Rent Schedules Sample Clauses

Rent Schedules. Owner shall furnish Agent and Authority with rent schedules, showing market rents for dwelling units and other charges for facilities and services. Eligibility for dwelling units which are leased at less than such market rents, and the amount of such lesser rents, shall be determined in accordance with the Regulatory Agreement and Authority regulations. Pursuant to the terms of the Regulatory Agreement, rents and other charges shall not be increased during the first year of the development’s operation without prior written approval of and Authorized Officer of the Authority.

Rent Schedules. The parties shall have agreed upon the final Base Rent Schedule and the Reference Price Adjustment Schedule for Appendices 24 and 25, respectively.

Rent Schedules. Owner shall furnish Agent with the initial rent schedule approved by the Authority and attached to the Mortgage Loan commitment showing proposed rents for all dwelling units and other charges for facilities and services at the Development. Eligibility for all income-restricted dwelling units shall be determined in accordance with the Regulatory Agreement and state and federal regulations or guidelines. Increases in the rents shown in the initial rent schedule shall be subject to the limits set forth in the Regulatory Agreement and applicable regulations, as well as Authority requirements. Expense Reimbursement. All obligations and expenses incurred by Agent in the setup of the rental office and lease of dwelling units in the Development, included but not limited to the cost of: (i) graphics and signs; (ii) public relations and newsletters; (ii) model apartments set-up; (iv) brochures and printed material; (v) advertising; (vi) credit and background checks, (vii) salaries and wages (including benefits) of on-site staff and leasing fees; and (viii) rental office equipment and supplies, such as postage, telephone, copying, refreshments, toiletries and stationary, shall be for the account and on behalf of Owner, at Owner's expense, provided however, Owner shall not be obligated to pay Agent’s indirect office expenses such as supervision and accounting.

Rent Schedules. (a) Beginning on January 1, 2014 and continuing through April 30, 2019, the Annual Rent and the Monthly Installments of Rent payable for the Fifth Additional Space only shall be the following amounts: Period Rentable Square Footage Rent Per Square Foot Annual Rent Monthly Installment of Rent from to 1/1/2014 4/30/2015 31,571 $62.50 $1,973,187.50 $164,432.29 5/1/2015 4/30/2016 31,571 $63.50 $2,004,758.50 $167,063.21 5/1/2016 4/30/2017 31,571 $64.50 $2,036, 329.50 $169,694.13 5/1/2017 4/30/2018 31,571 $65.50 $2,067, 900.50 $172,325.04 5/1/2018 4/30/2019 31,571 $66.50 $2,099,471.50 $174,955.96 Provided that Tenant is not then in default, the Monthly Installment of Rent and additional rent under Article 4 of the Lease, for the Fifth Additional Space only, will be abated for the period from the January 1, 2014 through April 30, 2014.

Rent Schedules. (a) Beginning on the FAS Commencement Date (FASCD) and continuing through December 31, 2015, the Annual Rent and the Monthly Installments of Rent payable for the Fourth Additional Space only shall be the following amounts: Period Rentable Square Footage Rent Per Square Foot Annual Rent Monthly Installment of Rent from to FASCD 8/31/2014 7,350 $ 58.00 $ 426,300.00 $ 35,525.00 9/1/2014 8/31/2015 7,350 $ 59.00 $ 433,650.00 $ 36,137.50 9/1/2015 12/31/2015 7,350 $ 60.00 $ 441,000.00 $ 36,750.00 Provided that Tenant is not then in default, the Monthly Installment of Rent and additional rent under Article 4 of the Lease, for the Fourth Additional Space, will be abated for the period from the FAS Commencement Date through August 31, 2013.