Lease Rent definition

Lease Rent means the amount payable by the Lessee to JMRC as per rates offered by the selected bidder for utilization of leased space for retail business pursuant to this RFP and accepted by JMRC to be paid by the Lessee/ Lessee along with other charges and any kind of GST, local levies, statutory dues, etc. that may be payable by the Lessee as per prevalent law.
Lease Rent means the periodic payment on monthly basis payable in advance, during the Term of the Lease, by the Lessee to the Lessor in terms of Clause 5 hereof;
Lease Rent means the lease rent payable in relation to the islands.

Examples of Lease Rent in a sentence

  • Master Lease Rent Payment Simplification, dated June 28, 2019 and effective as of May 24, 2019.

  • The new bank guarantee towards revised Security Deposit shall be submitted 3 (three) months prior to the date from which the increased Annual Lease Rent is effective to cover the Security Deposit to the entire extent required under the Agreement, and after verification of same by the Authority, the earlier bank guarantee submitted towards Security Deposit will be returned/released.

  • If Landlord elects to terminate this Lease, Rent shall be paid through and apportioned as of the date of such fire or other casualty.

  • All Supplemental Lease Rent to be paid pursuant to this Section 3.3 shall be payable in the manner set forth in Section 3.5.

  • If an Individual Property shall Go Dark, the Master Lessee shall nonetheless be required to make into the Holding Account without reduction the full Master Lease Rent payment as and when required under the Master Lease and the Rent Payment Direction Letter with respect to all Individual Properties.


More Definitions of Lease Rent

Lease Rent means an amount of INR xx xx xx lakhs per year payable by the Lessee on yearly basis to the Authority in accordance with the terms of this Agreement and Lease Deed.
Lease Rent shall be the rent be paid by LESSEE in consideration of the leasing the Premise and granting the rights provided in the Lease Agreement.
Lease Rent means the annual lease rent payable to the Lessor by virtue of Clause 11 of this Agreement.
Lease Rent means the monthly instalment payable during the Leasing Period as specified in Part III of Schedule 3 or Schedule A (where applicable);
Lease Rent means the amount to be paid by lessee to the Department of Tourism at the end each financial year.
Lease Rent the annual rent first reserved by the Lease excluding any VAT paid in respect of it.
Lease Rent shall have the meaning assigned to such term in Clause 8.2;