The Lease Rent definition

The Lease Rent means the annual lease rent payable to the Lessor by virtue of Clause 12 of this Agreement.
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The Lease Rent means the annual lease rent payable to the Ministry by virtue of Clause 10 of this Agreement.
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Examples of The Lease Rent in a sentence

  • The Lease Rent shall be chargeable for the area given to the successful bidder as per this RFP.

  • The Lease Rent will be 2.5% of the premium of the plot per year for the first 10 year from the date of execution of the Lease Deed.

  • The Lease Rent for the first quarter including all other recurring charges shall be paid within 15 days of issue of Notice to Proceed (NTP).

  • The Lease Rent payable under the provisions of this Article 24 shall be due and payable annually no later than 15 (fifteen) days of the close of each Accounting Year.

  • The Lease Rent shall be paid in quarterly installments in advance before the commencement of the quarter for which such payment is due.

  • The Lease Rent along with other dues shall be payable in advance by the Lessee to JMRC on quarterly basis before the 30th day of the end of the month.

  • The Lease Rent, during the term of this Lease Agreement, shall be payable on the first day of month of April each year.

  • The Lease Rent must be quoted both in words and figures in the Financial Bid.

  • The Lease Rent for 2nd year and for subsequent years will have fixed annual escalation at 3% throughout the entire lease period.

  • The Lease Rent for the succeeding ten (10) year period(s) or parts thereof shall be determined by the Ministry, in consultation with the Investor, at least six (6) months before the relevant period.

Related to The Lease Rent

  • Base Rent As defined in Section 3.1.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

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

  • Additional Rent means all sums of money, other than Base Rent, that shall become due from and payable by Tenant pursuant to this Lease.

  • 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.

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

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

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Room Rent Means the amount charged by a hospital for the occupancy of a bed on per day (24 hours) basis and shall include associated medical 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.