Common use of Definition of Rental Clause in Contracts

Definition of Rental. For purposes of this Article 19 only, the term "rental" shall be deemed to be Minimum Annual Rental, Percentage Rental, Additional Rental and all other sums required to be paid by Tenant pursuant to the terms of this Lease. All sums, other than Minimum Annual Rental, shall, for the purpose of calculating any amount due under the provisions of Section 19.2(c) above, be computed on the basis of the average monthly amount accruing during the immediately preceding sixty (60) month period, except that if it becomes necessary to compute these sums before the sixty (60) month period has occurred, then these sums shall be computed on the basis of the average monthly amount accruing during the shorter period.

Appears in 2 contracts

Samples: Silicon Entertainment Inc /Ca/, Silicon Entertainment Inc /Ca/

AutoNDA by SimpleDocs

Definition of Rental. For purposes of this Article 19 13 only, the term "rental" shall be deemed to be Minimum Annual Rental, Percentage Monthly Rental, Additional Rental and all other sums required to be paid by Tenant pursuant to the terms of this Lease. All sums, other than Minimum Annual Monthly Rental, shall, for the purpose of calculating any amount due under the provisions of subparagraph (c) of Section 19.2(c) above13.2, be computed on the basis of the average monthly amount accruing during the immediately preceding sixty (60) month period, except that if it becomes necessary to compute these sums before the sixty (60) month period has occurred, then these sums shall be computed on the basis of the average monthly amount accruing during the shorter period.

Appears in 2 contracts

Samples: Lease Agreement (Cherokee International Corp), Lease Agreement (Flashcom Inc)

Definition of Rental. For purposes of this Article 19 onlyLease, the term "rental" shall be deemed to be Minimum Annual Rental, Percentage Monthly Rental, Additional Rental and all other sums required to be paid by Tenant pursuant to the terms of this Lease. All sums, other than Minimum Annual Monthly Rental, shall, for the purpose of calculating any amount due under the provisions of subsection (c) of Section 19.2(c) above13.2, be computed on the basis of the average monthly amount accruing during the immediately preceding sixty (60) month period, except that if it becomes necessary to compute these sums before the sixty (60) month period has occurred, then these sums shall be computed on the basis of the average monthly amount accruing during the shorter period.

Appears in 1 contract

Samples: Sublease (Mindspeed Technologies, Inc)

AutoNDA by SimpleDocs

Definition of Rental. For purposes of this Article 19 only, the term "rental" shall be deemed to be Minimum Annual Rental, Percentage Rental, Additional Rental and all other sums required to be paid by Tenant pursuant to the terms of this Lease. All sums, other than Minimum Annual Rental, shall, for the purpose of calculating any amount due under the provisions of Section 19.2(c) above, be computed on the basis of the average monthly amount accruing during the immediately preceding sixty (60) month period, except that if it becomes necessary to compute these sums before the sixty (60) month period has occurred, then these sums shall be computed on the basis of the average monthly amount accruing during the shorter period.. 19.4

Appears in 1 contract

Samples: Retail Space Lease (Chicago Pizza & Brewery Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.