Surface Rent definition

Surface Rent means the fees of the demarcated area of the Mining Contract the payment conditions and duration of which shall be established in the Mining Regulations.
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Surface Rent means the annual sum payable by the Licence Holder to the State or the owner or occupant of the Licence Area which is prescribed in the Regulations;
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Surface Rent means a rent payable to the Government for every year for the surface area allotted to a quarrying permit holder or a lessee under these rules at such rates not exceeding the land tax assessable on the land by the Government from time to time;
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Examples of Surface Rent in a sentence

  • Fifth Floor Space, whether Exclusive, Common Use or Limited Common Use Space, shall be charged at the Surface Rent rate described in Section 4.3(b) hereof.

  • Adjusting for Surface Rents reported by companies which are out of scope Company Revenue Stream Resolutions/Adjustments(US$)Koidu HoldingsSurface Rent(128,630)Sierra RutileSurface Rent (436,442)Sierra MineralsSurface Rent(92,555)Nimini Surface Rent (30,000)African MineralsSurface Rent(75,349)Total (762,976) Total adjustments/resolutions on companies' payments.

  • The amount of Surface Rent, [schedule for] making payments and to whom payments shall be made.

  • Notwithstanding Section 28.1, for so long as events of force majeure constituting war, act of war, invasion, act of public enemies, hostilities (whether war is declared or not), revolution, riot, civil commotion, or acts of terrorism prevent the Concessionaire from carrying out Operations, the Concessionaire shall be excused from the payment of Surface Rent due accruing during such period under Section 15.

  • The MDOP shall pay the Royalty, Dead Rent, Cess, Surface Rent, Water Rate, Land Revenue, DMF and other statutory charges, penalty in any form, in respect of the Mine and production of Minor Mineral.

  • Rates include all taxes except GST and Statutory Payments i.e. Limestone Royalty, DMF, NMET, Environment Management Cost, Surface Rent, Dead Rent and Mine Closure Cost or any other tax statutory in nature.

  • Surface Rent is payable to the Department of Mines after acquiring Land Lease.

  • The MDOP shall pay the Royalty, Dead Rent, Cess, Surface Rent, Water Rate, Land Revenue, DMF and other statutory charges, penalty in any form, in respect of the Mine and production of Black Stone.

  • Except as specifically provided in Section 14.3 (Special Provisions), Section 15.1 (Royalties), Section 15.3 (Royalties on Minerals Purchase by the Concessionaire for Sale or Processing and Sale), and Section 15.4 (Surface Rent), the Concessionaire shall pay all Taxes and Duties in accordance with Schedule 6 and as otherwise provided by applicable Law.

  • In lieu of the amounts prescribed by Schedule 6, Surface Rent for all Land within the Concession Area shall be US$100,000 per year for the first 10 years after the Effective Date and US$250,000 per year for the next 15 years.


More Definitions of Surface Rent

Surface Rent means the fee payable to KPMMDD for the licensed/leased demarcated area of the license/lease to be charged under these Rules at the recovered rates specified by Government from time to time. The payment conditions and duration shall be established in the Mining Regulations;
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Surface Rent means the monetary payment that a holder makes to the owner of land on which the holder intends to conduct exploration or production activities;
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Surface Rent means a fee payable to the Government for the right to explore for or exploit Mineral resources of Liberia.
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Surface Rent means the annual sum payable by the License Holder to the State or the owner or occupant of the License Area which is prescribed in the Regulations;
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Surface Rent means rent, payable by the lessee for the surface area, leased to him for the purpose of mining, at the rates prescribed by the Government.
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Related to Surface Rent

  • 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%.

  • Additional Rent means any and all amounts, other than Basic Rent, required to be paid by the Tenant under this Lease, whether or not same are designated “Additional Rent” or whether or not the same are payable by Landlord;

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

  • 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.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Base Rent As defined in Section 3.1.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • 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.

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Surface water means all water which is open to the atmosphere and subject to surface runoff.

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;10

  • the Landlord means the party named on the first page of this Agreement and any successor and any person who has an interest as heritable proprietor in The Property, even if not named in this Agreement. The Landlord agrees to inform The Agent, in writing, of any changes to ownership of The Property, contact telephone numbers, postal or e-mail addresses as soon as possible and in any event within 7 days of the change.

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical expenses.

  • the Premises means the building or part of the building booked and referred to in the contract

  • School premises means either of the following:

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.