Initial Rent definition

Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);
Initial Rent means the monthly rents noted in the Rent Schedule attached hereto as Exhibit B, and made a part hereof. These rents must not exceed 30% of 95% of Area Median Income for a person or a family, as applicable.
Initial Rent means the Rent payable under this Licence in respect of each Premises as is specified in Column 2 of Item 5 of Schedule 1; Law includes the provisions of any statute, rule, regulation, proclamation, ordinance or by-law, present or future, whether state, federal or otherwise; Licence means this licence including all Schedules and Annexures hereto; Licensee means the licensee referred to in Column 2 of Item 2, of Schedule 1; Licensor means the licensor referred to in Column 2 of Item 1 of Schedule 1 and includes its assigns and for the purpose of clauses 35, 36, 37, 38, 39, 40, 41, and 42 includes Her Majesty the Queen, the State of New South Wales and the Minister and their heirs, successors, agents, servants, employees and contractors;

Examples of Initial Rent in a sentence

  • For those units occupied by a Current Tenant and the unit is not assisted by a project-based Section 8 Housing Assistance Payments Contract, the Owner shall not increase the Initial Rent for the unit without the prior written approval of the Secretary, and only upon a written request by the Owner for an increase in the Initial Rent supported by substantiating evidence of a Net Increase in Total Operating Costs.


More Definitions of Initial Rent

Initial Rent means the Rent payable under this Lease in respect of the Premises as is specified in Column 2 of Item 5 of Schedule 1 expressed as an annual amount;
Initial Rent means the monthly rents noted in the Rent Schedule attached hereto as Exhibit B, and made a part hereof. These rents must not exceed 30% of 100% of Area Median Income for a person or a family, as applicable, except that the Owner shall not charge rent for a unit that was assisted by a Rent Supplement Contract prior to prepayment that is higher than the Section 8 Voucher rent.
Initial Rent means the sum of one hundred thousand and five hundred pounds sterling (£114,838.00) per annum;
Initial Rent means Rent payable by the Tenant during the Initial Term, including Basic Rent and Supplemental Rent.
Initial Rent. Base Rent”, and “Commercial Rent” as defined below are collectively referenced as “Rent”.
Initial Rent means, in respect of an Aircraft, an amount equal to the difference between the purchase price for such Aircraft and the sum of the pre-delivery payments made on account of such Aircraft and the aggregate Commitments of the Financiers therefor.
Initial Rent means, in respect of an Aircraft, an amount equal to the difference between the purchase price for such Aircraft and the sum of the pre-delivery payments made on account of such Aircraft and the aggregate Commitments of the Purchasers therefor.