Base Rental definition

Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50
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Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term as set forth in the Base Rental Agreement by and between Landlord and Tenant.
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Base Rental means the highest minimum guaranteed rental charged during the lease term in which the adjustment of rental is computed.
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Examples of Base Rental in a sentence

  • The Base Rental Payments are subject to prepayment as provided in Section 6.06 of the Master Lease/Purchase Agreement.

  • Such insurance shall be payable to Lessor in amounts proportionate to Lessee's loss of use of the Property and Equipment and the corresponding rental abatement, if any, and shall supplement Lessee's applicable Base Rental Payments, if any, during the restoration period in sufficient amount to make Lessor whole.

  • The interest components of the Base Rental Payment shall be paid by ▇▇▇▇▇▇ as and constitute interest paid on the principal components of the Base Rental Payments to be paid by Lessee hereunder computed on the basis of a 360-day year composed of twelve 30-day months.

  • Each Base Rental Payment shall be payable not less than the business day preceding its due date.

  • The policy shall insure against abatement of Base Rental Payments payable by Lessee resulting from ▇▇▇▇▇▇'s loss of use of the Property and Equipment or any substantial portion thereof and caused by any and all perils, either insured or uninsured, including acts of God.


More Definitions of Base Rental

Base Rental and “Base Rental Payments” means all amounts payable to the Authority from the County as Base Rental Payments pursuant to Section 3.01 hereof.
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Base Rental. The total sum of $247,500.00 payable to Lessor at 901 St. Louis Street, Suite 106, Springfield, Missouri 65806, or suc▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇iting, shall be due and payable in equal monthly installments of $6,875.00 in advance and without demand or offset on the first day of each calendar month during the Lease Term or any renewal period hereof; the first of such installments shall be paid on the date hereof. If Lessee's occupancy under this Agreement commences on any day other than the first day of a calendar month, then a prorata portion of the Base Rental applicable to the partial first month of occupancy shall be paid on or before the first day of occupancy and shall be in addition to the total Base Rental set forth above.
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Base Rental means the “Base Rental” set forth in the Basic Lease Terms.
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Base Rental means the sum of $156,271.50 as described on the Base Rental Schedule attached hereto and made a part hereof as adjusted under Paragraph 6 hereof and under any other provision of this Lease. The Base Rental due for the first month of the Lease Term (as hereafter defined) has been deposited with Landlord by Tenant contemporaneously with the execution hereof.
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Base Rental means the amounts specified as such in Section 3.1(a) of the Sublease, as such amounts may be adjusted from time to time in accordance with the terms of the Sublease, but does not include Additional Rental.
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Base Rental has the meaning set forth in the Trust Agreement.
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Base Rental means ONE DOLLAR AND NO 00/100THS ($1.00) payable to City annually as hereinafter provided from current revenues available to Tenant.
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