Lease Rate. Business/Organization agrees to pay for the Rental of Space as follows.
Lease Rate. Resident shall be billed (to their student account) in three installments: Fall semester (Aug-Dec. rent); Spring semester (Jan.-May rent); Summer (June & July rent). Bill due dates follow the University payment rules. Resident payment options: a. Resident can pay the semesters rent in full at the time of billing. b. Resident can sign up for "Bear Pay" with the UNC Cashier's Office. The rates stated in the latest edition of the rates page are applicable to the Leased Premises and are inclusive of all Resident fees that provide social, cultural, and educational services. All rent payments shall be made to UNC at the Cashier's Office, or on URSA on the UNC website. a. Monthly Service Charge on Unpaid Rent: Services charges will be
Lease Rate. Lease Rate" shall mean interest at the rate of the product of 0.846 times the then-effective LIBOR Rate plus .0046 per annum.
Lease Rate. Section 2.23 is hereby deleted, and is replaced with the following:
Lease Rate. Tenant hereby agrees to pay to Landlord, as rent for the above described term, the total sum of $ , in periodic installments of $ upon execution of this Lease,$ on , and $ per month on the FIRST day of each month thereafter. Rent shall be paid in a single check or money order made out to . It is important to include the tenant code of on all payments. Landlord will charge a fee of $5.00 for each additional check tendered each month. Rent that is mailed shall not be considered paid until actually received by Landlord. Security Deposit/Notices. Prior to , , Tenant shall deposit with Landlord the sum of $ _ which sum shall be held by Landlord as a Security Deposit as provided under Michigan law. In no case is Landlord obligated to apply this deposit to rent or other charges in arrears, but may do so at his option. Unless otherwise provided by statute, all communications with Landlord regarding the security deposit hereunder or any other matter related to this Lease shall be hand delivered or mailed by certified mail, return receipt requested, to Landlord at the address set forth at the bottom of this page, and shall be complete upon receipt by Landlord. Checks tendered to settle disputed accounts shall be addressed to “Dis- puted Accounts” at Landlord’s address below. The Security Deposit shall be deposited at: Bank of Xxx Arbor, 000 Xxxxx Xxxxx Xxx Xxxxx, XX 00000 Parking/Furniture. Tenant shall be entitled to parking space(s). Availability Not Guaranteed. The premises are Furnished Unfurnished
Lease Rate. Effective as of the Renewal Date, a single Lease Rate will be computed equal to the Renewal Rate. The Renewal Rate for the Renewal Term shall be the fair market value lease rate for this type of lease as determined in accordance with the following provisions. The parties shall attempt to determine the fair market value lease rate by mutual agreement within 15 days after the date Tenant gives the Renewal Notice. If the parties do not agree on such lease rate within the 15 day period, the appraisal procedure set forth in Section 12.2(d) shall be used. The appraisers shall be instructed to appraise the fair market value lease rate as a financing lease rate for a health care facility of the same type as the Facility. The appraised rates submitted by the three appraisers shall be ranked from highest to lowest, the rate (highest or lowest) which is furthest from the middle rate shall be discarded, and the remaining two appraised rates shall be averaged to arrive at the appraised lease rate. The Renewal Rate shall be the appraised lease rate provided, however, that Landlord shall not be obligated to renew this Lease at a Renewal Rate less than the lease rate then being charged by Landlord to tenants of comparable creditworthiness for comparable facilities.
Lease Rate. Resident shall be billed (to their student account) in three installments: Fall semester (Aug-Dec. rent); Spring semester (Jan.-May rent); Summer (June & July rent). Bill due dates follow the University payment rules. Resident payment options: a. Resident can pay the semesters rent in full at the time of billing. b. Resident can sign up for "Bear Pay" with the UNC Cashier's Office. The rates stated in the latest edition of the rates page are applicable to the Leased Premises and are inclusive of all Resident fees that provide social, cultural, and
Lease Rate. Effective as of the Renewal Date, a single Lease Rate will be computed equal to the Renewal Rate. The Renewal Rate will be the sum of the Lease Rate for the final year of the Initial Term plus 25 basis points.
Lease Rate. Effective as of the Renewal Date, the Renewal Rate will be the highest Lease Rate in effect during the last year of the Initial Term plus the increase as set forth in §2.2 hereof ("Renewal Rate").
Lease Rate. Annual Triple Net Lease Rate is as follows: First Year Rate: $4.37/square foot/year commencing February 1, 2021 (the Lease Commencement Date as further defined in the Lease). Upon the first anniversary date of the Lease Commencement Date, and for all consecutive anniversaries thereafter, the lease rental rate will be adjusted each year by the annual percentage change in the Consumer Price Index for All Urban Consumers (CPI-U) published closest to the anniversary of the Lease Commencement Date, but not less than two percent (2%).
