Land Rent definition

Land Rent means all land rent and land service charges payable (if any) to JTC or other competent authority under the JTC Lease Documents.
Land Rent has the meaning set forth in Section 4.4.
Land Rent means rent on surface and subsurface land (excluding Wharf Area).

Examples of Land Rent in a sentence

  • A Security Payment of $2,000 is required on execution of a First Grant Contract for a Land Rent Lease.

  • The LDA strongly recommends that you make your own enquiries and that you obtain legal, financial and accounting advice prior to entering into a First Grant Contract for a Land Rent Lease.

  • The Lessor shall pay the Land Rent (if applicable) in a timely manner.

  • In July a series of FARC threats led to the displacement of approximately 400 Afro-Colombians in Condoto, Choco.

  • All persons who wish to enter into a First Grant Contract for a Land Rent Lease must complete this part of this Application for Land Rent Lease.

  • If the Parties cannot agree on the amount of the Adjusted Land Rent by sixty (60) days prior to the Reset Date, the following process to determine the Adjusted Land Rent shall apply (the “Appraisal Process”); provided, however, that the Parties may continue to negotiate during the Appraisal Process period and, if an agreement is reached, the Appraisal Process shall be terminated and the negotiated amount shall be presented as a recommendation to the Board.

  • The Land Rent Scheme gives a lessee the option of renting land through a land rent lease rather than purchasing the land to build a home.

  • This includes Domestic Partners of each Applicant whether or not they will have an interest in the block.If there are more than two (2) Applicants, another Application for Land Rent Lease must be completed and attached to this Application for Land Rent Lease.All contact information should be provided.

  • Land Rent is defined as that rent due and payable to the LESSOR by the LESSEE for the Land, as measured from the outer-most limits of the leased property Premises as set forth and shown on the attached Exhibit “A”.

  • The Land Rent shall be increased on every other anniversary of the Land Rent Commencement Date by the Bi-Annual Rent Adjustment Percentage.


More Definitions of Land Rent

Land Rent. ' means the land rent and service charge payable under this Act;
Land Rent shall be an amount equal to the product of (i) the Land Costs (as hereinafter defined), multiplied by (ii) Nine and One-Half Percent (9.5%). The "IMPROVEMENTS RENT" shall be an amount equal to the product of (x) the Improvements Costs (as hereinafter defined), multiplied by (y) Nine and One-Half Percent (9.5%). The Land Rent and the Improvements Rent (collectively, the "ANNUAL BASE RENT") shall be subject to annual adjustment as provided in Section 3.2 hereof and possible further adjustment at the times and in the manner described in Sections 3.4, 3.5 and 3.
Land Rent. , means a levy owing to the State by way of a quid pro quo for allowing the opportunity to conduct general survey, exploration or exploitation in the area of a Mining Authorization.
Land Rent means the fee paid by the Developer to the Regional Committee under the business agreement to develop an Industrial Zone business.
Land Rent. The base rental for each Lease Year (a "Lease Year" being defined as each consecutive 12-month period beginning on the first day of the calendar month next following the month in which the Rent Commencement Date occurs) during the Term (hereinafter referred to as the "Base Land Rent"), shall be as follows: Lease Years Annual Base Land Rent ----- --------------------- 1-5 $100,000.00 Prior Base Land Rent plus the CPI Increase over the prior 5 Lease Years not to exceed 10%.

Related to Land Rent

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Rent means Basic Rent and Supplemental Rent, collectively.

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

  • 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.

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

  • Rentals of a Person means the aggregate fixed amounts payable by such Person under any Operating Lease.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • 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.

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

  • Rents means all rents (whether from residential or non-residential space), revenues and other income of the Land or the Improvements, parking fees, laundry and vending machine income and fees and charges for food, health care and other services provided at the Mortgaged Property, whether now due, past due or to become due, and deposits forfeited by tenants, and, if Borrower is a cooperative housing corporation or association, maintenance fees, charges or assessments payable by shareholders or residents under proprietary leases or occupancy agreements, whether now due, past due or to become due.

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

  • 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;

  • For Rent sign, or both "For Sale" and "For Rent" signs, and all said signs shall be placed upon such part of the Leased Premises as Landlord shall require, except on doors leading into the Leased Premises. Prospective purchasers or tenants authorized by Landlord may inspect the Leased Premises at reasonable hours at any time.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

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

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;10

  • To rent means to lease, to sublease, to let, or otherwise to grant for consideration the right to

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

  • 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.

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical expenses.

  • Lease or rental means the leasing or renting of tangible personal property and the possession or use

  • 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).

  • Real Property Tax As used herein, the term "real property tax" shall include any form of real estate tax or assessment, general, special, ordinary or extraordinary, and any license fee, commercial rental tax, improvement bond or bonds, levy or tax (other than inheritance, personal income or estate taxes) imposed on the Premises by any authority having the direct or indirect power to tax, including any city, state or federal government, or any school, agricultural, sanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Lessor in the Premises or in the real property of which the Premises are a part, as against Lessor's right to rent or other income therefrom, and as against Lessor's business of leasing the Premises. The term "real property tax" shall also include any tax, fee, levy, assessment or charge (i) in substitution of, partially or totally, any tax, fee, levy, assessment or charge hereinabove included within the definition of "real property tax," or (ii) the nature of which was hereinbefore included within the definition of "real property tax," or (iii) which is imposed for a service or right not charged prior to June 1, 1978, or, if previously charged, has been increased since June 1, 1978, or (iv) which is imposed as a result of a transfer, either partial or total, of Lessor's interest in the Premises or which is added to a tax or charge hereinbefore included within the definition of real property tax by reason of such transfer, or (v) which is imposed by reason of this transaction, any modifications or changes hereto, or any transfers hereof.

  • 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.

  • Affordable Rent means a rent which does not exceed eighty per centum (80%) of the market rent (inclusive of service charges) for an equivalent property of the relevant size and location such rent to be assessed and set in accordance with the applicable requirements of Legislation and of the Rent Standard;