Base Rent

Example Definitions of "Base Rent"
Base Rent. Shall mean, for the initial term of this Sublease, the sum of $ [See attached Exhibit 1] per year which will be payable at the monthly rate of $ [See attached Exhibit 1] as provided in Article 4 of the General Terms of Lease.
Base Rent. Base Rent will be paid according to the following schedule, subject to the provisions of Section 5 hereof. For the purposes of this Section 1.D., "Lease Year" shall mean the twelve (12) month period commencing on the Commencement Date, and on each anniversary of the Commencement Date. ANNUAL BASE RENT PER Monthly Installments Of Period RENTABLE SQ FT Base Rent Month 1-12 $ 14.50 $ 9,062.50 ... Month 13-24 $ 15.00 $ 14,653.75 Month 25-36 $ 15.50 $ 15,142.21 During the first year, Tenant shall only be required to pay Base Rent on 7,500 rentable square feet though Tenant shall have the use of the entire Premises. After the first year, Tenant shall pay Base Rent on 11,723 rentable square feet. View More Arrow
Base Rent. Months of Lease Term Monthly Installmentof Base Rent 1 – 12 $36,142.70 13 – 24 $37,226.98 25 – 36 $38,343.79 37 - 48 $39,494.10 49 - 60 $40,678.93 61 - 62 $41,899.29
Base Rent. Base Rent shall be paid according to the following schedule, subject to the provisions of Section 4 hereof. For the purposes of this Section 1B, "Lease Year" shall mean the twelve (12) month period commencing on the Commencement Date, and on each anniversary of the Commencement Date (or portion thereof ending on the Expiration Date). PERIOD ANNUAL BASE RENT MONTHLY INSTALLMENTS OF BASE RENT 7/1/05 – 8/31/05 $ 0.00 $ 0.00 9/1/05 – 8/31/06 $ 24,198.75 $ 2,016.56 9/1/06 –... 8/31/07 $ 24,924.71 $ 2,077.06 9/1/07 – 8/31/08 $ 25,672.45 $ 2,139.37 As provided above, Tenant shall be entitled to free Base Rent and Additional Rent during the first two months of the Lease Term (the "Abated Rent"). The Base Rent and Additional Rent due for the first month during the Lease Term (hereinafter defined) shall be paid by Tenant to Landlord contemporaneously with Tenant's execution hereof. View More Arrow
Base Rent. $138,804.00 per year not including Tenant's proportionate share of operating expenses. (Refer to Articles 5 and 37). This Base Rent is based on $2.70 per square foot times 4,284 rentable square feet times 12 months.
Base Rent. Base Rent shall be paid according to the following schedule, subject to the provisions of Section 4 hereof. For the purposes of this Section 1B, "Lease Year" shall mean the twelve (12) month period commencing on the Commencement Date, and on each anniversary of the Commencement Date (or portion thereof ending on the Expiration Date); provided, however, that if the Commencement Date is not the first day of a calendar month, the first Lease Year shall end at midnight on the last day of the... calendar month which includes the first anniversary of the Commencement Date; and provided further that the Free Rent Period (defined below) shall be included in the first (1st) Lease Year and the last or fifth (5th) Lease Year shall include the additional period through the Expiration Date (defined below). MONTHLY PERIOD ANNUAL BASE RENT INSTALLMENTS OF BASE RENT First Lease Year* $ 200,475.00 $ 16,706.25 Second Lease Year $ 206,550.00 $ 17,212.50 Third Lease Year $ 212,625.00 $ 17,718.75 Fourth Lease Year $ 218,700.00 $ 18,225.00 Fifth Lease Year $ 224,775.00 $ 18,731.25 * Free Rent Period. Notwithstanding the foregoing, Tenant shall be entitled to an abatement of the monthly installments of Base Rent (but not any other amounts due hereunder, such as Tenant's Pro Rata Share of Basic Costs and Taxes as and to the extent same are payable pursuant hereto), or so-called "free rent" period, for the first (1st) three (3) full calendar months following 1 the Commencement Date (e.g., anticipated to be May, June and July, 2011) set forth above ("Free Rent Period"), so long as Tenant is not in default of this Lease beyond any applicable notice or cure period(s). The Base Rent due for the first month during the Lease Term (hereinafter defined) shall be paid by Tenant to Landlord contemporaneously with Tenant's execution hereof. View More Arrow
