Minimum Rent Adjustment Schedule means a schedule setting out the Fixed Component of the Minimum Rent Adjustment and the Return Component of the Minimum Rent Adjustment payable by Lessee to Lessor each month in respect of this Lease.
RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.
Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.
Rent Schedule means a written schedule for the Mortgaged Property showing the name of each tenant, and for each tenant, the space occupied, the lease expiration date, the rent payable for the current month, the date through which rent has been paid, and any related information requested by Lender.
Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.
Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50
Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.
Base Year means the period set forth in Section 5 of the Summary.
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.
Base Rent Period Annual Rate Per Square Foot Monthly Base Rent
Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.
Annual Fixed Rent See Exhibit A, and Section 3.1.
Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.
XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.
Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;
Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.
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.
Cost Share means the member’s financial obligation for a covered Service. Depending on the plan type, Cost Share may include one or more of the following: deductible, Copay, Access Fee, and Coinsurance.
Monthly Base Rent The monthly rent specified in Section 1.01(8).
True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.
Basic Rent means Basic Rent as defined in Paragraph 6.
Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.
Percentage Rent As defined in Subsection 3.1(b).
Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.
Direct Expenses means “Operating Expenses” and “Tax Expenses.”
SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.
CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.