Document ID: 14636

Text:
4. | Rent. ---|--- 4.01From 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 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. All other items of Rent shall be due and payable by Tenant on or before 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 designated by Landlord from time to time. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord an administration fee in the amount of $500.00, provided that Tenant shall be entitled to a grace period of up to five (5)days for the first late payment of Rent in a calendar 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 twelve percent ( 12% ) per annum, and Tenant shall pay Landlord a reasonable fee for any checks returned by Tenants bank for any reason. Nothing in this paragraph shall be deemed to waive or condition any claim of Default by Landlord for Tenants failure to timely pay Rent, which is governed by Section18, below. Landlords 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. Tenants obligation so to pay Rent 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 Tenants 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 constructive eviction to any action seeking to recover Rent.

Named Entities:
41
42
Rent
44
45
Rent
232
235
Rent
309
310
Percentage

Tokenized Text:
4
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|
Rent
.
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4
.
01From
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
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
.
All
other
items
of
Rent
shall
be
due
and
payable
by
Tenant
on
or
before
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
designated
by
Landlord
from
time
to
time
.
If
Tenant
does
not
pay
any
Rent
when
due
hereunder
,
Tenant
shall
pay
Landlord
an
administration
fee
in
the
amount
of
$
500
.
00
,
provided
that
Tenant
shall
be
entitled
to
a
grace
period
of
up
to
five
(
5
)
days
for
the
first
late
payment
of
Rent
in
a
calendar
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
twelve
percent
(
12
%
)
per
annum
,
and
Tenant
shall
pay
Landlord
a
reasonable
fee
for
any
checks
returned
by
Tenants
bank
for
any
reason
.
Nothing
in
this
paragraph
shall
be
deemed
to
waive
or
condition
any
claim
of
Default
by
Landlord
for
Tenants
failure
to
timely
pay
Rent
,
which
is
governed
by
Section18
,
below
.
Landlords
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
.
Tenants
obligation
so
to
pay
Rent
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
Tenants
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
constructive
eviction
to
any
action
seeking
to
recover
Rent
.