Fixed Rent Amount definition
Examples of Fixed Rent Amount in a sentence
Each month thereafter, the Rent paid by Lessee shall be the sum of the Adjustable Rent Amount in Rmb and an amount of Rmb equal to the Fixed Rent Amount converted to Rmb at the average of the rates of exchange for buying and selling published by the Bank of China on the first day of the month in which the payment is made.
The amount of Rent in U.S. dollars so calculated shall be called the Fixed Rent Amount and shall remain fixed in U.S. $ for the remaining term of the Contract.
Thereafter, the Rent shall be the amount of Rmb in (i) and (ii) plus an amount of Rmb equal to the Fixed Rent Amount of (iii) converted into Rmb from US Dollars (US$) at the average of the rates of exchange for buying and selling published by the Bank of China on the first day of the month in which the payment is made.
The amount of Rent in US Dollars so calculated shall be called the Fixed Rent Amount and shall remain fixed in US Dollars for the remaining term of the Contract.