Example ContractsClausesAdditional Rent
Additional Rent
Additional Rent contract clause examples

Additional Rent. Throughout the Lease Term, Tenant shall pay all expenses incurred by Tenant pertaining to the operation, repair, maintenance and restoration of the Premises as set forth in this Lease. The Base Rent, together with Tax Expenses and any and all other amounts payable by Tenant pursuant to the terms of this Lease as well as any payments payable to any association pertaining to the CC&Rs, shall be hereinafter collectively referred to as the “Additional Rent.” The Base Rent and Additional Rent are herein collectively referred to as the “Rent.”

ADDITIONAL RENT: In addition to Base Rent, throughout the Term, Sublessee shall pay to Sublessor “Tenant’s proportionate share of Building Costs and Property Taxes” in connection with the Premises in accordance with the terms of the Master Lease; provided that, Sublessee shall have a fiscal Base Year from 7-1-17 to 6-30-18 for calculating Tenant’s proportionate share of Building Costs and Property Taxes. Additionally, throughout the Term, Sublessee shall pay to Sublessor as additional rent for this subletting all other building charges incurred at the request of, or on behalf of, Sublessee, or with respect to the Premises and all other additional expenses, costs and charges payable to Lessor in connection with Sublessee’s use of the Premises, including parking costs. All amounts due under this paragraph as additional rent shall be payable with monthly Base Rent in the same manner, time and place as Base Rent (irrespective of any abatement of Base Rent hereunder).

Additional Rent. In consideration of Landlord’s additional improvement expenditures, Tenant will pay to Landlord, as Additional Rent due under the Lease, the sum of $353,876.86, payable within two (2) business days after the Effective Date of this Third Amendment. Notwithstanding any contrary provision in the Lease, such payment of Additional Rent shall be deemed to be timely and no interest or late charges are due with respect thereto. Furthermore, the Additional Rent satisfies in full, and forever discharges, any claims by Landlord relating to compensation for additional improvement expenditures made by Landlord prior to the Effective Date of this Third Amendment.

Additional Rent. During the Extension Term, in addition to Base Rent, Tenant shall continue to pay to Landlord as Additional Rent at times specified in the Lease (a) Tenant’s Share of Operating Expenses, (b) the Property Management Fee and (c) any other amounts that Tenant assumes or agrees to pay under the provisions of the Lease that are owed to Landlord, including any and all other sums that may become due by reason of any default of Tenant or failure on Tenant’s part to comply with the agreements, terms, covenants and conditions of the Lease to be performed by Tenant, after notice and the lapse of any applicable cure periods.

General Terms. In addition to paying the Base Rent specified in Article 3 of this Lease, Tenant shall pay “Tenant’s Share” of the annual “Direct Expenses” as those terms are defined in Sections 4.2.6 and 4.2.2 of this Lease, respectively. Such payments by Tenant, together with any and all other amounts payable by Tenant to Landlord pursuant to the terms of this Lease other than Base Rent, are hereinafter collectively referred to as the “Additional Rent”. All amounts due under this Article 4 as Additional Rent shall be payable for the same periods and in the same manner as the Base Rent. Without limitation on other obligations of Tenant which survive the expiration of the Lease Term, the obligations of Tenant to pay the Additional Rent provided for in this Article 4 shall survive the expiration of the Lease Term.

RENT; ADDITIONAL RENT

Additional Rent; Rent. All sums payable by Tenant under this Lease, other than Basic Rent, shall be deemed “Additional Rent,” and, unless otherwise set forth herein, shall be payable in the same manner as set forth above for Basic Rent. Basic Rent and Additional Rent shall jointly be referred to as “Rent” within the meaning of California Civil Code Section 1951(a), the nonpayment of which, after the expiration of applicable notice and cure periods, shall entitle Landlord to exercise all rights and remedies provided in Article XX or by law. It is intended that the Rent provided for in this Lease shall be an absolutely net return to Landlord for the Term of this Lease and any renewals or extensions thereof, free of any and all expenses or charges with respect to the Premises except for the exclusions set forth in Section 6.2 and for those obligations of Landlord expressly set forth herein.

Additional Rent. In addition to Base Rent, Sublessee shall pay to Sublessor as additional rent (“Additional Rent”) an amount equal to the monthly payments required to fund escrows for Taxes (as hereinafter defined) pursuant to Section 5.2 to be held, applied, disbursed and/or otherwise spent in accordance with the Facility Mortgage Documents accruing only during the Term of this Sublease. The terms Base Rent and Additional Rent are sometimes collectively referred to as “Rent.”

Additional Rent. Tenant covenants and agrees to pay the following, as Additional Rent:

Additional Rent” shall mean all sums other than Fixed Rent payable by Tenant to Landlord under this Lease, including Tenant’s Tax Excess, Tenant’s Operating Costs Excess, the Electricity Charge, late charges, overtime or excess service charges, and interest and other costs related to Tenant’s failure to perform any of its obligations under this Lease.

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