Expansion Space Base Rent Clause Samples

Expansion Space Base Rent. The monthly Base Rent for the Expansion Space shall be as follows: MONTHS TOTAL MONTHLY BASE RENT PER SQUARE FOOT TOTAL MONTHLY BASE RENT 6/1/10 — 5/31/11 $ 2.10 $ 10,630.20 6/1/11 — 5/31/12 $ 2.16 $ 10,933.92 6/1/12 — 5/31/13 $ 2.23 $ 11,288.26 6/1/13 — 5/31/14 $ 2.30 $ 11,642.60 6/1/14 — 5/31/15 $ 2.36 $ 11,946.32
Expansion Space Base Rent. Commencing on or about August 1, 1999, Lessee shall pay to Lessor base rent for the Expansion Space according to the rent schedule below: Time Period Per Month Per Term Per SF Per Yr ----------- --------- ---------- ------------- 08/01/99 to 10/31/99 $6,923.64 $20,770.91 $20.55 11/01/99 to 10/31/00 $7,092.10 $85,105.15 $21.05 11/01/00 to 10/31/01 $7,260.55 $87,126.65 $21.55 11/01/01 to 10/31/02 $7,429.01 $89,148.15 $22.05 11/01/02 to 10/31/03 $7,597.47 $91,169.65 $22.55 11/01/03 to 12/31/03 $7,765.93 $15,531.86 $23.05 Lessor TT ------------ Lessee BRS ------------
Expansion Space Base Rent. In addition to the Base Rent ------------------------- for the Premises as set forth in Exhibit C hereof, commencing on the Expansion Space Commencement Date and continuing thereafter throughout the Expansion Space Term, Tenant covenants and agrees to pay to Landlord Base Rent for the Expansion Space in the following amounts (the `Expansion Space Base Rent'): Expansion Space Base Rent Per Expansion Space Square Foot Expansion Space Expansion Space Period Per Annum Base Rent Monthly Base Rent ----------------------- --------------------- -------------------- --------------------- 6/1/99 - 1/31/00 $[*] $[*] $[*] 2/1/00 - 1/31/01 $[*] $[*] $[*] 2/1/01 - 1/31/02 $[*] $[*] $[*] 2/1/02 - 1/31/03 $[*] $[*] $[*] 2/1/03 - 1/31/04 $[*] $[*] $[*] 2/1/04 - 1/31/05 $[*] $[*] $[*] 2/1/05 - 1/31/06 $[*] $[*] $[*] 2/1/06 - 1/31/07 $[*] $[*] $[*] 2/1/07 - 1/31/08 $[*] $[*] $[*] 2/1/08 - 1/31/09 $[*] $[*] $[*]
Expansion Space Base Rent. Effective as of the date hereof, Section 2.01 of the Lease is hereby deleted in its entirety and the following is inserted in its place:
Expansion Space Base Rent. In addition to the Base Rent for the Premises set forth in Section 4 hereof, commencing on January 1, 2014 (the ‘Expansion Space Rent Commencement Date’) and continuing thereafter throughout the Expansion Space Term, Tenant covenants and agrees to pay to Landlord Base Rent for the Expansion Space in the following amounts (the ‘Expansion Space Base Rent’): Time Period Rate of Expansion Space Base Rent Per Square Foot Per Annum Rate of Expansion Space Base Rent Per Annum Rate of Expansion Space Monthly Base Rent 1/1/14-12/31/14 $ 35.96 $ 1,047,155.20 $ 87,262.93 Time Period Rate of Expansion Space Base Rent Per Square Foot Per Annum Rate of Expansion Space Base Rent Per Annum Rate of Expansion Space Monthly Base Rent 1/1/15- 12/31/15 $ 36.95 $ 1,075,984.00 $ 89,665.33 1/1/16-12/31/16 $ 37.97 $ 1,105,686.40 $ 92,140.53 1/1/17-12/31/17 $ 39.01 $ 1,135,971.20 $ 94,664.27 1/1/18-12/31/18 $ 40.08 $ 1,167,129.60 $ 97,260.80 The Expansion Space Base Rent shall be payable at the same times and in the same manner as set forth herein for the payment of Base Rent. There shall be no Free Rent Period with respect to the Expansion Space. Tenant shall be entitled to occupy the Expansion Space prior to the Expansion Space Rent Commencement Date without the obligation to pay Expansion Space Base Rent and without the obligation to pay any Operating Expenses with respect to the Expansion Space or any Real Estate Tax Expenses with respect to the Expansion Space.
