Initial Rent definition

Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);
Initial Rent means the Rent payable under this Licence in respect of each Premises as is specified in Column 2 of Item 5 of Schedule 1; Law includes the provisions of any statute, rule, regulation, proclamation, ordinance or by-law, present or future, whether state, federal or otherwise; Licence means this licence including all Schedules and Annexures hereto; Licensee means the licensee referred to in Column 2 of Item 2, of Schedule 1; Licensor means the licensor referred to in Column 2 of Item 1 of Schedule 1 and includes its assigns and for the purpose of clauses 35, 36, 37, 38, 39, 40, 41, and 42 includes Her Majesty the Queen, the State of New South Wales and the Minister and their heirs, successors, agents, servants, employees and contractors;
Initial Rent means the monthly rents noted in the Rent Schedule attached hereto as Exhibit B, and made a part hereof. These rents must not exceed 30% of 80% of Area Median Income for a person or a family, as applicable.

Examples of Initial Rent in a sentence

  • To pay the Initial Rent or the revised rent reserved by this Lease in the manner specified in Clause 4.1 without any deduction, set-off or counterclaim whatsoever, whether demanded or not.


More Definitions of Initial Rent

Initial Rent means the monthly rents noted in the Rent Schedule attached hereto as Exhibit B, and made a part hereof. These rents must not exceed 30% of 100% of Area Median Income for a person or a family, as applicable, except that the Owner shall not charge rent for a unit that was assisted by a Rent Supplement Contract prior to prepayment that is higher than the Section 8 Voucher rent.
Initial Rent means the Rent payable under this Lease in respect of the Premises as is specified in Column 2 of Item 5 of Schedule 1 expressed as an annual amount;
Initial Rent means, in respect of an Aircraft, an amount equal to the difference between the purchase price for such Aircraft and the sum of the pre-delivery payments made on account of such Aircraft and the aggregate Commitments of the Financiers therefor.
Initial Rent. Base Rent”, and “Commercial Rent” as defined below are collectively referenced as “Rent”.
Initial Rent means, in respect of an Aircraft, an amount equal to the difference between the purchase price for such Aircraft and the sum of the pre-delivery payments made on account of such Aircraft and the aggregate Commitments of the Purchasers therefor.
Initial Rent the yearly sum of Seventy-five thousand pounds (£75,000.00) as before reserved