Annual Rent definition

Annual Rent means a peppercorn (if demanded).
Annual Rent. As stipulated in Clause 1(a) of the Special Covenants and Conditions hereinafter appearing.

Examples of Annual Rent in a sentence

For the Extended Term, Item 3 of the Basic Lease Provisions and Paragraph 2(a) of the Existing Lease are hereby amended to provide that the Initial Basic Annual Rent applicable to the first year of the Extended Term shall be Four Hundred Twenty-two Thousand Two Hundred Eighty-five and 40/100 Dollars ($422,285.40) (i.e., $16.20 NNN per square foot of Rentable Area annually).

Such Fixed Annual Rent shall be payable in equal monthly installments in advance on the first (1st) day of each calendar month during the Term.

If the Commencement Date does not occur on the first (1st) day of a month, then Fixed Annual Rent for the month in which the Commencement Date occurs shall be prorated and paid on the Commencement Date.

If, as a result of such damage to the Building or to the core and shell of the Premises or Building Systems serving the Premises, the Premises are rendered Untenantable, the Fixed Annual Rent and Recurring Additional Rent shall abate in proportion to the portion of the Premises not usable by Tenant from the date of such fire or other casualty until Landlord’s Restoration Work is substantially completed.

All sums other than Fixed Annual Rent payable to Landlord hereunder shall be deemed to be “Additional Rent” and shall be payable within thirty (30) days after demand, unless other payment dates are hereinafter provided.


More Definitions of Annual Rent

Annual Rent means the annual rent required by AS 38.05.255 as determined pursuant to Section 6 herein.
Annual Rent means the fee levied or paid per hectare per annum to the owner or landlord for the exercise of timber rights on his piece of land as specified in the contract;
Annual Rent means the amount so identified on Page 1 of this Lease.
Annual Rent shall have the meaning set forth in Section 4.2.
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 07/15/2004 to 03/14/2005 $ 14,663.00 $ 1,221.92
Annual Rent. Throughout the Term, an annual guaranteed rent equal to : - for the period commencing on the January 1st 1998 and terminating on December 31st 2002, an annual rent of $58,400 US, payable in advance, in equal monthly and consecutive instalments of $4,866.67US each, on the first day of each month during for this period, based on a net rate per square foot ( $23.36US/sq. ft. ) of the Leasable Area of the Leased Premises; - The Annual Rent is payable to the Lessor in accordance to article 4.1 of the Lease