Annual Lease Rent definition

Annual Lease Rent means the annual lease rent payable by the Developer to Authority as part of the Consideration as set forth in the Schedule of Payment hereof;
Annual Lease Rent shall have the meaning as set forth in Article 2.4
Annual Lease Rent means the annual lease rent payable to the Authority by the Developer, as per the terms of the Development Agreement;

Examples of Annual Lease Rent in a sentence

  • The new bank guarantee towards revised Security Deposit shall be submitted 3 (three) months prior to the date from which the increased Annual Lease Rent is effective to cover the Security Deposit to the entire extent required under the Agreement, and after verification of same by the Authority, the earlier bank guarantee submitted towards Security Deposit will be returned/released.

  • I/We have quoted the Annual Lease Rent payable, above the Reserve Price.8. I/We/ any of the consortium members have not been debarred by the Central / any State Government or Quasi-Government Agency or PSU in India.

  • The first Annual Lease Rent shall become payable from the due date for payment of the Third Installment of the Lease Premium.C. License Fee: I/We offer to pay to the Authority every year in advance the License Fee for the Term of SFMA as per terms of the Station Facility Management Agreement.

  • Annual Lease Rent I/We offer to pay to RLDA every year in advance the Annual Lease Rent.

  • The payment of First Annual Lease Rent shall commence from the day after the execution of Lease Agreement and shall continue to be paid every year in advance at the beginning of each financial year (not later than 10th April) till the expiry of the Term of the Lease Agreement.


More Definitions of Annual Lease Rent

Annual Lease Rent means a sum of Rs.1,000/- (Rupee One Thousand only) per acre of lease Scheduled Property annually, with the first instalment starting from Lease commencement date until the expiry of period of lease agreed or termination of this lease, whichever is earlier.
Annual Lease Rent means the annual lease rentals as fixed by Administration from time to time excluding service charges and taxes charged.
Annual Lease Rent shall have the meaning as set forth in 2.9.2.
Annual Lease Rent means the consideration levied by RSCCL from an allotteefor the rights associated with the use of such land and/or any other fixed asset(s)for a specified purpose as agreed between the allottee and RSCCL, but excludingstatutory levies as may be applicable under prevailing law;
Annual Lease Rent shall have the meaning attributed to the term in clause 2.5.1 of this Agreement.
Annual Lease Rent means the annual lease/ground rent charged to the lessee for the land leased out;
Annual Lease Rent means the annual payment required to be made by the lessee to BSCDCL in yearly instalments, in advance at the beginning of each period, in consideration to the grant of lease rights on the plot / property.