Percentage Rent. In addition to the Base Rent, Tenant shall be: (check one) ☐ – Not required to make payments related to Tenant’s sales or revenue (“Percentage Rent”). ☐ – Required to pay [#]% of [TYPE OF SALES] (gross sales, net sales, etc.). Such payment shall be made with a receipt and proof of calculation and paid each: (check one) ☐ Monthly ☐ Quarterly ☐ Annually The Base Rent and the Percentage Rent shall be referred collectively to as the “Rent.” 7.
Appears in 19 contracts
Samples: Commercial Lease Agreement, Lease Agreement, Commercial Lease Agreement
Percentage Rent. In addition to the Base Rent, Tenant shall be: (check one) ☐ – - Not required to make payments related to Tenant’s sales or revenue (“Percentage Rent”). ☐ – - Required to pay [#]% [#]% of [TYPE [TYPE OF SALES] SALES] (gross sales, net sales, etc.). Such payment shall be made with a receipt and proof of calculation and paid each: (check one) ☐ Monthly ☐ Quarterly ☐ Annually The Base Rent and the Percentage Rent shall be referred collectively to as the “Rent.” 7.”
Appears in 5 contracts
Samples: Illinois Commercial Lease Agreement, North Carolina Commercial Lease Agreement, Vermont Commercial Lease Agreement
Percentage Rent. In addition to the Base Rent, Tenant shall be: (check one) ☐ – Not required to make payments related to Tenant’s sales or revenue (“Percentage Rent”). ☐ – Required to pay [#]% of [TYPE OF SALES] (gross sales, net sales, etc.). Such payment shall be made with a receipt and proof of calculation and paid each: (check one) ☐ Monthly ☐ Quarterly ☐ Annually The Base Rent and the Percentage Rent shall be referred collectively to as the “Rent.” 7.Annually
Appears in 1 contract
Samples: Commercial Lease Agreement
