Minimum Guaranteed Rent definition

Minimum Guaranteed Rent. Tenant must pay to Landlord monthly a minimum amount equal to at least THIRTY-SEVEN f-H0433*N-D kN-D NO11-06 037,-000.&20)130ti.ARS per month. Such Minimum Guaranteed Rent in the amount of $ee-.150 is calculated without regard to the actual number of square feet in the Demised Premises. 711.f, rOC9, —
Minimum Guaranteed Rent has the meaning ascribed to it in Section 2.4(c).
Minimum Guaranteed Rent means the rent set out in Section 1.1(f) and payable in accordance with Article 4. Notice includes requests, demands, designations, statements or other writings in this Lease required or permitted to be given by the Landlord to the Tenant or by the Tenant to the Landlord and all writs, originating notices of motion, affidavits and any other ancillary documents in support of all legal proceedings. Percentage Rent/Privilege Fee means the percentage rent/privilege fee calculated as provided for in Section 1.1(g) and Article 4.

Examples of Minimum Guaranteed Rent in a sentence

  • Subject to Section 4.7, the Tenant shall pay to the Landlord in and for each Lease Year, Minimum Guaranteed Rent in the amount per annum set out in Section 1.1(f) for the respective Lease Year by equal consecutive monthly instalments in the amount set out in Section 1.1(f) for such Lease Year.

  • Payment of Minimum Guaranteed Rent shall commence on the Minimum Rent Commencement Date and continue on the first day of each month thereafter.

  • After the one-year anniversary of the opening of the Temporary Facility, quarterly payments of the Minimum Guaranteed Rent will be made by Tenant in advance, on a quarterly basis in equal base amounts of $750,000, plus an annual “true-up” payment of Rent due in excess of the Minimum Guaranteed Rent (“True-Up Payment”).

  • Minimum Guaranteed Rent for any partial calendar year shall be prorated.

  • The Tenant shall, upon signing this Lease deliver to the Landlord a letter of credit in the amount equal to XXXXX (which is equal to 3 months’ Minimum Guaranteed Rent) ♦].

  • The Tenant shall, upon signing this Lease deliver to the Landlord a letter of credit in the amount equal to XXXXX (which is equal to 3 months’ Minimum Guaranteed Rent) ⧫].


More Definitions of Minimum Guaranteed Rent

Minimum Guaranteed Rent shall be an annual rent of $1,000,000 payable in twelve (12) equal monthly installments, prorated as to any partial month, commencing on the Minimum Rent Commencement Date and continuing on the first day of each month thereafter, increasing by fifteen percent (15%) on every fifth (5th) anniversary of the Minimum Rent Commencement Date.
Minimum Guaranteed Rent. From the Rent Commencement Date through the First Lease Year as defined below in Section 1.8 the Minimum Guaranteed Rent shall be Six Hundred Eighty-two and 50/100 Dollars ($682.50) per month. Effective on January 1 of each subsequent Lease Year, the amount of Minimum Guaranteed Rent shall be increased by four percent (4%) as follows: January 1, 2001 through December 31, 2001 $709.80/Month January 1, 2002 through December 31, 2002 $738.19/Month
Minimum Guaranteed Rent shall consist of the aggregate of “Fixed Minimum Guaranteed Rent” and “Enhancement Minimum Guaranteed Rent” as set forth below. Payment of Minimum Guaranteed Rent shall commence on the Minimum Rent Commencement Date and continue on the first day of each month thereafter.

Related to Minimum Guaranteed Rent

  • Maximum Guaranteed Amount means as of the date of determination with respect to a Guarantor, the lesser of (a) the amount of the Guaranteed Obligations outstanding on such date and (b) the maximum amount that would not render such Guarantor’s liability under this Guaranty Agreement subject to avoidance under Section 548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.

  • Guaranteed Sum means: The maximum aggregate amount of R

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

  • Guaranteed Amount means the aggregate amount of each Guaranteed Debt that is guaranteed at any time by Partner Guarantors.

  • Base Rent As defined in Section 3.1.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

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

  • 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.

  • Guaranteed Amounts means the amounts due from time to time from the Issuer to (i) the Covered Bondholders with respect to each Series of Covered Bonds (excluding any additional amounts payable to the Covered Bondholders under Condition 9(a) (Gross-up by the Issuer)) and (ii) the Other Issuer Creditors pursuant to the relevant Transaction Documents.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • a guaranteed income payment means a payment made under article 15(1)(c) (injury benefits) or 29(1)(a) (death benefits) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011;

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Guaranteed Advance Payment Sum means: The maximum amount of R .........................................................................

  • Guaranteed Obligation and “Guaranteed Obligations” shall have the meaning assigned thereto in the Guarantee set forth on the signature pages hereto.

  • Guaranteed Agreement means the Framework Agreement and each Call-Off Contract made between the Supplier and each Other Contracting Body;

  • Guaranteed loan means the loan in the original principal amount specified in Clause 4 of the Special Conditions made by the Guarantee Holder to the State-Owned Enterprise under the Loan Agreement and denominated in Guarantee Currency or, where the context may require, the amount thereof from time to time outstanding, the proceeds of which shall be applied to the Investment Project.

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • Minimum Royalty shall have the meaning set forth in Section 7.3.

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Additional Rent means any and all amounts, other than Basic Rent, required to be paid by the Tenant under this Lease, whether or not same are designated “Additional Rent” or whether or not the same are payable by Landlord;

  • 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.

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

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

  • 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.

  • Guaranteed Liabilities means: (a) the Company’s prompt payment in full, when due or declared due and at all such times, of all Obligations and all other amounts pursuant to the terms of the Revolving Credit Agreement, the Notes, and all other Loan Documents heretofore, now or at any time or times hereafter owing, arising, due or payable from the Company to any one or more of the Revolving Secured Parties, including principal, interest, premiums and fees (including, but not limited to, loan fees and reasonable fees, charges and disbursements of counsel (“Attorney Costs”)); (b) each Loan Party’s prompt, full and faithful performance, observance and discharge of each and every agreement, undertaking, covenant and provision to be performed, observed or discharged by such Loan Party under the Revolving Credit Agreement, the Notes and all other Loan Documents; and (c) the prompt payment in full by each Loan Party, when due or declared due and at all such times, of obligations and liabilities now or hereafter arising under Related Swap Contracts and Secured Cash Management Arrangements; provided, however, that the “Guaranteed Liabilities” shall exclude any Excluded Swap Obligations. The Guarantors’ obligations to the Revolving Secured Parties under this Guaranty Agreement are hereinafter collectively referred to as the “Guarantors’ Obligations” and, with respect to each Guarantor individually, the “Guarantor’s Obligations”. Notwithstanding the foregoing, the liability of each Guarantor individually with respect to its Guarantor’s Obligations shall be limited to an aggregate amount equal to the largest amount that would not render its obligations hereunder subject to avoidance under Section 548 of the United States Bankruptcy Code or any comparable provisions of any applicable state law. Each Guarantor agrees that it is jointly and severally, directly and primarily liable (subject to the limitation in the immediately preceding sentence) for the Guaranteed Liabilities. The Guarantors’ Obligations are secured by various Security Instruments referred to in the Revolving Credit Agreement, including without limitation, the Security Agreement and the Pledge Agreement.

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