Fixed Rent Period definition

Fixed Rent Period means the period commencing on and including the Fixed Rent Commencement Date and ending on and including the last day of the Calendar Month in which the Fixed Rent Commencement Date occurs and each of the consecutive Calendar Month periods thereafter throughout the Lease Term, provided that the final Fixed Rent Period of the Lease Term may consist of less than a full Calendar Month if this Lease expires, terminates or is cancelled effective as of or on a date other than the last day of a full Calendar Month.
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Fixed Rent Period is defined in Part 2 of Schedule 3.
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Fixed Rent Period means each of the 1st Fixed Rent Period, 2nd Fixed Rent Period, 3rd Fixed Rent Period and 4th Fixed Rent Period.
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Examples of Fixed Rent Period in a sentence

  • Except for the free fixed rent allowance as herein provided, Tenant shall use and occupy the demised premises during the Free Fixed Rent Period pursuant to all of the other terms, covenants and conditions of this lease.

  • Annual Fixed Rent for such Limited Fixed Rent Period for the Second Additional Premises shall be payable at the annual rate of $50,884.13 (being the product of (i) $10.875 and (ii) the Rentable Floor Area of the Second Additional Premises (being 4,679 square feet).

  • Further, for the period from the last day of the Free Fixed Rent Period through December 31, 2004, if any (herein the "Limited Fixed Rent Period").

  • Basic Rent during each Fixed Rent Period shall be paid in advance on the relevant Basic Rent Payment Date.

  • It is the intention of the parties that during the Flat Fixed Rent Period Tenant shall receive the financial benefit of a full 24-months of Fixed Rent at the rate in effect for the 3rd Lease Year even though there will only be eighteen (18) months of term remaining until the Early Termination Date.

  • Article 51 of this lease shall only apply to the Refusal Space in that the "Free Fixed Rent Period" shall be deemed to be the period equal to the product of (a) the Amortization Factor (hereinafter defined) multiplied by (b) eleven (11) months, commencing on the Refusal Space Commencement Date and Tenant's occupancy during such period shall be free only of the RS Fixed Rent in accordance with said Article 51.

  • Article 51 of the Lease shall only apply to the Refusal Space in that the "Free Fixed Rent Period" shall be deemed to be the period equal to the product of (a) the Amortization Factor (hereinafter defined) multiplied by (b) eighth (8) months (the "Free RS Fixed Rent Period"), commencing on the Refusal Space Commencement Date and Tenant's occupancy during such period shall be free only of the RS Fixed Rent in accordance with said Article 51.

  • Engagement of selected candidates shall be subject to medical fitness test(s) as prescribed by REC Foundation.

  • Commencement Date: May 1, 2019Annual Fixed Rent: Period Base Taxes: The Taxes (as defined in Subsection 4.2.1) for the fiscal year ending June 30, 2019, as the same may be reduced by the amount of any abatement.

  • Except for the Free Fixed Rent Period allowance as herein provided, Tenant shall use and occupy the Premises pursuant to all of the other terms, covenants and conditions of this Lease.


More Definitions of Fixed Rent Period

Fixed Rent Period means each of the consecutive monthly periods throughout the period commencing on and including the Fixed Rent Commencement Date and ending on the Expiry Date Flight Hour means each hour or part thereof (rounded up to two decimal places) elapsing from the moment at which the wheels of the Aircraft, or in the case of any Part or Engine temporarily installed on another aircraft, leave the ground on take-off until the wheels touch the ground on landing following such flight Government Entity means:
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Fixed Rent Period. The period from the Fixed Rent Commencement Date for the Initial Space through the day before the Fixed Rent Commencement Date for the Additional Space.
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Fixed Rent Period has the meaning given to it in Clause 5.1 (Fixed Rent Periods);
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Fixed Rent Period means the period of a lease during which the lease rent for a residential apartment is stated in the lease, even if the rent is not held constant for the entire period.
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Related to Fixed Rent Period

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • 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.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Extension Term means the time period defined in §2.C.

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

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

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

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on June 30, 2019.”

  • assessment period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • 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

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto. (a) Base Rent Paid Upon Execution: $ N/A as Base Rent for the period N/A.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Renewal Period the period described in clause 13.1.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

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

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • 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.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.