Expansion Space Base Rent. The monthly Base Rent for the Expansion Space shall be as follows: ES Rent Commencement Date — 5/31/13 $ 2.17 $ 8,929.55 6/1/13 — 5/31/14 $ 2.24 $ 9,217.60 6/1/14 — 5/31/15 $ 2.31 $ 9,505.65
Expansion Space Base Rent. Beginning with the Expansion Space Commencement Date, in addition to rent otherwise payable under the Lease, Tenant shall pay base rent for the Expansion Space in the amount of Fifteen Dollars and Sixty-five Cents ($15.65) per rentable square foot of the Expansion Space per year. Beginning on January 1, 2006, and continuing annually thereafter, the base rent shall increase three percent (3%) per year.
Expansion Space Base Rent. In addition to Tenant’s obligation to pay to Landlord the Base Rent described in Section 4.1 of the Lease, Tenant shall pay to Landlord base rent with respect to Tenant’s lease of the Expansion Space in the amount of Seventy-Three Thousand Nine Hundred Sixty-Eight and 47/100 Dollars ($73,968.47) per month (the “Expansion Space Base Rent”). The Expansion Space Base Rent shall be increased on November 15, 2000, and on each November 15 thereafter during the Term by three and one-half percent (3.5%), regardless of whether the Expansion Space Delivery Date has occurred. Tenant’s obligation to pay Expansion Space Base Rent to Landlord shall commence on the forty-fifth (45th) day after Expansion Space Delivery Date (hereinafter referred to as the “Expansion Space Rent Commencement Date”) and continue thereafter during the Term; provided, howeve r, if Landlord delivers possession of the Expansion Space to Tenant prior to August 31, 2000 as a result of an Early Termination Event, then the Expansion Space Rent Commencement Date shall occur on the sixtieth (60th) day after the Expansion Space Delivery Date. Tenant shall pay to Landlord the Expansion Space Base Rent in advance, on the Expansion Space Rent Commencement Date and on the first day of each calendar month thereafter, together with Tenant’s payment to Landlord of the Base Rent described in Section 4.1 of the Lease, without deduction, abatement or setoff whatsoever. If the Expansion Space Rent Commencement Date or the last day of the Term is other than the first or last day of a calendar month, respectively, then the Expansion Space Base Rent for the partial calendar month in which the Expansion Space Rent Commencement Date or the end of the Term occurs shall be prorated on a per diem basis, based on the number of days in such calendar month.
Expansion Space Base Rent. From and after the Expansion Space ------------------------- Commencement Date and continuing through the end of the Expansion Space Term, Section 1.01(8) of the Lease shall be amended to provide that the Base Rent for the Expansion Space shall be as set forth below, as adjusted pursuant to Article 4 of the Lease: Rate/SF Period Monthly Annually of Rentable Area ------ ------- -------- ---------------- Months 01 - 18 (18) $9,292.50 $111,510.00 $13.50 Months 19 - 54 (36) $9,980.83 $119,769.96 $14.50 Months 55 - 78 (24) $10,841.25 $130,095.00 $15.75 Months 79 - 114 (36) $11,701.67 $140,420.04 $17.00
Expansion Space Base Rent. As of the Expansion Space Commencement Date, the Base Rent payable with respect to the Expansion Space shall be the following: Months of Expansion Space Term Annual Rate Per Square Foot Monthly Base Rent 1-6 $0.99 $3,492.72 7-18 $1.85 $6,526.80 19-30 $1.90 $6,703.20 31-42 $1.95 $6,879.60