Schedule of Base Rent Clause Samples

The Schedule of Base Rent clause defines the specific amounts of rent that a tenant is required to pay to the landlord over the term of a lease. Typically, this clause outlines the rent payment amounts, the frequency of payments (such as monthly or annually), and any scheduled increases or adjustments during the lease period. For example, it may specify that the base rent starts at a certain amount and increases by a fixed percentage each year. The core function of this clause is to provide both parties with a clear and predictable payment structure, reducing the risk of disputes over rent obligations.
Schedule of Base Rent. Subtenant shall pay Base Rent throughout the Term of this Sublease as follows: Subject to the provisions of Subsection (c) of this Section 2, Base Rent shall be paid in equal monthly installments, in advance, on the first day of each and every month throughout the Term, commencing on the Sublease Commencement Date, in accordance with the Schedule of Base Rent set forth above. If the Sublease Commencement Date occurs on a day other than the first day of a calendar month. Base Rent for the partial calendar month in which the Sublease Commencement Date occurs shall be prorated on a daily basis according to the actual number of days in the calendar month.
View SourceView Similar (2)
Schedule of Base Rent. The following calendar dates correspond to schedule of Base Rent for the Expansion Space set forth in Section 3 of the First Amendment. 5/30/2014 through 04/30/2015: $ 821,160.00 $ 68,430.00 $ 45.00 5/01/2015 through 04/30/2016: $ 839,412.00 $ 69,951.00 $ 46.00 05/01/2016 through 04/30/2017: $ 857,652.00 $ 71,471.00 $ 47.00 05/01/2017 through 04/30/2018: $ 875,904.00 $ 72,992.00 $ 48.00 05/01/2018 through 06/30/2019: $ 894,156.00 * $ 74,513.00 $ 49.00 * This figure is an annual amount based on 12 months, and will be proportionately increased for the period of 05/01/2018 through 06/30/2019.
View SourceView Similar (2)
Schedule of Base Rent. Subtenant shall pay Base Rent throughout the Term of this Sublease in accordance with the following Schedule of Base Rent: 01-11, 25 & 37 $ 0.00 NNN 12-18 $ 22,530.00 19-24 $ 35,574.00 26-36 $ 50,963.00 38-48 $ 53,280.00 49-60 $ 55,596.00
View Source
Schedule of Base Rent. Tenant shall pay the Base Rent as same comes due in monthly installments at all times during the Lease, pursuant to the following Rent Schedule. Year 1 $ 144,000 $ 12,000 Year 2 $ 144,000 $ 12,000 Option Periods Year 3 $ 151,200 $ 12,600 Year 4 $ 158,760 $ 13,230 Year 5 $ 174,636 $ 14,553
View Source

Related to Schedule of Base Rent

  • Payment of Base Rent Tenant agrees to pay the Base Rent for the Premises. Monthly Installments of Base Rent shall be payable in advance on the first day of each calendar month of the Term. If the Term begins (or ends) on other than the first (or last) day of a calendar month, the Base Rent for the partial month shall be prorated on a per diem basis. Tenant shall pay Landlord the first Monthly Installment of Base Rent when Tenant executes the Lease.

  • Rent Schedule Borrower has prepared a prospective Unit absorption and rent collection schedule with respect to the Project substantially in the form attached as an exhibit to the Construction Funding Agreement, which schedule takes into account, among other relevant factors (i) a schedule of minimum monthly rentals for the Units, and (ii) any and all concessions including free rent periods, and on the basis of such schedule, Borrower believes it will collect rents with respect to the Project in amounts greater than or equal to debt service on the Borrower Loan.

  • Schedule of Rates The specific rates and costs applicable to this Agreement are set forth in Exhibit B – Schedule of Rates, which is attached hereto and incorporated herein by reference as if set forth in full.

  • Schedule of Rates and Charges Any subconsultant rates and charges set forth in the Schedule of Rates and Charges must be the subconsultant’s actual rates and charges exclusive of any markup. The City will compensate the Consultant in accordance with those rates and charges.

  • Schedule of Benefits The Schedule of Benefits lists your expected Out-of-Pocket costs for Benefits and Prescription Drugs covered under the Plan.