Base Rental Amount definition

Base Rental Amount as set forth in Section 38.1(E) of the Lease is hereby amended by adding the following clause (5) thereto:
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Base Rental Amount. Includes Pet Fee (if applicable) Reservation Charges:Security Dep. Waiver: if applicable Reservation Fees: 85.00 OR 55.00 Security Deposit: 0.00 Tax: Property ID: Property Name & Address:
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Base Rental Amount shall have the meaning set forth in Paragraph 4.
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Examples of Base Rental Amount in a sentence

  • Tenant shall be liable to pay one and one-half times (1.50 times) the Base Rental Amount for any hold-over period in the event Tenant fails to vacate on or before the applicable Expiration Date.

  • Such present value shall be calculated (i) by using the portion of the Monthly Base Rental Abatement Amount then remaining as of the Payment Date (as though such remaining portion of the Monthly Base Rental Amount benefitted Tenant at the mid-way point between the Payment Date and the last day of the abatement period) and (ii) by using a discount rate of five percent (5%) per annum.

  • Xxxxxx party may terminate this Agreement immediately upon written notice if the other party has failed to cure a breach of this Agreement within thirty (30) days following written notice of that breach given by the non-breaching party.

  • In the event Lessee requests a change order or modification to the Lessor’s Work on Upfits that affects the costs thereof, the Base Rental Amount for the Premises identified in Section 1 above for Lessor’s Work on Upfits may be adjusted up or down pursuant to a prior written change order agreement for building improvements signed by Lessor and Lessee by using the following formula: $0.026/SF/$25,000 (as calculated on 109,080 S.F.) change in direct costs.

  • Finally, the resource centers may help to further specify ethnic and culturally-specific risk and protective factors in the implementation of interventions .

  • Base Rental Amount adjustments, if any, will begin upon the Lease Commencement Date.

  • Upon the first anniversary date of the Lease Commencement Date and for all consecutive anniversaries thereafter, the Lease Base Rental Amount will be adjusted up each year by the annual percentage change in the Consumer Price Index for All Urban Consumers (CPI-U) published closest to the anniversary of the Lease Commencement Date, but not less than three percent (3%).

  • Base Rental Amount specified in Paragraph (5) of the Lease Agreement will increase six percent (6%) per annum beginning in month thirteen (13) of the initial Rental Term for the entire Term.

  • The Base Rental Amount is the sum of the rents for Base Rental Rate, Upfits Rental Rate and the Additional Land Rental Rate (if the Land Option in Section 6 is chosen).

  • Upon the first anniversary date of the Lease Commencement Date and for all consecutive anniversaries thereafter the lease Base Rental Amount will be adjusted each year by the annual percentage change in the CPI-U published closest to the anniversary of the Lease Commencement Date , but not less than three percent (3%).


More Definitions of Base Rental Amount

Base Rental Amount shall have the meaning set forth in Section 38.1 hereof.
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Base Rental Amount means the greater of (x) the amount described in Section 7.8(i)(A) hereof, and (y) the amount described in Section 7.8(i)(B) hereof.
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Base Rental Amount means an amount equal to the product of (i) the per square foot annual Fixed Rent and Additional Charges then payable by Tenant for the balance of the Premises and (ii) the number of rentable square feet in the Offering Space. On the first day of the second (2nd) Lease Year and each subsequent Lease Year with respect to the Offering Space, the Fixed Rent with respect to the Offering Space shall be increased two percent (2.00%) of the Fixed Rent payable immediately prior thereto. For purposes of the Fixed Rent payable for the Offering Space, the first “Lease Year” shall mean the period commencing on the Offering Space Commencement Date and ending on the last day of the month in which occurs the one (1) year anniversary thereof (unless the Offering Space Commencement Date shall be the first day of the month, in which event the first Lease Year shall end on the day preceding the one year anniversary of the Offering Space Commencement Date), and each subsequent “Lease Year” shall mean each full or partial twelve (12) month period remaining in the Term;
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Base Rental Amount means:
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Related to Base Rental Amount

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Initial Amount means, with respect to the Proposition 1A Receivable, the amount of property tax revenue reallocated away from the Seller pursuant to the provisions of Section 100.06 of the Revenue and Taxation Code, as certified by the County Auditor pursuant to the Act.

  • 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

  • Supplemental Amount The amount deposited in the Supplemental Loan Account on the Closing Date, which shall equal $0.00.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Total Amount Due means the hammer price in respect of the lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions;

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Net Rentable Area means with respect to any Project, the floor area of any buildings, structures or improvements available for leasing to tenants (excluding storage lockers and parking spaces), as reasonably determined by the Administrative Agent, the manner of such determination to be consistent for all Projects unless otherwise approved by the Administrative Agent.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Aggregate Nominal Amount means the aggregate nominal amount of the Securities set out in the relevant Final Terms.

  • Rental Rate means the average annualized composite rate for United States treasury bonds issued for periods of ten years and longer plus two percent. The rental rate shall not exceed ten and three-quarters percent nor fall below eight and one-quarter percent.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Aggregate Notional Amount means, with respect to any date of determination, an amount equal to the sum of the notional amounts or equivalent amounts of all outstanding Hedging Agreements, Replacement Hedging Agreements and Qualified Substitute Arrangements, each as of such date of determination.

  • Total Amount means the total amount of the Grant as set out in the Grant Schedule.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.