The annual rent definition

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.
Sample 1
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.
Sample 1

Examples of The annual rent in a sentence

  • The annual rent shall be in the amount of DOLLARS AND CENTS ($), payable monthly in arrears in the amount of DOLLARS AND CENTS ($).

  • 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 expenses for premises consist of minimum rent and does not include variable costs.

  • The annual rent will be calculated by multiplying the annual square footage rate times square footage.

  • The annual rent and tenant leasehold and security deposits of each property are not disclosed as consent from the tenants has not been obtained.

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

  • The annual rent for Hangar for the first year of the Original Term of this Agreement is stipulated in Exhibit B.

  • 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 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 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.

Related to The annual rent

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

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

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

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

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • 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.

  • 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.

  • 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;

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • 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.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Lease Payments means the rental payments described in Exhibit A hereto.

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

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);

  • Rent Expense means, for any Person for any period of determination, such Person’s operating lease expense computed in accordance with GAAP, including, without limitation, all contingent rentals, but excluding all common area maintenance expenses.

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Vacation rental means the lease, sublease, or other rental of residential property for a period of fewer than ninety days, except that it does not include rental of residential property on a weekly or monthly basis pursuant to Chapter 40 of this title, the South Carolina Residential Landlord and Tenant Act.

  • 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.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).