AVAILABILITY; RENT Sample Clauses

AVAILABILITY; RENT. Landlord agrees that it will provide to Tenant sufficient space to park nineteen (19) automobiles, either in the parking lot of the Building or as otherwise provided, without additional cost to Tenant beyond the payment of Rent under the Lease, which parking spaces will be labeled as being for use by Tenant. Landlord reserves the right to institute either a valet or self-parking system; provided, however, that if at any time during the Term of the Lease Landlord provides to Tenant any additional spaces, Landlord shall at all times have the right to reclaim such spaces upon thirty (30) days' notice to Tenant.
AVAILABILITY; RENT. Landlord agrees that it will provide to Tenant sufficient space to park twenty-six (26) automobiles, either in the garage of the Building or as otherwise provided. For each month during the Term, Tenant shall pay, directly to the garage operator for the use of such parking spaces, an amount equal to the product obtained by multiplying: (i) the number of parking spaces herein designated, by (ii) the market rent for each such space, as determined from time to time by Landlord or the garage operator. No specific parking spaces will be allocated for use by Tenant. Landlord reserves the right to institute either a valet or self parking system; provided, however, that if at any time during the Term of the Lease Landlord provides to Tenant any additional spaces, Landlord shall at all times have the right to reclaim such spaces upon thirty (30) days notice to Tenant. Tenant shall have the right to terminate its lease of parking spaces from time to time throughout the Term of the Lease upon thirty (30) days written notice to Landlord or the garage operator, as the case may be, and shall have the right to again lease such space(s) upon at least sixty (60) days written notice to Landlord or the garage operator, as the case may be, if such spaces are then available.
AVAILABILITY; RENT. Landlord agrees that it will provide Tenant with sufficient space to park 3.6 automobiles per 1,000 rentable square feet of the Demised Premises, consisting of twenty-nine (29) in the garages and fifteen (15) in surface parking lots serving the Building. For each month during the Term, Tenant shall pay, as Additional Rent, for the use of such parking spaces, an amount equal to the product obtained by multiplying: (i) the number of parking spaces herein designated, by (ii) the market rate for each such space, as determined from time to time by Landlord or the garage operator. Provided no Event of Default has occurred under the Lease, Landlord shall waive the amounts due for such parking spaces under this Exhibit F for the first sixty-five (65) months of the Term. No specific parking spaces will be designated for use by Tenant. Landlord reserves the right to institute either a valet or self-parking system.
AVAILABILITY; RENT. The Rent payable by Tenant for the Available Space (the “AVAILABILITY RENT”) shall be the “Fair Market Rental Value” for such space, as that term is defined in SECTION 2.2.1.1 of this Lease. In the event that, concurrently with Tenant’s delivery of the Acceptance Notice, Tenant notifies Landlord that it does not accept the Availability Rent set forth in the Availability Notice, the Availability Rent shall be determined in accordance with the procedures set forth in SECTION 2.2.2 of this Lease, otherwise, the Availability Rent shall be as set forth in Landlord’s Availability Notice.
AVAILABILITY; RENT. Landlord agrees that it will provide to Tenant sufficient space to park three (3) automobiles for every 1,000 square feet of rentable area comprising the Premises in the surface area of the Park (the "Parking Area, or as otherwise provided. Tenant's parking space allocation shall be provided to Tenant by Landlord at no cost to Tenant during the Term. No specific parking spaces will be allocated for use by Tenant. Landlord reserves the right to institute either a valet or self-parking system; provided, however, that if at any time during the Term of the Lease Landlord provides to Tenant any additional spaces, Landlord shall at all times have the right to reclaim such spaces upon thirty (30) days notice to Tenant.
AVAILABILITY; RENT. Landlord agrees that it will provide to Tenant sufficient space to park three (3) automobiles, either in the garage of the Building or as otherwise provided (in the event repairs or maintenance are required for the garage). For each month during the Term, Tenant shall pay, directly to the garage operator for the use of such parking spaces, an amount equal to the product obtained by multiplying: (i) the number of parking spaces herein designated, by (ii) the market rent for each such space, as determined from time to time by Landlord or the garage operator. No specific parking spaces will be allocated for use by Tenant. Landlord reserves the right to institute either a valet or self-parking system; provided, however, that if at any time during the Term of the Lease Landlord provides to Tenant any additional spaces, Landlord shall at all times have the right to reclaim such spaces upon thirty (30) days notice to Tenant.

