Initial Rent Payment definition

Initial Rent Payment means _______________, ____]
Sample 1Sample 2Sample 3
Initial Rent Payment means the payment required to consummate this Agreement. “Renewal Payment(s)” mean periodic or regular lease payments after the Initial Rent Payment for use of the leased Property. “Other Charges” mean any and all applicable charges, costs, and fees allowed for under this Agreement, which may accrue from time to time, after the commencement of the Agreement, and are not included in Renewal Payments. “Days” means calendar days unless otherwise specified. "Optional Liability Damage Waiver Payment(s)" mean periodic or regular payments incurred for Optional Liability Damage Waiver (LDW) services. “Property” means the item(s) that are the subject matter of this Agreement; specifically, the NEW 1-mackie srt212.
Sample 1
Initial Rent Payment shall have the meaning given to it in subsection 4.1.1 hereof. “Insurance Requirements” has the meaning given it in subsection 5.2.l hereof.
Sample 1

Examples of Initial Rent Payment in a sentence

  • If the contracted event is cancelled less than 90 days prior to the event, the entire Initial Rent Payment shall be retained by Goodwood.

  • If written notice of cancellation is received by the Director of Rentals and Special Events at least 270 days prior to the contracted event, 100% of the Initial Rent Payment shall be returned to the Renting Party.

  • The frequency of audits are determined by the results of previous audits and the significance of individual system activities.

  • Associates shall hold the Initial Rent Payment in a segregated account in a bank located in Dade County, Florida, the name of which account shall be "Noble House Grove Isle - Special Account".

  • If the Initial Rent Payment made was less than rent due based on Final Gross Revenue, then the difference shall be a payment due from Lessee to Lessor.

  • On November 30 of the calendar year following each Crop Year, an adjustment payment will be made representing the difference between Initial Rent Payment and the final rent due.

  • Tenant shall pay to Landlord throughout the Term the base rent (“Base Rent”) as specified in Section 1.4, payable in monthly installments in advance commencing on the Commencement Date and continuing on or before the first day of each calendar month thereafter (except as otherwise provided herein); provided that the amount specified in Section 1.4 as the Initial Rent Payment shall be paid by Tenant upon Tenant’s execution of this Lease.

  • Upon satisfaction or waiver by the benefitted party (identified below) of the contingencies described below (the “Contingencies”), on a date mutually agreed by County and Developer, in no event more than 30 days after the date of satisfaction of the Contingencies, unless mutually agreed by County and Developer: the Developer shall pay the Initial Rent Payment to County, County and Developer shall execute the Ground Lease, and Developer shall take possession of the leasehold under the Ground Lease.

  • If the Initial Rent Payment was in excess of rent due based on Final Gross Revenue, then the difference shall be a payment due from Lessor to Lessee.

  • Associates shall disburse the Initial Rent Payment to Westgroup upon Associates' receipt of Westgroup's written requests for such disbursement from time to time until the first anniversary of the Closing Date.


More Definitions of Initial Rent Payment

Initial Rent Payment means Click or tap here to enter text..
Sample 1
Initial Rent Payment shall have the meaning set forth in Section 5(a) of this Lease. “Insurance Requirements” shall mean the insurance requirements set forth in Section 8 hereof and Exhibit B of this Lease.
Sample 1
Initial Rent Payment means the payment of the initial rent in the Currency of Payment, calculated in accordance with Clause 6.2., Special Terms.
Sample 1
Initial Rent Payment means the payment of the initial rent in the Currency of Payment calculated in accordance with Clause 6.2., Special Terms.
Sample 1

Related to Initial Rent Payment

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

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

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

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

  • 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;

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

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

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

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);

  • 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

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Current Rent means, in respect of each of the tenancies subject to which the lot is sold, the instalment of rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four months preceding completion.

  • Percentage Rent As defined in Subsection 3.1(b).

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