Amount of Rent Clause Samples
The 'Amount of Rent' clause defines the specific sum that the tenant is required to pay to the landlord for the use of the leased property. This clause typically outlines the base rent amount, the frequency of payments (such as monthly or annually), and may also address any scheduled increases or adjustments over the lease term. By clearly stating the rent amount and payment terms, this clause ensures both parties understand their financial obligations, reducing the risk of disputes over payment expectations.
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Amount of Rent. It is important to keep the procedure for calculating flexible cash rent simple. The landlord's share of crop production can be calculated using the crop share approach. The average production for a commonly grown crop will be used as an estimate. This estimate is then adjusted for an allowance for crop failure, and the landlord's share is determined. The method for selecting the prices of the commonly grown crops will also be included in the lease, to determine the actual amount of rent due. The rental payment can be made by delivering an agreed quantity of grain to market in the landlord's name or by paying the equivalent cash price.
Amount of Rent. The total rent for the contract period amounts to EUR XXX and is payable on a monthly staggered basis depending on the rental period. The monthly average rent amounts to EUR XXX The monthly total rent is due in advance in one amount till the 3rd. calendar day of the respective month. For a rental period of XX months, the rental payments are staggered as follows: X X X before hand-over X X X less reservation fee € 50 X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X (! monthly. € XXX) Total: X X X As an alternative to the payment plan, the rent can be paid in one amount for the entire rental period until the due date of the first rental payment, if the tenant so wishes.
Amount of Rent. For every month (or partial month) when this Agreement is in effect, Tenant shall pay a percentage rent to City of ten percent (10%) of Tenant’s Gross Revenue (as defined below).
Amount of Rent. Student acknowledges that different Department facilities have different rental rates. The amount of rent Student will be obligated to pay will depend on the Space assigned to Student, and Student’s rental amounts will not be known until such assignment is made. A rate schedule reflecting the current rental rates associated with the Department’s various facilities is available at www.housing. ▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇/▇▇▇▇▇/, which schedule is incorporated herein by reference. The rates set forth in the schedule are subject to increase at University’s discretion, except that no increase shall exceed 5% of the amounts set forth in the existing schedule. Student acknowledges that he/she will be bound by this Agreement so long as any increase in the rental rate associated with Student’s assigned Space prior to Student’s occupancy is in accordance with this Agreement.
Amount of Rent. Commencing with the Term on July 1, 2023 and for the first Lease Year, Tenant shall pay to Landlord monthly rent (“Base Rent”) equal to Thirty-Three Thousand Twenty-Two Dollars and Twenty-Three Cents ($33,022.23). For Lease Years 2 through 5 of the Term, Base Rent shall be increased annually by the CPI Increase (as defined below) but not more than three and a half percent (3.5%) for each such Lease Year. For Lease Years 6 through 10 of the Term, Base Rent shall increase by the CPI Increase but no less than three and a half percent (3.5%) and no more than four percent (4%) for each such Lease Year. For each Lease Year during an Extended Term, Base Rent shall increase by the actual CPI Increase. The Base Rent for each Lease Year shall be increased (“CPI Increase”) to be the sum of
(i) the Base Rent for the immediate preceding Lease Year, plus (ii) the product obtained by multiplying such amount by the percentage increase in the Consumer Price Index measured from the measuring month which is April of each new Lease Year to the measuring month April of the prior Lease Year. As used herein, the term “Consumer Price Index” (“Consumer Price Index”) shall mean the United States Department of Labor’s Bureau of Labor Statistics Consumer Price Index, All Urban Consumers, All Items, San Francisco- Oakland-San Jose, California (1982-84 equals 100), or the successor of such index. Tenant shall continue paying the current Base Rent until the increased Base Rent has been calculated. Upon such calculation, Landlord shall give written notice to Tenant of the amount of the new Base Rent which shall be due and payable effective as of the commencement of the new Lease Year and Tenant shall, upon receipt of such notice (“Notice Date”), pay Landlord any shortage in Base Rent accruing between the commencement of the new Lease Year and the Notice Date.
Amount of Rent. As consideration for City granting the rights in this Lease, commencing on the Delivery Date or 6 months after the Effective Date (“Rent Commencement Date”), whichever is earlier, Lessee shall pay City during the Term hereof, an amount (“Rent”) as described in Exhibit B, subject to the payment terms and as provided below, and subject to the adjustment of the Premises as provided for pursuant to Section 1.1(a).
Amount of Rent. A. The Lessee agrees to pay the Lessor an annual cash rent for the above-described farm in the amount determined by one of the following methods:
Method 1. The annual cash rent shall be the sum of $ . This represents 402.4 acres of cropland at $ per acre, plus acres of at $ per acre, plus acres of at $ per acre, plus .
Method 2. The cash rent shall be the amount stated in Method 1 above, but adjusted annually after the first year in proportion to changes in the USDA index of for the month(s) of from a base index of for the first year of this lease.
Method 3. The cash rent shall be equal to the value of the standing amounts of commodities indicated below, such value to be calculated each year by using the prices for the time periods and from the sources specified. After the first year the standing amounts shall first be adjusted up or down for the year in the same proportion as county average yields changed that year from the indicated base yields. Commodity Standing Time periods and sources of County average amount the prices to be used base yield Corn................. bu. bu. Soybeans......... bu. bu. Wheat.............. bu. bu. Milk................. lb. XXXXXXX Hogs................ lb. XXXXXXX
Amount of Rent. The tenant will pay rent of $ per by: (week / month) [ ] Cash [ ] Cheque [ ] Other Rent is due on the day of each month/week and is payable to The landlord must give a written notice to the tenant of an increase as follows: • 12 full weeks for a week-to-week agreement • 3 full months for a month-to-month agreement • 180 days for any other periodic tenancy Rent may be increased if the following time has passed since the last rent increase: • 26 full weeks for a week-to-week tenancy • 6 full months for a month-to-month tenancy • 180 days for any other periodic tenancy
Amount of Rent. The monthly rental payment owed by the Renter shall be 3% of the Renter’s gross sales for the payment period at any of the three listed locations. That amount shall be calculated from the start of this lease to the date the first payment due, and subsequently the intervals between payment due dates. The Renter shall provide verification of the gross sales to the Municipality.
Amount of Rent. Subject to the provisions of Sections 4.2 and 4.3 below, the rent for lease of the Leased Property is Five Hundred Thousand Dollars ($500,000). CITY and LESSEE agree that this amount includes compensation to CITY for lost revenue to CITY during the term of this Lease caused by the exclusive use of the Leased Property during the Championship (Sections 3.2, 12.4, 12.5, 12.6, 12.7, and 12.9), the exclusive use of the Championship Course before and after the Championship Week (Section 8.2) and the non- exclusive use of the Leased Property before and after the Championship (Sections 3.1, 3.3, 12.4, 12.5, 12.9, 20.3, and 20.4), including revenue lost due to discounted green fees and decreased volume caused by pre- and post-Championship activities on the Courses.