the Annual Rent definition

the Annual Rent means the rent payable by the Tenant to the Landlord during each respective year of the Term (or any further term) beginning with the Initial Rent.
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the Annual Rent. , "minimum rent", "base rent" or "basic rent", shall mean Annual Rent; and whenever used in this Lease, the term (insofar as it pertain to this Lease) "rent", "rental", "Rent", or the plural of any of them, shall mean Annual Rent.
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Examples of the Annual Rent in a sentence

  • The annual rent is calculated as a price per square foot ($/SF) of the usable space with 1/12th due each month.

  • The annual rent payable for the Leased Object (the Rent) shall be NOK […] (exclusive of Value Added Tax).

  • The annual rent under the 1968 Lease would be increased to $250,000 per year.

  • The annual rent (“the Rent”) from the Date of Entry shall be such sum as represents 85% of the annual Local Housing Allowance Rate for the subjects of let as the same shall be fixed and applicable from time to time.

  • The annual rent payable from the relevant market rent review shall be the greater of the market rent as at the rent review date and a 3% increase on the prevailing annual rental immediately prior to the review.

  • The annual rent for the Fuel Storage Facilities is $394,042.82, payable at $32,836.90 monthly (“Fuel Storage Facilities Rent”).

  • The annual rent will be determined by the Lessee prior to the academic year and will be divided into two payments, with one payment due at the beginning of the Fall semester and the second due at the beginning of the Spring semesters.

  • The annual rent is based upon the current land rental rate at the airport.

  • The annual rent of the above described land for 20 and each following year of the agreement shall be $ , as adjusted by the Consumer Price Index (CPI) and is due and payable to Ogden City Corporation, in advance, on the first business day of each calendar year of the Agreement.

  • The annual rent shall be paid in a lump sum between January 1, 2021 and January 5, 2021.