Common use of Additional Rentals Clause in Contracts

Additional Rentals. No later than two (2) Business Days following the Lease Effective Date, Tenant shall pay to Landlord a non-refundable one-time fixed payment, to Landlord for Tenant's use and occupancy of the Premises, in the amount of One Million Dollars ($1,000,000.00) (the "First Additional Rent"). The First Additional Rent shall be in addition to, and not in lieu of, the Annual Rent payable pursuant to Section 6.1. The First Additional Rent shall be fully earned by Landlord as of such due date, and no portion thereof shall be returnable to Tenant for any reason. The First Additional Rent shall be payable by Tenant by immediately available electronic fund transfer (EFT) via the Automated Clearing House (ACH) Network using such instructions as the Landlord shall provide by written notice to Tenant prior to the Lease Effective Date. For each Lease Year or portion thereof occurring during the Lease Term, Tenant covenants and agrees to pay to Landlord a rental towards Landlord's provision of exterior police and security required by Landlord in connection with the Premises and beyond any policing and security provided by Tenant, without offset or deduction, and without previous demand therefor except as otherwise expressly set forth herein, in an annual amount equal to the Second Additional Rental Rate (such annual amount, hereinafter referred to as "Second Additional Rent"). All Second Additional Rent shall be payable by Tenant by immediately available electronic fund transfer (EFT) via the Automated Clearing House (ACH) Network using such instructions as the Landlord shall provide by written notice to Tenant no less than thirty (30) calendar days prior to the date that such payment is due (provided, however, that, for the initial payment of Second Additional Rent due hereunder, Landlord shall provide payment instructions by written notice to Tenant within ten (10) calendar days of the Lease Effective Date or such other date as is mutually agreed by the Parties), in advance commencing on the Lease Effective Date and on the first (1st) day of each and every calendar month thereafter during the Lease Term, in an amount equal to one-twelfth (1/12) of the annual applicable Second Additional Rent; provided that if (i) the Lease Effective Date shall be other than the first (1st) day of a calendar month, the first (1st) monthly installment of Second Additional Rent shall be the monthly installment prorated by the fraction reached by dividing the number of days remaining from and including the Lease Effective Date to the last day of the calendar month in which the Lease Effective Date occurs by the actual number of days in such month, and (ii) the last date of the Lease Term shall be other than the last day of a calendar month, the last monthly installment of Second Additional Rent shall be prorated by the fraction reached by dividing the number of days elapsed from and including the first (1st) day of such calendar month to the last day of the Lease Term by the actual number of days in such month, and shall be payable at the office of Landlord first above set forth or at such other place of which Landlord shall have given Tenant written notice at least thirty (30) calendar days in advance. Notwithstanding anything contained in this Lease to the contrary, the first (1st) installment of Second Additional Rent payable hereunder may be paid on or prior to the second (2nd) Business Day following the Lease Effective Date without interest or penalty. Tenant shall pay Landlord the Second Additional Rent during the Lease Term hereof regardless of whether ▇▇▇▇▇▇▇▇ has actually provided security and/or police.

Additional Rentals. (a) No later than two (2) Business Days following the Lease Effective Term Commencement Date, Tenant shall pay to Landlord a non-refundable one-time fixed payment, as advance rent to Landlord for Tenant's ’s use and occupancy of the Premises, in the amount of One Fifty-Four Million Dollars ($1,000,000.0054,000,000.00) (the "“First Additional Rent"”). The First Additional Rent shall be in addition to, and not in lieu of, the Annual Basic Rent payable pursuant to Section 6.13.01. The First Additional Rent shall be fully earned by Landlord as of such due date, and no portion thereof shall be returnable to Tenant for any reason. The First Additional Rent shall be payable by Tenant by immediately available electronic fund transfer (EFT) via the Automated Clearing House (ACH) Network using such instructions as the Landlord shall provide by written notice to Tenant prior to within ten (10) calendar days of the Lease Effective Date. Date or such other date as is mutually agreed by the Parties. (b) For each Lease Year or portion thereof occurring during the Lease Term, Tenant covenants and agrees to pay to Landlord a rental towards Landlord's ’s provision of exterior police and security required by Landlord in connection with the Premises in accordance with Section 7.08 and beyond any policing and security provided by Tenant, without offset or deduction, and without previous demand therefor except as otherwise expressly set forth herein, in an annual amount equal to the Second Additional Rental Rate (such annual amount, hereinafter referred to as "“Second Additional Rent"”). All Second Additional Rent shall be payable by Tenant by immediately available electronic fund transfer (EFT) via the Automated Clearing House (ACH) Network using such instructions as the Landlord shall provide by written notice to Tenant no less than thirty (30) calendar days prior to the date that such payment is due (provided, however, that, for the initial payment of Second Additional Rent due hereunder, Landlord shall provide payment instructions by written notice to Tenant within ten (10) calendar days of the Lease Effective Date or such other date as is mutually agreed by the Parties), in advance commencing on the Lease Effective Term Commencement Date and on the first (1st) day of each and every calendar month thereafter during the Lease Term, in an amount equal to one-twelfth (1/12) of the annual applicable Second Additional Rent; provided that if (i) the Lease Effective Term Commencement Date shall be other than the first (1st) day of a calendar month, the first (1st) monthly installment of Second Additional Rent shall be the monthly installment prorated by the fraction reached by dividing the number of days remaining from and including the Lease Effective Term Commencement Date to the last day of the calendar month in which the Lease Effective Term Commencement Date occurs by the actual number of days in such month, and (ii) the last date of the Lease Term shall be other than the last day of a calendar month, the last monthly installment of Second Additional Rent shall be prorated by the fraction reached by dividing the number of days elapsed from and including the first (1st) day of such calendar month to the last day of the Lease Term by the actual number of days in such month, and shall be payable at the office of Landlord first above set forth or at such other place of which Landlord shall have given Tenant written notice at least thirty (30) calendar days in advance. Notwithstanding anything contained in this Lease to the contrary, the first (1st) installment of Second Additional Rent payable hereunder may be paid on or prior to the second (2nd) Business Day following the Lease Effective Term Commencement Date without interest or penalty. Tenant shall pay Landlord the Second Additional Rent during the Lease Term hereof regardless of whether ▇▇▇▇▇▇▇▇ Landlord has actually provided security and/or police. (c) As used herein, “Second Additional Rental Rate” shall mean: