Daily IRRS. The Daily IRRS is an amount equal to the Agreed Rent minus the IRR for each Tenant who has been let a Property in accordance with this Agreement, with the Agreed Rent and the IRR being pro-rated on a daily basis for each day falling within the Payment Period. Where the IRR equals or exceeds the amount of the Agreed Rent for that Property, the Daily IRRS will be zero. All IRRS amounts are GST-exclusive.
Appears in 4 contracts
Samples: Services Agreement, Services Agreement, Services Agreement
