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.
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Land Rent. ' means the land rent and service charge payable under this Act;
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Land Rent has the meaning set forth in Section 4.4.
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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 Land Rent shall be increased on every other anniversary of the Land Rent Commencement Date by the Bi-Annual Rent Adjustment Percentage.

  • 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.

  • The Adjusted Land Rent shall be mutually agreed upon between the Parties at some time not more than nine (9) months and not less than three (3) months before each Reset Date.

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

  • 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.

  • The Debtor does not have sufficient available sources of working capital and financing to operate its business or to maintain its properties in the ordinary course of business without the DIP Facility and authorized use of Cash Collateral.

  • 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”.

  • 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.


More Definitions of Land Rent

Land Rent means rent on surface and subsurface land (excluding Wharf Area).
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Land Rent means the fee paid by the Developer to the Regional Committee under the business agreement to develop an Industrial Zone business.
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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.
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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%.
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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.
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Related to Land Rent

  • Rent means Basic Rent and Supplemental Rent, collectively.

  • 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;

  • Rents means all of the rents, royalties, issues, profits, revenues, earnings, income and other benefits of the Property, or arising from the use or enjoyment of the Property, including all such amounts paid under or arising from any of the Leases and all fees, charges, accounts or other payments for the use or occupancy of rooms or other public facilities within the Real Property.

  • 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

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

  • 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;