Amount of Base Rent Clause Samples

The "Amount of Base Rent" clause defines the specific monetary sum that a tenant is required to pay the landlord as the fundamental rent for occupying a leased property. This clause typically outlines the exact dollar amount due, the frequency of payments (such as monthly or annually), and may reference any scheduled increases or adjustments over the lease term. By clearly stating the base rent, this clause ensures both parties understand the primary financial obligation under the lease, thereby preventing disputes and providing a predictable payment structure.
Amount of Base Rent. ▇▇▇▇▇▇ agrees to pay to Lessor rent for the Premises the amount of $ _RATE_ per month (“Base Rent”), commencing on the Effective Date and continuing monthly, due on the first day of each following month for the entire Lease Term. If the commencement date of this lease shall be on a day other than the first day of a month, the rent due for that first month shall be prorated accordingly.
Amount of Base Rent. Tenant shall pay to Landlord rent (“base rent”) in the amount of One Dollar ($1.00) per month,due and payable on the first day of each month during the term.
Amount of Base Rent. Commencing on the Rent Commencement Date and continuing thereafter until the Termination Date or earlier termination of this Facility Lease, Tenant shall pay to Landlord on a monthly basis base rent (the “Base Rent”) for the Premises in twelve (12) equal monthly installments of the annual amounts set forth in Exhibit G attached hereto for each respective year of the Initial Term. Base Rent shall be payable on the Rent Commencement Date, as set forth herein, and thereafter on the first (1st) day of each month and continuing through the Initial Term, in lawful money of the United States, without abatement, deduction, claim, offset, prior notice or demand except as otherwise specifically provided in this Facility Lease. Tenant shall pay to Landlord the first month’s Base Rent, and any monthly installment of Additional Rent, on the Rent Commencement Date of this Facility Lease.‌ (a) Landlord shall pay all obligations of the Ground Lease and all other expenses of maintaining the Land and Ground Lease from the Effective Date of this Lease until the Rent Commencement Date (“Construction Period”), including, insurance, real property taxes that become due and payable or that are chargeable to the Construction Period, including without limitation any supplemental assessments chargeable to the Construction Period. CFPF will not be responsible for payment of expenses during the Construction Period but will be obligated to maintain the Ground Lease in force and effect at all times during the term of this Facility Lease and shall pay from the Base Rent all payments due under the Ground Lease from and after the date of assignment of this Facility Lease to CFPF. (b) Effective on the Rent Commencement Date, California Municipal Finance Authority (“CMFA”) will enter into a bond indenture (the “Bond Indenture”) with a corporate trustee (the “Trustee”) under which CMFA will issue the Bonds, the proceeds of which it will lend to CFPF under the terms of a loan agreement. Thereafter Rent (as defined below) will be paid to the Trustee. The Rent will be held by the Trustee in a separate fund (the “Revenue Fund”) and is to be disbursed in the following order: (1) first, to pay the Expenses and Real Estate Taxes, as set forth in Section 5.2(b) below, that are the obligation of Landlord under this Facility Lease reimbursed by Tenant; (2) second, to pay the debt service on the Series A Bonds; DRAFT
Amount of Base Rent. Basic Rental (“Base Rent”): Months 1-12 $15.00/SF for Office Space (44,988 sq. ft.) $ 9.00 /SF for Hanger A (28,480 sq. ft.) $ 7.00 /SF for Hanger B (11,900 sq. ft.) $ 0.45/SF for Land Lease (Approximately 238,000 square feet of additional land, as determined by a future mutually-approved survey, which is incorporated herein by reference.) Lessee will pay Landlord the Base Rent of Eighty One Thousand Three Hundred Eighty-Seven and No/100 Dollars ($81,387.00) per month plus CAM charges (defined herein) on or before the 10th business day of each month as a fixed rent for the next month’s rent. Rent for any fractional month at the beginning or end of the Sublease Term will be prorated on a per-day basis (also see Article 15 below). It is agreed and understood that provision must be made herein for an adjustment of rentals annually. Therefore, as of November 1, 2019, all payments made by Lessee to MDC shall be increased only in the same proportion or percentage by which the cost of living has been increased as reflected by the Consumer Price Index for All Items, as maintained by the United States Government’s Department of Labor, Bureau of Labor Statistics for the Dallas/Fort Worth SMA; such increase being measured by comparison with such cost-of-living indices at the end of the immediately preceding 12-month period of this Sublease, as compared with the indices at the commencement of the immediately preceding 12-month period of this Sublease.
