Common use of Percentage Rent Clause in Contracts

Percentage Rent. The Tenant must pay % of ☐ ☐ ☐ (gross sales, net sales, etc.). Such payments shall be made, with proof of calculation: (check one) - Monthly - Quarterly - Annually Hereinafter known as the “Percentage Rent.” The Base Rent and the Percentage Rent shall be referred to collectively as the “Rent.”

Appears in 8 contracts

Samples: Oregon Commercial Lease Agreement, York Commercial Lease Agreement, Georgia Commercial Lease Agreement

AutoNDA by SimpleDocs

Percentage Rent. The Tenant must pay % [#]% of ☐ ☐ ☐ [TYPE OF SALES] (gross sales, net sales, etc.). Such payments shall be made, with proof of calculation: (check one) ☐ - Monthly ☐ - Quarterly ☐ - Annually Hereinafter known as the “Percentage Rent.” The Base Rent and the Percentage Rent shall be referred collectively to collectively as the “Rent.”

Appears in 3 contracts

Samples: Hawaii Commercial Lease Agreement, Virginia Commercial Lease Agreement, Wyoming Commercial Lease Agreement

AutoNDA by SimpleDocs

Percentage Rent. The Tenant must pay % [#]% of ☐ ☐ ☐ [TYPE OF SALES] (gross sales, net sales, etc.). Such payments shall be made, with proof of calculation: (check one) ☐ - Monthly ☐ - Quarterly ☐ - Annually Hereinafter known as the “Percentage Rent.” The Base Rent and the Percentage Rent shall be referred collectively to collectively as the “Rent.”

Appears in 1 contract

Samples: Arizona Commercial Lease Agreement

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