Rent Concessions definition

Rent Concessions means any remaining rent concessions for the Leases used to determine Gross Potential Rent (other than any concessions already accounted for in the determination of Gross Potential Rent above) to the extent such rent concessions relate to the forward 12-month period at the time of determination.
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Rent Concessions means the rent concessions set out in clause 5.1(b) of the Summary (if any).
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Rent Concessions. Resident is granted a $<<ConcessionAmount1>> per month reduction in the monthly Base Rent for the period from <<Conc From DATE>> to <<Conc To DATE>>. The monthly rent identified above is the amount due before application of the rent concession.
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Examples of Rent Concessions in a sentence

  • Schedule of Deferred Rent Concessions: Property Manager will calculate and provide supporting schedules for applicable FASB 13 adjustments on a lease-by-lease basis.

  • The Rent Concessions related to COVID-19, which is effective from June 1, 2020 with earlier application permitted.

  • However, COVID-19 Related Rent Concessions beyond June 30, 2021 were adjusted in the financial reporting standard No.16 lease effective from April 1, 2021.

  • If Tenant fails to quit and surrender the Premises upon the expiration or termination of this Lease, it shall be liable to Landlord for the damages caused to Landlord by reason of such holdover and it is agreed that such damages shall be in an amount equal to double the rental rate provided for in this Lease, plus all costs, and damages, including but not limited to direct and indirect damages, consequential damages, and the cash value of any Rent Concessions under this Lease.

  • Tenant agrees Landlord’s granting of the Rent Concessions shall be deemed conditioned upon Tenant’s full and faithful performance of all the terms, covenants and conditions of this Lease to be performed or observed by Tenant during the term hereof.


More Definitions of Rent Concessions

Rent Concessions shall have the meaning set forth on Exhibit A attached hereto and made a part hereof.
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Rent Concessions means market rent credits or abatements, lease buy-outs or takeovers, the work letters and tenant improvement construction allowances provided under leases for comparable space and other market tenant inducement concessions. Market Rent shall be determined as a rate net of all Rent Concessions.
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Rent Concessions. None Premiums: $1O to $20 for lake views RENT COMPARABLE #4: Coral Cove Location: 25 North Belcher Road
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Rent Concessions. No Premiums: $10 for lake view COMPARABLE RENTALS Comparable Rent Analysis One Bedroom Apartment (Small)
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Rent Concessions means any remaining rent concessions for the Leases used to determine Gross Rent (other than any concessions already accounted for in the determination of Gross Rent above) to the extent such rent concessions relate to the forward 12-month period at the time of determination and such amounts have not been fully reserved with the Lender. .
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Rent Concessions. None Premiums: $10 to $25 for fireplace, lake view and covered parking RENT COMPARABLE #3: Sunchase of Clearwater Location: 6550 150th Avenue North
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Rent Concessions shall have the meaning given in Section 2.5.
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