Related to AVAILABILITY; RENT

  • Minimum Rent The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

  • Monthly Rent a. Commencing as of the Commencement Date, and continuing thereafter on or before the first day of each calendar month during the term hereof, Tenant shall pay to Landlord, as monthly rent for the Premises, the Monthly Rent specified in Paragraph 2 above. If Tenant’s obligation to pay Monthly Rent hereunder commences on a day other than the first day of a calendar month, or if the term of this Lease terminates on a day other than the last day of a calendar month, then the Monthly Rent payable for such partial month shall be appropriately prorated on the basis of a thirty (30)-day month. Monthly Rent and the Additional Rent specified in Paragraph 7 shall he paid by Tenant to Landlord, in advance, without deduction, offset, prior notice or demand, in immediately available funds of lawful money of the United States of America, or by good check as described below, to the lockbox location designated by Landlord, or to such other person or at such other place as Landlord may from time to time designate in writing. Payments made by check must be drawn either on a California financial institution or on a financial institution that is a member of the federal reserve system. Notwithstanding the foregoing, Tenant shall pay to Landlord together with Tenant’s execution of this Lease an amount equal to the Monthly Rent payable for the first full calendar month of the Lease term after Tenant’s obligation to pay Monthly Rent shall have commenced hereunder, which amount shall be applied to the Monthly Rent first due and payable hereunder. b. All amounts payable by Tenant to Landlord under this Lease, or otherwise payable in connection with Tenant’s occupancy of the Premises, in addition to the Monthly Rent hereunder and Additional Rent under Paragraph 7, shall constitute rent owed by Tenant to Landlord hereunder. c. Any rent not paid by Tenant to Landlord when due shall bear interest from the date due to the date of payment by Tenant at an annual rate of interest (the “Interest Rate”) equal to the lesser of (i) twelve percent (12%) per annum or (ii) the maximum annual interest rate allowed by law on such due date for business loans (not primarily for personal, family or household purposes) not exempt from the usury law. Notwithstanding the foregoing, Landlord shall give Tenant notice of non-payment of rent when due and five (5) days after delivery of such notice to cure such non-payment once in each calendar year before assessing interest in such calendar year pursuant to this Paragraph 5.c. Failure by Tenant to pay rent when due, including any interest accrued under this subparagraph, shall constitute an Event of Default (as defined in Paragraph 25 below) giving rise to all the remedies afforded Landlord under this Lease and at law for nonpayment of rent. d. No security or guaranty which may now or hereafter be furnished to Landlord for the payment of rent due hereunder or for the performance by Tenant of the other terms of this Lease shall in any way be a bar or defense to any of Landlord’s remedies under this Lease or at law. e. Notwithstanding anything to the contrary in this Lease: (i) in no event may any rent under this Lease be based in whole or in part on the income or profits derived from the Premises, except for percentage rent based on gross (not net) receipts or sales; (ii) if the holder of a Superior Interest (as defined in Paragraph 21 below) succeeds to Landlord’s interest in the Lease (“Successor Landlord”) and the Successor Landlord is advised by its counsel that all or any portion of the rent payable under this Lease is or may be deemed to be “unrelated business income” within the meaning of the Internal Revenue Code or regulations issued thereunder, such Successor Landlord may, at its option, unilaterally amend the calculation of rent so that none of the rent payable to Landlord under the Lease will constitute “unrelated business income,” but the amendment will not increase Tenant’s payment obligations or other liability under this Lease or reduce the Landlord’s obligations under this Lease and (iii) upon the Successor Landlord’s request, Tenant shall execute any document such holder deems necessary to effect the foregoing amendment to this Lease.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5. The Minimum Monthly Rent shall be increased as set forth in Section 1.5 and/or elsewhere in this Lease. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, and before the Commencement Date, Tenant shall pay to Landlord the aggregate of the first month’s Minimum Monthly Rent, the first month’s Monthly Impound Payment (see Section 4.4), and the Security Deposit (see Section 5).

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.