Amount of Base Rent. Commencing as of the completion of the Landlord’s work pursuant to Section 4.2, (the “Rent Commencement Date”), and continuing thereafter until the expiration of the initial Term (the “Expiration Date”) or earlier termination of this Lease, Tenant shall pay to Landlord on an annual basis base rent (the “Base Rent”) for the Premises in the amounts set forth in Exhibit B attached hereto. Base Rent shall be paid in advance on or before the date of commencement of rent payments and on the first day of each month thereafter during the remaining term of this Lease, in lawful money of the United States, without abatement, deduction, claim, offset, prior notice or demand except as otherwise specifically provided in this Lease. Tenant shall pay to Landlord the Base Rent monthly in advance, commencing on the Rent Commencement Date.
Amount of Base Rent. During the Lease Term, ▇▇▇▇▇▇ agrees to pay monthly to City rent for the Leased Premises as follows: $0.55 per square foot (33,700) for a total of $18,535.00 per month. Rent shall be due on the first day of each month. For purposes of this Agreement, the amount of square footage for ground and facilities being rented is agreed by the parties to be as set forth in Exhibit A.
Amount of Base Rent. During the Original Term of this Lease, Lessee shall pay Base Rent to Lessor during the following periods of time in the following amounts: 50.1.1 During the period commencing on the Commencement Date and continuing until the Rent Commencement Date, Base Rent shall be abated, subject to and as more particularly defined in PARAGRAPH 50.2 of this Lease. 50.1.2 Commencing on the Rent Commencement Date and continuing through and including the eighteenth (18th) month after the Rent Commencement Date the Base Rent per month shall be computed by multiplying the Building Area (determined under PARAGRAPH 48.L) by $1.55. 50.1.3 On the first day of each of the nineteenth (19th), thirty-seventh (37th), fifty-fifth (55th), seventy-third (73rd), ninety-first (91st), one hundred ninth (109th), one hundred twenty-seventh (127th), one hundred forty-fifth (145th) and one hundred fifty-seventh (157th) and one hundred seventy-fifth (175th) months after the Rent Commencement Date, each such date being referred to herein as an "ADJUSTMENT DATE", the Base Rent determined under PARAGRAPH 50.1.2 shall be increased (but not decreased) by multiplying said Base Rent determined under PARAGRAPH 50.
Amount of Base Rent. In addition to any and all other amounts payable from Lessee to Lessor pursuant to this Lease, Lessee agrees to pay to Lessor, and Lessor agrees to accept from Lessee, as rent for the use and occupancy of the Demised Land, during the Term, a minimum annual base rent equal to the parties’ good faith estimate of reasonable and actual costs incurred by Aerojet in connection with the administration of this Lease, which the parties agree shall be Five Thousand Dollars per year ($5,000) for the first five lease years, and Zero Dollars ($0) for the remainder of the Term of the Lease (the “Base Rent”).
Amount of Base Rent. Tenant shall pay Landlord (a) on the Effective Date an amount equal to the sum of One Million, Two Hundred and Fifty Thousand Dollars ($1,250,000) (in respect of Base Rent for the Parking Garage and Retail Portion), plus Two Hundred and Fifty Thousand Dollars ($250,000) (in respect of Base Rent for the Hotel Portion and Banquet Facility), and (b) thereafter, commencing on the first day of the second (2nd) Lease Year and continuing on the first day of each Lease Year thereafter during the Term, an annual rent as follows: (i) for the second (2nd) Lease Year through and including the fifth (5th) Lease Year, an amount per annum equal to the Base Rent set forth in Section 3.2(a); (ii) for the sixth (6th) Lease Year through and including the tenth (10th) Lease Year, an amount per annum equal to the product of (y) the annual Base Rent payable for the fifth (5th) Lease Year, multiplied by (z) 110%; (iii) for the eleventh (11th) Lease Year through and including the fifteenth (15th) Lease Year, an amount per annum equal to the product of (y) the annual Base Rent payable for the tenth (10th) Lease Year, multiplied by (z) 110%; (iv) for the sixteenth (16th) Lease Year through and including the twentieth (20th) Lease Year, an amount per annum equal to the product of (y) the annual Base Rent payable for the fifteenth (15th) Lease Year, multiplied by (z) 110%; (v) for the twenty-first (21st) Lease Year through and including the twenty-fifth (25th) Lease Year, an amount per annum equal to the product of