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.