Examples of Overage Rent in a sentence
Except for re-adjustments of Overage Rent to be made pursuant to subsection 11.2(e), if any such items are not determinable at the Closing, the adjustment shall be made subsequent to the Closing when the charge is determined.
The actual fiscal year for Overage Rents under each Tenant Lease during which the Closing occurs is hereinafter referred to as the "Applicable Overage Rent Year." Non-delinquent Overage Rent collections for the month in which Closing occurs shall be prorated in the same manner as other Rents.
Overage Rent 4% Other 6% Tenant Recoveries 30% Base Minimum Rent 60% - 90% OF SIMON'S CONSOLIDATED ANNUAL REVENUES ARE THE RESULT OF A CONTRACTUAL LEASE DOCUMENT.
In addition to the Net Minimum Rental hereabove reserved, the Lessee covenants and agrees with the Lessor hat commencing on the first (1st) day of the month following the "Overage Date" (as hereinafter defined) and on the first day of each succeeding month during the balance of the first three (3) Lease Years of the Term, the Lessee will pay to the Lessor an additional rental (sometimes hereinafter called "Overage Rent') as hereinafter provided.
If, prior to the Closing, Owner shall receive any installments of Overage Rent attributable to Overage Rent for periods from and after the Closing Date, such sum shall be credited against the Cash Balance payable by the Company at the Closing.