Base Rental Rate definition

Base Rental Rate means for any Calculation Period the quotient of (a) the Base Rent payable with respect to such Calculation Period divided by (b) the Landlord's Total Investment for such Calculation Period.
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Base Rental Rate. The base rental rate during the extended term shall be $6,750.00 per month.
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Base Rental Rate. June 2002 - May 2005 at $25,704 per month. June 2005 - May 2007 at $27,846 per month. June 2007 - May 2009 at $29,988 per month.
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Examples of Base Rental Rate in a sentence

  • Monthly Base Rental Rate – The portion of the monthly rental payment, which is attributable to debt service and return on equity (excluding operating costs).

  • If Landlord exercises such option, then the substituted space shall for all purposes hereof be deemed to be and to constitute the Demised Premises under this Lease and all terms, conditions, covenants, warranties, agreements and provisions of this Lease including but not limited to the same Base Rental Rate per square foot of Rentable Floor Area shall continue in full force and effect and shall apply to the substituted space.

  • Base Rental Rate for performance days include these services at no additional charge.

  • Subject to adjustments in accordance with Article 7 below, from and after the Rental Commencement Date Tenant shall pay to Landlord a base annual rental (herein called "Base Rental") equal to the Base Rental Rate set forth in Article 1(j) above multiplied by the Rentable Floor Area of Demised Premises set forth in Article 1(g) above.

  • The intent is to include Lessee’s proportionate share of all Base Year Costs in Lessee’s Annual Base Rental Rate.


More Definitions of Base Rental Rate

Base Rental Rate. Original Term Rate: Front Space = 24,842 s.f. LEASE YEAR YEARLY MONTHLY ---------- ------ ------- Year One $6.00 p.s.f. $149,052.00 $12,421.00 Year Two $6.50 p.s.f. $161,473.00 $13,456.08 Year Three $7.00 p.s.f. $173,894.00 $14,491.17 Year Four $7.50 p.s.f. $186,315.00 $15,526.25 Year Five $7.50 p.s.f. $186,315.00 $15,526.25 Year Six $7.75 p.s.f. $192,525.50 $16,043.79 Year Seven $8.00 p.s.f. $198,736.00 $16,561.33 Year Eight $8.00 p.s.f. $198,736.00 $16,561.33
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Base Rental Rate. Period Monthly Rent
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Base Rental Rate. Shall be amended by adding the following new ---------------- subparagraph at the end thereof. "The Base Rental Rate for the Second Expansion Area shall be $16.00 per square foot of Rentable Floor Area per year.
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Base Rental Rate. Shall be amended by adding the following new subpara- ---------------- graph at the end thereof. "The Base Rental Rate for the First Expansion Area shall be $14.70 per square feet of Rentable Floor Area per year, subject to Adjustments as set forth in Article 7 below".
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Base Rental Rate. Ten and No/100 Dollars ($10.00) per square foot of Rentable Floor Area of the Demised Premises; provided, however, that in the event the Other Lease (as hereinafter defined) is terminated, then the Base Rental Rate for the period from the Rental Commencement Date through the last day of the sixth (6/th/) calendar month from and after the calendar month within which occurred the Rental Commencement Date shall be Ten and No/100 Dollars ($10.00) per square foot of Rentable Floor Area of the Demised Premises, and the Base Rental Rate thereafter shall be Twelve and 50/100 Dollars ($12.50) per square foot of Rentable Floor Area of the Demised Premises.
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Base Rental Rate. The Base Rental rate shall be $28.50 per square foot. The base rent shall be increased by four percent (4%) on each anniversary of the Sublease Commencement Date. There shall be no operating expense or real estate tax pass through during the Sublease Term.
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Base Rental Rate. The amounts per annum per square foot of Rentable Floor Area of Demised Premises set forth in Article 7 below.
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