Annual Rent definition

Annual Rent means the annual fixed rent to be paid to the Lessor by the Lessee under Section 5 of this Lease.
Annual Rent means a peppercorn (if demanded).

Examples of Annual Rent in a sentence

  • During the Lease Term, the Lessee must pay to the Lessor Annual Rent for the Premises in the aggregate annual amount of One Hundred Thousand Dollars ($100,000.00) (as adjusted for CPI if provided below) payable on the last day of each Lease Year.

  • The Annual Rent will automatically increase effective as of the beginning of the second Lease Year and annually thereafter during the Lease Term to reflect the proportionate cumulative increase in the CPI, if any, during the previous Lease Year.

  • If, at the time of Damage giving rise to Loss of Rent, the Sum Insured declared by the Insured in respect of Rent Receivable is less than the Annual Rent Receivable (or a proportionately increased multiple thereof where the Maximum Indemnity Period exceeds twelve (12) months), the Insurer’s liability will be proportionately reduced.

  • In the event total Percentage Rent remitted in a given Lease Year exceeds the Annual Rent due that year, no Annual Rent is due.

  • The Annual Rent Receivable and Rent Receivable are subject to such adjustments as may be necessary to provide for the trend of the Business and for variations in or other circumstances affecting the Business so that the figures thus adjusted shall represent as nearly as may be reasonably practicable the results which but for the Incident would have been obtained during the relative period after the date of the Incident.


More Definitions of Annual Rent

Annual Rent. As stipulated in Clause 1(a) of the Special Covenants and Conditions hereinafter appearing.
Annual Rent means the fee levied or paid per hectare per annum to the owner or landlord for the exercise of timber rights on the piece of land as specified in the contract;
Annual Rent means the aggregate of the Annual Minimum Rent and Percentage Rent.
Annual Rent the amounts set forth below during the Original Term, and the amount set forth in Section 7 during any Renewal Term. TERM ANNUAL RENT MONTHLY RENT From 01/15/2004 to 03/14/2004 (13.25 ) $ 5,693.08 $ 2,846.54 From 03/15/2004 to 01/14/2005 (13.64 ) $ 29,303.20 $ 2,930.32 From 01/15/2005 to 01/14/2006 (14.05 ) $ 36,220.80 $ 3,018.40 From 01/15/2006 to 01/14/2007 (14.47 ) $ 37,303.56 $ 3,108.63
Annual Rent means the amount so identified on Page 1 of this Lease.
Annual Rent means, in relation to any Relevant Period, the amount determined by the Lender to be the aggregate Rental Income received by or on behalf of the Borrower in respect of the Property during that Relevant Period
Annual Rent shall have the meaning set forth in Section 4.2.