Common use of Amount and Payment Clause in Contracts

Amount and Payment. Tenant’s obligation to pay minimum rent for the Premises (“Minimum Rent”) shall commence (the “Rent Commencement Date”) on the date which is five (5) months following the Commencement Date and shall continue to accrue during the term of this Lease as follows: Rent Commencement Date - End of the 12th Full Calendar Month following the Commencement Date $ 28.25 $ 11,264.69 N/A Month 13 - 24 $ 28.75 $ 11,464.06 $ 137,568.72 Month 25 - 36 $ 29.25 $ 11,663.44 $ 139,961.28 Month 37 - 48 $ 29.75 $ 11,862.81 $ 142,353.72 Month 49 - 60 $ 30.25 $ 12,062.19 $ 144,746.28 Tenant agrees that the Minimum Rent abated but otherwise due for the period beginning on the Commencement Date and ending on the Rent Commencement Date, is in the amount of $11,264.69 per month, for a total rent abatement of $56,323.45 (the “Aggregate Abatement Amount”). In the event of any default by Tenant under this Lease, such abatement of Minimum Rent shall be revoked, null and void, and if such default is not cured within applicable grace periods, then, in addition to any other remedies set forth in this Lease, the then unamortized Aggregate Abatement Amount shall immediately become due and payable to Landlord. The Aggregate Abatement Amount shall be amortized, on a straight line basis and without interest, commencing on the Rent Commencement Date and continuing through and until the expiration of the term of this Lease. Minimum Rent shall be payable during the term hereof, in advance, in the monthly installments as set forth above, without demand, offset, abatement, diminution or reduction (except as otherwise expressly set forth in this Lease). The first installment shall be payable upon the execution of this Lease and subsequent installments shall be payable on the first day of each successive month of the term hereof following the Rent Commencement Date.

Amount and Payment. Tenant’s obligation to pay minimum Minimum rent for the Premises (“Minimum Rent”) shall commence (the “Rent Commencement Date”) on the date which is five (5) months following the Commencement Date and shall continue to accrue during the term of this Lease as follows: Rent Commencement Date - End of the 12th Full Calendar Month following the Commencement Date $ 28.25 $ 11,264.69 N/A Date* $31.25 $30,114.58 $361,375.00 Month 13 - 24 $ 28.75 $ 11,464.06 $ 137,568.72 $32.03 $30,867.45 $370,409.38 Month 25 - 36 $ 29.25 $ 11,663.44 $ 139,961.28 $32.83 $31,639.13 $379,669.61 Month 37 - 48 $ 29.75 $ 11,862.81 $ 142,353.72 $33.65 $32,430.11 $389,161.35 Month 49 - 60 $ 30.25 $ 12,062.19 $ 144,746.28 Tenant agrees that $34.49 $33,240.87 $398,890.38 Month 61 - 64 $35.36 $34,071.89 $408,862.64 *Notwithstanding the Minimum Rent abated but amounts stated during this period in this table, Landlord agrees to ▇▇▇▇▇ the Minimum Rent otherwise due for the period beginning on first four (4) full calendar months of the Commencement Date and ending on term of this Lease (the “Minimum Rent Commencement DateAbatement Period”), is in the amount of $11,264.69 30,114.58 per month, for a total rent abatement of $56,323.45 120,458.32 (the “Aggregate Abatement Amount”). The first day of the term of this Lease immediately after the expiration of the Minimum Rent Abatement Period shall be referred to herein as the “Rent Commencement Date”. In the event of any default by Tenant under this LeaseLease that is not cured within the applicable grace period(s) therefor, such abatement of Minimum Rent shall be revoked, null and void, and if such default is not cured within applicable grace periods, thenvoid and, in addition to any other remedies set forth in this Lease, the then unamortized portion of the Aggregate Abatement Amount shall immediately become due and payable to Landlord. The For purposes of the foregoing, Aggregate Abatement Amount shall be amortized, amortized on a straight straight-line basis and without interest, commencing on over the Rent Commencement Date and continuing through and until the expiration of the initial term of this Lease. All of the Aggregate Abatement Amount that remains unamortized as of any scheduled or earlier termination of the Lease shall be the “unamortized portion of the Aggregate Abatement Amount”. ** The foregoing Minimum Rent schedule reflects the parties’ agreement to round off to two (2) decimal places the Annual Minimum Rent Per Rentable Square Foot figure calculated using the agreed annual escalation rate of 2.5% per annum. Minimum Rent shall be payable during the term hereof, in advance, in the monthly installments as set forth above, without demand, offset, abatement, diminution or reduction (except as otherwise expressly set forth in this Lease)reduction. The first installment installment, in the amount of $30,114.58, shall be payable upon on or before the execution of this Lease Commencement Date and subsequent installments shall be payable on the first day of each successive month of the term hereof following the month in which the Rent Commencement DateDate occurs.