Fixed Rental definition

Fixed Rental means the fixed element of each Rental Payment as detailed in the Schedule 2 or as notified to the Customer by the Bank in a Rental Payment Notice.

Fixed Rental means the initial annual rental established in Section 5.01, as adjusted in accordance with Section 5.04.

Fixed Rental. The annual fixed rent calculated in accordance with the Annual Fixed Rental Rate.

Examples of Fixed Rental in a sentence

• The terms of the Renewal Tenancy Agreements (including the Fixed Rental Payment) were determined after an arm’s length negotiation between Wise Fine and each of Best Source and Ms. Janny Tin, with reference to the prevailing market rates of similar properties in the vicinity of Properties 1 and Property 2 and the independent valuation report prepared by the independent valuer of the Group.

• Provided further however, if the Expiration Date or termination is a day other than the last day of a calendar month, the Fixed Rental payable for the month during which the Expiration Date occurs shall be the Fixed Rental prorated on a daily basis.

• Should Tenant elect not to exercise this option then there shall be a total abatement of Fixed Rental and Operating Expenses, if any, during the period between the Commencement Date and the time Landlord delivers possession of the Premises to Tenant.

• Unless specified otherwise herein, notice of any rental adjustments, other than Fixed Rental Adjustments, shall be made as specified in paragraph 23 of the Lease.

• Provided however, if the Commencement Date is a day other than the first day of a calendar month, the monthly installment of Fixed Rental payable for the period from the Commencement Date through the end of the calendar month during which the Commencement Date occurs shall be the Fixed Rental prorated on adaily basis, which amount shall be paid together with the Fixed Rental for the first full calendar month of the Term on the first day of the first calendar month following the Commencement Date.

More Definitions of Fixed Rental

Fixed Rental means $500,000 per year for each calendar year of the first fifteen (15) years of the Initial Term and $600,000 per year for each calendar year for the remaining ten (10) years of the Initial Term.

Fixed Rental means the rental payable by the Tenant to the Landlord for the first to third years which is calculated at a fixed rate in accordance with the Tenancy Agreement.

Fixed Rental. $433.87 per railcar per month. With respect to the cars covered by this Rider, it is hereby agreed that, despite any terms or conditions of the Lease and/or this Rider, all freight charges shall be for Lessee's account. All of the other terms and conditioxx xx the Lease shall remain in full force and effect. The term of the Lease, with respect to the cars covered by this Rider, shall commence on the 1st day of January 1989, and shall continue to and include the 31st day of December, 2003. ATTEST: PULLMAN LEASING COMPANY By /s/B. E. Tazar By /s/Edward J. Whalen Assistant Secretary President XXXXXX: KANSAS CITY POWER & LIGHT COMPANY By/s/Jeanie Sell Latz By /s/R. G. Wasson Assistant Secrxxxxx Xxxx President Administrative Services

Fixed Rental and "Basic Rent" shall mean the payments set forth in the Underlying Lease at Paragraph 1(e) and Article 4; the terms "Expense Rent" and "Additional Rent" shall mean the payments set forth in the Underlying Lease at Paragraph 1(I), Article 5 and Article 6. As used herein, the term "Rent" shall mean all moneys owing to Landlord under the terms of the Underlying Lease. The foregoing notwithstanding, the amount of annual Basic Rent under this Sublease shall be seven dollars and fifty cents ($7.50) for each square foot of Rentable Area payable in twelve (12) equal monthly installments. The Rentable Area of the Premises is nineteen thousand two hundred forty five square feet (19,245 sq. ft.)

Fixed Rental and “Fixed Rentals” have the same meaning given to such terms in Section 9.

Fixed Rental or "fixed annual rent" or "basic rent" is as follows:

Fixed Rental means the fixed rental payment per year for each calendar year of the Initial Term and any Renewal Period as provided herein.