Core Rent definition

Core Rent is the rent for the property excluding service charges and refers to the Core rent at the commencement of this Contract for each unit within the Property as shown in Schedule One to this Contract and thereafter the Core rent for each unit in the Property that is set by the Trust in accordance with clause 10
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Examples of Core Rent in a sentence

  • The amount of the Core Rent per week payable for the following 12- month period under each Occupancy Agreement from the first Monday in April.

Related to Core Rent

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Basic Rent means the rent payable for the Aircraft pursuant to Section 3.2.1(a) of the Lease.

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

  • 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.