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 successful tenderer/bidder have to pay Lease Rent and tagging amount per MT of cane crushed as stipulated in the schedule of lease rent payment.

• We hereby agree to pay allotment money / installments / Lease Rent etc.

• On payment of one-time Lease Rent, no further annual Lease Rent would be required to be paid for the balance lease period, this option may be exercised at any time during the lease period, provided the Allottee has no outstanding lease rent arrears.

• 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.

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 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 monthly instalment payable during the Leasing Period as specified in Part III of Schedule 3 or Schedule A (where applicable);

Lease Rent shall have the meaning assigned to such term in Clause 8.2;

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.

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.