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Annual Fixed Rent
Annual Fixed Rent contract clause examples

Fixed Rent. Commencing on the Commencement Date, Subtenant shall pay to Sublandlord annual base rent (“Fixed Rent”) in an amount equal to Thirty-One and 00/100 Dollars ($31.00) per rentable square foot. The parties acknowledge and agree that the Fixed Rent shall increase three percent (3%) annually, as set forth below:

Base Rent. During the Term, Subtenant shall pay to Sublandlord as base monthly rent ("Base Rent") the following amounts per month (which amounts are equal to $7.25 per rentable square foot per month for one hundred percent (100%) of the Subleased Premises and twenty five percent (25%) of the Shared Area, with an annual increase of 3.5% commencing on the first anniversary of the Commencement Date):

Base Rent. From and after the Rent Commencement Date and continuing until the Expiration Date, Subtenant shall pay to Sublandlord base annual rent (“Base Rent”) in the sum of TWO MILLION SIX HUNDRED THREE THOUSAND SIX HUNDRED AND 00/100 DOLLARS ($2,603,600.00) per annum, payable in equal monthly installments, in advance on or prior (but not more than thirty (30) days prior) to the first day of each month, in the amount of $216,966.67.

Fixed Rent. Commencing on June 1, 2021 (the “Rent Commencement Date”) and continuing through the Sublease Term, Sublessee shall pay to Sublessor Annual Fixed Rent (“Annual Fixed Rent” or “Fixed Rent”) for the Subleased Premises at the annual rates applicable to the periods and in the monthly installments as set forth below, in advance, on the first (1st) day of each calendar month during the Sublease Term.

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