Base Rent. Shall mean the Base Rent payable by Tenant during the Term, subject to escalation as provided in Section 3(B), as follows (amounts set forth below are in currency of the United States of America): PAYMENTS Dates Annual Monthly Monthly/Per Square Foot Commencement $ 735,750.00 $ 61,312.50 $ 0.75
Base Rent. Year 1 $0.00* $ 21.50 psf Year 2 $0.00* $ 21.93 psf Year 3 $207,056.72 $ 22.37 psf Year 4 $422,443.84 $ 22.82 psf Year 5 $430,774.24 $ 23.27 psf Year 6 $439,474.88 $ 23.74 psf Year 7 $448,175.52 $ 24.21 psf Year 8 $457,246.40 $ 24.70 psf Year 9 $466,317.28 $ 25.19 psf Year 10 $475,758.40 $ 25.70 psf Year 11 $485,199.52 $ 26.21 psf Year 12 $494,825.76 $ 26.73 psf Year 13 $504,822.24 $ 27.27 psf
Base Rent. Base Rent for each month, will be paid in an amount equal to the Approximate Rentable Area in the Premises (excluding the Storage Space) multiplied by the price per square foot ("PSF") according to the following schedule for the applicable month of the Lease Term divided by twelve. Month PSF No. of Months 1-6 $ 00.00 6 7-66 $ 13.70 60 67-114 $ 14.40 48 115-126 $ 14.45 12 The monthly Base Rent due for the seventh month... of the Lease Term (hereinafter defined) shall be paid by Tenant to Landlord contemporaneously with Tenant's execution hereof. While the Storage Space is included as part and parcel of the Premises, it is the intent of the parties that the square footage of the Storage Space shall not be included in the square footage of the Premises for determination of Base Rent and Additional Rent. View More Arrow
Base Rent. Base Rent will be paid according to the following schedule, subject to the provisions of Section 5 hereof. PERIOD ANNUAL BASE RENT MONTHLY INSTALLMENTS OF BASE RENT First day of the first Lease Year Through the last day of the first Lease Year $137,280.00 $11,440.00 ($11.44 x 12,000 rsf ÷ 12) First day of the second Lease Year through the day immediately preceding the Full Rent Commencement Date (as... defined in Section 1.BB below) $235,200.00 $19,600.00 ($19.60 x 12,000 rsf ÷ 12) The Full Rent Commencement Date through the last day of the third Lease Year $302,036.04 $25,169.67 ($19.60 x 15,410 rsf ÷ 12) First day of the fourth Lease Year through the last day of the sixth Lease Year $317,445.96 $26,453.83 ($20.60 x 15,410 rsf ÷ 12) First day of the seventh Lease Year through the last day of the eighth Lease Year $332,856.00 $27,738.00 ($21.60 x 15,410 rsf ÷ 12) First day of the ninth Lease Year through the last day of the Lease Term $335,971.00 $29,664.25 ($23.10 x 15,410 rsf ÷ 12) For purposes hereof, the term "Lease Year" means a period of 12 consecutive months beginning on the Commencement Date or an anniversary thereof and ending on (and including) the day immediately preceding the following anniversary thereof during the Lease Term, except that (a) if the Commencement Date is not the first day of a calendar month, then the first Lease Year will begin on the Commencement Date and end on (and include) the following anniversary of the last day of the calendar month in which the Commencement Date occurs, and each subsequent Lease Year will mean a period of 12 consecutive months beginning on an anniversary of the first day of the calendar month immediately following the calendar month in which the Commencement Date occurs and ending on (and including) the day immediately preceding the following anniversary thereof during the Lease Term, and (b) the last Lease Year will end on the last day of the Lease Term. The first Lease Year and the last Lease Year may have more or less than 12 calendar months. The Base Rent due for the first month during the Lease Term (hereinafter defined) for which Base Rent is due shall be paid by Tenant to Landlord contemporaneously with Tenant's execution hereof. View More Arrow
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