Additional Rent Payments Sample Clauses
The 'Additional Rent Payments' clause defines the tenant's obligation to pay costs beyond the base rent specified in a lease agreement. These additional payments may include expenses such as property taxes, maintenance fees, utilities, insurance, or other charges related to the property. By outlining these extra financial responsibilities, the clause ensures that the landlord can recover certain operating costs and that the tenant is aware of all monetary obligations, thereby preventing disputes over unexpected charges.
Additional Rent Payments. Tenant’s obligation to pay any additional rent accruing during the Term pursuant to Sections 6.3 and 6.4 hereof shall apply pro rata to the proportionate part of a calendar year as to Taxes and Building Expenses, in which this Lease begins or ends, for the portion of each such year during which this Lease is in effect. Such obligation to make payments of such additional rent shall survive the expiration or sooner termination of the Term.
Additional Rent Payments. Tenant's obligation to pay any additional rent accruing during the Term pursuant to Sections 5.3 and 5.4 hereof shall apply pro rata to the proportionate part of a tax year as to Taxes, and calendar year, as to Building Expenses, in which this Lease begins or ends, for the portion of each such year during which this Lease is in effect. Such obligation to make payments of such additional rent shall survive the expiration or sooner termination of the Term, whether or not this Lease is superseded by a subsequent lease of the Premises or of any other space or Tenant leaves the Building; any such superseding lease shall not serve to supersede Tenant's obligation for any such additional rent unless it makes express reference thereto and recites that such additional rent is abated in consideration of the superseding lease.
Additional Rent Payments. In addition to the minimum annual rent under Section 3.1, all other payments that the Lessee makes under this Lease are considered additional rent, regardless of whether the payments are so designated. All additional payments are due and payable upon demand by the Lessor.
Additional Rent Payments. In addition to the rent under paragraph 3, all other payments that the Tenant is obligated to make under this Lease are considered additional rent, regardless of whether the payments are so designated. All additional payments are due and payable at the time the Landlord demands payment or at the time the next succeeding rent installment is due, whichever occurs first. Landlord shall have the same remedies for Tenant’s failure to pay additional rent as it does for Tenant’s failure to pay monthly installments of rent. All further references to “rent” shall include both monthly installments of rent and additional rent. The provisions of this paragraph shall apply only concerning remedies, and not concerning rent upon which sales and use taxes are to be calculated or paid.
Additional Rent Payments. All sums of money due and payable by Tenant to Landlord under the terms of this Lease in addition to the Base Rent shall constitute additional rent (“Additional Rent”) hereunder for the purposes of the collection thereof. Landlord shall have the same remedies for default in the payment of Additional Rent as are available to Landlord in the case of a default in the payment of Base Rent. Base Rent and/or Additional Rent are sometimes referred to as “rent.” All rent shall be paid in the manner set forth in Section 2.4 above. Tenant agrees to pay all rent under this Lease at the times and in the manner herein provided, without set-off, counterclaim, abatement or deduction whatsoever, except as may be expressly provided in this Lease.
Additional Rent Payments. All sums of money due and payable by Tenant to Landlord under the term of this Lease in addition to the Base Rental shall constitute additional rent hereunder. Landlord shall have the same remedies for default in the payment of additional rent as are available to Landlord in the case of a default in the payment of Base Rental. All rent shall be payable at Land▇▇▇▇'▇ ▇ddress as provided herein (or at such other address as may be designated by Landlord from time to time). Tena▇▇ ▇▇▇ees to pay all rent under this Lease at the times and in the manner herein provided, without demand, counterclaim or set-off.
