Examples of Base Rents in a sentence
The Base Rents in respect of each of the Lease Years will be determined in accordance with an annual rent review by a jointly appointed independent professional property valuer and will be more reflective of the prevailing market conditions at the time each annual rental review is conducted.
The rents payable for the period from the Listing Date to December 31, 2010 consist of escalating Base Rents and Variable Rents.
Payments by tenants to the reporting entity to terminate a lease prior to the lease’s expiration date (lease termination income) should be included and specified as “Other Income” under Base Rents.
This includes addressing tenant issues, establishing and enforcing policies and procedures, and collection of Base Rents and other rents, fees and charges set forth in this Lease.
Cash Basis (excludes periodic, contractual fixed rent increases) Renewals of Existing Leases Stores Re-leased to New Tenants (1) Average Annualized Base Rents Average Annualized Base Rents ($ per sq.