Fixed Base Rent definition

Fixed Base Rent shall have the meaning provided in Section 3.1(a).
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Fixed Base Rent the fixed base rent payable by the Subtenant to the Sublandlord under the Subleasae Agreement
Sample 1
Fixed Base Rent means annual base rent for the Term payable as follows: Lease Year Annual Fixed Base Rent Monthly Installments $ PSF 1 $ 1,125,511.50 $ 93,792.62 $ 30.75 2 $ 1,143,812.50 $ 95,317.71 $ 31.25 3 $ 1,162,113.50 $ 96,842.79 $ 31.75 4 $ 1,180,414.50 $ 98,367.87 $ 32.25 5 $ 1,198,715.50 $ 99,892.96 $ 32.75 6 $ 1,217,016.50 $ 101,418.04 $ 33.25 7 $ 1,235,317.50 $ 102,943.12 $ 33.75 8 $ 1,253,618.50 $ 104,468.21 $ 34.25 9 $ 1,271,919.50 $ 105,993.29 $ 34.75 10 $ 1,290,220.50 $ 107,518.37 $ 35.25
Sample 1

Examples of Fixed Base Rent in a sentence

  • In the event Tenant remains in possession of the Premises after termination of this Lease, and without the execution of a new lease, Tenant, at the option of Landlord shall be deemed to be occupying the Premises as a tenant from month to month, at twice the Fixed Base Rent subject to all the other conditions, provisions and obligations of this Lease insofar as the same are applicable to a month-to-month tenancy.

  • Unless this Lease is cancelled as hereinafter provided, the Fixed Base Rent provided for herein commencing with the date possession is acquired by the condemning authority, shall be reduced in proportion to the amount of the Premises taken.

  • In accordance with HKFRS 16 “Leases”, the Group will recognize the value of the right-of-use asset on its consolidated statement of financial position in connection with the Fixed Base Rent in relation to the sublease of the Premises under the Sublease Agreement.

  • Major political parties have given tickets to the minimum 5% women candidates, all of whom are not elected, and that is how the result was only about 3% representation.

  • Some of these techniques are extensively described in the following chapter of this book.Countermeasures against side-channel attacks range among a large variety of solutions.

  • The annual Fixed Base Rent due for any period of less than a full twelve-month period, and any installment of the Fixed Base Rent due for any period of less than a full month, and semi-annual PILOT payment due for any period less than six months, shall be appropriately apportioned.

  • Landlord covenants and agrees that the Tenant upon paying the Fixed Base Rent, additional rent and all other charges herein provided for and performing and fulfilling the covenants, agreements, and conditions of this Lease on the Tenant's part to be performed and fulfilled, shall peaceably and quietly hold, occupy and enjoy the Premises during the Term without hindrance or molestation by the Landlord or any person (s) claiming under the Landlord, subject, however, to the terms and conditions of this Lease.

  • Notes: Place the ABI MicroAmp Compression Pad over the sealed PCR 96-well plate and close the lid of the thermal cycler.

  • Accordingly, the payment of the Fixed Base Rent under the Sublease Agreement is regarded as an acquisition of right-of-use asset by the Subtenant which will constitute a one-off connected transaction of the Company under Chapter 14A of the Listing Rules.

  • The parties recognize and agree that the damage to Landlord resulting from any failure by Tenant to timely surrender possession of the Demised Premises as aforesaid will be extremely substantial, will exceed the amount of the monthly installments of the Fixed Base Rent and Additional Rent theretofore payable hereunder, and will be impossible to accurately measure.


More Definitions of Fixed Base Rent

Fixed Base Rent means annual base rent for the Term payable as follows: LEASE YEAR MONTHLY ANNUALIZED RENTAL RATE ANNUAL RATE PER SQUARE FOOT Year 1 Months 1-4 Months 5-12 $22,420.48 $44,840.96 $269,045.75 $538,091.49 $12.87 $25.73 Year 2 $46,078.31 $552,939.72 $26.44 Year 3* $46,949.69 $563,396.22 $26.94 *Lease Year 3 shall consist of fourteen (14) months.
Sample 1
Fixed Base Rent means from the Commencement Date through and including the 60th full calendar month after the Commencement Date, a monthly amount equal to Fifteen Thousand Four Hundred Sixteen and 67/100 Dollars ($15,416.67).
Sample 1

Related to Fixed Base Rent

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

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

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $32.50 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per SqFt First Floor Per SqFt Drive Thru TotalPer Annum TotalPer Month 1 $ 32.50 $ 7.50 $ 151,512.00 $ 12,626.00

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Minimum Rent means Fifty Million Thirty-Three Thousand Nine Hundred Seventy-Six and 00/100ths Dollars ($50,033,976.00), subject to adjustment as provided in Section 3.1.1(b).

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Additional Rent means all amounts, other than Basic Rent and any Security Deposit, required to be paid by the Tenant to the Landlord in accordance with this Agreement.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Additional Rental has the meaning set forth in Section 4.03.

  • Annual Rent means the annual fixed rent to be paid to the Lessor by the Lessee under Section 5 of this Lease.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Percentage Rent As defined in Subsection 3.1(b).

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Additional Rent(s) means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • 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.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.