Rent Computation Sample Clauses

Rent Computation. For purposes of computing unpaid rent which would have accrued and become payable under this Lease, unpaid rent shall consist of the sum of: (i) the total monthly Base Rent for the balance of the term of the Lease; plus (ii) the total Additional Rent payable to Landlord for the balance of the term of the Lease. For purposes of computing Additional Rent payable to Landlord for the calendar year of the default and each future calendar year of the term of the Lease, the “Additional Rent” payable to Landlord shall be assumed to be equal to the additional rent payable to Landlord for the Contract Year prior to the Contract Year in which default occurs compounded at a rate equal to the mean average rate of inflation for the three (3) calendar years preceding the calendar year of the default, as determined by using the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index (All Urban Consumers, All Items, 1982-84 equals 100) for the metropolitan area or region of which the Leased Premises are a part. If such index is discontinued or revised, the average rate of inflation shall be determined by reference to the index designated as the successor or substitute index by the government of the United States.
Sample 1Sample 2Sample 3
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Rent Computation. For the use of the Rented Premises, Tenant shall pay the City the rental amount of $2,756.00 per month which is also subject to applicable sales tax, currently $192.92 for a total of $2,948.92 per month payable in advance on or before the first day of each month. For the first five (5) years from the commencement date of this agreement, this rental fee shall be reviewed each year by the City and rental fee, plus all applicable taxes, shall be adjusted so as to maintain a fair rental rate based on change in the Consumer Price Index (CPI) – All Urban Consumers South Urban Region – All Items (base year 1982-84=100), as published by the United States Department of Labor – Bureau of Labor Statistics. Such CPI change will be computed each year after the completion of the month of July and any change will be implemented and effective with October rent payments of each year. The City recognizes that the rental payment identified in this paragraph is below the recommended fair market value for rental of this hangar, however Xxxxxx also agrees to fund up to $90,000.00 in capital improvements within the first five (5) year term of this agreement as outlined in Paragraph 3.3 below, which value distributed across five years equates to the total fair market value for rental of the hangar within the first five (5) year term of this agreement.
Sample 1
Rent Computation. For purposes of computing unpaid rent which would have accrued and become payable under this Lease, unpaid rent shall consist of the sum of: (a) the total Base Rental for the balance of the Term; plus (b) Tenant's Additional Rental for the balance of the Term. For purposes of computing, Additional Rental for the calendar year of the default and each future calendar year in the Term, it shall be assumed to be equal to the Additional Rental for the calendar year prior to the year in which default occurs compounded at a rate equal to the mean average rate of inflation for the three (3) calendar years preceding the calendar year of the default, as determined by using the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index (All Urban Consumers, all items, 1982-84 equals 100) for the metropolitan area or region of which Houston, Texas is a part. If such index is discontinued or revised during the Term, such other government index or computation with which it is replaced shall be used in order to obtain substantially the same result as would be obtained if the index had not been discontinued or revised. If no replacement index exists then Landlord shall select as a replacement index that index which, in Landlord's opinion, is generally recognized as the successor index.
Sample 1
Rent Computation. For purposes of computing the rent which would have accrued from the date of termination through the Expiration Date, Rent shall consist of the sum of: (a) the total Monthly Base Rent for the balance of the Term; plus (b) recapture of the prorated portion (over the initial Term) of any construction allowance, lease commission or fee paid by Landlord to Tenant or on Tenant's behalf (or to Tenant or any affiliate of Tenant), or any free rent period (granted to Tenant or any affiliate of Tenant) or other fees that were left unpaid by Tenant or any affiliate of Tenant; plus
Sample 1
Rent Computation. For purposes of computing unpaid rent which would have accrued and become payable under this Lease, unpaid rent shall consist of the sum of: (a) the total Monthly Base Rent for the balance of the Term; plus (b) Tenant’s Percentage Share of Increased Direct Expenses and Increased Taxes for the balance of the Term. For purposes of computing Increased Direct Expenses the Direct Expenses for the calendar year of the default and each future calendar year in the Term shall be assumed to be equal to the Direct Expenses for the calendar year prior to the year in which default occurs compounded at a rate equal to the mean average rate of inflation for the three (3) calendar years preceding the calendar year of the default, as determined by using the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index (All Urban Consumers, All Items, 1982-84 equals 100) for the metropolitan area or region of which San Francisco, California is a part. If such index is discontinued or revised, the average rate of inflation shall be determined by reference to the index designated as the successor or substitute index by the government of the United States.
Sample 1
Rent Computation. The rent will be XXX 00 per square meters per month, starting from the effective date of this Agreement. This price may be readjusted three years thereafter in accordance with the rise or fall of the then market leasing price. Any rise or fall of the new rental shall not exceed 10% of the previous rental.
Sample 1
Rent Computation. For purposes of computing unpaid rental which would have accrued and become payable under this Lease during any future period, unpaid rental shall consist of the sum of: (a) the total Base Rental for the balance of the term; plus (b) Additional Rental for the balance of the term. For purposes of computing Additional Rental for the calendar year of the default and each future calendar year for the balance of the term, such Additional Rental shall be assumed to be equal to Additional Rental for the calendar year prior to the year in which default occurs.
Sample 1
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Rent Computation. For purposes of computing unpaid rent for the balance of the Term pursuant to Subsection 20.1(c), unpaid rent shall consist of the sum of: (a) the total monthly Base Rent for the balance of the Term; plus (b) Tenant's Proportionate Share of Operating Expenses and Taxes for the balance of the Term. For purposes of computing Operating Expenses for the calendar year of the default and each future calendar year in the Term shall be assumed to be equal to the Operating Expenses for the calendar year prior to the year in which default occurs compounded at a rate equal to the mean average rate of inflation for the three (3) calendar years preceding the calendar year of the default, as determined by using the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index (All Urban Consumers, all items, 1982-84 equals 100). If such index is discontinued or revised, during the Term, such other government index or computation with which it is replaced shall be used in order to obtain substantially the same result as would be obtained if the index had not been discontinued or revised. If no replacement index exists then Landlord shall select as a replacement index that index which, in Landlord's opinion, is generally recognized as the successor index.
Sample 1

