Rent for Irregular Periods Sample Clauses

Rent for Irregular Periods. All Rent reserved herein will be deemed to accrue from day to day, and if for any reason it will become necessary to calculate Rent for irregular periods of less than one year, an appropriate pro-rata adjustment will be made on a daily basis in order to compute Rent for that irregular period.
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Rent for Irregular Periods. All Rent reserved in this Lease, including the Additional Rent, accrues from day to day, and if for any reason it becomes necessary to calculate Rent for irregular periods of less than one year, an appropriate pro rata adjustment will be made on a daily basis in order to compute Rent for such irregular period.
Sample 1
Rent for Irregular Periods. All Rent shall be deemed to accrue from day to day, and for irregular periods an appropriate pro rata adjustment shall be made, as herein provided. If the first Lease Year exceeds 365 days (or 366 days, where the first Lease Year includes February 29), then: (a) for and on account of Minimum Rent for the first Lease Year, the Tenant shall pay in addition to the annual Minimum Rent set out in Section 1.1(f) an amount calculated by dividing the annual Minimum Rent set out in Section 1.1(f) for the first Lease Year by 365 (or 366, as the case may be) and multiplying by the number of days that the first Lease Year exceeds 365 (or 366, as the case may be). The said amount shall be paid by the Tenant on the Commencement Date. The calculation by the Landlord, acting reasonably, of such amount, will govern; and (b) for and on account of Percentage Rent, in applying Sections 4.3 and 4.4, the Gross Revenue for the first Lease Year will include, for greater certainty, Gross Revenue for and during the period of such excess number of days, and “the Minimum Rent payable for (or during) such Lease Year” will include the amount payable as provided for in Section 4.7(a). Where the first Lease Year is less than 365 days (or 366 days, where the first Lease Year includes February 29), or any other Lease Year or period is irregular or shorter or longer than any standard provision of this Lease contemplates, then an adjustment will be made consistent with Sections 4.7(a) and 4.7(b) or, if the Landlord so elects, will be made in such other manner as the Landlord acting reasonably may determine, calculate or stipulate. If the percentage rate applicable for the calculation of Percentage Rent for the purposes of this Lease varies for periods within any Lease Year, then the manner of calculation of the Percentage Rent will be as selected by the Landlord for such Lease Year, and it is agreed that if more than one outcome might result depending on which percentage rate is used the Landlord may apply the percentage rate that results in the highest Percentage Rent.
Sample 1

Related to Rent for Irregular Periods

  • Payment for period of leave 30.9.1. Each employee before going on leave shall be paid the amount of wage he/she would have received in respect of the ordinary time which he/she would have worked had he/she not been on leave during the relevant periods. For the purpose of this clause and 29.1 wages shall be at the rate prescribed by the relevant part of Schedule 3 for the classification in which the employee was ordinarily employed immediately prior to the commencement of his/her leave.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period. (b) At the election of the employee such payments may be paid in accordance with the usual pay day relevant to the period of leave being taken.

  • Payment for Working Overtime on a Holiday Where an employee is required to work authorized overtime in excess of his regularly scheduled hours on a paid holiday, such employee shall receive twice (2x) his regular straight time hourly rate for such authorized overtime.

  • Payment for Overtime 1. Except as provided in 2.C.3., below, overtime shall be compensated at one and one-half (1 1/2) times the regular rate. 2. Except as provided in 2.C.3., below, for all regular, limited-term and probationary employees, overtime may be converted to compensatory time or paid for at the option of the agency/department. Consideration shall be given to effectuating the wishes of employees. The maximum number of CTO hours which may be accrued by any employee is eighty (80). If an employee accrues 80 hours of CTO, he/she cannot accrue additional CTO until he/she uses some of the hours in his/her bank; instead, employees will be paid for all overtime work performed in excess of that amount. 3. Overtime hours worked by extra help employees shall be paid. 4. Compensatory time earned and accrued by an employee in excess of thirty-two (32) hours may be scheduled off for an employee by his or her agency/department; however, consideration shall be given to effectuating the wishes of those employees requesting specific compensatory time off periods. 5. No scheduled compensatory time off will be cancelled except in cases of emergency. 6. In no case may an employee's work schedule be changed during the workweek when the purpose of such change is to avoid overtime compensation. 7. Time worked as overtime shall not be used to earn fringe benefits or to serve out probation or merit increase periods. Compensatory time off may be used as part of the established workweek to earn fringe benefits and to serve out probationary and merit increase periods. 8. An employee separating from the County service shall be paid for accumulated compensatory time in a lump sum payment.

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

  • Payment for Improvements If payment is made directly to contractors, Tenant shall (i) comply with Landlord's requirements for final lien releases and waivers in connection with Tenant's payment for work to contractors, and (ii) sign Landlord's standard contractor's rules and regulations. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord an amount equal to five percent of the cost of such work to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If Tenant does not order any work directly from Landlord, Tenant shall reimburse Landlord for Landlord's reasonable, actual, out-of-pocket costs and expenses actually incurred in connection with Landlord's review of such work.

  • Regular Hours The regular hours of work each day shall be consecutive except for interruptions for lunch periods.

  • Payment for leave (a) Payment will be made based on the Employee’s ordinary pay for the ordinary hours the Employee would have worked on the day or days on which the leave was taken. (b) An Employee utilising personal leave may take leave for part of a single day. Leave will be deducted from the Employee’s accrued personal leave including, where relevant, for a part day.

  • Payment for TIPS Sales TIPS Members may make payments for TIPS Sales directly to Vendor, Vendor’s Authorized Reseller, or as otherwise agreed to in the applicable Supplemental Agreement after receipt of the invoice and in compliance with applicable payment statutes. Regardless of how payment is issued or received for a TIPS Sale, Vendor is responsible for all reporting and TIPS Administration Fee payment requirements as stated herein.

  • Waiting Periods All applicable waiting periods, if any, under the HSR Act shall have expired or been terminated.

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