Initial Rent. Monthly rent for and during the first eleven months of the term of this Lease Agreement shall be at the rate of $359.31 and shall commence on the commencement date of the Lease Agreement term, and continuing on the first day of each calendar month thereafter.
Initial Rent. Estimated initial rent to owner shall be established within a period consistent with the MOA by the host PHA. The initial contract rents for each unit shall not exceed the amount authorized per 24 CFR 983.301. The standards of the host PHA’s Payment Standards, Utility Allowances, Rent Reasonableness Standards, and HQS will apply. The Parties agree that the project developer shall maintain separate and distinct AHAP and HAP agreements for each participating PHA.
Initial Rent. Tenant shall pay to Landlord as rent for the Property for the first five (5) lease years, monthly payments of minimum rent in the amount of Ninety-Five Thousand Dollars ($95,000.00), in advance, on or before the first day of each month throughout the first lease year.
Initial Rent. On the Commencement Date, Lessee shall pay to County an initial rent payment of ($Click or tap here to enter text.) (“Initial Rent”).
Initial Rent. Six Hundred and Sixteen Thousand Eight Hundred and Three Pounds (£616,803) per annum exclusive of VAT subject to review in the manner set out in Schedule 4
Initial Rent. The annual rent shall be based on market rates as set out in Exhibit F for space necessary for the installation of a Network Hut and surrounding fence at each City Site. The rent shall be subject to an annual escalation factor of three percent (3%).
Initial Rent. The annual rent shall be based on market rates as set out in Exhibit F for space necessary for the installation of a Network Hut and surrounding fence at each City Site. The rent shall be subject to an annual escalation factor of three percent (3%). The applicable rent and three percent (3%) annual escalation factor will become effective on the Effective Date of this Master Lease regardless of when communication shelter installations take place. Therefore, any installations occurring later than one year after the Effective Date will be subject to the applicable rent and annually compounding three percent (3%) escalation factor applicable to the number of years that have passed between the Effective Date and the date of the installation.
Initial Rent. Initial monthly rent shall be at the rate of twenty cents ($.20) per square foot, based on the square footage of the hangar only (9,070 square feet), or $1,814.00 total per month, commencing June 1, 2019, and continuing through May 31, 2020.
Initial Rent. Upon execution hereof, Subtenant shall deliver the first month's Base Rent to Tenant, to be applied against Subtenant's first obligation to pay Base Rent hereunder. Subtenant shall pay to Tenant the Base Rent in advance on the first (1st) day of each month of the Sublease Term, commencing on the Rent Commencement Date. In the event the last day of the Sublease Term is not the last day of the calendar month, the Base Rent shall be appropriately prorated based on a thirty (30) day month. All installments of Base Rent shall be delivered to Tenant's Address, or at such other place as may be designated in writing from time to time by Tenant, in lawful money of the United States and without deduction, abatement or offset for any cause whatsoever.
