YIELDING AND PAYING THEREFORE. yearly and every year during the term hereby granted unto the Landlord rent as set out in the Basic Terms. Each monthly installment is to be paid in advance on the first (1st) day of such and every month during the term hereof. In the event the commencement date is other than the first (1st) day of the month, the Tenant shall pay its rent prorated for the period until the first (1st) day of the following month at which time the regular Rent payment shall be made. The tenant shall provide the Landlord with 12 postdated cheques at the beginning of each term for the year.
Appears in 2 contracts
Sources: Lease Agreement (Eastgate Acquisitions Corp), Lease Agreement (Eastgate Acquisitions Corp)