Minimum Rental definition

Minimum Rental shall have the meaning assigned in Section 3.1(c).
Minimum Rental mean the minimum rental set forth in this Section 5(a) as adjusted pursuant to Section 4 hereof. As used in this Lease, the terms "rent and "rental" mean minimum rental, percentage rental, additional rental and all other sums due and owing from Tenant to Landlord under this Lease.
Minimum Rental means the minimum payment payable by Customer for each month (or pro rata part month (if any)) of the Use Period. “Rental Period” means the duration of the Product(s) rental period (if applicable).

Examples of Minimum Rental in a sentence

  • The holders of Common Shares are not entitled to cumulate votes in the election of any directors.

  • The covenants of Tenant to pay the Minimum Rental and the Additional Rental are each independent of any other covenant, condition, or provision contained in this Lease Agreement.

  • Tenant shall pay, as Additional Rental, along with its monthly Minimum Rental payments required hereunder, one-twelfth (1/12) of such estimated Operating Expenses and Real Estate Taxes and such Additional Rental shall be payable until subsequently adjusted for the following year pursuant to this Article.

  • After expiration of the Minimum Rental Term, this Agreement could renew itself for a Month-to-Month term of the original Rental Agreement, with a 20% increase in monthly rent at the Landlord’s discretion.

  • Minimum Rental shall be fifteen dollars ($15.00) per month regardless of use, size or location of the area rented.


More Definitions of Minimum Rental

Minimum Rental. Consolidated minimum rentals (determined in the same manner as set forth in the notes to the Financial Statements) excluding up to $5,000,000 of Consolidated equipment rentals for (i) in the case of any determination on or prior to December 31, 1996, the twelve month period ending September 30, 1996 and (ii) in the case of any determination thereafter, the immediately preceding fiscal year.
Minimum Rental as defined in Section 3. Mortgage - any Mortgage, deed of trust or other security interest now existing or hereafter created on all or any portion of Landlord's interest in this Lease and/or the Leased Premises. Mortgagee - the holder of any Mortgage. Person-Persons - any individual(s), partnership(s), firm(s), corporation(s), business trust(s), estate(s), legal representative(s) or other entities of any nature or description whatsoever. Plans and Specifications - as defined in Section 9(a)(iv). Successor Landlord - as defined in Section 14(C). Tenants Change(s) - as defined in Section 9(a). Tenant's Property - as defined in Section 13.
Minimum Rental. $33,333.33 per month (based on $40.00 per square foot per year) during the Stub Period and Lease Years 1 through 5; and $36,666.67 per month (based on $44.00 per square foot per year) Lease Year 6 through the remainder of the Term.
Minimum Rental. Means a percentage of the tourism beds – usually thirty per cent of the Operating Area occupancy for the Operating Year – that shall be used to calculate the minimum Occupancy-based Conservation Contribution;has the meaning described in Clause 9.2 (a);
Minimum Rental. PERIOD: Unless otherwise agreed, rental payments shall begin on the date specified in this lease agreement for delivery of equipment, and shall continue until the equipment is returned. Lessee agrees to return said equipment on the date specified in this Lease. Out of town shipments of equipment shall be billed for a minimum two day rental. Irrespective of any agreements with respect to number of rental days, full daily rates shall be charged for each day for said equipment. A full additional day’s rental will be charged for any equipment not returned by 10:00 a.m. When on a daily schedule, daily rates will be charged for each day, Sunday and holidays included if the equipment is used. The daily rate will be charged for each full day or any portion thereof.
Minimum Rental. Two (2) nights. Rental Rate is less per night for longer stays. Holiday Minimum Rental: Four (4) nights $ 350.00 per night – Minimum Two (2) Nights $ 300.00 per night – Minimum Three (3) Nights $ 275.00 per night – Minimum Five (5) Nights $ 250.00 per night – Minimum Seven (7) Nights $3,500 – Monthly (Only as availability allows) Plus: $35/night/additional guest over ten (10). Children ages six (6) and under do not count. $ 200.00 one-time Cleaning Fee $ 300.00 Refundable Damage / Security Deposit Dunnellon, FL 11% Sales Tax applies to Rental and Cleaning Fee (includes 4% Bed Tax)
Minimum Rental as defined in Section 3. MORTGAGE - any Mortgage, deed of trust or other security interest now existing or hereafter created on all or any portion of Landlord's interest in this Lease and/or the Leased Premises. MORTGAGEE - Bank of America, N.A., as successor to NationsBank, National Association, a national banking association, in its capacity as a lender and as Administrative Agent for certain lenders, together with any subsequent holder of any Mortgage. NET AWARD - as defined in Section 12(e). OFFER - as defined in Section 12(c). PERSON-PERSONS - any individual(s), partnership(s), firm(s), corporation(s), business trust(s), estate(s), legal representative(s) or other entities of any nature or description whatsoever. PLANS AND SPECIFICATIONS - as defined in Section 9(a)(iv). PURCHASE PRICE - as defined in Section 12(c). SUCCESSOR LANDLORD - as defined in Section 14(c). SUPERIOR LEASE - that certain Lease Agreement dated as of December 17, 1998, between Superior Lessor, as lessor, and Landlord, as lessee, as the same has been amended from time to time, together with any other lease of all or any portions of the Leased Premises made by and between any persons, firms or entities, as lessor, and any Landlord hereunder, as lessee. SUPERIOR LESSOR - First Security Bank, National Association, solely as Owner Trustee under Aviation Sales Trust 1998-1, as lessor under the Superior Lease, together with any subsequent lessor under any other Superior Lease.