Letting Fee definition

Letting Fee means the percentage of the Rent due in relation to the Propertyfor the first year of a tenancy agreement (or, if the tenancy agreement has a fixed term of less than a year, the Rent due for the whole term of the tenancy agreement) as set out in the Appointment Form; “Management Fee” means the percentage of the Rent due in relation to the Property for the first year of a tenancy agreement (or, if the tenancy agreement has a fixed term of less than a year, the Rent due for the whole term of the tenancy agreement), as set out in the Appointment Form; “Management Period” means the period starting when a tenancy agreement is signed in relation to the Property and ending when this contract is terminated; “Owner” means the owner(s) of the Property, which may or may not be the same as the Landlord; “Property” means the property identified in the Appointment Form; “Redress Schemes Order” means the Redress Schemes for Lettings Agency Work and Property Management Work (Requirement to Belong to a Scheme etc) (England) Order 2014; “Renewal Fee” means the percentage of the Rent due in relation to the Property for the year commencing on the expiry of a tenancy agreement (or, if the replacement tenancy agreement has a fixed term of less than a year, the Rent due for the whole term of the replacement tenancy agreement), as set out in the Appointment Form; “Rent” means the rent payable by a tenant of the Property under a tenancy agreement; “Tenancy Deposit” means a deposit received from a tenant in respect of possible breaches of the tenant’s obligations in the tenancy agreement.
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Examples of Letting Fee in a sentence

  • If a tenancy fails to complete after the holding amount has been received from the prospective tenant, the owner or landlord (as the case may be) shall still be liable to the Letting Fee and the owner/landlord hereby agrees that the Agent may deduct such fee from the tenant’s holding amount that has been paid to the agent and agrees to pay the Agent and shortfall that cannot be collected from the holding amount paid by the prospective tenant/s.

  • Letting & Management Fees 28.1 Letting Fee equivalent % of annual rent.

  • The Letting Fee will be payable for each agreement granted to new tenants.

  • Letting Fee The tenant agrees that a letting fee of [Tenant Group Letting Fee Required] (inclusive of GST) is payable by the tenant on signing this agreement.

  • Wherever OCB lets and manages the property and thereafter the Owner/Landlord, for reasons other than breach of the Agreement, serves notice to expire this Agreement during the term of the let period, thereby terminating this Agreement, a Termination Fee is due to the OCB equal to the Letting Fee confirmed in Clauses 5 and 35.

  • The Agent’s Letting Fee is due and payable by the Principal when a tenant enters into possession of the Property or signs a residential tenancy agreement or pays rent, whichever occurs first.

  • If the term of the lease is not fulfilled I (we) understand a Re- Letting Fee may apply.

  • Should the tenant request early termination of their tenancy, and the Landlord agrees to said request, the Landlord/ Agent will be entitled to recover the Landlord’s Letting Fee as detailed in the Terms of Business between the Landlord and Agent, from the Tenant.

  • To give a specific example from our case study, consider the Simulink diagram modeling the physical behavior of the vehicle (vehicle.imp) in Figure 10.

  • Further, I interpret the second sentence as meaning that the Letting Fee was to be an entitlement clear of any expense incurred by the applicant; that is, it that it was intended as profit and not reimbursement for moneys expended.

Related to Letting Fee

  • Ticking Fee has the meaning specified in Section 2.09(b).

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Tipping Fee means a fee or support price determined by the local authorities or any state agency authorised by the State government to be paid to the concessionaire or operator of waste processing facility or for disposal of residual solid waste at the landfill ;

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Management Fee has the meaning given in Section 4.1.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

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

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Drawing Fee means, with respect to each Draft drawn by TCCI and purchased by any Person on any Drawing Date and subject to the provisions of Section 2.15, an amount equal to the product of (i) the Applicable Rate times the aggregate Face Amount of the Draft, multiplied by (ii) a fraction the numerator of which is the number of days in the term to maturity of such Draft and the denominator of which is 365 or 366, as applicable.

  • 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.

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

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

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Usage Fee means the subscription fees to be paid by the Agency for ongoing access to Services.

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Handling Fee means the fee payable per Ticket transaction or order, charged in addition to the Face Value of the Ticket, for the processing and delivery of Tickets in that transaction or order (including United Kingdom value added tax thereon);

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Base Rent As defined in Section 3.1.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Hire Fee the hire fee specified in Item 13.