Rent Discount definition

Rent Discount. Notwithstanding the foregoing, the Lessee is granted with 100% discount on Rent for the first two months as of the Commencement date. The Rent does not include specified operating park management services/service costs listed in the Article VI. hereof. The Rent shall be paid quarterly in Euro.

Examples of Rent Discount in a sentence

  • For the purpose of comparing the “Tenant Paid Rent Discount to Market Rent” characteristic, the tenant to market rent schedule Source Document is a Microsoft Excel file labelled “National Series 2024-1_Tenant to Market Working_2.16.2024.xlsx” which was provided by the Depositor on 16 February 2024.

  • For the purpose of comparing the “Tenant Paid Rent Discount to Market Rent” characteristic, the tenant to market rent schedule Source Document is a Microsoft Excel file labelled “Tenant to Market Rent Working_4.25.2023.xlsx” which was provided by the Depositor on 25 April 2023.

  • For the purpose of comparing the “Tenant Paid Rent Discount to Market Rent” characteristic, the tenant to market rent schedule Source Document is a Microsoft Excel file labelled “WSHFC Series 2023-1 - Tenant to Market Rent Working_8.29.2023.xlsx” which was provided by the Depositor on 29 August 2023.

  • Seller's cure of the default does not cure Buyer's default hereunder, and Buyer shall promptly repay to Seller (or, if applicable, refund into the Rent Guarantee or the Rent Discount) any and all amount actually expended by Seller to cure Buyer's default under the assigned Lease.

  • Rent Discount Amount for Year 5 = $37,336.17 Monthly Rent Increase Amount for Year 5 = $37,336.17 ( %) = $ Rent Discount Amount for Year 6 = $38,456.25 Monthly Rent Increase Amount for Year 6 = $38,456.25 ( %) = $ Rent Discount Amount for Year 7 = $39,609.94 Monthly Rent Increase Amount for Year 7 = $39,609.94 ( %) = $ See captions “Potential Rent Increase (monthly) and Warrant Illustration (monthly) on Exhibit B attached hereto for summary calculations of this illustration.

  • In such event, in addition to the re-assignment of the Lease to Seller, Seller shall receive and retain the Rent Guarantee and Rent Discount as to the Lease subject to default, held by Seller or owed to Buyer, as agreed upon, full liquidated damages for such default, with Seller hereby waiving and releasing any rights to xxx Buyer for specific performance, other than to compel the re-assignment of the Lease, or to prove that Seller's actual damages exceed the retained Rent Guarantee and Rent Discount.

  • For the purpose of comparing the “Tenant Paid Rent Discount to Market Rent” characteristic, the tenant to market rent schedule Source Document is a Microsoft Excel file labelled “Tenant to Market Rent Working_7.7.2023.xlsx” which was provided by the Depositor on 7 July 2023.

  • The Gross Rental Rate, Net Rental Rate, and Rent Discount Amount for applicable months under the term of the Lease are all set forth on Exhibit B attached hereto.

Related to Rent Discount