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.