Rent Calculation. During the first 12 months of this Lease, Tenant shall pay to Landlord, with respect to each calendar year or fractional calendar year, as the case may be, total rental payments in the monthly sum of Nine Hundred Forty Five Dollars ($ 945.00), being the sum of: (a) Subsidized Rent of Seven Hundred Fifty Six Dollars ($ 756.00) [being the product of $ 6.60, the subsidized annual rent per square foot, and 1375 square feet, the area of the Leased Premises, divided by 12 months]; and (b) common area monthly rent of One Hundred Eighty Nine Dollars ($ 189.00), representing a surcharge of twenty-five percent (25%) of the basic monthly rent to cover the Landlord's cost of maintaining and improving the common areas within the building. During subsequent 12 Month periods of this Lease, by similar calculation, Tenant shall pay to Landlord, with respect to each calendar year or fractional calendar year, as the case may be, total rental payments as follows:
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Rent Calculation. During the first 12 months of this Lease, Tenant shall pay to Landlord, with respect to each calendar year or fractional calendar year, as the case may be, total rental payments in the monthly sum of Nine Five Hundred Forty Five Eighty Seven Dollars ($ 945.00587.00), being the sum of: (a) Subsidized Rent of Seven Four Hundred Fifty Six Seventy Dollars ($ 756.00470.00) [being the product of $ 6.6012.80, the subsidized annual rent per square foot, and 1375 square 440square feet, the area of the Leased Premises, divided by 12 months]; and (b) common area monthly rent of One Hundred Eighty Nine Seventeen Dollars ($ 189.00117.00), representing a surcharge of twenty-five percent (25%) of the basic monthly rent to cover the Landlord's cost of maintaining and improving the common areas within the building. During subsequent 12 Month periods of this Lease, by similar calculation, Tenant shall pay to Landlord, with respect to each calendar year or fractional calendar year, as the case may be, total rental payments as follows:
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