Daily Rent definition

Daily Rent means, as to any Lease, an amount equal to the per diem Rent payable under the applicable Schedule (calculated on the basis of a 360 day year and 30 day months).

Daily Rent means one-thirtieth (1/30) of the Monthly Rent.

Daily Rent means, as to any Lease or Financing, an amount equal to the per diem Rent payable under the applicable Schedule (calculated on the basis of a 360 day year and 30 day months).

Examples of Daily Rent in a sentence

• No failure of Agent to enforce any term of this Agreement shall be deemed a waiver, nor shall any acceptance of a partial payment of Daily Rent or other charges payable by Guest under this Agreement be deemed a waiver of Agent's right to the full amount of Daily Rent and other charges payable by Guest under this Agreement.

• Lessee will not be charged an additional electrical usage fee as it is included in the Daily Rent.

• Lessee will not be charged an additional water usage fee as it is included in the Daily Rent.

• If Owner is unable to deliver the premises to Guest at the beginning of the rental period on account of governmental authority issuing a legal order restricting or prohibiting the use by Owner of the Property for vacation rental purposes or otherwise, Agent shall return to Guest the Initial Deposit, Security Deposit, and any other payments of Daily Rent paid by Guest for the Dates of Stay in this Agreement.

• Lessee is responsible for paying the Daily Rent specified in the Agreement (as such may be adjusted pursuant to Section 9) for each month during the Lease Term and any extensions thereof.

More Definitions of Daily Rent

Daily Rent means the daily equivalent of the initial Basic Rent.

Daily Rent means any daily rent payable during the Term pursuant to this Sublease in a per diem amount equal to the product of (a) the Lessor’s Cost, multiplied by (b) the Daily Rent Percentage, for each day of the referenced period.

Daily Rent is determined by dividing the monthly Basic Rent for the Leased Item by thirty (30).

Daily Rent means the per diem amount set forth in the applicable Lease Schedule.

Daily Rent shall have the meaning set forth in Section 3 of the Lease. Default shall mean an event or circumstance which, after the giving of notice or lapse of time, or both, would become an Event of Default.

Daily Rent means any daily rent payable during the Term pursuant to this Lease in a per diem amount equal to the product of (a) the Lessor’s Cost, multiplied by (b) the Daily Rent Percentage, for each day of the referenced period. Default shall mean an event or circumstance that, after the giving of notice or lapse of time, or both, would become an Event of Default. Defective Registration shall mean any failure to cause the Aircraft to be effectively registered with the Registry in the name of Lessor in accordance with the applicable Registration Requirements, for any reason whatsoever, including should such registration be revoked, canceled or expired or otherwise deemed to have ended or been invalidated pursuant to the Registration Requirements. Diminution Amount shall mean the amount by which (A) the Fair Market Sales Value of the Aircraft without such damage history, exceeds (B) the Fair Market Sales Value of the Aircraft with such damage history (and as to this sub- clause (B), without making the assumption in clause (iii)(B) of the definition of Fair Market Sales Value).

Daily Rent means the Acquisition Cost multiplied by the rate used to calculate the Monthly Rent as shown on each Equipment Schedule, based on a 360 day year.";