new rent definition
new rent means, in relation to the tenancy of a dwelling, the rent under the tenancy set at the next setting;
new rent means The yearly rent payable for the ensuing year from the date of each review.
new rent means the higher of the Rent payable immediately prior to the relevant Review Date (disregarding any suspension of payment of the whole or any part of the Rent as provided in this Lease) and the Open Market Rent of the Premises on the relevant Review Date
More Definitions of new rent
new rent means the rent (exclusive of Service Charges and other amounts payable by Party B under the Lease for the New Term) payable for the New Term, being the market rent for the Premises determined as set out in this Schedule.
new rent as at any Review Date means the higher of:
new rent means any new or interim rent relating to the continuation or renewal of a Renewable Tenancy.
new rent means the rent to operate for the relevant Review Period
new rent as at the Review Date means the higher of:
new rent means the Yearly Rent payable from and including the Review Date for the residue of the Term as a result of the review hereinafter provided