Common use of Annual Rent Clause in Contracts

Annual Rent. 3.3.1 Immediately upon Lessee’s receipt of monies from the operation of the F&B/R concessions herein authorized, the portion of monies belonging to Lessor under the terms of this Lease shall immediately be vested in and become the property of Lessor, and Lessee shall be responsible for the monies until the same are delivered to Lessor.

Appears in 2 contracts

Samples: Retail Concession Lease, Retail Concession Lease

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Annual Rent. 3.3.1 Immediately upon Lessee’s receipt of monies from the operation of the F&B/R Retail and A ut om a t ed V end i n g concessions herein authorized, the portion of monies belonging to Lessor under the terms of this Lease shall immediately be vested in and become the property of Lessor, and Lessee shall be responsible for the monies until the same are delivered to Lessor.

Appears in 1 contract

Samples: solicitations.phoenix.gov

Annual Rent. 3.3.1 3.1.1 Immediately upon Lessee’s receipt of monies from the operation transaction fees and surcharges of the F&B/R concessions concession CMU herein authorized, the portion of monies belonging to Lessor under the terms of this Lease shall immediately be vested in and become the property of Lessor, and Lessee shall be responsible for the monies until the same it is are delivered to Lessor.

Appears in 1 contract

Samples: Luggage Cart Rental Services

Annual Rent. 3.3.1 Immediately upon Lessee’s receipt of monies from the operation of the F&B/R concessions Lounge concession herein authorized, the portion of monies belonging to Lessor under the terms of this Lease shall immediately be vested in and become the property of Lessor, and Lessee shall be responsible for the monies until the same are delivered to Lessor.

Appears in 1 contract

Samples: Concession Lease

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Annual Rent. 3.3.1 3.1.1 Immediately upon Lessee’s receipt of monies from the operation transaction fees and surcharges of the F&B/R concessions ATM concession herein authorized, the portion of monies belonging to Lessor under the terms of this Lease shall immediately be vested in and become the property of Lessor, and Lessee shall be responsible for the monies until the same it is are delivered to Lessor.

Appears in 1 contract

Samples: www.phoenix.gov

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