Sublease Basic Monthly Rent

Sublease Basic Monthly Rent. The following amounts for the periods indicated, which amounts are subject to adjustment as set forth in the definition of "Premises" in the Lease; provided, however, that: (i) if the Sublease Commencement Date occurs on a date other than October 1, 2017, then the periods set forth below shall begin on such other date that is the Sublease Commencement Date (as memorialized in a certificate entered into between the Parties) and shall shift accordingly in a manner consistent with the definition... of "Sublease Expiration Date" (with the Sublease Expiration Date being on the last day of the relevant month); and (ii) if the Sublease Expansion Date occurs on a date other than February 1, 2018, then: (a) the Sublease Expansion Date shall begin on such other date that is the Sublease Expansion Date (as memorialized in an instrument entered into between the Parties); and (b) consistent with the below schedule, during the first month following the Sublease Expansion Date, the Sublease Basic Monthly Rent for Suite 160 shall be $-0-, and during the period after the first month following the Sublease Expansion Date, the Sublease Basic Monthly Rent for Suite 160 shall be the same as the Sublease Basic Monthly Rent for Suite 400 on an annual per rentable square foot basis. but the Sublease Expiration Date will not be affected; however, in all events, the Sublease Basic Monthly Rent and Subtenant's Share of Operating Expenses, if any, shall be abated in their entirety, that is, shall be zero, for Suite 400 during the first month following the Sublease Commencement Date, and for Suite 160 during the first month following the Sublease Expansion Date: Periods Sublease Basic Monthly Rent Annual Cost Per Rentable Square Foot October 1, 2017 through October 31, 2017, inclusive $-0- per month1 $ -0- November 1, 2017 through January 31, 2018, inclusive $73,121.08 per month $ 29.00 February 1, 2018 through February 28, 2018, inclusive $73,121.08 per month2 $ 3 March 1, 2018 through September 30, 2018, inclusive $107,606.92 per month $ 29.00 October 1, 2018 through September 30, 2019, inclusive $110,315.64 per month $ 29.73 (to the extent that one or more of the extension options set forth in Paragraph 2.2 of this Sublease are exercised) October 1, 2019 through March 31, 2020, inclusive $113,061.47 per month $ 30.47 View More