Initial Rent definition

Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);
Initial Rent means the monthly rents noted in the Rent Schedule attached hereto as Exhibit B, and made a part hereof. These rents must not exceed 30% of 95% of Area Median Income for a person or a family, as applicable.
Initial Rent means the Rent payable under this Licence in respect of each Premises as is specified in Column 2 of Item 5 of Schedule 1; Law includes the provisions of any statute, rule, regulation, proclamation, ordinance or by-law, present or future, whether state, federal or otherwise; Licence means this licence including all Schedules and Annexures hereto; Licensee means the licensee referred to in Column 2 of Item 2, of Schedule 1; Licensor means the licensor referred to in Column 2 of Item 1 of Schedule 1 and includes its assigns and for the purpose of clauses 35, 36, 37, 38, 39, 40, 41, and 42 includes Her Majesty the Queen, the State of New South Wales and the Minister and their heirs, successors, agents, servants, employees and contractors;

Examples of Initial Rent in a sentence

  • Initial Rent to OwnerThe initial rent to owner is: $ During the initial lease term, the owner may not raise the rent to owner.

  • The Tenant must pay: for the period starting on the Rent Commencement Date [and ending on the day before the first Rent Review Date] the Initial Rent[; and during the remainder of the Term, the Rent].

  • Initial Rent to OwnerEnter the amount of the monthly rent to owner during the initial lease term.

  • Within seven Business Days after the Monthly Invoice Date for the Initial Rent Month and each subsequent Month during the Term, Aurizon must give the Trustee a RCTI ( Monthly Invoice) specifying the Rent for that Month.

  • The Licensee must pay to the Licensor on the Commencement Date the Initial Rent and thereafter must pay on each Due Date, Rent in advance adjusted as provided in sub- clauses 14.4 and 14.5.


More Definitions of Initial Rent

Initial Rent means, in respect of an Aircraft, an amount equal to the difference between the purchase price for such Aircraft and the sum of the pre-delivery payments made on account of such Aircraft and the aggregate Commitments of the Financiers therefor.
Initial Rent means the Rent payable under this Lease in respect of the Premises as is specified in Column 2 of Item 5 of Schedule 1 expressed as an annual amount;
Initial Rent means One Hundred and Sixty Six Thousand and Thirty Six Euro (€166,036.00) per annum;
Initial Rent means the annual rent reserved by the Lease, calculated in accordance with clause 10.2 and subject to review under the Lease;
Initial Rent shall have the meaning ascribed to it in Paragraph 6a hereof.
Initial Rent. Base Rent”, and “Commercial Rent” as defined below are collectively referenced as “Rent”.