Main Rent definition

Main Rent the yearly rent of [AMOUNT IN WORDS] pounds (£[AMOUNT IN FIGURES]) [subject to review on each Rent Review Date in accordance with Schedule 2];
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Main Rent. [AMOUNT IN WORDS] pounds (£[AMOUNT IN FIGURES]) yearly[ as increased (if at all) under Schedule 2];
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Main Rent the rent payable under clause 3.2;
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Examples of Main Rent in a sentence

  • The Tenant must pay as rent VAT under clause 4.4. The Main Rent is payable by equal [monthly/quarterly] payments in advance on the Rent Days in every year.

  • Until the arrangements in Schedule 9 come to an end in accordance with paragraph 11 of Schedule 9, instead of paying the Main Rent under clause 3.2 the Tenant must pay the Base Rent and the Turnover Rent under Schedule 9.

  • The Main Rent is not payable for any period before the Rent Commencement Date and the Insurance Rent and the Service Charge are not payable for any period before the Ancillary Rent Commencement Date.

  • Except when clause 3.7 applies, the Tenant must pay as rent:40 for the period starting on the Rent Commencement Date [and ending on the day before the first Rent Review Date] [AMOUNT IN WORDS] pounds (£[AMOUNT IN FIGURES]) yearly[; and] [during the remainder of the Term, the rent set out in clause 3.2.1 as increased (if at all) under Schedule 2.] Main Rent is not payable for any period before the Rent Commencement Date.

  • Main Rent4.1 The Tenant must pay the Main Rent or, where Schedule 9 applies, the Base Rent and the Turnover Rent, when due.

  • If the Landlord serves notice under this paragraph 11.2, the Tenant will pay to the Landlord on demand the amount specified in the notice as representing the difference between the Main Rent that would have been payable up to the date of that notice and the rents actually paid by the Tenant under this Schedule.


More Definitions of Main Rent

Main Rent the yearly rent one hundred and thirty nine thousand seven hundred and forty five pounds (£139,745) subject to review on each Rent Review Date in accordance with Schedule 2 “Management Company” such management company incorporated by the Landlord for the purposes of managing the Estate and providing the Services
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Main Rent. Five pounds per annum (£5.00)
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Main Rent the yearly rent of [AMOUNT IN WORDS] pounds (£[AMOUNT IN FIGURES]) [subject to review on each Rent Review Date in accordance with Schedule 2] and (unless the Landlord and the Tenant have included provisions in this Lease intended to exclude sections 24 to 28 of the 1954 Act from this Lease), includes any interim rent determined by the court under the 1954 Act to be payable in respect of any period after the last day of the Contractual Term;
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