Examples of Lease Month in a sentence
All Percentage Rent payments shall be computed based on all Gross Receipts made during the previous Lease Month.
Contractor shall pay Percentage Rent monthly without prior notice or demand within five (5) days after the expiration of each Lease Month.
Tenant shall pay facility rent (“Facility Rent”) of Twenty Thousand Five Hundred Dollars ($20,500.00) per month, which shall be payable in seven and one-half (7.5) monthly payments between and including September and April 15 of each year of the Term which shall be due on or before the tenth (10th) day of the month immediately following the applicable Lease Month.
The “Delivery Date” shall mean that date on which all of the following have occurred: (a) this Lease is fully executed and delivered by Landlord and Tenant; and (b) Tenant has delivered to Landlord (i) Rent for the Lease Month 7, and (ii) evidence of the insurance described in Article VII below.
Month 13 following the Term Commencement Date through Month 24: $646,254.00 per month plus operating expenses per Paragraph 7 of this Lease Month 25 following the Term Commencement Date through Month 36: $665,642.00 per month plus operating expenses per Paragraph 7 of this Lease.