Examples of Ground Lease Rent in a sentence
In addition to Ground Lease Rent, Lessee agrees to pay to Lessor the cost of utilities and services furnished by Lessor to Lessee from time to time for the Leased Premises.
Lessee agrees to pay to Lessor rent (“Ground Lease Rent”) in the initial amount of one dollar ($1.00) per year, subject to adjustment from time to time as provided below, payable in advance on the first day of each and every year during the term of this Lease; provided, however, that the Ground Lease Rent for the first year of this Lease shall be due and payable upon the execution of the Lease.
Other than the Ground Lease Rent, Developer’s payment of insurance, taxes, utilities and any other charges, costs or fees charged and prorated to Developer under the terms of this Sublease (collectively “Developer’s Obligations”) will accrue and be payable by Developer from and after the Sublease Date throughout the Term.
Other than District’s payment of rent to County pursuant to the terms of the Ground Lease and District’s payment of any taxes to County for taxes on the Ground Lease Rent payable by County (the “Ground Lease Rent”), this Sublease is a completely net lease.
District will pay any taxes that County, now or hereafter, is required to pay on the Ground Lease Rent.