Maximum Renewal Term Basic Rent definition

Maximum Renewal Term Basic Rent shall have the meaning assigned to such term in Section 1.4(c).
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Maximum Renewal Term Basic Rent shall have the meaning assigned to such term in Section 1.4(c). ________________________________________________________________________________________________________________________
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Examples of Maximum Renewal Term Basic Rent in a sentence

  • TABLE ONE - BASE ASSUMPTIONS: A B C D Property Non-FMRV Renewal Space FMRV Space Total Renewal Premises NRA (A + B) Annual Basic Rent Factor Property A 85,000 RSF 15,000 RSF 100,000 RSF $ 9.00/RSF Property B 25,000 RSF None 25,000 RSF $ 9.00/RSF Property C 40,000 RSF 10,000 RSF 50,000 RSF $ 9.00/RSF Property D 75,000 RSF None 75,000 RSF $ 9.00/RSF Illustration One Aggregate FMRV for Non-FMRV Renewal Space is greater than the Maximum Renewal Term Basic Rent for the Non-FMRV Renewal Space.

  • TABLE ONE - BASE ASSUMPTIONS: A B C D Project Non-FMRV Renewal Space FMRV Space Total Renewal Premises NRA (A + B) Annual Basic Rent Factor Project A 85,000 RSF 15,000 RSF 100,000 RSF $ 9.00/RSF Project B 25,000 RSF None 25,000 RSF $ 9.00/RSF Project C 40,000 RSF 10,000 RSF 50,000 RSF $ 9.00/RSF Project D 75,000 RSF None 75,000 RSF $ 9.00/RSF Illustration One Aggregate FMRV for Non-FMRV Renewal Space is greater than the Maximum Renewal Term Basic Rent for the Non-FMRV Renewal Space.

Related to Maximum Renewal Term Basic Rent

  • Minimum Rent means Forty-Four Million Four Hundred Eleven Thousand Six Hundred Eighteen and 00/100ths Dollars ($44,411,618.00), subject to adjustment as provided in Section 3.1.1(b).

  • 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.

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

  • Base Rent As defined in Section 3.1.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

  • Renewal Term has the meaning set forth in Section 2.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

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

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Extension Term means the time period defined in §2.C.

  • 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.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Extended Term shall have the meaning set forth in Section 2.

  • Base Year means the period set forth in Section 5 of the Summary.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

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

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • 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;

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

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