Base Rental definition

Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term as set forth in the Base Rental Agreement by and between Landlord and Tenant, in the form attached hereto as Exhibit B, to be executed and delivered to Landlord before the Commencement Date; provided, however, that Base Rental for the first year of Term for the Premises shall be as follows: Year Per Square Foot Banking Facility Per Square Foot Remote Drive Thru Total Per Annum Total Per Month 1 $33 $21 $113,436 $9,453.00

Examples of Base Rental in a sentence

• Such period is called the “Renewal Term.” The Renewal Term shall be upon the same terms contained in this Lease, except that (i) Landlord shall have no obligation to provide Tenant with any Tenant Improvement Allowance or demolition in connection with the Renewal Term, (ii) the Base Rental during the Renewal Term shall be $13,060.00 and increase 3.5% annually during each year of the Renewal Term.

• On the basis of such review the City has reasonably concluded that Environmental Regulations are unlikely to have a material adverse effect on the Project or the ability of the City to pay any Base Rental or Additional Rental or any of its obligations hereunder or under any other Related Document.

• The Corporation acknowledges and agrees that all payments (including principal and interest) due hereunder in respect of Bank Bonds and Reimbursement Obligations shall be payable from Base Rental and all other Obligations shall constitute costs and expenses of the Corporation payable as Additional Rental.

• The Corporation has validly assigned to the Trustee all of the rights of the Corporation to receive the Base Rental as security for (a) the punctual payment of interest and principal due with respect to the Bonds and (b) to reimburse any Credit Provider (as defined in the Indenture) for payment in respect of the punctual payment of interest and principal due with respect to the Bonds.

• The City will not issue or authorize the issuance of any obligations payable from Base Rental or Additional Rental due under the Project Lease other than the Bonds and the Bank Bonds.

More Definitions of Base Rental

Base Rental means the highest minimum guaranteed rental charged during the lease term in which the adjustment of rental is computed.

Base Rental means the “Base Rental” set forth in the Basic Lease Terms.

Base Rental and “Base Rental Payments” means all amounts payable to the Authority from the County as Base Rental Payments pursuant to Section 3.01 hereof.

Base Rental. The total sum of $247,500.00 payable to Lessor at 901 St. Louis Street, Suite 106, Springfield, Missouri 65806, or sucx xxxxx xxxxx xx xxx xx xxxxxxxxxx xx Xxxxxx xx Xxxxxx xx xxiting, shall be due and payable in equal monthly installments of $6,875.00 in advance and without demand or offset on the first day of each calendar month during the Lease Term or any renewal period hereof; the first of such installments shall be paid on the date hereof. If Lessee's occupancy under this Agreement commences on any day other than the first day of a calendar month, then a prorata portion of the Base Rental applicable to the partial first month of occupancy shall be paid on or before the first day of occupancy and shall be in addition to the total Base Rental set forth above.

Base Rental means the sum of $ (See Addendum) per annum as adjusted under Paragraph 29 hereof. The Base Rental due for the first month of the Lease Term (as hereafter defined) has been deposited with Landlord by Tenant contemporaneously with the execution hereof.

Base Rental means the Base Rental payable by the Tenant in accordance with Section 2.3.

Base Rental. The total sum of $ 57,132.00 payable to Lessor at 000 Xx. Xxxxx Xxxxxx, Xxxxx 000, Xxxxxxxxxxx, Xxxxxxxx 00000, or such other place as may be designated to Lessee by Lessor in writing, shall be due and payable in equal monthly installments of $ 2,380.50 in advance and without demand or offset on the first day of each calendar month during the Lease Term or any renewal period hereof; the first of such installments shall be paid on the date hereof. If Lessee's occupancy under this Agreement commences on any day other than the first day of a calendar month, then a prorata portion of the Base Rental applicable to the partial first month of occupancy shall be paid on or before the first day of occupancy and shall be in addition to the total Base Rental set forth above.