1997 007 Ordinance - Laserfiche WebLink

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of rent due and owing shall be paid by Tenant to Landlord on the Effective Date of the Tower Lease or GTE Tower Lease. (ii) In the event the Effective Date of the Tower Lease or GTE Tower Lease occurs during the second five (5) years of the initial thirty-fi.ve (35) year '.Perm of this Lease, t}Ze rent to be paid by Tenant to Landlord shall be in equal yearly in- stallments of Twenty Thousand Eight hundred Eighty Dollars ($20,880.00) each. Tenant shall pay any yearly installment of rent on the successive annual anniversaries of the Commencement Date hereof. Any partial year (i.e., from the Effective Date of the Tower Lease or GTE Tower Lease to t}ie immediately subsequent Commencement Date anniversary) shall be prorated and the ba.l.ance of rent due and owing shall. be paid by Tenant to Landlord on the Effective Date o1 the 'l'ower. Lease dr G`i'I;"'l'ower Lease. (iii) In the event the Effective Date of the Tower Lease or GTE Tower Lease occurs during the third five (5) years of the initial thirty-five (35) year. Term of this Lease, the rent to be paid by ~1'en~nt to Landlord shall be in equal yearly installments of `T'wenty-Five Thousand fifty-Six Dollars ($25,056.00) caclz. Tenant shall pay any yearly installment of rent on the successive annual anniversaries of tl~e Commencement Date hereof. Any partial year (i.e., from the Effective Date of the Tower Lease or GTL rl'ower Lease to tl~e immediately subsequent Commencement Date anniversary) shall be prorated and tl~e balance of rent due and owing slta]..l be paid by ~1'enant to Landlord on the Effective Date 'of the `1'owor Lease or GTI~ ~l'ower Lease. (iv) In the event the Effective Date of the Tower Lease or GTE Tower Lease occurs during the fourth five (5) years of the initial thirty-five (35) year Term of tlZis Lease, the rent to be paid by Tenant to Landlord shall be in egtia]. yearly in- stallments of Thirty Thousand Sixty-Seven Do1lar.s ($30,067.00) each. Tenant shall pay any yearly installment of rent on the successive annual anniversar.ies~of the Commencement Date hereof. 5.