Rent Reviews definition

Rent Reviews. The rent will be payable for the first year with a review after this initial period carried out as part of the negotiations surrounding ▇▇▇▇▇ ▇▇▇▇▇▇▇ / continuation of Pop-Up Kiosk use (subject to planning approval), and then in accordance with the terms of the agreement. Deposit: Insurance: The Operator will not be required to provide a deposit. The Client will insure the structure of the buildings with the Operator responsible for contents, fixed equipment, employee and third party insurance. Repairing Responsibilities: The Operator will repair and replace all equipment as listed in the ‘Cadw Service Standard Requirements and Operator Responsibilities’ section, and in orange above, for the duration of the contract. The Operator is also responsible for the servicing of all equipment and infrastructure of the Pop-Up Kiosk, emergency call outs and for all general maintenance, to keep both equipment and the internal of the building in good repair. Sub Letting: There will be no right to assign, sub-let or part with possession of the whole or any part of the premises.
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Rent Reviews. 29th September 2019 and 29th September 2024. Alienation – Ability to assign or underlet the whole premises only, and an assignment is to be subject to an Authorised Guarantee Agreement.
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Rent Reviews. There will be upward only rent reviews at the end of each third year.
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Examples of Rent Reviews in a sentence

  • The fees stated above for Rent Reviews, Lease Renewals, Rating, Dilapidations, Compulsory Purchase, etc.

  • The Property Care Provider will carry out Rent Reviews prior to the time for Rent Reviews set out in the Lease, and will provide the Landlord with a recommended amount of Rent for each year of the Lease (which may involve a recommended increase or decrease or a recommendation that there be no change to the Rent of the previous year).

  • The fees stated above for Rent Reviews, Lease Renewals, Rating, Dilapidations and Compulsory Purchase represent the fee for completing the transaction without reference to a third party.

  • Rent Review(s): There will be an upward only Rent Review upon each of the fifth, tenth, fifteenth, and twentieth anniversary of the Lease Commencement Date to either open market rental value or the rent increased by RPI whichever is greater Bank Guarantee: None Lease Commencement Date: The Lease Commencement Date will be the date upon which the Lease completes.

  • Property Date of Lease Original Parties Current Tenant Term Current Rent Rent Deposit Outstanding Rent Reviews 5,770 square feet of the Ground Floor Premises,Torus Building, Scottish Enterprise Technology Part, East Kilbride (described by the Company as the Main Office).

  • Rent: £30,000 with phased payments; Year 1 - £20,000, Year 2 - £25,000 and Year 3 - £30,000 Rent Payments: Quarterly in advance Rent Reviews: Every Five years in line with RPI Duration: 12 Years with option to extend for a further 10 years.

  • The Property Care Provider will carry out Rent Reviews prior to the time for Rent Reviews set out in the Lease, and will p ovide the Landlord with a recommended amount of Rent for each year of the Lease (which may involve a recommended increase or decrease or a recommendation that there be no change to the Rent of the previous year).

  • Marketing Version The Property Care Provider will carry out Rent Reviews prior to the time for Rent Reviews set out in the Lease, and will provide the Landlord with a recommended amount of Rent for each year of the Lease (which may involve a recommended increase or decrease or a recommendation that there be no change to the Rent of the previous year).

  • Rent Reviews are at 5 yearly intervals with the next being due as at the 31st January 2024.

  • The Buyer shall, and shall procure that any member of the Buyer’s Group shall, give (subject to their being paid all reasonable costs and expenses) all such information and assistance as the Seller may reasonably request in connection with the conduct of the Rent Reviews.


More Definitions of Rent Reviews

Rent Reviews. It is important to maintain rents at a market level. To achieve a fair balance for both you and your tenants, we aim to review rents as deemed appropriate. We will advise you accordingly where a rent review is appropriate and take your instructions. Tenancy Deposit: The Tenancy Deposit can only be for an amount equivalent to 5 weeks’ rent and it will be initially taken by ▇▇▇▇▇▇▇▇ before being transferred to the TDS. At the end, the deposit can only be retained in part or whole to rectify any damage (over and above fair wear and tear) caused by your out-going tenants at the end of the tenancy. It can also be used to recover unpaid rent, in full or in part. End of Tenancy: Once the tenants vacate your property, Willsons can provide a comprehensive check out to cross reference against the ingoing inventory. The costs are dependent on property size and are shown in the Service Charges. The Tenancy Deposit Scheme determine the release of deposit. If you require assistance with a deposit dispute, please note our charges in the ‘Landlords Fees’ document. Spare Key: Willsons can retain a spare key(s), for the purpose of obtaining access to the property for essential use only. With authority, ▇▇▇▇▇▇▇▇ can get a spare key cut for the property.
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Rent Reviews. It is important to maintain rents at a market level. To achieve a fair balance for both you and your tenants, we aim to review rents at least every 2 years. We will advise you accordingly where a rent amendment is appropriate. Tenancy Deposit: The Tenancy Deposit can only be for an amount equivalent to 5 weeks’ rent and it will be initially taken by Willsons before being transferred to the TDS. At the end, the deposit can only be retained in part or whole to rectify any damage (over and above fair wear and tear) caused by your out-going tenants at the end of the tenancy. It can also be used to recover unpaid rent, in full or in part. Deposits from tenants must be protected via a registered tenancy deposit scheme with prescribed information given to tenants within the required timescale. Tenancy Deposit Scheme, PO Box 1255, Hemel Hempstead, Hertfordshire, HP1 9GN. Tel: ▇▇▇▇ ▇▇▇ ▇▇▇▇. Web: ▇▇▇.▇▇▇.▇▇.▇▇▇ Email: ▇▇▇▇▇▇▇▇@▇▇▇.▇▇.▇▇▇ End of Tenancy: With our fully managed and rent collection services, at the end of the tenancy as Managing Agent, Willsons will inspect the property and ‘check out’ the out-going tenant. Dependent upon the condition of the property at that time, we will advise both parties on how much of the deposit should be returned to the out-going tenants. Payments will be made within 10 working days of written consent from both parties. In the event of a dispute, Willsons will endeavour to negotiate an agreement between both parties. If unresolved, the dispute is referred to an Independent Case Examiner from The Dispute Service Ltd and Willsons will forward the full deposit (less any amount already agreed) to them. Both parties and Willsons must agree to co-operate with the process and the decision will be final and binding. (The statutory rights of either party to take legal action against the other remains unaffected.)
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Related to Rent Reviews

  • Concurrent review means utilization review conducted during

  • Periodic Review means a review conducted by Ofwat for the purpose of determining one or more Price Controls in accordance with Part III of Condition B, but so that references in Part IV of Condition B to a Periodic Review shall exclude any review carried out under paragraph 11 of that Condition and shall include the determination by the Competition and Markets Authority of the relevant questions or, as the case may be, the disputed determination referred to it under paragraph 16 of Condition B;

  • Due Diligence Review means the performance by Buyer of any or all of the reviews permitted under Section 44 hereof with respect to any or all of the Loans or Seller or related parties, as desired by Buyer from time to time.

  • Progress Reports The Progress Reports as required by the individual Task Work Orders issued pursuant to this Agreement. Responsible: Responsible or Responsibility means the financial ability, legal capacity, integrity and past performance of Contractor and as such terms have been interpreted relative to public procurements. See NYS Finance Law § 163(1)(c).

  • Monthly Reports shall have the meaning specified in Section 5.16(b) of the Indenture.