Customer under this Lease are due and payable when invoiced. Unless agreed otherwise, all payments made under this Lease will be made by Customer’s check drawn on its regular bank checking account or such other form of payment as is acceptable to DSMBI. All payments by Customer will be made without setoff or deduction of any kind.
Rental and Other Payments. 5 2.1 Basic Rent 5 2.1.1 Free Rent Periods 5 2.2 Additional Rent 5 2.3 Rental Deposit 6
Rental and Other Payments. 1 2.1 Basic Rent 1 2.2 Additional Rent 1 2.3 Delinquent Rental Payments 1 2.4 Independent Obligations 1
Rental and Other Payments. (a) You must pay us the rental payments in the amount and frequency as set out in the Schedule.
Rental and Other Payments. A. If the Effective Date is a date other than the first day of the month, Lessee shall pay Lessor on the Effective Date the Base Monthly Rental prorated on the basis of the ratio that the number of days from the Effective Date through the last day in the month containing the Effective Date bears to the number of days in such month. Thereafter, on or before the first day of each succeeding calendar month, Lessee shall pay Lessor in advance the Base Monthly Rental. The payments of the Base Monthly Rental shall be made to such account or accounts as Lessor shall designate to Lessee from time to time.
Rental and Other Payments. A. Tenant shall pay to Landlord during the Term rental of $69,568.00 per year, payable in installments of $5,797.33 per month commencing on July 1, 2011. Such rent represents Landlord’s Basic Rent of $69,568.00 per annum ($5,797,33/month) under the Master Lease. Each installment payment shall be due in advance on the first day of each calendar month during the lease term to Landlord at 0000 Xxxxxxx Xxxxx Parkway, Everett WA 98203 or at such other place designated by written notice from Landlord or Tenant. The rental payment amount for any partial calendar months included in the lease term shall be prorated on a daily basis.
Rental and Other Payments. (a) Rental (the “Base Rent”) shall be paid in advance on or before the first day of each month, together with applicable tax thereon as follows: 1ST YEAR APRIL 3, 2023 THRU APRIL 31, 2024 the rent will be $ 68,10.25 per month; payable on the 1st day of each month. 2ND YEAR MAY 1, 2024 THRU APRIL 31, 2025 the rent will be $ 70,184.46 per month; payable on the 1st day of each month. 3RD YEAR MAY 1, 2025 THRU APRIL 31, 2026 the rent will be $ 72,289.99 per month; payable on the 1st day of each month. 4TH YEAR MAY 1, 2026 THRU APRIL 31, 2027 the rent will be $ 74,458.69 per month; payable on the 1st day of each month. 5TH YEAR MAY 1, 2027 THRU APRIL 31, 2028 the rent will be $ 76,692.45 per month; payable on the 1st day of each month. 6TH YEAR MAY 1, 2028 THRU APRIL 31, 2029 the rent will be $ 78,993.22 per month; payable on the 1st day of each month. 7TH YEAR MAY 1, 2029 THRU APRIL 31, 2030 the rent will be $ 81,363.02 per month; payable on the 1st day of each month. 8TH YEAR MAY 1, 2030 THRU APRIL 31, 2031 the rent will be $ 83,803.91 per month; payable on the 1st day of each month. 9TH YEAR MAY 1, 2031 THRU APRIL 31, 2032 the rent will be $ 86,318.03 per month; payable on the 1st day of each month. 10TH YEAR MAY 1, 2032 THRU APRIL 31, 2033 the rent will be $ 88,907.57 per month; payable on the 1st day of each month. 11TH YEAR MAY 1, 2033 THRU APRIL 31, 2034 the rent will be $ 91,574.80 per month; payable on the 1st day of each month. 12TH YEAR MAY 1, 2034 THRU APRIL 31, 2035 the rent will be $ 94,322.04 per month; payable on the 1st day of each month. 13TH YEAR MAY 1, 2035 THRU APRIL 31, 2036 the rent will be $ 97,151.70 per month; payable on the 1st day of each month.. 14TH YEAR MAY 1, 2036 THRU APRIL 31, 2037 the rent will be $ 100,066.25 per month; payable on the 1st day of each month. 15TH YEAR MAY 1, 2037 THRU APRIL 31, 2038 the rent will be $ 103,068.24 per month; payable on the 1st day of each month. 16TH YEAR MAY 1, 2038 THRU AUGUST 31, 2039 the rent will be $ 106,160.29 per month; payable on the 1st day of each month. In the event any sales, use or similar tax is ever imposed, Lessee shall be responsible for paying above the current Rent. For clarity and avoidance of doubt, in no event shall Lessee be responsible for any state or federal income taxes imposed on Lessor.
Rental and Other Payments. A. The First Interim Base Rental shall accrue as of the First Disbursement Date, Interim Base Rental shall accrue as of the Disbursement Date of the applicable Interim Disbursement, and the Substantial Completion Interim Base Rental shall accrue as of the Completion Date. The Interim Term Rental shall not be paid by Lessee, but shall be capitalized in the Base Annual Rental as of the date of accrual.
Rental and Other Payments. If the Effective Date is a date other than the first day of the month, no Base Monthly Rental shall be due from Lessee to Lessor for the month in which the Effective Date falls. Thereafter, on or before the first day of each succeeding calendar month, Lessee shall pay Lessor in advance the Base Monthly Rental. All sums of money required to be paid by Lessee under this Lease which are not specifically referred to as rent ("Additional Rental") shall be considered rent although not specifically designated as such. Lessor shall have the same remedies for nonpayment of Additional Rental as those provided herein for the nonpayment of Base Annual Rental.
