Examples of Third Rent in a sentence
Within twenty working days following termination of the Lease pursuant to this clause 7, the Landlord shall reimburse to the Tenant any Principal Rent, Second Rent, [Third Rent,] Service Charge or Insurance Rent paid in advance by the Tenant in respect of the period after (but excluding) the relevant Termination Date.
Any amount of Abated Rent included in the Concession Election shall be (y) discounted by 20% of the total value of the converted Abated Rent, and (z) applied to Abated Rent allocated to the earliest Rent Abatement Periods applicable (first, to the First Rent Abatement Period, second, to the Second Rent Abatement Period, then third, to the Third Rent Abatement Period).
Otherwise, the Fixed Rent for the Initial Expansion Space shall be $[****] per Qualified RSF for the First Rent Period, $[****] per Qualified RSF for the Second Rent Period, $[****] per Qualified RSF for the Third Rent Period and $[****] per Qualified RSF for the Fourth Rent Period.
Tenant agrees that portion of the Fixed Rent set forth in Article 3 above with respect to the Storage Space, presently has attributed to the furnishing of electric current to the Storage Space the annual sum of $1.50 per usable square foot of the Storage Space, subject to a compounded 5.5% increase during the Second Rent Period, Third Rent Period and the Fourth Rent Period.
SEVENTY-THREE THOUSAND SEVEN HUNDRED FIFTY and 00/100 ($73,750) DOLLARS per annum with respect to any portion of the Demised Term applicable to the Generator Space occurring during the Third Rent Period.
If Landlord elects to relet the Premises as provided in this paragraph, Rent that Landlord receives from reletting shall be applied to the payment of: First, any indebtedness from Tenant to Landlord other than Rent due from Tenant; Second, all costs, including those for maintenance and repair, incurred by Landlord in reletting; Third, Rent due and unpaid under this Lease.
ONE HUNDRED EIGHTY-THREE THOUSAND FOUR HUNDRED EIGHT and 00/100 ($183,408.00) DOLLARS with respect to the remainder of the Demised Term (referred to as the "Third Rent Period").
If the cost of the Tenant’s Work is less than the Allowance, any excess Allowance, at the written request of Tenant, shall be applied by Landlord towards Rent due under the Lease as additional Abated Rent after the Third Rent Abatement Period.
Second, the Default Formula Rent is multiplied by 50% and added to 50% of the non- discounted rent listed in the Class Members’ leases effective on June 14, 2015, or the tenant’s first lease, which ever is later; Third, Rent Guidelines Board renewal increases, calculated using the executed lease terms, will be added to the Settled Rent forward.
ONE MILLION ONE HUNDRED TWENTY-EIGHT THOUSAND EIGHT HUNDRED FORTY-SEVEN AND 00/100 ($1,128,847.00) DOLLARS with respect to the remainder of the Demised Term ("Third Rent Period").