Common use of Base Rent for the Existing Premises Clause in Contracts

Base Rent for the Existing Premises. Prior to the New Term Rent Commencement Date, Tenant shall continue to pay Base Rent for the Existing Premises at the rate currently provided under Section 4.1 of the First Amendment (it being understood that, if the New Term Rent Commencement Date occurs after November 1, 2013, then Tenant shall continue to pay Base Rent for the Existing Premises at the rate of $206,145.58 per month for the period commencing on November 1, 2013 through the day immediately preceding the New Term Rent Commencement Date).

Appears in 2 contracts

Sources: Office Lease, Office Lease (Splunk Inc)