Example ContractsClausesDefinitions of Key Terms Relating to Additional Rent
Definitions of Key Terms Relating to Additional Rent
Definitions of Key Terms Relating to Additional Rent contract clause examples
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are hereinafter collectively referred to as the " XE "Additional Rent" Additional Rent", and the Base Rent and the Additional Rent are herein collectively referred to as "Rent XE "Rent" ." All amounts due under this Article 4 as Additional Rent shall be payable for the same periods and in the same manner as the Base Rent. Without limitation on other obligations of Tenant which survive the expiration of the Lease Term, the obligations of Tenant to pay the Additional Rent provided for in this Article 4 shall survive the expiration of the Lease Term (subject to the terms of Section 4.4.1, below).

Additional Provisions Relating to [Section 409A]. The following is added to the Agreement as Section 7:

Estimated Additional Rent: Annual Reconciliation. [[Organization A:Organization]] shall, each year during the Term of this Lease Agreement, give [[Organization B:Organization]] an estimate of Operating Expenses and Real Estate Taxes payable per square foot of rentable area for the coming calendar year. [[Organization B:Organization]] shall pay, as Additional Rent, along with its monthly Minimum Rental payments required hereunder, one-twelfth (1/12) of such estimated Operating Expenses and Real Estate Taxes and such Additional Rent shall be payable until subsequently adjusted for the following year pursuant to this Article. As soon as possible after the expiration of each calendar year, [[Organization A:Organization]] shall determine and certify to [[Organization B:Organization]] the actual Operating Expenses and Real Estate Taxes for the previous year per square foot of rentable area in the Building and the amount applicable to the Premises. If such statement shows that [[Organization B:Organization]]’s share of Operating Expenses and Real Estate Taxes exceeds [[Organization B:Organization]]'s estimated monthly payments for the previous calendar year, then [[Organization B:Organization]] shall, within thirty (30) days after receiving [[Organization A:Organization]]'s certification, pay such deficiency to [[Organization A:Organization]]. In the event of an overpayment by [[Organization B:Organization]], such overpayment shall be refunded to [[Organization B:Organization]], at the time of certification, in the form of an adjustment in the Additional Rental next coming due, or if at the end of the Term by a refund.

General Terms. In addition to paying the Base Rent specified in Article 3 of this Lease, shall pay “’s Share” of the annual “Direct Expenses,” as those terms are defined in Sections 4.2.6 and 4.2.22] of this Lease. Such payments by , together with any and all other amounts payable by to pursuant to the terms of this Lease, are hereinafter collectively referred to as the “Additional Rent,” and the Base Rent and the Additional Rent are herein collectively referred to as “Rent.” All amounts due under this Article 4 as Additional Rent shall be payable for the same periods and in the same manner as the Base Rent. Without limitation on other obligations of the parties which survive the expiration of the Lease Term, the obligations of to pay the Additional Rent provided for in this Article 4 and the obligation of to reconcile and reimburse for overpayments of Additional Rent shall survive the expiration of the Lease Term.

Rent. All Rent and other payments required to be made by Tenant to Landlord hereunder shall be payable to Landlord at Landlord’s Remittance Address set forth in the Basic Lease Information, or at such other address as Landlord may specify from time to time by written notice delivered in accordance herewith. Tenant’s obligation to pay Rent and any other amounts to Landlord under the terms of this Lease shall not be deemed satisfied until such Rent and other amounts have been actually received by Landlord.

RENT. LESSEE shall pay LESSOR base rent of one hundred five thousand nine hundred ninety nine (105,999) U.S. dollars per year, drawn on a U.S. bank, in monthly installments of $8,833.25 on or before the first day of each calendar month, without offset or deduction. One monthly rental payment, plus an appropriate traction of a monthly payment for any portion of a month at the commencement of the lease term, shall be made upon LESSEE’S execution of this lease. All payments shall be made to LESSOR at 200 West Cummings Park, Woburn, Massachusetts 01801, or at such other place designated in writing by LESSOR. If the “Cost of Living” has increased as shown by the Consumer Price Index (Boston, Massachusetts, all items, all urban consumers), U.S. Bureau of Labor Statistics (“Index”), then base rent due during each calendar year of this lease and all extensions thereof shall be adjusted in proportion to any increase in the Index. The base month from which to determine the amount of each increase shall be January 2016, which figure shall be compared with the figure for November 2016, and each November thereafter to determine the increase (if any) in base rent to be paid during the following calendar year commencing each January 1.

Capitalized Terms and Definitions. Unless specifically defined herein, capitalized terms in this Agreement shall have the definition described in the Executive Severance Plan. Employee acknowledges that they have received a copy of the Executive Severance Plan.

Plan Terms and Definitions. Except to the extent that the context clearly provides otherwise, all terms used in this Grant Agreement have the same meaning as given such terms in the Plan. This Grant Agreement is subject to the terms and provisions of the Plan, which are incorporated by reference. In the event of any conflict between the provisions of this Grant Agreement and those of the Plan, the provisions of the Plan shall control.

. As used in this Agreement, the following terms shall have the meanings set forth below:

Capitalized Terms and Definitions. Unless specifically defined herein, capitalized terms in this Agreement shall have the definition used in the Plan. Employee acknowledges that she has received a copy of the Plan.

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