Base Annual Rental definition

Base Annual Rental has the meaning set forth in Section 1.05.

Base Annual Rental means $1,257,618.00, subject to the increases provided in Section 5.B.

Base Annual Rental means the Initial Base Annual Rental set forth in Section 2.05 as adjusted as set forth in Sections 2.06, 2.07 and 5.02.

Examples of Base Annual Rental in a sentence

• During the Lease Term (including any Extension Term), on the first Adjustment Date and on each Adjustment Date thereafter, the Base Annual Rental shall increase by an amount equal to the Rental Adjustment; provided, however, that in no event shall Base Annual Rental be reduced as a result of the application of the Rental Adjustment.

• United Air Lines, Inc., 527 U.S. 471, 489 (1999), superseded by statute, ADA Amendments Act of 2008, Pub.

• From and after the Property Termination Date with respect to a Property, the Base Annual Rental shall be reduced by an amount equal to the product of (i) Applicable Rent Reduction Percentage for such Property, and (ii) the Base Annual Rental in effect immediately preceding the Property Termination Date.

• Notwithstanding the foregoing, upon the commencement of the third Extension Term in the 31st year of this Lease, the Base Annual Rental in lieu of the calculation in Section 4.B(i), shall be the fair market rent determined in accordance with Section 19 hereof.

• Notwithstanding any provision contained herein, in no event shall Base Annual Rental be reduced as a result of the application of the Rent Adjustment described in this Section 4.B(i), except as may occur with respect to the third Extension Term in accordance with Section 4.B(ii).

More Definitions of Base Annual Rental

Base Annual Rental means NINE HUNDRED SIXTY-THREE THOUSAND FORTY AND NO/100 DOLLARS ($963,040.00), effective as of October 18, 2001; or (b) modifying, amending, terminating, limiting or affecting in any manner the obligations and liabilities of Lessee pursuant to the Master Lease as set forth in the following Section 2.

Base Annual Rental means $439,968.

Base Annual Rental means $5,344,600.44.

Base Annual Rental means initially the amount $[__________] and as increased as described on each Adjustment Date as set forth in Article III and Article IV. For the convenience of the parties Base Annual Rental for each year of the Initial Term and the first three (3) Extension Terms (if exercised) shall be as set forth in Schedule 1.13.

Base Annual Rental means $203,000.00, as adjusted pursuant to the terms herein.

Base Annual Rental means $2,179,673.64.

Base Annual Rental means $3,402,030.24, subject to the increases provided for in Section 5.B.