Service Rent definition
Examples of Service Rent in a sentence
Days will be converted to hours, which are proportional to the number of hours the receiving employee works per day.
Commencing on the first day of the second Sublease Year and continuing through months thirty six (36), Base Rent per month shall be equal to the greater of (i) the Calculated Rent or (ii) 115% of the Debt Service Rent.
Seller is engaged in the business of manufacturing and supplying injection molded plastic parts and systems, primarily to the automotive industry (the "Business").
Lessor's liability to Lessee from any cause whatsoever arising out of the Services under this Equipment Schedule will not, in any event, exceed the aggregate of the Service Rent paid by Lessee for the Services, excluding the monthly Rent paid for the Equipment under this Equipment Schedule, giving rise to the claim during the twelve (12) month period immediately prior to the occurrence of the claim.
The current Gross Full Service Rent schedule is hereby deleted in its entirety and replaced instead with the following: Gross Full Service Rent for the Premises shall be the amounts set forth on the rent chart set forth on attached and incorporated Schedule 1 (for the time periods reflected therein) (the “Rent Chart”).