Basic Annual Rent. $888,000 ($1.48 per month per square foot of Rentable Area), subject to adjustment pursuant to Sections 4.1, 6.1 and 8.2

Basic Annual Rent as defined in Article 3. BUILDING - as defined in Section 1.1.

Basic Annual Rent. For all of the Demised Premises: (60,056 sq. ft.) x ($1.8567 per sq. ft.) x (12 months) = $1,338,047.68."

Examples of Basic Annual Rent in a sentence

Said Basic Annual Rent shall be due and payable in twelve (12) equal monthly installments to be paid in advance on or before the first day of each calendar month during the term of the Lease.
Tenant shall also pay as rental (in addition to the Basic Annual Rent) all other sums of money as shall become due and payable by Tenant to Landlord under this Lease.
Tenant fails to pay any installment of Basic Annual Rent or Estimated Costs or any other sum due hereunder within ten (10) days after Tenant receives written notice of rent due.
If the Leased Premises shall be partially damaged by any casualty insured against under any insurance policy maintained by Landlord, Landlord shall, upon receipt of the insurance proceeds, repair the Leased Premises and until repair is complete the Basic Annual Rent and Additional Rent shall be abated proportionately as to that portion of the Leased Premises rendered untenantable.
Landlord shall have the same remedies in the case of a default in the payment of said other sums of money as are available to Landlord in the case of a default in the payment of one or more installments of Basic Annual Rent.

More Definitions of Basic Annual Rent

Basic Annual Rent means the payments referenced in Subparagraph 3.1(a);

Basic Annual Rent. Initially, Twenty-Eight and 75/100 dollars ($28.75) per Rentable Square Foot of the Leased Premises (subject to increase if Tenant elects to obtain a Tenant Improvement Allowance Increase), subject to annual increases at the Escalation Rate.

Basic Annual Rent means that amount referenced in Section 9(a);

Basic Annual Rent for the purposes of this Sublease shall be deemed to

Basic Annual Rent and Tenant's share of "Excess Operating Costs" shall be abated on a per diem basis in the proportion which the untenantable portion of the Leased Premises bears to the total area of the Leased Premises for each day after such three (3) business day period during which all or a portion of the Leased Premises remain untenantable.

Basic Annual Rent. The Basic Annual Rent on a triple net basis for the term of the Sublease is $180,810.00 payable in monthly installments of $15,067.50 beginning on March 1, 2004. However, the first monthly installment and the Security Deposit shall be payable upon execution of the Sublease.