Yearly Fixed Rent. Commencing with the Term Commencement Date Sublessee shall pay to Sublessor, without any set-off or deduction, at Sublessor's office, or to such other person or at such other place as Sublessor may designate by notice to Sublessee, the Yearly Fixed Rent. The Yearly Fixed Rent shall be paid in equal monthly installments in advance on or before the first day of each calendar month during the Term of 14 this Sublease and shall be apportioned for any fraction of a month in which the Term Commencement Date or the last day of the Term of this Sublease may fall. For purposes of this Sublease, "Yearly Fixed Rent" shall equal $344,632.00 ($46.00 per rentable square foot) for each lease year of the Term. For purposes of this Sublease, the first lease year shall include the first twelve (12) calendar months of the Term, together with any partial month at the beginning of the Term. Successive lease years shall be comprised of succeeding periods of twelve (12) calendar months. Simultaneously with the execution of this Sublease, Sublessee shall deliver to Sublessor the first monthly installment of Yearly Fixed Rent.
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Yearly Fixed Rent. Commencing with the Term Rent Commencement Date (as hereinafter defined), Sublessee shall pay to Sublessor, without any set-off or deductiondeduction (except as otherwise expressly provided in this Sublease), at Sublessor's office, or to such other person or at such other place as Sublessor may designate by notice to Sublessee, the Yearly Fixed Rent. The Yearly Fixed Rent shall be paid in equal monthly installments in advance on or before the first day of each calendar month during the Term of 14 this Sublease and shall be apportioned for any fraction of a month occurring during the Term in which the Term Rent Commencement Date or the last day of the Term of this Sublease may fall. For purposes of this Sublease, "Yearly Fixed Rent" shall equal $344,632.00 ($46.00 29.00 per rentable square foot) foot per annum for each the first five lease year years of the Term and $34.00 per rentable square foot per annum for the sixth through tenth lease years of the Term. For purposes of this Sublease, the first lease year shall include the first twelve (12) calendar months of the Term, together with any partial month at the beginning of the Term. Successive lease years shall be comprised of succeeding periods of twelve (12) calendar months. Simultaneously with the execution of this Sublease, Sublessee shall deliver to Sublessor the first monthly installment of Yearly Fixed Rent. The "Rent Commencement Date" shall be the later of (a) October 1, 1999 or (b) the Term Commencement Date.
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