Common use of Monthly Rental Clause in Contracts

Monthly Rental. 6.1 The monthly rental payable by the Lessee in respect of the leased premises shall be the area of the leased premises multiplied by R .00 ( ) (excluding Vat) per square metre. 6.2 The monthly rental shall escalate at a rate of % per annum compounded, on each anniversary of the commencement date during the period of the lease.

Appears in 4 contracts

Samples: Lease Agreement, Offer to Lease, Lease Agreement

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Monthly Rental. 6.1 6.1. The monthly rental payable by the Lessee in respect of the leased premises shall be the area of the leased premises multiplied by R .00 ( ) (excluding Vat) per square metre. 6.2 The monthly rental shall escalate at a rate of % per annum compounded, on each anniversary of the commencement date during the period of the lease.

Appears in 4 contracts

Samples: Offer to Lease, Lease Agreement, Lease Agreement

Monthly Rental. 6.1 The monthly rental payable by the Lessee in respect of the leased premises shall be the area of the leased premises multiplied by R .00 ( ) (excluding Vat) per square metre. 6.2 The monthly rental shall escalate at a rate of % per annum compounded, on each anniversary of the commencement date during the period of the lease.

Appears in 3 contracts

Samples: Offer to Lease, Offer to Lease, Lease Agreement

Monthly Rental. 6.1 The monthly rental payable by the Lessee in respect of the leased premises shall be the area of the leased premises multiplied by R .00 ( rands) (excluding Vat) Excluding Vat or any equivalent Tax), which shall be paid in local currency at the prevailing exchange rate per square metre. 6.2 The monthly rental shall escalate at a rate of % per annum compounded, on each anniversary of the commencement date during the period of the lease.

Appears in 1 contract

Samples: Lease Agreement

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Monthly Rental. 6.1 The monthly rental payable by the Lessee in respect of the leased premises shall be the area of the leased premises multiplied by R .00 $ ( US Dollars) (excluding Vat) Excluding Vat or any equivalent Tax), which shall be paid in local currency at the prevailing exchange rate per square metre. 6.2 The monthly rental shall escalate at a rate of % per annum compounded, on each anniversary of the commencement date during the period of the lease.

Appears in 1 contract

Samples: Lease Agreement

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