Rental rebate definition

Rental rebate means any sum payable to the lessee that is calculated by reference to the termination value of the asset.
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Rental rebate. (a) For each of the first two years of the Eligible Lease Period the lower of: (i) 40% of Eligible Rental Expenses; and (ii) [Option 1: $600,000] [Option 2: insert a maximum number below $600,000 Item 5 Clauses 3 and 4 Funding and payment
Sample 1
Rental rebate means the rental rebate as described in item 5 of the Activity Schedule. Scale-up Technology Business means a business which: (a) develops and commercialises new technology as part of its core service or product offering; (b) at the time of its application for the Funding Program employs at least 10 full time equivalent roles in NSW; and (c) for at least 3 years immediately prior to the date of the Recipient's complete application for the Funding Program, or at the calendar month end prior to the date of the Recipient's complete application for the Funding Program, is generating revenue from core services or products and has achieved an average growth of 20 per cent or more in either employment or revenue year on year. Supporting Information means information and documents that the Recipient must provide to the Agency to receive an Instalment of the Funding as set out in sections 5 and 6 of this Schedule. Target Area means the area within 500m of 0 Xxx Xxxxxx, Haymarket NSW 2000.
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Examples of Rental rebate in a sentence

  • Complaints and dispute resolution agenciesHousing Appeals Office (in the Department of Families, Fairness and Housing) Public housing Community housing (limited to issues with the Victorian Housing Register) Eligibility for social housing Offers of public housing Rental rebate assessments Requests for disability modifications Mutual swaps Transfer of tenancy CANNOT review matters relating to rental arrears and emergency and responsive maintenance requests.

  • Rental rebate is assessed on the tenant: income from all sources.

  • Government grants (cont’d) 2020S$’000As at 1 January 2020 –Salary grant received during the financial year 1,105Released to the statement of comprehensive income (1,105) At 31 December 2020 – The Branch was eligible for the receipt of the grants on the Rental Relief and the Property Tax Rental rebate per the COVID-19 (Temporary Measures) Act 2020.

  • Monthly Rental rebate will be credited to the Customer in the following bill.

  • Rental rebate (excluding the straight-line basis over the term of the lease) of S$42,000 (2H2020: Nil) for 2H2021 which has been deducted against the lease rental income.

  • It is also compounded by a recent amendment to the RTAct that allows social housing landlords to produce “evidentiary certificates” in relevant NCAT proceedings, to be taken as “conclusive proof of the reasonable costs of work” undertaken by the landlord.10b) Rental rebate variation or cancellationFinally, there is the issue of rental rebate cancellations and variations.

  • Project leader and software engineer, responsible for detailed requirement management, timescale planning, software engineering staff supervision and hardware development coordination.

  • Rental rebate income testing is similar to that of pension income test reviews and its associated impact on earnings behaviour.

  • This fridge will be maintained in good working order, with temperature control checks carried out daily and recorded.

  • Rental rebate is provided in respect of service during a semester in a specified remote locality and payment may not be approved prior to the date following the last day of the semester except as provided in sub-clauses 80.5 and 80.6.

Related to Rental rebate

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Base Rent As defined in Section 3.1.

  • Gross Rents means the actual sum of money or other consideration payable for the use or possession of property. "Gross rents" shall include, but not be limited to:

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Additional Rent means all sums of money, other than Base Rent, that shall become due from and payable by Tenant pursuant to this Lease.

  • Basic Rent means Basic Rent as defined in Paragraph 6.