Net Rental Rate definition

Net Rental Rate means the rate or rates of Net Rent for any month of the Term, as specified in the Offer Letter or the Side Letter(s), if any.
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Net Rental Rate means the rental proceeds Agent receives from the generation of rental reservations. This is to include, but not limit to, the commissions owed to any online travel agent fees when rental reservations are produced from such sites.
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Net Rental Rate. The annual net rental rate for the Expansion Term of the lease per rentable square foot shall be as follows: Months 1-10 11-22 23-46 47-58 Net Rental Rate $ 7.00/rsf $ 8.00/rsf $ 9.00/rsf $10.00/rsf OPERATING COSTS: In addition to net rent, Tenant shall pay its share of operating expenses and property taxes, estimated to be $10.19 per rentable square foot (2005 estimate).
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Examples of Net Rental Rate in a sentence

  • It is understood and agreed by both the Landlord and the Tenant that the Net Rental Rate shall be charged per Rentable Square Foot of the Premises, per annum (the "Net Rent") plus GST for the Term of the Lease, payable to the Landlord in advance on the first day of each month in twelve (12) equal consecutive monthly installments.

  • The Gross Rental Rate, Net Rental Rate, and Rent Discount Amount for applicable months under the term of the Lease are all set forth on Exhibit B attached hereto.

  • From time to time, upon Mortgagor's request, Mortgagee shall confirm with Mortgagor the current calculations of the weighted average of the Net Rental Rate for the Leases on certain floors, such weighted average to be determined by Mortgagee based upon Leases and rent rolls provided to Mortgagee by Mortgagor.

  • Tenant shall pay, in advance on the first day of each calendar month during the Term, Monthly Rent as specified in Exhibit C (Absolute Net Rental Rate Formula) of the Basic Lease Provisions as the basic rent per month for the Premises.

  • Net Rental for such space shall be at the then Market Net Rental Rate, and Landlord shall provide Tenant a Market Improvement Allowance for the construction of Tenant's leasehold improvements.


More Definitions of Net Rental Rate

Net Rental Rate means the monthly rental rate payable under the terms of the Lease at any applicable time, after taking into account the discount negotiated as consideration for the sale of the Warrants, as reflected under the caption “Net Rent Adjusted for Warrants” on Exhibit B attached hereto.
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Net Rental Rate shall equal: (i) for a net Lease, the then-current base --------------- annual rental rate per square foot as identified in such Lease; or (ii) for a gross Lease, the then-current base annual rental rate per square foot less: (a) the applicable expense stop, if any, or (b) if an expense stop is not stated, the then current good faith estimate of expenses that are typically recoverable ---------- from the Lessee; however, under no circumstances shall such estimate be less than 95% of the preceding calendar year's actual expenses generally recoverable from Lessees in the Building on a pro rata basis.
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