Proposed Rent definition

Proposed Rent means the rent proposed to be charged, based on this application for a special rent adjustment under YMC §15.20.100(A), (B) and/or (C). “Proposed Rent” does not include the rent based on any Annual Adjustment noticed but not yet due or collected as of the date of filing this application.
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Proposed Rent means the rent proposed to be charged, based on this application for a special rent adjustment under YMC §15.20.100(A), (B) and/or (C). “Proposed Rent”
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Examples of Proposed Rent in a sentence

  • Within thirty (30) days after its receipt of the Proposed Rent Determinations, such third appraiser shall select one Proposed Rent Determination as the Fixed Rent for the applicable Extension Term, which determination shall be final, binding and conclusive upon all parties.

  • The market rate Fixed Rent determined by each of the first two selected appraisers (each a “Proposed Rent Determination,” and collectively, the :Proposed Rent Determinations”) shall be submitted to the third selected appraiser within a period of thirty (30) days after the appointment of such third appraiser.

  • The Umpire will consider the Statement of Appraised Rent, the Responding Statement of Proposed Rent and any Supplemental Statements of Rent.

  • In the event that the Brokers' Rent is more than $1.15 per square foot of Rentable Area greater than or less than Landlord's Proposed Rent, then Tenant shall have the right to notify Landlord in writing of its decision to revoke its election for a Renewal Term within ten (10) Business Days after its receipt of notice of the Brokers' Rent.

  • Within thirty (30) days after receipt of the Renewal Notice, Landlord shall provide to Tenant Landlord's proposed rental rate and proposed escalations for such rent for the Renewal Term (collectively, "Landlord's ---------- Proposed Rent"), which shall reflect Landlord's estimation of the then-current ------------- fair market rate on a triple net basis, including relevant market conditions, for similar space in a comparable building in Fairfax, Virginia.

  • In the event that the Brokers' Rent is within $1.15 per square foot of Rentable Area of Landlord's Proposed Rent, then the Brokers' Rent shall be final and binding upon both parties and Landlord shall be required to lease the Premises to Tenant for such Renewal Term at the Brokers' Rent and Tenant shall be obligated to lease.

  • If neither the lessor nor the tenant serves on the other a Proposed Rent Notice on a date which is prior to the Rent Review Date, then neither the lessor nor the tenant shall have the right to give a Proposed Rent Notice and this clause 56 shall cease to apply in respect of that Rent Review Date and the rent from that Rent Review Date until the next Rent Review Date will be the same as the rent for the 12 months prior to that Rent Review Date.

  • Within thirty (30) days of Tenant's Option Notice, Landlord shall notify Tenant of the Rent (the "Proposed Rent") for the Option Period.

  • New Lessee shall have the right to lease any IHC Development Hotel sold to EIP pursuant to the exercise of the Development Option and EIP shall deliver to New Lessee prior to or with such written notice the Proposed Rent Terms for such IHC Development Hotel.

  • Each party shall present to the arbitrator such information as the party deems relevant and the arbitrator shall select either the Landlord’s Proposed Rent or the Tenant’s Proposed Rent (but no other amount) as the Base Rent for the Extended Term in question and the rent so selected shall become the Base Rent for said Extended Term.