Current Monthly Rent definition

Current Monthly Rent means the aggregate of all Monthly Base Rent and Additional Rent Progress Payments being paid by Tenant as of the effective date of an assignment or sublet, divided by the number of square feet of Rentable Area of the Premises.
Sample 1Sample 2Sample 3
Current Monthly Rent. S$8,531.60 (S$11.40 per sq. ft) (inclusive of service charge) Deposit: S$25,594.80
Sample 1

Examples of Current Monthly Rent in a sentence

  • Current Monthly Rent % Base Factor % Change Rent Increase $2,500.00 x 50% = $1,250.00 x 1.4 = $17.50 Part 3.

  • OWNER/LESSOR: TENANT/LESSEE: Signature Signature Date DateLease Rollover Certification FormProperty Owner: Property Address: Tenant Head of Household: Current Monthly Rent Amount: Rollover Period Date Range: to This form certifies that the same tenant has resided in the unit since the initial lease agreement for the entire duration of the Rollover Period Date Range and has met all provisions outlined below.

  • FEATURESUBJECTCOMPARABLE RENTAL # 1COMPARABLE RENTAL # 2COMPARABLE RENTAL # 3 Address Proximity to Subject Current Monthly Rent$ $ $ $C O M P A R A B L E‌‌‌‌‌‌‌‌‌ R E N T A L‌‌‌‌‌ D A T‌‌ARent/Gross Bldg.

  • CURRENTPresent address: City: State: Zip: Present Phone: Length of time at Present address: Present Landlord or Mortgage Holder: Phone Number: Current Monthly Rent: $ Reason for Moving: (Circle One) Voluntary -OR- Involuntary 2.

  • The Monthly Rent for any such period (the "Current Monthly Rent") shall be determined by multiplying the Monthly Rent for the first twelve (12) months of the Term ("Initial Monthly Rent") by the ratio of the Current Index to the Beginning Index; provided, however, that in no event shall the Monthly Rent for any year increase by more than three percent (3%) over the Monthly Rent for the preceding year (the "Previous Monthly Rent").

  • What is your Current Monthly Rent$ Check Utilities paid by you now:□ Heat $ per month □ Electricity $per month □ Gas $per month □ Water $per month □ Other $per month ………………………………………………………………………………………………………………………………………….

  • For each Rental Unit, provide complete Street Number, Street Name, Unit Number (if applicable), Number of Bedrooms, Move in Date and Current Monthly Rent Amount.

  • Thus, the Current Monthly Rent shall be determined by the following calculations: Current Monthly Rent = Initial Monthly Rent x (Current Index / Beginning Index) provided that Current Monthly Rent = Previous Monthly Rent x 103%.

  • Thus, Current Monthly Rent shall be determined by the following calculations: Current Monthly Rent = Initial Monthly Rent x (Current Index O Beginning Index) provided that Current Monthly Rent (2) Previous Monthly Rent x 103%.

  • Thus, the Current Monthly Rent shall be determined by the following calculations: Current Monthly Rent = Initial Monthly Rent x (Current Index / Beginning Index) provided that Current Monthly Rent Previous Monthly Rent x 103%.

Related to Current Monthly Rent

  • 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.

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

  • 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.

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

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

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • 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.

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

  • 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).

  • 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.

  • 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.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Rent Expense means, for any Person for any period of determination, such Person’s operating lease expense computed in accordance with GAAP, including, without limitation, all contingent rentals, but excluding all common area maintenance expenses.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • 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

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

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Percentage Rent As defined in Subsection 3.1(b).

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Additional Rental has the meaning set forth in Section 4.03.