Annual Rent definition

Annual Rent means the annual fixed rent to be paid to the Lessor by the Lessee under Section 5 of this Lease.
Annual Rent means a peppercorn (if demanded).

Examples of Annual Rent in a sentence

  • The Annual Rent payable from the beginning of each Renewal Term shall be the greater of the current market rent as at the relevant Renewal Date or a three percent increase on the prevailing Annual Rent payable immediately prior to the relevant Renewal Date.

  • The Lessee shall pay the Annual Rent by equal monthly payments in advance (or as varied pursuant to any rent review) on the rent payment dates.

  • If clause 23.2 applies, a fair proportion of the Annual Rent and Outgoings will cease to be payable with effect from the date of the damage until the completion of the reinstatement.

  • The Lessee must pay to the Lessor all GST payable on the Annual Rent and other money payable by the Lessee under this lease.

  • The Annual Rent will be increased by the Annual Fixed Percentage Increase on each and every anniversary of the Commencement Date including, for the avoidance of doubt, every anniversary of the Commencement Date during any Renewal Term.


More Definitions of Annual Rent

Annual Rent. As stipulated in Clause 1(a) of the Special Covenants and Conditions hereinafter appearing.
Annual Rent means the fee levied or paid per hectare per annum to the owner or landlord for the exercise of timber rights on the piece of land as specified in the contract;
Annual Rent means the aggregate of the Annual Minimum Rent and Percentage Rent.
Annual Rent the amounts set forth below during the Original Term, and the amount set forth in Section 7 during any Renewal Term. TERM ANNUAL RENT MONTHLY RENT From 07/15/2004 to 03/14/2005 $ 14,663.00 $ 1,221.92
Annual Rent means the amount so identified on Page 1 of this Lease.
Annual Rent means the annual rent required by AS 38.05.255 as determined pursuant to Section 6 herein.
Annual Rent shall have the meaning set forth in Section 4.2.