Fixed Rent. Subtenant shall pay to Sublandlord Fixed Rent for the Premises during the period commencing on March 1, 2021 and expiring on the Expiration Date as follows :
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.
Fixed Rent. Tenant shall pay Fixed Rent to Landlord, or as otherwise directed by Landlord, without offset, abatement (except as provided in Article 1 or Article 7), deduction or demand, except as expressly provided in this Lease. Except for the installment of Fixed Rent due on the Rent Commencement Date which is other than the first day of a month, Fixed Rent shall be payable in advance, on the first day of each and every calendar month during the term of this Lease, at the Address for Payment of Rent, or at such other place as Landlord shall from time to time designate by notice, by check drawn on a domestic bank or by wire or other electronic transfer.
Fixed Basic Rent. From November 1, 2019 through October 31, 2021, the Minimum Rent payable pursuant to the Lease for the Premises as amended by this Third Amendment, based upon 13,330 rsf, which are separated based on rates per rsf for Suite 300 in one instance, and Suites [[Unknown Identifier]] and 320 as follows:
Modifications To Annual Fixed Rent. Notwithstanding any provision in the Lease to the contrary, the monthly amount of Annual Fixed Rent due under the Lease shall be as follows for the following periods only:
During the Extension Term of this Lease (if Tenant exercises its option to extend the Term hereof in accordance with Section 2.4), the annual Fixed Rent to be paid by Tenant during each Lease Year of the Extension Term shall be determined as of the first day of the Extension Term and shall equal the Fair Market Rental Value.
Tenant covenants and agrees that, during the entire Expansion Lease Term (as hereinafter defined), Tenant shall pay to Landlord the Fixed Rent at the annual rate set forth in Section 2(b) hereof, in equal monthly installments, in advance, on the first day of each calendar month during the Expansion Lease Term, at the office of Landlord (or, upon no less than thirty (30) days’ written notice to Tenant, such other place as Landlord may designate, without any abatement, reduction, setoff, counterclaim, defense or deduction whatsoever; it being agreed, however, that if Tenant shall not then be in default of any of Tenant’s obligations under the Lease beyond any applicable notice and cure periods, Landlord hereby excuses Tenant’s obligation to pay any Fixed Rent and Recurring Additional Rent for the period (the “Expansion Rent Concession Period”) beginning on the Effective Date and ending on the day immediately preceding the Expansion Rent Commencement Date. As used herein, herein the “Expansion Rent Commencement Date” shall mean the later to occur of # the date that is ninety (90) days after the Commencement Date, and # May 1, 2019. In the event that the Expansion Rent Commencement Date shall commence on a date which shall be other than the first day of a calendar month, Fixed Rent for the Expansion Premises shall be prorated at the rental rate applicable during the first year of the Expansion Lease Term, and shall be paid by Tenant to Landlord together with the first full monthly installment of Fixed Rent applicable to the Expansion Premises as shall become due hereunder.
1 Determined based on most recent fiscal quarter annualized.
Fixed Assets. All machinery, equipment, furniture, furnishings, molds, fixtures, tools, dies, vessels, vehicles, computers and other tangible personal property used in or useful to Seller’s conduct of the Business;
Fixed Term. The Fixed Term of this Lease is twelve (12) years, commencing on January 1, 2022 (the “Commencement Date”) and ending on December 31, 2033.
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