Example ContractsClausesbase rentVariants
Base Rent
Base Rent contract clause examples

Base Rent. Notwithstanding anything to the contrary contained herein, Tenant shall continue to pay Base Rent for the entire Premises (including the Early Termination Premises) as provided under the Lease through the Early Termination Date. Commencing on January 1, 2020, Tenant shall no longer be required to pay Base Rent with respect to the Early Termination Premises. Commencing on January 1, 2020, the amounts set forth for “Annual Base Rent” and “Monthly Installment of Base Rent” set forth in the table of Base Rent set forth in [Section 8] of the Summary of Basic Lease Information are hereby amended accordingly based on the remaining rentable square footage of the Premises as of January 1, 2020.

Base Rent. Tenant shall continue to pay Base Rent as provided in the Lease through November 30, 2019. Commencing on December 1, 2019, Tenant shall pay Base Rent with respect to the entire Premises equal to $50.00 per rentable square foot of the Premises per year. Commencing on December 1, 2020, and continuing thereafter on each December 1st through the Eighth Amendment Expiration Date (each an “Adjustment Date”), Base Rent shall be increased by multiplying the Base Rent payable immediately before such Adjustment Date by 2% and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date.

Base Rent—Existing Premises-Current Term. Tenant shall continue to pay Base Rent for the Existing Premises during the remainder of the Current Term (i.e. through February 28, 2023) at the respective rates, and in the manner and at the times provided in the Original Lease.

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