Existing Rent definition

Existing Rent shall have the meaning specified in Section 25.24 of this Lease.
Existing Rent means the actual rental rate; (including escalations applicable thereto) for the particular Early Delivery Space then being delivered to Assignee.
Existing Rent means the yearly rent of FOUR HUNDRED AND FOURTEEN THOUSAND FOUR HUNDRED AND EIGHTY-FOUR POUNDS (L414,484 ). "Review Date" shall mean 25th December 2001 and "Demised Premises" shall mean the Demised Premises as defined in this Underlease. Clause 4.3(a)(iv) the words "both" and "and the outside" shall be deleted

Examples of Existing Rent in a sentence

  • Existing Rent: the yearly rent of £[AMOUNT] reserved by the Lease.

  • The New Rent shall be payable from the date of this deed by the same instalments and on the same dates as the Existing Rent.

  • The Lease shall reserve the New Rent in the place of, and not in addition to, the Existing Rent.

  • Section 34.1(b) Existing Rent......................................

  • Tenant's election of the "Existing Rent -------------------- Option" means that Tenant has elected to add the entire space that was subject to Landlord's Notice of Bona Fide Offer in manner provided for the "Existing Rent Option" in Article XXI.

  • The Existing Rent shall be the average annual “Rent Payments” calculated per rentable square foot on a net effective (spreading the Tenant Improvement Allowance throughout the initial Lease Term) basis for the initial Premises.

  • There is a Tenancy Agreement / Tenancy Arrangement in place between the parties and the rent payable is $INSERT per week / fortnight / month (Existing Rent).

  • Lessor's sole and exclusive remedies shall be (i) to collect from Lessee an amount equal to: (a) one hundred twenty-five percent (125%) of the total monthly amount of Rent payable hereunder immediately prior to such termination (the "Existing Rent") for the first thirty (30) days during which Lessee holds over, and (b) one hundred fifty percent (150%) of the Existing Rent thereafter and (ii) to commence appropriate legal eviction proceedings against Lessee for purposes of evicting Lessee from the Property.

  • Provided an Event of Default has not occurred, Landlord agrees to credit Rent due by the amount Tenant pays for Existing Rent (as defined hereafter) incurred from and after the Commencement Date for the Existing Premises until the Expiration Date (as defined hereafter) or earlier termination of the Existing Lease, all as more particularly set forth herein: Representations and Warranties.

  • Tenant may only exercise Tenant's Refusal Right to Leasing by giving Landlord Notice of exercise within 10 business days after Landlord's Notice of Bona Fide Offer to Tenant, which Notice of exercise must unequivocally and unconditionally state: that Tenant is exercising the Refusal Right to Leasing: and whether Tenant is electing the "Bona Fide Offer Option" or the "Existing Rent Option" (defined below).


More Definitions of Existing Rent

Existing Rent means the Yearly Rent payable in respect of the Demised Premises immediately prior to the Review Date namely £33,000 p.a. plus VAT
Existing Rent means the yearly rent of FOUR HUNDRED AND NINETEEN THOUSAND ONE HUNDRED AND THIRTY-TWO POUNDS (L419,132) "Review Date" shall mean 25th December 2001 and "Demised Premises" shall mean the Demised Premises as defined in this Underlease Clause 4.3(a)(iv) the words "both" and "and the outside" shall be deleted Clause 4.8(d)(i)&(ii) the words "without the consent of the Landlord such consent not to be unreasonably withheld or delayed" shall be deleted Clause 5.4 the words "underleases (however inferior) surrenders" shall be deleted
Existing Rent the yearly rent of £44,993.35 reserved by the Lease.
Existing Rent shall be the average annual “Rent Payments” (as defined below) calculated per rentable square foot on a net effective basis for the Premises. The “Rent Payments” shall be the sum of (i) the Base Rent as of the last day of the initial Lease Term, and (ii) the amount of Tenant’s Share of Direct Expenses payable by Tenant on an annual, per rentable square foot basis for the Premises immediately prior to the commencement of the Option Term, which Rent Payments shall be deemed to be increased by three and one-half percent (3.5%) on the first day of each Lease Year of the Option Term commencing on the first (1st) day of thirteenth (13th) month of the Option Term.
Existing Rent means the rent a tenant is paying at a building subject to a Rental Replacement Permit Process on the date that an application is made to the City pursuant to this By-law.
Existing Rent as used therein would be deemed to refer to the total amount of Fixed

Related to Existing Rent

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

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

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

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

  • 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;