Monthly Rental Charges definition

Monthly Rental Charges. ’ means the monthly charges payable by Company to Contractor (on prorate basis for part of a Month) for providing an equipment/tool/set of equipment commencing from the date of completion of mobilization of that equipment/tool/set of equipment at Wellsite in accordance with Mobilization Notice issued by Company, irrespective of whether that equipment/tool/set of equipment is put to use by Company or not. As & when that equipment/tool/set of equipment is put to use by Company, Company shall pay Operating Day Rate also for that equipment/tool/set of equipment in accordance with terms & conditioned mentioned herein, which shall be in addition to the applicable Monthly Rental Charges.

Examples of Monthly Rental Charges in a sentence

  • Monthly Rental Charges for a Contractor’s Item (except Sample Bottles) hired on ‘Monthly Rental Basis’ will be payable in addition to ODR for such Contractor’s Item.

  • Within Rider Meter-Related Facilities Lease (Rider ML”), the Company proposes to update the Standard Meter Allowance (“SMAs”) and the Monthly Rental Charges (“MRCs”).

  • The last day of the Rental Month for which all Monthly Rental Charges have.

  • Monthly Rental Charges for Bottom hole PVT sampler will be payable once the tool is mobilized to the first well site till demobilized from the last well site.iii.

  • If more than said number of person(s) habitually use the Premises or services, the Fixed Monthly Rental Charges will be increased by a factor of $150 for each additional person who habitually uses the Premises.

  • Monthly Rental Charges for upto 2500km + 10hrs per day + 26 working days in a month.

  • In addition, Operator shall not be required to prorate Monthly Rental Charges if Customer gives notice of termination to Operator and the termination date occurs during a Rental Month for which Customer already paid the Monthly Rental Charge.

  • Monthly Rental Charges for sample bottles & transfer kit will be payable once the tool is mobilized to the first well site till demobilized from the last well site.

  • Accelerate the Fixed Monthly Rental Charges, and demand all sums due immediately; c.

  • If more than one person habitually use the Premises or services, the Fixed Monthly Rental Charges will be increased by a factor of $100.00 for each additional person.

Related to Monthly Rental Charges

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • 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.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto. (a) Base Rent Paid Upon Execution: $ N/A as Base Rent for the period N/A.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • 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.

  • Additional Charges As defined in Section 3.3.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Individual Charges means those charges incurred by individual Attendees including, but not limited to, restaurant charges other than the allowable group meals specified herein, any charge for alcoholic beverages, telephone expenses, sleeping room rental deposits, upgrades, Cancellation Fee and/or other applicable service or cancellation charges incurred by an Attendee, and associated taxes, surcharges, and/or other incidentals.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • 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

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Rent means Basic Rent and Supplemental Rent, collectively.

  • Percentage Rent As defined in Subsection 3.1(b).

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.