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

• The applicable taxes shall be paid by the lessee in addition with the Lease Rent.

• If the Lessee derives any additional benefit from the Leased Land on account of amendments in the development plan, development rules such as additional floor area ratio or change in use or any concession whatsoever which may be financially beneficial to the Lessee, the Authority shall have power to charge additional premium and/or fees, at the rate decided by it and proportionate increase in the annual Lease Rent.

• The Land Premium, annual Lease Rent paid by the Lessee shall be forfeited to the fullest extent.

• The Original Lease Rent due to the Landlord shall be paid by Xxxxxx.

• By any which case it means that the Lessee will continue to pay the Lease Rent for the first months continuously and without any interruption.

More Definitions of Lease Rent

Lease Rent means the annual lease rent payable to the Lessor by virtue of Clause11 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 means the annual rent charged to Lessee during lease term as fixed by the Board of Directors of the Concerned Corporation;

Lease Rent means the annual lease rent on the project land which will be charged e charged @ Rs.1.00 per year from each purchaser as per minutes of the empowered committee meeting dated 07.05.2016 and also as per guidelines of redensification policy.

Lease Rent means the Lease Rent payable by the Lessee to the Lessor pursuant to the Lease Agreement. This Lease Rent shall be payable on Monthly basis every Month as per the terms and conditions stipulated in the Agreement.