Examples of Annual Lease Rental in a sentence
This shall be applicable to all WPI values corresponding to the year in which the Annual Lease Rental is to be increased.
The amount of Annual Lease Rental shall be escalated at the rate of five percent (5%) every Year during the Concession Period.
An amount of Rs. (Rupees only) equivalent to the first Six Months Annual Lease Rental (computed on the basis of the Annual Lease Rental payable in the first Year of Concession) of the Concession Period, has been deposited by the Preferred Bidder/ Concessionaire, with the Authority within 15 Days of issue of LoA and prior to the Execution Date, as an interest free security deposit.
The Concessionaire shall ensure that it maintains, at all times during the Concession Period, a deposit with the Authority of an amount equal to Six (6) Months Advance Lease Rental Deposit calculated on the basis of applicable Annual Lease Rental for that particular Year (“Security Deposit”).
Kyocera therefore prioritizes dividends in its basic profit distribution policy.
Payment of the Project Development Fee, First instalment of Upfront Amount and First initial “base Year Annual Lease Rental”, First Year Advance Annual Lease Rental, submission of Performance Security Bank Guarantee, shall be preconditions for the signing of the Authorisation Agreement.
If the Authorisee fails to make the Annual Lease rental payments to TSRTC, the Advance Annual Lease Rentals(Security Deposit), (6 months payments on advance basis) and yearly enhancement of advance Annual Lease Rental within the stipulated period, a penalty @ 18% per annum on the outstanding amounts would be effective from and including the due date to excluding the date of payment.
The Base Annual Lease Rental for initial year (Initial year after Holiday period) is as specified in the Data Sheet.
The Annual Lease Rental for the first Year of Concession is Rs _.
The Authorisee should quote the ―Base Annual Lease Rental (ALR)‖ payable to TSRTC.