Annual Lease Rent definition

Annual Lease Rent means the annual lease rent payable by the Developer to Authority as part of the Consideration as set forth in the Schedule of Payment hereof;

Annual Lease Rent shall have the meaning as set forth in Article 2.4

Annual Lease Rent means the annual lease rent payable to the Authority by the Developer, as per the terms of the Development Agreement;

Examples of Annual Lease Rent in a sentence

• The Successful Bidder will have to pay an Annual Lease Rent of 0.25 % of the Lease Premium per annum excluding service tax and other rates and taxes during the lease period, besides making payment of the lease premium.

• However, the Annual Lease Rent for the first financial year or part thereof shall be paid from the date on which Annual Lease Rent becomes payable.

• In case a Bidder by mistake quotes a Lease Premium lower than 8 times its offer against Annual Lease Rent and if it is declared as Selected Bidder, the Lease Premium and Annual Lease Rent of its Bid shall be re-computed by the Authority for making the amount against Lease Premium at least 8 times the amount of Annual Lease Rent keeping the Grand Total Present Value of Lease Premium and Annual Lease Rent the same as arrived at under column 4 above.

• All Chapter members in good standing and eligible to vote may participate in elections at the annual meeting.

• This Regulation shall be binding in its entirety and directly applicable in the Member States in accordance with the Treaty establishing the European Union.

More Definitions of Annual Lease Rent

Annual Lease Rent shall have the meaning attributed to the term in clause 2.5.1 of this Agreement.

Annual Lease Rent shall have the meaning as set forth in 2.9.2.

Annual Lease Rent means the consideration levied by RSCCL from an allottee for the rights associated with the use of such land and/or any other fixed asset(s) for a specified purpose as agreed between the allottee and RSCCL, but excluding statutory levies as may be applicable under prevailing law;

Annual Lease Rent means a sum of Rs.1,000/- (Rupee One Thousand only) per acre of lease Scheduled Property annually, with the first instalment starting from Lease commencement date until the expiry of period of lease agreed or termination of this lease, whichever is earlier.

Annual Lease Rent shal mean the annual lease rent payable by the Developer to Authority as part of the Consideration as set forth in the Schedule of Payment hereof;

Annual Lease Rent shall have the meaning ascribed to it in Clause 3.1.2; “Authority Indemnified Persons” shall have the meaning ascribed to it in Clause 24.2;

Annual Lease Rent or "ALR" means the amount quoted by the Selected Bidder for the first year of Lease Period as part of its financial offer and accepted by APIIC.