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 ​. Effective ​, 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.

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

Promptly after the Annual Fixed Rent has been determined, Landlord and Tenant shall execute and deliver an agreement setting forth the Annual Fixed Rent for the Extension Term, as finally determined, provided that the failure of the parties to do so shall not affect their respective rights and obligations hereunder.

the annual fixed rent payable by Tenant during each Extension Period (hereinafter called the “Extension Rent”) shall, subject to adjustment as otherwise in this lease provided, be an amount equal to 95% of the fair market value of the Demised Premises, to be determined as provided in [Section 22.03] and to be calculated as of the Renewal Term Commencement Date on the basis of a new letting of the Demised Premises for a term of five (5) years, and

when the Extension Rent shall be so finally determined, there shall be made, between Landlord and Tenant, appropriate retroactive charges or credits, as the case may be, to reflect the amount of any underpayment or overpayment of annual fixed and additional rent during such interim period.

Tenant shall accept the Extension Premises in their “as is” condition at the commencement of the Extension Term, Landlord shall not be required to perform any work, to pay any work allowance or any other amount or to render any services to make the Extension Premises ready for Tenant’s use and occupancy or to provide any abatement of Annual Fixed Rent or additional rent, in each case with respect to the Extension Term,

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).

Tenant agrees to pay the annual fixed rent and additional rent in lawful money of the United States of America. The fixed rent shall be paid in equal monthly installments in advance on the first day of each calendar month during the term of this lease commencing on the Rent Commencement Date, at the office of Landlord set forth above, or such other place as Landlord may designate, without any setoff or deduction whatsoever except as otherwise provided in this lease. If the Rent Commencement Date shall be other than the first day of a calendar month, the annual fixed rent shall be prorated for the month in which the Rent Commencement Date occurs and such prorated amount shall be payable on the first day of the first full calendar month thereafter.

ANNUAL RENT/MONTHLY RENT. The Rent during the New Term shall be as follows: