Rent Clause Example with 14 Variations from Business Contracts

Rent. 4.01 Commencing on the Rent Commencement Date set forth in Section 1.06, Tenant shall pay Landlord, without any setoff or deduction, unless expressly set forth in this Lease, all Base Rent and Additional Rent due for the Term (collectively referred to 5 as "Rent"). "Additional Rent" means all sums (exclusive of Base Rent) that Tenant is required to pay Landlord under this Lease. Tenant shall pay and be liable for all rental, sales and use taxes (but excluding income taxes), if any, imposed upon ...or measured by Rent. Base Rent and recurring monthly charges of Additional Rent shall be due and payable in advance on the first day of each calendar month without notice or demand, provided that the installment of Base Rent for the seventh full calendar month of the Term shall be payable upon the execution of this Lease by Tenant. demand. All other items of Rent shall be due and payable by Tenant on or before 30 thirty (30) days after billing by Landlord. Rent shall be made payable to the entity, and sent to the address, Landlord designates and shall be made by good and sufficient 5 check payable in United States of America currency or by other means acceptable to Landlord. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord an administration fee in the amount equal to five percent (5%) of $250.00, all past due Rent, provided that Tenant shall be entitled to a grace period of up to 5 Business Days five (5) days for the first 2 (1st) two (2) late payments of Rent in a calendar year. In addition, past due Rent shall accrue interest at 10% twelve percent (12%) per annum, and Tenant shall pay Landlord a reasonable fee for any checks returned by Tenant's bank for any reason. annum from the due date until actually paid. Landlord's acceptance of less than the correct amount of Rent shall be considered a payment on account of the oldest obligation due from Tenant hereunder, then to any current earliest Rent then due hereunder, notwithstanding any statement to the contrary contained on or accompanying any such payment from Tenant. due. Rent for any partial month during the Term shall be prorated. No endorsement or statement on a check or letter accompanying payment shall be considered an accord and satisfaction. Tenant's covenant to pay Rent is independent of every other covenant in this Lease. 4.02 Tenant shall pay Tenant's Pro Rata Share of Taxes and Expenses in accordance with Exhibit B of this Lease. View More

Rent. 4.01 Tenant shall pay Landlord, without any setoff or deduction, unless expressly set forth in this Lease, all Base Rent and Additional Rent due for the Term (collectively referred to 5 as "Rent"). "Additional Rent" means all sums (exclusive of Base Rent) that Tenant is required to pay Landlord under this Lease. Tenant shall pay and be liable for all rental, sales and use taxes (but excluding income taxes), if any, imposed upon or measured by Rent. Base Rent and recurring monthly charges of Addi...tional Rent shall be due and payable in advance on the first day of each calendar month without notice or demand, provided that the installment of Base Rent for the seventh first full calendar month of the Term shall be payable upon the execution of this Lease by Tenant. All other items of Rent shall be due and payable by Tenant on or before 30 days after billing by Landlord. Rent shall be made payable to the entity, and sent to the address, Landlord designates and shall be made by good and sufficient check payable in United States of America currency or by other means acceptable to Landlord. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord an administration fee in the amount equal to 3% of $250.00, all past due Rent, provided that Tenant shall be entitled to a grace period of up to 5 Business Days for the first 2 late payments of Rent in a calendar year. In addition, past due Rent shall accrue interest at 10% per annum, an annual interest rate of the lesser of three (3%) percent over the prime rate as listed in the Wall Street Journal (or if the Wall Street Journal no longer lists a prime rate, the prime rate of another respected national publication) and Tenant shall pay Landlord a reasonable fee for any checks returned the maximum rate permitted by Tenant's bank for any reason. applicable Law. Landlord's acceptance of less than the correct amount of Rent shall be considered a payment on account of the oldest obligation due from Tenant hereunder, then to any current earliest Rent then due hereunder, notwithstanding any statement to the contrary contained on or accompanying any such payment from Tenant. due. Rent for any partial month during the Term shall be prorated. No endorsement or statement on a check or letter accompanying payment shall be considered an accord and satisfaction. Tenant's covenant to pay Rent is independent of every other covenant in this Lease. 6 4.02 Tenant shall pay Tenant's Pro Rata Share of Taxes and Expenses in accordance with Exhibit B of this Lease. View More

