Rent Notice definition

Rent Notice shall have the meaning set forth in Section 40.3 hereof.
Rent Notice. As defined in Section 32.2.

Examples of Rent Notice in a sentence

  • In the event Tenant timely and appropriately exercises its option to extend the Lease but rejects the Option Rent set forth in the Option Rent Notice pursuant to Section 2.2.3, above, then Landlord and Tenant shall attempt to agree upon the Option Rent using their best good-faith efforts.

  • If Tenant exercises its option to extend the Lease but fails to accept or reject the Option Rent set forth in the Option Rent Notice, then Tenant shall be deemed to have accepted the Option Rent set forth in the Option Rent Notice.

  • The receipt by a lessee under the Leases of a Lease Rent Notice shall be sufficient authorization for such lessee to make all future payments of Rents directly to Beneficiary and each such lessee shall be entitled to rely on such Lease Rent Notice and shall have no liability to Grantor for any Rents paid to Beneficiary after receipt of such Lease Rent Notice.

  • Upon receipt from Beneficiary of a Lease Rent Notice (as defined in Section 10.9 hereof), each lessee under the Leases is hereby authorized and directed to pay directly to Beneficiary all Rents thereafter accruing and the receipt of Rents by Beneficiary shall be a release of such lessee to the extent of all amounts so paid.

  • If Tenant timely and properly exercises its Option, the Term shall be extended for the Option Term upon all of the terms and conditions set forth in this Lease, except that the rent for the Option Term shall be as indicated in the Option Rent Notice.

  • Tenant shall thereafter notify Landlord within thirty (30) days of Landlord’s giving to Tenant Landlord’s Fair Market Rent Notice of its agreement with or objection to Landlord’s determination of the Fair Market Rent, whereupon in the case of Tenant’s objection, Fair Market Rent shall be determined by arbitration conducted in the manner set forth below.

  • If Tenant timely and properly exercises its Option, the Lease Term shall be extended for the Option Term upon all of the terms and conditions set forth in this Lease, except that the rent for the Option Term shall be as indicated in the Option Rent Notice unless Tenant, concurrently with Tenant's Acceptance, objects to the Option Rent contained in the Option Rent Notice, in which case the parties shall follow the procedure and the Option Rent shall be determined, as set forth in Section 31(d) below.

  • If Tenant exercises its option to extend the Lease but fails to accept or reject the Option Rent set forth in the Option Rent Notice or withdraw Tenant’s exercise of the option right, then Tenant shall be deemed to have accepted the Option Rent set forth in the Option Rent Notice.

  • If Tenant timely objects to the Option Rent Notice or fails to timely respond to the Option Rent Notice, then the parties shall follow the procedure, and the Option Rent shall be determined, as set forth in Section 2.3.5 below.

  • Within 15 days after receiving the Base Rent Notice, Tenant shall give Landlord either (i) written notice (“Binding Notice”) accepting the Base Rent rate described in the Base Rent Notice, or (ii) written notice (the “Rejection Notice”) rejecting such Base Rent rate.


More Definitions of Rent Notice

Rent Notice has the meaning given to it in Clause 33A.2 (Information)
Rent Notice means a notice sent by the Landlord to the Tenant requiring an increase in the Rent.
Rent Notice has the meaning provided in Section 33.1(b).
Rent Notice. As defined in the definition ofFair Market Value Rent.”

Related to Rent Notice

  • Commencement Notice means a written notice, given by any Secured Party to the other Secured Parties in accordance with the notice provisions set forth in the Securities Purchase Agreement, pursuant to which such Secured Party notifies the other Secured Parties of the existence of one or more Events of Default and of such Secured Party’s intent to commence the exercise of one or more of the remedies provided for under this Agreement with respect to all or any portion of the Collateral as a consequence thereof, which notice shall incorporate a reasonably detailed description of each Event of Default then existing and of the remedial action proposed to be taken.

  • improvement notice means the notice issued by the Authority to the Supplier pursuant to Clause 32.1.3 (Authority Remedies) which will detail how the Supplier shall improve the provision of the Goods and/or Services;

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Payment Notice has the meaning assigned to it in Section 8.06(c).

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Replacement Notice is defined in Section 4.11.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Renewal Notice As defined in Section 1.4(a).

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Extension Notice has the meaning specified in Section 308.

  • Acceptance Notice has the meaning set forth in Section 9.2(d)(iii).

  • Reduction Notice has the meaning set forth in Section 1.3.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • ROFO Notice is defined in Section 6.2(a).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Disagreement Notice has the meaning set forth in Section 2.2.3.1(b).

  • Adjustment Notice has the meaning provided such term in Section 2.3(b).

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;