Additional Premises Base Rent. Commencing on the Additional Premises Commencement Date (referred to as “APCD” in the chart set forth immediately below), and thereafter on the first day of each and every calendar month during the Additional Premises Term, Tenant shall pay Landlord Base Rent for the Additional Premises only (“Additional Premises Annual Base Rent”) in the following amounts, in equal monthly installments (“Additional Premises Monthly Base Rent”), in advance, as follows: APCD – 8/31/09 $ 21.63 $ 90,997.41 * $ 7,583.12 9/1/09 – 8/31/10 $ 22.28 $ 93,731.96 $ 7,811.00 9/1/10 – 2/28/11 $ 22.95 $ 96.550.65 * $ 8,045.89 Tenant shall pay Landlord Additional Premises Monthly Base Rent in accordance with the terms and provisions of Article 3 of the Original Lease.
Appears in 2 contracts
Sources: Office Lease (Chimerix Inc), Office Lease (Chimerix Inc)