Annual rental rate definition
Annual rental rate means the amount paid as rent for property for a twelve month period. If property is rented for a term of less than twelve rental months, the annual rental rate equals the rent paid for the actual rental term during the tax period. If property is rented for a term of twelve or more months and the current tax period covers a period of less than
Annual rental rate means the amount paid as rental for property for a twelve-month period (i.e., the amount of the annual rent).
Annual rental rate means the amount paid as rental for property for a 12-month period.
Examples of Annual rental rate in a sentence
As of October 1, 2001, the rent mentioned in paragraph 5.1 of the lease shall be modified as follows: Start date End date Annual rental rate Applicable surface December 1, 2000 September 31, 2001 $15.27 20,747 sq.
For indoor boat rental (Annual rental rate is subject to change on “Rental Renewal Date”.) • $50/Month Outdoor Boat Storage • $75/Month Outdoor RV parking space If, on the “Rental Renewal Date”, the (then) annual boat storage rental payment has not been received in full by Owner, the Renter will be denied access to the boat storage space until such time as the annual payment is received.
More Definitions of Annual rental rate
Annual rental rate. Year One (1) - $22.00/RSF Year Two (2) - $22.00/RSF Year Three (3) - $22.00/RSF Year Four (4) - $22.00/RSF Year Five (5) - $22.00/RSF
Annual rental rate means: (x) from the Lease Effective Date through and including the last day of the third (3rd) Lease Year of the Lease Term, an amount equal to $1.00 per annum, (y) from the first (1st) day of the fourth (4th) Lease Year of the Lease Term through and including the last day of the fourth (4th) Lease Year of the Lease Term, an amount equal to $5,000,000.00 per annum, and (z) for each Lease Year thereafter during the Lease Term, as of the first (1st) day of such Lease Year, the Annual Rental Rate shall be increased to an amount equal to the Annual Rental Rate in effect on the day immediately preceding the first (1st) day of such Lease Year multiplied by the Rent Escalation Factor. The "Rent Escalation Factor" shall mean one hundred and two percent (102%).
Annual rental rate means the amount paid as rental for prop- erty for a 12-month period.
Annual rental rate shall have the meaning as defined in Section 6.1(b).