Current Monthly Rent definition

Current Monthly Rent means the aggregate of all Monthly Base Rent and Additional Rent Progress Payments being paid by Tenant as of the effective date of an assignment or sublet, divided by the number of square feet of Rentable Area of the Premises.
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Current Monthly Rent. S$8,531.60 (S$11.40 per sq. ft) (inclusive of service charge) Deposit: S$25,594.80
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Examples of Current Monthly Rent in a sentence

  • Current Monthly Rent % Base Factor % Change Rent Increase $2,500.00 x 50% = $1,250.00 x 1.4 = $17.50 Part 3.

  • The Monthly Rent for any such period (the "Current Monthly Rent") shall be determined by multiplying the Monthly Rent for the first twelve (12) months of the Term ("Initial Monthly Rent") by the ratio of the Current Index to the Beginning Index; provided, however, that in no event shall the Monthly Rent for any year increase by more than three percent (3%) over the Monthly Rent for the preceding year (the "Previous Monthly Rent").

  • Thus, the Current Monthly Rent shall be determined by the following calculations: Current Monthly Rent = Initial Monthly Rent x (Current Index / Beginning Index) provided that Current Monthly Rent = Previous Monthly Rent x 103%.

  • Thus, Current Monthly Rent shall be determined by the following calculations: Current Monthly Rent = Initial Monthly Rent x (Current Index O Beginning Index) provided that Current Monthly Rent (2) Previous Monthly Rent x 103%.

  • Thus, the Current Monthly Rent shall be determined by the following calculations: Current Monthly Rent = Initial Monthly Rent x (Current Index / Beginning Index) provided that Current Monthly Rent Previous Monthly Rent x 103%.