Example ContractsClausesPrepaid Rent
Prepaid Rent
Prepaid Rent contract clause examples

Prepaid Rent. Tenant shall, upon execution of this Lease, pay to Landlord the amount set forth in Article 1 as First Month’s Prepaid Rent, as prepayment of rent for credit against the first installment of Base Monthly Rent and Additional Rent due hereunder.

Prepaid Amounts. In the event that [[OUTSET:Organization]] has prepaid fees for any Products or Services that have not been properly delivered or completed upon the expiration or other termination of this Agreement, Supplier shall provide a refund to [[OUTSET:Organization]] of any prepaid amounts for such Products and Services within ​ days after such expiration or other termination, as applicable. In the event that Supplier has properly provided Products and Services through the date of expiration or other termination of this Agreement that have not been paid for by [[OUTSET:Organization]], [[OUTSET:Organization]] shall pay for such Products and Services within ​ days after receipt of a complete invoice detailing such fees.

Prepaid Rent. Upon execution of this Sublease, Subtenant shall deliver to Tenant, one month, equal to the sum of$ $28,697.67 as prepaid rent to be applied to Rent due for first month of the Sublease.

Prepaid Rent. Upon execution of the Sublease, Subtenant shall deliver to Sublandlord the sum of $55,625.00 (or such other amount as prorated for less than a full first month) as prepaid rent to be applied to Rent due for month 1 of the Sublease Term; provided, however that if the Sublease becomes of null effect pursuant to Section 23 herein, such prepaid rent will be returned to Subtenant within five (5) business days.

Landlord currently holds an amount equal to Twenty-Four Thousand Eight Hundred Sixty-Two and 32/100 Dollars ($24,862.32) (“Existing Security Deposit”) as the Security Deposit under the Lease. Concurrently with execution of this Amendment, and as a condition for Landlord’s benefit and the execution of this Amendment, Tenant shall pay to Landlord Six Thousand Five Hundred Fifty-Five and 00/100 Dollars ($6,555.00) (“Additional Security Deposit”) to be added to the Existing Security Deposit for all purposes under the Lease. The Additional Security Deposit when added to the Existing Security Deposit shall be the “Security Deposit” in the aggregate amount of Thirty‑One Thousand Four Hundred Seventeen and 32/100 Dollars ($31,417.32) under the Lease. Tenant expressly waives the benefits of any statute now or hereafter in effect which would prevent Landlord from applying all or any portion of the Security Deposit, as increased hereby, to offset any future rent owing to Landlord at the termination of the Lease prior to the expiration of the term of the Lease, including, without limitation, California Civil Code Section 1950.7.

Prepaid Tax. If any portion of any assessments against the Property other than Real Estate Tax that are paid by the Sellers with respect to the Property at or prior to the Closing determined on a cash (rather than accrual) basis, relate to any period of time including or after the Closing Date, the Buyer shall pay to the Sellers at the Closing the amount of such other assessments paid prorated for the number of days, from, including and after Closing to which such tax relates.

Prepaid Expenses. All right, title and interest of the Sellers in and to all prepaid expenses, credits, advance payments, Claims, security, refunds, rights of recovery, rights of set-off, rights of recoupment and deposits relating to the Business or Purchased Assets;

Prepaid Expenses. All prepaid and security deposits related to the Business listed on [Schedule 1.4], including with respect to the Purchased Assets.

Prepaid Research Funding. [[MyoKardia:Organization]] will pay Fulcrum a non-refundable payment of Two Million Five Hundred Thousand Dollars ($2,500,000) as prepaid research funding within ​ after receipt by [[MyoKardia:Organization]] of a corresponding invoice from Fulcrum, which shall be issued no earlier than the Effective Date.

Tenant shall pre-pay the first months’ Base Rent, Estimated Operating Expenses and Security Deposit upon the execution of the Lease. The Security Deposit due upon execution of the Lease shall be equal to six (6) months’ Base Rent calculated using the Base Rent rate payable upon execution of the Lease. Assuming Lessee is not in default (beyond notice and cure periods), Lessor will reduce the Security Deposit per the following schedule:

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