FIXED RENT AND ADDITIONAL RENT Sample Clauses

FIXED RENT AND ADDITIONAL RENT. 9 ARTICLE 3 IMPOSITIONS...........................................11

FIXED RENT AND ADDITIONAL RENT. Tenant shall pay fixed rent (“Fixed Rent”) beginning on April 1, 2007 (the “Rent Commencement Date”) in monthly installments each equal to one-twelfth (1/12) of the rate of the annual Fixed Rent (the “Annual Fixed Rent”), as set forth on Exhibit “C”, without prior notice or demand, and without any setoff or deduction whatsoever, in advance, on the first day of each month at such place as Landlord may direct. In addition to the Fixed Rent, and as more fully set forth below, Tenant shall pay to Landlord additional rent (“Additional Rent”). All amounts payable by Tenant to Landlord under this Lease other than Fixed Rent shall constitute Additional Rent and shall be paid without any setoff or deduction whatsoever as provided herein. “Rent” shall mean Fixed Rent and Additional Rent.

FIXED RENT AND ADDITIONAL RENT. Section 4.1. Tenant covenants and agrees to pay to Landlord, as Fixed Rent for the Demised Premises as follows: A. From the Commencement Date until the Rent Commencement Date--Third Floor, the sum of $1.00, B. From the Rent Commencement Date--Third Floor through 5/23/99, the sum of $5.75 per Rentable Square Foot of Demised Premises plus $5.75 times Tenant's pro rata share of common areas per year, payable in equal monthly installments of 1/12 of said sum in advance on the first day of each and every calendar month during the Term, and pro rata for any fraction of a month, C. From 5/24/99 through the Termination Date, the sum of $7.00 per Rentable Square Foot of Demised Premises plus $7.00 times Tenant's pro rata share of common areas per year, payable in equal monthly installments of 1/12 of said sum in advance on the first day of each and every calendar month during the Term, and pro rata for any fraction of a month.

FIXED RENT AND ADDITIONAL RENT. A. BASE RENT - The term "lease year" shall mean the period of twelve (12) months commencing on May 1, 1998 and ending on the following April 30, 1999, and each successive period of twelve months thereafter during the term of this Lease. Landlord agrees that Tenant shall not pay base rent for the period beginning May 1, 1998 and ending on July 31, 1998 (three months) in consideration for Tenant's agreement to make the improvements to the Premises identified on Exhibit B as referenced in Article 7 hereof. Except for the waiver of the first three months rent as described above, the Tenant shall pay to the Landlord the base rent of Forty-Eight Thousand, Three Hundred Dollars ($48,300) per lease year in twelve (12) monthly installments of Four Thousand Twenty-Five Dollars ($4,025) each payable in advance on the first day of each month during the term of this Lease, at Landlord's original address, or at such other place as Landlord shall from time to time designate by written notice, with adjustments at the beginning of years two and three and for any renewal term in accordance with Section 2B below. In the event Tenant exercises the option or options described above to extend the Lease Term, the Base Rent for each respective option term (four (4) through eight (8) and years nine (9) through thirteen (13)) will be based upon the last years rent for the prior lease term increased by the Consumer Price Index set forth in Section 2B. Said rent shall constitute the rent of the first year of each option term and shall thereafter be increased for each year of each option term based upon the Consumer Price Index calculation set forth in Section 2B. The Tenant's failure to pay any rent due under the terms of this Lease for a period of ten (10) days following the due date of said payment shall, in addition to all other remedies or penalties otherwise available to Landlord, require the payment of an amount equal to five percent (5%) of the amount due Landlord for the defaulted payment, This five percent (5%) payment shall be deemed rent.

