Annualized rent means, for tax years 2004 and thereafter, the
Annualized rent means the monthly base rent for the applicable property or properties as of December 31, 2017, multiplied by 12 and then multiplied by our percentage ownership interest for such property, where applicable, and “total annualized rent” means the annualized rent for the applicable group of properties;
Annualized rent means, for tax years 2004 and thereafter, the rent paid by the claimant during the tax year for which the homestead rebate is being claimed, and if paid for a lease term covering less than the full tax year, the actual rent paid for the days during the term of the lease of the homestead proportionalized as if the term of the lease had been for 365 days of the tax year;
Examples of Annualized rent in a sentence
Tenants may have multiple leases in the same year.(b) Annualized rent represents the monthly rent charged, including tenant reimbursements, for each lease in effect at December 31, 2022 multiplied by 12.
More Definitions of Annualized rent
Annualized rent means: (i) for commercial assets, or the retail component of a mixed-use asset, the in- place monthly base rent before free rent, plus tenant reimbursements as of December 31, 2021, multiplied by 12 and (ii) for multifamily assets, or the multifamily component of a mixed-use asset, the in-place monthly base rent before free rent as of December 31, 2021, multiplied by 12. Annualized rent excludes rent from leases that have been signed but have not yet taken occupancy (not yet included in percent occupied metrics). The in-place monthly base rent does not take into consideration temporary rent relief arrangements.
Annualized rent means the Company’s annual rent expense as of its most recently completed fiscal year, as disclosed in the lease commitment footnote to its annual consolidated financial statements.
Annualized rent means the annual rent expense of the Company’s most recently completed fiscal year, as disclosed in the lease commitment footnote of the annual consolidated financial statements of the Company.
Annualized rent with respect to any Tenant Lease at any time, the annualized amount of the rent payable to the Borrower at such time under such Tenant Lease.