Payment of Fixed Rent definition

Payment of Fixed Rent. As set forth in Section 5(a) of Part II, Fixed Rent shall be initially paid by wire transfer to the account set forth in the rent direction letter from Landlord to Tenant delivered concurrently with the execution and delivery of this Lease.
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Payment of Fixed Rent. As set forth in Section 5(a) of Part II, Fixed Rent shall be initially paid by wire transfer to the account set forth in the rent direction letter from Landlord to Tenant delivered concurrently with the execution and delivery of this Lease. 24. Threshold Repair Amount: shall mean, at any time, an amount equal to the product of [ ]. If [ ] shall become unavailable to the public because publication is discontinued, or otherwise, Landlord will substitute therefor a comparable index based upon changes in the cost of living or purchasing power of the consumer dollar published by any other governmental agency or, if no such index shall be available then a comparable index published by a major bank or other financial institution.
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Examples of Payment of Fixed Rent in a sentence

  • Payment of Fixed Rent as set forth in Section 3 and Exhibit “C” of the Lease shall commence in full force and effect as of [insert date].

  • Payment of Fixed Rent and payment of any Additional Rent (as hereinafter defined) hereunder shall be by Subtenant's unendorsed check (subject to collection) drawn on a New York City bank which is a member of the New York Clearing House Association or a successor thereto or a bank that clears through the New York Clearing House Association or a successor thereto or by wire transfer of immediately available funds to an account designated by Sublandlord.

  • Payment of Fixed Rent and other Rent or charges shall be made to Lessor at its address stated herein or to such other persons or place as Lessor may from time to time designate in writing.

  • Payment of Fixed Rent as set forth in Section 3 and Exhibit “B” of the Lease shall commence in full force and effect as of [insert date].

Related to Payment of Fixed Rent

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

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • 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.

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

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

  • 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;

  • 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

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

  • 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.

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

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

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

  • 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.

  • 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).

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

  • Lease Payments means the rental payments described in Exhibit A hereto.

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

  • Rent means Basic Rent and Supplemental Rent, collectively.

  • 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.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • 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.

  • Monthly Maintenance Statement shall have the meaning set forth in Clause 19.6;

  • 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.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.