Monthly Rents definition

Monthly Rents. Maximum Rents – During the low income housing tax
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Monthly Rents means payments of one-twelfth (1/12) of the total annual Rent associated with Airline’s Leased Premises and one-twelfth (1/12) of any other Rents that City may determine during the Term of this Agreement to be paid on a monthly basis.
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Monthly Rents. Monthly Rents shall mean all Rents which are payable on a monthly basis pursuant to the terms of the Leases.
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Examples of Monthly Rents in a sentence

  • The present value shall be determined by discounting the aggregate of the remaining unpaid Monthly Rents and the anticipated residual value of the Equipment to the date of payment by Lessee at the rate of five (5) percent per annum.

  • The worth, at the time of the award, of the unpaid Base Monthly Rents and Additional Rents which had been earned at the time this Lease is terminated.

  • Advance Rent, if any, is applied to the first Monthly Rent due and then to the final Monthly Rents or, at Lessor's option, to the payment of any overdue obligation of Lessee.

  • All Daily Rents and Monthly Rents shall be paid to Lessor at its office in Boston, Massachusetts.

  • Upon expiration of a leave of absence the Village Administrator shall attempt to reinstate the employee to his/her former position or one that is similar, depending upon qualifications.

  • If such amounts or charges are not paid when due, they shall nevertheless, be collectible as Other Fees with any of the Monthly Rents or Additional Rents thereafter falling due.

  • Airline’s failure to pay any Monthly Rents, Passenger Facility Charge payments or any other payment due hereunder, if such failure continues for ten (10) days after receipt of notice to Airline.

  • Airline shall keep books of account and other records relating to the provision and requirements of this Agreement (including the records supporting the basis for and recalculation of Monthly Rents, Additional Rents and Other Fees described in Section 6.06 of this Agreement) consistent with its reporting obligations herein.

  • Any base Monthly Rents specified above are exclusive of all further or additional rents for the 56-month Term, which rents the Tenant shall also be obligated to pay in accordance with the Lease and this Amendment.

  • Any base Monthly Rents specified above are exclusive of all further or additional rents for the 6-Year Term, which rents the Tenant shall also be obligated to pay in accordance with the Lease and this Amendment.


More Definitions of Monthly Rents

Monthly Rents. The Grantee shall select Qualified Households to occupy the Unit and establish Monthly Rents in accordance with the Kaka`ako Reserved Housing Rules. The Grantee shall certify that the Qualified Household and Monthly Rent are in compliance with the Kaka`ako Reserved Housing Rules and submit such certification to the HCDA for each Qualified Household that occupies the Unit.
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Monthly Rents. . Monthly Rents shall mean all Rents which are payable on a monthly basis pursuant to the terms of the Leases.
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Related to Monthly Rents

  • 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 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 ▇▇▇▇▇▇’▇ wages or otherwise.

  • Gross Rents means an amount equal to annual rental income reflected in a current rent roll for all Tenants paying rent, open for business and in actual physical occupancy of their respective space demised pursuant to Leases which are in full force and effect.

  • 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.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent