Rent Discount definition

Rent Discount. Notwithstanding the foregoing, the Lessee is granted with 100% discount on Rent for the first two months as of the Commencement date. The Rent does not include specified operating park management services/service costs listed in the Article VI. hereof. The Rent shall be paid quarterly in Euro.
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Examples of Rent Discount in a sentence

  • The tenant agrees to pay rent to the landlord in the following amount: Basic Rent: $ For parking spaces: $ Other (specify): $ Rent Payable $ Less Rent Discount* $ Actual Amount Tenant Must Pay: $ The landlord plans to increase the rent by the annual rent increase guideline on (date) .

  • The tenant agrees to pay rent to the landlord in the following amount: Basic Rent: $ For parking spaces: $ Other (specify): $ Rent Payable $ Less Rent Discount* $ Actual Amount Tenant Must Pay: $ (Complete this section if a rent increase on the rental unit is due before the date this agreement ends.) The landlord plans to increase the rent by the annual rent increase guideline on (date) .

  • The tenant agrees to pay to the landlord the following amount: Basic Rent: $ For parking spaces: $ Other (specify): $ Rent Payable $ Less Rent Discount* $ Actual Amount Tenant Must Pay For Rent $ Tenant Services Charge Payable (from the Schedule) $ Total Amount Tenant Must Pay $ (Complete this section if a rent increase on the rental unit is due before the date this agreement ends.) .

  • Seller's cure of the default does not cure Buyer's default hereunder, and Buyer shall promptly repay to Seller (or, if applicable, refund into the Rent Guarantee or the Rent Discount) any and all amount actually expended by Seller to cure Buyer's default under the assigned Lease.

  • If the Landlord Release is obtained, the remaining Rent Guarantee and Rent Discount shall be returned and paid to Buyer.

  • In such event, in addition to the re-assignment of the Lease to Seller, Seller shall receive and retain the Rent Guarantee and Rent Discount as to the Lease subject to default, held by Seller or owed to Buyer, as agreed upon, full liquidated damages for such default, with Seller hereby waiving and releasing any rights to ▇▇▇ Buyer for specific performance, other than to compel the re-assignment of the Lease, or to prove that Seller's actual damages exceed the retained Rent Guarantee and Rent Discount.

  • When and if the Landlord Release is obtained, the remaining Rent Guarantee and Rent Discount shall be released and paid to Buyer.

  • The tenant agrees to pay rent to the landlord in the following amount: Basic Rent: $   For   parking spaces: $   Other (specify):   $   Rent Payable $   Less Rent Discount* $   Actual Amount Tenant Must Pay: $   The landlord plans to increase the rent by the annual rent increase guideline on (date)   .

  • Seller shall withhold the Rent Discount and Buyer shall place with Seller sufficient cash, cash equivalents or letters of credit acceptable to Seller to secure twenty percent (20%) of the remaining Rent obligation calculated from and after the Lease Transfer Date through the expiration of the base lease term, or in the event the Lease provides for an earlier termination, through the date of early termination (the "Rent Guarantee").

  • Provided there is no condition or event of default under the Lease caused by Buyer or any sub-tenant, the Rent Guarantee shall decline quarterly such that the balance held by Seller is always equal to the remaining Rent and the pro rata portion of the Rent Discount shall be paid to Buyer quarterly, in arrears, as rents are paid by Buyer to the landlord.