Base Rental

Base Rental. The Means the following amounts for the corresponding periods: Period Annual BaseRental/RSF MonthlyBaseRental /RSF Annual BaseRental Monthly BaseRental Commencement Date through the day immediately preceding the Base Rent Commencement Date $ 0.00 $ 0.00 $ 0.00 Base Rent Commencement Date through the last day of the first Lease Year $ 25.50 1,152,000.00 $ 89,250.00 $ 7,437.50 96,000.00 First day of the second Lease Year through the last day of the second Lease Year $ 26.33 1.65 $ 92,154.96 1,567,031.40 $ 7,679.58 130,585.95 First day of the third Lease Year through the last day of the third Lease Year $ 27.19 1.70 $ 95,165.04 1,614,517.20 $ 7,930.42 134,543.10 First day of the fourth Lease Year through the last day of the fourth Lease Year $ 28.07 1.75 $ 98,244.96 1,662,003.00 $ 8,187.08 138,500.25 First day of the fifth Lease Year through the last day of the fifth Lease Year $ 28.98 1.80 $ 101,430.00 1,709,488.80 $ 8,452.50 142,457.40 First day of the sixth Lease Year through the last day of the sixth Lease Year $ 29.92 1.85 $ 104,720.04 1,756,974.60 $ 8,726.67 146,414.55 First day of the seventh Lease Year through the last day of the Lease Term $ 30.89 1.90 $ 108,114.96 1,804,460.40 $ 9,009.58 150,371.70 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 in the Lease Term may be more or less than 12 calendar months; the last Lease Year in the Lease Term may be less than 12 calendar months. The Base Rental (plus sales tax) due for the first full month during the Lease Term for which Base Rental is due is required to be deposited with Landlord by Tenant at the time of execution hereof. View More

Base Rental. The Shall mean the sum of $ (See Addendum) $491,120.70 per annum as adjusted under Paragraph 29 hereof. The Base Rental due for the first month of the Lease Term (as hereafter defined) has been deposited with Landlord by Tenant contemporaneously with the execution hereof hereof.