Examples of Fixed Annual Rent in a sentence
In amplification and not in limitation of the provisions of this Sublease, a failure by Subtenant to so replenish the Cash Security to the Security Amount shall be deemed a monetary default in the payment of Fixed Annual Rent by Subtenant under the terms, covenants and conditions of the Sublease entitling Sublandlord to exercise all rights and remedies available to it at law and/or in equity without further notice or opportunity to cure by Subtenant.
In exchange for the permission to operate, Plaintiff first paid Defendant Fixed Annual Rent in the amount of $255,000 per annum ($21,250 per month), which by the end of the term of the Original Lease went up to $373,345.50 per annum ($31,112.12 per month).
If the parties have not agreed upon the Rentable Area of the Premises, Tenant shall pay Fixed Annual Rent during the period prior to the final determination in an amount calculated using Landlord's architect's determination of the Rentable Area of the Premises.
For any partial month, the Fixed Annual Rent shall be prorated on a daily basis.
As used in this Lease, “rent” includes all Fixed Annual Rent, Fixed Monthly Rent, adjustments thereto under Section 3.2, all sums payable under Article 4, and all additional rent and all other sums due to Landlord under this Lease, however called.