Rent. 4.01 From and after the Commencement Date, Tenant shall pay Landlord, without any setoff or deduction, unless expressly set forth in this Lease, all Base Rent and Additional Rent due for the Term (collectively referred to 5 as "Rent"). "Additional Rent" means all sums (exclusive of Base Rent) that Tenant is required to pay Landlord under this Lease. Tenant shall pay and be liable for all rental, sales and use taxes (but excluding income taxes), if any, imposed upon or measured by Rent. Base Rent... and recurring monthly charges of Additional Rent shall be due and payable in advance on the first day of each calendar month without notice or demand, provided that the installment of Base Rent for the seventh full calendar month of the Term shall be payable upon the execution of this Lease by Tenant. demand. All other items of Rent shall be due and payable by Tenant on or before 30 thirty (30) days after billing by Landlord. Rent shall be made payable to the entity, and sent to the address, Landlord designates and shall be made by good and sufficient check payable in United States of America currency or by other means acceptable designated by Landlord from time to Landlord. time. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord an administration fee in the amount of $250.00, $500.00, provided that Tenant shall be entitled to a grace period of up to 5 Business Days five (5) days for the first 2 late payments payment of Rent in a calendar year. year; provided, however, Landlord shall waive the administration fee for one (1) late payment in any twelve (12) month period during the Term. In addition, past due Rent shall accrue interest at 10% twelve percent (12%) per annum, and Tenant shall pay Landlord a reasonable fee for any checks returned by Tenant's bank for any reason. Nothing in this paragraph shall be deemed to waive or condition any claim of Default by Landlord for Tenant's failure to timely pay Rent, which is governed by Section 18, below. Landlord's acceptance of less than the correct amount of Rent shall be considered a payment on account of the oldest obligation due from Tenant hereunder, then to any current Rent then due hereunder, notwithstanding any statement to the contrary contained on or accompanying any such payment from Tenant. Rent for any partial month during the Term shall be prorated. No endorsement or statement on a check or letter accompanying payment shall be considered an accord and satisfaction. Tenant's covenant obligation so to pay Rent is under the Lease shall be absolute, unconditional, and independent and shall not be discharged or otherwise affected by any law or regulation now or hereafter applicable to the Premises, or any other restriction on Tenant's use, or, except as expressly provided in the Lease, any casualty or taking, or any failure by Landlord to perform or other occurrence; and Tenant waives all rights now or hereafter existing to assert any defense in the nature of every other covenant in this Lease. constructive eviction to any action seeking to recover Rent. 4.02 Tenant shall pay Tenant's Pro Rata Share of Taxes Expense Excess and Expenses Tax Excess in accordance with Exhibit B of this Lease. View More

Rent. 4.01 Tenant shall pay Landlord, without any setoff or deduction, unless expressly set forth in this Lease, all Base Rent and Additional Rent due for the Term (collectively referred to 5 as "Rent"). "Additional Rent" means all sums (exclusive of Base Rent) that Tenant is required to pay Landlord under this Lease. Tenant shall pay and be liable for all rental, sales and use taxes (but excluding income taxes), if any, imposed upon or measured by Rent. Base Rent and recurring monthly charges of Addi...tional Rent shall be due and payable in advance on the first day of each calendar month without notice or demand, provided that the installment of Base Rent for the seventh first full calendar month of the Term Term, and the first monthly installment of Additional Rent for Expenses and Taxes, shall be payable upon the execution of this Lease by Tenant. All other items of Rent shall be due and payable by Tenant on or before 30 thirty (30) days after billing by Landlord. Rent shall be made payable to the entity, and sent to 5 the address, Landlord designates and shall be made by good and sufficient check payable in United States of America currency or by other means acceptable to Landlord. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord an administration fee in the amount equal to 5% of $250.00, provided that Tenant shall be entitled to a grace period of up to 5 Business Days all Rent which is past due for the first 2 late payments of Rent in a calendar year. more than five (5) days. In addition, past due Rent of more than five (5) days shall accrue interest at 10% 12% per annum, and Tenant shall pay Landlord a reasonable fee for any checks returned by Tenant's bank for any reason. annum from the due date until actually paid. Landlord's acceptance of less than the correct amount of Rent shall be considered a payment on account of the oldest obligation due from Tenant hereunder, then to any current earliest Rent then due hereunder, notwithstanding any statement to the contrary contained on or accompanying any such payment from Tenant. due. Rent for any partial month during the Term shall be prorated. No endorsement or statement on a check or letter accompanying payment shall be considered an accord and satisfaction. Tenant's covenant to pay Rent is independent of every other covenant in this Lease. 4.02 Tenant shall pay Tenant's Pro Rata Share of Taxes and Expenses in accordance with Exhibit B of this Lease. View More