SUBLEASE PAYMENTS. A. District shall pay Lessor sublease payments (“Sublease Payments”) in accordance with the provisions in Exhibit "C" of this Sublease. The District shall have no obligation to make Sublease Payments hereunder in the event the Effective Date of this Sublease does not occur as a result of District’s inability to issue a Notice to Proceed for the Project pursuant to the provisions of Section 5 of the Construction Services Agreement.
SUBLEASE PAYMENTS. After the parties execute the Memorandum of Commencement ("MOC") Date, attached as Exhibit "D" of this Sublease, the District shall pay to Contractor Dollars ($ ) ("Sublease Payment(s)"), as indicated below.
SUBLEASE PAYMENTS. A. District shall pay Lessor sublease payments (the “Sublease Payments”) for the improvements, use and occupancy of the Project and Site. The obligation of the District to pay Sublease Payments hereunder shall constitute a current expense of the District and shall not in any way be construed to be a debt of the District in contravention of any applicable constitutional or statutory limitations or requirements concerning the creation of indebtedness by the District, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or moneys of the District. The Sublease Payments, which the parties acknowledge and agree, are good and sufficient consideration for the improvements and the District’s use and occupancy of the Project and the Site.
SUBLEASE PAYMENTS. Subtenant shall pay to Tenant sublease payments of $12,023.81 per month, payable in advance on the first day of each month, for a total sublease payment of $312,619.06 over the life of the lease. Sublease payments shall be made to Tenant at 9000 Xxxxx Xxxxx Xxxxxxxxx, XX 00000, which may be changed from time to time by Tenant.
SUBLEASE PAYMENTS. A. District shall pay Lessor lease payments (the "Sublease Payments") in the amount of on the first day of each month at the office of the Lessor or to such other person or at such other place as the Lessor may from time to time designate in writing. In no event shall the sum of the Sublease Payments due hereunder and/or any Sublease Prepayments exceed the GMP as it may be revised by the District from time to time in accordance with the provisions set forth in the Construction Services Agreement. The Sublease Payments shall be adjusted to reflect any adjustment to the GMP agreed to in writing by the District and the Contractor. The District shall have no obligation to make Sublease payments hereunder in the event the Effective Date of this Sublease does not occur as a result of District's inability to issue a Notice to Proceed for the Project pursuant to the provisions of Section 5 of the Construction Services Agreement.
SUBLEASE PAYMENTS. A. District shall pay Lessor lease payments (the "Sublease Payments") in the amount of [INSERT SUBLEASE PAYMENT(S) AND SCHEDULE] for the term of months , on the first day of each month at the office of the Lessor or to such other person or at such other place as the Lessor may from time to time designate in writing. A copy of the Sublease Payment Schedule is attached hereto as Exhibit “E.“ In no event shall the sum of the Sublease Payments due hereunder and/or any Sublease Prepayments exceed the GMP as it may be revised by the District from time to time in accordance with the provisions set forth in the Construction Services Agreement. The Sublease Payments shall be adjusted to reflect any adjustment to the GMP agreed to in writing by the District and the Contractor. The District shall have no obligation to make Sublease payments hereunder in the event the Effective Date of this Sublease does not occur as a result of District's inability to issue a Notice to Proceed for the Project pursuant to the provisions of Section 5 of the Construction Services Agreement. The District shall also have no obligation to pay Sublease payments in the event the funds remaining available to make Sublease payments have been exhausted due to Project funds being withheld due to stop notices, disputed work, and/or retention funds from Sublease Prepayments made pursuant to Section 26 below.
SUBLEASE PAYMENTS. A. District shall pay Lessor lease payments (the "Sublease Payments") in the amount of TO BE DETERMINED Dollars ($TBD) on the first day of each month for TBD (TBD) months, and TO BE DETERMINED ($TBD) in month TO BE DETERMINED (TBD), at the office of the Lessor or to such other person or at such other place as the Lessor may from time to time designate in writing. In no event shall the sum of the Sublease Payments due hereunder and/or any Sublease Prepayments exceed the GMP as it may be revised by the District from time to time in accordance with the provisions set forth in the Construction Services Agreement. The Sublease Payments shall be adjusted to reflect any adjustment to the GMP agreed to in writing by the District and the Contractor. The District shall have no obligation to make Sublease payments hereunder in the event the Effective Date of this Sublease does not occur as a result of District's inability to issue a Notice to Proceed for the Project pursuant to the provisions of Section 5 of the Construction Services Agreement.
SUBLEASE PAYMENTS. (a) Owner will pay to the Contractor twenty two (22) monthly installments, (each such installment being a “Sublease Payment”), in the amount to be included in Exhibit A. The Sublease Payments are intended to cover the cost of all general conditions and general requirements through substantial completion. Following substantial completion, the Sublease Payments shall be paid from the Retention as set forth in the Lease-Leaseback Agreement.
SUBLEASE PAYMENTS. (a) The Owner shall pay Contractor lease payments (the “Sublease Payments” and each individually a “Sublease Payment”) monthly as set forth in Exhibit A hereof, at the office of Contractor or to such other person or at such other place as Contractor may from time to time designate in writing.
SUBLEASE PAYMENTS. (a) Over the Term of this Sublease, the owner will pay to the Contractor the Total Sublease Amount for Phase (excluding any allowances or contingencies) in ( ) equal monthly installments (each such installment being a “Sublease Payment”) pursuant to the Schedule of Sublease Payments which shall be prepared based on the form attached as Exhibit A, executed by the Contractor, and then approved by the Owner’s governing board when it approves the Total Sublease Amount for Phase pursuant to Education Code section 17406(a)(3). [repeat the previous sentence for each phase] Upon execution by the Parties and approval by the Owner’s governing body, the Schedule of Sublease Payments shall act as a written amendment to this Sublease. Payments shall be made by the fifth day of each month, pursuant to the General Conditions. The Sublease Payments shall be made in accordance with the Contract Documents, including but not limited to the General Conditions. The parties expressly agree that the Total Sublease Amount represents the fair market value for the Work and for the Owner’s use of the Site during the term of the Sublease.
