Example ContractsClausesAnnual Fixed Rent and Escalations for the Substitute Storage Space
Annual Fixed Rent and Escalations for the Substitute Storage Space
Annual Fixed Rent and Escalations for the Substitute Storage Space contract clause examples
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Landlord shall, at its sole cost and expense, (i) prepare the Substitute Storage Space in substantially the same condition as the Storage Space, and (ii) relocate all of Tenant’s property.

the Annual Fixed Rent payable pursuant to [Section 5.1(a)(iii)] above with respect to the Entire 3rd Floor Space only shall be abated for the period commencing on June 1, 2016 and ending on October 31, 2016;

Annual fixed rent of yacht marina: Party C shall pay Party A a fixed rent of ​, which shall be paid before operation may begin. The annual fixed rent shall increase by ​ year by year (every 12 months).

Annual Fixed Rent During the Extension Term. Tenant shall continue to pay annual fixed rent for the Premises in the amounts set forth in the Lease through the expiration of the initial term on May 31, 2006. Effective June 1, 2006, Tenant shall pay annual fixed rent for the Premises pursuant to the terms of the Lease and as follows:

If the Extension Term commences prior to a determination of the Annual Fixed Rent for such Extension Term as herein provided, then the amount to be paid by Tenant on account of Annual Fixed Rent until such determination has been made shall be the average of the estimate set forth in Landlord’s Renewal Broker’s Letter and the estimate set forth in Tenant’s Renewal Broker’s Letter. After the Annual Fixed Rent during the Extension Term has been determined as aforesaid, any amounts theretofore paid by Tenant to Landlord on account of Annual Fixed Rent in excess of the amount of Annual Fixed Rent as finally determined shall be credited by Landlord against the next ensuing monthly Annual Fixed Rent payable by Tenant to Landlord or, if applicable, any deficiency in the Annual Fixed Rent due from Tenant to Landlord shall be paid by Tenant to Landlord within thirty (30) days following such final determination.

If the fair market rent is not established prior to the commencement of the renewal term, then Tenant shall pay fixed annual rent and payments for Operating Expenses and Taxes for the 14th Floor Expansion Space at the rate that was in effect for the 14th Floor Expansion Space immediately prior to the commencement of the renewal term and, as soon as the fair market rent is determined for the 14th Floor Expansion Space, Tenant shall pay to Landlord within ten (10) days of written demand any deficiency in the amount paid by Tenant during such period, or, if Tenant paid excess rent during such period, Landlord shall credit such excess payments to the rent amounts next due.

the Annual Fixed Rent payable pursuant to [Section 5.1(b)] above with respect to the 5th Floor Space only shall be abated for the period commencing on the 5th Floor Commencement Date and ending on the day (the “5th Floor Rent Commencement Date”) that is four hundred (400) days following the 5th Floor Commencement Date; and

Option Rent. The annual Rent payable by Tenant during the Option Term (the "Option Rent") shall be equal to the "Fair Rental Value," as that term is defined below, for the Premises as of the commencement date of the Option Term. The "Fair Rental Value," as used in this Lease, shall be equal to the annual rent per rentable square foot (including additional rent and considering any "base year" or "expense stop" applicable thereto), including all escalations, at which tenants (pursuant to leases consummated within the twelve (12) month period preceding the first day of the Option Term), are leasing non-sublease, non-encumbered, non-equity space which is not significantly greater or smaller in size than the subject space, with a comparable level of improvements (excluding any property that Tenant would be allowed to remove from the Premises at the termination of the Lease), for a comparable lease term, in an arm's length transaction, which comparable space is located in the "Comparable Buildings," as that term is defined in this Section 2.2.2, below (transactions satisfying the foregoing criteria shall be known as the "Comparable Transactions"), taking into consideration the following concessions (the "Concessions"):

until the Extension Rent shall be so finally determined, the annual fixed rent payable by Tenant during the Extension Period shall be equal to the annual fixed and additional rent payable hereunder for the immediately preceding year; and

providing for a rental rate, on a per rentable square foot basis (including fixed annual rent and additional rent) which (after taking into account all rent concessions provided for therein) is equal to or in excess of the Annual Fixed Rent and Additional Rent, on a per rentable square foot basis, payable hereunder for the term of the Sublease (hereinafter called the “Lease Rent”) or, in the alternative, provides for a rental rate that is less than the Lease Rent, but will automatically increase to the Lease Rent from and after the attornment of the sublessee to Landlord pursuant to the Landlord’s Non-Disturbance Agreement.

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