Examples of Current Market Rent in a sentence
In the event that a party fails to appoint an appraiser within such thirty (30) days and has failed to remedy such failure within five (5) days of written notice thereof from the other party, then the Annual Base Rent shall be the Current Market Rent for the Premises, as determined by the sole appraiser.
If the Annual Base Rent payable during an Extension Term is not agreed upon at least three (3) months prior to the commencement of such Extension Term, then each party shall, within thirty (30) days thereafter, mandate an appraiser licensed in the Province where the Premises are located, to determine the Current Market Rent for the Premises.
Equity Commitment Letter: got a Leveraged Buyout, the agreement pursuant to harness the Sponsors commit to provide some Equity Contribution.
NOTE: The Current Market Rent opinion is NOT necessary for the Second Appraisal or Property Owner commissioned appraisal in the Appeal Process.
Current Market Rent For the purposes of the report, I have had regard to the definitions of Current Market Rent as contained in the NHS Directions 2004.