Fixed Rental Charges Sample Clauses

Fixed Rental Charges. 4.6.1. The licensee will have to pay fixed rental charges as per approved rate as per Maha-Metro’s policy. The bidder/licensee will have to declare the load required for the property business space at the time of possession of business space as per (Annexure-A). Depending on the load the fixed rental charges will be levied by Maha-Metro, which will be revised yearly during license period. Licensee shall have to maintain its power demand within the declared load. However, the licensee if request for additional power load the Maha-Metro will provide the same with the fixed charges applicable for increased load. Licensee will have to apply the same one month in advance. Sr. No Establishments Monthly fixed rental Charges (Rs. / kW / month) 1 Normal Shop 4000 3900 3970 4010 3330 3210 2 Cold Storage only 4900 4770 4860 4900 4050 3900 4.6.2. The responsible persons, one each from O&M team, Accounts / finance team and third-party user representative will check the connected load initially and at surprise visits and will sign the report as per Annexure-A.
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Fixed Rental Charges. The Licensee/licensee will have to pay fixed rental charges as per approved rate as per Maha- Metro’s policy. The Licensee/licensee will have to declare the load required for the advertisement spaces at the time of possession of advertisement space as per (Annexure-A). Depending on the load the fixed rental charges will be levied by Maha-Metro, which will be revised yearly during license period. Licensee shall have to maintain its power demand within the declared load. However, the licensee if request for additional power load the Maha-Metro will provide the same with the fixed charges applicable for increased load. Licensee will have to apply the same one month in advance Sr. No Establishments Monthly rental Charges (Rs. / kW / month) The responsible persons, one each from O&M team, Accounts / finance team and third-party user representative will check the connected load initially and at surprise visits, and will sign the report as per Annexure-A.
Fixed Rental Charges. The licensee will have to pay fixed rental charges as per approved rate as per Maha-Metro’s policy. The bidder/licensee will have to declare the load required for the property business space at the time of possession of business space (Annexure-A). Depending on the load the fixed rental charges will be levied by Maha-Metro, which will be revised yearly during license period. Licensee shall have to maintain its power demand within the declared load. However, the licensee if request for additional power load the Maha-Metro will provide the same with the fixed charges applicable for increased load. Licensee will have to apply the same one month in advance. 1 Normal Shop# 4000 3900 3970 4010 3330 3210
Fixed Rental Charges. 4.3.1. In addition to the License Fees, the Successful Bidder shall have to pay fixed rental charges of Rs. 900 per month per Digital Screen. The Fixed Rental Charges shall be paid in advance and shall be paid on quarterly basis.

Related to Fixed Rental Charges

  • Base Rent Purchaser will receive a credit at Closing for the prorated amount of all base or fixed rent payable pursuant to the Leases and all Additional Rents (collectively, “Rent”) previously paid to, or collected by, Seller and attributable to any period following the Closing Date. Rents are “Delinquent” when they were due prior to the Closing Date, and payment thereof has not been made on or before the Closing Date. Delinquent Rent shall not be prorated at Closing. All Rent collected by Purchaser or Seller from each tenant from and after Closing will be applied as follows: (i) first, to Delinquent Rent owed for the month in which the Closing Date occurs (the “Closing Month”), (ii) second, to any accrued Rents owing to Purchaser, and (iii) third, to Delinquent Rents owing to Seller for the period prior to Closing. Any Rent collected by Purchaser and due Seller will be promptly remitted to Seller. Any Rent collected by Seller and due Purchaser shall be promptly remitted to Purchaser. Purchaser shall use reasonable efforts to collect Delinquent Rents owed to Seller in the ordinary course of its business; provided, however, that Seller hereby retains the right to pursue any tenant under the Leases for any Rent and other sums due Seller for period attributable to Seller’s ownership of the Property; and provided further, however, Seller (i) shall be required to notify Purchaser in writing of Seller’s intention to commence or pursue any legal proceedings; and (ii) shall not be permitted to commence or pursue any legal proceedings against any tenant seeking eviction of such tenant or the termination of the underlying Lease. “Additional Rents” shall mean any and all amounts due from tenants for operating expenses, common area maintenance charges, taxes, shared utility charges, management fees, insurance costs, other comparable expenses and pass-through charges and any other tenant charges. The provisions of this Section 14.5 shall survive the Closing and the delivery of any conveyance documentation.

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