Additional Rent Payments. Tenant's obligation to pay any additional rent accruing during the Lease Term pursuant to Sections 5.3 and 5.4 hereof shall apply pro rata to the proportionate part of a tax year as to Taxes, and calendar year, as to Building Expenses, in which this Lease begins or ends, for the portion of each such year during which this Lease is in effect. Such obligation to make payments of such additional rent shall survive the expiration or sooner termination of the Lease Term, whether or not this Lease is superseded by a subsequent lease of the Leased Premises or of any other space or Tenant leaves the Building; any such superseding lease shall not serve to supersede Tenant's obligation for any such additional rent unless it makes express reference thereto and recites that such additional rent is abated in consideration of the superseding lease. Landlord shall give Tenant notice of any such additional rent accruals within sixty (60) days of the termination of this Lease.
Additional Rent Payments. Except for amounts billed to Lessee under the terms of the Work Letter (which shall be payable pursuant to the terms of the Work Letter) Lessee shall pay to Lessor all amounts of Additional Rent within fifteen (15) days of Lessee’s receipt of a ▇▇▇▇ therefor.
Additional Rent Payments. The amount of any or all of the items of Additional Rent pursuant to Section 4.01(b} which the Tenant is to pay may be estimated by the Landlord for such period as the Landlord may determine from time to time. The Tenant agrees to pay to the Landlord the amount of such estimate in monthly instalments in advance in amounts and during the period specified by the Land lord on the dates and at the times for payment of the Annual Base Rent provided for in this Lease. The Landlord may make its estimates so that the Tenant's Share of Additional Rent will be payable to the Landlord prior to the time the Landlord is obliged to pay the costs in respect of which the Additional Rent is payable. The Landlord may submit to the Tenant at any time during a period a re-estimate of the amount of Additional Rent payable by the Tenant pursuant to Section 4.0l(b) and a revised monthly instalment amount. Within a reasonable time after the end of the period for which such estimated payments have been made, the Tenant shall be advised of the actual amount required to be paid as Additional Rent pursuant to Section 4.01(b) and if necessary an adjustment shall thereupon be made between the parties.
Additional Rent Payments. (a) In addition to the Base Rent described above, Subtenant shall pay to Sublandlord additional rent with respect to the Subleased Premises on account of Operating Expenses and Real Estate Taxes in accordance with the provisions of the Prime Lease. Subtenant’s share of the Building’s Operating Expenses and Real Estate Taxes shall be determined in accordance with Section 4.1(b) of the Prime Lease, except that the term “Premises” as used therein shall be deemed to refer to the Subleased Premises. Upon request, Sublandlord shall furnish Subtenant with copies of all statements (estimated and reconciled) received by Sublandlord from Landlord with respect to Operating Expenses and Real Estate Taxes. In the event Sublandlord exercises its right pursuant to the Prime Lease to audit Landlord’s books and records relating to Operating Expenses and/or Real Estate Taxes, and if such audit results in a refund to Sublandlord of any overpayment made by Sublandlord on account of Operating Expenses and/or Real Estate Taxes, and if Subtenant has theretofore made payment hereunder to Sublandlord on the basis of the Landlord’s statement that is modified as a result of Sublandlord’s audit, then Sublandlord shall pay to Subtenant Subtenant’s pro rata share of the refund received by Sublandlord from Landlord after subtracting therefrom the costs incurred by Sublandlord with respect to the audit.
(b) Subtenant shall pay to Sublandlord all other amounts payable by Sublandlord under the Prime Lease which are attributable to the Subleased Premises (as distinguished from the Master Premises generally) or attributable to Subtenant, its agents, employees, customers or invitees. By way of example and not by way of limitation, charges by Landlord for furnishing air conditioning or heating to the Subleased Premises at times in addition to those certain times specified in the Prime Lease, costs incurred by Landlord in repairing damage to the Building caused by an employee of Subtenant, increased insurance premiums due as a result of Subtenant’s use of the Subleased Premises, and amounts expended or incurred by Landlord on account of any default by Subtenant which gives rise to a default under the Prime Lease would be amounts payable by Subtenant pursuant to this Section 4(b).
(c) Each amount due pursuant to Sections 4(a) & (b) above and each other amount payable by Subtenant hereunder, unless a date for payment of such amount is provided for elsewhere in this Sublease, shall be due and paya...