KEISER, STEVEN J. - Laserfiche WebLink

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Prior to the first day of each calendar month shall be delinquent. Delinquent rentals not actually received on or prior to the tenth of the month shall be subject to a delinquency charge in an amount not exceeding 10% of such delinquent payment or $10.00, whichever is greater, provided that such charge may be collected not more than once on any one delinquent payment. (b) The Tenant shall pay to Landlord as rent for the Premises, a Monthly rental of TWO THOUSANDRIGHT HUNDRED QUI AND I 1 ---- =� `�' The rental shall be payable by Tenant, in advance, upon the first day of each and every calendar month during the Term. Notwithstanding the foregoing, if Tenant's obligation to pay rent is abated as provided in Section 2 of this Lease, then the total amount of fixed rent payable under this Lease shall be reduced by an amount equal to the product of the number Of months during which the rent under this Lease is abated, multiplied by the monthly installments of rent provided above. 'If Tenant's obligation to Pay rent shall commence on any day other than the first day of the month, or if the Lease expires on a date other than the end of a calendar month, the rent for such partial, month shall be the pro --rats portion of the monthly installment of rent provided above allocated over that portion of said month which falls within the Term. All prorations shall be computed on the basis of a thirty (30) day month. (a) The minimum monthly rent provided for in Section 3(b) shall be subject to adjustment upward, but never downward, at the commencement of the second year of the Term and each year thereafter ("the adjustment date") as followse The Index used for computing the adjustment is the Consumer Price Index QPI-Wh all Urban Consumers, for the Los Angeles -Long Beach -Anaheim Metropolitan Area published by the United States Department of Labor^, Pureau of Labor Statistics ("Index") which is published for the date nearest the date of commencement or adjustment date, whichever shall apply. The Index; for the adjustment date shall be computed as a percentage of the index for the immediately prier adjustment date. For example,, assuming the index; for the immediately prior adjustment date is 135 and the index for the current adjustment data is 145, the percentage to be applied is 145/135 = 1.07 - 107 percent. That percentage shall be applied to the rent then being paid by Tenant and shall continue until the next adjustment date. If the'described index shall no longer be published, another index; generally recognized as authoritative shall be substituted by agreement'of the parties. If they are unable to agree within ZO days after demand by either party, the substitute index shall, on application of either party, be selected by the chief officer of the San Francisco regional office of the Bureau of Labor Statistics, or its successor. (d) Tenant shall deposit with Landlord an amount equal to one msanth's rent, or DEPOSS1T WAIVED �_9 UPOn Commen,empnt of the Lease, said sum to be held by Landlord as security for the faithful performance by Tenant of all the terms, covenants, and conditions of this Lease to be kept and performed by Tenant during the term hereof. If Tenant defaults with respect to any provision of this Lease, including, but not limited to the ,-