Examples of Reviewed Rent in a sentence
The Reviewed Rent shall not take effect until at least four weeks after the notice of variation is sent.
With effect on and from the Review Date, the Reviewed Rent (as agreed or determined in accordance with this Schedule 2) is to become payable as the yearly rent reserved by this Lease.
The parties shall cause a memorandum of the Reviewed Rent duly signed by the Landlord and the Tenant to be endorsed on or securely annexed to this Lease and the counterpart of this Lease.
The Reviewed Rent applies from and including the relevant Rent Review Date and any adjustment as between the Lessor and the Lessee with respect to the Reviewed Rent shall be made on the first day of the month following agreement or determination of the Reviewed Rent.
If at any Review Date there is a statutory restriction on the Landlord's right to calculate the Deferred Rent or review the Reviewed Rent then upon the ending or removal of such restriction the Landlord may within one year thereafter give to the Tenant not less than one (1) months’ notice requiring calculation of the Deferred Rent and/or an additional rent review upon the succeeding Payment Day which Payment Day will for the purposes of this Lease be a Review Date.