Minimum Guaranteed Rental definition

Minimum Guaranteed Rental. $6.00 per square foot annually, payable in arrears in twelve (12) monthly installments per year.

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Minimum Guaranteed Rental. $5,724.37 payable in advance, on the first day of each month.

Minimum Guaranteed Rental. Outlined in Exhibit D on an individual store basis.

Examples of Minimum Guaranteed Rental in a sentence

• If the product thus ascertained is greater than the Minimum Guaranteed Rental, said product shall be the new Minimum Guaranteed Rental payable to Landlord by Tenant during each month of the ensuing Lease Year; and if the product thus ascertained is equal to or less than the Minimum Guaranteed Rental, the total monthly rental payable to Landlord by Tenant during each month of the ensuing Lease Year shall be the Minimum Guaranteed Rental payable under Article 1.1 (g).

• Any payments pursuant hereto shall be in addition to the Minimum Guaranteed Rental specified in Article 2.

• Commencing on the first day of the month following the date of such written notice, Minimum Guaranteed Rental shall increase to Twenty-Five and no/100 Dollars ($25.00) per square foot, which Minimum Guaranteed Rental shall remain in place through the expiration of the Initial Term.

• If, after 180 days, this Lease is not terminated under Section 15.2, then for the duration of any period of use of the Premises by the requisitioning authority, all the terms and provisions of this Lease shall remain in full force and effect, except that the Minimum Guaranteed Rental shall be reduced in the same proportion that the leasable area of the Premises requisitioned bears to the total leasable area of the Premises.

• During each month of the Term, together with the payment of Minimum Guaranteed Rental, Tenant shall make a monthly payment to Landlord equal to one twelfth (1/12) of its Proportionate Share of the Insurance on the Shopping Center which will be due and payable for that particular year.

• Each Tax Payment shall be due and payable at the same time and in the same manner as the time and manner of the payment of Minimum Guaranteed Rental.

• The total Minimum Guaranteed Rental for each Lease Year after the First Lease Year during the Lease Term shall be recomputed in accordance with the above stated formula as soon as practicable after the end of each Lease Year of this lease.

• Tenant shall pay to Landlord Monthly Minimum Guaranteed Rental payments stated to be due during the Lease Term under Section 1.1(o) of this Lease, in advance, on or before the first day of each calendar month during the Lease Term.

• The receipt and acceptance by Landlord of a delinquent payment of Minimum Guaranteed Rental or any amount payable by Tenant to Landlord shall not constitute a waiver of any other default; it shall only constitute only a waiver of the timely payment for the particular amount involved.

• In determining the rent which would be payable by Tenant hereunder, subsequent to default, the annual rent for each year of the unexpired term shall be equal to the Average Minimum Guaranteed Rental to include annual escalator increases of three percent (3%).

More Definitions of Minimum Guaranteed Rental

Minimum Guaranteed Rental. Payable in advance at the rate of $5,833.33per month ($28.00 per SF) beginning on the date Tenant opens for business but no later than One Hundred Twenty (120) days after Commencement Date. whichever is earlier, due on the first day of each and every month for Sixty (60) months and $6,416.67 ($30.80 per SF) beginning on the Sixty First (61) month for the next Sixty (60) months.

Minimum Guaranteed Rental as set forth in Article I, Section 1.1(k); $5,833.33 “Minimum CAM, Insurance, and Tax Charge” as set forth in Article I, Section 1.1(l); $1,093.75 Monthly Payment Total: $6,927.08

Minimum Guaranteed Rental. Minimum Guaranteed Rental shall be $2,400 per month from the Commencement Date through February 29, 2004, and $2,500 per month during the remainder of the Lease Term.

Minimum Guaranteed Rental. Rate Paid in Advance at the Beginning of Each Year: Year 1: $281,926.00 Annual Rent Year 2: $286,886.00 Annual Rent Year 3: $291,846.00 Annual Rent Year 4: $296,806.00 Annual Rent Year 5 $301,766.00 Annual Rent Year 6: $306,726.00 Annual Rent Year 7: $311,686.00 Annual Rent Year 8: $316,646.00 Annual Rent Year 9: $321,606.00 Annual Rent Year 10: $326,566.00 Annual Rent

Minimum Guaranteed Rental as shown on EXHIBIT "D" (which is attached hereto, and is incorporated herein by reference for all purposes as if copied at length), payable in advance.

Minimum Guaranteed Rental. $ See Exhibit "C" Rental Schedule per month, payable in advance.