Annual Base Rent definition

Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.
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Annual Base Rent means the Initial Base Rent, as it may be adjusted annually as provided in Section 4.2.
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Annual Base Rent means the annual rent set out in section 1.1(f) or (g) and payable by the Tenant as set forth in section 4.1(a).
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Examples of Annual Base Rent in a sentence

  • See the following example of a scheduled Market Adjustment for a 50,000 square foot lease, at a 6% lease rate with two different appraisal values: Lessor Appraisal = $6.50 per square foot Lessee Appraisal = $6.10 per square foot Land Value= $6.30 per square foot New Annual Base Rent = $6.30 x 50,000 (or applicable square footage) x 6% (or applicable Lease Rate) = $18,900.

  • Landlord shall have the same remedies for a default in the payment of Additional Rent as for a default in the payment of Annual Base Rent.

  • If yes, please provide the Annual Base Rent Payment (lease payment minus property taxes, insurance, and operating/maintenance expenses) for three years in the budget below, and only major renovation costs your company expects to incur.

  • In addition, if the Annual Base Rent is increased as provided in Section 4.5, then the Base Rent Escalator shall continue to apply to each of the five (5) years following such increase, with the increase effective on the anniversary of the increase in Base Rent as provided in Section 4.5 in lieu of increases on January of each year.

  • All such amounts and charges shall be payable to Landlord at the place where the Annual Base Rent is payable.


More Definitions of Annual Base Rent

Annual Base Rent means the Business’ annual lease payment minus taxes, insurance, and operating or maintenance expenses.
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Annual Base Rent means the initial amount of Thousand Dollars ($ ) and thereafter such amount as shall be determined in accordance with Section 4.3.
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Annual Base Rent. As defined in the Basic Lease Provisions. ----------------
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Annual Base Rent. See Section 3.1
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Annual Base Rent shall have the meaning set forth in Section 4.1.
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Annual Base Rent means the amount set forth on the following schedule: Rental Year Annual Base Rent Monthly Installments of Annual Base Rent 1 $ 1,276,008.36 $ 106,334.03 2 $ 1,314,288.60 $ 109,524.05 3 $ 1,353,717.24 $ 112,809.77
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Annual Base Rent means One Hundred and Fifty Four Thousand Nine Hundred and Ninety Four and 50/100 Dollars ($154,994.50), which amount is subject to adjustment pursuant to Section 4.2 below.
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