Annual Rental Fee definition

Annual Rental Fee means the fee paid to the Aviation Authority for the use and occupancy of Premises provided pursuant to this Agreement, separate and apart from the Privilege Fee component of the Annual Concession Fee. The Annual Rental Fee shall be determined by the fair market value of the premises, as determined by a certified, licensed Florida real property appraiser employed by the Aviation Authority. The Aviation Authority reserves the right to conduct appraisals of the premises from time to time during the Term of the Concession Agreement, at its discretion, and to alter the Annual Rental Fee as a result of any such appraisal. Any change in the Annual Rental Fee resulting from an appraisal shall only be effective on the provision of thirty (30) days prior written notice by the Aviation Authority to Company.
Sample 1Sample 2Sample 3
Annual Rental Fee means the fee paid to the Authority for the use and occupancy of Premises provided pursuant to this Agreement, separate and apart from the Fuel Flowage Fee and Gross Receipts component of the Annual Privilege Fee. The Annual Rental Fee shall be the rental fee described in Article 5.A.1 as adjusted in accordance with Article 5.A.1.b.
Sample 1Sample 2
Annual Rental Fee means the annual rental fee as set out and calculated in accordance with Condition 3 of these Standard Terms and Conditions and Appendix 1 to the Framework Agreement.
Sample 1Sample 2

Examples of Annual Rental Fee in a sentence

  • From these funds COFIM will deposit to the COFIM’s sinking fund the greater of: .3% of the 1% municipal sales and use tax or an Annual Rental Fee (RFA).

  • Subject to the Director’s authority to cause a reappraisal of the value of unimproved land at the Airport for the subsequent fiscal year, subsequent fiscal year adjustments to the Annual Rental Fee shall be made pursuant to the CPI recalculation procedure described above.

  • If the CPI decreases over any period for recalculation, the Annual Rental Fee for unimproved land shall remain unchanged until the next period for recalculation in which there is an increase in the CPI.

  • For each fiscal year, if the Index Figure has increased over the Base Figure, the Annual Rental Fee for unimproved land payable for that fiscal year shall be determined by calculating the percentage increase of the Index Figure over the Base Figure.

  • The new Annual Rental Fee for use of unimproved land at the Airport effective as of the start of the next fiscal year shall be ten percent (10%) of the appraised value of unimproved land at the Airport.

  • The portion of the Minimum Annual Concession Fee that consists of the Annual Rental Fee will be determined by the Aviation Authority by an appraisal prior to the Commencement Date and the Minimum Annual Privilege Fee will be calculated at that time by subtracting the Annual Rental Fee from the initial Minimum Annual Concession Fee.

  • The Performance Rights may be exercised by notice in writing to the Company (Notice of Exercise).

  • In such case, the Corporate Auditor appointed by the Audit & Supervisory Board will report the removal of the Independent Auditor and the reason therefor at the first General Shareholders Meeting that is convened after the removal.

  • The Minimum Annual Concession Fee shall equal the sum of the Annual Rental Fee, which is based on the fair market value of the Premises, plus the Minimum Annual Privilege Fee, which fee is paid for the grant by the Aviation Authority of a franchise to engage in the business of operating the Concession within facilities operated and controlled by the Aviation Authority.

  • As of the effective date of this tariff sheet, the Annual Rental Fee per attachment to poles shall be: $8.05 (per foot; minimum one foot) For calendar year 2017, the Annual Rental Fee per attachment per foot occupied shall be computed as the sum of ($3.50 multiplied by the ratio of days in which the prior Tariff’s Base Rental was effective divided by 365) plus ($8.05 multiplied by the ratio of days in which this Annual Rental Fee is in effect divided by 365).


More Definitions of Annual Rental Fee

Annual Rental Fee means in respect of any type of Metal and any day the amount(expressed in cents per tonne per day) for Metal of that type determined by the Issuer for that day as that amount may be adjusted by the Issuer from time to time and notified to Security Holders in accordance with Condition 27 (Notices)
Sample 1

Related to Annual Rental Fee

  • Annual Rent means the annual fixed rent to be paid to the Lessor by the Lessee under Section 5 of this Lease.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $32.50 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per SqFt First Floor Per SqFt Drive Thru TotalPer Annum TotalPer Month 1 $ 32.50 $ 7.50 $ 151,512.00 $ 12,626.00

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Additional Rent means all amounts, other than Basic Rent and any Security Deposit, required to be paid by the Tenant to the Landlord in accordance with this Agreement.

  • Minimum Rent means Fifty Million Thirty-Three Thousand Nine Hundred Seventy-Six and 00/100ths Dollars ($50,033,976.00), subject to adjustment as provided in Section 3.1.1(b).

  • Additional Rental has the meaning set forth in Section 4.03.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Additional Rent(s) means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.