Annual Fixed Rent

Annual Fixed Rent contract clause examples

Fixed Annual Rent. From and after the Term Commencement Date, the Subtenant shall pay to Sublandlord, as fixed annual rent (“Fixed Annual Rent”), the amounts set forth below, in advance on the first (1st) day of each calendar month during the Term of this Sublease, without set-off, abatement, deduction or demand, except as expressly set forth herein. Fixed Annual Rent due for any partial month at the beginning or end of the term shall be prorated on a per diem basis.

Annual Fixed Rent: The following amounts:

“(a) Fixed Annual Rent. Tenant shall pay Landlord an annual Fixed Annual Rent (the “Fixed Annual Rent”) in the sum of Five Million Two Hundred Ninety-Six Thousand Six Hundred Ninety-Six and No/100 Dollars ($5,296,696.00) payable in advance in equal monthly installments of Four Hundred Forty-One Thousand Three Hundred Ninety-One and 33/100 Dollars ($441,391.33) (“Fixed Monthly Rent”).”

“Fixed Annual Rent” has the meaning set forth in Section 4.02(a), as amended from time to time.”

Annual Fixed Rent. The rent table set forth in clause (a) of the definition of “Annual Fixed Rent” in Section 1.2 of the Existing Lease is hereby deleted in its entirety and replaced with the following:

Annual Fixed Rent: The Annual Fixed Rent payable with respect to such Portion of the Currently-Committed Put Premises shall be the product of: (i) the Rentable Area of such Portion of the Currently-Committed Put Premises, taking into account the provisions Section 2.1(B) and Section 3.4(C), multiplied by the Annual Fixed Rent Rental Rate (as defined in Section 1.1), from time to time.

“Annual Fixed Rent” shall be as defined in Section 1.1.

Annual Fixed Rent. From the Effective Date through the day immediately preceding the 2019 Expansion Space Commencement Date, Tenant shall continue to pay Annual Fixed Rent for the Existing Premises as set forth in the Lease, and commencing on the 2019 Expansion Space Commencement Date, Tenant shall pay to Landlord, in accordance with the terms and conditions of the Lease, Annual Fixed Rental for the Premises (including the Existing Premises and the 2019 Expansion Space) in amounts applicable to the periods set forth below as follows:

Annual Fixed Rent: The Annual Fixed Rent payable with respect to the Basement Put Premises shall be the product of: (i) the Rentable Area of the Basement Put Premises, as determined in accordance with Sections 3.4(A) and 3.4(C), multiplied by the then-applicable Annual Fixed Rent rental rate applicable to the Basement Put Premises as set forth on the schedule attached hereto as Exhibit 3.4.2.

Annual Fixed Rent . The definition of “Annual Fixed Rent” in Section 1.1 of the Lease is hereby amended by deleting clause (a) of such definition in its entirety and replacing it with the following:

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