FIXED RENT AND ADDITIONAL RENT. 3.1. Subtenant shall pay to Sublandlord, commencing on the Commencement Date and throughout the Term, in currency which at the time of payment is legal tender for public and private debts in the United States of America, the fixed rent ("Fixed Rent"), three (3) business days prior to the first (1st) day of each month during the Term (except that Subtenant shall pay the first full monthly installment of Fixed Rent on the execution hereof): (a) for the period commencing on the Commencement Date and ending on September 30, 2002, the sum of One Hundred Sixteen Thousand Nine Hundred Seventy and 00/100 Dollars ($116,970.00) per annum, payable in equal monthly installments of $9,747.50; (b) for the period commencing on October 1, 2002, and ending on September 30, 2005, the sum of One Hundred Twenty-Three Thousand Nine Hundred Twenty-Two and 00/100 Dollars ($123,922.00) per annum, payable in equal monthly installments of $10,326.83; (c) for the period commencing on October 1, 2005, and ending on September 30, 2008, the sum of One Hundred Thirty Thousand Eight Hundred Seventy-Four and 00/100 Dollars ($130,874.00) per annum, payable in equal monthly installments of $10,906.17; and (d) for the period commencing on October 1, 2008, and ending on September 29, 2009, the sum of One Hundred Thirty-Seven Thousand Eight Hundred Twenty-Six and 00/100 Dollars ($137,826.00) per annum, payable in equal monthly installments of $11,485.50. 3.2. For each Tax Year during the Term, Subtenant shall pay to Sublandlord as and for additional rent an amount equal to thirty-two and four-tenths percent (32.4%) ("Subtenant's Percentage") of the amount by which Sublandlord's Tax Payment, as defined in Article 40 of the Lease (the "Tax Payment") exceeds the Tax Payment for Tax Year 1999/2000. Subtenant's Percentage for each Tax Year shall be due and payable in installments in the same manner that the Tax Payment for such Tax Year is due and payable by Sublandlord to Prime Landlord. Subtenant shall pay the Subtenant's Percentage within ten (10) days after the forwarding by Sublandlord to Subtenant of a statement furnished to Sublandlord by Prime Landlord; provided, however, in no event shall Subtenant be required to remit such amount to Sublandlord more than ten (10) days in advance of when such amount is due and payable by Sublandlord to Prime Landlord. Subtenant shall be entitled to Subtenant's Percentage of any refunds of such Tax Payment that are paid or credited to Sublandlord by Prime L...

FIXED RENT AND ADDITIONAL RENT. Subordination to and Incorporation of the Lease .......... 6 5. Alterations ..............................................

FIXED RENT AND ADDITIONAL RENT. SECTION 2.01. Tenant shall pay to Landlord as fixed rent ("fixed rent") for the demised premises the annual sum as follows: Seven Hundred Seventy-Eight Thousand One Hundred Fifty ($778,150) Dollars for the first lease year of this lease; Seven Hundred Eighty-One Thousand Five Hundred Twenty-Five ($781,525) Dollars for the second lease year of this lease; Seven Hundred Eighty-Four Thousand Nine Hundred Eighty-One ($784,981) Dollars for the third lease year of this lease; Seven Hundred Eighty-Eight Thousand Five Hundred Twenty-Seven ($788,527) Dollars for the fourth lease year of this lease; Seven Hundred Ninety-Two Thousand One Hundred Sixty-Three ($792,163) Dollars for the fifth lease year of this lease; Eight Hundred Sixty-Three Thousand Five Hundred Eighty-Nine ($863,589) Dollars for the sixth lease year of this lease; Eight Hundred Sixty-Seven Thousand Four Hundred Five ($867,405) Dollars for the seventh lease year of

FIXED RENT AND ADDITIONAL RENT. (a) 7.1 . Lessee shall pay to Lessor without notice or demand, and without set-off, the Fixed Rent payable in the monthly installments of Fixed Rent as set forth below, in advance of the first day of each calendar month during the Term by: Lessee’s check payable to CLA Building Associates and mailed to CLA c/▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, 62 L’E▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, PA 19342.

FIXED RENT AND ADDITIONAL RENT. SECTION 5.1 Tenant shall pay to Landlord during the term of this Lease in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts, at the address of Landlord for notices as specified in ARTICLE 38 or at such other address as Landlord shall specify by written notice to Tenant, a fixed net annual rental (the "Fixed Rent"), over and above the other additional payments to be made by Tenant as hereinafter provided. The Fixed Rent for each year of the term of this Lease shall be paid by Tenant to Landlord in equal monthly installments in advance on the twentieth (20th) day of each calendar month during the term of this Lease (or if that day is a Saturday, Sunday or holiday, on the next business day thereafter) as follows: ----------------------------------------------------------------------------- Lease Year Fixed Rent ------------ ----------------------- ----------------------------------------------------------------------------- 1-3 $5,768,688.00 per annum ($480,724.00 per month) ----------------------------------------------------------------------------- 4 $6,633,991.20 per annum ($552,832.60 per month) ----------------------------------------------------------------------------- 5 $6,866,180.89 per annum ($572,181.74 per month) ----------------------------------------------------------------------------- 6 $7,106,497.22 per annum ($592,208.10 per month) ----------------------------------------------------------------------------- 7 $7,355,224.62 per annum ($612,935.39 per month) ----------------------------------------------------------------------------- 8 $7,612,657.48 per annum (per month $634,388.12) ----------------------------------------------------------------------------- 9 $7,879,100.49 per annum ($656,591.71) per month ----------------------------------------------------------------------------- 10 $8,154,869.01 per annum -----------------------------------------------------------------------------