Monthly Base Rent definition

Monthly Base Rent. The monthly rent specified in Section 1.01(8).
Monthly Base Rent with respect to each Due Date and each Financed Vehicle leased under the Lease on any day during the Related Month, shall be the sum of all Depreciation Charges that have accrued with respect to such Vehicle during the Related Month.
Monthly Base Rent is defined in paragraph 9 of Annex A and paragraph 6 of Annex B to the Master Lease.

Examples of Monthly Base Rent in a sentence

  • Monthly Base Rent, taxes, assessments and all other sums payable by Tenant to Landlord under this Lease (collectively, “Rent”) shall be prorated to and cease as of the termination date.

  • Notwithstanding any contrary provision of this Lease, effective on the first day of the month following each anniversary of the Effective Date (each such date being an “Adjustment Date”) (unless the Effective Date is the first day of a month, in which case the Adjustment Date will be on each anniversary of the Effective Date), Monthly Base Rent shall be increased by an amount equal to three and one-half percent (3.50%) of the Monthly Base Rent in effect immediately preceding such Adjustment Date.

  • Notwithstanding anything herein, Landlord’s obligations for repairs and abatements of Monthly Base Rent shall not be applicable to the extent Tenant or any other occupant of the Premises, or any of their employees, agents, invitees or contractors cause the damage.

  • In the event that Txxxxx holds over past the end date of this Lease, without the express written consent of Landlord, the Monthly Base Rent shall be paid at the rate of one hundred fifty percent (150%) of the Monthly Base Rent in effect at the end of the Lease Term.

  • On the first day of every calendar month of the Term, Tenant will pay, without deduction or offset, prior notice or demand, except as otherwise set forth herein, Monthly Base Rent at the place specified as Landlord’s Notice Address in Section 1.7 or any other place designated in writing by Landlord.


More Definitions of Monthly Base Rent

Monthly Base Rent has the meaning specified in Section 4.2 of the Series 2010-3 Lease.
Monthly Base Rent. (Article 3): Months of Term Monthly Base Rent 1 through 2 $0 3 through 12 $21,649 13 through 24 $22,066 25 through 36 $22,482 37 through end of term $22,898
Monthly Base Rent has the meaning specified in Clause 4.2 of each Master Lease.
Monthly Base Rent has the meaning specified in Section 4.2 of the Series 2013-G1 Lease.
Monthly Base Rent payable during each Lease Year shall be determined in accordance with the following:
Monthly Base Rent has the meaning specified in Section 4.1 of the HVF Lease.
Monthly Base Rent shall have the meaning described in Section 4(a).