Related to Rent Computation

  • Computation of Overtime In computing overtime a period of thirty (30) minutes or less shall be counted as one-half (½) hour and a period of more than thirty (30) minutes but less than sixty (60) minutes shall be counted as one (1) hour.

  • Interest Computation In computing interest on the Obligations, all checks, wire transfers and other items of payment received by Silicon (including proceeds of Receivables and payment of the Obligations in full) shall be deemed applied by Silicon on account of the Obligations three Business Days after receipt by Silicon of immediately available funds, and, for purposes of the foregoing, any such funds received after 12:00 Noon on any day shall be deemed received on the next Business Day. Silicon shall not, however, be required to credit Borrower's account for the amount of any item of payment which is unsatisfactory to Silicon in its sole discretion, and Silicon may charge Borrower's loan account for the amount of any item of payment which is returned to Silicon unpaid.

  • Computation In the event the Prime Rate is changed from time to time hereafter, the applicable rate of interest hereunder shall be increased or decreased, effective as of the day the Prime Rate is changed, by an amount equal to such change in the Prime Rate. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) day year for the actual number of days elapsed.

  • Calculation of Rent All calculation of Rent payable hereunder shall be computed based on the actual number of days elapsed over a year of three hundred sixty (360) days or, to the extent such Rent is based on the Prime Lending Rate, three hundred sixty-five (365) (or three hundred sixty-six (366), as applicable) days.

  • Daily Computation The Investment Manager shall determine on each business day whether the aggregate Term to date Fund Operating Expenses for any class of a Fund exceed the Operating Expense Limit, as such Operating Expense Limit has been pro-rated to the date of such determination (the “Pro-Rated Expense Cap”). If, on any business day, the aggregate Term to date Fund Operating Expenses for any class of a Fund do not equal the Pro-Rated Expense Cap for that class, the amount of such difference shall be netted against the previous day’s accrued amount for Excess Amounts or Recoupment Amounts (as defined below), and the difference shall be accrued for that day as an Excess Amount or Recoupment Amount as applicable.

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.

  • Computation Period Interest on the Loans and all other amounts payable by Borrower hereunder on a per annum basis shall be computed on the basis of a 360-day year and the actual number of days elapsed (including the first day but excluding the last day) unless such calculation would result in a usurious rate or to the extent such Loan bears interest based upon the Base Rate, in which case interest shall be calculated on the basis of a 365-day year or 366-day year, as the case may be. In computing the number of days during which interest accrues, the day on which funds are initially advanced shall be included regardless of the time of day such advance is made, and the day on which funds are repaid shall be included unless repayment is credited prior to the close of business on the Business Day received. Each determination by Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • Computation of Time Periods In this Agreement in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding”.

  • Determination of Applicable Interest Rate As soon as practicable on each Interest Rate Determination Date, Bank shall determine (which determination shall, absent manifest error in calculation, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Advances for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Borrower.

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