Minimum Rental definition

Minimum Rental shall have the meaning assigned in Section 3.1(c).
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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.
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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).
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Examples of Minimum Rental in a sentence

  • The Deposit will be applied towards the Minimum Rental, including all applicable taxes, for the first month of the Term, with the remainder of the Deposit, to be held by the Landlord as security for the faithful performance by the Tenant of all of the provisions of this Lease to be performed or observed by the Tenant.

  • The Tenant covenants and agrees that the Tenant will deliver to the Landlord prior to the commencement of each Lease Year a series of post-dated cheques each in the amount of the monthly instalments of Minimum Rental plus applicable taxes and Additional Rental for that Lease Year.

  • For no more than three months until the Minimum Rental has been determined as provided herein, the Tenant shall pay Minimum Rent based on 120% of the Minimum Rental payable during the last month of the Term and upon the determination of the Minimum Rental the Landlord and the Tenant shall make the appropriate adjustments without interest.

  • If the Landlord and the Tenant have not mutually agreed on the amount of the Minimum Rental three months prior to the commencement of a Renewal Term, then Minimum Rental shall be decided by binding arbitration within the provisions of the Arbitration Act, R.S.B.C. 1996, c.


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.
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Minimum Rental means the minimum annual rental reserved hereunder payable by the Tenant as set out in section 4.1(a);
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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. Net Award - 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). Successor Landlord - as defined in Section 14(c).
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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.
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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.
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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. NET AWARD - 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). SUCCESSOR LANDLORD - as defined in Section 14(c). TAKING DATE - as defined in Section 12(a). TENANT'S CHANGE(S) - as defined in Section 9(a). TENANT'S PROPERTY - as defined in Section 13. [REMAINDER OF PAGE BLANK. SIGNATURE PAGE TO FOLLOW.]
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Minimum Rental means the Rental payable under Section 4.0l(b)(l).
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