TPTX » Topics » Base Rent:

This excerpt taken from the TPTX 8-K filed Oct 10, 2006.

Base Rent:

 

Portion of Term

 

Monthly Base Rent
PSF(1)

 

Monthly Base Rent(1)
Based Upon 20,162
Rentable Square Feet

 

From Commencement Date to February 28, 2007, inclusive

 

$

2.45

 

$

49,396.90

 

From March 1, 2007 to February 29, 2008, inclusive

 

$

2.52

 

$

50,808.24

 

From March 1, 2008 to February 28, 2009, inclusive

 

$

2.60

 

$

52,421.20

 

 

2



 


(1)   Monthly Base Rent PSF (except for the Initial Monthly Base Rent) is rounded and is for general illustrative purposes only.  The actual Rent is calculated in the Monthly Base Rent column and is an increase of 3.0% over that for the previous year.

 

"Base Rent:" elsewhere:

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