Rent Receivable definition

Rent Receivable means the Money paid or payable to You for rent of the Premises, including service charges, rendered in the course of Your Activities at the Premises.

Rent Receivable means the amount of the rent received or receivable (including base rental, Turnover rental and contributions to outgoings) from the letting of property at the Business Premises.

Rent Receivable means periodic payments made to the Insured as lessors of Buildings belonging to the Insured ‘Rent Payable’ means periodic payments made by the Insured for the lease of Buildings not belonging to the Insured ‘Damage’ means accidental loss destruction or damage

Examples of Rent Receivable in a sentence

• No additional premium will be charged for this increase in cover during the Period of Insurance provided that You advise Us, prior to renewal, of the revised Rent Receivable for the next Period of Insurance.

• Rent Receivable The money including service charges paid or payable to You from the letting of Premises specified in the Schedule.

• Where the Rent Receivable is subject to a rent review during the Period of Insurance the relevant Sum Insured will be automatically increased to reflect the revised Rent Receivable earned up to a maximum increase of 100% of the Loss of Rent Sum Insured stated on the Schedule.

• If cover is shown as operative in Your Schedule, We will cover You for loss as described under Section 4 Rent Receivable caused by an Accident to Covered Equipment.

• Our maximum liability will not exceed £5,000 in total for all claims or series of claims arising out of any one original Accident, including if shown as operative, any actual loss under Section 4: Rent Receivable in respect of Damage to Computer Equipment whilst away from the Premises.

• Rent Receivable Rent Receivable Sum Insured stated in the Schedule.

• For the purposes of this clause, the Rent Receivable from letting of property at the Business Premises will be regarded as the proceeds of one such department.

• If cover is shown as operative in your certificate, we will cover you for loss as described under Section 4 Rent Receivable caused by an accident to covered equipment.Our maximum liability under this Additional Cover shall not exceed £30,000 in any one period of insurance.

• Alternatively this Extension will indemnify the Insured for Loss of Rent Receivable including the cost of re-letting and any additional expenditure for the purposes of the cover granted by this Extension:1.

• Loss of Rent Receivable This item is limited to loss of Rent Receivable and additional expenditure.

More Definitions of Rent Receivable

Rent Receivable means the Money paid or payable to the Insured for rent of the Premises, including service charges, rendered in the course of the Business at the Premises.

Rent Receivable means (in case of a rent) the amount of the rent received or receivable from the letting of the insured’s insured location and (in case of a business lease) the amount of the rent or other consideration received or receivable from the business lease of the insured´s insured location.

Rent Receivable means money paid or payable to You by tenants for accommodation and services provided in the course of the Business at the Premises.

Rent Receivable means the amount of rent and service charges received or receivable from the letting of the Premises.

Rent Receivable means money paid or payable to You by tenants for

Rent Receivable means the amount of rent received or receivable, and payments for services rendered, in the conduct of Business as property owner at the Premises.